Japan, Thailand and South Korea interested in Myanmar retail sector
Myanmar's retail sector has garnered significant interest from retailers in Japan, Thailand and South Korea, following the nation's allowance of 100% foreign-ownership in retail, and talks with the Ministry of Commerce.
Myanmar allows 100% foreign ownership in retail sector
Newly amended regulations issued by the Ministry of Commerce have opened Myanmar's retail and wholesale sector to allow foreigners 100% ownership in retail operations.
Myanmar grants Visa-free entry to Japan and South Korea
Japanese and South Korean tourists will be granted visa-free entry into Myanmar in a move to attract more visitors, however, tourists from China, Hong Kong and Macau will still have to pay USD50 to receive visas on arrival.
5 things to consider when presenting office space to the Yangon market
Fred Hassim of Slade Property Services offers five key considerations for developers to attract embassies, MNCs, and NGOs to office space in Yangon's property market.
Outward-oriented reform positions Myanmar as an FDI destination
After assuming power in 2016, the NLD opened Myanmar up to the rest of the world in an effort to attract investment, but it seems the nations' ability to engage Western interest has fallen by the wayside.
Foreign investment in Myanmar's Special Economic Zone reaches USD $150 million
According to the Myanmar Investment Commission, total FDI in the Thilawa SEZ project reached approximately USD $150 million between April and July of 2018.
Colliers International announces new appointments in Myanmar
Recent announcements from Colliers International has revealed the appointment of Karlo Pobre as Deputy Managing Director for Myanmar; with Paul Ahlgrim and Neil Brown also securing new positions.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.