DICA releases additional guidelines for education investments

The Directorate of Investment and Company Administration (DICA) has released a list of additional guidelines and specifications to structure developments in the Myanmar education sector. The list, which was announced by DICA on August 10, includes a total of 17 points and comes four months after the Myanmar Investment Commission (MIC) on April 20 issued […]

Fixing the tourism industry

The govt wants to lure tourists back to Myanmar. Will its efforts work? The Myanmar tourism industry has suffered from a big drop in tourists due to the unfolding refugee crisis in northern Rakhine. With the number of visitors from the US and Europe declining sharply over the past year, some tour companies and hoteliers […]

Lack of retail offerings in Myanmar yields growth opportunities for investors

Demand for retail space has been on the rise in Yangon, where the population has swelled and living standards are improving. Earlier this year, the government also permitted foreign ownership of local wholesalers and retailers and last month allowed businesses in the sector to trade in a total of 24 products. Ko Nay Min Thu, […]

Opening of third Wall Street English centre

Myanmar Strategic Holdings (LSE: SHWE) (“MSH”), an independent developer and operator of consumer businesses in Myanmar, one of the fastest growing economies in the world, is delighted to announce the planned opening of its third Wall Street English language centre in Myanmar. The new centre, expected to open by August 2018, will span 350 square […]

My Aura sidesteps start-up obstacles, builds beauty business

Dr Hnin Leh Khin, founder of My Aura Aesthetic Clinic, first noticed the growing number of local women with rosier lips, thicker lashes and bolder eyebrows in 2012, when make-up went mainstream in Myanmar. “That’s when I knew that beauty would be big business in this country and decided that I wanted to build my […]

Bootstrap Tales: How to Launch a Foreign Law Practice in Myanmar

Even as economic conditions improve in Myanmar, the Southeast Asian country remains a difficult place to open an office, given the poor infrastructure and paucity of qualified talent. Raj Gunashekar speaks to international law firms about the challenges they faced in launching a Myanmar branch. Regular visitors to Myanmar are frequently impressed by the rapid […]

HAGL Myanmar introduces Myanmar Centre Business Suites ( Serviced Offices)

HAGL Myanmar has entered the leading serviced office market with the launch of its Myanmar Centre Business Suites in Yangon on 14th July, Friday 2017 at Myanmar Centre Office Tower. Strategically located on Kabar Aye Pagoda Road, in the heart of Yangon City, Myanmar Centre Business Suites is easily accessible and maintains an optimum distance […]

Myanmar E-Commerce Leader Pushes for Expansion

THOUGH a large percentage of Myanmar’s 53-million population still prefer going out to shop, more than half a million people visit Shop.com.mm, the nation’s leading e-commerce platform, for online shopping on a monthly basis, said its chief. Sumit Jasoria, managing director of Shop.com.mm, said in an exclusive interview that the firm was seeing some good […]

Construction Projects by Rangoon’s Inya Lake Suspended

RANGOON — Multiple construction projects on the site of a public garden occupying a peninsula in Rangoon’s Inya Lake were suspended on Monday by city officials, and will undergo an investigation. The projects have faced criticism from the public, the media and urban planners, for misusing public space intended for general recreation, and have faced scrutiny […]

YCDC eyes business district development in Yankin

A Yangon City Development Committee proposal to establish a business district in Yankin township has been met with mixed responses from local developers, with one firm suggesting the area is already too densely populated and would be better suited to residential development. As part of a Yangon city master plan drafted in partnership with the Japan International […]