Investment goods import value on the rise

The import value on investment-related equipment during April 1-November 14, of the 2014 fiscal year, was more than US$3 billion, a big surge from US$1 billion during the same period of last fiscal year, according the Ministry of Commerce. These imports were made by investment companies obtaining privileges from the Myanmar Investment Commission (MIC). “Business […]

Number of hotels on the rise: Tourism ministry

The number of star-rated hotels, motels and guesthouses in Myanmar has reached 923, with more than 300 guesthouses in operation by the end of last year, according to the Ministry of Hotels and Tourism. The ministry said there are six five-star hotels, 17 four-star hotels, 83 three-star hotels, 116 two-star hotels and 102 one-star hotels […]