Tourism ministry orders industry dedollarization

YANGON—For the second time, the Ministry of Hotels and Tourism (MOHT) has ordered business owners in the Myanmar tourism industry to stop collecting payments in the form of U.S. dollars. If companies want to continue accepting U.S. dollars, a letter sent by the MOHT to the Myanmar Tourism Federation (MTF) said, they must apply to […]

Jaguar Land Rover rolls into growing Myanmar market

Myanmar is witnessing something that few people could have imagined just two or three years ago: New, high-end automobiles are starting to hit the roads as the economy of the once-shunned country gains… Most of the vehicles on the streets of Yangon and other major cities are still either second-hand imports or ancient cars that […]