Relaxation of restriction brings more tourists to Kawthoung

Crowds of tourists are flocking to Kawthoung, Taninthayi Region, during the peak season for tourism in Myanmar after restrictions on sightseeing boat tours around the Myeik Archipelago were relaxed, according to the Ministry of Hotels and Tourism. According to the ministry, Kawthoung welcomed 270,573 foreign visitors and received 3,248 tourists on yacht trips during the […]

Yangon Condominium Market Report 4Q 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Condominium Market 4Q 2014 Project launches increase despite weakening take-up rate Developers remained confident as project launches continued to soar in 2014, hitting a new record high of 4,150 condominium units, tripling […]

Economic reform in 2015 out of the world’s spotlight

Next year could the most important for Myanmar’s economic transition since the heady days that followed the transition from a military to a civilian government. The world’s attention may be drifting away, the spotlight drawn by any number of international concerns, while some circling investors appear flummoxed by the pace of change. The expectations of […]

Singapore-Myanmar training institute aims to boost youth employability

YANGON: Young people in Myanmar can soon turn to a new training institute in Yangon to learn skills that will make them more employable. The Singapore-Myanmar Vocational Training Institute will open its doors in the first quarter of next year. It is the first time Myanmar has set up such a facility with a foreign […]

Thai companies urged to invest in Myanmar ‘or miss out’

THAI enterprises should not delay when considering business and trade opportunities with Myanmar, otherwise they may lose out to other foreign investors, said Aung Than, vice chairman to the Mandalay Chamber of Commerce in Myanmar. With the ASEAN Economic Community (AEC) scheduled to commence in 2015, Aung Than said many foreign investors, particularly those from […]

Myanmar Rice firms wary of Ministry plans to open up market

“We can’t compete with foreign companies,” said Myanmar Rice Federation’s central executive committee member U Soe Win. “This is not the right time to give them permission to enter the wholesale market. We are just starting to do business openly. Why let them in at this moment?” His comments follow reports that the ministry’s directorate […]

Myanmar’s beautiful version of hacky sack is driving its neighbors nuts

The biennial South East Asia (SEA) games aren’t due to begin until Dec. 11. But the trash talking has already started. The head of Philippine Sports Commission is vowing to send an undersized protest delegation to the event, arguing that host nation Myanmar (Burma) is stacking the deck in its favor by including only the […]

Shwe Mann declares presidential bid

Myanmar’s influential parliamentary speaker Shwe Mann has announced he will run for president in the fast reforming nation in 2015 polls, according to a report, joining opposition leader Aung San Suu Kyi as the only declared candidates so far. Former general Shwe Mann, a key architect of reforms since the end of the junta in […]

Outdated Myanmar laws restrict foreign firms’ listing in Stock Exchange

Foreign firms will find difficulties to list on the upcoming Myanmar Stock Exchange because of restrictions in the existing laws, Soe Thein, Executive Director of Myanmar Securities Exchange Centre Co Ltd, said. Myanmar is planning to launch a stock exchange by 2015 with technical assistance from Japan. Myanmar parliament is also working on the Security […]