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Four retail-wholesale JVs permitted to operate

Six months after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May, the Ministry of Commerce (MOC) has so far permitted four joint ventures between foreign and local investors Under notification 25/2018 issued on May 9, the MOC allowed 100 percent foreign-owned businesses to operate in the retail […]

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 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 […]