By Juliet Shwe Gaung
Myanmar is witnessing replication of successful business models elsewhere.
Yoma Central, previously known as the Landmark, is set to kickstart its $718-million real estate project in Yangon.
It claims to have over 60,000 listings, connecting buyers or renters to sellers.
Thailand’s fintech startup T2P signs a for a partnership with Myanmar’s City Mart Holdings. Tourism start-ups in Mekong Region opened for two accelerator programs under MIST.
Singapore-listed Singapore Myanmar Investco Limited has signed an agreement to be an exclusive distributor of Shiseido products in Myanmar. Local Shwe Taung group plans to complete its five-star Pan Pacific Hotel by the end of 2017, developed as part of the Junction City project. Singapore’s SMI to distribute Shiseido products… Read more »
Sakura Executive Condo to be built in South Okkalapa township seeks investors. Wyndham, has launched its first property in Yangon, the Tryp Yangon.
Nissan Motor starts sales for its new Sunny mainstay sedan in Myanmar and plan to assemble about 10,000 units per year. In Kayin State, Myanmar’s first cable car will be built using $12m.
Region-focussed PE funds, investment firms, VCs have been chasing deals here
It will focus mainly on grabbing market shares in the rural areas.
MAPCO has put in $12 million for the establishment of agricultural industrial parks; Two economic zones are currently under preparation in Rakhine.