The numbers of high-quality housing projects and highrise apartments have increased substantially in Yangon over the past five years. Although the property market has slowed overall, demand for luxury accommodation has looked more positive. Both residents and investors are interested in this market. As condos and apartments are still the only viable option for foreigners, […]
Metro Cash & Carry enters Myanmar, centres Thilawa
Metro Cash & Carry, an international specialist in wholesale and food retail with a presence in 25 countries, recently entered Myanmar by kicking off construction of its warehouse in Thilawa special economic zone earlier this month. Tiparayat Kaewsringarm, deputy CEO of Metro Wholesale Myanmar, the company’s Myanmar subsidiary, said in an interview that the firm […]
Yangon to get fine dining eatery
Myanmar-born Pote Lee will open the first branch of his upscale restaurant Water Library in his homeland after launching the first two branches in Bangkok in 2008 and 2012. Scheduled to open by the end of this month, Water Library has been developed in a 100-year-old colonial mansion on Manawhari Road in Yangon, the same […]