The Export-Import Bank of Thailand (Exim Thailand) is gearing up to provide more loans for Thai companies venturing into Myanmar on expectations of a long-awaited economic boom. The bank would provide more loans to Thai and Myanmar businesses that are considering using a wide range of Thai products in their commercial operations in Myanmar, said […]
Myanmar’s state-owned enterprises show how much reform is still needed
NOTHING has been made in the engine factory in Thagaya, in the south of Myanmar, since April last year. Yet around 350 employees still turn up each day. In 2016 government-owned factories like this one made a loss of more than $200m. When Myanmar moved from military dictatorship to a form of democracy, its new […]
With Sanctions Eased, US Sees Economic Potential in Myanmar
STATE DEPARTMENT — U.S. officials are looking to boost economic engagement with Myanmar, a country that has been dubbed by some as “the final frontier” because it is one of the last markets largely untouched by Western companies. The United States imposed heavy economic sanctions on Myanmar in 1997 over the ruling military junta’s repression […]
Myanmar to offer additional telecom licenses
Subscribe to our tender alert mailing list Myanmar will offer more telecom licenses in the future to “increase competition” in the telecom sector following its groundbreaking offering of two telecom licenses this year, a top government official said, according to Indian media reports. “Awarding these telecom licenses is a priority. Since there was limited spectrum, […]