Myanmar morning news for July 24

Reuters reporter says Myanmar police planted ‘secret’ papers
A jailed Reuters reporter told a court in Myanmar on Monday that documents he is accused of breaking state secrets laws to obtain were planted by a police officer, who handed him papers he had not sought in order to entrap him. The officer had then lied to the court about what happened, he said.
— Reuters

Myanmar in disarray
The friends of Aung San Suu Kyi continue to desert her and to criticise her government’s policies.
— Bangkok Post

Property cycle at trough, turning point in sight, agents say
Property prices in Mandalay have dropped between 10 to 30 percent over the past five years, with steeper falls seen in less populated residential estates, local real estate agents told The Myanmar Times.
— Myanmar Times

PTTEP eyes Myanmar project
SET-listed PTT Exploration and Production Plc (PTTEP) is proposing that Myanmar’s energy policymakers develop and operate a large gas-fired power plant to tap surging demand for energy there.
— Bangkok Post

Yangon elephant sculpture sets Guinness World Record
A papier-mâché elephant sculpture commissioned by local wildlife conservation groups to raise awareness for Myanmar’s shrinking wild elephant population has been recognized by the Guinness World Records as the largest supported papier-mâché sculpture in the world.
— Coconuts Yangon

Ethnic businesses urged to achieve peace through economic development
The objectives of the MEEA are to ensure sustainability of growth among ethnic entrepreneurs across the nation and help them promote their businesses through connecting with other ethnic businesses as well as local and foreign investors.
— Myanmar Times

Lawyer for U Ko Ni’s family accuses defence of delaying verdict
Eighteen months after the murder of prominent lawyer U Ko Ni and after 62 pre-trial hearings, a lawyer representing the family of the victim has accused the defence of deliberately delaying proceedings.
— Frontier Myanmar

MRTI Organizes Second Round of Myanmar Responsible Tourism Awards
The non-profit organization the Myanmar Responsible Tourism Institute (MRTI) has organized the second edition of the Myanmar Responsible Tourism Awards (MRTA), aiming to raise awareness of the tourism industry’s potential to generate meaningful social, economic, and environmental benefits.
— The Irrawaddy

Baby snake fossil in Kachin amber sheds light on snake evolution
Estimated to have lived 99 million years ago, the snake, given the name Xiaophis myanmarensis, predated Tyrannosaurus rex on earth. According to the study, published in the journal Science Advances, the amber fragment contains plants and insects, in addition to the baby snake, proving that the snake lived in a forested environment.
— Coconuts Yangon

Hein Line villagers worried by plan to save environment in Tanintharyi
The main street in Hein Line village was deserted as the villagers gathered at a house to discuss a project that aims to protect key biodiversity areas in southern Myanmar’s Tanintharyi Region, namely Ridge to Reef: Integrated Protected Area Land and Seascape Management in Tanintharyi.
— Myanmar Times

Premium Distribution acquires majority stake in organic vegetable producer
Leading food and beverage wholesaler Premium Distribution has acquired organic salad brand Uni Vege under a new joint venture with financial advisory Trust Venture Partners.
— Frontier Myanmar

New, Improved Deal on China-Backed Kyaukphyu SEZ Due Soon: Deputy Minister
Since the 2015 elections that swept the National League for Democracy (NLD) to power, the government has been negotiating with the China International Trust and Investment Corporation (CITIC) to raise Myanmar’s stake in the Kyaukphyu SEZ in Rakhine State.
— The Irrawaddy

Key member resigns from Myanmar advisory panel on Rakhine
A key member of an international advisory panel on Rakhine State has resigned, telling AFP on Saturday that the Daw Aung San Suu Kyi-appointed board risks becoming “part of the problem” in a conflict that forced some 700,000 people, mostly Rohingya Muslims, to flee.
— Frontier Myanmar

Unable to break protectionist curse, FMI bites the dust
“Operating in Myanmar’s aviation sector has become increasingly challenging and after much deliberation, we have decided to temporarily suspend the operations of FMI Air,” FMI chair Serge Pun said in a press statement released last Friday. The suspension has led to the redundancy of 134 jobs.
— Myanmar Times

Statue of Gen Aung San Defaced, Damaged in Myitkyina
An as yet unidentified person or people splashed green paint over the face of the statue of Myanmar’s national independence hero and also damaged the left and right sides of the pedestal.
— The Irrawaddy

Experts urge accreditation plan for private schools
To strengthen Myanmar’s private schools, an accreditation system is needed that recognises different kinds of private schools, education experts said at a seminar that discussed a draft law on private education on Saturday.
— Myanmar Times

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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 July 24 added by Maria Mirasol Rasonable on July 24, 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.