Myanmar Morning News For October 9

Myanmar Morning News For October 9

Myanmar morning newsTime for Myanmar to focus on the economy
Much has been said about the National League for Democracy (NLD)-led elected government’s stance on peace and security in recent weeks, with attention being drawn to the conflicts in the North Rakhine State and the actions of Myanmar’s de facto leader, Daw Aung San Suu Kyi.
— The Nation

Leaked report fuels Myanmar ‘blame game’
Disclosures that senior United Nations officials were warned earlier this year by experts — including their own staff — about a looming crisis over military suppression of the Rohingya Muslim minority in Myanmar’s Rakhine state have sparked what one aid official called a “new blame game” in Myanmar.
— Nikkei Asian Review

Border trade value totalled over $3.399 billion until September 22
Border trade values ending on September 22 this fiscal year have reached over US$3.399 billion (4.629 trillion kyat), but the amount has fallen by over $8 million compared to the same period of last year, according to trade data from the Ministry of Commerce.
— Eleven Myanmar

Rohingya crisis shows Suu Kyi still prisoner of Myanmar military
Aung San Suu Kyi, the Nobel laureate, democracy activist and Myanmar’s main civilian leader, met with a senior diplomat last year and told a cautionary tale about how Muslims had come to dominate another southeast Asian state, Indonesia, after centuries in the minority.
— The Australian

West eyes sanctions on Myanmar army over Rohingya
The European Union and the United States are considering targeted sanctions against Myanmar military leaders over an offensive that has driven more than 500,000 Rohingya Muslims out of the country, officials familiar with the discussions say.
— Bangkok Post

Maungdaw border trade on hiatus
Border trade at Maungdaw, Rakhine State, has been on hiatus since the ARSA Bengali terrorist group attacked over 30 border outposts on August 25, sources say.
— Eleven Myanmar

Young Myanmar banker fascinated by opportunities in region
NANG LANG KHAM, the deputy chief executive of Myanmar’s largest private bank KBZ, who recently won the Promising Young Banker in Myanmar award given by The Asian Banker to bankers below the age of 40, is engrossed by the opportunities in Asean.
— The Nation

Some 26% of Zone-B shares in Thilawa SEZ project sold out
The total foreign investment in Thilawa Special Economic Zone Project has exceeded US$1.1 billion (1.363 trillion kyat), said Myint Zaw, officer and general manager of Myanmar Japan Thilawa Development Ltd.
— Eleven Myanmar

IDPs fear to go home
Internally displaced people still cannot go home, fearing ARSA Bengali terrorists, sources say.
— Eleven Myanmar

Two dead, scores missing as boat packed with Rohingya sinks
A boat packed with Rohingya refugees fleeing violence in Myanmar’s Rakhine state capsized today in a river near the coast of Bangladesh, leaving at least two people dead and scores missing, officials said.
— Business Standard

Rohingya insurgents open to peace but Myanmar ceasefire ending
Muslim Rohingya insurgents said on Saturday they are ready to respond to any peace move by the Myanmar government but a one-month ceasefire they declared to enable the delivery of aid in violence-racked Rakhine State is about to end.
— Nikkei Asian Review

Myanmar-focused PE firm Credera looks to set up greenfield ventures in finance, healthcare and education
Credera Group, currently raising a $100 million private equity fund focused on Myanmar, is betting on strategic greenfield ventures in finance, manufacturing and other consumer spaces to forge new deals in the country.
— DealStreetAsia

Myanmar drugs suspect escapes by jumping in river
A Myanmar drug suspect jumped into the Moei River as Thai police arrested his two accomplices in the border province of Tak on Sunday.
— The Nation

 

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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