Visa on arrival for Indians visiting Myanmar

Indians wishing to travel to Myanmar will soon be able to do so without applying for a visa beforehand. Starting August 8, the Myanmar government is set to provide visa on arrival facility, suspending the special land entry permission which was formerly required for visitors entering the country via land routes. The Myanmar government decided […]

Myanmar Suspends a Show Money Policy for Certain Visitors

A notice was released August 1, suspending the policy requiring that Japanese, Korean and Chinese tourists are to show $1,000 as a proof of funds. This change in policy came after the Ministry of Hotel, and Tourism faced opposition. Even coming from the tourism sector itself. The order was released on July 20, granting a […]

Chinese, Japanese, S. Koreans to Get Visas on Arrival from October

YANGON—Amid declining tourists numbers during the first half of the year, the government on Tuesday announced a plan to ease visa requirements for Japanese, South Korean and Chinese citizens effective Oct. 1. According to the Hotel and Tourism Ministry, citizens of Japan, South Korea and China will be able to request visas on arrival at […]

Myanmar to trim Kyaukphyu cost but drops Annan’s strategic review suggestion

Nay Pyi Taw’s plan to reduce the cost of Kyaukpyu Special Economic Zone, including the proposed deep-sea port, will help cap its external debt load and avoid repeating Sri Lanka’s Hambantota’s precedent, according to London-headquartered research firm BMI Research. At the same time, a government committee has dropped any mentioning of commissioning a Strategic Environmental […]

Yoma Strategic unveils new plans, new name

The family-run holdings company behind Yangon luxury developments Pun Hlaing Estate, StarCity and Yoma Central announced on June 26 that the real estate portion of their business dealings will be rebranded under the name Yoma Land and that they will also be delving into “mass market product offerings.” While Yoma Land Managing Director Cyrus Pun […]

Basic Energy buys stake in 2 Thai EPC firms working on 220 MW Myanmar PV project

The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar. Philippine-listed energy developer Basic Energy has purchased a 15% stake in two Thai EPC contractors, Vintage EPC Co. Ltd (VEPC) and VTE International Construction […]

Myanmar to showcase investment projects, reforms in Hong Kong’s Belt and Road forum

The newly-appointed chair of Myanmar Investment Commission (MIC) U Thaung Tun, who is also Union Minister at the Office of the Union Government, is going to lead a delegation to the third annual Belt and Road Summit in Hong Kong this week. Demonstrated by the major economic reforms we have implemented over the past year, […]

New GMs for Hotel G in Yangon, Singapore

Hotel G Yangon has welcomed a new cluster general manager, Serge Rigodin, who will also lead the nearby Inya Lake Hotel. A native of Grenoble, France, Rigodin has managed a number of other GCP Hospitality properties, most recently the 308-room Hotel G Singapore. Prior to Singapore, Rigodin was director of residences at Embassy House, a […]

Myanmar hires China Communications to survey bold new city

Myanmar’s plans to build a city twice the size of Singapore took a step forward this week with the signing of a framework agreement with China Communications Construction Company (CCCC) to conduct preconstruction surveys as a prelude to the $1.5bn first phase of the scheme. It may not be CCCC, a huge state-owned company, who […]

Telenor gears up to offer a Myanmar record for data speeds

AS MOBILE data consumption in Myanmar soars to some of the highest levels in the world, Telenor Myanmar plans to offer its subscribers a record speed for the country of 1 gigabyte per second (Gbps) in the near future, said Lars Erik Tellmann, the firm’s chief executive officer. Tellmann said at a press briefing on […]