Chinese hotpot chain to arrive in Myanmar by year’s end

YOMA Strategic will launch Myanmar’s first franchise restaurant, Little Sheep, later this year. Little Sheep originated from China’s Inner Mongolia Province in 1999 and now has 300 outlets across 120 regions. A subsidiary of Yum China Holdings, the Baotou-headquartered restaurant chain is renowned for its hotpot broth made from a wide variety of herbs and […]

Yoma Strategic, Pernod Ricard announce JV, target leadership in Myanmar’s whisky industry

Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and Pernod Ricard have announced that they intend to form a joint venture company which will focus on the production and distribution of whisky in Myanmar. Pernod Ricard will install an internationally experienced management team and become the largest shareholder in the new company. The remaining equity will be […]