Myanmar Morning News For August 31

Myanmar Morning News For August 31
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Myanmar morning newsDoing Business in Myanmar? Check this Out
If you are planning on doing business in Myanmar one necessary resource in your armoury of data is the informative reports published by Hong Kong-based Conventus Publishing (Asia), under the Conventus Law brand.
— AEC News Today

Myanmar’s MyTel to launch 4G in 1H18
Vietnamese operator Viettel’s joint venture in Myanmar plans to launch 4G-only services in the first quarter of next year.
— telecomasia.net

First rice export bilateral agreement signed
The National League for Democracy-led government is set to sign its first ever government-to-government (G-to-G) rice export bilateral agreement, according to the commerce ministry. The country is likely to sign a Memorandum of Understanding (MoU) to export rice to Bangladesh in early September.
— Myanmar Times

Myanmar violence displaces 18,000 Rohingya
More than 18,000 Rohingya Muslims, many sick and some with bullet wounds, have fled the worst violence to grip Myanmar in at least five years, while thousands more are stuck at the Bangladesh border.
— Sky News

Yangon fuel oil sales remain constant
Petrol and diesel sales remain steady and fuel oil prices are about Ks670 for a liter of diesel, Ks675 for Octane 92, Ks720 for Octane 95 and Ks690 for premium diesel, according to the Commerce Ministry.
— The Global New Light Of Myanmar

Gold and jewellery trade centres to open in three cities
Gold and jewellery trade centres will be opened in Yangon, Mandalay and Nay Pyi Taw soon, said Planning and Finance Minister Kyaw Win on August 28.
— Eleven Myanmar

Yongnam Holdings secures new contracts worth S$70 million
Engineering and construction services provider Yongnam Holdings has secured three new contracts worth a total of S$70 million, two in Singapore and the third in Myanmar.
— The Straits Times

Bumper harvest in India drives down demand for Myanmar pulses
India says a bumper harvest of pulses and beans back home has driven down import demands, forcing New Delhi to impose restrictions on imports from Myanmar.
— Mizzima

Foods supply for displaced ethnic people in Taung Pyo Let Wae Township, Maungtaw
Rakhine State government distributed and supplied food and provisions to Arakanese people who fled recent violence in the area and took refuge in Taung Pyo Let Wae Township in Rakhine State.
— The Global New Light Of Myanmar

Myanmar calls for ethnic groups’ efforts to restore peace in Rakhine
Myanmar authorities on August 29 called on all ethnic groups to cooperate with the government to restore peace and stability in Rakhine after at least 110 people have been killed in clashes in the northwestern state since August 25.
— VietnamPlus

Public, private sector to raise K100 billion to absorb pulse and bean supply
The government will work with the private sector to raise K100 billion to purchase mung beans and pigeon peas at a fixed price to keep the sector stable, Myanmar Pulses, Beans and Sesame Association (MPBSA) chair U Tun Lwin told The Myanmar Times.
— Myanmar Times

Around 600 Maungdaw residents flee to Sittwe Township
Around 600 displaced persons from Maungdaw Township are taking refuge in Sittwe Township in Rakhine State, according to social organizations.
— Eleven Myanmar

PTTEP to start exploring two offshore blocks next year
Thailand-based PTT Exploration and Production Public Co Ltd (PTTEP) will start exploration work in the M9 and M11 offshore blocks in the Gulf of Martaban next year.
— Eleven Myanmar

Cabinet approves MoU with Myanmar for the Conservation of Earthquake-Damaged Pagodas at Bagan
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) between India and Myanmar for the conservation of earthquake-damaged pagodas at Bagan, Myanmar.
— Business Standard

Security Council urges Myanmar sides to ‘de-escalate,’ UK diplomat says
The Security Council gathered Wednesday for a rare meeting involving Myanmar, where recent clashes between Rohingya insurgents and security forces have resulted in the deaths of 109 people, including 17 civilians.
— Nikkei Asian Review

 

Feature photo Clay Gilliland
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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