Myanmar grants endorsement to 12 investment projects for Yangon region
The Yangon Region Investment Committee granted endorsement to 12 investment projects from both home and abroad for the region, according to the Directorate of Investment and Company Administration (DICA) on Tuesday.
— Xinhua
Yangon to get Skytrain by 2027
Myanmar’s Yangon regional government is planning to implement a sky train project in Yangon, Xinhua reported.
— Mizzima
CMP garment sector sees a three-fold increase in export earnings
Till May 10 of 2018-2019 Fiscal year, the total export earnings from the CMP garment sector hit over 2.56 billion US dollars. The export earnings has increased threefold, according to the Ministry of Commerce.
— Eleven Myanmar
PTTEP, GPSC banking on Myanmar gas plant
SET-listed oil and gas drilling firm PTT Exploration and Production Plc (PTTEP) has finalised a plan for a new gas-fired power plant in Myanmar with a capacity of 600 megawatts in collaboration with Global.
— Bangkok post
Investors asked to fund Yangon Project Bank
The Yangon Region government yesterday invited investments in projects included in the Yangon Project Bank, a pool of 80 priority projects located in the region.
— Myanmar Times
Home Affairs Ministry plans to implement the parole system
Ministry of Home Affairs is planning to start implementing the parole system being exercised in other countries as the number of inmates received by the jails and prisons is 16 per cent higher than that they can house, said Major General Aung Thu, Deputy Minister for Home Affairs, yesterday.
— Eleven Myanmar
Myanmar manufacturing PMI records highest in over a year
Myanmar’s manufacturing sector registered solid improvement in growth during May with quicker expansions in output and new orders, as well as strong client demand.
— Nikkei Asian Review
China-Myanmar joint field expedition does researches on biodiversity of Tamanthi Wildlife Sanctuary in Myanmar
A researcher checks dried plant samples in the Tamanthi Wildlife Sanctuary in north Myanmar, May 27, 2019. A China-Myanmar joint field expedition, made up with researchers from the Southeast Asia Biodiversity Research Institute of the Chinese Academy of Sciences (CAS-SEABRI) and the Natural Resources and Environmental Conservation of Myanmar, is doing researches on the biodiversity of the Tamanthi Wildlife Sanctuary in northern Myanmar.
— Xinhua
Shan tops the list of human trafficking cases in late May
There were 26 reported human trafficking cases in late May. The number of human trafficking cases has increased by 11, compared with April, according to the Anti-Human Trafficking Police.
— Eleven Myanmar
Yoma well placed to tap into Myanmar’s potential economic growth, says DBS
DBS Group Research believes Yoma Strategic Holdings is well placed to tap into Myanmar’s potential economic turnaround, with its diversified portfolio in the property, consumer and automotive sectors.
— The Edge Singapore
Myanmar Army carrying out operations against Indian terror groups on its soil: Eastern Army Commander
Myanmar Army is continuing its operations on its soil against the Indian insurgent groups active in the North-Eastern states, Eastern Army Commander Lt Gen MM Naravane said in Kolkata on Monday. “As we speak, Myanmar Army’s operations are on.
— Zee News
Over 100 organizations call for an end to war immediately
Over 100 political and social organizations yesterday released a joint statement after a political talk titled “ Arakan State’s affairs is the matter of the Union of Myanmar” held in Yangon, demanding the Tatmadaw to stop waging war across Myanmar including Arakan State.
— BNI Online
Atrocities on Rohingyas: OIC for suing Myanmar at ICJ
The Organisation of Islamic Conference has called for launching the case of Myanmar’s human rights violations against the Rohingyas at the International Court of Justice.
— The Jakarta post
Myanmar about to host its first real-estate awards
The Myanmar National Real Estate Awards will be held for the first time on October 4 at the Novotel Max in Yangon. Awards will be offered to local and foreign businesspeople working in the real estate sector who have made important contributions to Myanmar’s economy.
— Myanmar Times
Loans for landowners
KBZ Bank, the Myanmar Art Construction & Development Company and iMyanmarHouse.com are now offering loans for new property constructions in Myanmar. The loans will be available for those who own land, but need more capital to construct a house or a building for commercial purposes.
— Myanmar Times
Pilot project for workplace injury insurance launched
The Social Welfare Board is conducting a workplace injury insurance pilot scheme in Hlaing Tharyar township, Yangon and Pyigyitagun township, Mandalay.
— Myanmar Times
Corporate governance and business entities in Myanmar
By Aung Naing Oo in 2013 Organization of Economic Cooperation and Development (OECD) took more than a year to study Myanmar’s policies on investment. It included Corporate Governance in all the studies and reviews conducted in each sectors.
— The Global New Light of Myanmar
No Evidence of Any ARSA Links to ISIS: Terrorism Expert
Security analyst and scholar of Southeast Asian terrorism Sidney Jones speaks about regional security in Southeast Asia after the collapse of ISIS in the Middle East.
