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PTTEP to invest $3.3b in new Myanmar gas and oil projects
Thai oil firm prepares to make even more investments in onshore and offshore blocks
State-owned Thai oil firm PTT Exploration and Production Plc(PTTEP) , one of Thailand's largest, currently has funds in seven oil and gas projects in the country and gas projects in Myanmar and plans to use its latest allocation to begin extraction operations this year at a gas field project in the Gulf of Martaban called the Zawtika Project.
(Source : MyanmarTimes March 3-9 2014)
Singapore, Myanmar firm roll out $230m 'Golden City'
Singapore-owned development firm Uni Global Power Ltd togerther with local partners have rolled out plans to build a US$230 million complex in Yangon's Yankin township that will feature several residential skyscrapers, a five-star hotel and a shopping mall.
New UNESCO approach for Bagan
The government will try a different approach to get UNESCO'sWorld Heritage status for its historic Bagan Archaelogical Zone by attempting to register pagodas individually as opposed to as a singular site -
Authorities have wanted UNESCO to include the most important Bagan pagodas on its World Heritage List.
US Export-Import Bank opens doors in Myanmar
The US Export-Import Bank last week began to offer credit for trade with Myanmar, hoping to support businesses against competitors in a market ....
Effective immediately, Us exporters can turn to the Export-Import Bank to seek credit insurance on their products, direct loans or loan guarantees.
(Source : MyanmarTimes Feb 10-16 2014)
JICA onboard to help modernise bank trading systems in Myanmar
A new payment system to facilitate international business transactions could be in use in 2017, the Japan International Cooperation Agency(JICA)
announced Last week. Central Bank deputy governer U Set Aung and JICA Myanmar's chief representative Tanaka Masahiko signed the agreement to modernise the funds payment and securities settlement systems on February 4.
Companies Act update coming in May
The Directorate of Investment and Company Administration(DICA), U Aung Naing Oo announced the intention to submit a draft of the new Myanmar Companies Act in May to parliament . The old Burma Companies Act 1914 which includes some bureaucratic processes , such as slow business registration process and court activities will be revise and replace with the new one . Although the draft needs some more stages to go through , the speculation is high for the new Act to be enacted this year. (Source : MyanmarTimes Jan 13-19 2014)
JICA, govt to sign railway loan deal in early 2014JAPAN will loan Myanmar US$200 million of the $500 million required to upgrade the Yangon-Mandalay Railway early next year, a Japan International Cooperation Agency official said last week.(Source : MyanmarTimes Dec 30,2013 - Jan 5, 2014)
Myanmar also offers a variety of natural beauties and historical artifacts such as dazzling waterfalls, graceful lakes, enchanting caves, sparkling beaches, reverines, and the unique cultures of different ethnic groups in addition to the thousand year old golden pagodas scattered around Burma, especially in Bagan and Mandalay.
The people of Myanmar can be called Burman or Burmese. Burmese people are friendly, pleasant, and charming. According to our clients, one of Myanmar's most appealing perspectives is its people. Burmese people are kind and willing to help. One lovely feature of Burmese people is their hospitality and welcoming heart towards all guests. When they meet foreigners, they do not think how to make money out of them, but how they can be of help if asked. This is how Burma is different from other countries.
"MIN GA LA BA", the lovely traditional greeting way of Myanmar can be used to greet anyone at anytime of the day during your visit. It is the equivalent of "Sawasdee" in Thai. Another Burmese word you may need to know while your visit is KYAY ZU BE, pronounced JayZuBe means "Thank you".
In Myanmar, the Ayarwaddy River flows its way southward from the confluence of two small rivers in Kachin state in northern Myanmar. It is both the lifeblood and soul of Burma. Along the banks stand many ancient capitals of Burmese kings where existing historic monuments reveal their glorious greatness. Bagan, located in the heart of Myanmar consists of thousands of ancient pagodas, is recognized as one of the miraculous wonders of the world. It presents the rich cultural heritage of Burma and makes Burma one of the archaeological treasure houses in Asia and the world.
The infrastructure in Burma is now more developed currently, so travel to Myanmar is no longer an adventurous journey. Myanmar is one of the safest tour destinations in Asia opening her doors and stretching out her hands welcoming travelers around the world to visit Burma.
Visa can be obtained at every Myanmar embassy or consulate by submitting a passport and (3) photos. The Visa fee is USD 30.
We can arrange Visa on arrival for your trip to Myanmar. We need your full name on the passport and number, scanned passport size of your photo, date of birth, occupation, father's name, home address, nationality and your Int'l flight details 3 weeks working days prior to your arrival, in order of us to get permission from the Tourism Regulation Department and then submit it to the Immigration Department.
After your Visa is approved, we will inform your international flight to let you check in without a Visa in your passport. So it is important for us to know your international flight number and your booking reference ( PNR ).
Visa fees is USD 30 per person and service fees is USD 20 per person. Total USD 50 per person.
The Visa on arrival letter will arrange for the person who take full package tour or who at least taking our services like Accommodation, Flight, Car and Guide etc.. from us or according to the rules and regulations from the ministry.
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