Burma Financial News

13.11 / 01:05
markets FIVE Southern community performer country 2020 The Tatas of South India deserve your attention, dear investor—here’s why
Subscribe to enjoy similar stories. In India’s vast corporate landscape, several business groups have made their mark, yet few stand as tall as the Tata Group. Known for its strong long-term performance and exceptional corporate governance, the Tatas enjoy a level of trust few others can claim.
04.11 / 13:33
markets Digital Citizens security community rights Manipur: Thadou community backs demand for implementation of National Register of Citizens
National Register of Citizens (NRC) in the state to protect the indigenous people. Implementation of NRC in Manipur is favoured by the BJP led government and several Meitei organisations. Manipur shares a border with Myanmar and faces the problem of illegal infiltration. After a two-day convention in Guwahati, the Thadou community said that in the convention it was resolved to support the NRC exercise if initiated by the government of India in the state of Manipur.
04.11 / 10:59
markets Digital awards Food PAM Indian rice lowest offer in Bangladesh tender for 50,000 T
CIF liner out for rice sourced from India, an official in Bangladesh and European traders said. Offers are still being considered and no purchase has yet been made, they said. The lowest offer was believed to have been submitted by Pattabhi Agro Foods, they said.
30.10 / 12:29
Target Aviat Fighting Election wellness Myanmar country New sanctions target Myanmar's military suppliers
Opponents of Myanmar’s military government have welcomed the latest sanctions imposed by the European Union, the U.K. and Canada on individuals and entities supplying aviation fuel and equipment to the army
27.10 / 09:21
markets Digital Trade Experts PAM International Amit Shah promises change in Bengal, says will end infiltration and corruption by 2026
Amit Shah said on Sunday that infiltration at Indo-Bangladesh border will stop completely if BJP comes to power in the state in 2026. Lashing out at the Trinamool Congress-led government over corruption, Shah said the funds sent by the Modi government are routed to corrupt Trinamool leaders. “Mamata Didi talks about injustice in MGNREGA. You (Mamata) were part of UPA. But now in the NDA regime, Modi, in the last ten years, has sent Rs 56,000crore for NREGA. When Modi sends money, it goes to corrupt TMC leaders. Where does this money go? Did the money go to people or Trinamool Congress.” Shah hit out at INDIA Alliance as well during his speech. He also assured that “Achhe Din” will come to Bengal after counting of 2026 assembly polls is completed and BJP comes to power. “Peace will come once infiltration stops. Partnership with neighbouring countries like Nepal, Bangladesh, Myanmar in terms of business and cultural aspects will be enhanced. In terms of progress, several initiatives can be possible,” Shah said as he inaugurated the Passenger Terminal Building and Maitri Dwar at Land Port in Bengal's Petrapole today.
27.10 / 05:13
markets FIVE Digital security WhatsApp Two cadres of banned PLA held in Manipur, arms recovered
People's Liberation Army were arrested in Manipur's Tengnoupal district, police said on Sunday. They were held by a team of Assam Rifles from the vicinity of border pillar number 87 on Saturday and handed over to the police, an official statement said. The two have been identified as N Priyo Singh (21) and S Devjit Singh (21) and handed over to Pallel Police Station, it added. On Friday, security forces apprehended one cadre of the outlawed Prepak (Pro) from Yanghoubung village near the India-Myanmar border, an officer said.
22.10 / 08:43
markets Provident Cooper Food Myanmar DAL Centre to resume sale of subsidised Bharat chana dal, battling food inflation
Subscribe to enjoy similar stories. New Delhi: The Centre is set to resume selling subsidised Bharat chana dal this week as part of its efforts to control accelerating food inflation and provide relief to consumers, two people aware of the matter said. “The pulse will now be available at ₹70 per kg, an increase of ₹10 from the previous price, the first person said.
19.10 / 09:49
markets Citi Strategy Death Myanmar Experts reports China consulate in Myanmar hit with explosive device: Report
Myanmar's Mandalay city was attacked with an explosive device, local media said Saturday, adding that no deaths or injuries were reported. The blast occurred at the consulate office in central Mandalay, south of the sprawling Royal Palace, around 7 pm local time Friday (1230 GMT Friday), local media said. China is a major ally and arms supplier to Myanmar's junta, but it also maintains ties with ethnic groups fighting the military in Myanmar's northern Shan state, according to analysts.
