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Myanmar tourism pins hopes on European comeback

The Myanmar trade is taking on a more positive outlook of the European market, as they believe that the plunge in Western visitor numbers to the country due to the international media coverage of the Rakhine conflict has bottomed out. May Myat Mon Win, Myanmar Tourism Marketing’s (MTM) chairperson is seeing signs of recovery from […]

Myanmar approves five foreign businesses

The Myanmar Investment Commission (MIC) has approved five foreign businesses which will include a luxury island hotel, river cruises and a new wood factory. Mokan International Co Ltd, a joint-venture of Scandinavian-based Gecko Holdings Ltd and Kyaw Win Phyo Mauk Co Ltd (Myanmar), were given approval to develop a luxury hotel project on two islands […]