U Kyaw Kyaw Maung, governor of the Central Bank of Myanmar (CBM) and his Thai counterpart Veerathai Santiprabhob, have signed a memorandum of understanding (MOU) to promote the use of the Myanmar kyat and Thai baht for trading at the border, according to an October 21 statement issued by the Bank of Thailand. The governors […]
Fishery exports fetch $173 mln in current fiscal year
Myanmar’s exports of fishery products between 1 October and 7 December totalled about US$173 million, an increase of $29.6 million compared with the same period last year, according to statistics released by the Commerce Ministry. Fishery exports at the Thai-Myanmar border points of Myawady, Kawthoung, and Myeik registered an increase in the first two months […]
Mergui: Paradise about to be lost?
MYEIK, Myanmar, 1 December 2017: Regarded as one of the last island paradises left on Earth, Mergui Archipelago is fast becoming one of the most sought-after new destinations in Asia. Currently lacking any significant tourism infrastructure, the formerly off-limits region in the Andaman Sea only opened to pioneer tourism in 1997 after half a century […]
Myawaddy industrial zone set for 2017 opening
An industrial zone under development in Kayin State is expected to open in fiscal year 2017, according to officials. The Myawaddy industrial zone is being built on a 201-acre site between Myawaddy and Thingan Nyi Naung, just 7 miles (11 kilometres) from the Thai-Myanmar border. “The state government hasn’t set a time limit on the […]
Thai-Myanmar border trade resumes through Mae Sot
Myanmar soldiers reopened ports on the Moei River opposite Tak province to trade on Tuesday night after Thai authorities allowed oil exports to resume through pipelines to Myawaddy. Myanmar soldiers had closed 23 ports on the river bank on Tuesday morning. This followed Thai officials’ recent decision to ban fuel deliveries through pipelines. They said […]
Have we destroyed Mother Nature’s gift beyond repair?
A recent news report stated that illegal logging is decreasing in Shan State. It also reported that illegal logging has been clamped down with the army’s assistance. Moreover, we have also learned that the Forest Department distributed three teak saplings to each household in Kywebwe town last month to encourage people’s participation in their afforestation […]
Four Thai-Myanmar border crossings to be opened on August 28
Myanmar and Thai citizens, as well as foreign tourists, will be allowed to pass through four Thai-Myanmar border checkpoints, including Myawady, starting from August 28, an official said. “We have received instructions to allow Thai citizens and foreign tourists to pass through all four border checkpoints on August 28. The remarkable thing is that Myanmar […]