New airline routes begin to crowd Myanmar’s sky

YANGON — Asian airlines are looking to expand to Myanmar, eyeing not just business passengers but also the rising middle class there, who are beginning to travel for pleasure. Budget carrier HK Express on Sept. 1 kicked off a direct Hong Kong-to-Yangon route that flies four times a week. Other carriers, such as Myanmar National Airlines, already provide such […]

BKL continues overseas expansion with Myanmar office

Korean law firm Bae, Kim & Lee (BKL) has opened an office in Yangon, Myanmar, its seventh globally, and its third outside of its home country. The Yangon office will be led by partner Eric Eunyong Yang, who along with fellow partner Yong Geun Bae, joined the firm last year from Yulchon with the aim […]

From Dubai to Yangon, signs of Chinese wealth are everywhere

Seeking relief from a depreciating yuan, Chinese outbound investors have been on a roll lately, proposing jaw-dropping acquisitions in the commercial real estate sector in recent months from Dubai to Yangon and every investment haven in between. The speeds of capital deployment from the Middle Kingdom has been met with suspicion both at home and abroad. Determined […]

Yangon airport T1 gets first foreign tenant

Yangon International Airport’s shiny new terminal has been almost empty since it opened in March – hosting only the country’s flag carrier Myanmar National Airlines. But space and facilities are becoming increasingly important for the raft of foreign firms aiming to add Myanmar routes, and the first international airlines are starting to move in. The […]

Pacific World expands footprint into Myanmar

MYANMAR’s emerging MICE sector and improving infrastructure have caught the attention of global DMC and event management company Pacific World, which has announced its expansion into the country through a partnership with Yangon-based inbound tour operator Myanmar Polestar. Selina Chavry, global managing director for Pacific World, commented: “Myanmar has been working to position itself as […]

Myanmar’s airlines face pressure at home and abroad

Underfinanced and often unprofitable, Myanmar’s airlines are in a fight for survival as competition heats up from rivals inside and outside the country. The sector has several factors in its favour – Myanmar is enjoying strong economic growth, fuel prices are low and the number of foreign tourists is rising. But by and large the […]

Asia World opens new Yangon airport terminal

Asia World Group has opened the first phase of a new airport terminal in Yangon that will be capable of handing up to 20 million passengers a year when complete, with US fast-food chain Kentucky Fried Chicken the first international restaurant confirmed to open in the new space. Yangon Aerodrome Company Limited (YACL), an Asia […]

LUKOIL launches products in Myanmar

The Russia-based LUKOIL oil company will begin selling lubricants in Myanmar this month. The lubricants will be imported via Dubai. The LUKOIL company has appointed Dubai-based Commodity Connect, a sister company of Bay Line Shipping, as their official Myanmar sales agent, which will take care of the importation of the lubricants from Dubai. “We’ve studied […]

Emirates to launch Yangon and Hanoi services

Emirates is to launch a daily service from Dubai to Yangon in Myanmar and Hanoi in Vietnam. The new flights will launch on August 3, using a three-class B777-300ER aircraft. The route will operate as a linked service, departing Dubai at 0250 and landing into Yangon at 1105, before taking off for Hanoi at 1235 […]

Emirates to launch Yangon and Hanoi flights

Emirates will launch a daily service from Dubai to Yangon and Hanoi starting August 3, 2016. Utilising a Boeing 777-300ER aircraft in a three-class configuration, this new route will strengthen Emirates’ network of destinations in Southeast Asia, offer a new flight option to passengers travelling between Hanoi and Yangon, and open up new connections for […]