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Japanese investors eye retail sector investments in Myanmar

Wholesalers and retailers from Japan, Thailand and South Korea met with the Ministry of Commerce (MOC) to discuss investments in the Myanmar retail sector, said U Yan Naing Tun, director general of the Department of Trade under MOC. Among the companies was Japanese retailer Aeon Co, which invested in the Myanmar retail sector under a […]

Aeon’s Myanmar bid highlights supermarket uncertainty

Japanese retail giant Aeon’s ambitions in Myanmar’s lucrative retail sector have highlighted uncertainty about what foreign firms are allowed to do as far as trading is concerned, with local industry heads calling for more clarity and a level playing field for domestic and international players. Aeon has provided most of the US$8.1 million in capital […]

Aeon Orange Co takes 14 Hypermarts in Myanmar

AEON ORANGE CO, a joint venture between Aeon Co and Creation Myanmar Group of Companies, has acquired assets including 14 supermarkets operated by Hypermart Asia Co, an affiliate of CMGC, and started operating in Myanmar on Monday. Aeon Orange Co was established in April. It is preparing to open its first supermarket in Myanmar this […]