Legislator questions hotel project at defence museum

A legislator on Tuesday asked the parliament for more details about a US$320 million hotel project at the Defence Services Museum. U Kyaw Zayar, Hluttaw representative of No.2 Dagon township, said he wanted to know the agreement about this project and how the people can benefit from it. The legislator also wanted to know if […]

Boris Johnson caught on camera reciting Kipling in Myanmar temple

The foreign secretary has been accused of “incredible insensitivity” after it emerged he recited part of a colonial-era Rudyard Kipling poem in front of local dignitaries while on an official visit to Myanmar in January. Boris Johnson was inside the Shwedagon Pagoda, the most sacred Buddhist site in the capital Yangon, when he started uttering […]

Marking 70 Years of US-Myanmar Relations

Today we commemorate a milestone anniversary in the relations between the United States and Myanmar. It was 70 years ago today, on September 18, 1947, that the US Department of State announced that the governments of Burma and the United States had “agreed to exchange representatives with the rank of ambassador.” That announcement was made […]

Why Myanmar is important to Japan

From the Thilawa Special Economic Zone (SEZ) to a large-scale mixed development project just opposite Shwedagon Pagoda in the heart of Yangon City, Japan’s presence in Myanmar is growing fast. Since 2012, its combined investments in Thilawa and that approved by the Myanmar Investment Commission (MIC) have risen by 6.3 times, to US$341 million in […]

YouTube video on Myanmar Culture Shock goes viral

  A YouTube video that is quickly going viral points out the most memorable things about Yangon from the point of view of a former resident, including the large numbers of stray dogs, men in longyis, frequent power cuts, and the grandeur of the Shwedagon Pagoda. The video, titled “5 Culture Shock in Myanmar”, posted […]

Vietjet to commence Hanoi – Yangon route

Kuala Lumpur – Vietjet recently launched its newest international route connecting Hanoi (Vietnam) with Yangon (Myanmar). The ceremony was witnessed by Mr. Pham Binh Minh– Politburo Member, Deputy Prime Minister and Minister of Foreign Affairs of Vietnam and high-ranking dignitaries from Vietnam and Myanmar. The launch of the new route is timed perfectly to complement […]

Korea’s LOTTE to launch hotel, serviced apartments in Yangon

Korea’s LOTTE group will launch its awesome resort hotel and serviced apartments in Yangon on September 1 beside the picturesque Inya Lake in its march to become one of Asia’s formidable business conglomerates. Founded by Korean businessman Shin Kyuk-ho in Japan in 1948, LOTTE expanded into South Korea in 1967 with a range of confectionery […]

Questions Raised About $300 Million Downtown Development Project

YANGON — Land clearing and demolition for a project worth more than US$300 million on the former site of a Defense Services Museum, near Shwedagon Pagoda, has prompted a lawmaker to inquire about the initiative in the upcoming parliamentary session. U Kyaw Zay Ya, a Yangon regional lawmaker representing Dagon Township—where the site is located—told […]

Japanese joint-venture plans Yangon hotel

Hotel Okura Co Ltd said it would develop the luxury Okura Prestige Hotel with Ayeyar Hinthar Holdings Co Ltd in Yangon by 2020, with five more hotels due in the next five years. The company expects to sign a contract with Yangon Technical and Trading Co Ltd, a subsidiary of Ayeyar Hinthar, in August, working […]

New mega-complex project approved near Yangon’s Shwedagon Pagoda

A Japan-led consortium has officially obtained permission to build a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. Development of the US$332.5 million project will begin this year on the former site of the military museum across 16,000 sq m of land. It will comprise a high-grade […]