Burma Financial News

19.03 / 14:15
markets UPS Target Cooper Gap Food trends Govt targets 1 million-tonne tur buffer stock to stabilize prices amid rising production
Subscribe to enjoy similar stories. New Delhi: The Centre is ramping up efforts to stabilize prices of tur (pigeon pea), a key staple in Indian diets, by targeting a buffer stock of 1 million tonnes for the fiscal year 2025-26, according to two people familiar with the matter. The consumer affairs ministry is leading the effort amid expectations of rising domestic production and a declining price trend.
18.03 / 05:55
Remark War Freedom country International Jaishankar on Kashmir: ‘When West interferes, it’s for freedom; others have malign intention’
S Jaishankar on Tuesday stressed the importance of having an international order just like a domestic order. He slammed the United Nations for making the Kashmir invasion a dispute and turning the attacker and victim at par and called for having a «strong and fair» UN. In his remarks at the Session on 'Thrones and Thorns: Defending the Integrity of Nations' at Raisina Dialogue on Tuesday, Jaishankar called the occupation of some parts of Kashmir by Pakistan «the longest standing illegal occupation» of territory by another country after the Second World War. Jaishankar said, «Let's give you a second example. We all speak of sovereignty and territorial integrity.
18.03 / 02:09
Fighting Analysis Myanmar country social information Russia expands strategic ties with Myanmar; offers satellite support to fight rebels
During junta chief Min Aung Hlaing’s recent visit to Moscow, it was announced that Russia had established a joint satellite imagery analysis centre in Myanmar. It was also revealed that Russia had offered to “share information captured by its reconnaissance satellites with the regime for military purposes”. This would boost the junta’s ability to plan military operations against rebel groups, said experts on Myanmar affairs. After the meeting between Min Aung Hlaing and Russian President Vladimir Putin in Moscow—the two sides signed a memorandum of understanding (MoU) on Tuesday for construction of a small nuclear power plant in Myanmar with Russian support. Rosatom, Russia's state-run nuclear power corporation, said the plant would have a capacity of 100 megawatts with the possibility of trebling it. Russia, which supplied 90% of Myanmar’s energy needs last year, has agreed to step up energy supplies to the Southeast Asian country. The junta chief during the visit also sought Moscow’s support for other projects in Myanmar besides hailing Buddhism links between the two countries, said people familiar with the visit.
15.03 / 17:39
Death Myanmar Trade Wildlife country reports India’s tiger boom at risk: Trafficking resurges amid soaring demand for tiger bones in China & Vietnam
Maya’s team—which included another woman, two men and a child— was carrying the skin of an adult tiger and 17 kilos of bones. Before “someone from Meghalaya” could come and collect the consignment from Maya, the police swooped in. “We were stunned to find that these were the remains of a second tiger— we had already missed the first tiger,” says Pranjal Baruah, a range officer of Kamrup, Assam, who had spearheaded the initial probe. Forensic tests traced the skin to one of the three missing tigers from the faraway Tadoba-Andhari Tiger Reserve in Maharashtra. That was a clue something was going awry with the striped beast. Even as India’s tiger population has been steadily climbing over the past couple of decades, it could get derailed. A surging appetite for tiger bones in China and Vietnam and the revival of a smuggling route through Mizoram-Myanmar have reignited dormant trafficking networks. The Assam case was transferred to the Wildlife Crime Control Bureau (WCCB), an arm of the ministry of environment and forests, which cracks down on organised wildlife crime. The agency’s trail led to multiple arrests in Maharashtra. They also caught Mishram Jakhad, an octogenarian from Dwarka in Delhi, believed to be a key link between tiger poachers and smuggling syndicates.
13.03 / 18:09
UPS Provident security community Myanmar travelers Manipur disarms: 990 Arms, 11,500 Ammo Laid Down
On Thursday, Manipur police said movement of 226 vehicles carrying essential items along NH-37 has been ensured. «Strict security measures are taken up in all vulnerable locations and a security convoy is provided in sensitive stretches in order to ensure free and safe movement of the vehicles.
13.03 / 10:05
Target Manufacturing track country electronic reports testing India vs China aerial warfare: How IAF plans to challenge the 5,000 km Chinese radar with Rs 2,906 crore mobile radar
Bharat Electronics Ltd (BEL), marks a significant shift towards self-reliance in defence technology. These LLTRs, designed and developed by the Electronics & Radar Development Establishment of DRDO, will be the first indigenous radar systems of their kind for the IAF, replacing previously imported equipment. The system is expected to strengthen India’s ability to track aerial threats, ranging from high-speed fighter jets to slow-moving drones and helicopters.
09.03 / 05:45
markets Provident Food Myanmar Refugees International Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Bangladesh — Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact the nutrition of more than 1 million refugees and create «social and mental pressure.» President Donald Trump abruptly stopped most foreign aid and dismantled the U.S. Agency for International Development, which has significantly hampered the global humanitarian sector. Trump's Jan. 20 executive order froze the funding for a 90-day review. The World Food Program, the main U.N. food agency, recently announced that cuts to food rations will take effect from April 1 in Cox's Bazar, Bangladesh, where dozens of camps are inhabited by Rohingya refugees.
