Myanmar tourism issue soars away from crisis

SINGAPORE, Jan 8 (Reuters): A Myanmar tourism company soared up and away from the country's humanitarian crisis. Tycoon Serge Pun's hot-air balloon operator Memories Group had a strong debut after reversing onto Singapore's junior exchange on Friday. The shares have jumped 60 per cent even as a campaign persists against the Rohingya Muslim population that the United Nations has condemned as ethnic cleansing.

Myanmar's beguiling landscapes and historic temples attract travellers seeking unspoiled Asia. An end to decades of military rule in 2016 lured foreign businesses hoping to help fund everything from power plants to schools.