Myanmar Joins South Asian Bloc Focussed on Transport, Energy

Myanmar has joined a regional partnership aimed at improving trade links between Southeast Asia and South Asia. The move makes Myanmar the seventh member of the South Asia Sub-regional Economic Cooperation (SASEC) group, which is supported by the Asian Development Bank. The group’s key aims are to promote cross border trade in energy, to improve […]

Indian Government Considering Afghanistan, Myanmar’s Proposal to Boost Pharma Exports

NEW DELHI: India is examining a proposal from Afghanistan to help set up a manufacturing base for pharmaceutical products, along with another proposal from Myanmarto supply generic drugs, as part of its efforts to shore up declining exports. The department of commerce is closely examining Afghanistan’s proposal seeking India’s help in setting up a manufacturing […]

India Plans to Sell Refined Crude Oil Products to Myanmar

​​ India plans to sell refined crude oil products to Myanmar as part of New Delhi’s efforts to deepen ties with its eastern neighbour, which is expected to see strong demand for fuels as it builds new roads, factories, utilities and airports, the Times of India reported on 20 February. Indian oil minister Dharmendra Pradhan […]

Myanmar Has a Key Role to Play in ‘Club Asia’ as Tourism in the Region Booms

​​ Many moons ago Singapore’s then prime minister tried to encourage the government to develop Myanmar’s tourism sector, writes Lars Henriksson. He’s finally getting his wish. In the book General Ne Win: A Political Biog­raphy academic Robert H. Taylor writes that “on 16 January 1986, Singa­pore Prime Minister Lee Kuan Yew visited Ne Win at his home […]

China Declines to React on Indo-Russian Gas Swap Proposal

​​ BEIJING: China today refused to comment on a proposal being pushed by India and Russia to swap natural gas between the countries, including Myanmar, saying it was not aware of the details and preferred to know the reactions of other parties involved. ONGC Videsh Ltd Managing Director Narendra K Verma said yesterday in New […]

India Offers Myanmar’s Suu Kyi Help in Energy, Agriculture

NEW DELHI (AP) ” India offered on Wednesday to provide help with energy and agriculture in response to a request from visiting Myanmar leader Aung San Suu Kyi for cooperation in building infrastructure in her country. Indian Prime Minister Narendra Modi met with Suu Kyi in New Delhi and also offered help in restoring pagodas […]

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 plans to set up SEZ in Myanmar

NEW DELHI: It is not just Iran’s Chabahar port and connectivity to Eurasia that has caught attention of the Modi government. India plans to set up a SEZ in Sittwe in Myanmar where it has already built a port. The proposed SEZ by India will rival Chinese SEZ located 80 km down of strategically-located Sittwe […]

India, China, Myanmar should develop Stilwell Road: Chinese media

BEIJING: India, China and Myanmar should establish a joint dialogue mechanism to restore the Stilwell Road connecting the three countries to revitalise trade in the region, Chinese media said today. “The Stilwell Road was called the Ledo Road, but renamed after Stilwell at the suggestion of Kuomintang leader Chiang Kai-shek. Ledo, a small town in […]

India, Myanmar discussing procurement of pulses

NEW DELHI: Faced with shortage of pulses and increasing prices, the government today said it is negotiating a long-term arrangement for procurement of lentils fromMyanmar . Commerce Minister Nirmala Sitharaman, who was recently in Myanmar, said talks are going very well on government-to-government import of pulses. She said that India imports from various countries as the country produces […]