Myanmar Morning News For October 19

Myanmar Morning News For October 19
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Myanmar morning newsRohingya crisis: Tillerson says US holds Myanmar military responsible for violent crackdown
US Secretary of State Rex Tillerson says the United States holds Myanmar’s military leadership responsible for its harsh crackdown on the Rohingya Muslim minority.
— ABC/ Reuters

EU to review defence cooperation with Myanmar
The European Union will review all practical defence cooperation with the Myanmar army and suspend invitations to senior Myanmar military officers if the situation in Rakhine state does not improve, The Irrawaddy News Online reported on Tuesday(Oct 18).
— Thai PBS

K2.5 trillion supplementary Budget submitted to Hluttaw
The Union government has submitted a K2.5 trillion Budget proposal to the Pyidaungsu Hluttaw to be expended during the remaining months of the 2017-18 fiscal year.
— Myanmar Times

Fresh Chinese Bid for $7.2 Billion Myanmar Port
A consortium led by Chinese financial group CITIC has proposed to buy a 70% stake in the proposed $7.2 billion deep sea Kyauk Pyu port, according to Deal Street Asia.
— Port Technology

AIRBM Master Plan to be completed by 2020
The final draft for the Ayeyawaddy Integrated River Basin Management (AIRBM) project, one of the major projects under a research and development program by the National Water Resources Committee led by vice-president U Henry Van Thio, has been received. A Master Plan is expected to be released in early 2020, said Dr Khin Ni Ni Thein, a director of the AIRBM project.
— Myanmar Times

China’s TCM brings greater involvement with Myanmar
A three-month Sino-Myanmar traditional medicine training program backed by Southwest China’s Yunnan Province opened on Monday, in response to the Belt and Road initiative and to increase cooperation between the two countries.
— Mizzima

Sharky’s Launches Myanmar Menu in Bagan Branch!
Sharky’s have announced that they are to begin serving a brand new Myanmar Breakfast Menu. You can now get a fresh, organic, Sharky’s Mohinga! For just 2,000 ks!
— Myanmore

U.N. says still determining if Myanmar crisis is genocide
The United Nations has yet to determine whether violence against Rohingya Muslims in Myanmar meets the legal definition of genocide, Jyoti Sanghera, Asia Pacific chief at the Office of the High Commissioner for Human Rights said on Wednesday.

Myanmar has failed to protect Rohingya from atrocities: UN
Myanmar’s government has failed to meet its international obligations and protect Rohingya Muslims from the atrocities taking place in Rakhine state, two UN special advisers said Wednesday.
— The Nation

Lawmakers urge US to craft targeted sanctions on Myanmar military
More than 40 lawmakers urged President Donald Trump’s administration on Wednesday to reimpose U.S. travel bans on Myanmar’s military leaders and prepare targeted sanctions against those responsible for a crackdown on the country’s Rohingya Muslim minority.

MPT has Myanmar’s fastest mobile speeds
Myanmar’s MPT has the fastest internet speeds among the nation’s major mobile operators, according to a new report from Ookla’s Speedtest service.
— Telecomasia

Woodside denies change to Myanmar drilling plans
Australia’s Woodside Petroleum has reportedly cancelled a tender for seismic surveying offshore Myanmar after a disappointing end to this year’s exploration and appraisal drilling campaign.
— Upstream

Myanmar Government to Improve Liquidity in the Construction Sector
The Ministry of Planning and Finance has announced to improve the access to capital in the construction sector. At present, Myanmar commercial banks have not funded the winners of government tenders for construction projects. At a recent board meeting, the Construction and Housing Development Bank (CHDB) announced plans to provide unsecured loans to the winning bidders of government projects of up to 50% of the project costs.
— Lexology

Rural progress key to cutting migration
Throughout history, one of the most effective strategies for people to look for a better future has been to move, in most cases leaving impoverished rural areas in search of more productive opportunities elsewhere.
— Myanmar Times

Nursery education plan reaches Pyithu Hluttaw for debate
A proposal urging the government to set strategic plans for nursery education and investment in early child care and development service has been submitted to Pyithu Hluttaw, which will discuss on the issue.
— Myanmar Times

Natural resort to be built at Wa Ale Island
Myanmar is planning to build a US$10 million natural resort at Wa Ale Island, which is next to Lampi Island Marine National Park, sources said.
— Eleven

Mandalay traders to quit pagodas
Traders had been told not to conduct businesses in monastery compounds in Mandalay Region and the government will arrange an alternative place where they can do their businesses.
— Myanmar Times

Myanmar Authorities Begin Probe of Illegal Weapons, Drugs Case
Myanmar authorities have begun an investigation following the arrest of one of the country’s top business executives who was caught carrying unlicensed firearms and a small amount of illegal drugs as he prepared to board a plane at Naypyidaw’s international airport earlier this week.
— Radio Free Asia

Feature photo Christian Keller
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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