Cash-strapped Burma looks to tourism to resuscitate its lagging economy
Article Abstract:
The military regime which controls Burma is aggressively promoting tourism in an effort to generate hard cash for its moribund economy. Sources report that Burma's State Law and Order Council has abandoned the policy of self-imposed isolation and has ordered people to beautify their homes and surroundings in anticipation of the influx of tourists. Some observers believe that Burma will not have much success in the tourism business in view of its status as an international pariah and the country's poor tourist facilities. However, others believe that the country's mystique and long seclusion will be an attraction for adventurous travelers.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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China becomes top source of tourists for Hong Kong
Article Abstract:
Statistics show that the number of mainland Chinese visiting Hong Kong as tourists is increasing, with some 1.9 million crossing the border into the colony in 1994 alone. Mainland Chinese comprised 21% of the total number of visitors to Hong Kong, the largest single group to do so. Observers believe that Hong Kong has long been a tantalizing destination for most Chinese mainlanders and that the continued relaxation of travel restrictions has allowed them to pursue this dream.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Burma seeks to publicize welcome mat for tourists
Article Abstract:
Burma is aggressively trying to improve its international image and promote itself as an interesting tourist destination. However, the government's tourist promotion efforts have been stymied by the absence of funds. Nonetheless, it is doing its best to increase awareness by participating in international travel fairs and conventions. In addition, the government is also trying to reduce 'red tape' in applying for visas and stabilize foreign currency exchange rates.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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