China’s metal imports from Myanmar show mixed trends post the coup

Chinese trade data gave a mixed snapshot of neighbour Myanmar’s ability to keep up metal shipments in March amid unrest after February’s coup, with flows of nickel pig iron (NPI) dwindling to almost nothing but those of copper doubling month-on-month. With Chinese firms directly involved in Myanmar metals mining, imports of stainless steel raw material NPI […]

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Despite pandemic and military coup, firm boasts of trading Myanmar teak: EIA

Gold Teak Holding, a Singaporean company with operations in Myanmar and Italy, gave a flawless display of hubris last week when it posted a photo on its LinkedIn profile showing a container of timber with the caption “An other [sic] cargo carried out despite COVID-19 and #Myanmarcoup”, the Environmental Investigation Agency (EIA) reported.  The LinkedIn post photo available […]

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Adani Ports removed from New York stock exchange’s index for links with Myanmar military

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Adani Ports and Special Economic Zone (APSEZ) has been removed from the Dow Jones Sustainability Indices, S&P Dow Jones Indices said in a statement, citing the firm’s business links with the Myanmar military responsible for the coup that overthrew the country‘s democratically elected government led by Aung San Suu Kyi on February 1 and the […]

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Political turmoil hits Myanmar’s rice output

Myanmar’s rice exports will likely suffer in wake of the military coup in February that has caused widespread political instability, according to the U.S. Department of Agriculture (USDA). The country’s rice exports in January had grown strongly because of demand from China ahead of the Lunar New Year holidays in February.  However, from February, domestic […]

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As India bans export of onions, Bangladesh issues over 200 import permits for 88,000 tonnes of onions

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Bangladesh importers have been eagerly waiting for onion consignments to get cleared from Chittagong port, a day after the Indian government allowed pre-contracted onions to enter the markets. According to the Chittagong Plant Quarantine Station, more than 200 import permits (IPs) were issued for 88,045 tonnes of onions from September 3 to 17. Of them, 3,320 tonnes are from the […]

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