[YANGON] Family-run firms, a lack of transparency and murky money networks in the former junta-led country continue to make doing business in Myanmar “super challenging”, a new study mapping the country’s top companies said on Monday (March 26). Myanmar’s economy remains dominated by military firms and an elite of crony capitalists – a legacy of […]
IFC launches its sustainability guidelines in Myanmar language
May 8, 2017 by
Arm of world bank guides local companies on managing environmental, social risks The International Finance Corporation, a private sector arm of the World Bank Group, last week released a Burmese version of its Performance Standards on Environmental and Social Sustainability. The publication is a set of eight internationally recognised norms that guide companies and governments […]
HAGL launches second phase of Myanmar Centre
March 23, 2016 by
Vietnamese developer Hoang Anh Gia Lai has started building the second phase of its landmark Myanmar Centre, which will include two office towers and five residential towers including serviced apartments and units for sale. The first phase of the US$440 million project included a shopping centre called Myanmar Plaza, which opened at the end of […]
Melia enters Myanmar with maiden Yangon hotel
May 6, 2015 by
MELIÁ Hotels International has signed an agreement with Vietnam’s Hoang Anh Gia Lai (HAGL) Group on April 30 to manage the five-star Meliá Yangon. Owned by HAGL, the 429-room hotel will be part of the mixed-use Hoang Anh Gia Lai Myanmar Centre and is one of HAGL’s largest real estate projects, with a total investment […]
