Home to floating villages and monasteries, and wrapped by mountain ranges, the pristine freshwater of Inle Lake continues to attract visitors. Even before the reopening of the country to the outside world, foreign tourists ventured to Myanmar, eager to soak in the lake’s natural surroundings. Today the lake is still one of the country’s top...
CHATRIUM HOTEL ROYAL LAKE YANGON No. 40 Natmauk Road, Tamwe Township, Yangon T: +951 544 500 F: +951 544 400 info.chry@chatrium.com www.chatrium.com Rooms: A total of 300 rooms and suites, with 165 deluxe rooms, 89 Chatrium club rooms, 10 corner deluxe rooms, 7 studio suites, 8 junior suites, 15 deluxe suites, 5 luxury suites and 1 royal lake...
In July 2015 the US-based fried-chicken restaurant chain KFC opened its doors for business in downtown Yangon, becoming the first Western fast-food restaurant chain in Myanmar. At the grand opening event and for a week afterward, locals lined up out the door and around the block. The fast-food restaurant’s evident popularity is just one of...
After nearly half a century of isolation, followed by five years of reform-driven growth, Myanmar’s economy is currently expanding at a record rate. As of late 2015 rising investment, growing exports and steadily increasing foreign involvement were expected to push GDP growth to 9.3% during FY 2015/16, which ends in March 2016, according to...
In the run-up to Myanmar’s historic November 2015 national elections, public opinion appeared split as to what impact the results of the contest would have on the nation’s economy. “Everyone seems to think that the election is the beginning of Myanmar’s problems, or that electing new leadership will inevitably lead to more growth and economic...
With a newly elected government in power and with nearly five years of growth in foreign trade and inward investment under its belt, Myanmar is widely expected to become increasingly integrated into the regional and global economy in the coming years. In the fiscal year (FY) through to April 2015, the nation reported total foreign trade...
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