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Author Archives: minglamyan

Traders becomes Shangri-La Hotel

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Shangri-La Hotels and Resorts, a listed company out of  Hong Kong,  and the owners of the Traders and Shangri-La brands recently rebranded the Traders Hotel to Sule Shangri-La Hotel following 2 1/2 years of renovations. Along with renovations has also been extensive staff training and an increase in amenities on offer. Price on certain products and services has also increased. ... Read More »

Tourist Boom Continues- First Quarter of 2014

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Over a million tourist arrivals have been counted so far in the first four months of 2014. Accordingly, the Ministry of Hotels and Tourism is projecting  over 3 million for the full year 2014. At the current  rate that projection may be conservative. Of the million, about 60% are folks for Thailand which is but an hour flight away. Other ... Read More »

Battle for Best Bartender

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The  Myanmar Bartender Competition has been set for June 3rd and 4th with applications due in by May 24th. Competition should be keen as this is the first such competition held accompanied by great bragging rights for the winners. First place gets   500,000 kyats (about $500) while second and third places are awarded 300,000 and 200,000 respectively. Not bad ... Read More »

Skyrocketing Real Estate Prices in Yangon (updated)

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Skyrocketing real estate prices in Yangon have resulted from a mis-match between supply and demand.  Land prices in Yangon reached $1,500 per square foot in downtown Kyauktada township which is near Sule Pagoda. In some townships prices have increased ten- fold since 2007. The highest value currently in Yangon is in Bahan Township (also known as Golden Valley), Other expensive ... Read More »

Norway to Invest More in Myanmar

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A week ago Norway held a business summit in Yangon as well as in Bangkok. Both Thailand and Myanmar are key members of  the ASEAN Economic Community (AEC) which will begin activation in 2015. The summits highlight opportunities as well as indicate the different challenges investors face in both countries. Telenor, Statoil and Yara are major Norwegian companies currently doing ... Read More »

Thai Investors Must Conquer Perceptions

thai-investment

Thai investors and business people have lingering perceptions of Myanmar which often interfere with their decision to do business here. Some of those perceptions may be founded, but they should look to positive changes taking place and the time needed to do so. If that is possible, Myanmar is a land of opportunity particularly in the hotel and tourism sector. ... Read More »

Meet Arker Kyaw- Obama’s Graffiti Portraitist

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Arker Kyaw, the 21 year old Myanmar graffiti artist from Dawei caught a lot of attention back in late 2012. His notoriety came from painting President Obama’s portrait on an outside wall only to have it covered up twice by authorities. Those actions cost him a 100,000 kyat ($100) fine but gained him artistic fame and “street cred”. Arker states ... Read More »

Journalist/Activist U Win Tin Passes Away

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U Win Tin , who co-founded the National League for Democracy (NLD) party with Aung San Suu Ky died at the age of 84. He never married and is survived by no children. The cause of death was multiple organ failure. Starting in 1988, Wi Tin spent almost 20 years in prison for co-founding the NLD and wasn’t released until 2008 ... Read More »

Thanintharyi Region On the Cusp of Development

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The Thanintharyi region is the “long tail” in southern Myanmar bordering Thailand which includes the Mergui Archipelago. It’s coastline extends over 500 miles and with some exceptions has been largely off limits to tourists. Recently, the Ministry of Development and Welfare has reported that 16 different proposals had been recieved to build resorts on various islands in Thaninthayi. At present, tourists are coming but there are minimal ... Read More »

Coca Cola to Build More Factories in Myanmar

coca-cola-myanmar

Currently, there are but two factories operating in Myanmar with Coca Cola having teamed up with local beverage maker Pinya to produce Coke and Sprite. This began back in July 2013, however present demand is outstripping bottling capacity. The objective now is to expand production to cover the whole country including Mandalay and the northern areas. It can be expected ... Read More »

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