A labor dispute between the contractor and construction workers of the US$600 million Yoma Central mixed development project in downtown Yangon has been resolved, with all workers paid in full and issues regarding social security clarified with the authorities, Serge Pun, chair of Yoma Group, told the Myanmar Times. Around 2000 construction workers took to […]
Myanma Railways seeks consultants to supervise Yoma Central
November 4, 2019 by
STATE-OWNED Myanma Railways plans to hire consultants to monitor the US$700 million Yoma Central project and ensure it is finished on time and according to the terms of the contract. Yoma Strategic Holdings, a Singapore-listed company controlled by Mr Serge Pun, leads the consortium behind the project, which it describes as “one of the most […]
Myanmar region woos French FDI
May 2, 2018 by
Myanmar’s underdeveloped Tanintharyi region bordering Kanchanaburi province plans to attract European investment mainly from French companies in the months to come, according to Phyo Win Tun, planning and finance minister of the Tanintharyi region government. “At the regional government, we frequently receive business delegations from Europe, including France, Italy, Czech as well as from other […]
Yoma awards building contracts worth over US$400m for new Yangon developments
November 30, 2017 by
SINGAPORE – Yoma Strategic Holdings on Wednesday (Nov 29) announced the signing of an agreement with two global construction companies to build its integrated real estate development Yoma Central, and The Peninsula Yangon, the former headquarters of the Burma Railway Company which will be restored into a luxury hotel. Both projects sit on an about […]
