Myanmar’s New Economic Zone Attracts Foreign Interest But Local Ire

YANGON (Thomson Reuters Foundation) – Looking north from Myint Win’s farm, across rice paddies and past bamboo huts, a massive new industrial development on the outskirts of Myanmar’s biggest city gleams in the distance. The buildings sprang up during the first phase of developing the Thilawa Special Economic Zone (SEZ), a 6,200 acre (2,500-hectare) industrial […]

E-visas for business travellers at border gates

The e-visa system for visitors to Myanmar will be open to business travellers entering the country through border gates. The system has been in place at Yangon International Airport since July 1. In the past, e-visas were only granted to tourists. “We are planning to open the e-visa system at border gates. Currently, e-visas are […]

MAI to start its first flight to UAE in 2015

Myanmar Airways International (MAI) will fly its first flight to United Arab Emirates (UAE) in 2015, sources from MAI say. “We have no arrangements to fly to UAE during this year. MAI is arranging the flights to UAE in 2015 to get market shares from Europe,” MAI’s marketing and public relations manager Aye Maya Thar […]

Number of hotels on the rise: Tourism ministry

The number of star-rated hotels, motels and guesthouses in Myanmar has reached 923, with more than 300 guesthouses in operation by the end of last year, according to the Ministry of Hotels and Tourism. The ministry said there are six five-star hotels, 17 four-star hotels, 83 three-star hotels, 116 two-star hotels and 102 one-star hotels […]

Japan tire companies to buy raw rubber products from Myanmar

Japan tire companies are planning to import raw rubber from Myanmar, sources say. Japan needs approximately 700,000 to 800,000 tons of rubber per year for its tire companies. Technicians from Japan will provide technical aid to the Myanmar rubber industry to match Japan market standards. Japan has planned to buy the rubber once it matches […]

Thailand’s Sika eyeing to invest in Myanmar construction sector

The first and largest specialty chemicals company in Thailand, Sika, is planning to enter Myanmar’s construction sector, sources say. The company applied to the Directorate of Investment and Companies Administration (DICA) to open a branch office in Myanmar and the DICA approved its proposal on October 4. Sika (Thailand) was founded in 1989 and is […]