External trade dives by $2 bln as of 18 December

Myanmar’s external trade between 1 October and 18 December in the current financial year 2020-2021 touched a low of US$6.14 billion, a sharp drop of $2.065 billion compared with the corresponding period of the FY2019-2020, according to the Ministry of Commerce. According to the ministry data during the same period in the previous FY, trade […]

Analysis | India responds to Myanmar’s call for closer ties to balance out Chinese influence

For the first time, India’s foreign secretary and army chief made a joint visit to Naypyidaw earlier this week, fuelling talk that Myanmar has stepped up its efforts to balance China’s rising influence and New Delhi is ready to respond. In all previous Indian administrations, these officials would visit Myanmar at least once in their […]