Novotel returns to Myanmar with Inle Lake opening

ACCOR opened Novotel Inle Lake Myat Min yesterday in southern Shan state, marking the brand’s comeback to the country, which once had a Novotel at Mandalay. Located on the east bank of Inle Lake, the four-star resort features 60 Junior Suites, 60 Lake Villas and two Presidential Villas, each offering separate living areas and bedrooms. […]

Myanmar’s Mergui Archipelago: Is tourism a force for good?

As resort developers sense the money to be made in Myanmar’s Mergui Archipelago, Nigel Richardson sails around its 800 islands and realises what is at stake In Biggles Delivers the Goods our eponymous goggled hero flies north over the Andaman Sea on a mission to thwart the Japanese: “To the right, the horizon was defined […]

Thailand’s Buritara eyes Yangon in expansion plans

BURITARA DEVELOPMENT CO has set aside an investment budget of Bt2 billion to develop condominium projects in tourist destinations in Thailand, Myanmar and Laos this year and next. Half of that will be spent this year to develop three projects in Bang Saen and Pattaya, and the rest in 2015 to develop condo projects in […]

Mergui Archipelago’s Kadan Island Slated for $4m Resort

YANGON — The Myeik Public Corporation plans to invest US$4 million in a resort on Kadan Island in the Mergui Archipelago next year, according to Kyaw Myo Paing, the manager of the firm. The company, which earlier this year disclosed that it would spearhead four new tourism projects in the largely untouched Mergui Archipelago, said […]

Video: Myanmar Investment Opportunities – What you need to know

Learn about the investment opportunities that are revealed by the new legal framework in Myanmar This is the 1st in a 2-part video series on Investing in Myanmar. This video outlines the business opportunities for foreign investors in the Reserved Sector and the Restricted Industry. Discuss about the size of investment required to be successful […]

Map of Mergui Archipelago

The Mergui Archipelago is a group of 800 mostly uninhabited islands. There are around 2,000 sea gypsies that live on some of the islands, most of them are fishermen. You will find pristine islands with crystal clear water there. Excellent reef can be found around the islands. Mergui Archipelago has been touted as the next […]