Myanmar morning news for August 30

Economy increasingly disappointing as govt approaches half-term
The government, halfway through its five-year term, is underperforming on several fronts, including the economy, according to a report from a Brussels-based think-tank.
— Myanmar Times

Olympics next esports target
Esports is debuting as an exhibition sport at the Asian Games and is targeted for full inclusion in four years at the games in Hangzhou, China.
— Myanmar Times

Parami builds mini-grids for Yesagyo community
Privately-owned Parami Energy has inked a tripartite agreement with the agriculture ministry’s Department of Rural Development and the Village Electrification Committee (VEC) to develop a mini-grid system for almost 1,500 households across eight villages in Yesagyo township in Magway Region.
— Myanmar Times

Dam breach floods communities in central Myanmar
Water from a breached dam flooded communities in central Myanmar on Wednesday and blocked part of a highway linking the main cities of Yangon, Mandalay and the capital Nay Pyi Taw, fire officials said.
— Bangkok Post

New SMRT-NTU lab out to improve rail reliability, safety
Rail operator SMRT and Nanyang Technology University (NTU) are teaming up to develop and trial multiple innovations aimed at improving rail reliability and safety.
— YahooNews

New Rakhine panel starts work
An independent commission established to investigate alleged human rights abuses in northern Rakhine State starts work today, amid an international call for the prosecution of senior Tatmadaw (military) officials over alleged genocide and crimes against humanity in the state.
— Myanmar Times

Foreign insurers will be allowed to operate locally by 2018-19: IBRB
The Insurance Business Regulatory Board (IBRB) will allow foreign insurance companies to do business in the country in the new 2018-19 fiscal year, which will commence October 1, U Zaw Naing, the board’s secretary, said on August 28.
— Myanmar Times

A dam spillway in central Myanmar collapsed early August 29
Residents negotiate a flooded road after rampaging waters from Swar Chaung dam spillway submerged villages in Bago region, central Myanmar on August 29, 2018.
— ThaiPBS

Businesspeople Urge State Counselor to Reduce Tax And Loan Interest Rates
Leading businesspeople urged State Counselor Daw Aung San Suu Kyi to reduce tax and bank loan interest rates during a meeting in the administrative capital Naypyitaw on Tuesday.
— The Irrawaddy

Myanmar rejects UN report on genocide against Rohingya
The government of Myanmar this morning rejected the findings of a UN investigation accusing its armed forces of genocide against the Rohingya.
— ThaiPBS

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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.

Myanmar morning news for August 30 added by Maria Mirasol Rasonable on August 30, 2018
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Maria Mirasol Rasonable

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Maria Mirasol Rasonable graduated with a Bachelors Degree in journalism from Polytechnic University of the Philippines, Santa Mesa, Manila, Philippines.

She previously covered police rounds for Philippine Daily Inquirer as a trainee before becoming editorial staff at Gospel Komiks under the Communication Foundation for Asia (CFA-MG), Santa Mesa, Manila where she wrote lifestyle and trending fashion and styles articles.