Border trade tops US$3billion, a rise from previous fiscal year

Border trade as of 14th October in this fiscal year 2016-2017 reached over US$3billion, which is higher compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. Border trade value from 1st April to 14th October in this fiscal year fetched US$3,790.3million, which is up from US$3,451.254million […]

Value of trade through Muse border trade camp on the decline

The value of trade through the Muse border trade camp was on the decline as of the end of September, it is learnt from the statistics of Trade Department. The value of trade via Muse as of 23rd September in this fiscal year amounted to US$2,214.732million, whereas in the similar period of last fiscal year […]

Edible bird’s nests in high demand from China, Malaysia and Thailand

The edible bird’s nests produced by swiftlets from the Myeik archipelagoes in Taninthayi Region are readily purchased in China, Malaysia and Thailand, it is learnt. The bird’s nests are exported through Ranong  to Thailand and are also sent to Yangon. The merchants export these bird’s nests to Malaysia and China after the nests are purified, […]

Regional carriers look to Myanmar market expansion

Asian regional carriers—including Bangkok Airways, Nok Air, Myanmar Airways International (MAI) and AirAsia—are looking to expand operations into Myanmar following the opening up of international visa access at the end of 2016. Myanmar will operate a full visa on arrival scheme from December 2016 across all Association of South East Asian Nations member countries. Since […]

Yangon airport T1 gets first foreign tenant

Yangon International Airport’s shiny new terminal has been almost empty since it opened in March – hosting only the country’s flag carrier Myanmar National Airlines. But space and facilities are becoming increasingly important for the raft of foreign firms aiming to add Myanmar routes, and the first international airlines are starting to move in. The […]

Barriers to Bagan flights for Thai firm

Bangkok Airways is exploring adding Bagan and Myeik to its list of Myanmar destinations. But the Department of Civil Aviation (DCA) says there are no immediate plans to open up more airports to Thai firms, a move that would likely anger local airlines. The Thai carrier is conducting a feasibility study into establishing routes from Chiang Mai […]

Myeik merchants seek direct export access

Merchants in Myeik are seeking avenues to exporting goods directly to other countries rather than doing so via Thailand and Malaysia, sources say. “The Thai authorities and some merchants from the Ranong Port came last week and talked about accessing international markets through their port. But we need direct exports because the EU has sanctioned […]

Local resistance fails to halt Myeik coal-fired power plant

A local company says it will pursue plans to build a 50-megawatt coal-fired power plant in Tanintharyi Region once it has secured permission from Myanmar Investment Commission (MIC), despite continuing opposition from the community. Beside Lut Lut village – 12 miles (19.3 kilometres) from Myeik – Than Phyo Thu Mining Company and Myeik Public Corporation […]

Thailand eyes Myeik archipelago as new investment destination

Thailand‘s tourism minister has made her first trip to Myeik archipelago to assess the opportunities for investment along the untouched coastline of Tanintharyi Region. Myeik district, home to almost 700,000 people, mirrors the far more frequently visited shores of southern Thailand, along the opposite coastline of a narrow strip of land. Officials from Thailand and […]

Thailand demands catch certificates from Myanmar fishermen

Thai traders have started asking Myanmar’s fishermen to provide catch certificates as the European Union tightens oversight of Thailand’s troubled fishing industry. The EU now requires Thailand – a major global supplier of seafood – to prove where its fish have been caught when exporting internationally, said industry insiders, after a number of serious abuses […]