Myanmar Morning News For August 24

Myanmar Morning News For August 24
Estimated Reading Time: 3 minutes |

Myanmar morning newsKIA classifies northern Namti as restricted area
The Kachin Independence Army (KIA) has issued a notice classifying northern Namti in Mogaung township a restricted area due to military situation.
— Myanmar Times

Thousands of Rohingya flee Myanmar for Bangladesh
Thousands of Rohingya Muslims have crossed into Bangladesh since Myanmar announced a military buildup in violence-hit Rakhine state earlier this month, according to community leaders.
— Al Jazeera

Economy More Important Than Democracy in Myanmar, Survey Says
Myanmar people rated economic development as more important than democratic reform, according to a survey of Myanmar public opinion by the International Republican Institute (IRI) released on Tuesday.
— The Irrawaddy

Children’s rights bill inconsistent over child labour regulations
Sections within the draft law are inconsistent over the minimum working age, and child employment in many sectors remains unregulated.
— Myanmar Times

Myanmar’s startups map past, shape future with virtual reality
Gasps echo across the hall as the Myanmar school kids trial virtual reality goggles, marveling at a device that allows some of Asia’s poorest people to walk on the moon or dive beneath the waves.
— VnExpress

Better gas technology, infrastructure crucial to solving power problem
Myanmar, one of the fastest growing economies in the world, is nevertheless notorious for its insufficient supply of power. Despite several State and regional Master Plans and programs, just one third – or 3.7 million out of the 10 million households in the country – enjoys access to electricity.
— Myanmar Times

Made Island offshore supply base receives green light
Myanmar Chemical & Machinery Co (MCM) will fork out over US$96 million (K130 billion) under the Myanmar Citizen Investment Law to build an offshore supply base on Made Island in Kyaukphyu, Rakhine State, project director U Tin Soe told The Myanmar Times.
— Myanmar Times

Indian import quotas plunges Myanmar’s pulses industry into chaos
Bayintnaung commodity depot has ceased operations due to India’s import quota on pulses, prompting pulses prices to plummet and Myanmar’s Ministry of Commerce to call for a trade meeting between the two nations.
— The Global New Light Of Myanmar

Huge residential construction project runs out of money
Construction of an apartment complex supported by private and government funds in Ayeyarwun and Yadana housing estates in Dagon Seikkan Township, Yangon Region has been suspended due to a funding shortfall, according to a report in Myawady Daily, yesterday.
— The Global New Light Of Myanmar

Ooredoo searching for new CEO after poor first half results
Mobile operator Ooredoo Myanmar has parted ways with chief executive officer Rene Meza, shortly after the company announced disappointing results for the first half of the year.
— Frontier Myanmar

Many parts of Hkamti township flooded
Rising river level and heavy rain has caused flood again in many parts of Hkamti township, Sagaing Region, said U Khin Maung Sint, Hkamti township administrator.
— Myanmar Times

Myanmar deputy planning minister calls for more transparency
“Winston” Set Aung, Myanmar’s new deputy minister for planning and finance, urged his fellow leaders to push ahead with reform during a panel session at the Myanmar Democratic Transition Forum in Naypyitaw on Aug. 12.
— Nikkei Asian Review

 

Feature photo Paul Arps
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

Sreypov Men

Journalism intern at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations.
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