FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]
Hotel occupancy rate along Ngapali beach declines by 11 percent
April 30, 2018 by
Although there have been more than 900 hotel rooms along the Ngapali Beach in Thandwe, Rakhine State, decreased number of visitors made the average occupancy rate decline by 11 percent in 2017 compared to the previous year, according to a property report (2017) published by Colliers International (Myanmar) based in Canada. Last year saw only […]
Rakhine’s Tha Htay Chaung Hydro Dam Nearly 50 Percent Complete
May 16, 2017 by
Construction on the Tha Htay Chaung Hydropower Dam in Rakhine State is almost 50 percent complete, with electricity production to begin in the next few years, according to the regional government. The project has reached 42.74 percent complete at a cost of K17 billion, said U Aung Naing Tun, director of the Tha Htay Chaung […]
Myanmar’s beach destinations to watch
May 3, 2017 by
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 […]
Rakhine’s coastal waters still plagued by off-shore fishing vessels
September 2, 2016 by
The illegal entry of off-shore fishing vessels into Rakhine State’s shallow, coastal waters has reportedly see a depletion in amount of fish being caught by near-shore fisherman, Myitmakha News Agency has been informed. The Department of Fisheries has demarcated a territory ten-miles from the shore as an area exclusive to near-shore fishing vessels, but off-shore […]
MNA creates regional network
August 19, 2015 by
The airline is taking delivery of leased Boeing 737-800s that will be used to launch the routes. The next batch of new planes are expected to arrive in early October, and they will be used to start regular flights to Hong Kong and Taipei beginning in November. MNA CEO, U Than Tun, told local media […]
Airlines rely on local customers
June 1, 2015 by
Domestic airlines mainly depend on local travellers as tourist arrivals decline during the rainy season, sources say. Myanmar has 10 domestic airlines including Air Bagan, Air KBZ, Air Mandalay, Yangon Airways and Golden Myanmar Airlines. Most cater services to serve tourism, flying round the main tourist destinations like Yangon, Mandalay and Bagan. The monsoon season […]
IGE’s power project to face further delays
May 25, 2015 by
A hydropower station first conceived in 2003 will require a further four years of work, costing an estimated K230 billion more, parliament heard on May 18. Deputy Minister for Electrical Power U Aung Than Oo told Amyotha Hluttaw that the Thahtay hydropower project on Thahtay Creek, 20 kilometres (12 miles) northeast of Thandwe in Rakhine […]
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