Myanmar Financial News

24.04 / 17:52
Cooper Progressive security Myanmar President War International NSA Doval meets Russian, Myanmar counterparts in St Petersburg: Here's what they discussed
Ajit Doval had a bilateral meeting with His Excellency Mr. Nikolai Patrushev, Secretary of the Security Council of the Russian Federation," the embassy said in a post on X. "Both sides reviewed progress in bilateral cooperation and discussed important issues of mutual interest," it added.
17.04 / 22:37
MET Cooper Myanmar Trade country Relationships Thailand and New Zealand vow to strengthen economic ties as they set lofty new trade goals
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
15.04 / 03:29
Election Myanmar RAI reports Interviews rowing After Sri Lankan island row, BJP leader claims Jawaharlal Nehru 'gifted' Andamans' Coco Islands to Myanmar
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.
15.04 / 03:11
UPS Myanmar RAI country Jawaharlal Nehru gifted Coco Islands to Myanmar: BJP candidate Bishnu Pada Ray
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.
13.04 / 08:41
markets Myanmar Trade DAL country information Payment mechanism for traders importing pulses from Myanmar simplified: Govt
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.
11.04 / 09:29
COST Waters security Myanmar Trade rights International India’s creeping port acquisitions open a sea of opportunities for local firms
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.
06.04 / 17:41
UPS Election community wellness Myanmar travelers peace NOT Manipur on mute: Manipur is not warming up to polls. Who wins or loses is not going to change much
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.
05.04 / 16:33
Citi Progressive economy Myanmar Trade country ASEAN finance leaders end meetings in Laos, pointing to challenges from geopolitics, volatile prices
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...
03.04 / 11:43
Gap Yellow wellness Myanmar India may extend duty-free imports of yellow pea till May to maintain affordability and availability domestically
₹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.
21.03 / 08:35
Citi Action Myanmar country travelers rights peace Buddha relics return to India after historic Thailand tour
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.
18.03 / 02:05
FIVE Myanmar show information donates Electoral bonds: Failed experiment in transparency?
₹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.
17.03 / 16:43
Citizens Action security Myanmar performer International BSF firing at Tripura border: Bangladeshi smuggler killed, another injured; 3 Myanmar nationals arrested
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.
16.03 / 20:36
Waters Action security Myanmar reports Videos International Indian Navy establishes link with cargo ship Ruen's crew after thwarting Somali pirates' hijacking attempt
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.
15.03 / 20:35
FIVE security WhatsApp Myanmar cover Department fencing Manipur CM, Assam Rifles official discuss security situation in India-Myanmar border area
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.
12.03 / 03:43
Citi Citizens Myanmar travelers Destinations Indians can't travel to THESE Indian States without a special permit. Lakshadweep, Manipur - Check full list here
Prime Minister Narendra Modi's visit to the picturesque Lakshadweep Islands has drawn attention to the process of applying for ILPs. This Union Territory, an idyllic paradise off the coast of Kerala, necessitates permits for all travellers, including Indians, to manage tourism numbers on these remote islands. Obtaining a permit requires submitting a clearance certificate from a local police station, along with identification documents, while online applications are also facilitated.
08.03 / 18:02
FIVE Waters Assurant Myanmar track Switch from rice, wheat, cane to get MSP on select crops: govt tells farmers
masur, tur (pigeon pea) and urad. In addition, the government will also procure unlimited amounts of cotton at MSP for the next five years, but this is not linked to the diversification plan. This initiative aims to encourage farmers to move away from harmful practices used for traditional crops that damage soil health.
08.03 / 16:09
security Highways Myanmar Refugees country Inside International Army JCO abducted from home in Manipur's Thoubal district
Indian Army was abducted in Manipur's Thoubal district on Friday by unknown miscreants. A senior police officer who does not want to be named told ET, “The reason for abduction is not known yet.The JCO, identified as Konsam Kheda Singh, was on leave.” Police said, “Some miscreants entered his home in Charangpat Mamang Leikai village at around 9 am and the officer was forced to get inside a vehicle. His family has in the past received extortion threats.”
05.03 / 19:05
community Bill Myanmar President country information Manipur CM N Biren Singh discusses act guiding tribal affairs
N Biren Singh announced on the floor of the legislative assembly that the state government will consult and take appropriate steps for the implementation of The Manipur Hill Areas (Acquisition of Chiefs' Rights) Act, 1967. Passed in 1967, the act is yet to be implemented, thus enabling the chieftains to continue establishing villages as per their hereditary practices. Elaborating on the same, BJP legislator Rajkumar Imo Singh said, «A very important statement by the CM that the state government will consult and take appropriate steps for the implementation of The Manipur Hill Areas (Acquisition of Chiefs' Rights) Act 1967. This Act was passed by the Assembly on Jan 10, 1967 to abolish the hereditary chieftainship. The President of India gave assent to the Bill on 14th June 1967. One can see the exponential growth of villages in these places. Manipur is the only state where this act isn't implemented. Even a state like Mizoram had implemented a similar act for abolishing chieftainship way back in 1954 when it was a part of Assam.»
05.03 / 18:09
FIVE security Myanmar students information reports Investigations 28 persons still missing, 1555 persons hurt in Manipur violence, says CM Biren Singh
Manipur Chief minister Nongthombam Biren Singh informed the assembly on Tuesday that altogether 63 persons were reported missing since the ethnic violence unfolded in restive Manipur in May last year. Out of them, 26 were found dead, 9 were traced out alive and 28 are still missing, informed Biren, while responding to posers raised by legislators on the fifth and last day of the 5th session of 12th state assembly. On the missing of two standard XII students from Imphal West district’s Sagolband Tera area, the leader of the house said the Cental Bureau of Investigation has reported to have filed charge sheet against five accused arrested in the case.
02.03 / 05:55
UPS security community Myanmar travelers International fencing Nagaland assembly resolved request Government of India to reconsider its decision, on Free Movement Regime and fencing along the Indo-Myanmar border
Nagaland assembly resolved to request the Government of India to reconsider its decision, and to abandon the plan of suspending the Free Movement Regime and fencing along the Indo-Myanmar border. The Centre has decided to do away with the FMR with Myanmar and erect fencing along the Indo-Myanmar border. The Free Movement Regime initially allowed travelling up to 40 kilometres without separate permission, which was later reduced to 16 kilometres. The 14th Nagaland Legislative Assembly passed a resolution on the Free Movement Regime (FMR) along the Indo-Myanmar Border.
29.02 / 12:23
security Dreams Myanmar country reports International fencing Mizoram leaders say no to border fence, want Free Movement Regime with Myanmar to stay — Here's why
entire India-Myanmar border would be fenced. On February 8, Shah said that the Centre decided to scrap the India-Myanmar Free Movement Regime to maintain the country's internal security and demographic structure of the northeastern states. ALSO READ: What comes under India's Free Movement Regime with Myanmar and why was it scrapped? Top points Before this, in January, Mizoram Chief Minister Lalduhoma maintained that he was opposed to the Free Movement Regime and fencing of the border.

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