BUSINESS – Hopes that new Thai-Burma crossing will boost border trade

The celebratory opening of a new permanent Thai-Burma border crossing took place on 23 May. With crossings over the Singkhorn Pass between Thailand’s Muang District and Tennasserim in Burma previously only allowed on Saturday, Thai officials reported that trade could grow from the current 4 billion baht (US$119 million) a year to 12 billion with the checkpoint functioning every day. The main exports through the crossing from Thailand are manufactured consumer products, construction materials and oil, while Burma exports principally seafood and agricultural products to its neighbour.