Myanmar Morning News For October 11

Myanmar Morning News For October 11

Myanmar morning newsCeasefire in Myanmar ends amid allegations of government-initiated ethnic cleansing
Myanmar authorities said there was no sign of attacks by Rohingya Muslim militants on Tuesday as a one-month insurgent ceasefire came to end.
— Reuters/Business Insider

Myanmar takes first step to ease Buddhist-Muslim tension
Myanmar on Tuesday launched its first bid to improve relations between Buddhists and Muslims since an eruption of deadly violence in August inflamed communal tension and triggered an exodus of some 520,000 Muslims to Bangladesh.
— Today Online

YHI unit in joint venture with Myanmar firm to market car and industrial products
MAINBOARD-LISTED YHI International, through its wholly owned subsidiary YHI Corporation (Singapore), has entered into a joint venture agreement with Aung San Company, a private firm in Myanmar dealing with the import of car products such as wheels, tyres, accessories, spare parts and general merchandise.
— The Business Times

MOGE 1M Gallon Gasoline Auction
One million gallons of gasoline from Tapayarkan oil and gas power plant in Min Hla, Magway Region, will be sold under a closed bidding system, second stage (following the first bidding stage held ear­lier this year), according to an announcement in late September by state-owned Myanma Oil and Gas Enterprise (MOGE).
— Myanmar Business Today

Fish Breeding Project for Yangon
400 fish species will be bred in more than 10,000 acres of fish farms in Yangon Region, in a bid to boost fishery productivity, Daw Toe Nandar Tin, Vice Chairwomen of Myanmar Fishery Federation (MFF) said at a meeting on Sep­tember 26. “If the pro­ject’s breeding technique is successful, it will be extended to other regions and states,” she added.
— Myanmar Business Today

On Rakhine beach, fleeing Rohingya live out perilous existence
Around 2,000 Rohingyas have spent the last two weeks under harsh weather conditions living on the Ah Lae Than Kyaw beach in Maungdaw, in Myanmar’s Rakhine State.
— Channel NewsAsia

Condominium rental market bearish despite higher demand
Even though demand is rising, condominium rentals for foreigners have decreased by 10 percent this year, Dr Htoo Myat Naing from Estate Myanmar told The Myanmar Times on October 9.
— Myanmar Times

Focus centres on Rakhine economy as West considers sanctions
The European Union and the US are considering targeted sanctions against Myanmar military leaders in response to a mass exodus of Rohingya Muslims from northwest Rakhine, Reuters has reported, quoting officials familiar with the discussion.
— Myanmar Times

Phase 2 of Zone B Thilawa SEZ project under way
The construction of Zone-B in the Thilawa Special Economic Zone Project will be finished in August next year.
— Eleven Myanmar

Moscow steps up business with Nay Pyi Taw
At a Russia-Myanmar Intergovernmental Commission on Trade and Economic Cooperation (RMIC) meeting in Moscow last month, Russian commission chair Minister Maksim Oreshkin and Minister for the Ministry of Planning and Finance, U Kyaw Win, signed an agreement to set up a Russia trade representative office in Yangon.
— Myanmar Times

Myanmar climbers take latest yoga trend to new heights
Now fitness buffs in Myanmar are taking the latest body-bending trend to whole new heights — pulling off yoga poses on a climbing wall.
— Business Standard

Tourists Shun Myanmar in Wake of Rakhine Crisis
Although Myanmar is entering peak season for tourism, tour operators and industry officials have reported a drop in visitors because of the recent conflict in Rakhine State.
— Irrawaddy

Government to import 350,000 tons of rice from Myanmar, Thailand and India
The Ministry of Food’s controversial proposal to import 100,000 tons of rice from Myanmar amid heightened tensions over the Rohingya crisis, will be placed at cabinet committee meeting on public purchase on Thursday for approval at the cost of Tk366.86 crore, officials said.
— Dhaka Tribune

 

Feature photo Dan Lundberg
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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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