Burma Financial News

Thailand and New Zealand have vowed to boost economic cooperation with an aim to triple two-way trade by 2045, as the New Zealand leader visited Thailand for the first time in 11 years

New Delhi: Veteran air warrior Squadron Leader (retd) Dalip Singh Majithia, who joined the Indian Air Force during the tumultuous years of World War II and distinguished himself as a «fearless aviator» during his career, has died. He was 103. The centenarian, who had «over 1,100 flying hours to his name», including missions in aircraft such as Hurricanes and Spitfires, passed away at Uttarakhand's Rudrapur in the early hours of Tuesday, IAF sources said. He was affectionately called 'Maji' by his fellow air warriors. Sqn Ldr Majithia's leadership skills were forged and tested in the crucible of war, they said.

Lok Sabha Elections 2024: Bishnu Pada Ray, a Bharatiya Janata Party (BJP) leader from Andaman and Nicobar Islands has claimed that India's first Prime Minister Jawaharlal Nehru, "gifted" the Coco Islands, a part of northern Andaman Islands to Myanmar. Ray, who is the BJP's Lok Sabha candidate from the region also criticised the Congress for its allegedly "historical anti-India stance", in an interview with ANI on April 14. Ray claimed that Nehru had reportedly given the Coco Islands to Myanmar as a gift, the publication reported.

BJP candidate from Andaman and Nicobar Islands, Bishnu Pada Ray, hit out at the Congress on Sunday, claiming that the grand old party has always harboured 'anti-India' sentiments. Speaking to on Sunday, he claimed that the country's first prime minister, Jawaharlal Nehru, gifted the Coco Islands, which were part of the Northern Andaman Islands, to Myanmar. «The Congress has always harboured anti-India sentiments. Nehru gifted the Coco Islands, which were part of the Northern Andaman Islands, to Myanmar, which is currently under China's direct control. They did not worry about the islands in the 70 years they were in power. Today, the central government is constructing a shipyard, and two defence airports to counter China in Campbell Bay, which is also known as Indira Point,» the BJP candidate claimed.

importing pulses from Myanmar has been eased and simplified. The importers have been asked to utilize Rupee/ Kyat direct payment system using Special Rupee Vostro Account (SRVA) through Punjab National Bank, the consumer affairs ministry said in a statement. India depends on imports of pulses to meet the domestic shortage. The country imports tur and urad dals from Myanmar. Consumer Affairs Secretary Nidhi Khare discussed with Indian Mission in Yangon issues relating to pulses imports from Myanmar such as import prices in the wake of revised exchange rates and stocks held by importers in Myanmar, it said.

BJP has fielded sitting MP Nishith Pramanik, while TMC has fielded Jagadish Chandra Burma Basunia. Nitish Chandra Roy of the Forward Bloc (FB) is also in the race, in a “friendly fight" with ally Congress’s Pia Roy Chowdhury. Barring Chowdhury, all three others are Rajbongshis.

After Chabahar, India is reportedly on course to gain the rights to operate a second overseas port, Sittwe, located in the Rakhine state of Myanmar. There is though no official corroboration yet. Ports in the Indian Ocean have become hot property as China on one side and the India-US combine on the other race to invest in them.

Thailand’s status as a tourism hotspot into an aviation and logistics hub — has discussed the Schengen-type visa idea with his counterparts in Cambodia, Laos, Malaysia, Myanmar and Vietnam in recent months. The facility is meant to ensure seamless mobility for travellers among the six neighbouring countries. With most leaders positively responding to the single-visa concept, tourism-reliant Thailand aims to generate more revenue per traveller and cushion its economy from headwinds such as sluggish exports and weak global demand that’s hurt its manufacturing industry.

Thailand is steering an initiative for a joint-visa program with countries that together hosted about 70 million tourists last year as Prime Minister Srettha Thavisin ramps up initiatives to attract more long-haul and high-spending travelers. Srettha — who’s pledged to elevate Thailand’s status as a tourism hotspot into an aviation and logistics hub — has discussed the Schengen-type visa idea with his counterparts in Cambodia, Laos, Malaysia, Myanmar and Vietnam in recent months. The facility is meant to ensure seamless mobility for travelers among the six neighboring countries. With most leaders positively responding to the single-visa concept, tourism-reliant Thailand aims to generate more revenue per traveler and cushion its economy from headwinds such as sluggish exports and weak global demand that’s hurt its manufacturing industry.

