Myanmar spotlights Naypyidaw for MICE

THE Ministry of HOTELS and Tourism is promoting Naypyidaw as an ideal destination for MICE, partnering with neighbours like Thailand to stimulate more business traffic to its capital. Htay Aung, Myanmar’s minister of HOTEL and tourism, said: “Myanmar tourism is mainly based on natural and cultural attractions. But now the market has turned and Myanmar […]

Maritime spat to aid rice exporters

Growing tensions in the South China Sea in recent months is leading China to shun Vietnam for its rice imports, opening the door for Myanmar exporters, according to traders. Much of Myanmar’s official exports currently go to African countries, but with Thai exporters dropping prices in those markets since the May 22 coup, Myanmar exporters […]

Myanmar Property: Pros and Cons of investing in the region’s last frontier market

My visit to Myanmar about a year ago, including inspection of raw land, office buildings, serviced apartments and hotels, reminded me of when I first started working with CBRE Thailand 25 years ago. The key difference is that I now have a thorough knowledge of the property market, whereas in 1988 I was still new […]