Myanmar Morning News For October 16

Myanmar Morning News For October 16

Myanmar morning newsAgricultural sector makes up 0.51 pc of total FDI
From 1988-1989 fiscal year until September this year, foreign direct investment (FDI) in the local agricultural sector exceeded US$380 million, which accounts for 0.51 per cent of total FDI, according to Directorate of Investment and Company Administration.
Eleven Myanmar

RIL exits from overseas oil and gas block
Reliance Industries has exited the last of its overseas oil and gas assets after it relinquished two blocks in Myanmar.
The Asian Age

Committee approves six foreign businesses with investment of over $9 million
The Yangon Region Investment Committee has allowed six businesses from Singapore, China and Hong Kong
to invest more than US$9 million (12.3 billion kyat) in the industrial sector prior to October 11.
The Elevent Myanmar

Myanmar to hold mid-year gems emporium in December
Myanmar will hold its mid-year gems emporium in Nay Pyi Taw in mid-December to boost sale of gems and jade, according to a statement of the Information Ministry issued late Saturday.
Xinhua

Newest Myanmar noodle chain has Japanese roots, local prices
One of Japan’s top purveyors of noodles is setting up shop in Myanmar’s biggest city this month, hoping to cater to a growing middle class hungry for cheap food.
Nikkei Asian Review (paywall)

Tensions Follow Rohingya Refugees to United States
As she tightens her traditional head covering, Bibiasha Mohamad Tahir’s thoughts move between the present and the past.
VOA Cambodia

Myanmar army to release probe report on misconduct by troops in Rakhine state
The Myanmar Army or the Tatmadaw will release the findings of its investigation into any misconduct by government forces in Rakhine state following accusations of atrocities during clearance operations last year and this year, according to The Irrawaddy News Online on Friday.
Thai PBS

Former UN chief Annan says Rohingya must return to Myanmar
Former UN chief Kofi Annan urged the Security Council on Friday to push for the return to Myanmar of hundreds of thousands of Muslim Rohyingas who have been driven out in an army campaign.
The Nation

Myanmar army probing alleged Rakhine atrocities
Myanmar’s military has said it is investigating its operations in violence-wracked Rakhine state, where the United Nations has accused troops of waging an ethnic cleansing campaign against Rohingya Muslims.
The Nation

Myanmar minister: Rohingya people may have planned the exodus
More than half a million Rohingya refugees have fled across the border after a military crackdown in Rakhine state
Dhaka Tribune

Rohingya shadow on South Asia free trade pact
A flood of Rohingya refugees into Bangladesh threatens to hold captive India’s efforts to cobble together a Bimstec free trade pact which would cover nations with combined GDP of over $3 trillion.
The Telegraph

Myanmar-based NSCN-K rebel arrested in Arunachal Pardesh
A senior rebel of the outlawed National Socialist Council of Nagaland (NSCN-K) was arrested on Sunday by security forces in Arunachal Pradesh’s Changlang district, officials said.
The Economic Times

Myanmar Muslims fear further ‘turning of the tide’
For Tun Kyi, Myanmar is home. He was born and brought up in the country and, like thousands of other Burmese, he was also protesting in the streets for democracy during the military junta’s rule. He spent 10 years in prison.
— BBC

 

Feature photo Christian Keller
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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