Myanmar Tourism Bank starts operating first branch

The first branch of Myanmar Tourism Bank (MTB), located in Yangon, has started operation on Monday offering financial assistance to tourism companies. MTB is one of five sector-specific banks granted a banking license by the Central Bank of Myanmar (CBM) in 2017. It is founded by a public tourism company. Initiated during U Thein Sein’s […]

Asean tourism: room to grow but more needs to be done

TOURISM in Asean is set for significant upside, but more needs to be done in areas such as infrastructure, and there are risks of over-reliance on China arrivals and casinos, according to a new Maybank report, Asean Tourism: Blue Skies, But Keep Your Seatbelts Fastened. Although Asean visitor arrivals have grown at a compound annual growth […]

Vietnam’s travel industry gets a boost

Boosted by the fastest growing middle class in Southeast Asia, Vietnam’s travel industry has seen phenomenal growth which has led to Vietnamese airlines launching direct flights to the United States (US) for the first time. According to the Financial Times, outbound air travel in Vietnam last year grew faster than it ever has and outbound […]

More tourists head for Vietnam

Proudly contributed by Don Ross

Vietnam clocked up close to 6 million visits in the first four months of the year encouraging officials to believe the country could welcome around 18 million visits by the end of 2019. The latest statistics posted by the Vietnam National Administration of Tourism for January to April reached 5,968,880 visits, an increase of 7.6% […]

Transparent and flexible visa policy needed to boost Vietnam tourism

Luring more tourists to and stay in Vietnam would be facilitated if there were a transparent and flexible visa policy for foreign travellers, experts have suggested. According to data from the General Statistics Office of Vietnam, in the first four months of 2019, the number of international tourists coming to the country was estimated at […]

MTCO to give a talk at International College for Sustainability Studies (SWUIC)

Mekong Tourism Coordinating Office (MTCO) Executive director Jens Thraenhart was invited to give a talk at the International College for Sustainability Studies (SWUIC) of Srinakharinwirot University about responsible tourism strategies in the Mekong Region to promote the region as well as showcasing best practices in the region. In the same event, students were presenting on the group project regarding […]

Tourist arrivals in Myanmar increase in first 3 months of 2019

Tourist arrivals in Myanmar reached 1.136 million in the first three months of 2019, up 208,162 or 22.4 percent from the same period of 2018, according to the Ministry of Hotels and Tourism Tuesday. The significant increase of the tourist arrivals during the period was attributed to the coming in of a large amount of […]

Thailand eyes new horizons in Latin America for LGBT tourists

Proudly contributed by Suchat Sritama

Thailand is starting to court LGBT tourists from Latin America, seeing huge opportunities particularly from Brazil, Argentina, Chile, Mexico and Columbia. Jefferson Santos, representative to South America for the Tourism Authority of Thailand (TAT), said Brazil alone has a 25 million-strong LGBT community, making it the top priority market for Thailand. “We will start developing […]

ADB boosts support for region

The Asian Development Bank (ADB) has vowed to deepen its support for Southeast Asia in development assistance, reflecting the region’s rising stature as a destination for trade and investment. In prioritising Southeast Asia in its assistance, the multilateral lender would get involved in many operations in the region, said Ramesh Subramaniam, the director general of […]

Cambodia’s Siem Reap top tourist destination

Siem Reap was named the top tourist destination in Southeast Asia by Germany-based online travel platform YouDiscover. The place is very popular because this is where Angkor Wat, a complex temple in Cambodia and one of the largest religious monuments in the world (162.6 hectares), is located. The temple first gained global attention after a […]