Myanmar-Thailand to solve East-West Economic Corridor connectivity bottlenecks

Myanmar has accepted Thailand’s 1.8-billion-baht project to improve its Thaton-Ein Du highway, a section of the East-West Economic Corridor, and asked the latter to improve other roads along the corridor. The move is in line with the Thai cabinet’s approval on Tuesday for the Highways Department to conduct the task, and both countries would form […]

Tachilek on an e-Visa

Chiang Rai, 17 January 2017: Travel to the Mekong Region is often called the ‘last frontier,” but with a littler effort the frontier hassles can be rolled back for the determined traveller. A phrase coined to conjure up the mystique of travel ironically identifies the major snag for travellers to the Greater Mekong Sub-region; frontiers. […]

Myanmar-Thailand transportation agreement could be signed next year

Myanmar and Thailand are in discussions about a cross-border transport facilitation agreement and will enter into a memorandum of understanding (MoU) by July, 2017, according to the Ministry of Transport and Communications. Greater Mekong Sub-region Road Transport Permit is slated to initially launch on 1st July, 2017 to facilitate the cross-border road transport between Myanmar […]

MIC to remain under ministry control

Myanmar’s new government will not allow the Myanmar Investment Commission to become an independent entity, but the MIC is planning to amend its policies to relax investment restrictions and direct more capital flows into manufacturing, its secretary U Aung Naing Oo has said. There have been discussions about an independent MIC for several years. U […]

JCB to open Yangon Branch

CB International is cooperating with Myanmar Payment Union banks to issue JCB cards by the end of 2016 or as soon as next year, according to a press release from the group. As well  as this partnership JCB is establishing a branch in Yangon under the subsidiary JCB International (Thailand) Co. Ltd. JCB will be […]

Despite Myanmar dam blockage, China confident about ties with Suu Kyi government

Beijing is seeking to overcome blockages with a controversial Chinese-invested dam in Myanmar, Foreign Minister Wang Yi said on Tuesday. Outgoing Myanmese President Thein Sein put the US$3.6 billion Myitsone dam on hold in 2011, citing public opposition. But residents and environmental groups have said CPI, the Chinese company behind the project, has tried to […]

Asian Firms to Target Mekong; 42pc Eye Myanmar Expansion over Ten Years: EIU

In the next ten years, companies in Asia will focus more on opening new factories and offices in Southeast Asia and less on China The business landscape in Asia will change significantly over the next decade, as companies in the region focus more on new growth opportunities in countries such as Myanmar, Vietnam and Thailand, […]