Business

Bangkok condos “on offer” to Myanmar buyers

SQFT Global Properties, a real estate agency headquartered in Singapore, will organise sales events in two Myanmar cities – Yangon and Mandalay – for two properties lying in the heart of Bangkok.

Luxury Yangon hotels cut charges

 

90,000 unsellable rice bags stranded in Lweje

Due to seizures by Chinese authorities, there are over 90,000 unsellable rice bags owned by Myanmar traders in Lweje, Kachin State, according to rice traders based in Mandalay.  

Rice traders are facing difficulties due to Chinese seizeures, said Kyaw Kyaw Naing, chairman of the Mandalay Rice Warehouse Association.

Myanmar strives for more reforms to boost tourism

Despite the decline in tourist arrivals last year, Myanmar aims to rebound its tourism growth by undertaking reforms to improve both domestic and international travels, says a tourism boss.

Tint Thwin, director general at the Directorate of Hotels and Tourism, said in an interview the government now focuses on easing of some restrictions and creating new destinations to meet its target of welcoming 5 million tourists this year.  

Hilton targets stronger growth in Myanmar

HILTON WORLDWIDE has enjoyed double digit growth every year since it entered Myanmar three years ago, and expects stronger growth as it expands further, according to a senior executive.

William Costley, vice president of operations for Southeast Asia and India, said in an exclusive interview the hospitality firm is doing really well in Myanmar in terms of business performance at its two existing properties in the nation.

Govt unveils environmental mining plan

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Singapore leads foreign investment

 

Hilton produces local talents to drive expansion

HILTON Worldwide has employed all 28 graduates in the first batch of participants in the Hilton Vocational Training Centre to expand in Myanmar.

Squid licences to be issued by dry season

 

The Fishery Department says it will issue licences for squid boats by the coming dry season.

PTTEP to start exploring two offshore blocks next year

 

Myeik—Thailand-based PTT Exploration and Production Public Co Ltd (PTTEP) will start exploration work in the M9 and M11 offshore blocks in the Gulf of Martaban next year.