Myanmar Morning News For June 29

Myanmar among worst places for human trafficking, US report says
Myanmar has joined China, Syria and South Sudan as being among the countries doing least to tackle human trafficking, according to the US State Department’s latest annual Trafficking in Persons (TIP) report.
— CNN

Posco Daewoo inks $267mn deal for Myanmar gas exploration
Posco Daewoo Corp., the energy development unit of South Korean steelmaker Posco, has signed a 300 billion won ($267 million) contract with a U.S. consortium of oilfield service firms to embark on the second phase gas field development project in Myanmar.
— Pulse News

Myanmar rescue team join search for trapped young footballers
A Myanmar rescue team on Thursday joined the search for 12 missing Thai youth footballers and their coach, who are trapped inside Tham Luang Cave in Chiang Rai near the border between Myanmar and Mae Sai district, The Irrawaddy of Myanmar reported.
— Thai PBS

Myanmar races to feed a growing Yangon
Rapid urbanization in and around Myanmar’s southern city of Yangon has turned up the pressure to develop goods and services that can meet the rising demand.
— Nikkei Asian Review (metered paywall)

Chinese Fiber-Optic Firm Plans to List Myanmar, Cambodia Assets in U.S.
A Chinese fiber-optic network company is planning a U.S. listing of the assets it holds in Myanmar and Cambodia, which could give foreign investors rare exposure to the two Southeast Asian countries, people familiar with the matter said.
— The Wall Street Journal

UK criticised for refusing to extradite Briton to Myanmar
The UK has been accused of failing in its judicial obligations after refusing to extradite a Briton wanted in Myanmar on suspicion of murdering a friend and colleague in his Yangon apartment.
— The Guardian

Companies Law to Take Effect in Shadow of Rakhine Crisis, Civil War
Amid growing concern over the economic policies of the ruling National League for Democracy (NLD), a long awaited Companies Law will take effect on Aug. 1, bringing with it hopes of more foreign investment, greater transparency and improved regulation.
— The Irrawaddy

Army-linked telco Mytel uproots villagers’ plantations to lay fiber optic cables
A deep, brown gash cuts through an otherwise lush, green landscape, where dozens of now-dying rubber trees once stood.
— Coconuts Yangon

Government approves seven new express delivery providers
The government has officially granted permission to a total of seven new registered express delivery providers to carry out operations in the country.
— The Myanmar Times

Will an alleged war criminal become president of Myanmar?
Will Senior General Min Aung Hlaing be brought before the International Criminal Court (ICC) in The Hague on charges of crimes against humanity, or instead be popularly elected on a nationalistic wave as Myanmar’s next president?
— Asia Times

China, Myanmar agree to maintain border stability
China and Myanmar has agreed to maintain peace and security in their border area.
— Xinhua Net

Fresenius Medical Care opens office in Myanmar to better address healthcare needs of the country
Fresenius Medicare Care, the world’s largest provider of dialysis products and services, is pleased to announce the opening of its office in Yangon, Myanmar.
— Asia One

Fears for ‘stateless’ Myanmar workers in Thailand as deadline looms
Thousands of Muslim migrant workers from Myanmar risk being fined and deported from Thailand after June 30, under a new law that campaigners say may increase abuse and trafficking.
— ReliefWeb

Myanmar shouldn’t write off China without understanding her neighbour
An old Chinese proverb goes like this: “Three men make a tiger.” It means that if an unfounded premise is repeated many times, the premise will be accepted as the truth.
— The Myanmar Times

MIC to improve procedures for doing business in Myanmar
The Myanmar Investment Commission (MIC), under the stewardship of new chair U Thaung Tun and U Set Aung, who is deputy minister for planning and finance, will implement a slew of changes aimed at reducing red tape and facilitating ease of doing business in Myanmar, MIC secretary U Aung Naing Oo told the media on Monday.
— The Myanmar Times

Shwe Than Lwin Media, NHK form television JV in Myanmar
Japan and Myanmar this week announced plans to form Dream Vision C. (DVC), will be a joint venture between Shwe Than Lwin Media Co and NHK, Japan’s national public broadcasting organisation.
— The Myanmar Times

A Mega milestone
June 9 was a special day for Mega Lifesciences. The company’s distribution arm, Maxxcare Ltd, opened its state-of-the-art Yangon Distribution Center at a ceremony overseen by Yangon Region Chief Minister U Phyo Min Thein, government officials and company representatives.
— Frontier Myanmar

Myanmar BGP shoots Rohingya child on Bandarban border
Injured child, Ansar Ullah, 11, son of Jamir Uddin, has been undergoing treatment at Kutupalong Red Crescent Hospital in Cox’s Bazar, our local correspondent reports quoting Naikhyangchhari Upazila Nirbahi Officer (UNO) Sadia Afrin Kochi.
— The Daily Star

Myanmar ‘inflicts statelessness’ on Muslim migrant workers in Thailand
Myanmar’s systematic refusal to issue national ID cards to Muslims citizens is placing Muslim migrant workers in Thailand in the crosshairs of a new law that will require them to present an ID in order to secure a work permit.
— Coconuts Yangon

Fake news on contaminated milk damages dairy product reputations
The sale of milk saw a steady drop owing to fake news spreading on Facebook in recent months.
— The Global Newlight of Myanmar

Feature photo CCFoodTravel.com

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.

Myanmar Morning News For June 29 added by Leakhena Khat on June 29, 2018
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.