— Irrawaddy
NSCN-K will not sign NCA – Official
The National Socialist Council of Nagaland-Khaplang (NSCN-K) is firm on not signing the Nationwide Ceasefire Agreement (NCA) with the Myanmar Army (Tatmadaw) in spite of ‘repeated aggression’ by Naypidaw, News18 reported.
— Mizzima
Mandalay Govt Asks Local Buddhist Authority to Keep Monks Away from Rallies
Warning comes amid Union govt’s bid to prosecute nationalist monk U Wirathu for sedition.
— Irrawaddy
Successful cultivation of agarwood attracts foreign travellers’ attention
The interest of foreign travellers in value-added agarwood is more than that of the past since it can be successfully cultivated and produced in Myanmar and agarwood purchase is on the increase. Agarwood, aloeswood or gharuwood is a fragrant dark resinous wood used in incense, perfume,
— The Global New Light of Myanmar
Czech PM Backs Investment in Myanmar as State Counselor Visits Prague
Raises possibility of visit by Czech business delegation, welcomes new Myanmar Embassy in Prague.
— Irrawaddy
UEC Chairman U Hla Thein receives EU Ambassador
Chairman of the Union Election Commission, U Hla Thein received the EU Ambassador to Myanmar Mr. Kristian Schmidt and delegation at the Union Election Commission Office at 3:30 p.m. yesterday.
— The Global New Light of Myanmar
Senior Myanmar Army Officer Death Toll Mount in N. Rakhine
AA, newspaper and Facebook condolences suggest at least five high-ranking Tatmadaw officials have died in fighting in northern Rakhine State in the last two weeks.
— Irrawaddy
EAOs Should Separate Their Strategies on Ceasefires and Political Dialogue
To rebuild trust, it is time to rethink the way blanket noncooperation has been employed.
— Irrawaddy
State Counsellor delivers lecture at Charles University in Prague, Czech Republic
State Counsellor Daw Aung San Suu Kyi who was in Prague, the Czech Republic went to Charles University in the afternoon of 3 June and was welcomed by Rector Dr. Tomas Zima and officials. She was then shown around and explained about Charles University by the Rector.
— The Global New Light of Myanmar
Foreigners who had cannabis farm face another charge
Two foreigners who have been charged with growing cannabis at Myotha Industrial Zone in Ngazun township of Mandalay Region will also be charged with violating the Seed Law, the police said on Sunday.
— Myanmar Times
Seven IEDs planted by AA explode in Myebon
Seven improvised explosive devices-IEDs- planted by the AA group exploded on the Yangon-Sittway Road in Myebon, Rakhine State yesterday, causing damage to a bridge and the road. Two landmines reportedly planted by AA near Kyarchantaung Bridge at mile post 69/4, and between mile posts 62/3 and 62/4.
— The Global New Light of Myanmar
Farmed fish prices rise on lower production, higher feed costs
The inability to meet domestic demand for fish and a curb by fish farms on breeding has caused the price of farmed fish to rise, says Myanmar Fisheries Federation General Secretary U Win Kyaing.
— Myanmar Times
UEC Chairman receives Director of Programmes of Democracy Reporting International
Chairman of the Union Election Commission, U Hla Thein received Director of Programmes of Democracy Reporting International, Ms. Nicola Schmidt and delegation at the Union Election Commission Office at 10 a.m. yesterday.
— The Global New Light of Myanmar
Ayeyerwady Region government receives all 4 billion kyats owed to them
Ayeyarwady Region government Chief Minister Hla Moe Aung said that on May 31 Ayeyarwady Health and Education All Round Development Foundation had paid back the last installment of 1.02 billion kyats that they owed the region government.
— Mizzima
Union Minister Dr. Win Myat Aye holds talks with UNICEF representative to Myanmar
Union Minister for Social Welfare, Relief and Resettlement Dr. Win Myat Aye received Ms. June Kunugi, UNICEF Representative to Myanmar in the May Kha Lar Hall of the office of the Ministry yesterday morning. During the meeting, they discussed matters relating to emergence of State-level schemes for.
— The Global New Light of Myanmar
Labour attaché faces allegations of abuse of power
The labour attaché assigned to handle matters related to Myanmar migrant workers in Thailand has been accused by employment agencies of abuse of power, a spokesperson for the Amyotha Hluttaw (the Upper House) Local and Foreign Labour Affairs Committee told The Myanmar Times.
— Myanmar Times
Pyidaungsu Hluttaw discusses EURO 29.96 mln from Netherlands, US$ 100 mln loan from IDA
At the 13th day meeting of the Second Pyidaungsu Hluttaw’s 12th regular session held at Pyidaungsu Hluttaw meeting hall yesterday morning where EURO 29.96 million and US$ 100 million loans were discussed among others.
— The Global New Light of Myanmar
More arrested for illegal entry into Myanmar this year
Arrests of Rakhine Muslims for illegal entry into the country have risen this year, according to U Thein Swe, minister of Labour, Immigration and Population.
— Myanmar Times
Feature photo Visi Muslim
This week’s Myanmar Morning News feature photo acknowledges Eid al-Fitr, June 4-5.
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.
She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018
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