Border trade with China picking up

Border trade between China and Myanmar, hit hard by the COVID-19 outbreak, appears to be picking up. Trade along the Myanmar-China border had plummeted as China closed border crossings and internal trade routes in an attempt to slow the spread of COV

Corn crop latest focus in Thai border trade developments

The Myanmar Corn Association is overseeing the development of corn wholesale collection centers in the border town of Myawaddy as the country builds its trade infrastructure with Thailand. The sites are expected to open in April. U Min Khine, chair

Switzerland grants asylum to wife and children of rebel leader

The wife and two children of a rebel official in Rakhine State have been granted asylum in Switzerland. The family of Major General Tun Myat Naing of the Arakan Army had been living in Thailand as the separatist leader skirmished against the Myanmar

Thai developer to build USD 1 billion complex in Yangon

Thai developer Amata Corp. has announced plans to invest USD 1 billion in an industrial complex in Yangon. Amata recently signed a land lease agreement and joint venture agreement with the Myanmar Ministry of Construction in the country’s capit
Ministry of Investment and Foreign Economic Relations to target Asian FDIs in 2019-20 FY

Ministry of Investment and Foreign Economic Relations to target Asian FDIs in 2019-20 FY

MIFER’s Permanent Secretary, U Aung Naing Oo, said that his ministry will not expect significant investments from US and EU for the ongoing FY, due to the geopolitical challenges. Instead, the ministry expects FDIs originating from fellow ASEAN
Thai govt to grant loans to develop transnational road network

Thai govt to grant loans to develop transnational road network

Regional integration between the CMLVT countries (Cambodia, Myanmar, Laos, Vietnam and Thailand) through infrastructure development has been high on the agendas of the respective regional governments and a new grant from Thailand will help develop it