Myanmar taps high-value tourism

BANGKOK, 8 June 2015: Myanmar’s priority is to tap high value tourism according to a Myanmar Tourism Marketing report during a briefing at the Thailand Travel Mart Plus 2015 late last week. The organisation’s marketing manager, Tin New Wynt, said tourism was earlier identified as one of the top five priority sectors in Myanmar to […]

Central Bank to limit payments to only the kyat

The Central Bank of Myanmar is moving to strengthen the kyat’s use in the local economy, eventually pushing the country’s hotels, restaurants and shops to list prices only in the local currency. It has issued a letter directed at government ministries and regional governments, stating they must use only local currency for charges as well […]