Colliers Property Report: Yangon Hotel Quarterly Review Q2 2018

  Influx of Asian Tourists Spurred Demand Paul Ryan Cuevas Analyst | Research & Advisory As of H1 2018, Yangon witnessed a significant 6% YOY rise in the citywide occupancy rate. Resulting from the improvements in the overall tourist arrival figures coupled with the absence of project completions in Q2 2018, occupancy almost breached the […]

AGD launches 3 types of visa credit card

AGD Bank successfully held its AGD Visa Credit Card Launch at Pullman Yangon Centrepoint on August and three types of AGD Visa Credit Card – Visa Classic Card, Visa Gold Card and Visa Platinum Card – have been introduced to the public. Being recognised as a leading bank using digital technologies in Myanmar, AGD Bank […]

Unable to break protectionist curse, FMI bites the dust

FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]

Myanmar strikes again at Bawdwin base metals play

ASX-listed Myanmar Metals has announced further spectacular silver and base metal drilling results for its world-class Bawdwin polymetallic deposit in central Myanmar. Results include 23 metres grading 17.3% lead, 9.5% zinc, 1.2% copper and 398g/t silver from 170m down-hole and 31m @ 7.5% lead, 1.9% zinc and 88g/t silver from 62m down-hole. The intercepts are […]

Collier Property Report – UPPER-SCALE HOTEL Q4 2017

New Supply to Bolster Pressure in the Market Yangon’s upper-scale hotel segment has trailed a bumpy road as of Q4 2017. Occupancy levels continue to weaken despite further reductions in the average daily rates. To gain leverage over the already stiff competition, Colliers advises hotels to continually differentiate and shape their offerings in line with […]

Myanma railways, Announcement of Preferred Bidder for Yangon Central Railways Station Area Comprehensive Development Project,

1. Myanma Railways, Ministry of Transport and Communications has requested submission of Expression of Interest – EOI from (6.8.2015) to (6.1.2016) and subsequently Request for Proposal – RFP from (6.3.2016) to (18.9.2016), from reputable local, international and joint venture developers to undertake Planning/Design, Build, Finance, Operate including improvement and Transfer (DBFOT) for Yangon Central Railways […]

Yangon Regional Government , Expression of interest for Global Competition for submission of Master Plan and Detail Design of the Integrated Logistics Park and IWT Jetty , Submission Date: 1 Jan 2018

Global Competition for submission of Master Plan and Detail Design of the Integrated Logistics Park and IWT Jetty Interested Parties are invited for the submission of proposals which are to be selected in a design Global Competition format for the Overall Master Plan and Detailed Design of the Integrated Logistics Park and IWT Jetty which […]

Yangon Regional Government, Invitation for submission of Master Plan and Architectural Design for Lower Pazaudaung Road Area, Submission Date: 5 February 2018

Interested Parties are invited for the submission of proposals which are to be selected in a design competition format for the Overall Master Plan and Architectural Design for the development of the Mixed Used Development Project which will include Rental Housing, Residential and Commercial buildings under the management of the Yangon Regional Government located in […]

Yangon Regional Government, Invitation for Tender for Overall Master Plan and Architectural Design for housing in Kyauktada Township, Submission Date: 19 Jan 2018

Interested Parties for the submission of proposals which are to be selected in a competition format are invited to participate for the renovation/ rehabilitation and ensuring the strength and reusability of the former office building of the Ministry of Hotel and Tourism (Tourist Burma) while maintaining the building’s heritage and history. Overall Master Plan and […]

Invitation for submission of “Project Master Plan and Architectural Design” Design Competition. Design Submission Date 3 January 2018

Interested Parties are invited for the submission of design proposals which are to be selected in a design competition for the Overall Master Plan and Architectural Design for the development of the Housing development under the management of the Yangon Regional Government located in Dagon Seikkan Township, Ward No. (73,74,75,76), Corner of Shwe Li Road […]