Seagram Myanmar launches 100 pipers blended scotch whisky

Seagram Myanmar, a leading manufacturer and distributor of whisky in Myanmar, held the launch event for Seagram’s 100 Pipers Blended Scotch Whisky at the Rosewood Hotel, Yangon, according to a press release. Introduced in 1965 by Chivas Brothers, Seagram’s 100 Pipers is currently sold in over 25 markets around the world. It is the 2nd […]

Pernod Ricard kicks off Myanmar spirits JV

Pernod Ricard has completed the formation of its Myanmar spirits joint-venture. The partnership, first announced last year, sees Pernod begin operations in Myanmar with existing joint-venture Access Myanmar Distribution Co. just-drinks understands that Pernod will take a 34% stake in the new arrangement, with the remaining control shared among Access’s three partners. The JV will […]

Pernod Ricard takes 34% stake in Yoma whisky joint venture

FRENCH spirits giant Pernod Ricard has completed a deal to take a 34 per cent stake in Seagram MM Holdings, a joint venture between mainboard-listed Yoma Strategic, the Win Brothers and Delta Capital Myanmar which will produce and distribute whisky in Myanmar. Seagram MM Holdings is the holding company of Seagram Myanmar Company, a subsidiary […]

Myanmar property group sees its future in consumer sector

In the heart of Yangon, the commercial capital of Myanmar, the former headquarters of Myanmar Railways is surrounded by white steel frames. The historic redbrick building, more than a century old, is being restored and will be the future site of the Peninsula Yangon, a luxury hotel set to open in 2021. The grand structure […]

Brokers’ Call: Yoma Strategic Holdings

Despite some disappointment on Myanmar’s economic growth, we believe Yoma remains the best proxy of a potential economic turnaround in Myanmar with the new government in place. With its diversified portfolio in property, consumer and automotive sectors, Yoma is well placed to tap into the growth. Potential catalysts include recovery in Myanmar’s property market and […]

Chinese hotpot chain to arrive in Myanmar by year’s end

YOMA Strategic will launch Myanmar’s first franchise restaurant, Little Sheep, later this year. Little Sheep originated from China’s Inner Mongolia Province in 1999 and now has 300 outlets across 120 regions. A subsidiary of Yum China Holdings, the Baotou-headquartered restaurant chain is renowned for its hotpot broth made from a wide variety of herbs and […]

Yoma Strategic, Pernod Ricard announce JV, target leadership in Myanmar’s whisky industry

Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and Pernod Ricard have announced that they intend to form a joint venture company which will focus on the production and distribution of whisky in Myanmar. Pernod Ricard will install an internationally experienced management team and become the largest shareholder in the new company. The remaining equity will be […]