Aeon brings Japanese sensibilities to Myanmar food shopping

YANGON — Japanese supermarket giant Aeon has become the first foreign retailer to enter Myanmar since the 2011 transition to civilian rule, a development that could herald change in a retail industry still dominated by traditional markets. Aeon signage, a familiar sight to Japanese consumers, made its Myanmar debut Friday in a largely middle-class area along a major […]

Capital Hypermarket to accept Visa cards

Visa has signed with Capital Hypermarket to roll out card payments through domestic CB Bank in the local supermarket’s outlets, according to a February 8 announcement. Local and foreign customers will be able to pay using Visa pre-paid, debit and credit cards at seven Capital branches and 93 Grab & Go convenience stores around the […]

Myanmar card payments on the rise as MPU widens network

Card payments in Myanmar are set to rise over the next few months as local shops and supermarkets sign up to Myanmar Payment Union, signalling the beginning of a shift in one of the world’s last cash-based economies. MPU got off to a slow start when it launched in 2012, but with the rise of […]

Daw Win Win Tint – One Myanmar among 50 powerful Asian businesswomen

Win Win Tint is the only Myanmar businesswoman who has made her way on to Forbes Asia’s “Power Businesswomen 2015” list, which consists of 50 women representing a wide range of industries in the region. Win Win Tint, 39, is the managing director of City Mart Holding, a business unit of Pahtama Group, the leading […]

Foreign players still waiting to cash in on corner shop surge

YANGON — Convenience stores have been sprouting up in Myanmar since the junta made way for a civilian government in 2011, replacing roadside mom-and-pop shops. Under military rule, only domestic companies were allowed to operate convenience stores due to a government ban on foreign investment in the distribution sector, apart from some large-scale commercial facilities. […]