The Myanmar Government has agreed to provide 100,000 MTs of Rangoon Kekulu with immediate effect to overcome the current increase in the rice of price in the local market artificially created by hoarding. The decision was taken during the visit made by Trade, Marketing Development, Cooperative and Consumer Affairs Minister Bandula Gunawardena to Myanmar last week. Minister Gunawardana told the Daily News that President Mahinda Rajapaksa was directly involved to the matter through discussions with the Myanmar Government.
Trade boost: The Minister of State for Commerce, Mr Jairam Ramesh, with his Myanmarese counterpart, Brig Gen Tin Naing Thein, at an interactive meeting organised by FICCI in the Capital on Thursday.
AFTER numerous delays, India and Myanmar have finally inked the agreement for the ambitious Rs 535.91-crore Kaladan project that is expected to benefit India economically and increase trade connectivi
India and Myanmar on Wednesday signed an agreement on Kaladan multi-modal transit transport project that is expected to enhance the connectivity between the two countries, especially with the northeas
AFTER numerous delays, India and Myanmar have finally inked the agreement for the ambitious Rs 535.91-crore Kaladan project that is expected to benefit India economically and increase trade connectivity across the northeastern states. Also, Prime Minister Manmohan Singh and visiting Myanmar vice senior general Maung Aye, who is vice chairman of the state peace and development council, during discussions also decided to open up the existing border points between the two countries in a bid to promote trade.
The time has come for the government to get off the oil industry's back
The runaway rise in international oil prices, which recently crossed $100 a barrel, has put Indian oil companies in a spot. Even as their costs rise, they are unable to raise prices to get the resources needed for acquiring oil assets or otherwise build the infrastructure needed for oil security.
India's ugliest dam builder is undoubtedly the state-owned National Hydroelectric Power Corporation (NHPC). While the company is currently angling to acquire new capital, its operations at home and abroad have left a trail of ruined livelihoods and misery in its wake.
Myanmar's military junta has dramatically raised the annual fee for tv satellite dishes, an apparent move to block the foreign news channels that beamed in global criticism of its recent crackdown
