Saudi Arabia blocks Myanmar fisheries products at its ports

Saudi Arabia has seized around 30 containers of Myanmar fisheries products at its ports, said U Ye Min, a member of the Myanmar Fisheries Products Processors & Exporters Association. He said the Saudi authorities would not permit the products to enter the country and the containers have been left at the ports. The fisheries in […]

VPower group wins Myanmar’s emergency power tender

Hong Kong-listed VPower Group said its consortium with Myanmar’s Zeya & Associates had been provisionally awarded four of the five emergency power projects tendered by the energy ministry in June. The consortium said it won three projects that would use imported liquefied natural gas in Rakhine’s Kyaukphyu, Yangon’s Thanlyin and Thaketa, totalling 900 megawatts. It […]

Negotiations on to ensure Alipay, WeChat use CBM payment gateway

Negotiations are under way to make sure transactions on the WeChat Pay and Alipay services — which are used by Chinese tourists visiting the country — pass through the payment gateway of the Central Bank of Myanmar (CBM), said Naw Pan Thinzar Myo, the Yangon Region Minister for Kayin Ethnic Affairs. The move would help […]

India, Thailand, Myanmar to be connected with a 1400-km road

BANGKOK: India , Thailand and Myanmar are working on a 1,400-kilometre long highway that will link India with Southeast Asia by land for the first time in decades, giving a boost to trade and cultural exchanges between the three countries. Indian Ambassador to Thailand Bhagwant Singh Bishnoi said 73 bridges in Myanmar, built more than seven decades ago during World War II, were […]