Myanmar Morning News For August 1

Myanmar Morning News For August 1

Myanmar morning newsIFC hands control of public-private dialogue body to UFMCCI
The International Finance Corporation has handed over to the Union of Myanmar Federation of Chambers of Commerce and Industry the secretariat of a body formed to promote public-private dialogue, the IFC said in a statement last week.
— Frontier Myanmar

Timber industry faces challenges in the voluntary partnership agreement process in forest governance
The lack of transparency and accountability together with the issues of corruption, an overwhelming wood demand and land rights are still posing challenges for the timber industry’s Voluntary Partnership Agreement in forest governance, said U Kyaw Zwar, director of the Forest Department. He made the remarks during a workshop on July 25.
— Myanmar Times

Can the central bank’s new guard save businesses in Myanmar?
The Central Bank of Myanmar will soon welcome three new deputy governors and five board members to its rank after the incumbents complete their tenures.
— Myanmar Times

Govt to take tough line on illegal trade in ducks, chickens and their products after recurrence of H5N1
The Livestock and Veterinary Department has warned that dealers and seafood restaurants are not to import, store, or distribute illegal ducks and chickens or their products.
— Eleven Myanmar

Over 100 unlicensed drugstores face lawsuit
More than 100 pharmacies were found across Myanmar selling medicines without a licence and are now facing closedown and lawsuits, said Dr Than Htut, director general of the Department of Food and Drug Administration (FDA).
— Eleven Myanmar

US Firms Lobby for Removal of Myanmar Trade Restrictions
American businesses based in Myanmar are urging their government to remove sections 311 and 312 of the USA Patriot Act which prohibit US banks from trading in Myanmar.
— The Irrawaddy

Grab launches operations in Yangon after four-month trial
Myanmar has become the seventh country to be covered by the company’s ride-hailing platform, Grab co-founder Ms Hooi Ling Tan told the launch ceremony in Yangon on July 26.
— Frontier Myanmar

Ayeyawady Region Prepares to Fight Against Natural Disasters
Accompanied by responsible officials, Dr Win Myat Aye, Union Minister for Social Welfare, Relief and Resettlement visited Thabaung yesterday morning to meet with members of natural disaster management committee at the township level, departmental personnel at the meeting hall of township administrative department, giving necessary advices over the clarification on the tasks of preparation for natural disasters in the township and necessities to be made in advance, by U Aung Soe Oo, township administrator of the department.
— The Global New Light of Myanmar

Forthcoming ASEAN-HK FTA to connect Myanmar with Belt and Road finances
Earlier, the city’s minister said that the ASEAN-HK Free Trade Agreement negotiations are expected to conclude by year-end, and that the city will pursue closer ties with ASEAN to echo China’s Belt and Road Initiative (BRI).
— Myanmar Times

Over 183,000 undocumented migrant workers in Thailand registered for getting certificate of identity
From July 24 to 27 over 183,000 undocumented Myanmar, Laos and Cambodia migrant workers in Thailand have been registered with employers’ endorsements at 99 centres issuing certificates of identity (CI) so that they can work legally.
— Eleven Myanmar

Amyotha Hluttaw debates Farmland Law, increased foreign investment in agriculture
Controversial proposed amendments to Myanmar’s Farmland Law were debated by at least 20 parliamentarians during yesterday’s meeting of the Amyotha Hluttaw in Nay Pyi Taw.
— The Global News Light Of Myanmar

India Reinvigorates Act East Policy Via Myanmar
India-Myanmar ties have grown over last couple of years more so after the country wriggled out of decades long military yoke to march long the democratic path.
— Defence Aviation Post

China’s CITIC to partner with Myanmar Rice Federation on study
China’s state-owned financial services firm CITIC and the Myanmar Rice Federation are partnering to conduct a feasibility study for a plan to establish 33 agricultural business centres in ten states in Myanmar, industry website dealstreetasia reported on 30 July.
Mizzima

Myanmar: H1N1 influenza death toll now 10
The outbreak of H1N1 influenza in Myanmar, that began more than one week ago, has resulted in at least 10 fatalities, according to a Reuters report Monday.
— Outbreak News

Mosquito-borne diseases hit Manipur: At least 16 dead; symptoms, safety tips
The Northeastern state of Manipur has been hit by mosquito-borne diseases, claiming at least lives of 16 people in village along the India-Myanmar border, while another four deaths in other parts are suspected to have the same cause.
— Kashmir Monitor

 

Feature photo FAO of the UN/ Hkun Lat
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.

 

 

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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

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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