Thailand closes crossing impacting trade
Myanmar passed 40,000 confirmed COVID-19 cases this week. Key industries continue to suffer, and the government continues to scramble to soften the blow. This week, the border crossing at Mae Sot, Thailand, the busiest land portal between the KingdomThai SCB granted license to setup local bank in Myanmar
The Bangkok Post reported that Siam Commercial Bank (SCB), Thailand’s fourth-largest commercial lender by assets, has set up a bank in Myanmar. It received a subsidiary business licence from the Central Bank of Myanmar, aiming to expand via offThailand and Myanmar resume cross-border goods transport
After almost 2 weeks with trade halted between Thailand and Myanmar, both countries have managed to reach an agreement and resume trade on September 30th. Myanmar has accepted Thailand’s proposal to resume goods transportation under the condition t
Thailand optimistic about trade despite stay-at-home measures
Thailand’s chamber of commerce believes trade with Myanmar will not be greatly affected by the recent stay-at-home measures in Yangon. The blanket stay-at-home order, which will continue for at least 14 days, covers the entire city and heavily
Thailand secures Myanmar border
Myanmar’s massive new wave of COVID-19 infections has put Thai health authorities on high alert. Although the new wave originated across the country in Rakhine State, Sophon Iamsirithavorn, director of Thailand’s Division of Communicable