04.10 / 14:23
Myanmar Trade Refugees reports International Malaysia's Anwar arrives in Bangladesh to discuss trade, migrant workers with interim leader Yunus
Malaysian Prime Minister Anwar Ibrahim is visiting Bangladesh to meet with interim leader Muhammad Yunus, who took over in August after the former prime minister fled during a mass uprising
26.09 / 15:25
markets security community Myanmar reports Department Schools Manipur govt takes u-turn on report saying 900 Kuki militants infiltrated state to carry out strikes
Kuki militants have infiltrated to carry out strikes on September 28, Manipur government now asserted. «Any such misadventures by armed groups is minimal and unsubstantiated». Already Manipur police has stated that the input was verified from different quarters, but it could not be substantiated on ground. The Manipur government in a statement on Wednesday stated, “Based on information gathered on movement of armed groups, this office had shared intelligence inputs vide U0 note bearing no. 1/25/2024-CM dated 16.09.2024 to enable the Police Department to use its machinery and network to develop the said information to determine actionability. It is now ascertained that possibility of any such misadventure by armed groups is remote. The public need not worry further in this regard.” Manipur Director General of police Rajiv Singh stated input of infiltration of 900 trained Kuki militants from Myanmar to carry out attacks on Meitei on September 28 was verified from different quarters, but it could not be substantiated on ground.
25.09 / 22:13
COST Provident Waters Southern country Cambodia hopes a new canal will boost trade. But it risks harming the Mekong that feeds millions.
Cambodia has broken ground to build a $1.7 billion, China-funded canal to eventually link its capital Phnom Penh to the Gulf of Thailand
25.09 / 22:13
COST economy Election trends Trade electronic reports Asian Development Bank raises growth forecast for region, but warns of risks from trade sanctions
The Asian Development Bank says it expects developing economies in the region to grow at a 5% annual pace this year, up slightly from its earlier estimate of 4.9% growth
25.09 / 02:55
markets security Sustainability community Myanmar International "Bangladesh has reached its limits": Muhammad Yunus calls for repatriation of Rohingyas amid "deteriorating" security situation
Muhammad Yunus, stressed on the urgent need for the repatriation of Rohingyas during a high-level meeting at an event on the sidelines of the 79th United Nations General Assembly in New York on Tuesday. During the high-level UN event in New York, on the Rohingya crisis, Yunus highlighted the significant challenges that Bangladesh has been facing due to the presence of over 1.2 million displaced Rohingyas from Myanmar. Yunus pointed out that while Bangladesh has shown empathy in hosting the Rohingyas, the costs associated with this situation--social, economic, and environmental--are considerable. He emphasised that Bangladesh has reached its limits, adding that repatriation remains the only sustainable solution to the ongoing crisis.
25.09 / 01:41
markets pandemic Myanmar Trade RAI country Relationships When I said 75% dispute sorted out, it's only of disengagement: EAM Jaishankar on India-China border standoff
Jaishankar, said that when he said that 75 per cent of the border dispute between the two countries have been sorted, he is only talking about the 'disengagement' part, while adding that challenge persists in other aspects. While addressing the Asia Society at the Asia Society Policy Institute on Tuesday (local time), the Foreign Minister highlighted how China violated the previous agreements during Covid pandemic, by increasing the troop deployment at the border, eventually resulting in clashes resulting in casualties on both sides. This incident, according to Jaishankar, has overshadowed the bilateral relationship.
24.09 / 14:51
markets security community Myanmar reports volunteers Schools Manipur: Indigenous Tribal Leaders’ Forum asks people not to travel outside Kuki-Zo areas during September 26 to 29
The ITLF has announced closure of borders during 26 to 29 September, closure of schools, institutions and offices from September 27-29 and total shutdown on 28 September. ITLF has put all village volunteers and citizens to be on high alert. ITLF had announced the Manipur government had accumulated highly advanced MMG MK 2A1 weapons earlier this month. Recently, Kuldiep Singh, the state security advisor, made hints about an impending “attack” on September 28.
