Myanmar Morning News For May 8

32 foreign investment proposals under scrutiny
The Myanmar Investment Commission (MIC) says it is scrutinising 32 foreign investment proposals worth US$1.5 billion and 20 domestic proposals worth Ks492 billion.
— Eleven

Five electro-diesel locomotives arrives
Five electro-diesel locomotives with 2000 HP purchased from China arrived at Thilawa Port on 1st May and are unloaded from ship on 6th May.
— Global New Light Of Myanmar

Myanmar ride-hailing firm aims to reach 10,000 drivers by 2017
Kyaw Min Swe, senior director and head of Oway Ride, at an exclusive interview(Photo-Khine Kyaw,Myanmar Eleven)
The mission and vision of Oway Ride, Myanmar’s first ride-hailing application, will not be overwhelmed by the entry of foreign players like Uber and Grab, as the local firm aims to cooperate with nearly 10,000 taxi drivers by the end of this year.
— Eleven

Myanmar’s Shwedagon Pagoda attracts over 40,000 foreign visitors
More than 40,000 foreign tourists visited Myanmar’s famous Shwedagon Pagoda in Yangon in April, the first month of the 2017-18 fiscal year (FY), said the Pagoda’s Board of Trustees on Sunday.
— Gulf News

1998 cultural heritage law to be amended before Bagan added to World Heritage list
The government has a plan to amend the 1998 Protection and Preservation of Cultural Heritage Regions Law as it no longer suited current situations, said Union Minister for Religious Affairs and Culture Thura U Aung Ko.
— Global New Light Of Myanmar

Liberia/Myanmar establish diplomatic relations
The Governments of Liberia and the Union of Myanmar have established diplomatic relations between the two countries. A dispatch from Beijing, People’s Republic of China (PRC) says, Mr. Dudley McKinley Thomas, Liberia’s Ambassador Extraordinary and Plenipotentiary to the People’s Republic of China and Mr. Thit Linn Ohn, Ambassador Extraordinary and Plenipotentiary of the Republic of the Union of Myanmar to the People’s Republic of China signed the Joint Communiqué on behalf of their respective Governments at an impressive ceremony held at the Embassy of the Union of Myanmar in downtown Beijing.
— The New Dawn Liberia

Myanmar, France chambers of commerce sign pact for stronger economic ties
Though investment by French firms in Myanmar has accounted for less than 1 per cent of the total forฌeign direct investment, the figures are likely to surge over the next few years as the Union of Myanmar Federation of Chamber of Commerce and Industry on Friday signed a memorandum of understanding (MOU) with CCI French Myanmar.
— The Nation

KIA quits rebel coalition: report
It is rumoured that the Kachin Independence Army (KIA) has sent a letter telling the United Nationalities Federation Council (UNFC), which is in peace talks with the government, that it is leaving the bloc.
— Eleven

12,000 stimulant tablets seized in Maungtaw
Police seized 12,000 stimulant tablets found in Shwezarmyauk village in Maungtaw township, Rakhine State.
— Global New Light Of Myanmar

A reckoning looms on human rights
The arguments being advanced against the UN fact-finding mission to Myanmar lack weight and credibility.
— Frontier Myanmar

Feature photo Gero Birkenmaier

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Myanmar Morning News For May 8 added by Stella-maris Ewudolu on May 8, 2017
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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.