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ANA seeks Myanmar venture after failed attempts

Bloomberg ANA Holdings Inc. is attempting to set up a venture in Myanmar for the third time after previous efforts collapsed, as Japan’s largest carrier seeks to capture demand in one of Asia’s fastest-growing economies. “We’re going to find a new partner again,” Shinya Katanozaka, chief executive officer of ANA Holdings, said in an interview in Tokyo. “Even though this ...

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Crucial Christmas in store for three besieged UK retailers

Bloomberg After a year to forget for British retailers, investors are betting some of the UK’s major chains now face a make-or-break holiday shopping season. Among those with the most at stake are department-store operators Debenhams Plc and House of Fraser Ltd., as well as fashion retailer New Look Retail Group Ltd., owned by embattled billionaire Christo Wiese. Despite Black ...

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UAE hotel investments to hit $8.4bn in 2018

DUBAI / Emirates Business The Arabian Hotel Investment Conference 2018 (AHIC) is forecasting significant opportunities for hotel investors targeting the Middle East in light of new data from MEED Projects, which predicts that more than $14bn worth of hotel construction contracts will be awarded in 2018. According to MEED Projects, the online projects tracking service, the value of new hotel ...

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