22.09 / 13:51
Citi Extreme film love shooting Schools Lakshmipriya Devi on the cathartic experience of making ‘Boong’
Subscribe to enjoy similar stories. In Lakshmipriya Devi’s directorial debut Boong, which had its world premiere at TIFF 2024, a 10-year old child is told to lead a prayer recital at his school in Imphal, Manipur.
20.09 / 08:11
markets Progressive Myanmar Trade RAI country Piyush Goyal to review India, ASEAN trade pact review talks progress in Laos
Free Trade Agreement in goods will figure during the visit of Commerce and Industry Minister Piyush Goyal to Laos, an official statement said on Friday. The two-day visit of Goyal to Vientiane, Laos, started from Friday. He is there to participate in the 21st ASEAN-India Economic Ministers (AEM-India) meeting and the 12th East Asia Summit Economic Ministers Meeting (EAS EMM). These annual meetings of ASEAN (Association of South East Asian Nations) with their dialogue partners are being hosted by Laos, the ASEAN Chair for this year.
19.09 / 18:33
Google Refugees Diversity social information volunteers International A volunteer network of interpreters wants to make refugees' languages more accessible. Will AI help?
Refugees navigating resettlement often face a shared hurdle: poor machine translations and a short supply of interpreters knowledgeable in their less-serviced languages
18.09 / 12:39
markets Waters Remark Freedom rights 'Ridiculous': Israeli envoy on Iran's comments on treatment of minorities in India
Reuven Azar, on Wednesday strongly condemned Iranian Supreme Leader Ayatollah Ali Khamenei's comments on the treatment of minorities in India, calling the remarks «ridiculous» and hypocritical. Azar pointed out that while Khamenei lectures other nations, Iran itself is accused of suppressing freedoms and violating human rights. «It is really ridiculous that this radical leader is trying to lecture others while he is killing his own population oppressing freedoms like freedom of religion, freedom of speech, human rights that is completely outrageous and we hope Iranian people are going to be free one day from such oppression and tyranny coming from Khamenei,» Azar told PTI. The Iranian leader, addressing a gathering of clerics in Tehran on Monday, talked about what he described as «suffering» of Muslims in Gaza, Myanmar and India.
18.09 / 06:09
MET Remark Freedom country 'Ayatollah Ali Khamenei, you're a killer': Israel's envoy slams Iran's Supreme Leader for comments on Indian Muslims
Israel's ambassador to India, Reuven Azar, has responded to comments made by Iran's Supreme Leader, Ayatollah Ali Khamenei, about the situation of Muslims in India. Azar criticized Khamenei, saying, «You are a killer and oppressor of your own people. Muslims in Israel, India and all democracies enjoy freedom, which is denied in Iran. I wish the people of Iran will be free soon.» Khamenei had earlier compared the plight of Muslims in India with those in Gaza, which drew a sharp reaction from India. Khamenei stated, «The enemies of Islam have always tried to make us indifferent with regard to our shared identity as an Islamic Ummah. We cannot consider ourselves to be Muslims if we are oblivious to the suffering that a Muslim is enduring in #Myanmar, #Gaza, #India, or any other place.» India's Ministry of External Affairs (MEA) issued a strong response to Khamenei's comments on Monday. The MEA's statement read, «We strongly deplore the comments made regarding minorities in India by the Supreme Leader of Iran. These are misinformed and unacceptable. Countries commenting on minorities are advised to look at their own record before making any observations about others.»
16.09 / 18:28
community wellness Myanmar country SOLIDARITY India 'strongly deplores' Iranian Supreme Leader Khamenei's comments on minorities; calls them "misinformed and unacceptable"
Ministry of External Affairs issued a strong condemnation of Khamenei's comments, which had criticized the treatment of minorities in India. “We strongly deplore the comments made regarding minorities in India by the Supreme Leader of Iran. These are misinformed and unacceptable. Countries commenting on minorities are advised to look at their own record before making any observations about others,” the ministry stated.

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