Turmoil puts Indian conglomerate Adani Group’s port project in question

Turmoil puts Indian conglomerate Adani Group’s port project in question

The Adani Group, an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat State, is currently building a container terminal along Yangon river. But the political turmoil has put the company between a rock and a hard place, rep

Unrest affects trade

As the political situation hangs in uncertainty, so does the flow of goods. The Ministry of Commerce released data on external trade from start of current fiscal year (October 1st, 2020) until January 22nd, 2021 and both import and exports have plumm
Trade at main land border with China disrupted

Trade at main land border with China disrupted

Trade in Muse, location of the main border trade with China (and of Myanmar), remained unaltered during the first days of the coup on February 1st before coming to almost a stand still later in the week. In an interview with Eleven Media, Min Naing S

Vaccines arrive

With the arrival of 1.5 million coronavirus vaccine doses from India, January 22 may have marked the beginning of the end of Myanmar’s COVID-19 pandemic. Speaking to reporters, Indian ambassador Saurabh Kumar called the free doses a “gift

Ahead of Biden takeover, China affirms support in ethnic conflict

One week before the U.S. presidential inauguration, Chinese foreign minister Wang Yi reaffirmed Beijing’s support for Myanmar in its handling of ethnic conflicts. In a meeting with President U Win Myint and State Counsellor Daw Aung San Suu Kyi

Crop exports rise amid overall trade slump

Although overall exports are down, agricultural exports have surged more than USD 150 million compared to the same time in the previous fiscal year. According to the Ministry of Commerce, such exports had exceeded USD 930 million by December 18. Thos