KLOUD Serviced Co-Office at Junction City Tower: Experience the best shared office in Yangon. If you are looking for a premium fitted office space with flexible lease term located in the heart of Yangon with spectacular views, KLOUD Junction City Tower is the one for you. With its quality facilities and convenient location, KLOUD […]
KLOUD Serviced Co-Office at Junction City Tower: Experience the best shared office in Yangon.
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 […]
Singapore Firms Wary About Rushing Into Myanmar
The expected wave of investment from Singapore firms venturing into Myanmar following the nation’s reforms has not occurred, mainly due to wary companies waiting for clearer policy direction. Many thought the rise to power of Ms Aung San Suu Kyi’s National League for Democracy (NLD) a year ago would trigger the piling of investors into […]
Myanmar Companies Ramping up Tourism Industry
YANGON — Leading companies in Myanmar are building up the tourism industry in a bid to capitalize on the increasing number of foreign visitors to the Southeast Asian country since democratic reforms took place. First Myanmar Investment signed an agreement in October with its Singapore-listed affiliate Yoma Strategic Holdings and other companies, including SHC Capital Asia, […]
Keppel Land divests Sedona Hotel Mandalay
KEPPEL Land has entered into a conditional sales and purchase agreement to divest its entire stake in Wiseland Investment (Myanmar) – which owns Sedona Hotel Mandalay – to Eden Hotels and Resort Co for US$41 million. The divestment, which comes on the heels of Keppel Land’s investment in Junction City Phase Two in Yangon, is […]
Keppel Land to jointly develop Yangon serviced residences
KEPPEL Land on Wednesday said that it has signed a conditional joint venture agreement with Burmese conglomerate Shwe Taung Group to develop premium serviced residences and offices in the next phase of Junction City. This is a mixed-use development in Yangon’s central business district. Keppel Land’s investment in this next phase will be about US$48.6 […]
Singapore brand flying high in Yangon
Yangon may be a three-hour flight and nearly 2,000 km away from Singapore – but it’s difficult not to feel the Lion City’s growing presence in Myanmar’s largest city and its thriving commercial centre. When I landed at the city’s international airport on Monday and made my way to the immigration counters, I spotted a […]
Keppel Land builds up Myanmar presence with expansions
Keppel Land is strengthening its hotel and commercial portfolio in Yangon, Myanmar’s rapidly developing leading city. The Singapore-listed property firm yesterday held a topping-off ceremony for its joint venture project, Junction City Tower, which is being developed jointly with Myanmar-based construction company Shwe Taung Group. Keppel Land holds 40 per cent of the project with […]
Shwe Taung launches $300m project in downtown Yangon
Shwe Taung Group of Companies yesterday launched a mixed-use project worth US$300 million in the centre of Yangon, demonstrating that the local conglomerate has shaken off its controversial past to emerge as a viable partner in the eyes of many international investors. Junction City, designed by DP Architects from Singapore, will include a five-star hotel […]