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Thai, Indian Firms Selected to Supply Power, Gas to Myanmar New City Near Yangon

YANGON—The main developer of a controversial new city slated for construction on the western bank of the Yangon River has selected two foreign companies to supply and distribute electricity and natural to for the project. New Yangon Development Company (NYDC) announced on Tuesday that it has chosen Thailand’s PTT Group, comprising PTT, PTTEP and GPSC, […]

Thai-Myanmar pact to boost cross-border transport

Thailand and Myanmar expect to have cars travelling on three routes between both countries this September, in a move set to bolster the regional economy. Each country will be granted 100 licences for their transport operators, who can drive hundreds of kilometres into the inner areas of the countries, including to Yangon and a port […]

Scores of Thais held for illegal entry in Tachileik

Myanmar authorities asked to help locate fugitives in major cases have detained 81 Thai nationals near the border with Chiang Rai province on charges of illegal entry. Thai authorities were in contact with their Myanmar conterparts to find out whether one of the men is Pannawit Prathum, who is wanted for the murder of a […]

China port pact in focus as President visits Myanmar

President Ram Nath Kovind’s first visit to Myanmar starting on Monday will be an occasion to build upon the strong bilateral relationship with India’s biggest link with the Asean region. However, with Myanmar signing the Kyaukpyu port project with China in November, officials in India are concerned that this port could become a greater security […]

Extortion and abuse: Myanmar workers arrive debt-laden in Thailand

A “mafia” of recruitment agents is trapping Myanmar migrants to Thailand in debt bondage despite a 2017 law meant to fight exploitation in the kingdom’s notoriously shadowy job market, activists and workers say. Migrant labour — much of it from Myanmar — has propped up Thailand’s economy for years, with foreigners working everywhere from factories […]

Anti-corruption drive dodges political donations and criminal liability

Nay Pyi Taw has stepped up its efforts to curb corruption by empowering the anti-graft body and reaching out to the private sector. Yet, the announcement from the Directorate of Investment and Companies Administration (DICA) has created confusion among businesses. Crucially, there are still no criminal liability for offering bribes and no effective regulations on […]

Myanmar opening its doors wider

REVISED investment laws in Myanmar have been welcomed as offering greater opportunities for Thai companies of all sizes to move into wholesale and retail businesses across the border. Pakainay Leng-ee, minister counsellor at the Thai embassy’s office of commercial affairs in Yangon, yesterday said Thai companies could have ownership in wholesale and retail businesses of […]

Thai-Myanmar border commerce to double by 2026

The value of border trade between Thailand and Myanmar is expected to double to US$12 billion by 2026, says the assistant spokesman of the Prime Minister’s Office. The cabinet has approved the proposed draft of policies and initiatives for the ninth Meeting of the Myanmar-Thailand Joint Commission, as diplomatic relations between the two nations turn […]

Thai’s Kim Sone bamboo a hit in Myanmar

Commercial bamboo growers in the country have set their eyes on the Kim Sone species from Thailand which is resilient and can grow in any season, said U Kyaw Win, President of Myanmar Bamboo Society. The society has been promoting and distributing Kim Sone to bamboo growers for the past three years, he said. In […]

EGATi seeks Myanmar power plants

Egat International Co (EGATi), a wholly owned subsidiary of the Electricty Generating Authority of Thailand (Egat) is in talks with local operators to construct small gas-fired power plants in Myanmar. The company is seeking at least 10 potential sites for the construction of power plants with a capacity of 5-10 megawatts. EGATi estimates the investment […]