/Tag: Myanmar

UPI could become first Made in India brand to take the world by storm

2021-02-04T14:29:16+00:00November 5th, 2020|Analysis - India Global Business, India Inc Views - India Global Business|

India is bidding to set up a real time payments system in Myanmar. If it succeeds in face of the stiff competition from MasterCard and Visa, it could open the floodgates for rolling out this payments system across other Asian markets such as UAE, Singapore and Malaysia.

Energy security and India’s growing ties with Myanmar

2020-09-16T13:58:18+00:00September 8th, 2020|Guest Columns - India Global Business, Insight - India Global Business|

Assisting Myanmar wean away from its dependency on revenues from the energy sector amidst a volatile oil market has the potential to support economic stability and would fit well into India’s economic capacity building through its Act East Policy.

Acting East with ASEAN

2018-09-06T11:42:41+00:00December 10th, 2016|2016, South Asia, Year, Yearend 2016|

India’s proactive Act East policy hinges heavily on the ASEAN free trade group and it is the many emerging economies in this collective that offer growth opportunities for Indian companies. The Association of South-East Asian Nations (ASEAN) comprises of the Philippines, Indonesia, Singapore, Malaysia, Brunei, Thailand, Cambodia, Laos, Myanmar and Vietnam. India’s focus on a strengthened and multi-faceted relationship with ASEAN was reinvigorated at the 12th ASEAN India Summit in Nay Pyi Taw, Myanmar, in November 2014, when Prime Minister [...]

Building bonds with the CLMV region

2020-03-12T14:25:47+00:00December 10th, 2016|2016, South Asia, Year, Yearend 2016|

India’s bilateral trade with Cambodia, Laos, Myanmar and Vietnam has grown exponentially from $460 million in 2000 to almost $12 billion in 2014. Till recently, they were considered the poor cousins of ASEAN’s more prosperous members, but the four countries – Cambodia, Laos, Myanmar and Vietnam – known by the acronym CLMV have emerged as the new cynosure of investors’ eyes –both for their economic potential as well as for their strategic value. Recognising these advantages, Prime Minister Narendra Modi [...]

Building new bridges with BIMSTEC

2020-03-12T08:13:00+00:00December 9th, 2016|2016, South Asia, Year, Yearend 2016|

From a passive acceptance of SAARC’s irreplaceable role as a platform for economic integration and developmental cooperation in the region, the Narendra Modi led government has changed India’s approach.

In the autumn of 2016, the cancellation of the South Asian Association of Regional Cooperation (SAARC) summit scheduled to be held in Islamabad was a defining moment in the life of this 30-year institution. The first SAARC summit was hosted by Dhaka in December 1985. Following that, heads of government of member countries were expected to meet every year.

A beachhead for entry into ASEAN

2019-02-07T18:28:04+00:00December 8th, 2016|2016, South Asia, Year, Yearend 2016|

Cambodia, Laos, Myanmar and Vietnam (CLMV) collectively hold a lot of promise for Indian companies, both as a market and source of raw materials.

Most Indians are quite familiar with Vietnam. Apart from etching itself into the India’s (and the world’s) collective consciousness for its heroic and successful fight against a superpower in the 1960s and 1970s, it has also emerged recently as a close Indian ally in South East Asia against a new Chinese assertiveness.