THE Yangon Region Investment Committee (YRIC) has not received any proposals for casino businesses, and it does not plan to green light such businesses, said U Phyo Min Thein, the Yangon Region Chief Minister. He made the remarks at a press conference held on Wednesday at the YRIC office. “There is no proposal for setting […]
Colliers Property Report – Upper Scale Hotel Yangon Q2 2019
LAYING THE WAGER ON THE GAMBLING LAW: OPPORTUNITIES IN GAMING INDUSTRY Summary & Recommendations No new completion were observed in Yangon’s upscale hotel segment during Q2 2019. Despite the surge of Chinese visitors, majority of upscale hotels continue to experience lower occupancy rates due to the downward trending number of western arrivals. Although […]
In jungles of Myanmar, sin city looks to a better future
Upon cruising on its wide, well-paved streets, the first question that enters a visitor’s mind is whether the city is still part of Myanmar. Past the lush green mountains where the concrete roads snake through the hinterlands, past what seems like never-ending rice fields, lies the concrete jungle of Mine Lar city, popularly known as […]
Muse: Myanmar’s militia-run, billion-dollar gateway to China
With tinted windows and their militia name emblazoned on the side of their Ford truck, “Pan Say” fighters cruise the sleazy streets of Muse, Myanmar’s main gateway to China and awash with weapons and cash from casinos, drugs and sex. Ten armed groups run the Shan State border town of Muse, which is separated by […]
Draft law for foreigner-only casinos in Myanmar: report
A bill that would authorise in principle the setting up of foreigner-only casinos in the Southeast Asia state of Myanmar was submitted to the lower house of the country’s legislature on Tuesday, the Myanmar Times newspaper reported on Wednesday. The Gambling Bill 2018 is said to include amendments to an existing statute, the Gambling Act […]
Myanmar’s eco-resorts open up Asia’s new tourism frontier
KAWTHAUNG, Myanmar — A few hours boat ride from the port of Kawthaung, a school of dolphins nudged up to our 30-meter wooden junk. As the captain cut the engine, their silver backs heaved in and out of view; all else was still. Behind us, the Tanintharyi coastline — Myanmar’s skinny southern tail, fringing the […]