Myanmar Morning News For July 19

Myanmar Morning News For July 19

Myanmar morning newsMyanmar’s Rohingya Muslims share stories of gang rape and killings by police and soldiers in Rakhine State
As the last of the foreign reporters walked over a bamboo bridge a young Rohingya woman dressed in black, with a black umbrella, raised her hand hesitantly.
— ABC News

Nationwide survey launched to draft business environment index
The Myanmar Business Environment Index will be mapped out based on a nationwide survey, which complements previous and current research, to improve the competitiveness of private sector in states and regions.
The Myanmar Times

Vessel monitoring system to be installed on Myanmar’s fishing fleet
Myanmar’s Ministry of Agriculture, Livestock and Irrigation will soon require all fishing boats to use Vessel Monitoring Systems (VMS), electronic devices that can provide location, catch-size and other fishing surveillance data for closer fisheries regulation, according to a report in yesterday’s City News Daily.
Global New Light of Myanmar

Gov’t to collect more commercial tax
The National League for Democracy government will raise commercial tax collections to boost its coffers despite higher-than-expected tax revenues in 2016-17.
The Myanmar Times

Is pork barrel politics emerging in Myanmar?
In 2014, new legislation introducing a Constituency Development Fund (hereafter CDF) was passed by Myanmar’s Union parliament, then dominated by the Union Solidarity and Development Party (USDP).
— New Mandala

As the World Moves to Renewable Energy, Myanmar Will Follow
The government has been pushing plans for coal-fired power plants to address Myanmar’s great need for electricity.
The Irrawaddy

Agricultural development strategy introduced
A strategy for the agricultural development is underway, according to deputy chairman of the Federation of Chambers of Commerce and Industry.
Eleven Myanmar

Vegetable prices soar after flooding in Monywa
Vegetable prices have risen in Monywa Township, Sagaing Region, as flooding has hit vegetable plantations since early June, according vegetable growers.
Eleven Myanmar

Sri Lanka offers to purchase rice from Myanmar
Sri Lanka has offered to purchase 500,000 tonnes of high-quality rice from Myanmar through a government-to-government contract, said U Aung Soe , director general of Myanmar Trade Promotion Team under the Ministry of Commerce.
The Myanmar Times

Agriculture sector attracts less than 1% of FDI
Myanmar’s agriculture sector absorbed foreign direct investment (FDI) this financial year estimated at US$15.21 million by mid-July, accounted for only 0.55 per cent of all FDI, said U Hsan Myint, the deputy director-general of the Directorate of Investment and Company Administration (DICA).
Global New Light of Myanmar

Transport and energy access barriers to Myeik industrialisation
Myeik city is a key potential driver of the import substitution model being advocated by the current National League for Democracy-led government, according to a Canada-based real estate report.
The Myanmar Times

By-laws for Mon State Municipal Law to be finalized within three months
With a new state municipal law on the books in Mon State, the process of writing the by-laws that will give it teeth is underway, according to the new minister of municipal development and construction, U Min Kyaw Lwin.
Burma News International

S Korea’s SunJin to invest $3m in breeder farm business in Myanmar
SunJin, a leading S Korean livestock and animal feed company, is investing $3 million in Myanmar to set up its breeder farm business.
Deal Street Asia

Yusen Logistics opens logistics center in Myanmar to expand contract logistics service
On July 12, Yusen Logistics held an opening ceremony for Thilawa Logistics Center in the Thilawa Special Economic Zone (SEZ) in Myanmar.
American Journal of Transportation

HAGL and Royal Ace Mega sign deal to develop Cineplex
Vietnamese developer Hoang AnhGia Lai (HAGL) and local digital cinema chain Royal Ace Mega Company have signed an agreement to develop a multi-screen cinema complex at phase two of HAGL’s Myanmar Centre project.
The Myanmar Times

KBZ garners Best Bank in Myanmar-2017 four consecutive years
London-based Euromoney held its Euromoney Awards for Excellence – 2017 at the Island Shangri-La Hotel in Hong Kong on 13 July. KBZ Bank Ltd. won the Euromoney Awards for Excellence – 2017: Best bank in Myanmar making it the fourth successive year.
Global New Light of Myanmar

GNLM interviews Telenor Myanmar CEO Mr. Lars Erik Tellmann
Mr. Tellmann responded to written GNLM questions via email.
Global New Light of Myanmar

In Rakhine State, ruined embankments prevent rice production
The residents of this flood-prone part of southwestern Rakhine State are still struggling to resume agricultural production seven years after their lands were devastated by Cyclone Giri in 2010.
Mizzima

Reporter’s Notebook: Has China’s Pipeline Project Benefited Maday Island Locals?
It has been seven years since construction began on a China National Petroleum Corp (CNPC) pipeline project that cuts 480 miles across Myanmar.
The Irrawaddy

Pre-trial detention extended for journalist trio in unexpected hearing
Three journalists arrested late last month after returning from an armed group ceremony in Shan State unexpectedly had their pre-trial detention extended on Thursday, after being summoned to court without their legal counsel present.
Frontier Myanmar

 

Feature photo Niels Steeman
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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