The Central, the luxury development of Marga Landmark, has introduced a new upmarket shopping mall project called “The Central Ginza” and the launching ceremony was successfully held recently at The Central Gallery Showroom in Yankin Township. The construction of the project is now underway on Kanbe Road, and is expected to be available to the […]
Colliers Property Report – Myanmar Retail Quarterly Q4 2018
E-commerce and experiential retail growth potential promising Summary & Recommendations Myanmar can be considered a latecomer to the e-commerce wave, having experienced international isolation until 2011. While the country’s e-commerce future looks favourable, a huge amount of work from the government remains, particularly in improving the legislative framework, information and communications technology, and payment infrastructures. […]
Once-Cancelled Dagon City 1 Project Relocated to New Site
RANGOON — The government has relocated a controversial international development project to a new site after it was suspended seven months ago following a public outcry over its proximity to the Shwedagon Pagoda. The Myanmar Investment Commission (MIC) on Friday approved a new 17 acre site for Marga Landmark’s Dagon City 1 mixed use project, […]
President’s Office to grant ministry land to Shwedagon developers
The President’s Office will grant ministry-owned land in Yangon to five companies, as compensation for cancelling their projects beside Shwedagon Pagoda earlier this year, a senior official said. The five large developments were to be built on Ministry of Defence land beside Myanmar’s most famous religious site, but were called off permanently in July, following […]