First Myanmar Investment (FMI) has announced its luxury hotel venture The Peninsula Yangon as part of its real estate development Yoma Central, a move that coincided with a rise in its share price. On February 16, FMI held a groundbreaking ceremony for the Yoma Central project, formerly known as the Landmark Development, in Yangon. […]
Myanmar’s Lagging Public Infrastructure
May 26, 2014 by
Myanmar’s railway system is perhaps the last historical relic that anyone is lining up to save. While the moldy facades of colonial buildings are receiving makeovers with bright new coats of paint, any change that comes to this dilapidated rail system will likely be as slow as the train cars that jostle people and freight […]
Yoma’s Landmark inks Japanese financing deal
October 3, 2013 by
Singapore-listed Yoma Strategic has signed a memorandum of understanding with Japan’s Mitsubishi Corporation and Mitsubishi Estate to invest in its Landmark property development in downtown Yangon. The project will see two million square feet of mixed-use residential, commercial, retail and hospitality developments built on a 10-acre property next to Bogyoke market in Yangon’s downtown area. […]
