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Policy changes could trigger a new era for Myanmar real estate

Myanmar’s Yangon Regional Government readies a raft of real estate policy changes, including the setting of a benchmark price for properties, set to take effect in the 2018-19 fiscal year. Leading market observers and other industry stakeholders have expressed mixed reactions to the new measure. “With the exception of the affordable housing segment, real estate […]

More mid-tier hotels needed in Myanmar despite excess inventory

Despite there being a reported oversupply of hotel rooms in Myanmar’s major tourist hubs, hospitality players say there is still room for growth in the mid-tier space, both in the country’s primary and emerging destinations. Recent years have seen the country’s range of hotels grow from a handful of luxury properties to more diverse offerings […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of January & February 2018

  Name, Venue & Organizer Date Myanmar Oil Gas & Power Summit, Parkroyal hotel, Yangon, Oliver Kinross Ltd 25-26 Jan 2018 International Congress on Geology, Resources and Geo-Hazards of Myanmar and Surrounding Regions, Sedona Hotel Yangon, Yangon, MYANMAR GEOSCIENCES SOCIETY 31 Jan – 02 Feb 2018 Mobile Money & Agent Banking Summit, PARKROYAL Yangon, Yangon, […]

Singapore’s Pan Pacific opens new hotel in Yangon, remains confident of long term ROI

Wee Wei Ling, executive director of Pan Pacific Hotel Group, isn’t at all worried about the glut in hotel rooms in Yangon. “There is definitely an oversupply. In fact, tourism has been declining recently. But we are long-term investors in Myanmar. We see the potential of this country and we would like to grow with […]

Crystal Jade to open outlet at Yangon International Airport

THE first Crystal Jade outlet at the new Yangon International Airport Terminal 2 is expected to open in the third quarter of 2016. Mainboard-listed Singapore Myanmar Investco Limited (SMI), a progressive business group primarily focused on Myanmar, announced today that it has entered into a franchise agreement with Crystal Jade Management (Vietnam) Pte Ltd. Crystal […]

Keppel Land strengthens portfolio in Yangon with the topping up of Sedona’s new wing

Expanding its hospitality business to meet rising demand from businesses and tourism, Keppel Land will add another 420 rooms to its Myanmar portfolio as the new wing of its Sedona Hotel Yangon progresses on track towards completion Keppel Land Limited (Keppel Land) is building on first mover advantage in Myanmar as it expands its hospitality […]