Six properties in Myeik get greenlight to build hotels

The Myanmar Investment Commission has given permission to six properties in Myeik archipelago in Thanintharyi Region to construct hotels, U Nyo Aye, director of the Hotels and Tourism Department in Tanintharyi, told The Myanmar Times. Owners of the six properties, on Kyun Philar, Barlar, Phoe Ni, Wa Lal, 115 and Bo Nat Kyaw islands, will […]

Charcoal production in Myeik on the rise, spurred by higher domestic demand, illegal exports

The production and sale of charcoal in Myanmar has been on the rise in recent years and not just because of domestic demand. Based on an investigative trip to Myeik, Tanintharyi Region, recently, The Myanmar Times learned that a large, unrecorded volume of charcoal is being illegally exported to Thailand. In Yangon, demand for charcoal […]

Nationwide expansion to drive Wave Money’s growth

Though 80 per cent of the population remains unserved by Myanmar’s banking system, Wave Money aims to enjoy much higher growth over the next few years thanks to its continuous expansion of distribution network, said the firm’s top executive. Brad Jones, chief executive officer of Wave Money, said in an exclusive interview the firm has […]

Trade through Thai-Myanmar border gates increases

Trade through the Thai-Myanmar border gates from 1 April to 2 March of the current fiscal year (FY) was worth some US$1.33 billion, which is some $90 million more than the trade value achieved during the same period last FY, according to state media. Of the seven Thai-Myanmar border gates, Myawady gate is the major […]

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 […]

Myanmar calls for travel support

BERLIN, 7 March 2018: Myanmar Tourism Marketing has urged European tour operators to support tourism in the country and be leaders in sustainability by continuing to engage with Myanmar. They were speaking at a press conference on the opening day of ITB Berlin, Wednesday. The agency, made up of private and public sector organisation, promotes […]

Myeik, Myanmar sees maiden int’l ops

NewGen Airways (E3, Bangkok Don Mueang) operated a maiden flight out of its base at Bangkok Don Mueang to Myeik in southern Myanmar on February 23, 2018, the first international service out of the latter facility, the Myanmar Times has reported. The flights will be operated 3x weekly as charter services in cooperation with local […]

Direct flights begin between Myeik Airport and Bangkok

The Bangkok-based airline, New Gen Airways has begun direct flights between the Myeik Airport and Don Mueang International Airport in the Thai capital in cooperation with its local partner Tun Htaik Tin Company, a senior airline official told The Myanmar Times. U Thar Du, New Gen Airways’ country manager said the regular flights started on […]

Myanmar to hold pearl auction in Hong Kong to penetrate int’l market

YANGON, Feb. 22 (Xinhua) — Myanmar will hold its sixth International Pearl Auction in China’s Hong Kong Special Administrative Region starting Friday, the official Global New Light of Myanmar reported Thursday. In the three-day pearl auction with the aim of penetrating the international pearl market, Myanmar pearls of high value, produced from Myeik, the country’s […]

Ministries join forces to legalise casinos

Several ministries are in the process of repealing the 1986 Gambling Law that forbids the operation of casinos in the country in the hope that legalising gambling will spur tourism and boost revenue, but some people are lukewarm about the move. The ministries of Hotel and Tourism, Planning and Finance, and Home Affairs are spearheading […]