Myanmar Morning News for March 14

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.

Inside The Brutal World of Myanmar’s Rohingya
In an Our World report titled Freedom and Fear in Myanmar veteran BBC correspondent Jonah Fisher gives the outside world a rare inside look at the brutal world of Myanmar’s Rohingya under the rule of Noble laureate Aung San Suu Ky.
— AEC News Today

Myanmar rejects suggestion of COI to probe Rohingya issue
The Myanmar government on Monday (Mar 13) announced its rejection of the suggestion that it form a commission of inquiry (COI) to investigate alleged atrocities against the Rohingya people.
— Channel NewsAsia

Myanmar Dealbook: Korea’s Koryo Cable to invest $8.2m; Malaysia’s iflix entry
Koryo Cable from Korea is planning to invest $8.2 million to start a cable manufacturing facility in Thilawa. On the other hand, Malaysia’s iflix, a TV streaming service provider, is looking at introducing their services to the Myanmar audiences.
— Deal Street Asia

Myanmar’s largest private bank KBZ Bank may sell stake to foreign firm
Myanmar’s largest privately-owned bank by assets says it’s willing to sell a stake to a foreign lender, pending a change in the country’s law, as it gears up to expand its operations in one of Asia’s most under-banked nations.
— Deal Street Asia

Rakhine to organise youth conference
Rakhine youth told the media at a briefing at the Hotel Grand United in Yangon on March 12 about the prospects of a conference expected in December in Taungup Township, Rakhine State.
— Eleven

11 suspects arrested for logging
The military arrested 11 suspects with 99 trucks for logging and smuggling timber in Mansi Township, Kachin State, according to a statement dated March 12 from the commander-in-chief’s office.
— Eleven

Japan grants about US$ 4.2 million for Myanmar’s peace process
On March 9, Japan provided nearly US $4.2 million for the peace process in Myanmar through UNOPS Myanmar, said a press release issued by the Japanese embassy to Myanmar.
— Eleven

JMHU offers $20 million in capital to implement low-cost housing projects
Japan-Myanmar Association for Industry of Housing and Urban Development (JMHU) has offered to provide US $20 million to Myanmar to implement low-cost housing projects, according to a press release issued by the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).
— Eleven

Pyidaungsu Hluttaw told 44 state projects should be suspended
As Myanmar moves to slash government spending, the Pyidaungsu Hluttaw was told that 44 of 52 projects by state-owned enterprises should be suspended.
— Myanmar Times

U Wirathu’s silent protest against gag order
Myanmar nationalist monk U Wirathu, leader of the Committee for the Protection of Nationality and Religion (known by its Myanmar-language acronym Ma Ba Tha), held a silent protest in Einme township, Ayeyarwady Region, on Saturday evening against the decision by the State Sangha Maha Nayaka Committee (known as Ma Ha Na) to ban him from delivering speeches for one year.
— Myanmar Times

Pharmacies selling unregulated drugs to face legal action
Pharmacies in seven townships in the Mandalay district area found to be selling unlicensed and expired drugs will face severe action, including the closure of their stores, under a proposal submitted by the Food and Drug Administration (Mandalay branch) to the Mandalay regional government.
— Myanmar Times

Regions can approve up to US$5m investments
The maximum amount of investments which can be approved by regional and state governments has been set to US$5 million (K6 billion). Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission (MIC), according to an announcement from MIC chair U Kyaw Win on March 3.
— Myanmar Times

Ayeyawady Region govt to sue Wirathu over ‘silent protest’
The Ayeyawady Region government is planning to sue anti-Muslim monk U Wirathu in response to his “silent protest” in Einme Township on Saturday evening.
— Coconuts Yangon

ICRC opens new prosthetic rehab center in Shan State
Shan State’s first physical rehabilitation center has officially opened its doors in Kyaing Tong. The facility was built with a US$1.3 million investment from the International Committee of the Red Cross (ICRC).
— Coconuts Yangon

Myanmar may be seeking to expel all Rohingya, says UN
Myanmar may be seeking to “expel” all ethnic Rohingya from its territory, a UN rights expert has said, pushing for a high-level inquiry into abuses against the Muslim minority community.
— The Guardian

Myanmar approves diplomatic relations with Vatican
Myanmar’s parliament has approved a proposal to establish formal diplomatic relations with the Holy See.
— Catholic Culture

Mixed prognosis for Myanmar garment sector
Myanmar was ruled by a military junta for 50 years. After such a long period of economic isolation, foreign investment is now booming as economic sanctions have been lifted following Myanmar’s first steps towards democracy.
— Asia Times

Chinese teacher killed in Myanmar
Chinese experts said skilled negotiators are needed aside from strong policies in Myanmar’s peace process, after a Chinese volunteer teacher was killed during armed clashes in Kokang region, northern Myanmar on Saturday. – See more at: http://www.mizzima.com/news-domestic/chinese-teacher-killed-myanmar#sthash.BH8oTcSX.dpuf
— Mizzima News

Russia and Myanmar top officials discuss regional security
Russian Security Council chief Nikolai Patrushev met in Moscow on Monday with the national security adviser of Myanmar’s government, U Thaung Tun to discuss cooperation of the two countries and regional security.
— TASS

Feature photo Eli Shany

Myanmar morning news is published M-F by AEC News Today: Governance, not government; policies not politics.

Myanmar Morning News For March 14 added by Stella-maris Ewudolu on March 14, 2017
View all posts by Stella-maris Ewudolu →

Bio
Latest Posts

Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.