Ex-Samsung executive named ambassador to Myanmar

SEOUL, May 23 (Yonhap) — South Korea on Monday named a veteran Samsung salesman as ambassador to Myanmar in a clear move to secure new business opportunities abroad. The Foreign Ministry said it appointed Yoo Jae-kyung as Seoul’s new top envoy to Naypyidaw in a minor reshuffle that also involved the appointment of a new […]

Thai PTTEP Says Keen To Buy Chevron’s Stake In Myanmar Gas Field

PTT Exploration and Production Pcl (PTTEP), Thailand’s largest oil and gas explorer, said on May 24 it was keen to buy a stake in Yadana gas field in Myanmar from Chevron Corp. (NYSE: CVX). PTTEP, the flagship in the upstream business of PTT Pcl, was in talks to buy stakes in several oil and gas […]

Why can’t Myanmar freshwater prawns be exported aboard?

IN years past, large Myanmar freshwater prawns were exported aboard, but the current states of affairs see these prawns solely traded within the country. It is partly to do with a lower price offered by foreign countries, paying just K16,000 per viss (1.6kg) of large freshwater prawns, compared with the domestic market whereby the same […]