Growth in condo sales forecast despite lack of new developments
An absence of new condominium development launches signals a decrease in developers' confidence, but sales growth is forecast thanks to an increase of lower to mid-tier projects, Colliers International Myanmar Condominium Quarterly Review Q2 2018 has found.
"Untapped market potential" for residential development
The residential development for the low and mid-income market with affordable prices reflects "significant untapped market potential", says PwC Myanmar.
Easing of trading restrictions fuels demand, Colliers report finds
Colliers International Myanmar Quarterly Review Yangon Retail Q2 2018 reveals recent legislative developments are to thank for a promising upcycle in retail and wholesale trading.
Legislative developments to "propel" demand and competition
Colliers International Myanmar Quarterly Review Yangon Retail Q2 2018 reveal that recent legislative developments show a promising sign that demand may be driven towards a lengthy upcycle.
Myanmar grants Visa-free entry for 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.
Creation of Digital Economy Development Committee (DEDC) and developments in urban and infrastructure sectors targeted to embrace a digital transformation in Myanmar.
