Vietnamese small-and medium-sized enterprises are keen to explore investing in Myanmar, according to the Cong Thuong (Industry & Trade) newspaper. Vietnam is among the top 10 foreign investors in Myanmar, with nearly 80 businesses pouring in investment worth US$1 billion in the host country. Major companies such as Hoang Anh Gia Lai, Bank for Investment and Development […]
Read MoreThe Central Bank of Myanmar has required local banks to upgrade the card payment technology, as a step toward integrating the payment system with the ASEAN region. Embedded in the surface of an EMV card is a microprocessor for storing data and instructions required for any purchase. Photo – Shutterstock Daw Than Than Swe, the […]
Read MoreThai businesses are ramping up ties with their Myanmar counterparts in five main areas — agriculture, border trade, energy, industrial development and tourism — to tap into vast investment opportunities in the neighbouring country. Panitarn Pavarolavidya, chairman of Thai-Myanmar Business Council, said the council’s first meeting held in Yangon on Feb 3 focused on the proposed […]
Read MoreBusiness communities and the governments of Thailand and Myanmar have agreed on bolstering cross-border trade by improving existing channels and developing new routes, and with an emphasis on the exchange of data and a new cross-border SEZ. State Counsellor Aung San Suu Kyi met with Thailand’s Deputy Prime Minister Somkid Jatusripitak in Nay Pyi Taw […]
Read MoreBagan: Saha Group, Thailand’s largest consumer goods conglomerate, has vowed to continue investing in neighbouring countries like Myanmar, where it is scheduled to run a new Mama noodle factory in Mandalay starting this year. Chairman Boonsithi Chokwatana said Myanmar is a high-potential market as indicated by the company’s sales, averaging 20% growth during 2015-16. In […]
Read MoreBagan: Thailand and Myanmar have vowed to stimulate tourism and raise the number of visitors between the neighbouring nations to 1.5 million by 2020 as part of the “two countries, one destination” cooperative scheme. The Tourism Authority of Thailand (TAT) signed a memorandum of understanding last Friday with the Myanmar Tourism Federation to promote tourism […]
Read More
Thailand
