Myanmar Morning News For July 10

Myanmar Morning News For July 10

Myanmar morning news

Government sets 7 percent as GDP growth target
The government has set the growth target at 7 percent for the country’s economy in this fiscal year, according to the National Plan legislation for the financial year 2017-18.
The Myanmar Times

Jobs being planned for workers returning home
The government is planning to create jobs for migrant workers who have returned from Thailand due to the new strict labour laws introduced in the kingdom, said Union Minister for Labour, Immigration and Population U Thein Swe.
The Myanmar Times

Myanmar aims to become Asian maritime hub
As Asean countries prioritise on improving connectivity within and beyond the region, Myanmar has planned to take advantage of its strategic location between the two mostpopulated nations – China and India – to become a hub of maritime trade in Asia, transport authorities say.
The Nation

Myanmar to conduct inland ports consultation
As part of its plans to expand Myanmar’s economy, the government will open consultations on Saturday with regional authorities to initiate six new inland water port terminals, four on the Ayeyarwaddy River and two on the Chindwin River.

Urbanisation does not mean all roads lead to Yangon
Linking secondary cities to Yangon or Mandalay as well as smaller towns in the regions will filter down economy activity in the two big cities to local regions, the author of Urban Myanmar said.
The Myanmar Times

Max Energy and Shell Brands International AG to open Shell Branded retail outlets
Max Energy Company Limited and Shell Brands International AG have entered into agreement to establish Shell retail fuel stations in Myanmar, according to a Myawady Daily newspaper report yesterday.
Global New Light of Myanmar

Let there be light… and Korean dramas
Strong demand is driving a rapid expansion of household solar panel rigs across Myanmar.
Frontier Myanmar

Thirty-four kinds of aquatic products granted duty free for export
Thirty-four kinds of aquatic products have been granted duty-free status to be exported to America by the Ministry of Commerce, according to a report in the Myawady Daily.
Global New Light of Myanmar

Bean exports earn $400m
Myanmar earned nearly US$400 million from exporting beans and peas by the end of June this fiscal year, according to the Ministry of Commerce.
Eleven Myanmar

Over 1,000 tonnes of onions go to China, Thailand via borders in one week
MYANMAR exported more than 1,000 tonnes of onions to neighbouring China and Thailand through cross-border points within a week’s time, according to a recent report of the Commerce Ministry.
Global New Light of Myanmar

Garment exports reach $380m
Garment exports totalled more than US$380 million until June this fiscal year, a US$100 million increase from last year, reported the Ministry of Commerce.
Eleven Myanmar

Average salary in foreign firms almost double of domestic ones: survey
Satisfaction with one’s salary makes very little difference on turnover rate, and how happy one is with the salary has little to do with age, education level or size of the employer, a report said.
The Myanmar Times

School of Industrial Training and Education will start opening in June of coming year
School of Industrial Training and Education will open at 123, Natmauk Road, Yangon in June 2018 with objectives to increase skilled labour, technician and job opportunities for advanced industrial production sector.
Global New Light of Myanmar

Illegal trade behind China account freeze
Traders affected by China’s decision to freeze more than 100 accounts at Chinese banks believe Beijing is trying to clamp down on illegal trade with Myanmar, particularly the import of rice and sugar across its borders.
Frontier Myanmar

Made in Myanmar
With Myanmar emerging as a manufacturing hub for mass-produced clothes, a crop of young designers are using home-grown fashion to preserve the country’s sartorial heritage and reshape the sweatshop model.
The Nation

Full-moon holiday brings out worshippers
Many visitors have flocked to pagodas, including the world-famous Shwedagon Pagoda in Yangon, on the full-moon in Waso on July 8, marking the beginning of Buddhist lent or Vassa.
Eleven Myanmar


Feature photo imke.stahlmann
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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