Seeking relief from a depreciating yuan, Chinese outbound investors have been on a roll lately, proposing jaw-dropping acquisitions in the commercial real estate sector in recent months from Dubai to Yangon and every investment haven in between. The speeds of capital deployment from the Middle Kingdom has been met with suspicion both at home and abroad. Determined […]
Yangon hotel market continues to boom
June 9, 2014 by
The social and economic reforms that began in Myanmar in 2011 have allowed tourism to flourish in the country. In the former capital city and still the commercial hub, Yangon, international arrivals grew 46% from 550,000 in 2012 to just over 800,000 in 2013. The number of arrivals in Yangon remains relatively small compared with […]