Carlsberg Builds a Beer Empire in Myanmar

Carlsberg Group, the Denmark brewer of Carlsberg beer, is expanding fast in Myanmar. Last month, the brewer opened its 1000th draught outlet in the country, four years after it first inked a joint venture with Myanmar Golden Star (MGS) to form Myanmar Carlsberg Co, and two years after it opened a $100 million brewery in […]

Boozy battle-ground: a turf war brews in Myanmar

At a beer station on Bogyoke Aung San Road, servers traipse from table to table, handing mugs of Myanmar Beer to cheroot-smoking men in longyis. Another beer station in Sanchaung township looks almost exactly the same, but with Dagon Beer decorations and brew dripping from the taps. All over Myanmar, domestic brands such as Myanmar […]

Carlsberg puts on a Bago show

“PROBABLY a big day in Myanmar,” read the hop-shaped banners strung from telegraph poles along the road through Nyaung Inn Village Industrial Zone in Bago Region. Alongside construction sites for new factories – Perfect Companion Group, Karisma Apparel – is the dark green Carlsberg factory, the slogan “probably the best beer in the world” emblasoned […]

Lawyers’ Network to battle MIC over court tenders

Members of the Lawyers’ Network have protested against a government decision to lease two court buildings to private companies and have threatened to sue the Myanmar Investment Commission. About 50 lawyers from the network walked from the High Court on Maha Bandoola Park Street to Small Claims Court on Strand Road during the May 28 […]

Tun Foundation Bank upgrades online systems

TUN Foundation Bank signed a deal last week to purchase Oracle’s state of the art Flexcube Core Banking system, which provides for internet, smartphone and SMS banking services. Bank chairman U Thein Tun said the move will put Tun Foundation Bank at the forefront of the Myanmar banking industry as it looks to embrace new […]

Conservation projects in Yangon face long road ahead

Several high-profile renovation projects for Yangon’s most iconic heritage structures tendered by the state one year ago have yet to begin as the government is slow to rubberstamp master plans, while some development firms have yet to submit them, officials said. In November last year, the Myanmar Investment Commission chose four firms to separately convert […]