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Thailand accounts for just 11 per cent of Myanmar's total border trade
Thailand accounted for about 11 per cent of Myanmar’s total border trade in the first five months of this fiscal year, according to the Myanmar Commerce Ministry.
Trade via the seven border checkpoints with Thailand totalled US$277 million (Bt8.94 billion) between April 1 and the end of August, while overall border trade was $2.458 billion, the ministry said.
Myanmar has a total of 15 trade checkpoints along its borders with Thailand, China, India and Bangladesh. The seven checkpoints with Thailand are Tachileik, Kengtung, Myawaddy, Kawthaung, Myeik, Nabulal/Htee Khee and Mawtaung.
Three – Myawaddy, Tachileik and Kawthaung – handle the lion’s share of trade. Myawaddy (across from Thailand’s Mae Sot) saw $127 million worth of trade in the five-month period; Tachileik (across from Mae Sai in Chiang Rai province) saw $42 million and Kawthaung (bordering Ranong province) $42 million.
Myanmar has signed border-trade agreements with India, Thailand, China and Bangladesh and plans to open more trade checkpoints in geographically strategic areas. – Myanmar Eleven
Ogilvy & Mather named Agency of the Year in Adman Awards
Ogilvy & Mather Advertising was named Agency of the Year at the “Adman Awards & Symposium” on Wednesday.
Among the top three agencies of the year, the Leo Burnett Group Thailand and JWT Bangkok were also named by the judging committee at the two-day event.
Meanwhile, Digital Agency of the Year went to Adapter Digital and CJWORX.
Besides Ogilvy & Mather’s Agency of the Year honours, its “Tears” ad campaign won the Public Popular Vote.
At this year’s event, 55 advertising and creative agencies submitted 762 advertising works.
Correction
An error appeared in the penultimate paragraph of an article published on page 2B on September 18, headlined “MPC leaves policy rate at 2 per cent”.
It should have read: “The MPC will likely raise the policy rate in the second half of next year, but the hike will not affect spending and the debt burden much because the rate will be adjusted gradually, said Charl Kengchon, managing director of Kasikorn Research Centre.”
