The Myanmar Tourism Master Plan 2013-20 is diversifying the sector, while also ensuring that initiatives are implemented in a way that preserves and respects the country’s culture and natural beauty. There is rapidly growing global demand for ecotourism and sustainable travel, and this segment has emerged as a key area for investment in...
Situated in the north-west of South-east Asia, and sharing borders with India, Bangladesh, Thailand, Laos and China, Myanmar is one of the last frontiers of Asian tourism. Offering pristine beaches, abundant cultural and natural attractions, and a warm, hospitable population, the country has significant potential – especially considering the...
Sharing borders with India, Bangladesh, Thailand, Laos and China, Myanmar is one of the last frontiers of...
Foreign companies are showing interest in Myanmar’s geostrategic location, abundant natural resources and youthful population. A focus on following international best business practices and reducing the informal economy, paired with an annual GDP growth forecast at around 6% in the coming years, is setting Myanmar on a path to catch up with some regional peers.
Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum. With the global middle class estimated by US-based think tank Brookings Institution to expand...
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