Myanmar Morning News For March 31

Myanmar Morning News For March 31

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.

 

Myanmar morning news

Myanmar ruling party’s promise of growth for country yet to materialise
One year since Myanmar’s National League for Democracy took office, the World Bank has projected growth for the country’s economy to moderate from 7.3 per cent in 2015-2016 to 6.5 per cent this year.
— Channel NewsAsia

Myanmar’s Aung Suu Kyi addresses letdowns, says she is prepared to step down
Myanmar’s leader Aung San Suu Kyi has acknowledged disappointment over the state of her country after one year in office, saying she is prepared to step down if people are dissatisfied with her leadership.
— ABC Online

Government to Give Investors Equal Rights at New Industrial Zones, Satellite Townships
The government has plans to build new in­dustrial zones and satel­lite townships across the country, U Kyaw Win, the minister for planning and finance, told an invest­ment conference.
— Consult-Myanmar

Myanmar’s Suu Kyi defends first year in power
Myanmar’s Aung San Suu Kyi defended her civilian government’s first year in power in a rare public address on Thursday (Mar 30), saying her party was dedicated to rebuilding a nation ravaged by decades of army rule.
— Channel NewsAsia

The Second Thai-Myanmar Friendship Bridge opens traffic to Vietnam, Laos and Thailand
The Final Casting Ceremony for the Second Thai-Myanmar Friendship Bridge was held at temporary briefing hall in Myawady, Kayin State on 30 March morning.
— Global New Light Of Myanmar

Global Fund to provide US$497million to Myanmar until 2020
The Global Fund will provide US$497million to Myanmar until 2020 to carry out three national strategic projects in eliminating malaria, TB and HIV/AIDS, which are being carried out by the Ministry of Health and Sports.
— Eleven

650 workers sacked for strike at Myanmar factory
About 650 workers at a clothing factory in Hlaing Tharyar industrial zone were fired after holding a strike demanding a 10-day break to celebrate the Thingyan water festival, the Myanmar equivalent of Songkran.
— Bangkok Post

Myanmar Monks Move to Take Action Against Editor For ‘Insulting’ Influential Religious Leader
Myanmar monks have been collecting signatures for a petition to take legal action against a domestic media reporter whom they accuse of insulting an outspoken and controversial figure in the country’s ultranationalist Buddhist movement.
— Radio Free Asia

Vice President addresses Medium-term Programme (MTP) ceremony on the development of trade sector
Vice President U Myint Swe addressed the gathering at a ceremony releasing the report on medium-term programme (MTP) on development of the trade sector held at the Hilton Hotel in Nay Pyi Taw yesterday.
— Global New Light Of Myanmar

Myanmar: Bangladesh’s Crystal Future Venture to invest; Pan Pacific Hotel to finish by 2017
Bangladesh’s Crystal Future Venture which provides telecom services will be investing $1 million in Myanmar. Meanwhile, Shwe Taung Group announced the opening of office and retail space of the Junction City project.
— Deal Street Asia

Japanese loan to develop agri businesses
The Ministry of Agriculture, Livestock and Irrigation intends to provide loans to value-added agricultural businesses through a two-step loan scheme with funds from Japan, said the ministry’s deputy permanent secretary U Myo Tint Tun.
— Myanmar Times

Construction on Yangon-Dala Bridge to Begin in April
Construction on the Yangon-Dala cross-river bridge, which will link Yangon’s down­town area to the under­developed satellite town, will begin in April this year, the Ministry of In­formation announced last week.
— Consult-Myanmar

Border Guard Police Tortures Rohingya Villagers in Buthidaung
The Myanmar Border Guard Police (BGP) has recently started to subject the local Rohingya villagers in southern Buthidaung to arbitrary tortures and money extortions, according to the local sources.
— Rohingya Vision

ADB Partnership with Myanmar to Support Growth, Job Creation
The Asian Development Bank (ADB) has approved a new medium-term country partnership strategy (CPS) for Myanmar to support the government’s aim to improve economic growth and job creation.
— The Financial

6,000 villagers to get first aid, road safety training
Over 6000 people living in villages along the accident-prone Yangon-Nay Pyi Taw highway will be trained in first aid and road safety by the Myanmar Red Cross Society (MRCS) and Shell Myanmar.
— Myanmar Times

Electricity of 224 Megawatt needs for this summer
The Ministry of Electricity and Power has estimated that the maximum electricity requirement during the summer is about 3,100 megawatts and the actual production may be 2,856 megawatts.
— Eleven

 

 

Feature photo Duke Ng
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Myanmar morning news is published M-F by AEC News Today: Governance, not government; policies not politics.

 

 

 

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Stella-maris Ewudolu

Stella-maris Ewudolu

Journalist at AEC News Today
Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005. Between November 2004 and February 2011 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. Since 2010 she has worked as a freelance screen writer for 'Nollywood', Nigeria.
Stella-maris Ewudolu

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