Monsoon hits Mandalay’s tourism

Popular destinations in Mandalay have seen a significant decline in the number of tourists arrivals this month, as the monsoon season has arrived. The wet season runs from May to September. “Visitor numbers have declined during May. Yet, tourists from Thailand and China visit Mandalay almost every day. In the past years, boat drivers had […]

S. Korean bank to aid Myanmar IT project

YANGON, March 19 (Xinhua) — South Korea’s Export-Import Bank will assist Myanmar’s IT infra-network expansion project by providing a loan of about 56 million U.S. dollars to the project, official report said Thursday. The loan will be disbursed by South Korea’s Economic Development Cooperation Fund to pay for expansion of high-speed fiber links between Taunggyi […]

New domestic airline to begin flights in March

A new domestic carrier, Apex Airlines, will be among the first in Myanmar to offer dynamic pricing when it starts flying next month, a senior company official says. Chief operations officer Selva Kumar said Apex’s first aircraft, an ATR 72-600, would arrive in Nay Pyi Taw in mid-February, with a launch planned for late March. […]

Myanmar targets 4.5m tourists in 2015

The Ministry of Hotels and Tourism has set an ambitious target, aiming to draw 4.5 million foreign visitors this year. The visitors are expected to spend US$2 billion in the country. According to Myo Win Nyunt, a director, the ministry has been busy enlarging travel zones and making other infrastructure improvement to help tourists. “The […]

Boat tours of Myeik islands attract tourists

MYEIK – The once-restricted islands in the southern Myeik Archipelago, in the Andaman Sea, offer picture-perfect white beaches and clear water. Since the easing of restrictions, more tourists are interested to visit the islands and tour companies are beginning to offer snorkelling trips as well as longer live-aboard tours. “Many visitors have been travelling to […]

Fishy business: industry urges against Thai deal

Representative of Myanmar’s fishing industry are lining up against renewing a contract to allow Thai firms to trawl in Myanmar’s waters in return for cash payments. The deal expires in March 2014, but many industry players say the agreement’s time has passed as it was initially implemented in 2004 to generate revenues in foreign currency […]

MIC grants permit for island hotel in Mergui national marine park

The Myanmar Investment Commission (MIC) has allowed a joint venture company to start a hotel business on an island that is part of a national marine park in the pristine Mergui archipelago. Kyaw Phyo Win Mauk Company and Mokan International Co. Ltd have been granted a 50 year lease on the white-sanded Phila Island, which […]