Myanmar Morning News For August 3

Myanmar Morning News For August 3
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Myanmar morning newsMP calls for quick delivery of rice and fuel to Tanai
A Tanai MP urged authorities to allow the immediate delivery of rice and machine oil to the township in Kachin State, which is facing difficulties in accessing the two commodities but a senior Tatmadaw official said there is no shortage of grain and fuel in the area.
— Myanmar Times

AMCHAM Myanmar Encourages U.S. Banks to Enter Myanmar Market
The American Chamber of Commerce in Myanmar (AMCHAM Myanmar) recently led a financial services business delegation to Yangon and Nay Pyi Taw consisting of 13 companies to meet with government representatives and local banks from July 24-26. The goal of the mission was to help U.S. financial institutions, including banks and insurance companies, get a better understanding of the local market and opportunities, as well as encourage them to enter the Myanmar market.
— Mizzima

Myanmar shuffles energy, finance officials amid slowing growth
Myanmar has replaced its minister for energy, state media reported on Wednesday, as Aung San Suu Kyi’s administration looks to address concerns that the enactment of vital reforms has been slow since she took power last year.
— Reuters

Singapore cord blood bank targets upper middle-class market
CORDLIFE GROUP, a Singapore-listed cord blood bank, has officially opened an office in Yangon. It will offer cord blood, cord lining and cord tissue banking services to new parents in Myanmar.
— Myanmar Times

Israeli agricultural experts bring ‘sustainable experience’ to Myanmar
Last week two Israeli agricultural experts came to Myanmar to exchange views on agricultural practices that might be suitable for the country’s rural sector.
— Mizzima

Japan’s ENEOS motor oil and lubricant gains market share
ENEOS, which dominates at least half the market in Japan, is distributed in lower Myamnar by conglomerate Myanma Golden Star’s (MGS) subsidiary MGS Lubricant under an agreement with JXTG Nippon Oil & Energy Corporation, one of Japan’s largest oil and gas companies.
— Myanmar Times

Over 6,000 gems, jade lots put on sale at Myanmar Gems Emporium
A total of 6,887 gems and jade lots including 326 gems lots are being put on sale at the 54th Myanmar Gems Emporium which began in Nay Pyi Taw Wednesday.
— Xinhua

NLD needs to rethink Salween dams
Myanmar’s governing National League for Democracy (NLD) is focused on the Myitsone dam project. Yet attention also needs to be paid to the Salween dams which are an unfair deal for Myanmar.
— Bangkok Post

Suu Kyi government brings back Myanmar’s ‘Mr. SEZ’
Myanmar’s government has brought a key architect of the previous administration’s economic policy back into the fold, aiming to bolster confidence in the business community.
— Nikkei Asian Review

Myanmar sign agreement on establishment of Asian Forest Cooperation Organisation
Agreement on the establishment of Asian Forest Cooperation Organization (AFoCO) was signed by Union Minister for Natural Resources and Environmental Conservation U Ohn Win at a ceremony held at the Ministry of Foreign Affairs in Seoul, the Republic of Korea on 31 July.
— The Global New Light Of Myanmar

Pigs’ death due to classical swine fever, not PRRS : Sailo
At least 35 pigs and piglets have died of classical swine fever in Mizoram-Myanmar border village of Biate in Champhai district since July.
— Business Standard

Traditional clay pot toys festival more popular
While many people were frustrated over the suspension of the Taung Pyone Festival in Mandalay, the traditional clay pots and toys festival in Oh Bo ward was busy on July 31.
— Myanmar Times

 

Feature photo FAO of the UN/ Hkun Lat
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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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