Myanmar Morning News For April 6

Myanmar Morning News For April 6

Myanmar morning news

Suu Kyi denies ethnic cleansing of Myanmar minority
Aung San Suu Kyi has denied the ethnic cleansing of Myanmar’s Muslim minority, speaking to the BBC after the UN rights council agreed to investigate allegations against the army.
— Channel NewsAsia

Myanmar spends over $600 Million in overseas medical expenses
Every year, Myanmar spends over US$600 million on medical expenses overseas, according to Yangon region chief minister Phyo Min Thein on March 2.
— Eleven

Ballot paper for the blind
Myanmar may be struggling to organize systematic elections but the country has certainly done well when it comes to providing a method for the blind to vote.
— Myanmar Times

K722 million to fund two state-owned electric power firms
ccording to the 2017 Union Budget Law, K722 million has been allocated for Yangon and Mandalay electricity corporations – K529 million will go to the Yangon Electricity Supply Corporation (YESC) and Mandalay Electricity Supply Corporation (MESC) will receive the rest, K243 million. Both are state-owned organisations under the Ministry of Electricity and Energy.
— Myanmar Times

Vietnamese joint venture to offer microfinancing in Myanmar
Vietnam’s Dragon Capital Group and Myanmar’s Ruby Hill Financial on Wednesday signed a deal to set up a joint venture that will provide loan products and services to the burgeoning workforce driving Myanmar’s rapid economic development.
— Nikkei Asian Review

CBM issues loan information dept rules
The Central Bank of Myanmar has released the rules for loan reporting which will enable domestic industries and small- and medium-sized enterprises to get bank loans.
— Eleven

AYA Bank Offers 15-Year Mortgages for High-End Condo Projects
Property developer Shwe Taung Real Estate has signed an agreement with AYA Bank to provide mortgag­es for two high-end condo projects in Yangon.
— Consult-Myanmar

Myanmar business sector disappointed with pace of reform
When the National League for Democracy took power in Myanmar last year it inherited one of the world’s fastest growing economies, but one still tangled in an arcane web of rules and regulations and in desperate need of modernization.
— Nikkei Asian Review

Yangon Government to Privatise Running of Golf Driving Ranges, Toll Booths
Yangon’s munici­pal authorities are planning to invite bids from companies to run 43 state-owned enter­prises in the hope of mak­ing them more efficient, government media has reported.
— Consult-Myanmar

Dai-ichi Life Insurance opens Myanmar office
Dai-ichi Life Insurance has opened a representative office in Myanmar, as it looks to increase its foothold in the rapidly developing Southeast Asian insurance market.
— Nikkei Asian Review

Myanmar Military Razes Ancient Mosque in Buthidaung
A 200-year old historical mosque in Buthidaung Township was bulldozed by the Myanmar military on April 3, 2017.
— Rohingya Vision

We want youths to have a good time in simplest way during Myanmar traditional Thingyan Festival
Myanmar traditional Thingyan festival, one of the Myanmar 12-season festivals is coming soon, so Myanmar Police Force is performing tasks of reducing crimes, anti-drug suppression for the people to merrily participate during the festival and arrangements for people to safely travel in Thingyan period.
— Global New Light Of Myanmar

Wind power plants proposed
The Ministry of Electricity and Energy says it has proposed wind power plant projects in Chin, Rakhine and Ayeyawady.
— Eleven

Rakhine committee discusses recommendations
A committee chaired by State Counsellor Daw Aung San Suu Kyi yesterday discussed plans recommended by the commission headed by former UN head Dr. Kofi Annan.
— Global New Light Of Myanmar

Dried fish business could be suspended
Although dried fish sell well starting in April, dried fish businessmen are faced with the problem of scarcity of dried fish supply, thereby having a need to suspend their business, according to sellers.
— Global New Light Of Myanmar

Govt increasing research to help children with autism
The minister for social welfare, relief and resettlement says his ministry is carrying out research to help children with autism.
— Eleven

Installation of new lamp posts aim to reduce crime in Mandalay City
SINCE early April, a project to install new lamp posts around the famous Mandalay moat has been implemented by Mandalay City Development Committee, one of its members said.
— Global New Light Of Myanmar

On Mine Awareness Day, Myanmar govt allocates $6m for landmine clearance
The Myanmar government announced yesterday that it will spend US$6 million on the eradication of landmines and unexploded ordnance in Shan State, Kachin State, Kayin State, and Taninthayi Region.
— Coconuts Yangon

A group of divers is saving Myanmar’s marine wildlife from deadly ghost nets
On April 10, 2016, diving enthusiast Thanda Ko Gyi set off for her third visit to The Nursery – a dive site off the coast of Kawthaung, near an obscure islet called Sloop Rock in the Myeik Archipelago. She was excited.
— Coconuts Yangon


Feature photo Markus Kostner / World Bank
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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.




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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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