The Myanmar government is expected to sign an agreement with two Thai construction companies to start developing the first phase of the Dawei megaproject, the Bangkok Post reported on March 3.
Fifty farmers from Kyauk Phyu Township in Rakhine State recently demonstrated calling for compensation over mud from the gas pipeline construction destroying their farmland, reports Burma News International on February 24.
A Korean company is aiming to build and operate the first cable car in Mount Kyaiktiyo in Mon State next year, according to The Korea Herald on February 23.
Convenience and modernisation are major factors for Thai companies keen to attract Myanmar consumers, according to the Bangkok Post on February 24.
Myanmar workers are preparing to protest over alleged discrimination by Thailand’s PTT Exploration and Production Company, according to the Zawtika Offshore Myanmar Organization or ZOMO on February 20.
The Union of Myanmar Federation of Chambers of Commerce and Industry says it expects the volume of bilateral trade between Myanmar and India will reach US$10 billion [K10,000 billion] by 2020, reports Xinhua on February 19.
A hotel group based in the United States has unveiled plans for a US$157 million mixed-use development on Yangon’s Kandawgyi Lake, business news website Octa Finance reported on February 19.
Amid human rights concerns linked to the investment surge in Myanmar, too few companies publicly discuss their human rights policies and due diligence efforts, according to the findings of the Business & Human Rights Resource Centre on February 17.
Myanmar and India’s commerce ministers reiterated their mutual desire to improve trade between their two countries at a meeting in Nay Pyi Taw, according to the Business Standard on February 17.
This morning, the rescue team found the Thai captain but have not yet found the Myanmar captain.