After a brief halt, AirAsia Group has resumed its overtures to partners in Cambodia, China, and Myanmar as it seeks to found new franchise units in these countries. However, it has abandoned plans to launch a unit in Viet Nam, Group Chief Executive Officer Tony Fernandes told Nikkei in an interview. Fernandes added that the […]
Myanmar’s eco-resorts open up Asia’s new tourism frontier
June 6, 2018 by
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 […]
Myanmar turns attention to Asian travellers as European markets decline
May 29, 2018 by
With Asian markets dominating in the face of declining European arrivals, Myanmar tourism players are shifting their focus to intra-regional travellers. The Asian market accounted for 70 per cent of international arrivals to Myanmar in 2017. Growth in the market is led by Vietnamese visitors, with a 75 per cent year-on-year increase at Yangon International […]
Grab Officially Takes Control Of Uber’s Southeast Asia Operations
March 28, 2018 by
Grab announced today that it will acquire all of Uber’s Southeast Asia assets, confirming rumors that have been floating around the highly competitive ride-hailing market. Grab gains control over all Uber’s assets and operations in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, including UberEats, which the company plans to leverage to expand […]
Dutch animal nutrition firm starts manufacturing in Thilawa
March 9, 2018 by
The Netherlands-based producer of animal feed and nutritional service specialist, Trouw Nutrition, opened its first manufacturing unit in Myanmar last week. Trouw Nutrition Myanmar Co was incorporated at Thilawa Special Economic Zone (SEZ) in July 2017. The manufacturing plant, located in Zone A, is expected to start operation in two weeks. Thilawa is the only […]
Grab makes takeover bid for Uber’s Southeast Asia operations, including Vietnam: reports
February 21, 2018 by
Uber has been unable to turn a profit in Asian markets, making it a prime target for rivals. Southeast Asian ride-hailing firm Grab has been in talks with rival Uber to acquire its regional operations in a bid to tighten its grip on the rapidly growing shared transportation sector, Kr-Asia quoted people familiar with the […]
More Asian Travellers Expected to Arrive in 2018
January 17, 2018 by
Industry players forecast tour packages from Asian markets to jump 25 percent in 2018 and 2019, while arrivals from European countries could dip by almost 20pc for the same period. U Khin Zaw, advisor of the Union minister of Hotels and Tourism, told The Myanmar Times on January 3 that the change in arrival pattern was […]
Grab wants e-wallet service in Thailand, after Singapore launch a couple week ago.
November 27, 2017 by
Grab plans to provide GrabPay e-wallet in Thailand next year. The firm has gain revenue growth of 150 per cent year-on-year. Tee Wee Tang, head of Grab in Thailand said that the firm is in the process of submitting the GrabPay e-wallet for a license so that it could provide the service in Thailand next […]
