Myanmar Morning News For September 19

Western powers warn Suu Kyi on Rohingya before speech
Britain led world powers Monday in warning Myanmar of potential action if leader Aung San Suu Kyi does not move to end a campaign against the Rohingya minority.
— The Nation

B’desh sets aside rift on Rohingya issue with Myanmar to ease rice shortage
Bangladesh is to buy rice from Myanmar, putting aside worsening relations over the Rohingya refugee crisis as the government races to overcome a shortage of the country’s staple food.
— Business Standard

Group calls for new Myanmar sanctions
A rights group has called for targeted sanctions and an arms embargo against the Myanmar military in response to an offensive that has sent 410,000 Rohingya Muslims fleeing to Bangladesh to escape what the United Nations has branded ethnic cleansing.
— Sky News Austalia

Myanmar-HK ties boosted by CE visit
Hong Kong’s Chief Executive Carrie Lam visited Myanmar on 14-17. It is the first visit to Myanmar by a Hong Kong leader.
— Myanmar Times

Few have insurance but interest is rising
Few business people in Myanmar buy insurance policies to cover their lives, let alone goods and vehicles, said Dr Sandar Oo, managing director of Myanmar Insurance Enterprise (MIE), which is under the Ministry of Planning and Finance.
— Myanmar Times

Myanmar-China summit held in Yangon as part of 24th WCEC
A Myanmar-China business summit was held at the Sule Shangri-La Hotel in Yangon Saturday evening as part of the 14th World Chinese Entrepreneurs Convention (WCEC), Xinhua reported.
— Mizzima

Centre to file reply on plea challenging Rohingyas deportation
The Centre today apprised the Supreme Court that it would be filing during the day its response to a PIL challenging deportation of Rohingya Muslims to Myanmar.
— Business Standard

Ooredoo CEO: ‘Everyone in Myanmar needs to send money’
Ooredoo is set to launch its mobile money platform M-Pitesan next month after recently receiving a mobile financial services licence.
— Frontier Myanmar

Firm accused of cheating investors changes name, stays in business
The Malaysian-owned company that swindled millions of dollars from local investors has changed its name and is now being run by two Myanmar people, U Kyaw Swa Hein, a former director of the firm has told the media.
— Myanmar Times

Unblocking the path to capital freedom
Myanmar’s financial sector must progress towards becoming more inclusive of small and medium enterprises (SMEs), which form the backbone of the country’s economy, but face difficulties obtaining access to funds for expansion and growth.
— Myanmar Times

Export earnings from natural gas on the rise
Up to early September, Myanmar’s export earnings from natural gas exceeded US$1.2 billion, up nearly $7.986 million from the same period last year, according to the commerce ministry.
— Eleven Myanmar

Monitoring system updated for Thilawa SEZ and Yangon River
Myanmar-Japan Thilawa Development Limited (MJTD) set up a weather monitoring system, using Japanese technology, at Thilawa Special Economic Zone and surface water level sensor on the Yangon River, said MJTD.
— Myanmar Times

Feature photo FAO/Hkun Lat
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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.