Since the 2021 military coup in Myanmar, foreign governments in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.
By Richard S. Ehrlich BANGKOK, Thailand China's imported electric vehicles (EVs) are heavily denting U.S. and Japanese car sales in Thailand, so Chinese manufacturers are investing more than a billion dollars to assemble their EVs near Bangkok to expand .