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 […]

Hotel investment reaches US$2.7bn

Foreign investment in the hotel sector has reached US$2.7 billion, Htay Aung, minister for hotels and tourism, said at a cooperation signing ceremony between Hoang Anh Gia Lai Myanmar and the Spain-based Melia Hotels International. “There are 47 hotels invested by foreign investors,” he said. Hotel investment is largely coming from Singapore, Vietnam, Thailand, Hong […]

Yangon’s Vietnamese development lands Melia hotel

Spanish hotel chain Melia Hotels International signed a deal yesterday that will place a five-star Melia brand hotel at a prominent Vietnamese-owned development. The Melia Hotel Yangon will be part of the mixed-use Hoang Anh Gia Lai (HAGL) Myanmar Centre next to the Sedona Hotel near Inya Lake. HAGL Group chief executive Vo Thuong Son […]

Line’s instant messaging software aims to take on local leader Viber

Instant messaging service Line aims to give Viber a run for its money after launching in Myanmar on March 24. The service is available on iOS and Android, and aims to woo users partly through its in-app innovations such as group chat and a range of emojis, or small graphics that can be interspersed in […]

Myanmar discusses lifting duty on rice exports to China

Myanmar is negotiating with Chinese officials to lift duty taxes on agricultural exports, including rice, bean, corn, and sesame, according to the Ministry of Commerce. Myanmar traders have had to resort to exporting rice in unnamed sacks to avoid the Chinese authorities’ quality controls. Some traders were arrested in April because China has not yet […]

More than 82,000 business tourist visits to Myanmar in 2013

YANGON—More than 82,000 tourists visited Myanmar with business visas-on-arrival last year, according to the Yangon international airport’s immigration department. Since June of 2012 Myanmar has allowed visas-on-arrival to 26 countries, including regional neighbours. An additional 22 nations, most of them European countries, were added to the list in February 2013, running up the total to […]

Visa on Arrival (VOA)

The Visa on Arrival (VOA) scheme has been in existence since June 2012. There were some initial hiccups in the system but all the kinks have been ironed out and the system is working smoothly now. The VOA scheme is targetted at business travellers. You should be able to get your business visa within 5 […]

Competition intensifies for Myanmar’s offshore oil blocks

Competition to win the contract to operate 30 offshore oil blocks in Myanmar coastal regions has intensified among Chinese, Indian and other global oil companies, said an industry observer. State-owned Myanmar Oil and Gas Enterprise (MOGE) has recently announced a list of international firms shortlisted for the tender of 30 offshore blocks- 11 in shallow […]