Retail space in new Yangon theme park in hot demand

A shopping centre due to open later this month in Yangon’s new Fun Valley Theme Park has been booked out by businesspeople hoping to capitalise on the amusement park’s popularity. The Kantharyar Shopping Centre will open on November 27 to include retail space, a supermarket, three cinemas, beauty salons and family KTV, said sales and […]

Myanmar’s ABC wants partners for basics

ABC Group, operator of ABC convenience stores in Myanmar, is looking for foreign partners to help it expand. A deal with foreign partners would help the company branch into other retail formats such as hypermarkets and supermarkets, said Wai Thit Lwin, managing director of the ABC chain. Myanmar’s retail sector is rife with opportunities for […]

Ayala Land, Burmese supermarket operator tie up for maiden property project in Myanmar

MANILA – The real estate arm of the Ayala Group has teamed up with Myanmar’s leading supermarket chain City Mart for a mixed-use project in Yangon. “I think what City Mart wants to do is they have properties that they want to convert. If I’m not mistaken, they plan retail establishments in Yangon,” Paolo Borromeo, […]

Supermarket entrepreneur City Mart eyes expansion

At June’s World Economic Forum on East Asia in Nay Pyi Taw, business news channel CNBC dubbed Daw Win Win Tint, managing director of City Mart Holdings, “Myanmar’s Supermarket Queen”. But by her own account, Daw Win Win Tint’s rise to retail royalty was more accident than preordained accession. Enthused by Myanmar’s nascent economic liberalisation […]

Video: Myanmar Investment Opportunities – What you need to know

Learn about the investment opportunities that are revealed by the new legal framework in Myanmar This is the 1st in a 2-part video series on Investing in Myanmar. This video outlines the business opportunities for foreign investors in the Reserved Sector and the Restricted Industry. Discuss about the size of investment required to be successful […]