NPT Highway Bus Companies Suffering Losses

Buses servicing the Nay Pyi Taw highway route have been suffering from a steady decline of passengers over recent years, with smaller bus companies facing the threat of shutting down. When the capital was moved from Yangon to Nay Pyi Taw in 2005, highway bus companies emerged as an essential service because of the continuous […]

Hope yet for Nay Pyi Taw’s real estate market

Real estate agents say they hope Nay Pyi Taw’s “sluggish” property market will pick up as the new government takes the reins early next year. Land prices in the capital enjoyed a brief surge in 2013, first when Myanmar held the Southeast Asian Games, and then as Myanmar assumed the chair of ASEAN. But while […]

Printers call for access to finance

Cash-starved printers are calling for government support in their efforts to expand their business in what could be profitable times. The chief complaint in the printing world is that they cannot borrow money from banks amid increasing competition from foreign businesses. Fujiyama Press spokesperson U Than Myint said his company lacked large presses, but could […]

Tun Tun Min must find answer to Kerr questions

Who is the best? That’s the titular question being asked this weekend at Thein Pyu Stadium as Myanmar’s lethwei golden belt champion faces up against yet another international challenger on October 11. This time, the man entering the ring with Tun Tun Min will be Daniel Kerr of New Zealand. A seasoned veteran of more […]

Small firms in Myanmar not benefitting much from SEA Games

Myanmar is hosting the Southeast Asian Games (SEA Games) after a 44-year hiatus, bringing with it business opportunities in areas like printing and construction. But small firms in the country do not appear to be benefitting as much from the largest regional sporting event. YANGON: Myanmar is hosting the Southeast Asian Games (SEA Games) after […]

Pan Pacific Hotel to Open in Yangon, Myanmar

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Pan Pacific Hotels Group has entered into a conditional joint venture with Shwe Taung Group, one of Myanmar’s leading corporations in real estate and infrastructure development, to develop the first Pan Pacific hotel in Myanmar. Subject to receipt of all necessary regulatory approvals […]

Myanmar’s new int’l airport to begin construction in 2014

Construction work for a new Hantharwady International Airport will be start in early 2014, as Myanmar gears up to receive growing numbers of visitors. Yangon International Airport, currently the country’s main entry point, handles 20 million passengers a year and will be upgraded to receive another 6 million. Major extensions, however, are restricted due to […]

Sports venues ready for hosting 27th SEA Games in Myanmar

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Modern stadiums and gymnasiums as sports venues are ready to be used for hosting the 27th Southeast Asian Games to be hosted by Myanmar in December this year. The main sports venues for the SEA Games will be Wunna Theikdi and Zeyathiri Stadiums, […]

Ready or Not, the Tourists Are Coming

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 “Right here,” says U Aye Kyaw, pointing to the floor of his office in downtown Yangon, where two Scandinavian tourists had to sleep after they were unable to find proper accommodation. That was last year, when a record one million foreign arrivals put […]

Myanmar growing at breakneck speed

When Singapore lawyer Chester Toh starting working in Yangon, Myanmar’s commercial centre, 18 months ago, his commute to the centre took 15 minutes; now it’s a 45-minute slog through increasingly clogged streets. Call it the price of progress, or reform to be more exact. Toh, a partner at law firm Rajah & Tann, told The […]