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Residents, Some Lawmakers Oppose Hotel on Former Wildlife Area Near Inle Lake

Lawmakers of Nyaung Shwe Township, southern Shan State, have joined local residents in objecting to the proposed construction of a hotel on 90 acres of prime land in a village in the Inle Lake area. The Inle hotel zone already occupies more than 620 acres of land, and residents and lawmakers urged that there should […]

Nyaungshwe MPs reject proposal to construct hotel on floating island

TAUNGGYI- Four MPs including Inn Ethnic Affairs Minister Dr Tun Hlaing rejected a proposal to build hotel on the 90 acres wide of natural floating island belonging to the Department of Forestry in Mongthauk region, Nyaungshwe Township, Southern Shan State. The proposal was submitted by Myanmar Naing Groups. “We, all MPs from Nyaungshwe Township, denied […]

Unable to break protectionist curse, FMI bites the dust

FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]

Shan allows collection of entrance fees at Inle

The Shan State government has allowed local community organisations to collect entrance fees at Inle Lake so they can have funds to conduct conservation work on their own part of the lake. Speaking on Saturday, U Khin Maung Latt, general secretary of Save Inle Lake, said 16 civil society organisations and another six private associations […]

Myanmar Strategic Holdings in JV to operate Yangon private school

Myanmar Strategic Holdings (MSH) and Auston Institute of Management have formed a joint venture to set up and operate a private school in Yangon, according to an April 6 announcement by MSH, which is listed in London. As part of the agreement, MSH will provide the required funding, which is estimated to be around half […]

Myanmar woos Asian tourists amid Rakkhine crisis

YANGON — These are anxious times for Myanmar’s tourism industry, as the country’s international reputation takes a battering. But shares in Myanmar tycoon Serge Pun’s Memories Group — which includes hotel construction and travel management services — have defied the uncertainty. The company’s shares have risen 12.3% since their January 5 debut to 0.32 Singapore […]

Khiri connects travellers with Myanmar personalities, experts

Khiri Travel has created a new tour component which brings travellers into contact with some of the key eyewitnesses to Myanmar’s turbulent history – including Burmese royalty, artists and activists. Through the Personal Stories and Encounters – Meet the Leading Minds of Myanmar programme, tourists can meet Soe Win, a descendent of the last King […]

Bumpy Ride for Tourism Seen in 2018

The tourism industry this year went beyond expectations despite the sudden outbreak of violence in the northern Rakhine State that gave the country a negative image, but the sector is expected to face a more challenging environment next year. Tourist arrivals in the first 11 months this year was 20 per cent higher compared with the […]

Myanmar Tourism Marketing Announces Nearly 400 Balloons Will Be Launched During Myanmar’s Balloon Festival Starting 29 October

YANGON, Myanmar, October 24, 2017 (PRESS RELEASE JET) – Up in the mountains of Shan state, in the east of Myanmar is getting ready for a spectacular balloon festival. It will be held between 29 October and 3 November 2017. The event will see the launch of 393 traditional made paper balloons. In a remote […]

Political make-up a bottleneck for Shan economy

The political make-up of the state’s executive and legislature results in a lot of time and energy spent on negotiations instead of implementing sweeping economic reforms in Shan, according to a local chamber of commerce. The state needs political stability and it needs to generate value-added agricultural products in order to grow its economy. Shan […]