Ailing Thai energy firm holds steady in Myanmar
Thai oil and gas firm PTT Exploration & Production (PTTEP) has no plans to divest in Myanmar despite massive losses, the company has said. The pandemic-related market collapse slashed PTTEP’s net profits by 69% in second quarter of thi
Government to investigate Chinese-backed border development
The government announced that it will establish a special tribunal to investigate Shwe Koko, a large, Chinese-backed casino resort planned for the Thai-Myanmar border. The tribunal will investigate allegations of law violations and under-the-table deMyanmar- ASEAN commercial trade holds on in H1 of 19-20 FY
If the trade with its Indian neighbor is down 40% (see this week’s highlight), Myanmar’s commercial exchanges with its ASEAN partners remain healthy. According to the latest reports from the Ministry of Commerce, the aggregated sea and laThai-Myanmar border trade down over 10%, overall trade up in current fiscal year
The Ministry of Commerce published the latest official statistics on the value of the Thailand-Myanmar border trade from 1 October 2019 to 1 May 2020 this fiscal year, and the value is down by more than 10% compared to last year. For the first seven
Thai businesses at closed border speak out
Thai businesses across the Maw Daung (or Singkhon) pass, on the southern Thai-Myanmar border, are calling for the border to be re-opened. According to the Bangkok Post, traders based in the southern province of Prachuap Khiri Khan have petitioned the
