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 […]
ATM makers eye Myanmar market
Global automated teller machine (ATM) makers are locked in a race for market share in Myanmar, where more than 90 percent of the population remains unbanked. US-listed NCR Corporation is one, while Diebold Nixdorf, a recent merger between US-based Diebold and Germany’s Windcor Nixdorf, is another. With less than 2,000 ATMs installed in the country, […]
Affordable Housing Still Unattainable for Many
RANGOON — In an effort to build low cost and affordable housing across Burma, the Myanmar Construction Entrepreneurs Association (MCEA) and Singapore-based consultancy Surbana Jurong signed a memorandum of understanding (MOU) at Sule Shangri-La Hotel on Friday morning. Government-owned Surbana Jurong has played a role in urban development and public housing in Singapore. The […]
Microsoft Launches Office 365 in Myanmar – MPT and Grand Royal Among Commercial Customers
US computing giant Microsoft has officially introduced its latest cloud-based Microsoft Office 365 product to Myanmar. Mr Sy Wann, Microsoft Myanmar’s Country Director, said at a launcg ceremony at the Sule Shangri-La hotel last month that Myanmar’s technology-based industries are fostering multi-sectoral development andstart using cloud-based technology. Microsoft 365 is part of Microsoft’s software […]
Myanmar Trade Show, Exhibition & Conference Calendar for the month of Jan & Feb 2017
Name, Venue & Organizer Date Myanmar Oil and Gas Summit, Sedona Hotel,Yangon, Oliver Kinross Ltd. 26-27 Jan 2017 Myanmar International Franchise & SME Expo, Tatmadaw Exhibition Hall, Yangon, Myanmar, 981 Creative Myanmar Co., Ltd. 19-21 Jan 2017 Myanmar International Education and Career Fair, Tatmadaw Hall, Yangon, Myanmar, Dagon Exhibitions. 20-22 Jan 2017 AAPG, EAGE, MGS […]
Sule Square Project Stalled in Negotiations
RANGOON — The Sule Square project in Burma’s commercial capital of Rangoon is still under negotiation with the city’s municipal body to secure final approval of its construction, the Yangon City Development Committee (YCDC) told The Irrawaddy on Monday, because the developer has yet to fully agree to the committee’s modification demands for the project […]