Myanmar Morning News For June 6

Myanmar citizens caught selling Rohingya children for $300

Malaysian police rescued 11 Rohingya human trafficking victims in a Kuala Lumpur raid on Saturday morning. The victims – nine of them children – were being held in a “confined space” by six other Myanmar nationals.
— Coconuts

Singapore: Spout eyes expansion in Myanmar after closing $2.1m seed funding
Singapore-based Spout Entertainment Group plans to launch an e-education app in Myanmar to grow its presence in the market. The expansion will be supported by funds it raised from venture builder REAPRA in a S$3 million ($2.1 million) seed round.
— Deal Street Asia

Trade at Htikhee trade camp drops five times
Trade at Htikhee trade camp on the Thai-Myanmar border has declined five times this year, compared to the figures in the same periods last year.
— Eleven Myanmar

MRF, IRD to discuss withholding tax
The Myanmar Rice Federation (MRF) is going to negotiate with officials from the Internal Revenue Department (IRD) about withholding tax on high-income agri-businessmen, U Nay Lin Zin, joint secretary of Myanmar Rice Federation, told The Myanmar Times.
— Myanmar Times

AYA Bank selects Misys for next transformation project
AYA Bank (Ayeyarwady Bank) has selected the Misys Fusion Banking suite to support a transformative project which will overhaul its core banking system, digitalise operations and improve overall efficiency throughout the organisation, according to a press release.
— Mizzima

Outbound travel, changing tastes hit domestic tour companies
Domestic travel agencies are under pressure as increasing numbers of Myanmar spurn package tours to the nation’s top destinations for DIY trips and competitively priced holidays in regional countries.
— Frontier Myanmar

Six-pronged strategy aims to prevent, reduce crime in Mandalay Region: Minister
To reduce crime and ensure residents live in relative peace and harmony, the authorities in the region are formulating a six-pronged strategy.
— Myanmar Times

Investor-friendly environment and human capital essential for Myanmar’s success in the Belt and Road Initiative
Jonathan Woetzel, senior partner of McKinsey & Company and director of the McKinsey Global Institute (MGI), told The Myanmar Times that success of the Belt and Road Initiative (BRI) in Myanmar would depend on the country creating an investor-friendly environment and developing sufficient human capital.
— Myanmar Times

Telenor Myanmar starts Gold number promo
Telenor has introduced a “beautiful numbers” promotion for customers in Myanmar. Telenor makes its Gold, Premium and Star available for everyone with MMK 5,250 per special number across all categories.
— Telecompaper

Number of Yangon eateries surpasses 8,000
The number of restaurants in Yangon Region totals over 8,000, according to the health department at the Yangon City Development Committee.
— Eleven Myanmar

WWF launches #SaveTheirSkins campaign to combat elephant skin trade
The World Wildlife Fund has released a statement calling on governments in Southeast Asia to actively combat the surge in elephant skinning taking place in Myanmar.
— Coconuts

Myanmar moves higher in global peace index, says think-tank
Myanmar has moved 10 notches higher in the Global Peace Index (GPI), performing better than its neighbours Thailand and China, even as it struggles to make peace with ethnic armed groups that are waging a decades-old war with the government, said an international peace think-tank.
— Myanmar Times

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.

Myanmar Morning News For June 6 added by Leakhena Khat on June 6, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.