Myanmar Morning News For July 27

Myanmar Morning News For July 27
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Myanmar morning newsWarning issued over outbreak of swine flu in Myanmar
UK travellers to Myanmar (Burma) should contact their doctor before travelling following an outbreak of deadly swine flu in the Asian country.
Travel Weekly

MIC announces housing and industrial projects
The Myanmar Investment Commission (MIC) announced a national low-cost housing construction project and industrial land building project.
The Myanmar Times

Pyidaungsu Hluttaw approves tax exemptions for mineral commodities
New executive members for the Central Bank of Myanmar (CBM) were unanimously approved, and tax exemptions for special commodities such as imported diamonds and emeralds were discussed during yesterday’s session of the Pyidaungsu Hluttaw in Nya Pyi Taw.
Global New Light of Myanmar

MGE’s high value of jades to catch attention of foreign merchants
High value of jade lots entrusted to Myanma Gems Emporium will range from Euro 3 million to 8 million, reported Myanma Gems Enterprise.
Eleven Myanmar

Dawei Poultry Ban After Suspected Bird Flu Outbreak
The sale of poultry products from farms and markets in Tanintharyi Region’s Dawei Township has halted amid a suspected outbreak of the H5N1 bird flu in the area.
The Irrawaddy

New marine breeding zones in Twante, Yangon to accelerate GDP growth
A plan to boost the fisheries sector will be drawn and implemented after the current monsoon period to accelerate GDP growth in Myanmar, Yangon Region Chief Minister U Phyo Min Thein said.
The Myanmar Times

To attract investments, assessment on economy must submit to MIC
To develop Myanmar’s agriculture and to attract investments, assessment on businesses and investment must be carried out with the result submitted to Myanmar Investment Commission (MIC), according to Myanmar Rice Federation.
Eleven Myanmar

Gov’t to provide to enhance local sugar producing industry
The government plans to boost sugar production to reduce the nation’s reliance on sugar imports and re-exports, according to a report of yesterday’s edition of City News.
Global New Light of Myanmar

Tea leaf production increases with ‘two row’ plantation process
Tea leaf growers are seeing improvements due to their implementation of a “two-row” cultivation method, which enhances yields than densely cultivated plants.
Global New Light of Myanmar

Local onion prices increasing due to low supply
The price of local onions has started to increase two months earlier than usual this year, according to Bayintnaung market reports.
Global New Light of Myanmar

Myanmar kicks off interbank lending with first repo transaction
KBZ Bank and Yoma Bank have entered into the first repurchase agreement (repo) transaction in Myanmar.
The Myanmar Times

Banks to become customer-centric through digital means
Banking and financial sectors need to harness the benefits of the digital revolution and adapt themselves to be relevant and in meeting the customer needs.

DFID continues to fund MCRB via DaNa Facility
The Myanmar Centre for Responsible Business (MCRB) and DaNa Facility have signed a two-year grant agreement, involving approximately US$1.2 million for 2017-18, to encourage responsible business activities across the country.
The Myanmar Times

Urban project developer in Mandalay upgrades city beltway
Construction work for phase one of the Amarapura Urban Development Project will begin in October, according to the officials from the developer.
The Myanmar Times

Grab rolls out new tech features to capture market shares in Yangon
Southeast Asia’s leading ride hailing platform Grab has announced the rollout of new tech features including localised apps to grab market shares in Yangon, the former capital of Myanmar, where it launched its services in March this year.
Deal Street Asia

Myanmar Floods Displace More Than 130,000
More than 130, 000 people have been displaced by recent heavy rains and subsequent flooding across the country, with two deaths reported, according to the Ministry of Social Welfare, Relief and Resettlement.
The Irrawaddy

Ks2.9b in heroin seized in Shan State
Shan State police say they have seized, along with a suspect, a heroin shipment worth Ks2.9 billion.
Eleven Myanmar


Feature photo Asian Development Bank
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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