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Myanmar Coup Means Huge Losses for Thailand’s Border Trade
Myanmar Coup Means Huge Losses for Thailand’s Border Trade
Armored personnel carriers and military trucks patrol in Mandalay on Feb. 3, 2021. / Zaw Zaw / The Irrawaddy
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By The Bangkok Post 3 February 2021
Thailand is estimated to forgo about 50 million baht (US$1.66 million, 2.21 billion kyats) a day from inconvenient transportation of goods and strict security checks by Myanmar’s military administration.
According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, the impact would amount to more than 1.5-2 billion baht a month if tight security inspections continue.
The Inside Story of Thailand and Myanmar’s Troubled Dawei Mega-Project
A truck passes by a sign on a road leading to a deep seaport project in Mayingyi, part of the Dawei Special Economic Zone development, on Jan. 27, 2012. / Soe Than WIN / AFP
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By Thai PBS World 26 January 2021
Myanmar’s long-delayed Dawei mega-project experienced yet another setback after contracts with Thailand’s construction giant Italian-Thai Development were canceled recently.
The ambitious, but controversial Dawei Special Economic Zone (DSEZ) project seeks to transform the sleepy coastal town into Southeast Asia’s largest industrial and trade zone – covering an area of about 200 square kilometers and incorporating a deep seaport the size of Thailand’s Laem Chabang.
Japan is stepping up its engagement with Myanmar, with Watanabe Hideo, chairman of the Japan-Myanmar Association (JMA) and a former member of the House of Councilors of Japan being the latest visitor to arrive at Naypyidaw. The Irrawaddy newspaper reported that Watanabe met Myanmar State Counsellor Aung San Suu Kyi, Defence chief General Min Aung Hlaing and senior officials on his two-day visit earlier this week. Discussions included Japanese investment as well as improving defence relations. Naypyidaw is keen to expand Japanese aid for socio-economic development, particularly in the education and health sectors.
Japan is increasing efforts to pull Myanmar away from Chinese clutches. It is supporting Suu Kyi s party, the National League for Democracy (NLD), in an effort to develop democracy in the country. Japan has tried to ensure that some of the warring communities in the ethnically diverse country were not disenfranchised during the recently held elections. It is also negoti
Japan, India step up ties with Myanmar to counter China prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.