fbpx

Myanmar’s First Signature Watch Sports a Vintage Flair

A young man’s watch-collecting hobby developed into a skill after he learned to assemble and repair them himself. Kyaw Thura Naung eventually developed his own brand, Mandalay Watch, and it has become highly sought after. “Back in 2014, when I was studying in a foundation year program in Manchester [in the U.K.], I started to […]

Retail and F&B spurs improved Q2 results for Singapore Myanmar Investco

Investment and management company Singapore Myanmar Investco (SMI) has reported a small pre-tax profit of US$72,000 for the second quarter to 30 September, reversing losses on the back of a strong performance from its duty free and other retail activities. For the same period last year, the group – which seeks to capitalise on consumer […]

Garment manufacturing: How to navigate Myanmar’s ethical maze

As it undergoes profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after hubs for fashion sourcing. The country’s opening-up to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics […]

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 […]

Myanmar adds new factory per week as textile sector booms

The international textile sector has discovered Myanmar. Low wages, plentiful labour and an image problem in neighbouring Bangladesh after the 2013 Rana Plaza building collapse have all boosted the emerging country’s chances. Yangon- Green collars piled to one side, white polo shirts to the other – the young woman handles them with practised ease, creating […]

In Myanmar, old gets new again

“Put thanakhar on both cheeks and wear your hair in a bun,” Myanmarese singer Thar Thar advised in a recent hit tune. “You look beautiful in your traditional Myanmar blouse.” It’s not just the song that was a hit – the traditional blouse he mentions is enjoying resurgence in popularity among young ladies, along with […]