Burma Financial News

Manipur BJP MLA Rajkumar Imo Singh said that there is no ethnic cleansing in Manipur. Congress leader and former union finance minister, P Chidambaram has alleged that there is ethnic cleansing in Manipur. Singh stated in X,«utterly disappointed by the way Mr @PChidambaram_IN sees the issues in the State of Manipur. He has failed to understand the core issues in Manipur.

BJP MLA Rajkumar Imo Singh said that an FIR has been filed under various sections by a concerned citizen of the state, for a hate post against the official Facebook page of Kuki Times, where it has openly threatened to bomb Imphal city starting from chief minister's residence. He said that strict action should be initiated against such people. Singh stated in a post on X (formerly Twitter),«I urge people across all communities to show some restrain and instead work towards bringing peace. Peace can only be brought when violence stops and political dialogue starts involving all sections of the society.» In the FIR lodged at Imphal west police station the person stated, «A complaint for taking up strict legal action against the accused person(s) for committing offence under Section 120-A, 121, 121-A, 124, 153-A, 5|1 and Section 13, 18 of the UAP Act, 1967 so as to punish them in accordance with law.

Mossang and many of her peers as their source of income from trading activities at Pangsau Pass in Changlang district of Arunachal Pradesh, along the India-Myanmar border, came to a grinding halt in 2020. Not only Mossang but over 100 small traders have been facing difficulties after the border trade with Myanmar stopped with the outbreak of the pandemic. Two years on, they are still running from pillar to post to sustain their families and pleading with the government for early resumption of border trade, which began in 2000. For 46-year-old Mossang, the sudden halt in trading activities at Pangsau Pass came as a «shock» as she and her husband are now facing a tough time running their family. «We are passing through a hard phase of life.

Narendra Modi will visit Indonesia's capital Jakarta on September 6 and 7 to attend the ASEAN-India and East Asia summits, said the Ministry of External Affairs in an official statement on Saturday. Shoring up India's trade and security ties with the 10-nation Association of Southeast Asian Nations (ASEAN) is likely to be the focus of Modi's engagement with leaders of the bloc, according to PTI reports.

PC Nair said that Assam Rifles in the past four years has seized drugs valued at over Rs 4,200 crore in the international market. In an interview with ANI, the DG said, «Apart from guarding the border, the Assam Rifles has continued its operations against illegal drugs and illegal weapons and has seized drugs worth Rs 4,267 crore in the last four years.» «We have a lot of success in catching contraband. In 2020, we seized illegal drugs worth Rs 875 crore, in 2021 drugs worth Rs 1,402 crore were seized, and drugs worth Rs 855 crore were seized in the year 2022.

CEC) Rajiv Kumar said that security agencies are asked to maintain strict vigil during the Mizoram assembly elections along the Myanmar and Bangladesh international border as well as in inter-state bordering areas with Assam, Manipur and Tripura. The CEC has held meetings with officials and political parties. He told media persons in Aizawl,«All enforcement agencies would remain extremely vigilant and for any laxity we would take stern action against the security agency and the individual.” The CEC emphasised the need for vigilance in the inter-state check posts across the neighbouring states to ensure no cross-border movement of illicit cash, liquor, drugs, freebies takes place.

Manipur government is likely to seek more time for the completion of the process of recording the biometrics of illegal migrants from Myanmar. The process of capturing the biometric details of illegal Myanmar immigrants started in Manipur on July 29.

India and the 10-nation bloc Asean on Monday said they have directed their officials to intensify their efforts to conclude the review of the existing free trade agreement in goods between the two regions by 2025. The issue was discussed during the twentieth AEM (Asean Economic Ministers)-India Consultation meeting, held at Semarang, Indonesia. According to a joint media statement, the meeting welcomed the progress of the review of the Asean-India Trade in Goods Agreement (AITIGA).

Numaligarh Refinery Limited (NRL) plans to enter Myanmar once the situation in the country improves, the company is eyeing to export hydrocarbon products in Bangladesh and Nepal in bigger scale. In Myanmar, NRL plans to set up retail outlets. The regime change had delayed the plan of NRL.

free trade agreement on goods between India and the 10-nation Asean bloc may be taken up during a meeting in Indonesia on Monday, an official said. The issue will come up for discussion and decision during the India-Asean economic ministers meeting on Monday. The meeting is being held on the sidelines of the ongoing meeting of the Economic ministers of ASEAN.

BSF) team is likely to be posted in Thawai Kuki village in Manipur's Ukhrul district where three persons were killed by armed men on Friday, sources said. Security forces are combing the jungles of the adjoining hills where the armed men are believed to be hiding, they said. The likely move to deploy a BSF team in the village comes days after Chief Minister N Biren Singh sought reports from Churachandpur deputy commissioner and SP about the open display of sophisticated firearms by a group of people during an Independence Day parade. Sources also added that around 60 companies of the BSF are likely to be deployed in nine districts of the state to assist the administration in maintaining law and order. BSF (EC) ADG Sonali Mishra along with four senior officers had recently called on Governor Anusuiya Uikey at Raj Bhavan and briefed her about the prevailing security situation in the northeastern state. Meanwhile, more than 200 Meiteis who had crossed over to neighbouring Myanmar to escape the ethnic violence in Manipur and safely returned to the state after more than three months were provided food and medicines by the Army and the civil administration.

Manipur's ethnic violence and taken refuge in neighbouring Myanmar have returned to the state safely, the government said. All the 212 people, belonging to the Meitei community, are residents of Moreh, which lies along the Myanmar border. Chief minister N Biren Singh thanked the Indian Army for ensuring their safe return.

Hindustan Times report, the citizens were brought back to the commercial town of Moreh which lies 110 km south of Imphal. Upon their return, these citizens were received at the border gates by teams of Indian Army led by commandants of the Assam Rifles and Gorkha Rifles.

By Helen Reid

By Helen Reid

Myanmar expects rice exports to surge in coming months as curbs on Indian sales and a spike in Thai and Vietnamese prices force buyers to hunt for other origins. The tightening in global supply should help revive the Southeast Asian nation’s rice shipments, which slumped 56% in the first four months of the fiscal year, and bring it closer to its annual goal of earning $1 billion from exports of the grain, Ye Min Aung, president of the Myanmar Rice Federation, said in an interview last week.

Singapore has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors. Traditionally, employers in Singapore's services and manufacturing sectors have primarily sourced work permit holders from China, Malaysia, Hong Kong, Macau, South Korea, and Taiwan. The Ministry of Manpower has recently unveiled the application process for cooks in Indian restaurants in the city-state.

Mint had reported in January this year that the public sector Power Grid Corporation of India had prepared a preliminary report for the project. Mint reported that the interconnection would take place through overhead power lines and not subsea cables. Talks on establishing power grid connectivity have been on for over a decade now.

Guwahati: An earthquake measuring 5.4 on the Richter scale jolted Assam and Meghalaya on Monday, an official said. The quake was also felt in some parts of Manipur, Mizoram and Tripura.

Keeping other aspects of the economy aside, let us have a glance at how the Indian rupee from being a relatively weak currency started its journey toward internationalisation. The value of a country's currency and its usage for global trade are among the key indicators for gauging its economic stride. Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.

Thuingaleng Muivah said that on the issue of integration of all Naga areas the Government of India has officially acknowledged that it is the legitimate right of the Nagas and therefore, it shall be finalized accordingly. Greater Nagalim has been one of NSCN-IM’s core demands. Greater Nagalim stipulates the integration of Naga inhabited areas of Assam, Manipur, Arunachal Pradesh and Myanmar.