Advancing Myanmar’s Cashless Journey

Myanmar is witnessing a unique infrastructure modernization that seems to bypass all traditional routes, thanks to accelerating technology adoption among the country’s younger demographic and fast-growing middle class. In a matter of years, Myanmar suddenly went from low landline penetration to nationwide 4G connectivity, and from brick and mortar commerce to creating a budding e-commerce […]

Mastercard positions for growth, competition in Myanmar

Mastercard is positioning itself to be a key contributor in Myanmar’s push to enable its economy to function without the need for cash. “With people now having moved towards a digital-first mindset, we expect to see reduced usage of cash and higher dependency on online commerce for the long term,” Safdar Khan, Mastercard’s Division President […]

Myanmar extends ban on foreign visitors before elections

<a href=”” target=”_blank”><img src=”” width=”600″ height=”250″ /> </a> Myanmar extended a ban on international commercial flights and issuance of all types of visa until the end of November to contain the spread of coronavirus outbreak ahead of the general elections. The ban on foreigners’ entry through land borders will also be extended for another month, […]

A Cashless Future For Myanmar

ASEAN citizens are not unfamiliar with digital payments. In a survey by Visa, around 64 percent of consumers in Southeast Asia are confident of going cashless for a full day, highlighting the region’s strong drive towards digital payments. Moreover, the 2019 World Payments Report shows that the value of non-cash transactions in Asia is projected […]

Myanmar temporarily stops issuing visa on arrival to tourists from China

Yangon–As a measure to contain the deadly coronavirus which originated in Wuhan of China, Myanmar has suspended the issuance of visa on arrival to tourists from China, according to the statement by the Ministry of Foreign Affairs on 1 February. On 30 January, the World Health Organization (WHO) declared the coronavirus a public health emergency […]

Myanmar eases visa rules for five countries

The government will relax its visa regulations for five more countries from January 1 as part of its effort to attract more foreign visitors to the country, according to the Ministry of Hotels and Tourism. Travellers from the Czech Republic, Luxembourg, New Zealand, Hungary and Austria will be given visas on arrival upon entering the […]

New visa on arrival rules for five countries

a href=”” target=”_blank”> Myanmar’s Hotel and Tourism Ministry Tuesday announced visa-on-arrivals to tourists from five countries starting from Jan. 1 next year, Xinhua reported. The relaxation will be effective to ordinary passport holders from Austria, Czech Republic, Hungary, Luxembourg and New Zealand, who will enter Myanmar through Yangon, Mandalay and Nay Pyi Taw international airports, […]

Myanmar tourists encouraged to use Visa in Thailand

The Tourism Authority of Thailand (TAT) and Visa credit cards announced a partnership to promote tourism between Thailand and Myanmar. Under an ongoing campaign to encourage more Myanmar tourists to experience the benefits of digital payments while travelling overseas, locals visiting Thailand can collect a THB500 discount voucher at the Yangon International Airport. The voucher […]

Myanmar gives more tourists visa-on-arrival access in move to open up

Tourists from Australia, Germany, Italy, Spain, Switzerland and Russia have been given visa-on-arrival access for US$50 each at Yangon, Mandalay and Nay Pyi Taw international airports. Starting from October 1, passport holders from the six countries will no longer require pre-arranged approval, the authorities said. “We hope the new regulations to ease access to Myanmar […]

Myanmar counts on tourism surge after eased visa restrictions come in

Khine Kyaw The Nation Yangon Myanmar expects to receive more visitors this year after eased visa restrictions for Western tourists take effect in October, a senior official said. Aung Aye Han, deputy director general of the Ministry of Hotels and Tourism, told The Nation on Wednesday that the authorities see a bright outlook for Myanmar’s […]