World Beating Growth Lures India Refiners to Myanmar Fuel Market

Indian refiners are seeking a foothold in neighboring Myanmar to capitalize on growth prospects as the Southeast Asian nation emerges from a half-century of military rule. Numaligarh Refinery Ltd., a unit of India’s second-biggest state-run refiner Bharat Petroleum Corp., plans to export gasoline to Myanmar. Indian Oil Corp., the largest refiner, is also keen on […]

India, Bangladesh, Myanmar work together on quake prediction

KOLKATA: Efforts are on by Indian seismologists and geologists to jointly carry out studies with Bangladesh and Myanmar and form a common geodetic network to verify fresh data and sort out discrepancies over earthquake-related research in the region. In a recent paper in Nature Geoscience, a group of scientists published new evidence of the increasing […]

Yangon Door2Door: Food Delivery Service with a Green Vision

RANGOON — Traffic has been a common complaint among Rangoon’s residents for some years now, but some creative entrepreneurs are taking a proactive approach to ease the urban curse. Shady Ramadan, who moved to Myanmar from his native Egypt in 2010, is one of them. Ramadan founded a delivery service called Yangon Door2Door, often just […]

Well known Indian Bawarchi Restaurant open outlet in Yangon

New Delhi – Bawarchi, a renowned and award winning chain of Indian restaurant in Thailand’s capital city, Bangkok has announced a grandeur opening of its new outlet at Dagon Township, Yangon, Myanmar. The restaurant is well equipped within the city for a favorable dining experience and offers authentic Indian cuisine from Bangkok’s most renowned restaurant […]

Six foreign companies receive approval for manufacturing and wood factories

Myanmar Investment Commission (MIC) has approved six foreign businesses, including the companies from China, India and Singapore, on December 4, to start their operation in the country. The approved businesses consist of two garment factories, one shoe factory, one sporting accessories manufacturing company and two wood factories. Chinese firm Kamcaine Manufacturing Ltd obtained approval to […]

Can Singapore capitalise on Myanmar’s opening?

Myanmar’s political opening has caught the world’s attention, and many countries are rushing to what has been called Asia’s last frontier market. Punishing sanctions by the European Union have been lifted, while Washington DC has suspended its measures. Seized by the economic potential of the country’s large market and rich resources, Western companies have responded […]

Competition intensifies for Myanmar’s offshore oil blocks

Competition to win the contract to operate 30 offshore oil blocks in Myanmar coastal regions has intensified among Chinese, Indian and other global oil companies, said an industry observer. State-owned Myanmar Oil and Gas Enterprise (MOGE) has recently announced a list of international firms shortlisted for the tender of 30 offshore blocks- 11 in shallow […]

Myanmar allows access to Indian airlines

The fifth freedom rights allow an airline carry revenue traffic between countries as a part of services connecting the airline’s own country. Photo: Mint Yangon: Indian airlines can now operate flights to Myanmar as the country has granted traffic rights to India-based carriers paving the way for air connectivity between the nations. “Yes, we (Indian […]