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Singapore Myanmar Investco reports encouraging initial retail results at Yangon International Airport

Singapore Myanmar Investco Limited has reported revenue of US$13.3 million in its travel and fashion retail segment for the year ended 31 March 2017. Subsidiary SMI Retail only began duty free operations at Yangon International Airport in September 2016, meaning there is little meaningful basis for year-on-year comparison. The company was awarded contracts for duty […]

Singapore Windsor Inks Airport Retail Deal with DFS

Singapore Windsor Holdings Limited announced that it has secured an exclusive 10-year supply and merchandising deal with DFS, a Hong Kong-based luxury travel retailer. According to the agreement, in addition to a duty-free store at Naypyitaw International Airport, the group will open additional duty-free outlets at the existing departure and arrival terminal of Yangon International […]