Myanmar’s best-known business house is joining up with multinationals

THE maroon hot-air balloons which carry tourists over Bagan—an ancient city teeming with crumbling red-brick temples—are famous in Myanmar. The fleet belongs to one of the country’s best-known tycoons. Since the pariah nation began to open up in 2011, Serge Pun has gradually transformed an empire built on property into a conglomerate with interests in […]

Burger King finds new throne at Yangon International Airport

A new king has been crowned at Yangon International Airport. Global fast-food giant Burger King opened its doors in Terminal 1 on July 1 – marking its first entry into Myanmar. The airport outlet’s launch follows similar bids made by fast-food rivals KFC and Pizza Hut – both Yum! Brands franchises – into the local […]

Myanmar’s fast-food industry attracts US attention as sanctions ease

US fast-food firms could flood into Myanmar after the easing of US-imposed sanctions to improve bilateral trade and allow more financial transactions to take place. The US Treasury, for instance, has removed from a blacklist seven state-owned enterprises and three state-owned banks – the Myanma Economic Bank, Myanmar Foreign Trade Bank, and Myanma Investment and […]

Myanmar’s economy opens doors to big brands

From fast food giants to coffee chains, tobacco companies and garment makers, Myanmar’s emerging economy is opening up to the world’s biggest brands It is just after 2pm at the newly built Pizza Hut on Yangon’s Dhammazedi Road. Clusters of staff throng around the entrance and waiters’ station as businessman Sein Min, who also goes […]

Pizza Hut opens in Yangon

US-based Pizza Hut has launched in Yangon and stated that it would create over 500 jobs in the next few years. It is a joint venture between Pizza Hut Myanmar, the City Mart Holding Co Ltd and Jardine Restaurant Group. Jardine is one of the top restaurant groups and has opened 680 Pizza Hut and […]

US chain Krispy Kreme aims to fill the local doughnut hole

Fried chicken, pizza and now doughnuts – Myanmar’s bellies will soon be fuller with American fare, as famed US doughnut chain Krispy Kreme has revealed plans to roll into the market. The firm announced a development agreement on August 25 with Singapore’s Doughnut Group Pte Limited to bring 10 Krispy Kreme stores to Myanmar in […]

Yum! Brands and Jardines bring Pizza Hut to Myanmar

Last year the US listed company announced plans to open a Kentucky Fried Chicken (KFC) in Myanmar. Now it has set its sights on introducing American restaurant chain Pizza Hut to Yangon’s Golden Valley. Yum! will partner with Jardine Restaurant Group, a subsidiary of Hong Kong headquartered conglomerate Jardine Matheson, and local retail company City […]

The Colonel comes to Myanmar

Yoma Strategic Holdings will soon offer Myanmar’s fast food lovers the chicken The Colonel made famous with his secret recipe of 11 different herbs and spices. The Singapore-listed company has announced plans to bring the US fast food chain, KFC, into the country, making it the first international fast food retailer in the long-isolated nation. […]

Myanmar smells fast food success as KFC heads for Yangon

YANGON — There is something in the air around Myanmar’s developing restaurant industry. It smells a lot like standard fried chicken, but this time it is seasoned with a liberal dash of high-end optimism. In a significant development for the country’s nascent fast food sector, Yum! Brands of the U.S. recently announced that its KFC […]

US fast food chains trailing in Myanmar

Singapore’s Chewy Junior already has several outlets in prime locations in Yangon. Korea’s Lotteria & BBQ Chicken are just opening their first few outlets in Yangon in April. Malaysia’s Mary Brown announced that they will open 20 restaurants in the next 5 years in Myanmar. What is missing are the US fast food giants like […]