Kiwi to the rescue
Thailand is on fire in Myanmar.
Marrybrown opens first outlet in Myanmar
Malaysian fast-food chain Marrybrown, known for its halal fried chicken, burgers and finger food, has opened its first restaurant in Myanmar on June 28.
The Yangon store will kick off an expansion of Marrybrown in Myanmar to 16 outlets in 5 years, the company’s business development manager Joshua Liew was quoted as saying by Malaysia’s The Star newspaper.
Marrybrown is now the first foreign fast-food chain operating in Myanmar: Other chains, namely McDonald’s and Kentucky Fried Chicken, are still exploring a roll-out in Myanmar. US-coffee house chain Starbucks also has Myanmar on its radar.
However, apart from some local brands, the fast-food segment in Myanmar remains still largely untapped. Economist cite high property rents and a still weak purchasing power of locals as the main issues.
Meanwhile, Marrybrown said it wants to expand its presence in southern Thailand and also venture into Jordan and Turkey. Currently and apart from Malaysia and Thailand, it operates restaurants in China, Indonesia, India, Sri Lanka, Maldives, Tanzania, the UAE, Kuwait, Qatar, Bahrain, Iran, Syria, Saudi Arabia and Azerbaijan. Altogether, the chain has over 350 outlets.
Nok Air's New business plan after the successful daily flights between Mae Sod and Mawlamyine by pairing up the Burmese businessmen from Mawlamyine with Thai businessmen from Mae Sod with 2 pairs of flight between mae Sod and Mawlamyine from 28 to 30 October 2013.
Myanmar: Pros and cons of investing in the region's last frontier market
Sunday, 22 September 2013 14:09
Thanks for this report.
Do you know what is going on about the project of Superaxis dev new port?