Swiss-style apprenticeships for Myanmar craftspeople

In a large shed in the north of Yangon, Myanmar’s future craftspeople practice their skills. The saws are roaring, the students discussing aloud. But when U Nay Lin is speaking, his apprentices listen to him quietly. The teacher of future cabinet makers shows his students a three-dimensional drawing of a jewellery box, asking them to […]

Central Bank of Myanmar prepares action plan to stop dollar payments

While the kyat predominates in most domestic transactions, foreign currencies are still widely used. Many tourism businesses targeting foreigners deal in foreign currency, while importers and exporters make extensive use of dollars, and international companies often prefer their own currencies. Letter 904/2015 from the Central Bank of Myanmar’s Foreign Exchange department posted to its website […]

Authorities grapple with restaurants cheating on tax

A Scheme for tax labels to be affixed to local restaurant receipts is running up against widespread cheating, according to insiders. While some restaurants have taken to assiduously placing the stickers on each receipt, many others leave them off and avoid paying the taxes. “Different restaurants are taking different approaches,” said one 31-year-old resident of […]

Bomb fallout hits tourism sector

Hotel and tourism-reliant businesses have begun to feel the fallout from the bombings in Yangon and across the country last week, including one at Traders Hotel, while others in the private sector are concerned about lasting damage to tourism as the country approaches the high season. With a dozen bombs found or exploded last week, […]

Restaurant association wins SEA Games food tender

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Athletes competing in the 27th Southeast Asia Games in Nay Pyi Taw will be served the finest food Myanmar has to offer. U Khin Aung Htun, vice chairman of the Myanmar Restaurant Association, made the pledge at a press conference called to announce […]