No open tender for Nyaung-U airport upgrade

Subscribe to our tender alert mailing list The Nyaung-U airport in Mandalay Region will be upgraded into international airport soon, with the support from the Japanese government, U Ye Htut Aung, deputy director-general of the Department of Civil Aviation (DCA) told The Myanmar Times on August 28. The airport is near the tourist destination Bagan […]

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 […]

Collier Property Report: Myeik (Mergui) Archipelago

The Can-Do spirit readies Myeik for take off Author: Tony Picon – Vice Chairman – Colliers Myanmar A strong, dynamic business community located in an area with abundant natural resources bodes well for the potential development of Myeik (formerly Mergui) both as a tourist destination supporting the beachfront islands of Myeik archipelago but more importantly […]

The Kra Canal that cuts Thailand into two – will it become a reality?

The ancient dreams of constructing a canal across the Kra Isthmus had been rekindled. A few weeks ago, there was a news item in the local media in Thailand related to the revival of the idea of building a canal across the narrow strip of land, geographically known as the Malay Peninsula, in Southern Thailand. […]

Myanmar’s edible bird nest industry comes home to roost

The cries of amorous swiftlets echo around the dark room, an unlikely gold mine for traders in southern Myanmar who are cashing in on rising demand for the edible nests from China’s growing middle class. Dozens of buildings dedicated to the tiny birds have sprung up around Bokpyin in recent years, their grey concrete structures […]

Myanmar’s beach destinations to watch

Myanmar’s four key beach destinations – Ngapali, Kawthaung, Ngwe Saung and Chaungtha – are emerging as up-and-coming tropical getaway spots in Asia, each with its own distinct characteristics. According to C9 Hotelworks’ new Ngapali Beach Tourism Market Review, the impact of more airlift to Ngapali’s main gateway of Thandwe last year pushed growth up 28 […]

Myanmar- Thai Border Trade Rises $200m

​​ Myanmar’s border trade with Thai­land increased by about $200 million in the current fiscal year 2016-2017 as of March 3rd, as compared with the same period of the last fis­cal year, official media re­ported last Thursday. Myanmar-Thai bilateral border trade amounted to $1.2 billion while that of the last fiscal year was $1 billion […]

Border trade value using Individual Trading Card reaches over US$6.6 billion

The value of trade using the Individual Trading Card (ITC) as of 25th November in this fiscal year 2016-2017 reached over US$6.6 billion, about US$200million higher than that of last fiscal year, according to the Commerce Ministry. During the last fiscal year, the value of trade with ITC at the border gates was over US$6.4billion. […]

Maritime Trade Value Declines While Border Trade Value Increases

The value of trade through normal trade as of 11th November in this fiscal year declined by over US$328.406 million, while value of trade through border area increased by US$ 390.421million, according to the statistics provided by the Commerce Ministry. The value of exports as of 11th November in the current fiscal year was US$4,234.941million […]

Air KBZ to Operate International Flights to Chiang Mai

Air KBZ plans to launch its first international route on 2 December, when it will begin thrice-weekly flights from Yangon to Chiang Mai, Thailand, said Assistant General Manager Daw Aye Mra Thar. The Myanmar airline planned to begin the new flight in November, but could not do so because of negotiations with Thailand authorities. A […]