Myanmar

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Since the country opened its doors to the international community, what have been the biggest developments within the tourism sector?

With a coastline stretching out over 2832 km along the Andaman Sea and the Bay of Bengal, Myanmar’s beach resorts are increasingly becoming a tourist hot spot. One of the more popular destinations is Ngapali Beach, which is located in Rakhine State and was known as Sandoway during the colonial period. This tranquil paradise has no remnants of...

Yangon Port is in some ways still decidedly 19th-century. Cargo handling is manual and paperwork old-fashioned – a shipper must submit copies of each document to three separate offices. There is no single window and no electronic reporting. Bills of lading are inaccessible online and tracking is done by hand, making it hard to know the precise...

ity to receive visitors. Its drawback is its location, some 50 miles north-east of downtown Yangon, which, with growing traffic, could be a long drive.

The consortium also includes three of Korea’s largest construction firms: Halla, Lotte and Kumho. Kumho, part of the Kumho Asiana group that also owns Asiana Airlines, specialises in airport...

Myanmar’s tax system is mainly based on the Income Tax Law and the Commercial Tax Law. As the reform agenda put in place by the Myanmar government continues to change the country’s political and economic landscape, we also expect that these tax laws will be updated through notifications issued by the Internal Revenue Department (IRD) to...

How does Myanmar’s tourism sector compare to those of other emerging markets?

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