Tag: yangon

Retail Asia20/03/2019
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3min0
The launch of Metro Myanmar business marks the German wholesaler’s 36th international market. The company has announced a warehouse in Yangon, aiming to serve local professional customers in the fast-growing hospitality and tourism sectors. “The food wholesale industry in Myanmar offers big potentials for Metro,” said the firm’s COO and management board member Philippe Palazzi, […]

Retail Asia15/05/2018
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3min0
Foreign companies are now allowed to invest in Myanmar’s retailers and wholesalers, including holding 100% stakes, as the country makes efforts to lift foreign investment amid the Rohingya refugee crisis. The Ministry of Commerce announced the change on Friday, explaining that it wants to increase competition in the sectors and promote price stability and technology […]

Retail Asia13/02/2018
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1min0
PastaMania Myanmar will open a branch in Yangon’s Capital Hypermarket Extension Mall on February 27. From Singapore, the Italian casual-dining restaurant chain has more than 50 outlets in 14 countries. “This PastaMania outlet design is based on Italy’s piazza concept to create the ambience of an Italian city square, says executive director Wilson Lim of […]

Retail Asia03/08/2017
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2min0
Myanmar’s MPT has announced the launch of FTTH services in parts of the nation’s largest city Yangon. The new service offers speeds of 5Mbps for 69,000 kyat ($50.64) per month, or 10Mbps for 109,000 kyat per month. The operator is offering the service on a 12 month contract and charging an installation fee of 150,000 […]

Retail Asia12/07/2017
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5min0
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 free, other […]

Retail Asia16/05/2017
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2min0
Vietjet continues its international route extension program with the announcement of the launch of the Hanoi to Yangon (Myanmar) route, with tickets priced from only HKD70 (USD9). The new service, commencing August 31, 2017, is expected to meet the increasing travel demands of individuals, tourists and businessmen between Vietnam’s capital city and the Burmese tourism […]

Retail Asia30/03/2017
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1min0
Myanmar has its first Japanese-style food court, thanks to a joint venture between City Mart Holdings and Japanese trading company Sojitz Corp. Tokyo Dining City, home to six restaurants, opened on Wednesday inside a new commercial building in Yangon’s CBD. The Yangon food court can seat 200 diners and primarily targets office workers. “Japanese food […]

Retail Asia28/03/2017
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2min
Diesel has opened a new monobrand store in Yangon airport as the brand makes its debut in the Myanmar market and reinforces its presence in global travel-retail. With the new 100sq m store, Diesel opens the doors to its renewed retail design concept. The store is the first monobrand boutique for Diesel across Asian travel-retail developed in collaboration […]

Retail Asia30/01/2017
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3min
Wyndham has expanded its Tryp brand to Myanmar, formerly known as Burma, with the opening of a new-construction hotel in Yangon, Myanmar. The 60-room Tryp Yangon is Wyndham’s inaugural hotel to open in the country. Tryp Yangon is located in the heart of Yangon’s Mayangone Township less than five minutes from Myanmar Plaza, which offers […]

Retail Asia28/01/2017
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3min
TRYP by Wyndham has arrived on the shores of south-east Asia with the opening of a new-construction hotel in Yangon, Myanmar. The 60-room TRYP Yangon is Wyndham’s inaugural hotel to open in Myanmar. TRYP by Wyndham celebrates the spirit of the urban traveller by offering an insider’s look at a city. Hotels can be found […]

Retail Asia04/03/2016
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25min
Competing visions for the future of Pomelo have seen several founders forced out of the company in recent months amid allegations of physical intimidation, threatening emails and defamatory public statements. The Myanmar Times‘ RJ Vogt investigates what went wrong at Yangon’s best-loved social enterprise. One of Yangon’s most popular social enterprises, Pomelo, is being torn apart […]

Retail Asia25/12/2015
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3min
Singapore Myanmar Investco (SMI) subsidiary SMI Retail is to operate duty-free, retail and food and beverage facilities at Yangon International airport (YIA) terminal two from April 1 2016. The retail operator has been awarded a five-year licence, with the option to extend for a further  five years. Comprising 6,725sq m of retail space, SMI will host 43 […]

Retail Asia11/12/2015
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3min
Hong Kong’s Jardine Group says its Myanmar joint venture will open up to 20 Pizza Hut restaurants across the new market within five years. With the first outlet just opened in Yangon, the Jardine CM Restaurant Group plans a second in early 2016 with a gradual expansion thereafter as it tests the market. If sales […]

Retail Asia14/09/2015
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2min
Myanmar National Airlines will now distribute its fares via Sabre Myanmar National Airlines‘ expansion strategy has taken another step forward, with the signing of a new distribution deal with Sabre. The Yangon-based airline started distributing its fares to travel agents last month via the Amadeus GDS, and it will now be able to access even […]


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