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Myanmar plans to attract more western travellers

Myanmar is planning to reduce visa restrictions on western countries such as France, Germany, Russia, Poland, Italy and Spain, according to Immigration Department from Yangon International Airport. The visit of travellers from western countries was reduced in recent years due to political affairs in Myanmar and hotel and tourism companies and respective ministries are cooperating […]

Tom n Toms plans Myanmar expansion

South Korean Cafe chain Tom n Toms has started to launch outlets in Myanmar. Tom n Toms Myanmar has opened two locations in Yangon so far, at the international airport and the Kantharyar Centre, with a third planned for Yankin Township. Information from Myanmar International Business Alliance Company operation director Aung Sithu Khant revealed a […]

Yangon Aerodrome Company announces new milestones and upgrades for Yangon International Airport

Yangon Aerodrome Company Limited (YACL) is increasing the capacity of Yangon International Airport (YIA), the gateway to Myanmar, and stepping up marketing to open new international routes, even as YIA is likely to close 2018 with the slowest growth in air passenger traffic in five years. At a media briefing today to announce the five […]

China ups its game in Myanmar’s SEZ race

CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]

Department to call for tenders to upgrade three domestic airports

Subscribe to our tender alert mailing list The tender call invites developers who are interested to upgrade the infrastructure projects through a public-private partnership (PPP) system, U Ye Htut Aung, deputy director general of DCA told The Myanmar Times. Public-private partnerships between a government agency and private-sector company can be used to finance, construct and […]

Yongnam, Changi Airport consortium is a step closer to Myanmar airport deal

A consortium comprising JGC Corporation, Yongnam Holdings and Changi Airports International has sealed a framework deal with Myanmar’s Department of Civil Aviation (DCA) to build and manage a new international airport in Yangon, Myanmar. The signing of the agreement marks an important step towards the eventual inking of the Hanthawaddy International Airport concession agreement, the […]

Asia World sells jade, mining, toll road businesses

Asia World Company, one of Myanmar’s largest conglomerates, has restructured its business, dropping its toll road, coal-plant, petrol station and mining interests, according to a company spokesperson. The aim is to “streamline operations and improve sustainability,” said the company in a statement. Asia World is owned by US-blacklisted businessman U Htun Myint Naing, who goes […]

Hotels in an empty capital

Myanmar’s new administrative capital, Nay Pyi Taw, has a mismatch in room supply and demand that is bigger than Kanye West’s ego. Greg Lowe reports why hotel groups are in there On first impression, Nay Pyi Taw is a model of efficiency: on arrival at the airport you can clear immigration, collect your luggage, change […]

Philippines Zest Airways to fly to Myanmar

SEOUL, South Korea—Budget carrier operator Zest Airways Inc. will soon expand its operations to include Myanmar, after it bagged a third of the recently acquired seat entitlements to the Southeast Asian nation. The Civil Aeronautics Board (CAB) earmarked 1,260 seats to Yangon for low-cost carrier AirAsia Zest, its CEO Joy D. Caneba said in an […]

Yangon to improve airport facilities

YANGON, 28 November 2013: Yangon International Airport’s domestic departure lounge will be replaced by an entirely new building over the next 18 months, authorities confirmed this week. Airport general manager, Win Ko said: “The departure lounge will be demolished and rebuilt. Until it is ready we will have to use the lounge provided for VIPs […]