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    Category: Trade

    Infrastructure Lead Story News Trade

    Thailand to boost funding for Rangoon-Mae Sot road upgrade

    The Thai government is stepping up efforts to boost the Rangoon-­Mae Sot trade link by approving a 1.8 billion baht ($53 million) budget to help Burma develop part of its road along the transnational route.

    Lead Story News Trade

    Thailand seeks to upgrade border crossing at Three Pagodas Pass

    The move would be a boost to the growing trade and tourism business in the area, says the head of Thailand’s Immigration Bureau.

    Business Lead Story News Trade

    US sanctions fears choke Burmese trade

    Half of all Burma’s trade flows through the Asia World terminal, owned by blacklisted Steven Law.

    More

    Business Lead Story Natural Disasters News Trade

    Burmese economic growth stymied by flooding: World Bank

    The World Bank’s prediction that the Burmese economy would grow at some 8.2 percent this year has been slashed in the latest ‘Myanmar Economic Report’.

    ASEAN Lead Story News Trade

    Thai-Burma border trade booms

    Cross-border trade between Thailand and Burma through the Mae Sot-Myawaddy checkpoint totalled more than 60 billion in the last fiscal year.

    Business Lead Story News Trade

    Business Weekly

    Catch up on all this week’s business news from Burma.

    Business Lead Story News SEZ Trade

    Business weekly

    Catch up on the latest in Burmese business, development and finance from this week.

    Lead Story News Trade

    Rice exports could be banned till November

    Burma, which has imposed a temporary ban on rice exports after heavy rains and floods hit the northern and western regions of the country, may not resume rice exports until November, local sources said, quoting an announcement by the Ministry of Commerce.

    Business Lead Story Myanmar News Trade

    First Malaysian bank opens in Burma

    Malayan Banking Bhd (Maybank), Malaysia’s leading bank by assets, commenced branch operations in Burma on Monday.

    Burma's tourism industry is growing fast. (PHOTO: Wikicommons).

    Lead Story News Trade Travel & Tourism

    Free tourist visas to Burma (for Thais)

    Thailand and Burma signed an agreement on Tuesday to allow citizens with ordinary passports to make visa-free visits of up to 14 days.

    Lead Story News Shan Trade

    Sino-Burmese border market shelled

    The attackers used heavy weapons, most likely mortar or artillery fire, damaging some commercial buildings.

    Economy Lead Story News Trade

    Central Bank moves to prevent commodity price hike

    State-owned Central Bank of Myanmar on 17 June announced that it will begin the unrestricted sale of foreign currencies to fuel and edible oil importers.

    Business Lead Story News Trade

    Forex traders warned as kyat struggles

    As Burmese kyat falls, the Central Bank of Myanmar warns foreign currency exchange operators to sell foreign bank notes only within official rates.

    Business Weekly Lead Story News Pegu Division Trade

    Business weekly 8 May 2015

    Telenor posts record revenues; Carlsberg opens beer factory in Pegu; Burma poised to be leading rice exporter; and rents in Rangoon on the rise.

    Lead Story News Politics Trade

    US drops sanctions on Dagon Win Aung

    The US has lifted its sanctions against a Burmese businessman and chairman of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).

    Development Lead Story News Trade

    World Bank presents historic funding package for Burma

    The World Bank on Thursday announced a new funding package for Burma, in it’s first full framework for the country since 1984.

    Lead Story News Shan Trade

    China pressing ahead with bridge building despite land dispute, say Namhkam locals

    Some 500 residents turn out on Friday in the town of Namhkam in northern Shan State to protest the visit of Chinese officials from across the common border.

    Lead Story Natural resources News Trade

    Oil exports resume on Thai-Burma border

    Burmese soldiers have reopened ports on the Moei River opposite to Thailand’s Tak Province to trade.

    Lead Story Natural resources News Trade

    Karen BGF closes jetties in oil dispute with Thais

    The Karen Border Guard Force (BGF) has closed 23 border ports along the Moei River in retaliation for curbs on oil transportation by Thai authorities.

    Business Weekly Lead Story News Trade

    Business weekly 20 March 2015

    In business this week: Fewer liquor licenses to be issued; India-ASEAN highway faces traffic conundrum; Burmese debit cards go global.

    Health Lead Story News Trade

    Health ministry warns against Chinese meds

    Unregistered medicines should be avoided, consumers told, while retailers and distributors are warned of possible legal action.

    Burma Business Business Weekly Lead Story News Trade

    Burma Business Weekly

    In business this week: Ministry of Commerce abolish trade registration fines; Burma market potential lures Thai investors; MP says corruption, waste risks more debt; Burma among world’s cheapest labour; Burma-China seals rice export deal; Chicken culling to halt H5N1;

    Lead Story News Sagaing Trade

    Poultry ban after bird flu outbreak in Monywa

    Restrictions on the movement and sale of poultry are in place as a H5N1 outbreak takes hold in Sagaing Division.

    Burma Business Weekly Lead Story News Trade

    Burma Business Weekly

    Japan bank opening account in Burma; Burma to dominate rice export industry; Officials meet in bid to boost India-Burma trade; Tobacco duties set to rise; India holds on to Burma’s pharma industry

    Burma Business Business Weekly Lead Story News Trade

    Burma Business Weekly

    ADB pledge $80m to Irrawaddy delta; Burma tackles rising power demands; preparations underway for new Indo-Burma trade zone; S Korea assists rice exports.

    Lead Story News Protest Trade

    Rangoon textile workers hit the streets

    After a thirteen-day sit-in, textile workers in Shwepyithar Industrial Zone are threatening to form protest camps to achieve negotiations on their demands.

    business weekly, biz weekly

    Business Weekly Lead Story News Trade Travel & Tourism

    Business weekly 6 February

    In business this week: plans in place to allow foreigner to buy stocks; Burma considers sales of debt; deprived Chin State targets tourists

    Lead Story News Trade

    Bridging borders

    Hopes that a new, four lane bridge will boost trade in Thailand and Burma.

    Lead Story News Shan Trade

    AWOL Chinese traders leave farmers out of pocket

    Farmers in Shan State are owed a huge sum of money after their trading partners were arrested back in China.

    Business Lead Story News Trade Travel & Tourism

    Burma anticipates continued tourism boom in 2015

    With the recent influx of foreign nationals into the country proving lucrative, significant investments are made to take advantage of likely continued rise.

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