Myanmar Morning News For September 12

Myanmar Morning News For September 12

Myanmar morning news

UN warns of ‘ethnic cleansing’ of Myanmar’s Rohingya Muslims
he situation in Myanmar is a “textbook example of ethnic cleansing”, the United Nations rights chief said Monday, as Washington condemned a surge in violence that has sent more than 300,000 Rohingya Muslims fleeing for Bangladesh.
— The Business Times

Property taxes worth less than a cup of tea
Bi-annual property taxes paid by many urban residents in Myanmar are merely worth the price of two cups of tea, according to an August study conducted by Yangon-based Renaissance Institute, which is funded by the UK, Australia and Switzerland with support from The Asia Foundation.
— Myanmar Times

Myanmar tries to rekindle enthusiasm for tepid stock market
Initial fanfare has given way to a sleepy quiet on Myanmar’s Yangon Stock Exchange, which has just four listed names after a year and half of trading, as a lack of seasoned investors dissuades potential listings.
— Nikkei Asian Review

CB Bank to expand banking services by going digital
For Myanmar citizens to have access to banking services, Cooperative Bank (CB Bank) will expand its services mainly using digital system, CEO and Vice President of CB Bank U Kyaw Lin told the Myanmar Times during the bank’s 25th anniversary in Yangon recently.
— Myanmar Times

95% of Myanmar’s fruit export goes to China
“The New Light of Myanmar” reported on September 5 that the Myanmar Fruit, Flower and Vegetable Producer and Exporter Association, has stated that, as of this year, China has become their main export market.
— Fresh Plaza

Rakhine govt to sign Maungdaw economic zone MOU with mysterious consortium
The Rakhine State government is pressing ahead with plans for a new economic zone in conflict-hit Maungdaw and plans to sign a memorandum of understanding with local investors later this month.
— Frontier Myanmar

IS craves for Islamic State and future of Myanmar (Part II)
When we can assume that the conspiracy of IS militants behind the Rakhine issue rooted in Myanmar since 2012 comes into shape, civil war is still going on with chaos and commotion.
— Eleven Myanmar

Myanmar execs seek help in fostering human resources
Even as more Japanese companies are eyeing the growing business opportunities in Myanmar, the young country and its more than 50 million people are in need of help in developing human resources in addition to infrastructure, a fact emphasized by several prominent businessmen from the country, speaking at a seminar on Monday in Tokyo.
— Nikkei Asian Review

4 arrested in Taungdwingyi after attack on Muslim homes, businesses
Police have detained at least four people after a crowd attacked Muslim houses and shopfronts in Magway Region on Sunday night.
— Frontier Myanmar

Myanmar’s Leader Needs to Lead
Aung San Suu Kyi, Myanmar’s iconic leader, is sacrificing her moral authority for political expediency.
— Bloomberg

Running a restaurant in Yangon: Lessons from an Italian trattoria
When Mario Fraschini, head chef at Casa Mia, was first approached to open an Italian trattoria in Yangon a year ago, he was understandably skeptical.
— Myanmar Times

 

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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Sreypov Men

Sreypov Men

Journalism intern at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations.
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