Mitsubishi, Hitachi to invest $20m in domestic train network

Riding on Myanmar’s antiquated railway network is not an experience for the impatient or infirm. American travel writer Paul Theroux, in The Great Railway Bazaar, quotes a policeman on the Yangon-Mandalay line as it breaks down for the fourth time. “It is a slow train,” he says. “Dirty and old – old coaches, old engines.” […]

MIC clears construction of two five-star hotels in Nyaungshwe

The Myanmar Investment commission has given the go-ahead to the privately-owned Myat Min Company for the construction of two five-star hotels in Nyaungshwe, Taunggyi district of southern Shan State. The permit was granted by the MIC in a meeting held on April 26. The construction site for the hotel encompasses an 11-acre land plot in […]