fbpx

City Mart and Sandanila Investments launch City Invest Fund

City Mart Holding Co Ltd (CMHL) in conjunction with Sandanila Investments will be launching the City Invest Fund, which will be an investor and partner to small and medium-sized enterprise (SME) food manufacturers. The primary motivation for the fund is to help increase the quality, quantity, and proportion of products made in Myanmar in modern […]

Four retail-wholesale JVs permitted to operate

Six months after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May, the Ministry of Commerce (MOC) has so far permitted four joint ventures between foreign and local investors Under notification 25/2018 issued on May 9, the MOC allowed 100 percent foreign-owned businesses to operate in the retail […]

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 […]