Could US reset sanctions on Myanmar over North Korea?
If Kyaw Zeya, Myanmar’s Ministry of Foreign Affairs permanent secretary, is to be believed, then strategic ties between his country and North Korea are completely severed after years of robust cooperation under military rule.
– Asia Times
Thai trade exceeds $318m
Border trade with Thailand exceeds US$318 million until July 7 of this fiscal year, according to Ministry of Commerce.
– Eleven Myanmar
FDI could exceed MIC’s target in 2017-18, but still lower than previous years’
The Myanmar Investment Commission (MIC) could achieve or even exceed its US$6 billion foreign direct investment target for 2017-18.
– The Myanmar Times
Vice President: Myanmar in top 100 business index by 2020
Vice President U Myint Swe said he wants Myanmar to make the list of the top 100 countries on the World Bank’s Doing Business Index in the next three years.
– Global New Light of Myanmar
Total in Talks with Myanmar to supply liquefied natural gas
Total SA is in talks with Myanmar to supply the country’s most populous city, Yangon, with liquefied natural gas, Bloomberg reported on 20 July.
– Mizzima
Mechanism for foreigners to trade in YSX under way
A mechanism for foreign investors and organisations to take part in the Yangon Stock Exchange is under development, according to Myanmar Securities Exchange Centre (MSEC).
– The Myanmar Times
Private investment exceeds Ks13tn since April
Until late June this financial year, the total private investment in 11 sectors exceeded Ks13.7 trillion, according to the Myanmar Investment Commission.
– Eleven Myanmar
Department to call for tenders to upgrade three domestic airports
The Department of Civil Aviation (DCA) is going to call for tenders to upgrade the existing Kawthaung airport in Tanintharyi Region, Mawlamyine airport in Mon State and Heho airport in Shan State.
– The Myanmar Times
Minister highlights small-scale farming
Dr Aung Thu, the minister for agriculture, livestock and irrigation, says the ministry and the Myanmar Agriculture Network are cooperating to promote small-scale farming up to an export-quality level.
– Eleven Myanmar
Rice and broken rice export projected to total 2 million tons this FY
Myanmar is projected to export 2 million tons of rice this fiscal year, of which more than 600,000 tons have already been exported, according to a report in Myawady Daily newspaper.
– Global New Light of Myanmar
Bean prices fall
The prices of beans have fallen in a month with mung beans now costing Ks930,000 per tonne, according to the Bayintnaung wholesale centre.
– Eleven Myanmar
10 hotels to rise in Myeik archipelago
Developers are set to construct 10 hotels in Myeik archipelago to accommodate the increasing number of number of tourists in the region, a senior tourism official said.
– The Myanmar Times
China woos Myanmar as Trump looks elsewhere
When Myanmar’s leader Aung San Suu Kyi wanted to hold a peace conference to end her country’s long-burning insurgencies, a senior Chinese diplomat went to work.
– Today Online
India Courts Myanmar
New Delhi is seriously considering courting Myanmar, so as to counter China’s influence as well as to urge its leaders to look into the insurgency along the India-Myanmar border.
– The Irrawaddy
Thai smuggling crackdown leaves Myanmar’s Rohingya in limbo
Five years have passed since Hla Hla Sein was forced into a displacement camp in western Myanmar for Rohingya Muslims, where disease and deprivation are rife and armed guards patrol a barbed-wire perimeter.
– Coconuts
Feature photo Niels Steeman
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Myanmar morning news by AEC News Today is your one stop source for Myanmar news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.
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