Asia World sells jade, mining, toll road businesses

Asia World Company, one of Myanmar’s largest conglomerates, has restructured its business, dropping its toll road, coal-plant, petrol station and mining interests, according to a company spokesperson. The aim is to “streamline operations and improve sustainability,” said the company in a statement. Asia World is owned by US-blacklisted businessman U Htun Myint Naing, who goes […]

Luxury project planned in Ngwe Saung

A Hong Kong-Myanmar joint venture plans to build a luxury mixed use development aimed at high net worth individuals, to the south of Ngwe Saung village in Ayeyarwady Region. The project will include hotels, residential units, 20 kilometres of white sand beach, a jetty and a golf course. Hong Kong based H&Co Real Estate Holdings […]

Condo developers go small-town

As the market for condominium developments in Yangon becomes increasingly crowded, developers are looking at other locations across the country for opportunities to build new projects. Yangon’s skyline is changing quickly as developers race to build high-end condominiums, but elsewhere in Myanmar, the pace of growth has been much slower. Mandalay’s first condominium was built […]

Untouched Kabyar Wa beach faces an uncertain future

The salty, humid breeze off the Andaman Sea soughs through the sparse pine trees on the edge of the shore and rolls as far as the clumps of areca palm farms along the ridgeline. The early May sun is high in the cloudless sky, and the waves are placid and slow. Kabyar Wa, arguably one […]

Success brings its own trouble for Yangon getaway

Catering to holidaymakers when the sun is shining, then returning to a former job in the rainy season means two income streams for most families living at Yankin Tha riverfront. The getaway site, located about 30 miles (48 kilometres) west of Yangon near Ayeyarwady Region’s Nyaungdon town, has created something of a boom for what […]

Myanmar Takes Precautions to Avoid SEA Games Blackouts

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Yangon — Lacking confidence in the national power supply system, Burma’s Ministry of Sports will use generators for the opening and closing ceremonies of the Southeast Asian Games in Naypyidaw in December. The director of the ministry’s Public Affairs and Education Department said […]

Hotel charges vary according to visitor’s status during SEA Games

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 The Ministry of Hotels and Tourism has made changes in hotel charges to media, observer and sports fan for foreigners depending on the region during the Southeast Asian Games (SEA Games). The media permitted by the Olympic Committee need to send their lists […]

Redlink to provide free Wi-Fi for 27th SEA Games

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 YANGON, July 26 (Xinhua) — Host Myanmar will provide Wi-Fi free zones in Yangon and Ngwe Saung beach during the upcoming 27th Southeast Asian Games to be held in December, local media reported Friday. The services are provided by RedLink Communications Company of […]