NYDC – Making Steady Progress; SEMP, Urban Master Planning (CEO’s Weekly Blog – 11 September 2018)

Dear Friends, We have been quiet, but that doesn’t mean we have not been busy. August has been a hectic month as we plough through documents and conduct various negotiations and discussions. Here I’m happy to update you on a few key things. SEMP: Dual Objectives The SEMP is an important document that will serve […]

Colliers Property Report: Yangon Serviced Apartment Q2 2018

  Weak supply pipeline in the near term Paul Ryan Cuevas Analyst | Research & Advisory For the past three quarters, no new projects were introduced. However, a slight uptick in stock was recorded. This was mainly driven by renovations and expansion done by the existing serviced residences. As a result, both the average occupancy […]

Australian, German & NZ Business Chamber Joint Networking Event at Gallery Bar, Sule Shangri-la on 17 Oct 2018 6.30pm

  Member : MMK 5,000 Non-Member: MMK 10,000 Click here to register  

Can Myanmar’s garment sector reach its full potential?

After a United Nations (UN) report this week branded Myanmar’s refugee problem one of the world’s worst humanitarian and human rights crises, David Birnbaum looks at the knock-on impact for the country’s garment export sector. He argues that while Myanmar is one of the few alternatives to China for high value-added, complex and difficult-to-make products, its poor […]

Collier Yangon Retail Property Report Q2 2018

Colliers Quarterly Review YANGON | RETAIL Q2 2018 6 August August 2018   New Legislation to Further Boost Retail Demand Additional Supply During the Time Period  Supply at the Start of the Year. Colliers expects the retail market to continually propel in the succeeding years. Especially with the recent legislative developments, we see this as […]

Rakhine and wage issues weigh on Myanmar Garment Industry

  Rakhine and wage issues weigh on Myanmar Myanmar’s garment exports may be thriving, but the on-going issue in the Rakhine State and rising wages are the latest shadows on the horizon. The garment sector is a jewel in newly-democratic Myanmar’s export crown; now the second largest revenue earner after natural gas. Yet all too often […]

French Chamber conducted first Myanmar Salary Survey

The survey, prepared by MyWorld Myanmar, a Member of the CCI France Myanmar’s Human Resources Committee, gathered the answers from 243 companies from all sectors operating in Myanmar. Daw Ma Ma Naing, HR Manager of Sule Shangri-La Hotel, and Co-Chair of the CCI France Myanmar’s HR Committee, says that “this survey is very valuable to […]

Myanmar makers confident despite sector slowdown

The Myanmar apparel export industry continues to grow, but at a slower pace than last year as a result of added political risk from the persecution and abuse against Rohingya Muslims on the border with Bangladesh, which has received widespread international condemnation. Despite this, the sector is confident garment exports will likely exceed US$3bn in 2018, and footwear will […]

Flexible Pass set to revolutionise Myanmar’s fitness business

WITH health and fitness centres popping up in big cities across Myanmar, a technology startup is bent on bringing all gyms under its innovative platform that offers users on the go access to all facilities in the network, said Sully Bholat a.k.a. Htet Aung Latt, the founder and chief executive of Flexible Pass. “Now we […]

Colliers Quarterly Review Yangon Office Q2 2018

  New Supply Exerts Downward Pressure on Lease Rates   Citywide take-up in Q2 2018 remained strong amid further corrections on citywide lease rates. Colliers sees a continuous flight to quality, especially from tenants of informal and older office spaces moving to newer developments. Investment sentiment is positive especially from Asian markets namely China, South […]