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Yangon

Second listing gives wings to Yangon Stock Exchange

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Myanmar Thilawa SEZ Holdings (MTSH) made a solid debut on May 20 as the second company on Myanmar's Yangon Stock Exchange, spurring a lot...
Property prices in Yangon, Mandalay in 25%-slump

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Shortly after the presidential elections, Myanmar's property market is clearly cooling off, with prices in the two major cities of Yangon and Mandalay being...
Uber-like taxi app launched in Myanmar

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Getting around in Myanmar is becoming easier since Yangon-based company Oway Ride launched a Uber-style ride-hailing app. The car-on-demand service can be booked in...
Yangon gets new business district; stock exchange to open on December 9

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Now that the elections in Myanmar have passed, the country hurries to resume a number of delayed projects to win back investor confidence which...
Myanmar’s exorbitant property prices to stay until 2018

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Sky-high property prices in Myanmar, which in the country’s commercial capital Yangon have reached or partly exceeded the level of New York, Tokyo or...
Thailand, Myanmar agree on mutual visa-free travel

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Thailand and Myanmar signed an agreement on July 28 to allow citizens with ordinary passports to make visa-free travel of up to 14 days, provided...
Yangon now costlier for expats than Paris, Abu Dhabi, San Francisco

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With ultra-high rents and stiff prices for utilities, clothes, transport and entertainment, Yangon has made it up in the list of costliest cities for...
Yangon rents retreat from sky-high levels

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For expats in Myanmar, most of which are moving to the country’s business hub of Yangon, searching for a reasonably affordable apartment or office...
Myanmar kyat plunges to new lows

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The general strength of the US dollar and poorly managed currency control by the Myanmar central bank has led to another plunge of the...
Carlsberg begins brewing beer in Myanmar

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Danish beer giant Carlsberg became the first foreign brewer to open a facility in Myanmar. The launch of the new $75-million brewery took place...
Wealth report picks Yangon as one of four ‘Cities of the Future’

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The annual “Wealth Report” recently released by global real estate consultancy Knight Frank has an interesting angle: Apart from listing global cities most important...
Mideast airlines heavily increase capacity to Singapore

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Qatar Airways, Etihad and Emirates are seen as the big winners after Singapore Airlines has been drastically cutting back flight capacity to the Middle...
Myanmar stock market to kick off in October

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The Myanmar government has now confirmed that it will open its first-ever professional stock exchange, the Yangon Stock Exchange (YSE), in October this year...
Myanmar’s high hotel rates likely to stay

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A new report says that the high rates for hotels in Myanmar won’t fall in the mid-term, despite many new hotels are being opened...
Ooredoo sells 1 million SIM cards in Myanmar, but users complain

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Ooredoo Myanmar has sold more than 1 million SIM cards since the soft launch of its service here early in August, though technicians at...
Thai Oil to set up refineries in Indonesia and Myanmar

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Thai Oil Plc, Thailand's largest refiner and one of the blue chips at the Stock Exchange of Thailand, is looking to expand into Indonesia...
US takes steps to clear Myanmar company blacklist

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The US has been telling Myanmar companies it once designated as cronies of Myanmar’s former military junta that now may be the time to...
Tourist arrivals in Myanmar’s capital Naypyitaw nearly double

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The number of tourists arriving in Myanmar's capital Naypyitaw by air during the first seven months of this year is almost double the number...