fbpx

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 […]

Accor flies Mercure flag in Yangon

YANGON, 26 April 2018: After an extensive renovation, AccorHotels officially raised the first Mercure flag over a property in Myanmar’s commercial capital last week. Unofficially, the former Micas Hotel Apartments was rebranded Mercure Yangon Kaba Aye in the third quarter of 2017 and remained open for business, during a renovation that ended in March. Last […]

Belt and Road should not dictate infrastructure priorities: Melvyn Pun

Beijing’s Belt and Road Initiative (BRI) should not dictate Myanmar’s infrastructure priorities despite the importance of Chinese finance, according to the head of Yoma Strategic. Infrastructure should be developed for Myanmar’s national interest. During the 2nd ASEAN-Myanmar Forum hosted by the Singapore Institute of International Affairs in Sedona Hotel yesterday, Melvyn Pun, the chief executive […]

Rangoon Drafting Master Plan for Controversial Projects in Mya Kyun Tha

RANGOON — City officials are now drafting a master plan for multiple suspended construction projects on the site of a public garden occupying a peninsula in Rangoon’s Inya Lake. Four companies—Magic Land (which leased 13.864 acres), Nayla Pwint (2.686 acres), Ryu Ji (1.377 acres) and Mandalay Golden Wing (1.83 acres)—had been constructing projects of up […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of Jan & Feb 2017

Name, Venue & Organizer Date Myanmar Oil and Gas Summit, Sedona Hotel,Yangon, Oliver Kinross Ltd. 26-27 Jan 2017 Myanmar International Franchise & SME Expo, Tatmadaw Exhibition Hall, Yangon, Myanmar, 981 Creative Myanmar Co., Ltd. 19-21 Jan 2017 Myanmar International Education and Career Fair, Tatmadaw Hall, Yangon, Myanmar, Dagon Exhibitions. 20-22 Jan 2017 AAPG, EAGE, MGS […]

Education Ministry Wants to Take Back Rangoon Land from Property Developer

RANGOON — Burma’s Ministry of Education now wants Parliament to help it take back a valuable parcel of land that the former government gave away to international developer Marga Landmark. The 17.7-acre tract, situated in a prime location close to Rangoon’s Inya Lake and the Sedona Hotel, once belonged to the Ministry of Science and […]

Singapore carriers exploring possibility of multi-city flights within Myanmar

YANGON – Singapore is looking to introduce multi-city flights within Myanmar by its carriers Singapore Air or Silkair, as part of a series of ways the two countries can cooperate more closely. PM Lee Hsien Loong gave these updates on Wednesday (June 8) at a reception with Singaporeans in Yangon at Sedona Hotel, built by […]

Keppel Land builds up Myanmar presence with expansions

Keppel Land is strengthening its hotel and commercial portfolio in Yangon, Myanmar’s rapidly developing leading city. The Singapore-listed property firm yesterday held a topping-off ceremony for its joint venture project, Junction City Tower, which is being developed jointly with Myanmar-based construction company Shwe Taung Group. Keppel Land holds 40 per cent of the project with […]

YCDC planner targets 30 percent parkland

It isn’t easy keeping Yangon green, what with the heat, developers’ voracious appetite for empty land, and the council’s lack of resources. But municipal officials say they are hopeful they can more than double the amount of green space in Yangon under a new zoning plan, taking the figure up to 30 percent. U Toe Aung, a […]

New location for cancelled Shwedagon project

  The Myanmar Investment Commission has given Marga Landmark approval to build its mixed-use project on a new site, after the president called off the Hong Kong-based developer’s project last year, deeming the initial location too close to Shwedagon Pagoda. The project will now be built on 17.7 acres at the corner of Kabar Aye […]