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Author Archives: minglamyan

Thingyan- the New Year Water Festival

water-festival-tingyan

Thingyan is the Myanmar version of the new year festival which takes place over 4 or 5 days of April each year. It is celebrated in Southeast Asia countries such as Laos, Cambodia and Thailand where Theravada Buddhism is practiced. Thingyan originates from a Buddhist version of an ancient Hindu myth involving Ganesh. In Myanmar, the first day is called ... Read More »

“Iron Cross”- Myanmar’s Beloved Band Continues to Rock On

iron-cross-myanmar

Iron Cross (also called IC) is arguably Myanmar’s most beloved rock band. Certainly it may be the oldest having started in the early 1990’s playing Van Halen songs. Since then they have moved to original content and consequently gained a worldwide following after completion of tours in Europe, the US, South Korea and Singapore. In 2008, following Cyclone Nargis, they ... Read More »

Yangon Residents Struggle With Increased Cost of Living

myanmar-inflation

The influx of foreigners has led to higher-quality products and services while the earnings of Myanmar workers has not adjusted accordingly. In the past year Myanmar’s inflation rate  has been rising mostly due to depreciation of the kyet against the US dollar.  Electricity fees and particularly housing rents have risen thereby compounding the problem. While quality workers find better paying ... Read More »

Another Apple Reseller Opens in Yangon

apple-reseller-myanmar

Over a year ago TAC Apple opened as an authorized Apple reseller store in the Junction MawTin shopping center in Yangon. More recently, “mDrive “, another  authorized Apple reseller began operations . Under Apple’s Authorized Reseller (AAR) program Apple has yet another authorized outlet to reach its customers in Southeast Asia.  Under the AAR program the store is designed to ... Read More »

Growing Pains in Big Hotels Construction Rush

sleeping

The Hilton and Novotel hotel projects in Yangon have faced construction delays as has the MGallery Hotel in Nay Pyi Taw. The delays are symptomatic of what corporations and foreign hotel companies face here. They expect a fast and easy process as they typically experience in many other countries but the reality of how Myanmar currently operates quickly sets in. ... Read More »

Continued Reform in Myanmar Brings Economic Growth

myanmar-growths

Economic growth is expected at 7.5% for Gross Domestic Product (GDP) for the fiscal year 2013 which ended according to Asia Development Bank. Business confidence has greatly improved as reflected by the increase in new business  registrations. Growth is expected to come in at 7.8% for 2014 as a result of continued reform and foreign investment. With only 28%  of ... Read More »

Kempinski Replaces Marriott in Hotel Project

kempinsky-myanmar

Marriott Hotels recently pulled out of a hotel project in Nay Pyi Taw due to a quality control dispute. Supposedly, stringent inspections by Marriott  of hotel construction were putting the project behind schedule. Kempinski, the Swiss hotel chain, then stepped in to take over the project and signed a deal with Kanbawza Group in late March. Under the deal, Kanbawza ... Read More »

Myanmar Cross-Border Trade with Thailand Increases

made-in-myanmar

Myawaddy is gearing up to become a major trade gateway between Myanmar and Thailand. It is located in Karen State and sits opposite Mae Sot in Thailand. Myawaddy is also the largest of five official checkpoints for overland trade between the two countries and saw growth increase by almost 10% this past year to $ 290 million usd. Imports to ... Read More »

Myanmar- A Part of Mekong Region Tourism Promotion

Mekong-river

Myanmar is one of four countries participating in a Mekong River tourism promotion organized by Tourist Authority of Thailand (TAT). The other countries are Cambodia, Thailand and Laos. The plan is to promote up to six land tour routes which link the countries adjoining the Mekong. Such tours will highlight scenic sights, local and regional history as well as promote ... Read More »

Tourism Boom May Test Myanmar Air Safety

Tourism-Boom

“We can handle it” said the deputy director general of the Myanmar Departmnet of Civil Aviation. He was referring to the anticipated increase in tourists from 2 million in 2013 to almost 7 million foreign visitors per year  by 2020.  The concern is whether air traffic safety will be compromised in the rush to handle to increased volume. Needed technology ... Read More »

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