Bangladesh losing its geo-economic importance to Myanmar

The Rohingya refugee crisis has exposed Bangladesh’s diplomatic weaknesses. No permanent member of the United Nations Security Council has strongly backed Dhaka to solve the refugee problem. China rendered its support to Myanmar at the UN so that the country does not face any immediate threat such as sanction. The United States’ intention to solve […]

China-India rivalry warms up in South Asia

For all the bilateral co-operation and warmth within the BRICS and other institutions, the intense China versus India rivalry remains as competitive as ever in South Asia. Being the stronger and more developed country, China generally takes the initiative in the race for regional supremacy and sets the pace. Its latest move, an offer for […]

Cambodian PM asks workers not to demand higher wage hike

Cambodian Prime Minister Hun Sen has asked garment workers not to demand a higher rise in the minimum wage. As garment workers in many Asian nations get paid lesser, workers should not demand a salary hike that employers may not afford, he told garment workers in Phnom Penh recently. Else factories could move to Myanmar, […]

Yangon CM urges businesses to help rebuild Rakhine

Yangon Region Chief Minister U Phyo Min Thein has called on the business community to rehabilitate the trouble-prone Rakhine State’s economy, which is under international scrutiny due to unrest. During his address to the Union of Myanmar Federation of Chamber and Commerce (UMFCCI) members on October 7, he told business owners to cooperate to help […]

India opens two border crossing points with Myanmar, Bangladesh

India has opened two immigration check posts along the borders with Myanmar and Bangladesh, a reflection of its growing closeness with the two eastern neighbours. In a gazette notification, the home ministry said the central government has designated Zorinpui land check post in Lawngtlai district of Mizoram as an authorised immigration check post for entry […]

Myanmar army moves worry China

Since the Kofi Annan Commission on Rakhine state announced its recommendations a month ago, Aung San Suu Kyi has been insisting that her government is committed to implementing them. As a part of this plan, a ministerial-level committee to monitor progress on the implementation of the commission’s recommendations has been formed. But the government has […]

India to Develop Energy Network in Rakhine State of Myanmar

India is very keen to explore the shared future in energy network along with three key neighbouring countries, Bangladesh, Myanmar and Nepal. These three countries have assured India at the highest level that it will abide with the Indian proposal to build energy networks. Simultaneously, there has also been positive signs of giving greater participation […]

Nagaland Declaration’ released at NE Connectivity Summit

DIMAPUR, Sept 24 – Following wide-ranging discussions during the two-day 4th North East Connectivity Summit in Kohima, Deputy Secretary General, FICCI, Arun Chawla released the ‘Nagaland Declaration’ for connectivity-led development of the North East region.As per the declaration, the Summit, which concluded last night, felt the need to create a North East Implementation Agency to […]

Rice federation proposes exports via Pathein, Sittway ports

Officials from Myanmar Rice Federation have submitted a plan to export rice via seaports in Pathein, Ayeyawady Region, and Sittway, Rakine State, in addition to Yangon ports, especially to Bangladesh. The proposal was made during a regular meeting between Vice President Myint Swe and Myanmar businesspeople at the office of the Republic of the Union […]

Yangon Stock Exchange looks for Belt and Road boost

The Yangon Stock Exchange, launched in December 2015, expects to enjoy indirect benefits from China’s Belt and Road Initiative as more Sino-Myanmar joint ventures are set up and demand for capital increases. “China is a major economic and trade partner with Myanmar. Myanmar’s enterprises need to grow together with their Chinese counterparts,” said Thet Htun […]