Singapore carriers exploring possibility of multi-city flights within Myanmar

YANGON – Singapore is looking to introduce multi-city flights within Myanmar by its carriers Singapore Air or Silkair, as part of a series of ways the two countries can cooperate more closely. PM Lee Hsien Loong gave these updates on Wednesday (June 8) at a reception with Singaporeans in Yangon at Sedona Hotel, built by […]

Keppel Land builds up Myanmar presence with expansions

Keppel Land is strengthening its hotel and commercial portfolio in Yangon, Myanmar’s rapidly developing leading city. The Singapore-listed property firm yesterday held a topping-off ceremony for its joint venture project, Junction City Tower, which is being developed jointly with Myanmar-based construction company Shwe Taung Group. Keppel Land holds 40 per cent of the project with […]

YCDC planner targets 30 percent parkland

It isn’t easy keeping Yangon green, what with the heat, developers’ voracious appetite for empty land, and the council’s lack of resources. But municipal officials say they are hopeful they can more than double the amount of green space in Yangon under a new zoning plan, taking the figure up to 30 percent. U Toe Aung, a […]

New location for cancelled Shwedagon project

  The Myanmar Investment Commission has given Marga Landmark approval to build its mixed-use project on a new site, after the president called off the Hong Kong-based developer’s project last year, deeming the initial location too close to Shwedagon Pagoda. The project will now be built on 17.7 acres at the corner of Kabar Aye […]

Shifting to Chinese cars

Hoping to wean drivers off second-hand Japanese cars, LS Auto signed a deal on January 18 to import vehicles from China’s Guangzhou Automobile Group, GAC Motor, starting in March. The deal could open the door for GAC to produce vehicles in Myanmar. “[GAC] is based in China, but 70 percent of the parts are produced […]

Singapore tops hotel investment list

The Ministry of Hotels and Tourism recently announced that Singapore ranks first among foreign countries investing in Myanmar hotel and business complexes, with Vietnam a distant second. The Myanmar Investment Commission has allowed 48 hotels – with a total of 7058 rooms – to open in Myanmar. Foreign investment in these hotels had reached K655 […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of January and February, 2016

  Name, Venue & Organizer Date Offshore Convention Myanmar 2016. Sule Shangri-la Hotel. Neoventure Corp 12 – 13 Jan 2016 Myanmar Electric Power Convention 2016. Sule Shangri-la Hotel. Neoventure Corp. 13 – 15 Jan 2016 International Franchise & SME Expo. Tatmadaw Exhibition Hall. 981 Creative. 22 – 24 Jan 2016 Myanmar Mining Development Summit 2016. […]

BASF opens representative office in Yangon

BASF, the world’s leading chemical company, has opened a representative office in Yangon, according to a media release from the company on 21 September. Located at the Sedona Hotel building along Kabar Aye Pagoda Road, BASF’s first office in Myanmar has been established to support its growing base of local customers and cater to an […]

Third Japanese megabank opens local branch office

Mizuho Bank opened its Yangon branch office yesterday, becoming the third Japanese megabank with a local branch presence. The firms also signed an agreement with AYA Bank, one of Myanmar’s largest private banks, to cooperate in banking services such as cash management. The new branch is located at Sedona Hotel, with US$100 million in initial […]

HAGL begins presales of residential towers

HAGL Myanmar has begun presales for its 32-storey residential buildings, as it nears finishing its first phase of office space and a hotel. The HAGL Myanmar Centre on Kabar Aye Pagoda Road near Inya Lake and the Sedona Hotel is owned by Vietnam’s Hoang Anh Gia Lai. Earlier this year, the entire project was valued […]