Comments for Today in Myanmar

Comment on Living in Yangon (Rangoon) as an expatriate by James

James — Wed, 08 Feb 2012 06:01:04 +0000

I am considering setting up a consulting business in Myanmar please advise what papers are required to get and how to apply.

1. A work Permit
2. A residence Permit (if they are different)
3. A business Licence

Thanks in Advance

Comment on Myanmar currency – kyat and pya by Safwah

Safwah — Wed, 08 Feb 2012 03:59:18 +0000

Can you set meeting with me, Plz call at 0176483831… SMS before making call.

Comment on Weekly update of US Dollars exchange rate in Yangon by zawzaw love

zawzaw love — Sat, 04 Feb 2012 12:02:36 +0000

1us$=830 kyats up to 2012 feb 4 th

Comment on Yangon (Rangoon) International Airport by tony

tony — Tue, 31 Jan 2012 08:47:02 +0000

too many snow in rangoon

Comment on Living in Yangon (Rangoon) as an expatriate by Myo

Myo — Mon, 30 Jan 2012 17:03:15 +0000

TCL,

Below advice might help your questions;

1) Money- Since it is cash base, you can ask your company to pay some portion of your salary in USD cash(I am sure you will take the rest portion at America) and no strange this is what all foreign companies doing in Myanmar.
Most important thing is jst bring USD in cash when you first come to Myanmar.(May be 10-20k)

2) Housing- There are service apartments run by Japanese companies and you can get all the service you mention. You may hv to pay abt 2000 to 3500usd/month.

3) Basic Necessities- Dont’ worry, Myanmar is not in civil war. You can buy all the things you want from local private shops and supermarkets.

4) Sorry, no idea but I guess not so many as yet.

5) Internet- This is still problem thing. The internet speed is most of the time slow but when it is ok, it is ok.
There is no VPN unless if yr company itself set it up but you can use yahoo, gmail, skype directly.

In conclusion, infrastructure wise, Myanmar has still many rooms to develop but I am sure you will come to love Myanmar.

MYO

Comment on Living in Yangon (Rangoon) as an expatriate by T C L

T C L — Mon, 30 Jan 2012 14:24:28 +0000

I am an American seriously considering a job based in Yangon for several years but have a lot of questions:
1) Money – I have read that ATM’s are nonexistent in Burma, and its a USD cash based economy. I will get paid in USD so the next obvious question is, how do I get access to my money if there are no ATM’s ?
2) Housing – The company will pay for housing and I will need an apartment with 24 hour reliable power and, hopefully, internet (preferably wifi if possible) – can I find these type of accomodations in Yangon and, if so, how much should the company expect to pay ?
3) Basic necessities: once I move to Yangon, I will need to buy home furnishings, cleaning supplies, personal grooming/cleaning supplies, etc. Where can I find these in Yangon ?
4) How large is the expat community in Yangon ? Any networking groups for expats ?
5) Internet – will I need to use a VPN to access websites such as Skype, Facebook, Yahoo, Google, etc.? I currently live in Shanghai, China and am very familiar with VPN’s.

Comment on Living in Yangon (Rangoon) as an expatriate by antoine

antoine — Sat, 28 Jan 2012 12:19:10 +0000

bonjour
je suis actuellement a shanghai chez des amis pour creation d ecoles maternel et halte garderie,
je serai a yangoon debut fevrier et recherche des contacts pour monter un commerce
merci de prendre contact
forissier antoine

Comment on Living in Yangon (Rangoon) as an expatriate by Myo

Myo — Sat, 28 Jan 2012 08:52:17 +0000

Dear Adrian,

If you are thinking about investing, the best way is to come and hv a look here.
You can discuss with some business/legal consultants as well as you can check the land hiring price with local agents are the rent rates are very diverse depending on the location.
If you want continuous traffic, you better open at Yangon because tourism is still seasonal industry so far. If you open at Yangon you can expect to catch business tours that doesn’t have seasonal nature.
Buying a property in yr partner name, well it depends on how much yr partner is reliable.
Of course buying property has good advantages as if you do a business there, it is stable(not like rental place) and the property price is sure to be increased in the future, it is a kind of investment but you hv to think abt the reliability of yr partner.
Following is a good consultancy firm if you happen to come here, you can pay a visit.

Mr. Win Htut Aung
Win Htut Aung & Associates
No.158/168, Rm.19(1st Floor),
Mahabandoola Garden Street,
Kyauktada P.O,
Yangon, Myanmar
+95-1-243321,388804
calygn@mptmail.net.mm
All sort of services relating to business/legal consulting, company formation/liquidation, Accounting & Auditing, Research,

Myo

Comment on Living in Yangon (Rangoon) as an expatriate by Adrian

Adrian — Fri, 27 Jan 2012 21:24:29 +0000

Hello.
I am thinking of opening a restaurant/cafe, possibly with accomodation, in Myanmar. I am from the UK and my business partner is from Myanmar. Is there somewhere I can find out regulations etc? What sort of financial outlay would be required for a reasonably simple restuarant, probably not in Yangon, but somewhere likely to pick up some tourist traffic? What sort of rental cost would I expect to pay for this sort of business? Would I be better off looking at buying a property even if this was in my business partner’s name?
My business partner is the chef and has 11 years experience in catering and tourist accomodation and my involvement would be to provide the finance.
Thanks in advance
Adrian

Comment on Travel to Burma by land by Bamarlay

Bamarlay — Thu, 26 Jan 2012 22:34:07 +0000

Borders of Myanmar are still impassable by land except to visit border towns.