Myanmar Morning News For July 25

Myanmar Morning News For July 25
Estimated Reading Time: 4 minutes |

Myanmar morning newsMyanmar raises the bar
The country is opening up its economy to foreign investors.
The Myanmar Times

Trade volume rises to US$8.87 billion
The country’s total trade volume reached US$8.87 billion by July 14, up by US$1.32 billion from the same period of last year, according to the Commerce Ministry.
Eleven Myanmar

‘Mini grids’ coming to light up rural Myanmar
With the nationwide power supply network far from reaching small localities across Myanmar, projects to set up “mini grids” for villages are gaining traction.
Nikkei Asian Review (paywall)

Over 1,000 SMEs to receive loans
The government has recommended over 1,000 domestic small and medium-sized enterprises (SMEs) to receive loans from banks, according to the Central Department of Small and Medium Enterprises Development (CDSMED).
The Myanmar Times

Entrepreneurs invited to play role in housing projects
The government has invited entrepreneurs to cooperate in implementing projects for housing covering the needs of staff accommodation, residential renters and would-be occupants of low-cost homes across Myanmar.
Eleven Myanmar

Ministry to lift ban on livestock export
The government has signalled its latest measure to boost the country’s agriculture and husbandry industries by offering loans to farms and lifting the ban on livestock export, according to the Ministry of Planning and Finance.
The Myanmar Times

Bangladesh considers proposal for 300,000 tonnes of Myanmar rice
Bangladesh and Myanmar are exploring a trade deal involving 300,000 tonnes of Myanmar rice, according to a report in yesterday’s edition of the Myanma Alin Daily newspaper.
Global New Light of Myanmar

Myanmar Agricultural Development Bank to loan farmers for buying agricultural equipment
The Myanmar Agricultural Development Bank will provide loans for farmers to buy agricultural equipment and help with the competitive selling of agricultural machinery, the Ministry of Planning and Finance said.
Eleven Myanmar

Potential increasing income from freshwater shrimp breeding in Maungtaw
Maungtaw District in Rakhine State is gaining economic success with its marine shrimp breeding, exporting most of its marine shrimps to the neighbouring country, according to an official of the district fishery department.
Global New Light of Myanmar

e-Mandalay web portal launched
Mandalay launched last week its e-Mandalay Web Portal, which covers public services for 74 departments, said the chair of the e-Government implementation committee.
The Myanmar Times

Tourism boost for Manaung Island
The government was set to conduct a study to explore the tourism potential of Manaung Island in Rakhine State, said Union Minister for Hotels and Tourism U Ohn Maung.
The Myanmar Times

Saigon Plant Protection company opens branch in Myanmar
The HCM City-based Saigon Plant Protection JSC (SPC) has recently opened a representative office in Myanmar, after obtaining a local licence earlier this year.
Viet Nam News Bizhub

Myanmar Motor open to divest 50% in bus venture to foreign players
Myanmar Motor Corporation Public Company Limited (MMC), a Yangon-based company that plans to operate a $10-million bus assembly and production facility, is keen to rope in overseas investors by divesting 50 per cent stake in the venture.
Deal Street Asia

MP U Sein Win quits ruling NLD, citing lack of freedom
For the first time since the National League for Democracy was elected to parliament in the 2012 by-election, an NLD lawmaker has resigned from the party, citing a lack of freedom.
The Myanmar Times

H1N1 Flu Outbreak in Myanmar Linked to One Death
Thirteen people have contracted A (H1N1) influenza in Yangon and Chin State’s Matupi Township, with one thought to have succumbed to the virus, according to the Ministry of Health and Sports.
The Irrawaddy

Floodwaters swallow pagoda, displace 100,000 people in Myanmar
Rising floodwaters have swallowed a Buddhist pagoda in central Myanmar and sent tens of thousands fleeing their homes, as the government warned of more heavy rains ahead.
The Straits Times

Oppression of Muslim minority continues in Myanmar
Violence against the Rohingya Muslim ethnic minority by Myanmar’s military continues despite international calls to end persecution, a sign that the armed forces still hold great sway even under a civilian government.
Nikkei Asian Review (paywall)

The elephant killings
A cluster of villages near Yangon has emerged as an elephant poaching hotspot, with some accusing local police of underreporting the problem.
Frontier Myanmar

 

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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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Cara Navarro

Cara Navarro

Journalism Intern at AEC News Today
Cara recently finished her first year at Bryn Mawr College in the United States, where she is studying Growth and Structure of Cities. While she is from Manila, Philippines, she has lived in multiple cities around the world, most recently Phnom Penh.

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