Proposed port and highway to align Ayeyarwady with Belt and Road

Ayeyarwady may follow Kyaukphyu and Dawei to be the next region in Myanmar to embrace a deep-sea port together with other infrastructure projects, with a feasibility of the scheme currently under progress. U Ye Lin from Myanmar Construction and Development Public Co said that a feasibility study is being carried out jointly with South Korea-based […]

Hotels Slash Prices Online as Part of Monsoon Season Promotion

Travellers and bargain hunters will fare well this monsoon season after more than 30 hotels around the country have announced they will slash prices as part of a promotion scheme by online hotel booking site Jovago. The promotion, which runs up until July 30, sees hotels offering discounts of 7 to 72 percent in a […]

Oil and Gas Sector Needs Efficient Pipelines

The Myanmar government urged EU companies to invest in the country’s energy sector as industry insiders noted that gas exploration is one of the biggest opportunities in the power-hungry Southeast Asian country. Xavier Preel, general manager of Total E&P Myanmar, said energy and infrastructure are the two main priorities of the current government. “Our counterpart […]

Free-Fallin’ Over Yangon

Myanmar’s first parachute federation is flying into Yangon. Since the 1990s, a group of 53 free falling enthusiasts have been jumping all over Myanmar. But only now is the Myanmar Parachute Federation becoming an officially registered non-governmental organisation. The country’s first parachute organisation joined the ranks of parachuting clubs around the world on May 27 at the official […]

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 […]

Villas to add variety to Ngwe Saung Beach’s real estate offerings 

​​ Ngwe Saung beach has seen an addition in its tourism industry. Having visited the beach resort area and been impressed by the scenery on offer, iGreen Construction Co decided to launch a villa-development project along the beach, targeting families visiting the area. The La Villa housing project focuses on people who want to have […]

6 hotels linked with Jovago offer 10 to 50 per cent promotion

To boost the number of travellers to Ngapali, six hotels linked with Jovago will offer 10 to 50 per cent promotion, it is learnt. Jovago has linked with a total of nine hotels in Ngapali which receive a small number of travellers mostly because of costs and difficulties in transportation. There are four wellknown beaches […]

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 […]

Luxury project planned in Ngwe Saung

A Hong Kong-Myanmar joint venture plans to build a luxury mixed use development aimed at high net worth individuals, to the south of Ngwe Saung village in Ayeyarwady Region. The project will include hotels, residential units, 20 kilometres of white sand beach, a jetty and a golf course. Hong Kong based H&Co Real Estate Holdings […]

Condo developers go small-town

As the market for condominium developments in Yangon becomes increasingly crowded, developers are looking at other locations across the country for opportunities to build new projects. Yangon’s skyline is changing quickly as developers race to build high-end condominiums, but elsewhere in Myanmar, the pace of growth has been much slower. Mandalay’s first condominium was built […]