The government has approved a proposal by Thai-Myanmar joint venture to build a US$250,000 (K346.3 million) hotel project on Hlaing Gu Island off Kawthoung in Tanintharyi Region, the Directorate of Hotels and Tourism has announced, according to the Directorate of Hotels and Tourism. KMOT Company intends to build the project with 20 bungalows under the […]
Pearl islands in Myanmar’s southern region to open for visitors
September 5, 2018 by
Some 15 islands in Myeik and Kawthoung, Myanmar’s southern coastal Tanintharyi region where pearl farms are located, will be open to visitors in October, the official Global New Light of Myanmar reported Sunday. The 15 islands accommodate a state-owned and 11 private pearl farms. Tourist vessels are not allowed to enter into the pearl farming […]
Border trade increases by $196 million
June 12, 2018 by
Between 1 April and 25 May in this fiscal year, the value of border trade reached US$ 1.165 billion, recording an increase of $196 million compared to the same period in the last FY, state media reported quoting figures recently released by the Commerce Ministry. The total value of border trade, as of 25 May […]
Are tropical islands in Myanmar Asia’s last untouched paradise?
April 18, 2018 by
Lack of infrastructure has protected the Myeik Archipelago in the Andaman Sea from the ravages of tourism, but for how much longer? Picture 800 or so islands surrounded by beaches of white sand and backed by lush green forest, rising out of a translucent, turquoise sea on which fishing boats and a handful of yachts […]
Trade through Thai-Myanmar border gates increases
March 23, 2018 by
Trade through the Thai-Myanmar border gates from 1 April to 2 March of the current fiscal year (FY) was worth some US$1.33 billion, which is some $90 million more than the trade value achieved during the same period last FY, according to state media. Of the seven Thai-Myanmar border gates, Myawady gate is the major […]
Border trade down by $165 million
September 5, 2017 by
The value of border trade from 1st April to 25 August this fiscal year was down by US$165 million when compared to that in the same point of last fiscal year. Border trade from 1st April to 25 August this fiscal year hit $2.77 billion — $1.65 billion in exports and $1.12 billion in imports, […]
