New retail directive well-received, but raises unanswered questions

Myanmar has taken pains to liberalise its economy and draw foreign investors to become more competitive. Over the past two years, it has rolled out major new legislation including the Condominium Law, Investment Law and Companies Law. This year, it released two new directives opening up the education and retail sectors to full foreign ownership, […]

Myanmar consumers shift habits: study

Myanmar consumers in major cities evolved from a generation of necessity to a generation of need for social appearance and lifestyles, according to a Thai-based behavioural consulting research firm, which attributed the shift to the increase of disposable income of workers amid economic growth during the past few years. Envirosell Thailand, which conducted a study […]

Japanese retail giant Aeon to branch out to Myanmar

YANGON, Feb. 24 (Xinhua) — Aeon, Japan’s biggest supermarket chain, will branch out to Myanmar as the first major Japanese retailer in the country, sources said Monday. The project calls for setting up a representative’s office in Yangon in March to lay the groundwork for launching a shopping mall in the country’s former capital and […]