Restaurants in the Yangon Region have seen declines in revenue by as much as 50 percent during the second wave of COVID-19, according to the Myanmar Restaurants Association (MRA). “Although restaurants are still open, they still need to cover costs for labour and shop rental fees. Many have remained open to look after their staff,” […]
Transforming Myanmar’s food industry via digital solutions
In response to the growing cash flow in Myanmar’s food and beverage industry, Code2LAB Pte Ltd, a local technology company, has brought two innovative solutions to the market to help digitise the nation’s restaurant industry, according to Min Zeya Phyo, the firm’s founder and chief executive. In an exclusive interview with The Nation, he said […]
Min Residences to start construction in September
“We have created a joint venture to invest in Min Residences. “The complex will be located next to the second central business district of Yangon. It will be first tower in Myanmar with 60 fitness and recreational facilities such as sports rooms, a gym, a kids’ playground area and swimming pools,” he said at a […]
Taiwan’s ‘Little Burma’
A short five-minute walk from the Taipei metro terminal station of Nanshijiao lies Huaxin Street. It is here, nestled away in the concrete jungle that makes up Zhonghe District — one of the most densely populated parts of the planet — that Taiwan’s Burmese population has settled over the past several decades. The roughly 40,000 […]
Myanmar gets a taste of Singapore
Independent operators and established restaurant chains from Singapore are making inroads into Myanmar’s nascent dining scene. YANGON: Myanmar is turning into a hot culinary destination with delights from the Lion City. In the last six months, six Singaporean restaurants have opened in Yangon. Singaporean Ringo Wong was in the shipping industry for the last 20 […]
Tony Roma’s opens first restaurant in Myanmar
Tony Roma’s opened its first restaurant Monday in Myanmar, formerly known as Burma. Orlando, Fla.-based Romacorp Inc., parent to the casual-dining chain, said the restaurant was developed with franchise partner APEX Food and Beverages Co. Ltd. of Yangon, the Southeast Asian nation’s largest city, with nearly 5 million people. Tony Roma’s is the first U.S. […]
Yangon Tax Department Announces Restaurant Crackdown
YANGON — Yangon Division’s Internal Revenue Department has urged restaurateurs to use official stamps on diner receipts to indicate payment of commercial tax, warning of hefty fines for noncompliant business owners. The pre-purchase system began in Yangon last month, requiring business owners to affix stamps bought from the department to customer receipts in order to […]