Myanmar Morning News For October 31

Myanmar Morning News For October 31
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Myanmar morning newsThailand’s TTCL to build $2.8 bln coal-fired power plant in Myanmar
Thai construction company TTCL Pcl said on Monday it plans to build a $2.8 billion coal-fired power plant in southeastern Myanmar.
— Nasdaq

Myanmar’s trade deficit reaches over 2.3 bln USD in 7 months of FY 2017-2018
Myanmar saw trade deficit of over 2.32 billion U.S. dollars as of Oct. 20 in the fiscal year 2017-2018, which began in April, with an increase of 445 million U.S. dollars compared to the same period of FY 2016-2017, official Global New Light of Myanmar reported Monday.
— Xinhua Net

Like Trump, These Southeast Asian Countries Are Using ‘Fake News’ To Devastating Effect
In the midst of political turmoil, heads of state in Southeast Asia have borrowed the language of the most prominent and outspoken national leader, U.S. President Donald Trump. Fake news has become a convenient cover up for attacks on human rights, democracy and criticism of the government.
— Forbes

Myanmar army vows to eject Indian rebels
A Top Myanmar military official has said no organisation that poses a threat to India’s security or interests will be allowed to stay in Myanmar territory.
— Myanmar Times

Sanctions will hurt Myanmar reform and invite China in
Church leaders and political commentators in Myanmar fear fresh sanctions against the country over the Rohingya refugee crisis could drive it back into the arms of China.
— UCA News

Singapore Embassy assisting Singaporean journalist detained in Myanmar
The Singapore Embassy in Yangon is providing the necessary consular assistance to detained Singaporean journalist Lau Hon Meng, the Ministry of Foreign Affairs (MFA) said in a media release on Monday night (Oct 30).
— Today Online

Rohingya crisis sparks more than $300M in donations for 800,000 homeless war victims
The numbers vary from 600,000-900,000 but the horror and seeming hopelessness of the situation is the same: Muslim refugees from the region of Rohingya have fled their homes across the boundaries of Bangladesh to escape what the United Nations (UN) and other international organizations have described as “ethnic cleansing” from the Myanmar military forces.
— Born2Invest

Myanmar to repatriate Rohingya refugees after ‘textbook ethnic cleansing’ SOFREP Original Content
The UN has called the atrocities committed in Rakhine State, Burma (Myanmar) “textbook ethnic cleansing.” It has since been responsible for the deaths of over 2,000 people and sent approximately 600,000 people fleeing for their lives to the neighboring country of Bangladesh.
— Sofrep

The US is on the verge of calling out Myanmar for ethnic cleansing
Secretary of State Rex Tillerson forcibly condemned the Myanmar military’s brutal crackdown on the Rohingya Muslim minority last week, but he has consistently failed to call it ethnic cleansing or crimes against humanity.
— Vox

Bangladesh expected more on Rohingya during Indian FM visit
Since the eruption of the Rohingya crisis, millions of Bangladeshis have had high hopes that India, deemed to be Bangladesh’s best friend, would play a proactive role. But from the very beginning of the crisis, India (and China too) has seemed to favor its new friend, Myanmar, ignoring the interests of an old friend, Bangladesh.
— Asia Times

Implementation of infrastructure project in Rakhine to begin this week
Union Enterprise for Humanitarian Assistance, Resettlement and Development (UEHRD) Chief Coordinator Dr. Aung Tun Thet said that the building of infrastructure will be started this week in Maungdaw and Buthidaung.
— Reliefweb

Myanmar: Over 7,000 Granted National Verification Cards In Rakhine State
More than 7,000 people have been granted national verification cards in Myanmar’s northern state Rakhine since local authorities started a verification process on Oct 1, according to Vietnam News Agency (VNA) quoting an official news report from Myanmar.
— Malaysian Digest

 

Myanmar’s northern city to be transformed into ASEAN flower city
Myanmar is planning to transform Pyin Oo Lwin, the city of flower in the northern part of the country, into a flower city of the Association of Southeast Asian Nations (ASEAN), the official Global New Light of Myanmar reported Monday.
— Xinhua Net

Rice exports tipped to reach 3m tonnes in 2020-21
Myanmar expects that about 3 million tonnes of rice will be exported to foreign countries – an increase of 15 to 20 per cent from now – during the 2020-2021 fiscal year, Ye Min Aung, General Secretary of Myanmar Rice Federation, said.
— Eleven Myanmar

JFE Steel to build Myanmar sheet factory for construction
JFE Steel will establish a Myanmar production center for high-grade steel sheet in 2020, anticipating rising demand for such value-added goods in a fast-growing market where urban development and foreign investment are expanding.
Nikkei Asian Review (paywall)

Nok Air kicks off new Mae Sot-Yangon route
Thai low-cost airline Nok Air launched its maiden flight from Mae Sot to Yangon on October 28 to link the bustling border district with the commercial capital of Myanmar.
— Myanmar Times

Japan agency commences two-step loans for farmers
The Japan International Cooperation Agency (JICA) is cooperating with the Myanmar Agricultural Development Bank (MADB) to provide two-step loans to nine farms in Mandalay.
— Myanmar Times

Feature photo Thierry Leclerc
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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