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 […]

Myanmar ripe for Thai investment, says envoy

Thai businesses should take a more aggressive approach to penetrating Myanmar before other investors get too far ahead, according to Thailand’s ambassador to Myanmar, Visanu Suvanajata. Although Thailand and Myanmar are neighbours, Thai investment in the country remains small with fresh investment pouring in at slower pace compared with other countries. “Thai investors should hurry […]

Thailand to sign first phase of Dawei development

Thailand will sign a $1.7 billion deal to develop the first phase of the long-delayed Dawei Industrial Zone in southeastern Myanmar in the first week of August, Thailand’s secretary-general of the state planning agency said. The project is arguably Southeast Asia’s most ambitious industrial zone – a 250-sq-km (100-sq-mile) deep-sea port, petrochemical and heavy industry […]