India wants to build a US$6 billion oil refinery in Thanlyin, Yangon, to rival China’s investments in Myanmar’s energy sector, according to India’s Foreign Secretary Harsh Shringla and Indian Army Chief MM Naravane during their joint visit to Myanmar this week, Indian media have reported. Myanmar has yet to confirm or announce the proposal. Under […]
India, Myanmar agree to open Sittwe Port in 2021
October 15, 2020 by
India and Myanmar have agreed to work towards launching the Sittwe Port in Rakhine State in the first quarter of 2021, according to announcements by the Myanmar government and the Ministry of External Affairs of India. The developments were made during the visit of an Indian government delegation to Myanmar this week. The Sittwe Port […]
How India lost a gas pipeline to China
July 24, 2020 by
A tripartite ministerial meeting between India, Myanmar and Bangladesh held in Yangon in January 2005 agreed to import natural gas through a pipeline from Myanmar via Bangladesh. Gas was to be brought from the newly explored fields in adjoining Rakhine state of Myanmar. It mentioned that the ‘government of Myanmar agrees to export natural gas […]
Myanmar, India to sign six MoUs
February 26, 2020 by
Myanmar will sign six Memorandum of Understandings (MoUs) with India during President U Win Myint’s four-day goodwill visit to India, said U Zaw Htay, Spokesperson of Myanmar President Office, at a press conference at the Presidential Palace in Nay Pyi Taw on 21 February. Six MoUs to be signed by Myanmar and India are: Cooperation […]
The Myanmar-China pact is a setback for India
January 28, 2020 by
The state visit by Chinese President Xi Jinping to Myanmar on January 17-18, the first of its kind in 19 years, was a transformative event in regional politics from the perspective of China-Myanmar bilateral relations as well as regional security, something that should be of major concern for India. A “comprehensive strategic partnership” is moving […]
What Does Xi’s Myanmar Visit Mean for India’s China Anxieties?
January 23, 2020 by
Last week, Chinese President Xi Jinping concluded a two-day visit to Myanmar, the first for Xi in his current capacity and his first overseas visit of 2020. Viewed from the perspective of growing Chinese inroads in the Indian Ocean, Xi’s trip spotlighted Beijing’s continued efforts to make geopolitical gains in line with its broader regional […]
Singapore Businesses see Myanmar as ‘Potential Gold Mine’
November 28, 2019 by
Myanmar is a “potential gold mine” and the “last frontier for” investors despite its low ranking in ease of doing business, said a Singaporean investor at a business to business matchmaking event in early November. MyanmarBizConnect Group, a local business matchmaking group, the Singapore’s Association of Small and Medium Enterprises (ASME) and Malaysia’s RHB Bank […]
As remittance market reaches saturation, mobile money keeps growing
November 15, 2019 by
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
November 1, 2019 by
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 […]
