Myanmar News
Hotel Lotte Myanmar to open on 1 September 2017 South Korea’s Hotel Lotte Co. will open its eighth offshore hotel in Myanmar`s commercial city of Yangon on September 1, the company announced Tuesday. Hotel Lotte Yangon completed after four years of construction is located by scenic Inya Lake, a popular outing destination in the city. […]
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Fast trains to nowhere in Southeast Asia Despite various schemes underway to upgrade decrepit railways, few are designed with a vision towards improving regional connectivity China’s Foreign Minister Wang Yi urged Thailand on a July 24 visit to strengthen “cooperation in the construction of the China-Thai railway,” calling the kingdom “a very important partner” in […]
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Lighthouse Club Yangon branch networking event – 30 August 2017 Time Out Sport Bars, Novotel Max Hotel, Pyay Road, 7 – 9 pm Please note that we have a change of venue for this month’s Lighthouse Club Yangon branch networking event. This month it will be held at Time Out Sport Bars at Novotel Max […]
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Bangkok to Nakhon Ratchasima in just 77 minutes High-speed train to cut commutes from 2021 Commuters and other passengers will be able to travel from Bangkok to Nakhon Ratchasima in 1 hour and 17 minutes using the Thai-Chinese high-speed train in four years’ time, with one-way fares costing 535 baht, the government said Tuesday. The […]
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Accor expands Myanmar portfolio AccorHotels and LP Holding have signed a joint agreement to develop three new hotels in Myanmar; one in Yangon and two in Mandalay, the country’s second largest city. The partnership will see the opening of Mercure Mandalay Hill Resort and Pullman Yangon Centrepoint this year and Mandalay Hill Resort MGallery by […]
Continue ReadingConstruction of new airport underway in Myanmar western state Construction of a new airport is underway in Mrauk U, Myanmar’s ancient city in western Rakhine state, as part of the government’s efforts to develop tourism industry in the region, official media reported Friday. The construction of the new Mrauk U airport, which started on the […]
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‘Death Railway’ to get a new lease on life The historic Burma Railway, better known as the Death Railway, is in dire need of a facelift. The Yangon-Mandalay rail tracks will be jointly repaired by Myanmar Railways and JICA. The Yangon-Mandalay rail tracks will be jointly repaired by Myanmar Railways and JICA. The infamous railway, […]
Continue ReadingQTC to build solar farm in Myanmar QTC Energy Plc, a leading MAI-listed transformer producer, plans to develop a solar farm in Myanmar by acquiring Green Earth Power Thailand Co. The first phase of the planned 220-megawatt solar farm is expected to start commercial operations by the first quarter next year. QTC’s chief executive, Poonphiphat […]
Continue ReadingMyanmar Govt to build 1m apartments in 330 towns by 2030 Myanmar is planning to finish the construction of over 1 million apartments in 330 towns across the country by 2030 under its urban development programme, according to the Ministry of Construction. The Department of Urban and Housing Development under the ministry is providing proper […]
Continue ReadingMove to extend lease period in Thailand expected to stir interest of foreigners The move to revise the leasehold act and extend the lease period from 30 years to 50 years will be good for developers who offer residential homes to foreigners, both in Bangkok and at tourist destinations, property experts said. “This act will […]
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