Myanmar Morning News For May 31

Myanmar Morning News For May 31
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Myanmar morning news

Teleco operators get 1800MHz spectrum, networks to go 4G
Local telecom operators can now to utilize the 1800MHz spectrum that has been allocated to them by the Posts and Telecommunications Department.
Myanmar Times 

City Mart, HAGL ink deal on Myanmar Plaza expansion
Vietnam’s Hoang Anh Gia Lai Group and Myanmar retail giant City Mart Holdings have inked an agreement to open a new Ocean Supercenter by 2019, as the second phase of the Myanmar Plaza development in Yankin gets underway.
Frontier Myanmar 

Journalist abducted, seriously injured in Myanmar
A reporter was abducted, dragged into a waiting vehicle, and then critically wounded in an auto accident on May 26, near the town of Loikaw, in Myanmar’s southeastern Kayah State, according to news reports. The Committee to Protect Journalists today called on security forces to identify the assailants and swiftly bring them to justice.

Myanmar coffee exports to stimulate agro sector
The government has placed emphasis on the diversification of crops which have wide international markets access, in addition to paddy, and it hopes to increase coffee production.
Myanmar Times 

FDA to ban cigarette-shaped sweets
Sweets shaped like cigarettes will be banned under Myanmar’s tobacco legislation, especially in school shops, the Food and Drug Administration (FDA) has announced.

The high road to warmer Myanmar-China ties
The five bilateral agreements signed between Myanmar and China recently are testimony to the warming economic and political bilateral ties between the two countries.
Myanmar Times 

Sales of apartments booming thanks to instalment payments
Instalment housing under K30 million are experiencing strong sales within the real estate market, according to U Yan Aung, general manager of Asia Construction.
Myanmar Times 

SIM to raise up to $60m for offshore supply base investment
Myanmar based SIM Co Ltd, which recently got an approval from the Myanmar Investment Commission (MIC) to operate an offshore supply base is looking to raise up to $60 million for this investment – through a mix of equity sale and debt funding.
Deal Street Asia 

Thailand, Myanmar planning to restart Dawei special economic zone development
In 2008, Thailand and Myanmar signed a deal to develop Myanmar’s Tanintharyi region. A highway would link Dawei to Bangkok and other industrial areas in central and eastern Thailand while the deep-sea port would give new maritime access to India, the Middle East, Europe and Africa. But the project’s complexities and local resistance has stalled work time and again.
Channel NewsAsia

Faster, easier loans for Mandalay SMEs
The Mandalay business community can expect to get faster loan approvals after the government’s regional sub-committee for private sector development discussed the matter.
Myanmar Times 

Eviction looms again for industrial zone squatters
Nearly 3,000 people living in a military-owned industrial zone on the outskirts of Yangon are facing eviction after defying a third order to leave the site.
Frontier Myanmar

Employers urged to give jobs to the blind
The visually impaired in Myanmar are finding it difficult to gain employment, according to the Myanmar Federation of Persons with Disabilities (MFPD).
Myanmar Times 

Taninthayi govt sends hornbills to Chin State to prevent local extinction
Taninthayi Region Chief Minister Dr. Le Le Maw has sent three hornbills to Chin State to help prevent the extinction of Chin State’s population.

Two Myanmar migrant activists detained by Thai police
An AAC member, Ko Ye Min told The Myanmar Times Monday that they were after the AAC leaders but could not get at them so they arrested their volunteers instead while they were at the Thai labour rights protection department office.
Myanmar Times 


Feature photo EU/ECHO/Pierre Prakash
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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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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.

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