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Ministry criticises slow action on visa-on-arrival proposal

Hotels and Tourism Union Minister U Ohn Maung criticised the slow action on the ministry’s proposal to issue a visa-on-arrival (VOA) to tourists from China, Japan and South Korea to boost the country’s tourism. “We thought they (the Immigration Department) would give visas-on-arrival for package tours if visitors arrive by air,” U Ohn Maung told […]

Myanmar set for transition to digital economy with corporates’ support

FIVE YEARS after Myanmar’s liberalisation of the telecommunications sector, the nation has now over 50 million mobile subscribers, a figure that almost encompasses its total population, and is set for adoption of digital economy with the help of industry leaders worldwide. Myo Swe, deputy director general at the Posts and Telecommunications Department, said earlier that […]

After year’s delay, ministry has yet to issue liquor licenses to 1400 businesses

After almost a year, more than a thousand hotels and guest houses are still waiting for the Ministry of Home Affairs to give them official liquor licenses. “But they [the ministry] has still not responded about the liquor license issue,” U Myo Win Nyunt, director of the Hotel and Tourism Ministry, told The Myanmar Times […]

Myanmar woos Asian tourists amid Rakkhine crisis

YANGON — These are anxious times for Myanmar’s tourism industry, as the country’s international reputation takes a battering. But shares in Myanmar tycoon Serge Pun’s Memories Group — which includes hotel construction and travel management services — have defied the uncertainty. The company’s shares have risen 12.3% since their January 5 debut to 0.32 Singapore […]

More Fish Auction Markets Planned for Myeik Despite Local Criticism

The government is planning to develop a quality fish-auction market as Japan helps draw up a masterplan for the development of Myeik town in Taninthayi Region, said Region Chief Minister Dr Le Le Maw. The chief minister revealed the plan in a recent meeting with local people and departmental organisations in Myeik after local residents […]

New Fish Market in Tanintharyi Region

Tanintharyi Region in the south of Myanmar will get a fish auction market and a development zone near the mouth of the Dawei river where the economic zone and a deep-sea port projects are under way. Vice President Henry Van Thio yesterday visited the market and economic zone project in Thayetchaung Township south of the […]

Myanmar’s First Gold Exchange Center Takes Shape in Yangon

YANGON — Myanmar will have its first official market for gold, gems and metal trading in its commercial capital Yangon this year, said U Khin Maung Han, chairman of the Myanmar Federation of Mining Association. The trade center will be built in Yangon’s Mingalardon Township near Yangon International Airport, U Khin Maung Han said. The […]

Dutch businesses keen for deals in Myanmar

A DOZEN Dutch companies took part in the Netherlands’ first trade mission to Myanmar last week, reflecting keen interest to expand business ties. Dutch ambassador Wouter Jurgens said the mission, from June 7-9, was part of efforts to build on these relations. Jurgens said the Dutch companies discussed opportunities with Myanmar business people in a […]

The Agreement with Tender Winner of Hanthawaddy Airport Hasn’t Signed yet Says an Official

The contract for construction of the new Hanthawaddy airport, won by JGC-Yongnam CAI Consortium, has not been signed and is still in the negotiation stage, sources said. The implementation and negotiation committee for the airport project is led by second vice president Henry Van Thio. The JGC-Yongnam CAI Consortium was chosen to build the new […]

Myanmar opens first biomass power plant

Myanmar has utilised Japanese know-how to open its first biomass gasification power plant in its capital city Nay Pyi Taw. The rice husk gasification power plant was developed over five months by a Japanese consortium led by Yanmar Co. The group also includes Chiyoda & Public Works Co, Chiyoda System Technologies Corp and Kanso Co. […]