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As remittance market reaches saturation, mobile money keeps growing

If the mobile money market were a football match, then the second half has just begun. As the undisputed market leader, Wave Money is already a few goals ahead. It reports having almost 50,000 agents and more than 11 million customers, who remitted US$2.8 billion between January and September of this year. By the end […]

Don’t Sleep on Them: Here are food Tech Startups from Cambodia, Myanmar That you Should know About

Hailing from the frontier markets of Cambodia and Myanmar, these startups just began to help maximise their countries’ untapped potentials in tech-based food industry When you think of Southeast Asia, would you think of food? Even if you’re not a foodie, these days technology has made food to be more than a necessity; it’s a […]

Eye on dragon, India & Myanmar ink defence pact

Aimed at enhancing military training, joint surveillance and maritime security, India and Myanmar inked pact on defence cooperation on Monday in the national capital. The maritime cooperation will help both the countries in combating insurgent groups in both the countries and most importantly keep an eye on China’s maritime expansion plans. Seeking to strengthen military […]

Flex inaugurates new manufacturing unit in TN

Flex, a global electronic component manufacturer, Saturday said it was expanding its operations in India by setting up a new manufacturing facility in Tamil Nadu. The new unit, located in Walajabad in Kancheepuram district, was formally inaugurated by Information Technology secretary Ajay Prakash Sawhney, a company press release said Saturday. Commenting on the setting up […]

India-Myanmar: partners in progress

After decades of isolation, India’s eastern neighbour – Myanmar is now perceived as a link to new markets. The transformation of ‘Look East Policy’ into the much coveted ‘Act East Policy’ has also added to the significance of Myanmar in India’s foreign policy considerations. Over the years, India’s policy towards Myanmar has been largely shaped […]

Myanmar’s strategic coastline draws big Asian economies

YANGON — Asia’s biggest economies of China, Japan and India are aggressively backing new port projects in Myanmar, seeking to gain a foothold on the coastline of the geographically prized nation. Located between China, India and Southeast Asia, Myanmar features prominently in regional plans to boost logistical connectivity. Especially eager to expand its presence has […]

Formalities for starting Imphal-Mandalay bus services at final

Manipur Chief Minister N Biren Singh Tuesday said the formalities for starting a bus service between Imphal and Mandalay, the second largest city of neighbouring Myanmar, are at the final stage. Efforts are also on to extend rail and air link from the north eastern state of Manipur to Myanmar, Singh said at a conference […]

Vast improvements sought for trade and exchange at Moreh-Tamu border

Myanmar and India recently continued their bid for growing bilateral cooperation at a seminar convened to discuss opportunities of enhancing connectivity between Manipur in India and Sagaing Region in Myanmar and specifically advances to be made regarding trade at the Moreh (India)-Tamu (Myanmar) border. The Myanmar-India Seminar-cum-Workshop on Issues of Formal and Informal Trade at […]

Upgrade infrastructure to attract global manufacturing, GMS told

There is a significant need for Mekong region countries to upgrade their infrastructure to take on a larger share of global manufacturing, said Sok Siphana, chairman of independent Cambodian think-tank Asian Vision Institute (AVI). “The promotion of the free flow of goods, services, investment and skilled labour within the Greater Mekong Subregion (GMS) could further […]

India maintains curbs on bean imports

India’s Ministry of Commerce and Industry informed Myanmar last week that it is maintaining a ban on imports of beans. Myanmar’s Office of the Commissioner of Customs was informed last Thursday that the imports of peas (yellow peas, green peas, dun peas and Kaspa peas) and pulses (black matpe, toor dal) from Myanmar were to […]