Myanmar businesses slow to adapt to improvements in Internet

Our study of the Myanmar industry shows that Myanmar businesses are still lagging behind in the use of Internet technology. We studied 72 audit/accounting firms and 44 law firms in Yangon and were flabbergasted to find that 93% and 68% respectively do not have websites and 70% of them are still using Gmail. Our study […]

Yangon airport arrivals hit record in 2014: govt

Tourist arrivals through Yangon International Airport hit a record high in 2014, rising more than 20 percent, figures from the Ministry of Hotels and Tourism show. The number of foreign visitors arriving through the Yangon gateway increased 21.11pc to 972,597, up from 803,014 in 2013. About 698,206 visitors, representing more than 70pc of total arrivals, […]

Industry Experts See Potential in Backpacker Boom

YANGON — The backpacker, a unique variety of traveler associated with intrepid, low-cost wandering, is fast becoming a cardinal feature of Myanmar’s tourist scene, according to industry experts. The Union of Myanmar Travel Association (UMTA), a private-sector bloc established in 2002, told The Irrawaddy that the industry might benefit from catering to foreign independent travelers […]

Market potential for boutique hotels in Yangon

YANGON: According to industry players, Myanmar’s commercial city, Yangon, should consider repurposing or refurbishing existing buildings into hotels. Many said it will provide the accommodation which is badly needed throughout the city. Frederic Goubet, chairman of The Loft Hotel, said: “We provide a certain answer to the deficit (in accommodation) but we did it with […]