Myanmar Morning News For June 16

Myanmar Morning News For June 16

Myanmar morning news

Commerce ministry prepares to set up bank of export and import
The Commerce Ministry is planning to set up a bank capable of assisting exporters and importers to help boost the country’s overseas business activities.
Eleven Myanmar

Dry port sets hopes on Belt and Road
The country’s first dry port will be built near Myitnge, in Amarapura township, Mandalay Region, and join the Belt and Road network, said U Myo Win, general manager from Myanma Railways (Upper Myanmar).
The Myanmar Times

150 foreign companies expected to invest $1.7bn in Thilawa SEZ
The Ministry of Commerce expects about 150 foreign companies to invest US$1.7 billion in the Thilawa Special Economic Zone, located in southern Yangon Region, when it is completed.
Eleven Myanmar

Real estate market remains cool, expert says
Interview on 9 June with U Khin Maung Than, chair of the Myanmar Real Estate Services Association by May Thet Hnin, a reporter for the Global New Light of Myanmar.
Global New Light of Myanmar

Myanmar-China trade reaches $10 billion every year
The trade volume between Myanmar and China usually reaches about US$10 billion every year, accounting for 30 per cent of Myanmar’s foreign trade, said Ministry of Commerce permanent secretary Toe Aung Myint.
Eleven Myanmar

Myanmar citizens look forward to lifting of Malaysia work ban
For the last seven months, Myanmar government have stopped its citizens from working in Malaysia after Kuala Lumpur’s criticism over the Rohingya issue.
Channel NewsAsia (video)

‘Time will tell’ whether YBS is a success, official says
A total of 2000 buses have already been imported by the government to fulfil the demand, said Yangon Chief Minister U Phyo Min Thein on June 9 at the press conference marking the anniversary of the new government.
The Myanmar Times

Safety audit report highlights discrimination faced by female workers in the garment industry
A new report by ActionAid released on the 15 June at the Summit Park Hotel has highlighted the discrimination faced by Myanmar’s female garment workers.
Mizzima

Kayin State enjoys tourism influx after ceasefire
Peace has paved the way for tourism in Kayin (Karen) State, tourism officials said this week.
Burma News International

3rd Annual Aid & Development Summit begins in Nay Pyi Taw
The 3rd annual Aid & Development Asia Summit began yesterday in Nay Pyi Taw’s Myanmar Convention Center 2.
Mizzima

Ooredoo Myanmar launches App Zone
Ooredoo Myanmar launched App Zone, a platform offering “hundreds of thousands of apps” available for free download.
Mobile World Live

Myanmar Online Creations secures six-digit Series A from local investors
Myanmar Online Creations (MOC), that is focussed on creating localised online content and tools, has raised a six-digit Series A investment to enter into publishing up to 10 local content apps by 2017.
Deal Street Asia

Repositioning Myanmar through the Belt and Road Initiative
The ambitious project being pushed by Beijing could have a significant impact in Myanmar, not least for the country’s long drawn-out peace process.
Frontier Myanmar

Myanmar Charges Three Reporters Under Telecommunications Law
Authorities in central Myanmar’s Magwe region have charged three journalists under a controversial telecommunications law after one posted messages on social media about a dispute at a construction site and the two others commented on them, one of the reporters and a police officer said Thursday.
Radio Free Asia

Three more bodies, tail section of missing Y-8 plane found
Three more bodies believed to have been on board the military transport plane that crashed on 7 June were found yesterday, but after over a week in the sea, their condition made them unidentifiable, authorities said.
Global New Light of Myanmar

 

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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