04.03 / 13:13
markets Myanmar President country reports Russia wants migrants from new countries to help plug labour shortage, Interfax reports
With unemployment at a record low 2.3%, President Vladimir Putin has flagged labour shortages as a problem and on Friday steelmaker Severstal criticised a regional move to ban migrant workers in construction. Citizens from the former Soviet Union have traditionally dominated Russia's migrant workforce.
04.03 / 12:03
markets Remark President country rowing Opposition can stoop down to any level in bid to 'eradicate' Sanatan Dharma: BJP
BJP on Tuesday slammed the Congress and other opposition parties over Maharashtra Samajwadi Party (SP) president Abu Azmi's remarks about Mughal emperor Aurangzeb and said they could stoop down to any level in their bid to «eradicate» Sanatan Dharma. The BJP's reaction came amid a row over the Maharashtra SP leader allegedly eulogising Aurangzeb in his recent remarks. He said during the Mughal emperor's reign, India's border reached Afghanistan and Burma (Myanmar), and the country was then called a golden sparrow with its GDP then accounting for 24 per cent of the world GDP. Asked about the fight between Aurangzeb and Sambhaji Maharaj, Azmi, an MLA from the Mankhurd Shivaji Nagar constituency in Mumbai, termed it a political battle. BJP national spokesperson Sudhanshu Trivedi also termed Azmi's remarks an «insult to the entire Indian society» and alleged that the opposition INDIA bloc constituents are engaged in a «cut-throat competition» with each other to prove themselves anti-Hindu for minority votes.
03.03 / 10:55
markets Reuters country Latin travelers Schools Pope Francis, the Argentine pontiff who has never returned home
Pope Francis to visit the homeland he left in 2013 to become the head of the Roman Catholic Church. With his health delicate as he battles double pneumonia, the return seems increasingly unlikely now to happen. Pope Francis, 88, has been in a critical condition due to a lung infection. His two weeks in Rome's Gemelli hospital is the longest stay of his papacy and underscores his frailty. Francis has made more than 45 international trips during his papacy, including the first by any pope to Iraq, the United Arab Emirates, Myanmar, North Macedonia, Bahrain and Mongolia.
27.02 / 01:57
markets Provident FIVE Cooper Food Myanmar country India-Myanmar bond over food festival
U Kyaw Soe Win delivered a speech at the Mekong-Ganga Food Festival, organized by the Embassy of India in Yangon in collaboration with the Indian Women’s Association in Yangon and the Myanmar Women Entrepreneurs Network, at the Secretariat Yangon in Yangon, last week.
24.02 / 10:09
Election Myanmar trends President Cycling country reports Global news wrap: Monetary policies, Trump’s threats, Buffett’s defence
Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.
09.02 / 02:49
Target Man Myanmar country reports Online scams may already be as big a scourge as illegal drugs
Subscribe to enjoy similar stories. AS THE CEO of a small bank in Kansas, a former chairman of the Kansas Bankers Association and a former officer of the American Bankers Association, Shan Hanes knew all about the risks of online fraud. As a family man and part-time pastor at a local church, he was not the type to do anything reckless.
07.02 / 01:49
MET Cooper security Myanmar country reports China's Xi and Thailand's leader vow to crack down on scam networks that plague Southeast Asia
China’s leader Xi Jinping and visiting Thai Prime Minister Paetongtarn Shinawatra have vowed to crack down on the scam networks that plague Southeast Asia as the two met in Beijing
05.02 / 14:01
Landmark Election Myanmar War country Courts peace Third attempt to auction off the home of Myanmar's ousted Aung San Suu Kyi fails to draw any bidders
A renewed attempt to auction off the family home of Myanmar’s imprisoned former leader Aung San Suu Kyi has been unsuccessful as the property in a country embroiled in a civil war failed to attract any bidders
03.02 / 14:41
markets Strategy film PAM Features International Manipur to host Eikhoigi Imphal International Film Festival (EIIFF)-2025 from February 6
Eikhoigi Imphal International Film Festival (EIIFF)-2025' from February 6 to promote the art of cinema and position the state as a strategic hub for independent filmmaking.
23.01 / 08:29
UPS Citi film Myanmar Actor show country China pushes neighboring countries to rein in scams after rare public outcry
Subscribe to enjoy similar stories. Authorities in Beijing are ramping up pressure on neighbors to rein in cyberscams after the high-profile kidnapping of a young Chinese actor who says he was trafficked into a criminal enclave in Myanmar. Parts of war-torn Myanmar and other countries in Southeast Asia have become havens for sprawling scam compounds, where hundreds of thousands of people are forced to swindle billions of dollars out of victims in the U.S., China and elsewhere.
18.01 / 17:57
markets Strategy Remark Myanmar War mountaineering Remains of a War: American planes lost in WWII are still being found in Arunachal Pradesh
Pertin could never shake off the story his father had told him as a child. The elder Pertin was hunting the Mishmi takin—an elusive goat-antelope species—on the perilous heights of the Eastern Himalayas when he chanced upon the debris of a crashed aircraft. Years later, as the younger Pertin was finding it hard doing shifting cultivation at Damro village near the Yamne River in Upper Siang district in Arunachal Pradesh, that story came back to him as a business idea. Why not retrace his father’s steps, find the fabled plane, salvage some metal and sell it in the bustling Pasighat market, roughly 60 km downstream?

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