Roads slow Thailand trade

Thailand officials expect to boost bilateral trade with Myanmar by 20 percent in the coming year as progress is made on logistics and trade promotion, according to government officials. Trade between the two countries takes advantage of the 2400 kilometre shared border, generating US$8 billion worth of trade last year, said Thai deputy minister of […]

Myanmar upgrades civil aviation business to boost air transport

YANGON, Jan. 9 (Xinhua) — Myanmar is upgrading its civil aviation business in a bid to boost the air transport sector amid growing tourist arrivals in the country year-on-year. As part of the move, it has recently corporatized Myanmar National Airlines (MNA) in operation to facilitate investment in air transportation technology and services. The corporatization […]

ADB to Loan $60 Million for Myanmar’s Electricity Network

YANGON — In a push to develop Myanmar’s national power grid, the Asian Development Bank (ADB) has offered a US$60 million loan to improve access to electricity in four divisions. Some 480,000 households in Yangon, Mandalay, Sagaing and Magway divisions will see access to a more reliable electricity supply through the loan, ADB said Monday. […]