The Peninsula Hotel to Arrive in Yangon

​​ First Myanmar Investment (FMI) has announced its luxury hotel venture The Peninsula Yangon as part of its real estate development Yoma Central, a move that coincided with a rise in its share price. On February 16, FMI held a groundbreaking ceremony for the Yoma Central project, formerly known as the Landmark Development, in Yangon. […]

Yoma gets Landmark lease extension from Myanmar authority

Yoma Strategic Holdings has received approval from the Myanmar Investment Commission (MIC) for the extension of the Landmark lease, for the redevelopment of the former headquarters of the Burma Railways Company into a five-star hotel. “The company is delighted that this decision has been reached by the MIC after a protracted period of negotiations with […]