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Hotel expansion continues in Yangon

More hotels are on the way in Myanmar’s commercial capital, Yangon, despite a sluggish tourism performance over the last two years due to the on-going Rohingya crisis. Developers at the luxury end of the market appear undeterred by the drop in European tourists believing business and luxury travel segments will continue to grow. But tour […]

Visa-free entry for Japan and South Korea soon

The government will grant visa-free entry to Myanmar for citizens of Japan and South Korea and give visas on arrival to Chinese tourists, U Khin Zaw, an adviser of the Ministry of Hotels and Tourism told The Myanmar Times on Sunday. “On Friday, the government sent an official letter agreeing to give visa free entry […]

Emerging markets hold hope for smartphone shipment growth

Global smartphone shipments continued to weaken in the first quarter (Q1) of 2018, according to analysts. Canalys says shipments were down 3.4%, continuing the trend from a decline of 3% in Q4 2017. Worldwide sales of smartphones recorded their first decline since 2004, in Q4 of 2017, says Gartner. Global sales of smartphones to end-users […]

Myanmar inches slightly ahead of Laos in latest graft index

Myanmar has inched up a few positions to rank 130th in the latest annual index of countries deemed the least corrupt, from 136th in 2016. The country attained a score of 28 in graft watchdog Transparency International’s Corruption Perceptions Index for 2017. This was an incremental improvement compared to its score in 2016 (28) and […]

Mytel to Target Rural Areas and Compete on Price

​​ Myanmar’s fourth and final telecoms firm – operating under the brand name Mytel – will make use of the AAE-1 submarine cable, infrastructure belonging to state-owned MECtel and try to beat its rivals on services charges, its external relations officer said at press conference last weekend. Mytel is made up of Vietnam defence ministry […]

Myanmar company with over 100 hectares of agricultural and plantation land looking for JV Partner

Our client a Myanmar company owns over 100 hectares of agriculture and plantation land in Myanmar. Currently our client is only utilizing 20% of the land that they own for producing fruits and vegetables as they are only supplying to the domestic Myanmar market. The client is also doing food processing and canning and the […]

Norconsult sets sights on global market

It is a challenging time for the global environmental consulting and wider support services sector. However, the Nordic region appears to be bucking this trend somewhat and certainly seems to have avoided the doldrums suffered elsewhere in Western Europe over the last few years. Identified by the Swedish Federation of Consulting Engineers and Architects in […]