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Myanmar National to seek foreign funds for fleet upgrade

Myanmar National Airlines (UB, Yangon) will seek foreign investors to finance the upgrade of the carrier’s international fleet and it has also approached the Myanma Port Authority in this regard, Director U Myint Aung has told The Myanmar Times. The Myanmarese flag carrier has been unprofitable since its corporatisation in 2013 but hopes to post […]

Myanmar seeks avoidance of tourism pitfalls in sustainable development

As Myanmar’s Ministry of Hotels and Tourism gears up to launch a campaign to promote its southern “virgin” archipelago, union minister Ohn Maung said responsible and sustainable tourism practices are essential to preserve the country’s beauty and culture. Hoping to learn from other ASEAN member countries, he will visit Thailand’s largest tourist island Phuket on […]