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Foreign casino operators looking to set up in Myanmar

A number of casino operators from Hong Kong, Taiwan and Macau have enquired about operating casinos in Myanmar following the passing of the Gambling Law 2018 in May, which replaced an earlier law from 1986. Directorate of Investment and Company Administration acting director-general U Thant Sin Lwin said casino operators from Hong Kong, Taiwan and […]

Bagan makes UNESCO list, but challenges remain

MANDALAY—After years of effort, Bagan, the archaeological zone and major tourist attraction in central Myanmar, was finally inscribed on UNESCO’s World Heritage List at the World Heritage Committee’s 43th session Saturday. Bagan, a major tourist attraction in central Myanmar, houses more than 3,000 pagodas and temples dating from the 9th to the 13th centuries. Despite […]

Locals Object to Mandalay Hill Cable Car Installation

MANDALAY — A proposal to build a cable car at Mandalay Hill, a landmark in the cultural center of Mandalay, has been widely criticized by locals. The initial proposal, recently submitted by the Korean company Sky Dream Co. Ltd., to the regional government, was explained to local environmentalists, lawmakers and Mandalay Hill trustee committee members […]

Local company proposes lease of Coco Islands for Island Resort

A local company has submitted a proposal to government to lease out the Coco Islands for fifty years according to an official from the Yangon Regional Government. Located in the northeastern Indian Ocean, the Coco Islands is part of the Andaman archipelago and are abundant in natural resources which still remain unexploited. “A local company […]