Myanmar Morning News For September 4

Local businesspeople, government officials hope to promote ‘Made in Myanmar’ designation
Economic experts and business leaders held a panel discussion on Saturday to discuss ways to affix local export products with a “Made in Myanmar” label to improve international opportunities and to counter the Myanmar’s reputation abroad as a poor and conflict-afflicted country.
— The Global New Light Of Myanmar

Myanmar Says Clearing of Rohingya Is Unfinished Business From WWII
As tens of thousands of Rohingya refugees stream across Myanmar’s border with Bangladesh, the Myanmar army’s commander-in-chief has defended clearing Rohingya villages as an essential step in rooting out a small band of militants armed with little more than spears or knives.
— Wall Street Journal

Myanmar building economic zone in Rakhine to boost trade with Bangladesh
A regional minister told the Myanmar Times that the zone is dedicated to promoting trade, manufacturing and services and it would also benefit ‘local residents’ in the area with the jobs created by the project.
— Bangladesh News 24

Border trade down by $165 million
The value of border trade from 1st April to 25 August this fiscal year was down by US$165 million when compared to that in the same point of last fiscal year.
— The Global New Light Of Myanmar

Myanmar can become middle-income country by 2030: Prabir De
Myanmar can become a middle-income country by 2030 and triple its per capita income, says Indian economist Prabir De.
— Mizzima

Numaligarh Refinery becomes Myanmar’s sixth fuel retailer
Assam-based Numaligarh Refinery (NRL), in joint venture with Parami Energy Group, has entered the fuel retailing business in Myanmar.
— Hindu Business Line

Narendra Modi to discuss counter-terrorism, trade, investment in Myanmar
Prime Minister Narendra Modi on Saturday said that security and counter-terrorism, trade and investment, skill development, infrastructure and energy, and culture are the key issues to be discussed during his three-day Myanmar visit.
— Business Standard

Car import permits down 60pc in 2017-18
Applications for the import of passenger vehicles are down by more than 5,000 so far this fiscal year compared to the same period in the previous fiscal year, said U Aung Htoo, deputy minister for Ministry of Commerce.
— Myanmar Times

Govt unveils environmental mining plan
An environmental management plan for mines in Lonekhin and Hpakant has been drafted and priority will be given to environmental conservation rather than profit, according to the Myanmar Gems Enterprise at the Ministry of Natural Resources and Environmental Conservation.
— Eleven Myanmar

More than a million tons of rice expected to export via Yangon Port this FY
About 400,000 tons of rice were exported so far and this financial year is expected to see about a million tons of rice export, said U Ni Aung, the Managing Director of Myanmar Port Terminals during Transport Minister’s visit.
— The Global New Light Of Myanmar

New building of Myanmar Language Commission opens in Yangon
Opening ceremony of new building of the Myanmar Language Commission was held yesterday at the building in Inya Road, Yangon.
— The Global New Light Of Myanmar

Struggle in the agriculture sector
Myanmar’s agriculture sector is under pressure from fluctuations in demand and supply for some of its main crops. The result has been high price volatility and disruptions along entire supply chains involving hundreds of businesses from farms to trading companies.
— Myanmar Times

Increased connectivity and trade sought in India-Myanmar relations
At a forum held in Yangon to celebrate and discuss 70 years of India-Myanmar relations, a key message to come out being the need to substantially increase connectivity, trade and diplomatic relations between the two neighbours.
— Mizzima

Myanmar pushes for Muslim cooperation
Myanmar is urging Muslims in the troubled northwest to cooperate in the search for insurgents, whose coordinated attacks on security posts and an army crackdown have led to one of the deadliest bouts of violence to engulf the Rohingya community in decades.
— Sky News Australia

Vietjet launches Hanoi-Yangon route
Vietnam-based Vietjet is fast expanding its services across the region and Myanmar certainly tops its list. In an interview, Dinh Viet Phuong, vice president of Vietjet, shares the airlines future plans with The Myanmar Times senior reporter Ei Ei Thu.
— Myanmar Times

Scholars point out the need for pro-active engagement of Myanmar in BIMSTEC
Myanmar needs to engage more proactively with Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) grouping as it is strategically located as a gateway for Act East Policy of India as well as Look West perspective of Thailand.
— Mizzima

Feature photo Eddy Milfort
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.