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Locals call for more regulation in retail sector

As foreign retailers enter the domestic market, the government should work to ensure a level playing field, said local retailers. During the Private Sector Development Committee meeting with President U Myint Swe on April 27, Daw Su Hlaing , Secretry of Myanmar Retailers Association, voiced concern for the survival of local retailers in the face […]

Osotspa continues foreign expansion, breaking ground for Bt2.4-bn beverage production plant in Myanmar

Osotspa, a leading Thailand-based consumer products manufacturer and distributor, and Loi Hein, Myanmar’s largest drinking water and beverage business, recently held a ground-breaking ceremony for the construction of a new beverage production facility in the Thilawa Special Economic Zone in Yangon. The project forms part of the listed company’s expansion strategy in Southeast Asia and […]

Print is not dead

Paul Lim, general manager of MCM Printing, talks about how his industry is being disrupted and how the company is fighting back. Printing has been among the industries most disrupted by digital technologies in recent years. Not only are consumers bypassing physical printed products such as newspapers and magazines in favour of electronic content, businesses […]

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, […]

Rise in consumer spending drives City Mart’s digital transformation

THANKS TO THE significant rise in Myanmar’s consumer spending last year, City Mart Holdings Limited (CMHL), the nation’s top retailer, has embarked on virtualising its digital infrastructure in cooperation with VMware Inc, a global enterprise software provider. Arnel Redondo Reyes, head of information technology at CMHL, said at a press conference on Thursday that the […]

Transport and energy access barriers to Myeik industrialisation

The city in Tanintharyi Region amounts to far more than the gateway to over 800 islands of the archipelago. Access to energy and transport infrastructure remain the biggest barrier for industrialisation to take off in the city and its hinterland. The latest Colliers International report stated that Myeik has made great strides over the past […]

IFC helps expand Myanmar’s retail business

Yangon – IFC, a member of the World Bank Group, on Monday signed an agreement to lend US$25 million to Myanmar’s largest retail group, City Mart Holding Company Limited (CMHL), to support its expansion plans, boost the country’s retail sector, and create much-needed jobs along the supply chain. IFC’s funding will help CMHL construct about […]