Burma Financial News

12.08 / 20:03
Celebrity independence day Apex militant body in Manipur gives Independence Day boycott call
Manipur an apex body of seven militant outfits in Manipur given a call to boycott the Independence Day and called 17-hours general shut down on August 15. In a statement the CorCom, an apex body of banned outlawed groups, said that the political status of Manipur declined abruptly with the Indian annexation of Manipur on October 15 1949 by which sovereign Manipur was reduced to just a Chief Commissioner's Province. “From Part C State in 1950, Manipur was crafted into a Union Territory in 1956. Not only did the indian rule promulgate the AFSPA, 1958 and several other draconian laws in the whole of Manipur, it continued to play a divisive policy amongst the several ethnic groups intermittently which now resulted into wanton ethnic clashes.” The statement said that the Manipur Merger Agreement, 1949 has wiped out the sovereign history of Manipur that led to the imposition of the '15 August celebration among the ethnic groups of Manipur. The present ethnic impasse resulted due to India's using of ‘Hate Game and Hate Crime’ as a part of Proxy War' of the counter-insurgency operation. All the struggling and oppressed indigenous people of Manipur should now realize the Indian colonial policy of killing two birds with one stone and the impossibility of the restoration of the lost sovereignty of Manipur within the framework of the colonial Constitution of India under the guise of any peace-talk, the statement stated.
12.08 / 15:31
Provident country Support MNF's support to the BJP-led NDA is only issue-based: Mizoram CM Zoramthanga
Mizo National Front (MNF) Zoramthanga said on Saturday that the party's support to the BJP-led NDA is only issue-based. MNF is an ally NDA. The party is yet to decide if it will leave NDA.
12.08 / 10:59
Twitter FIVE Deloitte NOT When auditors quit, you know things are not as projected: Congress on Adani issue
Congress on Saturday hoped the SEBI report on Adani would answer the questions raised by Supreme Court's Expert Committee and wondered when will Prime Minister Narendra Modi break his silence on the issue. In May, the apex court had granted the Securities and Exchange Board of India (SEBI) time till August 14 to complete its probe into the allegations of stock price manipulation by the Adani group.
10.08 / 18:59
UPS Cooper India stays optimistic about growth: Finance minister Nirmala Sitharaman
She pledged more steps to boost supplies of essential commodities like pulses, tomato and onion to curb food inflation on top measures already taken by the government. Her comments came on a day when the Reserve Bank of India (RBI) raised retail inflation forecast for FY24 by 30 basis points to 5.4%. She listed the Modi government's achievements over the past nine years while speaking in the Lok Sabha in a debate on the no-confidence motion brought by the Opposition against the current regime.
10.08 / 08:57
Updates Manipur violence updates: Meitei woman gangraped by Kuki miscreants, says Report
Another horrific news has appeared from the ethnic clash-hit Manipur. According to a report by the IndiaTOdayNE, an FIR has been registered at Bishnupur women's police station recently in connection with a gangrape that occurred on 3 May in Churachandpur. The FIR was filed on 9 August as a Meitei woman victim filed a report complaining that she was gang-raped by unknown Kuki miscreants on 3 May.
08.08 / 19:31
UPS Progressive DAL country Now, pulses start biting owing to high prices
vegetable inflation by increasing the portion of pulses in their plate and the rise in international prices of pulses as exporting countries try to cash in on the fall in India’s pulses sowing has led to an increase of 2-3% in wholesale prices of pulses within a week. The demand for the relatively cheaper pulses like masoor and moong has increased as vegetable inflation continues to stay firm with tomato prices remaining 233% more expensive in July over June. Exporting countries like Canada, Myanmar, Mozambique and others, which are closely monitoring the progress of kharif sowing in India, have increased the prices of pulses as the sowing of kharif pulses is lagging by over 9%. Among all the pulses, the highest increase in prices was seen in urad, whose prices increased by Rs 3/kg or nearly 3% last week in Jalgaon, one of the main processing centres for urad in the country. Prices of tur dal have increased by Rs 200-400/quintal last week for various qualities. In the Akola (Maharashtra) market and in Gulbarga (Karnataka), the price of tur dal shot up from Rs 136/kg to Rs 140/kg last week, while the price of tur imported from Mozambique increased by a substantial Rs 5.5/kg in a week in Mumbai. According to trade data, all India urad sowing is down by close to 14%, while sowing of tur is down by about 8%.
08.08 / 18:21
UPS BLOCK country India seeks bigger role in Indo-Pacific as China continues on aggressive path
maritime space and eyeing the same India is focusing on a larger role in Indo-Pacific. The recent developments in the region are hinting that India is seeking a big-brother role in the Indo-Pacific region, especially for countries affected by China's expansionist policies.
08.08 / 08:41
UPS Provident show track country Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022
Drugs worth more than Rs 1,610 crore have been seized by the Assam Rifles between July 2022 and July this year in Manipur, according to data provided by the paramilitary force. In the financial years 2021-22 and 2020-21, it seized drugs worth Rs 850 crore and Rs 1,200 crore, respectively. However, official sources said the Assam Rifles — a border guarding force — primary mandate or task is not drug law enforcement.
07.08 / 16:13
UPS Target Progressive Injustice Indo-Naga political issue: UNC plans mega rally on August 9
United Naga Council announced that it will organize a mass rally on August 9 in the Naga areas of Manipur for resolving the Indo-Naga political issue based on the Framework Agreement The United Naga Council (UNC), the apex body of the Nagas in Manipur state has announced that it will organize a mass rally on August 9 in the Naga areas of Manipur for resolving the Indo-Naga political issue based on the Framework Agreement. UNC in a statement said the rally will be held at Tamenglong headquarters, Chandel headquarters, Ukhrul headquarters and Senapati headquarters. UNC said that the Indo- Naga peace process has made significant progress with the signing of the historic Framework Agreement between the Government of India and NSCN on August 3, 2015.
