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New route Chiang Mai to Yangon

CHIANG MAI : AirAsia will introduce a new direct service linking Chiang Mai in North Thailand with Yangon in Myanmar. The three weekly service, scheduled Tuesday, Thursday and Saturday, will start 11 August. August is one of the lowest months for travel to Yangon and traffic from Chiang Mai will be even lower. However, there […]

Japan Inc. pours cash into Myanmar despite Rohingya crisis

YANGON — Japanese companies are investing aggressively in Myanmar with help from Tokyo, even as their European and American counterparts shy away while hundreds of thousands of Rohingya Muslims flee the country to escape persecution. Japan’s businesses were approved to devote a record $1.47 billion to the Southeast Asian nation for the fiscal year ended […]

Untangling Myanmar’s trade in human hair

Yangon, Myanmar – Aye Aye Thein, 55, cuts hair for a living at Insein market in the north of Yangon, Myanmar’s largest city. But unlike most hairdressers, she doesn’t charge her customers. Instead, she pays them. The country is a major source of human hair, feeding the global demand for wigs, weaves and hair extensions. […]

Mixed development project near Shwedagon Pagoda makes progress

Y Complex Company, a Japan-led consortium, yesterday held preliminary discussions to conduct the necessary environmental and social assessments required to commence development of a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. The Y Complex Company is led by Japan’s Fujita Corporation, Tokyo Tatemono Co and Japan […]

Yangon suspends property project near Mya Yeik Nyo Royal Hotel

Residents are objecting to a real estate development project earmarked for construction near the Mya Yeik Nyo Royal Hotel at Pale Street, Bahan township, as it is near Kokkine reservoir, which supplies water to nine townships in Yangon. Locals are concerned about potential damage to the reservoir and water pumping station, as well as obstruction […]

Mayor promises speedy review of high-rise projects

Yangon Mayor U Maung Maung Soe said the government did not suspend any additional construction projects involving high-rise buildings on March 6. He made the comments in the regional legislature. MP U Hla Thein from Tamwe township asked if the government has plans to greenlight the construction projects. “Suspending construction projects which have already started […]

Myanmar Strategic Holdings looks for investments in budget hotels, tourism

Enrico Cesenni, CEO of London-listed Myanmar Strategic Holdings (MSH), an investment holding company, is eyeing investments in budget hotels and tourism in Myanmar. “We feel that there is room to grow in the budget category rather than in the more expensive categories,” he told The Myanmar Times during a recent interview. Tourism is also interesting. […]

Yangon Heritage Building Reopens to Public

Tourists can now explore one of Myanmar’s most historical colonial buildings as Yangon’s iconic Secretariat opens to the public for the first time in decades. Now high hopes are being pinned on the 120-year-old building becoming a major tourist draw to Yangon, with the launch of tours led by Asia Tours Myanmar while work gets […]

Daring to Drone in Myanmar

Last week, a group of journalists were sentenced to two months in prison for flying drones in Myanmar, posing questions over the legality and feasibility of unmanned aerial photography in the country. Like many legal matters in Myanmar, the situation is murky. Lawyers interviewed by local media weren’t initially sure what laws the group would […]

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 […]