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Thailand, Myanmar agree to cooperate

Thailand and Myanmar have signed a collaboration deal to promote tourism routes connecting ancient cities of the two countries in preparation for a travel boom expected from Asean. Thailand’s Designated Areas for Sustainable Tourism Administration (Dasta) earlier this month signed a memorandum of understanding (MoU) with Myanmar authorities to foster sustainable and cultural travel routes […]

Quenching Myanmar’s Thirst for Craft Beer

On a hot summer morning at a riverside plot in Yangon’s North Dagon, a small team of brewers carry sacks of grain imported from Germany on their shoulders to a small mill. There’s a brewer using a wooden paddle to stir the grain in the mashing tank. It’s steamy and smelly and there are pressure […]

Blockchain-based fintech company Everex signs deal with Krungthai Bank, SHWE Bank

Everex, blockchain-powered digital remittance platform, announced that it has signed an agreement with Thailand-based Krungthai Bank and SHWE Bank from Myanmar. The deal will see the three entities jointly introduce a cross-border, blockchain-powered money transfer services between Thailand and Myanmar. The new service is called “Krungthai Bank and SHWE Bank Remittance powered by Everex”. This […]

Trade volume between Myanmar and Thailand reaches over US$1.7 B

Trade volume between Myanmar and Thailand reached over US$1.7 billion till January 2019 and Myanmar exported over US$1 billion worth of products to Thailand, according to Ministry of Commerce. Myanmar exported US$3.823 billion worth of products and imported US$691.145 million worth of products in 2011-12 FY and exported US$4.576 billion worth of products and imported […]

Myanmar farm workers get B1.7m

After a three-year trial that exposed questionable labour practices used by Thailand’s thriving poultry industry, 14 Myanmar workers learned Tuesday they would receive a total of 1.7 million baht in compensation. The Central Labour Court, also known as the Supreme Labour Court, issued a statement confirming that it has ordered Thammakaset Farm to pay the […]

MoneyGram and MCB announce money transfer services

MoneyGram and Myanmar Citizens Bank (MCB), have announced an agreement to provide money transfer send services at every MCB bank location in Myanmar. According to a statement, consumers can send money from 42 branches to any MoneyGram location in more than 200 countries and territories worldwide. In celebration of the new agreement, MoneyGram is offering […]

Glamping arrives in Mergui Archipelago

It’s a case of ‘take only photos and memories, leave only footprints’ at the newest five-star resort in the remote Mergui Archipelago, off the coast of southern Myanmar and Thailand. With its opening listed as among the most highly anticipated by luxury lifestyle Robb Report and Luxury Travel magazine, Awei Pila (aweipila.com) received its first […]

Hyundai joins fray in Myanmar’s crowded auto market

Myanmar’s restrictions on imported vehicles are pressing foreign automakers to switch to local production, adding pressure to a crowded field in Southeast Asia’s last promising growth market. Last week, South Korea’s Hyundai Motor marked the opening of a new contract manufacturing facility in Myanmar by launching its first locally made cars. That makes it one […]

PTTEP to raise investments in Myanmar offshore projects to maintain gas production

Since 2014, a total of 345 million cubic feet of natural gas for daily domestic consumption and export to Thailand is channeled from the offshore Zawtika Project in the Gulf of Moattama to the Zawtika Operation Center (ZOC) in Kanpauk Township, Tanintharyi, said Mr Piya Sukhumpanumet, general manager of PTTEP Myanmar Assets. Natural gas, which […]

Police arrest six suspected human traffickers in Yangon, cases to be filed

Police have arrested six suspected human traffickers in Yangon, a senior official of the Myanmar Overseas Employment Agencies Federation (MOEAF) said yesterday. The suspects, who were arrested a day earlier during a raid at their office, were allegedly working in an employment agency that had been sending workers to Thailand without a licence, U Peter […]