Myanmar News
Thailand and Japan will sign a memorandum of understanding (MoU) next week on the joint double-track railway development. The MoU is part of three railway projects scheduled for discussion during a visit by Deputy Prime Minister Somkid Jatusripitak to Japan between Nov 25 and 28, permanent secretary for transport Chatchai Thipsunawi said yesterday. The meeting […]
Continue ReadingLEADWAY, IN cooperation with Japanese-based Sumitomo Construction Machinery, is leaving no stone unturned in adopting “aggressive business strategies” to capture a larger market share in an attempt to become one of the top three companies in the excavator markets of Thailand, Myanmar and Laos in five years. Chakart Seanchan, managing director of Leadway Heavy Machinery, […]
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Karen ethnic Thai villagers at the Salween River will be affected by the planned Hat Gyi Dam in Burma’s Karen state. The strong turn-out for Myanmar’s elections on Sunday demonstrates that people in Myanmar are not only eager to participate, but are also demanding their right to participate in decisions which will impact their lives […]
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Prayuth Chan-Ocha, the general who runs Thailand, wants to turn once unruly border regions into zones of economic prosperity. For much of the past century, the Thai border town of Mae Sot stood on one of Asia’s wilder frontiers. On the opposite bank of the swirling, mud-brown Moei River in neighboring Myanmar, Karen insurgents waged […]
Continue ReadingFurniture makers Index Living Mall and SET-listed Modernform Group will continue to expand in Myanmar in response to rising demand from the property sector. They said their expansion plans in Myanmar will move forward as usual regardless of the outcome of the national election. Modernform assistant vice-president Tummanit Suphanochakul said the company wanted to cash in on huge […]
Continue ReadingThe Labour Ministry will seek the cabinet’s approval next week to slash visa fees for Vietnamese workers as the country grapples with a labour shortage. The visa fee for Vietnamese workers will drop from 2,000 baht to 500 baht, said ML Boondarik Smithi, permanent secretary for labour, adding the request will be lodged at the […]
Continue ReadingThailand’s electricity generation system will find it difficult to endure a disruption of natural gas from Myanmar of more than 10 days. Soonchai Kumnoonsate, governor of the Electricity Generating Authority of Thailand, said on Wednesday that power plants with a combined capacity of almost 6 gigawatts here are dependent on supplies from the neighbouring country. […]
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Two companies from Korea and a Myanmar conglomerate have submitted a joint proposal to the Ministry of Construction to build an expressway from Yangon to Bago. Capital Diamond Star Group (CDSG) hopes to work with South Korea’s Lotte E&C and Halla Corporation to build the road, which would link Yangon to a new international airport […]
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WHA plans to focus more on renewable energy, especially solar rooftop and waste-to-energy business. (Bangkok Post file photo) The country’s leading warehouse developer plans to invest more than 32 billion baht over the next five years expanding its business at home and across Southeast Asia. WHA Corp, the market leader in building bespoke warehouses for […]
Continue ReadingWITH a clear road map leading the way toward economic and political development, Myanmar has become a beacon of hope for a growing number of foreign investors lured by the promise of riches in the years to come. With that in mind, the Thai ambassador to Myanmar has suggested that Thai entrepreneurs jump on the […]
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