US Set to Ease Sanctions for Asia World Port in Rangoon

The Obama administration looks set to ease some sanctions targeting Asia World, a firm widely believed to have built its initial fortune on the drug trade before becoming one of Burma’s largest conglomerates, after sustained lobbing from the US banking industry. According to reports from Bloomberg and AP, the US Treasury Department’s Office of Foreign […]

Terex Trucks receive Myanmar Thura order

Myanmar Thura has made its first order of Terex Trucks rigid haulers, purchasing 10 new TR60s to cover expansion at the company’s jade mine in Kachin State, Northern Myanmar. The order for 55 t capacity TR60s will be supplied by local Terex Trucks dealer, LHM, which has supplied Myanmar Thura with equipment for years. Jade […]