Myanmar Morning News For June 19

Myanmar Morning News For June 19
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Myanmar morning news

Myanmar: close to lowest electricity production in Asia
AN official of General Electric (GE) said that Myanmar has one of the lowest electricity generations among the Asian countries, according to a report in Myawady newspaper yesterday.
Global New Light of Myanmar

Japan constitutes nearly half of FDI in Thilawa SEZ
Japan has put investments of US$468 million into Thilawa Special Economic Zone (SEZ) so far, accounting for over 43 per cent of total foreign direct investments, according to Myanmar Japan Thilawa Development Limited.
Global New Light of Myanmar

Environmental sustainability and meaningful CSR to boost investor confidence
EuroCham white Paper 2017, an advocacy document on trade and investment policies, released last week,identifies the potential for Myanmar’s growth and development in seizing the opportunities of green technologies, environmentally sound business practices and harnessing meaningful CSR.

Local Daewoo bus production for export
Myanmar Trade Center Co will roll out locally manufactured Daewoo minibuses from its Htauk Kyant factory in Yangon by the end of this year, said the firm’s executive director U Kyaw Kyaw Aung, in a bid to help improve transport efficiency and ease congestion.
The Myanmar Times

Norwegian Firm Wins Contract for Dam Impact Assessment
Norwegian engineering consultancy Multiconsult has been appointed by Norway’s state-owned SN Power to carry out an environmental and social impact assessment for the Middle Yeywa dam in upper Myanmar.
The Irrawaddy

MIC invites companies to submit proposals to build dry ports, bonded warehouses
Myanmar Investment Commission has invited companies to submit proposals to build dry ports and bonded warehouses on the other bank of the Yangon River, Planning and Finance Minister Kyaw Win has said
Eleven Myanmar

30,000-ton container ship successfully docks at Myanmar Industrial Port Terminal
MV Pacific Star, a large container ship with deadweight of 30,000t, which is 175 meter in length, has successfully docked at Myanmar Industrial Port Terminal on a trial basis, according to the Myanma Port Authority.
Global New Light of Myanmar

Puma Energy chief: ‘Competition will help to improve standards and pricing’
PUMA ENERGY has been among the first winners from Myanmar’s new investment law, recently becoming the first foreign company to get the green light to import, distribute and sell fuel products.
Frontier Myanmar

Coal-Powered Cement Plant Starts Production Despite Local Opposition
A 500-ton cement factory has started commercial operations in Kyaikmayaw Township, Mon State, despite opposition from locals over the coal-fired plant that will fuel it.
The Irrawaddy

Matriculation examination results released
Mon State won the highest pass rate in all states and regions for the 2017 matriculation examination at 41.12 per cent meaning that of the 22,618 candidates, 9,301 passed. It won the highest pass rate for two years in a row.
Global New Light of Myanmar

New bill on vocational training in the works
The Technical Vocational Education and Training (TVET) Bill, which is being drafted by the Ministry of Education, will be submitted to parliament soon, said Dr Aye Myint, director general of the Department of Technical and Vocational Education.
The Myanmar Times

Government urged to boost SMEs to create more jobs
Myanmar needs to maximise its agricultural, industrial and service sectors to push the country’s economic growth and create more jobs.
The Myanmar Times

Marketing main roadblock for community tourism
Community tourism projects struggle to market their products and services, according to speakers at the Communities and Tourism Conference held in Nay Pyi Taw on June 13-14.
The Myanmar Times

Modern farming zone possible in the future for Rakhine
Lack of access to sufficient underground water is the main challenge for establishing a model farm at the border of Punnagyun and Yathedaung townships in Rakhine State, it was learnt yesterday.
Global New Light of Myanmar

Mandalay tax collection surpasses K19 billion
Tax collection in the Mandalay Region has exceeded expectations by K19 billion, said U Ko Ko Aye, director for the regional Internal Revenue Department.
The Myanmar Times

Myawaddy imports 10x exports
Between April 1 and June 2, trade at the Myawaddy border with Thailand reached US$126.3 million, up US$4 million from the same period last year, according to the Commerce Ministry.
Eleven Myanmar

No imports through Maungdaw border
Maungdaw border trade in Rakhine State has resumed but imports from Bangladesh have yet to come in, Maungdaw Border Trade Chamber of Commerce president U Aung Myint Thein told The Myanmar Times.
The Myanmar Times

Black box of crashed military plane found
The flight data recorder, commonly known as the “black box”, the cockpit voice recorder (CVR) and a body were discovered in the retrieved plane’s tail section yesterday, according to a statement from the Office of the Commander-in-Chief of Defence Services.
Global New Light of Myanmar


Feature photo Jean-Marie Hullot
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).


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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