Kuki communities in Manipur since May 3 last year, such a flurry of activity in the marketplace signals a revival of normalcy. “What normalcy?” Devi retorts with a poignant blend of anger and despair. “My daughter Mayuda is still confined in the shelters of a relief camp near Imphal. When the unrest erupted, she was just married, starting a new life with her husband in Churachandpur. The Kukis ravaged all their personal belongings, including the grocery shop they had taken on rent.” That’s just one side of the story. About 30 km northeast of Imphal, in Shangkai, Ngamminlen Haokip recounts a harrowing incident of armed Meitei assailants scaling up a nearby hill before launching a deadly assault on Thowai Kuki village. Shangkai is one of the 14 Kuki villages located in the foothills of Ukhrul district, “That’s Thowai Kuki,” he says, pointing towards a hill.

Southest Asian finance ministers and central bank governors have ended meetings in the Laotian city of Luang Prabang citing progress in building stronger regional institutions, but also noting serious challenges due to geopolitical tensions and volatil...

Senior finance and central bank officials from Southeast Asia and major economies are meeting in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disaster...

₹5,600-5,990 a quintal against a minimum support price of ₹5,440, while that of tur is quoted at ₹10,600-10,900 in key mandis of Karnataka and Maharashtra, as per data from spot traders. “Initially yellow pea import was till 31 March.

Developing economies of East Asia and the Pacific are set to see slowing growth, with higher-for-longer interest rates and worsening geopolitical tensions clouding the outlook for the region, the World Bank said.

Lord Buddha, along with those of his disciples Arahant Sariputta and Arahant Maha Moggallana, after 26 -days returned to the National Museum in Delhi on March 19 and was open to brief exposition to the New Delhi based diplomatic corps on March 20. Minister of State for External Affairs Meenakshi Lekhi participated in the ceremony of prayers and chanting in the presence of representatives of the diplomatic corps from 15 countries. Those present on the occasion were Kshenuka Dhireni Senewiratne, High Commissioner of Sri Lanka; Pattarat Hongtong Ambassador, Thailand; Yasiel Alines Burillo Rivera, Ambassador of Panama; Vahagn Afyan, Ambassador of Armenia; Kenneth da Nobrega, Ambassador of Brazil; Guillermo Rubio Funes, Ambassador of El Salvador; Moe Kyaw Aung, Ambassador of Myanmar; Colin Kao, Deputy Director of the Division, Taipei Economic and Cultural Centre in India and senior diplomats from Indonesia, Bhutan, Myanmar, Romania, Peru and Serbia.

Election Commission's released of data on the electoral bond scheme inroduced in 2018 turned quite a few heads, with multiple conglomerates donating incredible amounts of money to India's political parties. Right at the top of the list was Future Gaming Private Limited, a lottery company founded by one Santiago Martin, that donated ₹1,368 crore. Who is Martin, described as a smooth-talking 'lottery king'? Born in 1961, Martin spent some of his youth working in Myanmar as a daily wager, returning to India in the 1980s just as the craze for lottery tickets picked up. The future founder of Future Gaming settled in Coimbatore, working in a tea shop in Tatabad. Eventually, Martin would decide to set up shop selling lottery tickets.

₹12,155 crore between 12 April 2019 and 15 February 2024, really do. What are their business interests? The first company on this list is Future Gaming and Hotels Services Pvt. Ltd.

Bangladeshi smuggler was killed and another injured in BSF firing along the India-Bangladesh border with Tripura’s Unakoti district on Sunday. The BSF also apprehended three Myanmar nationals in Agartala railway station on Sunday after the foreign citizens came to Tripura from Hyderabad to go to Bangladesh in a clandestine route. BSF sources said that when the border guarding troopers were performing duty ahead of the fence near the Magroli Border Out Post, they observed 15 to 20 smugglers approaching Bangladesh from Indian territory while another 25 to 30 miscreants from the Bangladesh side carrying some contrabands.

ANI, that they have established communication with the crew of the merchant vessel, where the 15-plus crew is from Bulgaria, Angola, and Myanmar. As per inputs from the crew, there are around 25 pirates on board the merchant vessel who could have been using it as the mother ship for carrying out piracy in nearby areas.

N. Biren Singh on Friday discussed issues relating to the security situation on the state's border with Myanmar and other matters with a top Assam Rifles official. Biren Singh said on X: «Maj Gen Ravroop, IGAR (South) called on me at my secretariat office today. Had a productive discussion on the security measures being undertaken at border areas and vulnerable spots, while focusing on combating illicit trafficking of contraband items, anti-national elements, and the enforcement of law and order in the region.» The Manipur government has recently deployed a large contingent of state commando forces and asked the Assam Rifles, deployed on the border, and other central armed police forces to tighten security.

top bond buyers along with an examination of some of the other key numbers that have emerged from the initial data dump. FUTURE GAMING & HOTEL SERVICES Bettor than Rest: A Realty Check for ‘Lottery King The top buyer of electoral bonds is Coimbatore-based Future Gaming & Hotel Services, founded in 1991 by Santiago Martin. The group bought electoral bonds worth Rs 1,368 crore between April 12, 2019, and January 24, 2024.