Bangkok Airways, a Thai regional airline, is interested in opening a direct route between Bangkok and Bagan, which has just been accorded the World Heritage Site status by UNESCO. Bagan, an ancient site of Buddhist temples, monasteries and fortifications in Mandalay Region, already popular with tourists, could see more interest now that it has finally […]
Read MoreBagan has been named as a UNESCO World Heritage Site, a quarter of a century after the ancient capital was first nominated. The recognition by the UN’s cultural body will serve to boost demand from both Western and Asian markets, the tourism industry says. But meeting conservation pledges and effective local governance will be critical […]
Read MoreIn a tremendous push towards sustainable development, Myanmar has finally raised its long-subsidised power tariffs, which took effect on July 1. The move is a daring one, with the NLD-led government likely to lose its popularity just a year before the next General Election. On the flipside, the risk is worth taking given the potential […]
Read MoreDespite higher electricity prices, if businesses are able to enjoy a regular, uninterrupted supply of power, the move is still welcome as most will still be commercially viable, some investors said. “In the last year alone, blackout time in our factory was over 300 hours. When the power is out, we have to run the […]
Read MoreResidents in gas-producing regions like Tanintharyi are questioning why they still have to pay higher rates instead of being covered by the national grid. The government hiked electricity tariffs last week, and the new rates took effect on July 1. While consumers of residential and religious buildings will be charged the previous rate of K35 […]
Read MoreElectronic cash transactions are seeing more adoption in Myanmar as people opt for the convenience of not having to withdraw money from banks or automated teller machines. As such, banking officials and financial technology firms believe that Myanmar would see significant developments of such payment systems over the next two years. Recently, Visa country manager […]
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Thailand
