Written by Stephanie Li
Myanmar’s economy looks set to grow by 6.4 percent in fiscal 2019-20, up from 6.3 percent last fiscal year, bolstered by growing investment in the transport and telecom sectors and planned infrastructure spending by the government before the 2020 elections, according to a World Bank report...
Written by Stephanie Li
The Chinese Embassy in Myanmar announced on January 10 that President Xi Jinping will pay a state visit to Myanmar this week to sign infrastructure and investment agreements and celebrate the 70th anniversary of the establishment of bilateral ties.
Xi’s visit on January 17-18 will be his first in his current capacity. He is scheduled...
Thai investors have shown interest in making comprehensive tourism investment in Kawthaung and Myeik archipelago, Tanintharyi Region, according to U Thant Sin Lwin, Deputy Director of the Directorate of Investment and Company Administration (DICA).
“There are email inquiries asking how many islands and roads are in the archipelago,” said the...
Myanmar has revised travel restrictions for foreign visitors, removing some areas in four states and two regions from the restricted-area list and adding a number of new ones, according to the Ministry of Hotels and Tourism.
The places in Mon State where travel ban has been lifted are Kaylartha Taung,...
Jeanna Smialek (New York Times)
WASHINGTON
The Federal Reserve left interest rates unchanged at its final meeting of the year on December 11, and officials signaled an indefinite pause as the U.S. economy chugs through a record-long expansion on what appears to be sustainable footing.
Officials penciled in no rate changes next...
Alex Schechter (New York Times)
While planning a trip to Peru last July, Brian Twite and his girlfriend, Constance Hansen, decided to skip hotels and stay with a host family. At $35 a night, the accommodation in the Santiago district of Cusco was a bargain. But the warmth of their...
Stephanie Rosenbloom (New York Times)
Beneath a giant glass dome, where a waterfall plunges 130 feet through a forest, and a winding path leads past palms and fig trees, orchids and anthuriums, a robot came rolling around a bend.
It was about five feet tall, and cruising my way. In its...
Tin Mg Oo/Myanmar Business Today
Home to Khakaborazi, the country’s highest mountain, Kachin State offers a lot of tourist attractions, from scenic views and landmarks to cultural festivals. Among the highlights are a homemade beverage called Khaungyay, the Manaw Festival, traditional dance and customs, wild flowers and Sadone Waterfall.
You can...
Toyota Myanmar introduced the global best-seller Corolla Altis, with over 47.5 million units sold to date, to the local market earlier this month.
The all-new Corolla Altis will be sold at the price of $36,000, with seven exterior and two interior colors to choose from. The sedan also comes with...