Life After Wristwatches: Two Brothers Run Rival Hotel Chains Under the Same Corporate Umbrella

Girish Jhunjhnuwala had one of those life-changing light bulb moments on a busy street in his hometown of Hong Kong. He watched as a pedestrian asked a man passing by for the time. The man pulled out a mobile phone, which was not yet ubiquitous back in the 1990s. Just like that, he recalls, “I […]

Jovago linking with hotels in border areas

Jovago is attempting to expand its network in the border areas of Myanmar because the number of tourists entering Myanmar through border checkpoints has risen dramatically after eVisa allowed foreigners to enter Myanmar through three checkpoints: Tachilek, Myawady and Kawthaung starting from 1st September. The visitors can easily book a hotel online while travelling. Jovago […]

Investors want a stake in Yangon boom

YANGON, 24 January 2014: Ministry of Hotels and Tourism says international investors are eyeing opportunities in Myanmar tourism especially in the hotel business. Ministry of Hotels and Tourism director general, Aung Zaw Win, told local media that many European and Asian investors have now registered their interest in the hotel industry. “Thailand which is already […]

Manufacturing funds to double

Foreign investment into the manufacturing sector this year has already more than doubled all of last year, said director general U Aung Naing Oo of DICA, the Directorate of Investment and Company Administration. From April through September, nearly US$1.8 billion has flowed into the country, of which nearly $1 billion has gone to manufacturing, compared […]