Mega Ace Cineplex’s new luxury Royal Class

Things are looking up for movie fans in Myanmar, not only with exciting new local productions – aided by the recent Memory Film Festival, and the arrival of international film superstars to our shores – but also for emerging cinema chains. Cinema chains have started offer movie-goers a sense of luxury they’ve never experienced before. […]

New luxury cinema in Yangon

If you’ve been to the cinema you may have enjoyed a good movie – if you weren’t too distracted by the crying baby, the lady in front answering her phone, or teenagers joking and imitating the actors throughout the film. These are common distractions the world over (except maybe for the sunflower seed-eating) when you […]

Myanmar’s first premium cinema opens in Yangon

The first Premium Cinema in Myanmar was opened by JCGV at Level-1 of Junction Square Shopping Centre in Yangon yesterday. The Premium Cinema promises high-definition video and audio experiences that meet international standard. The cinema will play domestic and foreign films, four times a day, from 10am to 6:30pm and will play one extra time […]

Government Lost Millions of Dollars as Large Firms Paid Rock Bottom Rents for Public Land – Report

Yangon’s govern­ment has lost bil­lions of kyat in po­tential revenue by leasing public space to local firms at rock-bottom rates, a report from the Auditor General’s Office has re­vealed. The report is based on an analysis of the Yangon City Development Com­mittee’s (YDCD) finances, which are not normally made public. Looking at the 2015- 2016 […]

MMPD to Sell 70,000 Shares

The Myanmar Motion Pictures Development Public Co Ltd (MMPD) is planning to sell 70,000 shares to private investors and individuals working in the industry, managing director of the firm U Mg Mg Oo said. The shares will be offered at K10,000 each. “More than 70,000 shares, worth over K700 million, will be sold. This is […]