Myanmar’s businesses hit by Thai turmoil

YANGON: Thailand’s political struggles are affecting neighbour Myanmar’s businesses and economic development. Months of domestic turmoil in Thailand has caused neighbouring Myanmar to feel its effects. One of the sectors hurt is tourism. “About 80 per cent of flights into Myanmar transit at Bangkok airport. Therefore, it’ll be difficult for European visitors to travel to […]

Myanmar Medical Association construction plan was automatically revoked—YCDC

According to City authorities, a recent controversial plan to build a high-rise business tower at the compound of the Myanmar Medical Association (MMA) was automatically cancelled due to code violations. The Yangon City Development Council has set two restricted zones for construction of high-rise buildings near Shwedagon Pagoda, one of Myanmar’s most famous landmarks. If […]

Fishing industry to cut Thai lines

Thai fishing boats will not be able to trawl Myanmar’s territorial waters from March 2014 when a current agreement expires, a spokesperson for the Myanmar Fisheries Federation said in a meeting last week. The decision follows a workshop held by the Ministry of Livestock and Fisheries concerning Thai fishing rights in Nay Pyi Taw last […]