Myanmar’s best-known business house is joining up with multinationals

THE maroon hot-air balloons which carry tourists over Bagan—an ancient city teeming with crumbling red-brick temples—are famous in Myanmar. The fleet belongs to one of the country’s best-known tycoons. Since the pariah nation began to open up in 2011, Serge Pun has gradually transformed an empire built on property into a conglomerate with interests in […]

The Colonel comes to Myanmar

Yoma Strategic Holdings will soon offer Myanmar’s fast food lovers the chicken The Colonel made famous with his secret recipe of 11 different herbs and spices. The Singapore-listed company has announced plans to bring the US fast food chain, KFC, into the country, making it the first international fast food retailer in the long-isolated nation. […]

Myanmar smells fast food success as KFC heads for Yangon

YANGON — There is something in the air around Myanmar’s developing restaurant industry. It smells a lot like standard fried chicken, but this time it is seasoned with a liberal dash of high-end optimism. In a significant development for the country’s nascent fast food sector, Yum! Brands of the U.S. recently announced that its KFC […]