Inya Lake

Frontier Markets Investment Portfolio: A Mining Site in Northern Myanmar

February 26, 2019 by Thiha

Asia Frontier Capital’s Regional Investment Analyst Scott Osheroff recently traveled to northern Myanmar to visit the mine site of one of its portfolio companies. Myanmar – Liberalization begins to unfold The National League for Democracy (NLD) seems to have potentially finally come to the realization that the economy is suffering and therefore that their party […]

Filed Under: Latest News Tagged With: Bangladesh, Bawdwin, Copper, FDI, Frontier, General Scheme of Preferences, gold, Golden Land, GSP, Herbert Hoover, insurance, Inya Lake, jade, Lashio, lead, metals, Namtu, National League for Democracy, oil, Regional Investment Analyst, ruby, silver, Tiger camp, tin, tungsten, tycoons, Zinc

Estranged brother of Myanmar’s Suu Kyi bids to sell lakeside home

October 22, 2018 by Thiha

The estranged brother of Myanmar leader Aung San Suu Kyi said on Thursday he is making a new bid to sell the lakeside house where the democracy activist turned politician spent 15 years under house arrest. Aung San Oo, who spends most of his time in the United States, submitted an appeal at the supreme […]

Filed Under: Latest News Tagged With: 54 University Avenue, Aung San Oo, aung san suu kyi, Barack Obama, democracy, Hillary Clinton, Inya Lake, Myanmar leader, National League for Democracy, NLD, Rohingya Muslim, United States

Daw Aung San Suu Kyi’s Brother Appeals Inheritance Ruling to Supreme Court

October 18, 2018 by Thiha

Myanmar State Counselor Daw Aung San Suu Kyi’s brother has filed a special appeal to the Union Supreme Court asking it to review a Yangon court’s decision in his legal dispute with her over an inheritance. Yangon’s Western District Court ruled in 2016 that the home on Yangon’s University Avenue in which Daw Aung San […]

Filed Under: Latest News Tagged With: Barack Obama, Daw Aung San Suu Kyi, Inya Lake, lakeside villa, Myanmar State Counselor, Naypyitaw, New Delhi, State Counselor, U Aung San Oo, U Khin Maung Aye, U.S. President, Union Supreme Court

Yangon University’s Hlaing campus to reopen on December 4

November 27, 2017 by Thiha

Yangon – Authorities are renovating Hlaing campus of Yangon University in preparation for re-opening it on December 4, nearly two decades after it was closed, according to sources. The Hlain campus will open to the large number of first year arts and science students attending Yangon University. Pho Kaung, rector of Yangon University confirmed that […]

Filed Under: Latest News Tagged With: Adapati street, arts and science students, convocation hall, Dalbergia Kurzii trees, gold mohur trees, high school, Inya Lake, Myanmar international footballer Zaw Myint, Orange College, Pho Kaung, Practicing High School, rain trees, rector, Regional College 2, the former Soviet Union, The Hlain campus, TTC, Yangon Institute of Education, Yangon University, Yangon University’s Hlaing campus

Sampath Bank funds mega hotel development project in Myanmar

October 13, 2017 by Thiha

Sampath Bank PLC, a pioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully concluded a loan transaction with Yangon based hotel developer Family Business Group Hotel Limited (FBGHL), Myanmar. This loan marks yet another giant stride in the steady rise of the Bank’s off-shore […]

Filed Under: Latest News Tagged With: Aung Than, Bank’s Foreign Currency Banking Unit, Chairman / Managing Director, Director / Chief Executive Officer (CEO), Family Business Group Hotel Limited, FBGHL, FCBU, H. E. Nimal Karunaratne, hotel developer Family Business Group Hotel Limited, international hotel chain, Inya Lake, Ko Ko Latt, Lakkhana Gunaratne, Manager, mega hotel development project, Myanmar, Myanmar representative office, Nanda Fernando, Novotel Hotel Max, regulatory and legal clearances, Sampath Bank PLC, Sampath Bank PLC’s Managing Director, Sri Lanka’s Ambassador, Sri Lankan bank, Sri Lankan investors, Sri Lankan market, Stakeholders, Yangon’s Kamayut Township

Running Yangon’s largest hotel

September 8, 2017 by thiha

The first thing one observes about Lotte Hotels & Resorts Yangon, Lotte Co’s newest hotel, is its sheer size: the property has 658 rooms. The second is the service. Step into the hotel and one is cheerfully greeted by employees eager to help with your umbrella and point you in the right direction. One wonders […]

Filed Under: Latest News Tagged With: Daewoo International, David Shim, French group AccorHotels, general manager at South Korean hotel chain Lotte Hotel, Hong Kong, Inya Lake, KDB Daewoo Securities, Lotte Hotels & Resorts, Lotte Hotels & Resorts Yangon, Myanmar, POSCO E&C, Pullman Yangon Centrepoint, Pyay Road, South Korea, Thailand, Thailand-based LP Holding, Vietnam, Yangon

Korea’s LOTTE to launch hotel, serviced apartments in Yangon

August 21, 2017 by thiha

Korea’s LOTTE group will launch its awesome resort hotel and serviced apartments in Yangon on September 1 beside the picturesque Inya Lake in its march to become one of Asia’s formidable business conglomerates. Founded by Korean businessman Shin Kyuk-ho in Japan in 1948, LOTTE expanded into South Korea in 1967 with a range of confectionery […]

Filed Under: Latest News, Property Report Tagged With: Inya Lake, Japan, Korea’s LOTTE group, Korean businessman Shin Kyuk-ho, LOTTE Hotels & Resorts marketing director, LOTTE Hotels and Serviced Apartments, Mikon, regional analyst Subir Bhaumik, Shwedagon Pagoda, Yangon

Parkland projects suspended pending plan

May 29, 2017 by Thiha

Yangon Mayor U Maung Maung Soe told the regional parliament yesterday that the YCDC was drafting a master plan and they would only allow projects to be carried out after it is drafted. “Some companies have requested us to draft the master plan as soon as possible. The buildings must be located 30 feet away […]

Filed Under: Latest News, Property Report Tagged With: City, company, developer, Economic and Financing Committee of Yangon regional parliament, Eden Group, Former mayor U Hla Myint, Good Shan Brother, Inya Lake, Inya Palace, Kandawgyi Lake, Magic Land, Max Myanmar Group, MGS Resort and Entertainment, MP Daw Sandar Min, MPs, Mya Kyun Thar parkland, Nay La Pwint Services, Parkland projects, Planning, Rya Ji, U Myo Chit, Yangon Mayor U Maung Maung Soe, YCDC

Government Lost Millions of Dollars as Large Firms Paid Rock Bottom Rents for Public Land – Report

May 11, 2017 by Thiha

Yangon’s government has lost billions of kyat in potential revenue by leasing public space to local firms at rock-bottom rates, a report from the Auditor General’s Office has revealed. The report is based on an analysis of the Yangon City Development Committee’s (YDCD) finances, which are not normally made public. Looking at the 2015- 2016 […]

Filed Under: Latest News Tagged With: amusement park, Auditor, cinema, golf driving range, government, healthcare clinics, Inya Lake, market, MPs, Mya Kyun Tha Park, people, Public Land, retail store, U Tin Lwin, Yangon City Development Committee's (YDCD)

International hotel chains open their doors in Myanmar

May 5, 2017 by Thiha

Since opening up the country, more tourists come and discover Myanmar and it is expected to grow even more. Therefore, more and more investors are seeing chances to begin their business here. That is why a lot of new hotels will open their doors as well in 2017. Since the new government, led by National […]