Myanmar Morning News For May 30

iMyanmarHouse founder plans tech-focused venture fund by 2018
Nay Min Thu, founder of real estate website iMyanmarHouse.com, is planning to launch a venture capital (VC) fund targeted at early-stage tech startups in Myanmar by next year.
– Deal Street Asia

Dutch specialists help Myanmar boost potato production
Specialists from the Netherlands are helping local farmers in Myanmar boost their potato yield with training in land development, systematic seeding, and proper storage. The Dutch agriculturalists have also introduced a new potato species.
— Fresh Plaza

Ministry to set up industrial zone in Paletwa
That industrial zone is aimed for the development of value-added small and medium-sized enterprises (SMEs). Those SMEs include Chin traditional loom business, coffee industry and ginger and elephant foot yam (a tropical tuber crop) in Chin State, he explained at the session of Amyotha Hluttaw.
— Myanmar Times

11 teams take home $37,500 in prize money at Myanmar’s biggest startup competition
Eleven new tech startups got a massive boost yesterday when they won a total of $37,500 of prize money at StartUp Challenge 2017 – Myanmar’s biggest-ever startup competition.
— Coconuts

Filling the gaps at Kyaukphyu
A strategic environmental assessment is needed to enable sustainable development and the fulfilment of human rights for the people of Kyaukphyu, the site of a planned SEZ and deep-sea port.
— Frontier Myanmar

Over 5,000 schools to be upgraded this year
The government has planned to upgrade 5,099 schools across Myanmar this academic year (2017-2018), said Deputy Minister for Education Win Maw Tun.
— Eleven Myanmar

Facebook ‘ban’ of anti-Muslim slur sparks Myanmar outcry
Myanmar netizens were in an uproar on Monday (May 29) after Facebook seemingly banned people from posting the word “kalar” – often used as a slur against Muslims – at a time of rising Islamophobia in the country.
— Channel NewsAsia

Myanmar peace talks end with no deal on federal plan
A peace conference to end decades of ethnic conflict in Myanmar concluded on Monday (May 29) without reaching a major agreement between the government and rebels, state-run TV reported, according to Turkey’s Anadolu Agency.
— Channel NewsAsia

FDA approves 7,000 cosmetic products
The Food and Drug Administration has registered more than 7,000 cosmetic products, with nearly 500 more items to be approved this year, according to officials responsible for pharmaceuticals and cosmetics at the FDA.
— Eleven Myanmar

Emerging Myanmar turns to embrace China
Myanmar was supposed to turn away from China and toward the West when the United States helped the Southeast Asian country make the transition to a civilian government after five decades of military rule.
— SF Gate

Can our neighbours help revive the economy?
Deputy Prime Minister Somkid Jatusripitak and his team made the right move last week in striking an agreement with Laos on a five-year joint-development master plan as strategic partners, but the arrangement’s tardiness will make it more difficult to implement.
— Eleven Myanmar

Dengue fever may reach epidemic levels in Yangon this year
The Myanmar Public Health Department has recorded nearly 2,000 cases of dengue fever throughout the country in the first quarter of 2017. More than half of these cases were recorded in Yangon Region, marking a steep rise for the region since last year.
— Coconuts

Feature photo EU/ECHO/Pierre Prakash
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Myanmar Morning News For May 30 added by Leakhena Khat on May 30, 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.