European regulations are making it increasingly difficult to import teak from Myanmar. The voyage of a batch of wood destined for a Dutch superyacht shows how traders are circumventing the restrictions.

Sinds het leger twee jaar geleden de macht greep in Myanmar, leggen Europese sancties de import van teakhout uit dat land aan banden. Toch komt nog elk jaar, via onder meer Italië en Polen, voor miljoenen euro’s aan Myanmarees teakhout de EU binnen. Een deel belandt in Nederland.

L’ex leader del governo civile era accusata di aver violato la legge sui segreti ufficiali. Stessa pena anche per l’ex consigliere australiano Sean Turnell

MUMBAI: India's restrictions on rice exports have paralysed trading in Asia, with buyers scouring for alternative supplies from Vietnam, Thailand and Myanmar where seller are holding off on deals as prices rise, industry officials said.

Qatar-based Ooredoo, the last foreign-owned telecommunications provider in Myanmar, has finalised a deal to sell its operation in the military-ruled country to a Singapore-based investor.

Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices, a junta spokesperson said, the latest developing country to do so amid a global energy crisis.

8th August 2022 marks an important occasion of the 55th anniversary of ASEAN (the Association of Southeast Asian Nations), an intergovernmental organization of 10 member states in Southeast Asia (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam), founded in Bangkok in 1967. Meanwhile, 5th August ...

Myanmar has sufficient foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the Southeast Asian nation faces a growing possibility of default.

WASHINGTON: The United States on Monday said there can be no "business as usual" with Myanmar's ruling military following its execution of four democracy activists, adding that all options were on the table as it considered further measures to punish the junta.

Thai steel manufacturers have fresh concerns over the impact of the suspension of foreign loan payments in Myanmar on steel exports to Myanmar.

The benchmark SET Index moved sideways in volatile trade early this week. Thai shares tracked external gains higher on Monday to hit 1,546 points before heading down to 1,520 the following day on worries over Myanmar's partial capital controls, potentially affecting stocks with exposure in Myanmar such as MEGA, OSP ...

The Federation of Thai Industries (FTI) is assessing the impact on Thai investors in Myanmar after authorities in that country ordered companies there to suspend debt payments for foreign loans.

The Central Bank of Myanmar's order for companies and individual borrowers to suspend repayment of foreign loans, the latest in a series of steps to shore up the nation's dwindling foreign exchange reserves, is unlikely to have a significant impact on Thai exports, says the Thai National Shippers' Council (TNSC).

Myanmar's central bank has ordered companies with up to 35% foreign ownership to convert foreign exchange into the local currency, state media reported on Monday, extending a rule aimed at relieving pressure on the kyat to include more businesses.

YANGON: The Central Bank of Myanmar ordered companies and individual borrowers to suspend repayment of foreign loans, the latest in a series of steps to defend the nation’s dwindling foreign exchange reserves.

Japanese drinks giant Kirin said Thursday it has agreed to a buyout of its shares in a Myanmar joint venture with a junta-linked conglomerate, completing its exit from the market over the 2021 coup.

Kirin said that a share buyback agreement worth about ¥22.4 billion ($164 billion) had been reached to transfer its 51% stake back into the subsidiary.

Myanmar's central bank has announced a broad exemption of foreign entities from a controversial new policy requiring foreign exchange to be converted into local currency, a rule that triggered panic among business groups and residents.

Foreign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said, as the country's military authorities seek more control over foreign currency flows.

OSLO: Telenor will receive payments for the sale of its Myanmar operations over the next five years, the Norwegian telecoms company said on Friday as it announced the completion of the transaction.