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 […]

Japan’s MHM merges with Thai firm in first tie-up of its kind

Mori Hamada & Matsumoto (MHM), one of Japan’s largest law firms, has acquired leading firm Chandler & Thong-ek (C&T) in Thailand as part of a push into South East Asia. The acquisition comes just over a year after the Japanese firm opened its third ASEAN office in Bangkok. The office is located in the same building […]

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 […]

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar

The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam that focuses on the development of residential and commercial real estate in many principal economic […]

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 […]

Myanmar Boom Wanes as Overcapacity Bites

When Myanmar opened to the world back in 2012, the country experienced a rapid expansion in air travel. Thirteen foreign airlines carried roughly 2 million international passengers. By 2014, the international market had jumped to 3.2 million passengers traveling with nine foreign airline groups, bringing the total number of international carriers to 22. But now the […]

Vietjet banks on high aviation growth from rising tourism in Myanmar

RAPID ECONOMIC growth and boom in the tourism sector is expected to lead to significant growth in Myanmar’s aviation industry, an airline industry veteran said. Thi Thuy Binh, vice president of Vietnam low-cost carrier Vietjet, said that Myanmar was in high demand among Vietnamese travellers for both business and leisure. “If this upward trend continues, […]

Stock exchange could catch Vietnam: deputy minister

Yangon Stock Exchange has good prospects and is likely to catch up with Vietnam’s stock exchange within three years, according to Dr Maung Maung Thein, deputy finance minister. Established in 2000, the Ho Chi Minh City Securities Trading Centre is the largest stock exchange in Vietnam. In 2010, it listed about 250 companies with capital […]

Vietjet launches new flight route from Ho Chi Minh City to Yangon (Myanmar)

SINGAPORE – Vietjet Aviation Joint Stock Company (“Vietjet”) has officially launched the operation of its international flight route from Ho Chi Minh City (Vietnam) to Yangon (Myanmar). The Ho Chi Minh City – Yangon route will initially operate five round trips per week with a flight duration of 2 hours 15 minutes per section. Vietjet […]

Vietjet pioneers Yangon route

HO CHI MINH CITY, 28 July 2015: Vietjet Air will launch flights connecting Ho Chi Minh City to Yangon in Myanmar starting 2 October. The upcoming route will have five flights per week departing HCMC Monday, Wednesday, Friday, Saturday and Sunday with a flight time of two hours and 15 minutes. The flight will depart […]