Myanmar Morning News For November 16

Myanmar Morning News For November 16
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Myanmar morning newsTillerson Pledges $47M for Myanmar Refugees
Secretary of State Rex Tillerson announced on Wednesday that the US is committing a further $47 million dollars in humanitarian aid for refugees from Myanmar.
Iosco Country News Herald (video)

Chevron says it will push for Myanmar human rights
US oil giant Chevron has responded to criticisms over its partnership with a government accused by the United Nations of ethnic cleansing.

Broad-economic sanctions against Myanmar would not be advisable at this time: US Secretary of State
In a joint press release in Nay Pyi Taw on November 15, US Secretary of State Rex Tillerson said broad-economic sanctions would not help Myanmar in solving the Bengali issue at this time.
— Eleven Myanmar

‘Mounting evidence’ of Myanmar genocide: watchdogs
Myanmar security forces slit the throats of Muslim Rohingya and burned victims alive, watchdogs said in a report on Wednesday that cited mounting evidence of genocide against the minority group.
— The Nation

Tillerson Defers New Myanmar Sanctions Despite ‘Horrific’ Scenes
The U.S. doesn’t believe broad-based economic sanctions against Myanmar would help resolve a crisis that has seen more than 600,000 minority Muslim Rohingya refugees flee to neighboring Bangladesh since August.
— Bloomberg Politics

As Rohingya refugees continue to flee violence from the Myanmar security forces and face starvation in Rakhine State, Secretary Tillerson was right to grant additional humanitarian aid and to call for a credible independent probe into human rights abuses against the Rohingya.
— Amnestry International

NLD to focus on peace and Rakhine issues
The ruling National League for Democracy (NLD) party will prioritise two key issues – the peace process and the Rakhine problem – until its term expires in 2020, a senior party official said.
— Myanmar Times

EU’s Mogherini to visit Myanmar, Bangladesh
EU foreign policy chief Federica Mogherini will pay a two-day visit to Myanmar on Nov. 20 after a trip to Bangladesh on Nov. 19.
— Anadolu Angency

Myanmar gov’t to shut down illegal wildlife trade markets in Golden Triangle region by 2020
Myanmar government has planned to shut down at least 20 illegal wildlife trade markets in Golden Triangle border region by 2020 with the help of the Wildlife conservation groups, official Global New Light of Myanmar reported Wednesday.
— Xinua Net

Hpakant’s big jade stone valued at more than K10 billion
The massive jade stone unearthed in Hpakant will be worth more than K10 billion when it is cut up, as it weighs over 300 tonnes, according to MP Tint Soe of Hpakant.
— Eleven Myanmar

Commerce Ministry helps to open border trade camp
The Ministry of Commerce is cooperating in the opening of Melset border trade camp in Kayah State on the Myanmar-Thai border.
— Eleven Myanmar

Myanmar-Japan trade represents over 7pc in last FY
Trade between Myanmar and Japan reached nearly US$2.032 billion last fiscal year, accounting for 7.04 per cent of the total trade value, according to the trade figures released by the Central Statistical Organization.
— Eleven Myanmar

Interbank cash transfers available with single ATM card next year
Money transfer services will be available through a single ATM card from next year onwards, U Mya Than, non-executive director and former chair of Myanmar Payment Union (MPU), told The Myanmar Times.
— Myanmar Times

Myanmar rubber exports set to rise even as global prices take a beating
The price of rubber has fallen below its cost of production in major exporting countries. Yet, international demand for rubber produced in Myanmar has risen and insiders reckon things could remain upbeat for a while more.
— Myanmar Times

Myanmar auctions treasury bonds and bills for funds to cover deficit
The Central Bank of Myanmar (CBM) has begun selling government treasury bonds and bills on a competitive price basis. The move comes just two weeks after it extended loans to the government to fund the fiscal deficit.
— Myanmar Times

Myanmar raises A$7m for Bawdwin
Base metals explorer Myanmar Metals will raise A$7-million through a share placement to help fund work at its Bawdwin zinc/lead/silver/copper project, in Myanmar.
— Mining Weekly

Challenges Impede Development of Myanmar’s Public Health
Myanmar’s de facto leader and State Counselor Daw Aung San Suu Kyi has repeatedly singled out the minister for health and sports as one of the few Cabinet members whose performance she has been consistently satisfied with since taking office nearly two years ago. Despite this praise, however, after decades of institutional neglect of public services by the military junta, the public health sector still regularly faces criticism for being understaffed and providing substandard care.
— The Irrawaddy

Experts call for urgent action to protect Myanmar bears
Bears are being hunted with impunity for their gall bladder and bile in eastern Shan State, where the rule of law remains weak, conservationists said, calling for immediate protection of the species.
— Myanmar Times


Feature photo Thierry Leclerc
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.


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