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Yangon approves $238M in hotel, tourism investments

Yangon’s Regional Tourism Committee recently announced that investments totalling US$238 million and K119.63 billion were approved for the region’s hotels and tourism sector between May and August. In the same period, the committee approved investments for 33 new hotels and eight guest houses, approved 18 new hotels, 400 new travel agencies, and 200 tour guides. […]

YACL to work with govt in effort to lure European tourists as growth slows

Yangon Aerodrome Company Ltd (YACL) is in negotiations with Lufthansa for the German airline to operate a direct flight between Frankfurt and Yangon. The move is part of efforts to lure European visitors back to Myanmar, Mr. Jose Angeja, chief operating officer of YACL, told The Myanmar Times on November 15 during a press conference […]

Confusion emerges after foreign liquor ban

At a liquor store in downtown Yangon, bottles of whisky and wine are on display. Upon closer inspection, one soon notices that wines from Argentina to New Zealand are for sale, but only whiskies made locally are available. “Foreign liquors are not on display because we are not allowed to sell them,” the sales assistant […]

Amata Holding to deploy Bell helicopters in Mergui

Tourism and hotels company Amata Holding Public Co Ltd is in negotiations with representatives of an American aviation company for a deal that could bring helicopter transportation and sea plane flights to the Mergui archipelago in Kawthaung, Tanintharyi Region in the south of Myanmar. “We intend to start helicopter and sea plane operations around the […]

Arrival and departure cards cancelled

Visitors will no longer need to fill in the Arrival and Departure cards at the Yangon, Mandalay, and Nay Pyi Taw international airports. The measure will start September 12, according to the statement made by the Ministry of Labor, Immigration and Population. The cancellation is an effort to promote tourism and draw more foreigners to […]

Tour operators barely surviving due to “incredibly shaky” demand

Small tour operators are on the verge of collapse as market demand in the tourism sector took a hit among Western visitors, as bookings for the impending peak season are “incredibly shaky”, according to a local company. In addition, hopes on wooing Asian investors were dashed by the now-abandoned “$1,000 in cash per tourist” entry […]

Govt reiterates commitment to attract Asian tourists

The Ministry of Labor, Immigration and Population has yet to release an official statement cementing an August 1 decision with the Ministry of Hotel and Tourism to suspend the practice of requiring tourists to show US$1000 in cash upon arriving in Myanmar. According to the statement released to tour companies by the Ministry of Hotel […]

Fixing the tourism industry

The govt wants to lure tourists back to Myanmar. Will its efforts work? The Myanmar tourism industry has suffered from a big drop in tourists due to the unfolding refugee crisis in northern Rakhine. With the number of visitors from the US and Europe declining sharply over the past year, some tour companies and hoteliers […]

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 […]

Memories Group makes first acquisition in Myeik as tourist interest rises

Mr Serge Pun, executive chairman of Singapore-listed Memories Group, has bought luxury yachting business Burma Boating in Myeik, Tanintharyi Region, for K1.3 billion from Tint Tint Travel and Tours Company and Freepier. It is the first acquisition for Memories Group since the company listed on the Singapore Exchange in January and marks the first step […]