The Confederation of Indian Industry (CII), in partnership with the Ministry of Commerce and Industry, Government of India, held the sixth India-CLMV business conclave: Building Bridges for Constructive Development virtually with Cambodia, Lao PDR, Myanmar and Vietnam (CLMV). The two-day event earlier this month created a platform to strengthen India’s cooperation with the CLMV countries. […]
Read MoreThe Yangon-Bangkok highway project that will allow people to reach Bangkok Yangon by bus in nine hours has launched with financial assistance from Asia Development Bank, according to the Ministry of Construction. Currently, it takes 16 hours to travel 570 miles from Thialwa, Yangon to Bangkok by vehicles. One the new route, it will take […]
Read MoreFour massive Thai conglomerates — B.Grimm Group, Amata Corporation, PTT and Global Power Synergy — have entered into an agreement to develop an 800-square-kilometre industrial estate in Myanmar. A memorandum of understanding is expected to be signed by the beginning of next year, said B.Grimm chairman Harald Link. Mr Link said B.Grimm’s role in the […]
Read MoreMyanmar has expected to sell 50 percent of natural gas produced from offshore projects to Thailand and 20 percent to China while the remaining 30 percent is set for domestic sale, according to the 2020-2021 State budget data. In the domestic gas consumption, 85.9 percent will be electricity generation, 5.3 percent for CNG production, four […]
Read MoreU Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest. He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture, textile, transportation, and banking and […]
Read MoreAmid Covid-19 restrictions between bilateral BCF zones, Myanmar has allowed cargo trucks from Thailand to come up to Myawady trade zone as of November 23 under the instruction of the Kayin State government to facilitate commodity flow. “Our trade activities are a main thing. Currently, bilateral trade activities are being carried out between the BCF […]
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