Myanmar, Thailand ink agreements on airlines, shrimp breeding

Myanmar and Thailand yesterday signed several agreements which further cemented ties between the two countries. These included a bilateral airline agreement, inked at the Myanmar Foreign Minister’s office, as well as a second agreement to improve an existing shrimp breeding zone with the aim of facilitating development in Rakhine State. The agreements were signed after […]

Myanmar’s state-owned enterprises show how much reform is still needed

NOTHING has been made in the engine factory in Thagaya, in the south of Myanmar, since April last year. Yet around 350 employees still turn up each day. In 2016 government-owned factories like this one made a loss of more than $200m. When Myanmar moved from military dictatorship to a form of democracy, its new […]

Multiple Airlines Moved to Yangon International Airport’s Terminal 1

Yangon International Airport recently opened two terminals on the first week of July relocated all airlines in terminal 2 to terminal 1, and commenced operations at terminal 1 on July 27, 2018. There are 11 airlines that are making the switch including: Air India, Biman Bangladesh Airlines, China Airlines, Malaysia Airlines, Jetstar, Qatar Airways, Thai, […]

Myanmar’s two domestic airlines stop operations

YANGON, July 18 (Xinhua) — Myanmar’s two domestic airlines Air Bagan and Apex Airlines have stopped their operations, surrendering their air operator’s certificates (AOC) to the authorities recently, local 7Day Daily reported Wednesday. Shortage of aircrafts and economic loss forced the domestic airlines to stop their operations. In accordance with Myanmar Aviation Act, the airlines […]

U Thein Tun picks Bagan as first hotel destination

MYANMAR businessman U Thein Tun extended his hospitality business portfolio to Bagan on September 21. The new hotel under the brand Bagan Star already has 81 rooms up and running. (U Thein Tun also owns Myanmar Consolidated Media, which publishes The Myanmar Times.) “Bagan is very attractive, with a great potential for the tourism industry […]

Number of tourists visiting Mandalay rises by 26%

The number of tourists visiting Mandalay, the second largest city in the country, was 242,566 in 2014 and it rose to 306,432 in 2015 which is a 26% increase, the Mandalay Hotel and Tourism Department said on 9 January. Most of the tourists were from China, Thailand, France, Germany and the United States of America. […]

Airlines rely on local customers

Domestic airlines mainly depend on local travellers as tourist arrivals decline during the rainy season, sources say. Myanmar has 10 domestic airlines including Air Bagan, Air KBZ, Air Mandalay, Yangon Airways and Golden Myanmar Airlines. Most cater services to serve tourism, flying round the main tourist destinations like Yangon, Mandalay and Bagan. The monsoon season […]

Myanmar approves commercial helicopters

YANGON, 11 February 2015: Myanmar’s Civil Aviation Department recently granted Air Myanmar Aviation Service permission to operate the first-ever commercial helicopter service. The Xinhua news agency reported the company would use two AS350 B3 helicopters for charters, survey flights and medical evacuation. “Myanmar is upgrading its aviation business as tourist arrivals in the country grow […]

Myanmar eyes 5m international arrivals next year

Myanmar’s international arrivals are expected to exceed 5 million next year as the country’s private sector strengthens its overseas marketing, including in Thailand. Representatives of 17 hotels, resorts, restaurants and airlines from Myanmar were in Bangkok yesterday to meet with local buyers at the “Asean Travel Business Matching” event, organised by the Thai Travel Agents […]

Myanmar Airways to hold talks with ATR Airbus Group

YANGON — With the impending arrival of new aircraft earlier than the scheduled delivery time, officials from state-owned Myanmar Airways will visit France to hold talks with French Aerospace Company (ATR), according to Myanmar Airways’ report. The Myanmar Airways signed an agreement on May 6 to buy six new aircraft from ATR and to open […]