New bridge boosts Thai-Myanmar ties

TAK: Bilateral border trade between Thailand and Myanmar is expected to flourish after the second Thai-Myanmar Friendship Bridge becomes fully operational, starting from Oct 30. Niyom Wairatpanich, vice-chairman of the Thai Chamber of Commerce, said the bridge is vital to boost border trade between the two countries, increasing trade flow and logistics services through Mae […]

Logistics player Ever Flow River to list on YSX this year

Ever Flow River Group Public Company (EFR Group), which provides logistics services in Myanmar, wants to list on the Yangon Stock Exchange (YSX) this year, its chair, U Kyaw Lwin Oo, told The Myanmar Times. If successful, it will become the sixth company to list on the bourse since its launch in 2016. EFR Group […]

Myanmar allows investment by 16 local, foreign companies in October

YANGON, Nov. 5 (Xinhua) — Myanmar allowed 12 local companies and four foreign firms to make investment in the country last month, the Directorate of Investment and Company Administration said on Wednesday. Of the 12 national-owned companies, two are expected to invest in local and foreign air transportation services, while others will build and run […]