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Singapore Myanmar Investco reports encouraging initial retail results at Yangon International Airport

Singapore Myanmar Investco Limited has reported revenue of US$13.3 million in its travel and fashion retail segment for the year ended 31 March 2017. Subsidiary SMI Retail only began duty free operations at Yangon International Airport in September 2016, meaning there is little meaningful basis for year-on-year comparison. The company was awarded contracts for duty […]

Singapore Myanmar Investco invest in retail outlet at Yangon International Airport

A subsidiary of Singapore Myanmar Investco (SMI) has entered into deals to provide services to retail outlets at a new terminal at Yangon International Airport. SMI Retail will provide merchandising, management and consultancy services to distribution partner Royal Golden Sky Company (RGS) for 6,725 sq m of duty-free retail space, SMI said in a statement. […]