Myanmar to open another trade centre on Thai border

The construction of Maisal Trade Centre in Kayah State along the border with Thailand has just been completed and the government plans to open the border gate soon. This will be the 7th border trade centre between Myanmar and Thailand. Its construction cost a total of Ks 110 million (US$ 110,000), according to the Ministry […]

JICA, govt to finalise railway upgrade loan

Japan will loan Myanmar US$200 million of the $500 million required to upgrade the Yangon-Mandalay Railway early next year, a Japan International Cooperation Agency official said last week. While JICA has not committed to financing the remaining $300 million, chief representative Tanaka Masahiko said it was the “first batch” of several payments for the upgrade, […]