Demand in the Myanmar real estate market is expected to pick up in 2018 now that the rules to the new Condominium Law have been released. Under the new rules, property investments by foreigners are expected to spike, said U Aung Naing Oo, secretary of the Myanmar Investment Commission. The rules, which were released in […]
Over 20 Awards Up for Grabs at Myanmar Property Awards 2016
More than 20 awards will be dished out at the Myanmar Property Awards 2016 ceremony, organisers of the event said. The awards for this year will be given in condominium, housing, hotel, resort, servicing, renovation, office place and retail categories. The second edition of the annual event – a part of the Asia Property Awards […]
KFC finally made it to Myanmar via Yoma Strategic Holdings
Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. This morning Yum! Brands announced that they are launching the first KFC outlet via Yoma Strategic Holdings (YSH) in 2015. After many false starts and even a much publicised taste test in May 2013 in Inya Lake Hotel […]
Govt approves bid to upgrade Mandalay Airport
A proposal to upgrade Mandalay International Airport has been approved by the government and submitted to the Myanmar Investment Commission, said Win Swe Htun, director general of the Civil Aviation Department. The department has concluded formal talks between Mitsubishi-Jalux and its Myanmar partner SPA Project Management, the consortium that last year won the tender to […]
Who’s building the towers?
A look at the who’s who in the construction of Myanmar’s telecoms infrastructure, and the joint venture alignments that have formed. Apollo Towers Engaged in construction, management and leasing of telecoms infrastructure to Myanmar operators, Apollo Towers has signed an agreement with Telenor to build 1001 towers. The Singapore company is chaired by former Orange […]