Myanmar shutters cinemas across the country until April 30

The Myanmar Motion Picture Organization (MMPO) on Monday shuttered cinemas across the country to boost the government’s efforts to prevent the entry of the dreaded COVID-19, which has killed over 6500 people. U Nyi Nyi Tun Lwin, chair of MMPO, said the cinemas would not be operating until April 30. “I heard the official letter […]

Colliers Property Report – Retail Q1 2019

GROWING MOVIE GOERS: A STIMULI TO RETAILTAINMENT Summary & Recommendations As of Q1 2019, the citywideaverage occupancy rate remained at 90% with major shopping malls maintaining almost full occupancy rates. Meanwhile, Colliers anticipates 2019 to have an additional supply of more than 10,000 sq meters. This should continue to encourage tenants’ flight to quality as […]

Kayah State sees rising FDI, interest in agriculture sector

Investor interest in the agriculture and livestock sector in Kayah State has been on the rise in recent years, Daw May Myo Zaw, secretary of Kayah State Investment Committee, told The Myanmar Times. According to the 2018 Kayah State Investment Opportunities Survey released by the committee, investors had identified the agriculture and product manufacturing for […]

Children’s rights bill inconsistent over child labour regulations

Sections within the draft law are inconsistent over the minimum working age, and child employment in many sectors remains unregulated A children’s rights draft law introduced to Pyidaungsu Hluttaw on July 7 fails to address inconsistencies between existing domestic laws regarding child employment and the legal minimum working age. The bill does not tackle grey […]

Retail space in new Yangon theme park in hot demand

A shopping centre due to open later this month in Yangon’s new Fun Valley Theme Park has been booked out by businesspeople hoping to capitalise on the amusement park’s popularity. The Kantharyar Shopping Centre will open on November 27 to include retail space, a supermarket, three cinemas, beauty salons and family KTV, said sales and […]