Belt and Road, Kaladan and the future of Rakhine’s economy

THE economy in the resource-rich Rakhine State is throttled by the crisis as well as the accompanying international backlash, dashing any hope of massive foreign investment in the near future. In the meantime, local communities in Kyaukphyu have demanded the stake ratio of the proposed Kyaukphyu port to be restructured so as to allow a […]

Myanmar strives for more reforms to boost tourism

Despite the decline in tourist arrivals last year, Myanmar aims to rebound its tourism growth by undertaking reforms to improve both domestic and international travels, says a tourism boss. Tint Thwin, director general at the Directorate of Hotels and Tourism, said in an interview the government now focuses on easing of some restrictions and creating […]

Myanmar aims to attract more travelers from Japan

The ministry will be setting up booths which will showcase the pristine beaches and islands of the Myeik archipelago. Regional tourism ministers of Tanintharyi Region, Kayah, Rakhine and Kayin states would also be attending the expo to promote tourism development in their areas, the Ministry of Hotels and Tourism said. Among those that will be […]

Myanmar’s Tourism Destination Dreams Fade Amid Empty Hotels

With its sweeping view of the Shwedagon Pagoda, a glittering golden stupa and Myanmar’s top cultural attraction, the Esperado Lake View Hotel should be in an enviable spot. Yet, just two years after it was built, this four-star hotel sits half-empty for many months at a time, according to manager Nero Kyaw Wai. “We aren’t seeing […]

Collier Property Market Report – Ngapali Beach Hotel & Resort 22nd June 2017

Stronger investment interest surfaces in Ngapali The increasing global awareness along with the rising confidence in domestic tourism is now driving Ngapali’s (Thandwe township) hotel market to new heights. Once a sleepy town engaged mostly in farming and fishing, Ngapali is fast evolving, now recognised with international accolades as Asia’s next beach destination. In fact, […]

Tourism Ministry to Expand Arakan State’s Thandwe Airport

RANGOON — The Ministry of Hotels and Tourism is looking to further expand Thandwe Airport in southern Arakan State to accept large passenger planes from international destinations and serve foreign tourists wishing to visit nearby Ngapali Beach. Hotels and Tourism Minister U Ohn Maung revealed the plan at a meeting with a local hotel business […]

Myanmar Companies Ramping up Tourism Industry

YANGON — Leading companies in Myanmar are building up the tourism industry in a bid to capitalize on the increasing number of foreign visitors to the Southeast Asian country since democratic reforms took place. First Myanmar Investment signed an agreement in October with its Singapore-listed affiliate Yoma Strategic Holdings and other companies, including SHC Capital Asia, […]

Luxury development to launch in Myanmar’s Ngwe Saung

A NEW mixed-use development is coming to Ngwe Saung’s shores by end-2017, where it will raise luxury standards, room inventory and tourism infrastructure. Developed by Karaweik Coast, a joint venture company by Hong Kong-based H&CO Real Estate Holdings and Myanmar’s Mya Bay Development Company, the project will come with 512ha of hotel space along 8km […]

Monsoon hits Mandalay’s tourism

Popular destinations in Mandalay have seen a significant decline in the number of tourists arrivals this month, as the monsoon season has arrived. The wet season runs from May to September. “Visitor numbers have declined during May. Yet, tourists from Thailand and China visit Mandalay almost every day. In the past years, boat drivers had […]

Airlines rely on local customers

Domestic airlines mainly depend on local travellers as tourist arrivals decline during the rainy season, sources say. Myanmar has 10 domestic airlines including Air Bagan, Air KBZ, Air Mandalay, Yangon Airways and Golden Myanmar Airlines. Most cater services to serve tourism, flying round the main tourist destinations like Yangon, Mandalay and Bagan. The monsoon season […]