07.08 / 06:31
Provident Target Haryana's Nuh violence: Police arrested several Rohingya refugees, says ‘have evidence for it’
Hindustan Times report. “We have identified a list of them who were involved in the violence and we have evidence for it and based on it the teams have arrested them," Bijarniya said while speaking to Hindustan Times.
05.08 / 08:01
UPS Citi Provident Target stage country This small town in Karnataka is making heads turn because of its hair industry
Hair processing is a Rs 3,000-crore business in India which is not surprising at all. It’s not surprising then that hair processing is a Rs 3,000-crore business in India. Cities like New Delhi, Chennai, Elur in Andhra Pradesh, Bhagabanpur and Murshidabad in West Bengal, and Dig in Rajasthan are its major centres.Hair hub in Karnataka Apart from these cities, Bhagyanagar in Karnataka’s Koppal district is another place with a 70-year history of hair processing.
03.08 / 06:47
Provident Booking Man DiRT composer 78-year-old Mizoram man defies age to enroll in school, walks 3 km to attend Class 9
Mizoram walks daily for 3 km to attend class 9 in local school. As per a ToI board, born in 1945 in Khuangleng village within Champhai district along the Mizoram-Myanmar border, Lalringthara encountered the loss of his father at a tender age, compelling him to assist his mother in the fields to sustain their livelihood. Despite facing abject poverty and challenging circumstances, his unwavering determination fueled his resilience, prompting him to repeatedly resume his studies whenever conditions permitted.
02.08 / 10:03
UPS VISA Manufacturing Action Xiaomi country India should be pragmatic about huge Chinese investments
Financial Times in an interview last week, “We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws." He added, for good measure, that India was “open to all investments, including Chinese". That these statements were meant for consumption overseas is evident if one looks at the ground reality. China’s BYD Motors has become the latest casualty of India’s undeclared economic cold war with China.
01.08 / 09:07
Citi FIVE ousted Myanmar's ousted leader Aung San Suu Kyi pardoned, now under house arrest
WION quoted state media reports on 1 August. As per a junta spokesperson, the popular Myanmar ousted leader's sentence has been reduced by six years in total. She was arrested two years ago in a daytime coup, following which a military junta took over the reins of Myanmar.
31.07 / 18:01
BLOCK Highways 'Withdraw security personnel belonging to Meitei community from Moreh'
Moreh by Monday, failing which it would start public protests in all tribal districts. The movement of additional state security forces was being blocked by women on National Highway 102 in Tengnoupal. A senior state government official said, «Additional forces were rushed but women protesters blocked the movement of security forces.
31.07 / 14:31
MET FIVE Progressive stage country Myanmar's military-led government extends state of emergency, forcing delay in promised election
Myanmar's military-controlled government has extended the state of emergency it imposed when the army seized power from an elected government 2 1/2 years ago, state-run media said Monday, forcing a further delay in elections it promised when it took over. MRTV television said the National Defense and Security Council met Monday in the capital, Naypyitaw, and extended the state of emergency for another six months starting Tuesday because time is needed to prepare for the elections. The NDSC is nominally a constitutional government body, but in practice is controlled by the military.
31.07 / 09:13
MET BLOCK show stage Manipur women stage protest demanding removal of security forces from Moreh
Manipur's Churachandpur demanding immediate removal of state police forces from Moreh town. They have threatened to launch a massive agitation in all the hill districts if their demand is not met.
30.07 / 18:57
Manufacturing country Ethnic violence drags down Manipur exports by nearly 80%
ethnic violence in Manipur has brought down the state's exports of handwoven textiles, medicinal plants and food items by almost 80%, according to M Chandrakeshore Singh Pallel, vice-president (Manipur) of North East Federation of International Trade (NEFIT). Manipur is famous for fabrics like moiraingphee, leirum, lasingphee and phanek, which have good demand in the US, Europe and Singapore. Media reports say that 142 people have been killed and thousands displaced since violence broke out in the state between the Meiteis and Kukis in early May, following a court order for granting scheduled tribe status to the Meities.
30.07 / 18:23
UPS Provident Aware Compilation country Government weighs options to manage India-Myanmar free movement
Manipur brought back the focus on the free movement regime (FMR) along the India-Myanmar border, an earlier effort in the context of Nagaland could provide insights into ways to regulate this six decades old pact with Myanmar. The Nagaland administration in 2019-20 introduced legal provisions and ways to strengthen FMR after its reported misuse.
30.07 / 18:23
Target Bitcoin country Inside Indian Al-Qaeda in Indian subcontinent may spread to Jammu & Kashmir, warns UN report
Al-Qaeda is shaping its Indian subcontinent offshoot to spread its operations to Jammu and Kashmir, as well as to Bangladesh and Myanmar. The Al-Qaida core in Afghanistan remains stable at 30-60 members, while the number of Al-Qaeda fighters in that country is estimated to be 400, reaching 2,000 with family members and supporters included, according to the report prepared by the UN Security Council 1267 Sanctions & Associated Committee that deals with the ISIS and Al Qaeda. Al-Qaeda in the Indian Subcontinent (AQIS, which is not listed by the UN) has about 200 fighters, with Osama Mehmood being the emir, according to the report.

latest developments in Burma

What is the current situation in Burma?

In Burma, the spotlight is on socially significant developments that impact the interests of residents.

Where can I find reliable news about Burma?

We publish verified updates about the situation in Burma, based on information from regional journalists.

What shapes the media agenda in Burma?

The news landscape of Burma is shaped by key decisions by local authorities, reflecting its unique context.