Shwedagon raises fees

YANGON, 29 June 2017: Entrance fee for foreigners visiting Myanmar’s iconic Shwedagon Pagoda will increase from 8,000 kyats to 10,000 kyats starting 1 December.

Global New Light of Myanmar quoted a statement by the Shwedagon Pagoda’s board of trustees, that confirmed, effective 1 December, the entrance fee for foreigners would increase to 10,000 kyats.

The price increase should have been introduced 1 June, but at the suggestion of The Union of Myanmar Travel Association (UMTA) a grace period of six months was negotiated. The Ministry of Religious Affairs and Culture noted that the new rate would impact on package tour operators, as prices were agreed on about a year in advance to publish in catalogues.

However the advance notice requirement is dwindling as tour operators sell packages online and rely less on printed catalogues. Prices can be adjusted much quicker and consumers are not booking a year in advance any more. Now bookings are made 30 to 45 days up front.

From the end of January to the end of April, over 250,000 tourists visited the famous pagoda, the report said. Out of all international visitors, those from a neighbouring Thailand were the most numerous, followed by China and Germany.

Shwedagon Pagoda is one of the main tourist attractions of Yangon and an iconic landmark usually featured in skyline visuals of the city.

Visitors to Shwedagon pagoda started to pay the entrance fee in Myanmar kyat instead of US dollars as of April 2014.