Myanmar, Thailand push ‘one destination’

Bagan: Thailand and Myanmar have vowed to stimulate tourism and raise the number of visitors between the neighbouring nations to 1.5 million by 2020 as part of the “two countries, one destination” cooperative scheme. The Tourism Authority of Thailand (TAT) signed a memorandum of understanding last Friday with the Myanmar Tourism Federation to promote tourism […]

Japan invests in Dawei

The multibillion-dollar Dawei special economic zone (SEZ) and related projects will go ahead at full scale after Japan yesterday agreed to take a one-third equity stake in the associated special purpose vehicle (SPV) jointly set up by Myanmar and Thailand. The deal was struck at the fifth Myanmar-Thailand Joint High-Level Committee Meeting that was attended […]

Thailand Turns to Mekong Neighbors, Myanmar to Diversify Exports

Thai policy makers searching for ways to reverse a slump in exports may have found a solution close to home — a $170 billion market just over the border that’s growing by more than 6 percent a year. As shipments to China, Europe and the U.S. slow, Thailand’s government is crafting a strategy to deepen […]