Monday, April 30, 2012

Myanmar: Is now a good time to go?

by Gemma Price

Two years of political reforms, the lifting of sanctions and the floating of the Myanmar currency at 818 kyat (pronounced 'chat') to the U.S. dollar -- the opening up of this hitherto hermetic state suggests big changes in its economy.

But what are the implications for travelers?

With investors encouraged to move in, companies in Myanmar will find it easier to do business and any moral reservations that international visitors might have harbored about visiting Myanmar will likely soon begin to dissipate.

In the last six months, Myanmar has rocketed to the top of must-go-now lists as travelers -- just like the world?s powers -- scramble to get in before the country is overrun by fellow travelers.

Last year, 391,176 visitors traveled to the country according to the Ministry of Hotels and Tourism. In 2012, the ministry predicts an increase of nearly 30 percent to 500,000 -- possibly straining the Southeast Asian nation's infrastructure.

read more

Source: http://rss.cnngo.com/~r/cnngo/~3/5my2-mA5q6U/myanmar-now-good-time-go-680954

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