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Thailand to Shut One of Two Border Crossings With Myanmar Amid COVID-19 Concerns

The governor of Thailand’s Tak province has decided to close one of the two Thailand-Myanmar border checkpoints at Mae Sot, across from Myawaddy, Karen State, from Saturday, March 21 until further notice, in an effort to curb the spread of the coronavirus. U Thant Zin Aung, a state parliamentarian from Myawaddy Township, told The Irrawaddy, […]

Trading resumes in Muse, but demand from Thailand yet to pick up

Trade in Muse, the Myanmar town bordering China, has picked up again after grinding to a halt in the wake of the Covid-19 outbreak, U Min Thein, vice chair of Muse rice merchants association told The Myanmar Times. He said trade activities are now running at 80 percent of their usual capacity, and should return […]

SCB waits on new Myanmar licence

Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official. If approved, SCB will upgrade the existing representative office to a branch, said first executive vice-president Kamalkant Agarwal. The bank needs time to develop infrastructure […]

Authorities perform health screenings in Lashio airport

Health authorities are carrying out health screenings in Lashio airport in northern Shan State since February 1 and most of the travellers are wearing facemasks, sources said. The authorities said they haven’t found the 2019 novel coronavirus suspected patients yet in Lashio. Similarly, vinyl about coronavirus protection are pasted in maternal and child health clinic, […]

Thailand’s KBank to acquire 35% stake in Myanmar’s A Bank

Thailand’s Kasikorn Bank (KBank) is preparing to invest in Ayeyarwaddy Farmers Development Bank (A Bank) in Myanmar, according to government data. The Myanmar Times understands that the Thai bank is looking to buy a 35 percent stake in the A Bank and has sought approval from the Central Bank of Myanmar (CBM) to do so. […]

Myanmar seeks migrant-worker protections in Malaysia and Thailand

The government is negotiating with Malaysia and Thailand to ensure that hundreds of thousands of Myanmar nationals working in their countries will have access to social welfare benefits, a senior minister said. U Thein Swe, minister of Labour, Immigration and Population, said the Myanmar Social Security Board is leading the negotiations with their counterparts in […]

Singapore-Kunming Rail Link (SKRL)

The Singapore-Kunming Rail Link (SKRL) is a pan-Asian high-speed railway network being developed to connect the countries of Cambodia, Laos, Malaysia, Myanmar, Republic of China, Singapore, Thailand, and Vietnam. The 6,617.5km-long, meter-gauge railway network is being developed with an estimated investment of $15bn, under the ASEAN-Mekong Basin Development Cooperation (AMBDC) which was formed to encourage […]

Myanmar gas deal to benefit Thailand

A new cooperation deal between the Myanmar government and private energy company, MPRL E&P, will bring good news for Thailand’s power generation sector, Myanmar’s Ministry of Electricity and Energy said in a statement on Monday. The statement was issued after MPRL E&P, a Myanmar-based independent energy company, successfully concluded negotiations with Yangon on two key […]

Thai Investors Look to Bring Mass Tourism to Myanmar’s Myeik Archipelago

Yangon – Business owners from Thailand have expressed interest to invest in tourism in Kawthaung and the Myeik archipelago, in Tanintharyi Region in southern Myanmar, according to Director-General U Thant Sin Lwin of the Directorate of Investment and Company Administration (DICA). “The region has mainly engaged in livestock and mining, and lately, tourism is springing […]

Myanmar tourists encouraged to use Visa in Thailand

The Tourism Authority of Thailand (TAT) and Visa credit cards announced a partnership to promote tourism between Thailand and Myanmar. Under an ongoing campaign to encourage more Myanmar tourists to experience the benefits of digital payments while travelling overseas, locals visiting Thailand can collect a THB500 discount voucher at the Yangon International Airport. The voucher […]