Asia Top News and Analysis Myanmar

  • JAKARTA, Oct 18- Indonesia launched an international aid agency on Friday to strengthen its regional diplomatic relations, some of which have been strained by Jakarta's approach to the restive Papua region. Several Pacific nations have backed calls for investigations into allegations of violence by security forces in Indonesia's easternmost region,...

  • LONDON/ BEIJING, Oct 14- A crackdown on sugar smuggling into China has left abundantly supplied markets in Asia and beyond struggling to absorb excess supplies, causing a wider storage problem for global markets. Vast tonnages of sugar smuggled into China are believed to be produced mostly in India or Thailand and shipped to Myanmar, Laos or Vietnam before...

  • LONDON/ BEIJING, Oct 14- A crackdown on sugar smuggling into China has left abundantly supplied markets in elsewhere Asia struggling to absorb excess supplies, causing a wider storage problem for global markets. Vast tonnages of sugar smuggled into China are believed to be produced mostly in India or Thailand and shipped to Myanmar, Laos or Vietnam before...

  • NEW DELHI, Oct 13- India, one of the world's largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday. India has struggled to boost its use of gas, which produces less greenhouse gas emissions than coal and oil, because many industries and...

  • *Export ban lifts prices in Bangladesh, Nepal and Sri Lanka. *Buyers bid to switch to China, Egypt, Iran to calm prices. That's because India, the world's biggest seller of the Asian diet staple, has banned exports after extended Monsoon downpours delayed harvests and supplies shriveled.

  • MANILA, Oct 1- The Philippines' Department of Agriculture on Tuesday threatened legal action against hog traders ignoring strict animal quarantine rules as it confirmed new cases of African swine fever infections in metropolitan Manila and a northern province. The incurable disease is wreaking havoc on hog industries in China and Southeast Asia and could...

  • CHONBURI, Thailand, Sept 27- When trade war tariffs jolted Chinese tyre-maker Prinx Chengshan into speeding up foreign investment plans, the company wound up in Thailand, thanks to that country's relentless courtship. Multiple visits to China by Thailand's Board of Investment helped. "This impressed our company, and this is also one of the main reasons for...

  • *Vietnam, Philippines hit by African swine fever; Thailand alert. SINGAPORE, Sept 27- Last year, Southeast Asian farms offered a lifeline to U.S. grain exporters wounded in a bitter trade war with China. That helped to cushion the blow of a slump that wiped out nearly three-quarters of China sales of the same crops as Washington and Beijing exchanged tit-for-tat...

  • LAGOS, Sept 12- The International Committee of the Red Cross wants to connect private investors with potentially money-making projects in areas blighted by conflict, its president said on Thursday. The ICRC head told business leaders in Nigeria's commercial capital Lagos that it plans to launch five to ten new financing mechanisms by 2025 in conflict-hit...

  • LONDON, Sept 11- Chinese tin smelters have announced their intention to cut production in the face of low prices. The collective statement of intent has had its intended effect, halting a five-month slide in the London Metal Exchange tin price and triggering a strong bounce from August's three-year low of $15,565 per tonne to a current $17,300.

  • LONDON, Sept 10- Chinese tin smelters have announced their intention to cut production in the face of low prices. The collective statement of intent has had its intended effect, halting a five-month slide in the London Metal Exchange tin price and triggering a strong bounce from August's three-year low of $15,565 per tonne to a current $17,300.

  • Pedestrians walk past street vendors outside a Kanbawza Bank (KBZ Bank) branch in Yangon, Myanmar, on Monday, Sept. 3, 2018.

    Kanbawza Bank of Myanmar hires legal powerhouse in fear of U.S. sanctions after holding company was implicated in a U.N report.

  • *Jakarta suffers pollution, congestion, risk of natural disasters. JAKARTA Aug 26- Indonesia on Monday revealed the long-awaited site for its new $33- billion capital on the forested island of Borneo to replace the crowded, polluted megacity of Jakarta, which is slowly sinking into the sea. "It is a strategic location at the centre of Indonesia, close to growing...

  • COX'S BAZAR, Bangladesh, Aug 25- At least 100,000 Rohingya refugees rallied in camps in Bangladesh on Sunday, marking two years since the start of a brutal military crackdown in Myanmar that forced more than 730,000 to flee across the border. More than one million people live in the camps in southern Bangladesh in the worlds largest refugee settlement.

  • LONDON, Aug 1- China's imports of refined base metals faded over the course of the first half of 2019.. But in part lower refined metal imports are also due to the continuing build-out of domestic refining capacity, which is reducing China's need for imports but stimulating the country's purchase of raw materials. These two themes define China's trade in copper...

  • LONDON, Aug 1- China's imports of refined base metals faded over the course of the first half of 2019.. But in part lower refined metal imports are also due to the continuing build-out of domestic refining capacity, which is reducing China's need for imports but stimulating the country's purchase of raw materials. These two themes define China's trade in copper...

  • SINGAPORE, July 12- Shanghai nickel prices recorded their strongest weekly gain since June 2018, as investors bet on the potential demand for the metal in the electric vehicle battery sector. Most other industrial metals traded in tight ranges, as investors exercised caution ahead of a key set of trade data from top metal player China due to be released later on...

  • SINGAPORE, July 12- Shanghai nickel prices rose to near their highest since March, as investors bet on the potential demand for the metal in the electric vehicle battery sector. Shanghai Futures Exchange's most active nickel contract advanced as much as 1.4% to 104,130 yuan a tonne, its highest since March 7, while benchmark nickel in London dipped 0.5% from a...

  • *Yunnan, Guangxi among 4 busiest property markets. XISHUANGBANNA, China, July 12- A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some with children in tow. Their objective: to snap up a piece of China's hottest real estate.

  • LONDON, July 11- Copper was supported by a weaker U.S. dollar on Thursday after Federal Reserve Chairman Jerome Powell raised expectations for an easing of monetary policy, although trade war tensions capped gains. Powell said on Wednesday the U.S. economy was under threat from a damaging trade war between Washington and Beijing, disappointing factory...