Singapore’s Pan Pacific opens new hotel in Yangon, remains confident of long term ROI

Wee Wei Ling, executive director of Pan Pacific Hotel Group, isn’t at all worried about the glut in hotel rooms in Yangon. “There is definitely an oversupply. In fact, tourism has been declining recently. But we are long-term investors in Myanmar. We see the potential of this country and we would like to grow with […]

Collier Propety Report – Yangon Retail Q3 2017

Retail Market Gains Further Momentum Yangon continues to shift towards retail modernisation. In fact, the opening of St. John City Mall and Junction City Shopping Mall defined further quality improvements over the recent quarters. Given robust demand, Colliers expects that supply will build up and more innovative trends will persist. We see especially strong growth […]

BreadTalk Myanmar eyes 300,000 customers a year

AFTER the grand opening of its first outlet in Myanmar on Saturday, BreadTalk, an Asian boutique bakery chain, expects soon to be serving nearly 300,000 customers in this country every year. Su Myat Noe, marketing manager of BreadTalk Myanmar, said in an exclusive interview that the bakery served more than 20,000 customers in one month […]

Japanese Noodle Restaurant Chain Ippudo Comes to Myanmar

The popular Japanese noodle restaurant chain Ippudo is making its debut in Myanmar with a branch in Yangon’s newly opened Junction City Shopping Mall, Kyodo News reported on 13 April. Chikaranomoto Holdings Co, operator of the ramen restaurant chain, held a soft opening on Tuesday ahead of a grand opening in May. The Yangon restaurant […]