India’s Border Trade With Myanmar Stagnates at $50 Million as China’s Hits $6 Billion

As India prepares to celebrate the silver jubilee of its partnership with ASEAN in a big way, a key border trade link with Myanmar, the closest neighbour of the vibrant Southeast Asian bloc, continues to be hobbled by infrastructure and other issues — 22 years after it was launched. India’s border trade with Myanmar takes […]

India demonetisation effect: Cancelled notes still sitting heavy in Myanmar’s purse

KOLKATA, NOVEMBER 15: The famous Shwedagon or Golden Pagoda in Yangon attracts a large number of Indian visitors, most of whom donate to the Buddhist place of worship. In November 2016, when Prime Minister Narendra Modi announced the demonetisation drive, the pagoda had donations worth ₹56,500 in the cancelled notes. The money is still lying […]

On PM Narendra Modi’s visit, Myanmar to receive first lot of diesel from India

NAY PYI TAW: The first consignment of high speed diesel from India will reach Myanmar on September 3, Parami Energy Group CEO Ken Tun has said. Ken Tun told Mizzima News that his group is importing the diesel under a joint venture agreement with India’s Numaligarh Refineries or NRL. Two trucks, each loaded with 4,000 […]

Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

India setting up 9 border trade points with Myanmar

Keen to boost border trade between Northeast India and the neighbouring Southeast Asian countries, the Indian government is setting up nine border haats or markets along the border with Myanmar, a top official said on Wednesday. Addressing the inauguration of the Eighth Delhi Dialogue here, Anil Wadhwa, Secretary (East) in the Ministry of External Affairs […]

India, Myanmar at odds on Tamu immigration office

Confusion surrounds the status of an apparent agreement between the governments of Myanmar and India over the establishment of a visa-on-arrival system on their common border. While the Indian government appears ready to proceed, the Myanmar side is experiencing delay. India’s consul in Mandalay, N Nandakumar, told The Myanmar Times last week that working-level talks […]