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Singapore Myanmar Investco (SMI) has signed an international area development agreement to develop The Coffee Bean & Tea Leaf (CBTL) cafe chain in Myanmar. Founded by Herbert Hyman in 1963, the chain is owned and run by International Coffee & Tea, which has…
Taiwanese restaurant chain SheenHo has awarded a master franchise to Myanmar company Creation Strength to open outlets in the frontier market. About K1.3 billion (US$995,000) will be invested in opening up to 20 branches over five years, starting in Yangon.…
Singapore Myanmar Investco (SMI) will launch Japanese ramen restaurant chain Ippudo in Myanmar early next year. Brand owner Chikaranomoto Holdings will provide training programs for SMI to set up and run the Myanmar restaurants. “We see abundant growth…
SGX Mainboard-listed Singapore Myanmar Investco (SMI) – engaged in consumer products and services in Myanmar – will be looking at investing in the retail and food & beverage vertical in the next three years. Late last year, SMI inked an agreement with Royal…
Crystal Jade restaurants are headed to Myanmar after a franchise agreement signed between Singapore Myanmar Investco (SMI) and Crystal Jade Management Vietnam. Crystal Jade Group has more than 100 outlets in 20 cities in the Asia Pacific region and the US.…
Singapore Myanmar Investco (SMI) subsidiary SMI Retail is to operate duty-free, retail and food and beverage facilities at Yangon International airport (YIA) terminal two from April 1 2016. The retail operator has been awarded a five-year licence, with the…
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