Myanmar Morning News For September 13

Myanmar expects 6 bln USD foreign direct investment yearly
Myanmar is expecting to attract about 6 billion U.S. dollars of annual foreign direct investment starting from 2018, U Maung Maung Win, deputy minister of the Ministry of Planning and Finance said Tuesday.
— Xinhua

Regulatory roadmap needed for banking sector reform
Myanmar needs to establish a regulatory roadmap for the banking sector. This will give the local banks more clarity on the progress and timing of upcoming regulations, allowing them to gear up for further reform and growth.
— Myanmar Times

Bangladesh raises Rohingyas with India, seeks intervention
In a first, the Bangladesh government has raised the issue of Rohingya refugees with the Government of India as the crisis continues to deepen, according to senior diplomatic sources.
— Asia Times

Myanmar to learn from Malaysia on ease of doing business
In order to raise its rank on the World Bank’s ease of doing business index, a Myanmar delegation recently visited Malaysia, which is much higher on the index, to study the situation there.
— Myanmar Times

Myanmar government launches campaign to get rid of betel nut chewing habit
State Counsellor Daw Aung San Suu Kyi on Monday said at the campaign launching event that betel nut chewing and tobacco use claim the lives of over 60,000 Myanmar citizens every year, being a leading cause of oral cancer.
— Thai PBS

Temporary ban on bean imports imposed from Sept 15
In an attempt to stabilize local bean market, the Ministry of Commerce will place a temporary ban on imports of beans and pulses starting from September 15.
— Eleven Myanmar

Japan helps draft master plan for development of Tanintharyi region
The Tanintharyi Region government has drafted a master development plan with the help of Japan, said Tanintharyi Region Chief Minister Dr Le Le Maw on September 8.
— Eleven Myanmar

Businesses more optimistic on the Myanmar investment arena compared to last year
Prospects for the Myanmar economy are looking promising despite the unrest in northern Rakhine, officials from the public and private sector said today.
— Myanmar Times

State Counselor Will Not Attend UN General Assembly to Focus on Internal Issues
Myanmar’s State Counselor and de facto leader Daw Aung San Suu Kyi has decided not to attend the UN General Assembly session in order to focus on internal issues, said foreign affairs ministry spokesperson U Kyaw Zeya.
— The Irrawaddy

Ajinomoto spices up Myanmar offensive
Ajinomoto will bring production of seasonings long sold in Thailand to Myanmar, part of a broader push to expand operations into one of Southeast Asia’s most promising consumer markets.
— Nikkei Asian Review

Myanmar must establish cultivation of new plant species and seeds
Myanmar must build businesses in the cultivation of new plant species and seed production, Union Minister for Ministry of Agriculture, Livestock and Irrigation Dr Aung Thu said.
— Myanmar Times

Feature photo Christian Keller
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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.