Yoma Strategic Posts 54% Jump in Q1 Profit

SINGAPORE – Yoma Strategic Holdings said on Wednesday (July 26) that net profit for the first quarter jumped 54 per cent to S$2.8 milion from S$1.8 million in the year-ago period. Revenue for the three months to end-June grew 46.8 per cent year-on-year to S$25.8 million as the Myanmar-focused group saw better operational performance across […]

Realtors Predict Yangon Property Market Slowdown in 2015

YANGON — The city’s hitherto skyrocketing property prices are expected to taper off next year while the continuing impact of high land costs will sustain an upward trend in residential and commercial rental costs, real estate experts have said. Land values in Yangon have risen dramatically since the former military regime lowered the property tax […]