Myanmar Morning News For May 23

Myanmar Morning News For May 23

Myanmar morning newsMyanmar Rohingya militants massacred Hindus, says Amnesty
Rohingya Muslim militants in Myanmar killed dozens of Hindu civilians during attacks last August, according to an investigation by Amnesty International.
BBC News 

Thailand – Myanmar agree to boost anti-drug efforts
Thailand and Myanmar have agreed on increased border cooperation to crackdown on the narcotics trade.

Alibaba secures foothold in Myanmar market, growth in e-commerce expected
Alibaba group has established a foothold in Myanmar following the acquisition of Daraz Group, the Pakistani online shopping platform which operates Myanmar e-commerce site
The Myanmar Times 

Korea-Myanmar Industrial Complex to be in Hlegu
YANGON- US$ 110 million worth Korea-Myanmar Industrial Complex(KMIC) project will be implemented in Nyaungnapin, Hlegu Township, Yangon Region.
Eleven Myanmar 

Myanmar close to signing deal with UN agencies
The Myanmar government and two UN agencies are “close” to signing a Memorandum of Understanding (MoU) that will be crucial to frame the involvement of the two organisations in addressing the Rakhine crisis, especially with regard to the repatriation of hundreds of thousands of refugees to Myanmar.
The Myanmar Times

Illicit Drug Production Rages on in Conflict-torn Areas of Myanmar
Illicit drug production rages on in conflict-torn regions in Myanmar, with supplies being smuggled into nearby countries but also reaching as far as Australia, said the United Nations Office on Drugs and Crime (UNODC).
The Irrawaddy 

Myanmar judge allows documents police say came from Reuters reporters’ phones
A Myanmar judge on Tuesday allowed the submission of evidence police say they obtained from the mobile phones of two Reuters reporters arrested in December for alleged possession of secret documents, in what has become a landmark press freedom case.

LSE-listed Myanmar Strategic Holdings to put $150k in digital consulting startup nexlabs
London Stock Exchange-listed Myanmar Strategic Holdings Ltd is investing $150,000 as a strategic minority investment in Yangon-based digital consulting firm nexlabs, the company announced.

Government to lower eligibility age for pension payments to 85
The Ministry of Social Welfare, Relief and Resettlement, which is responsible for the care of the elderly, plans to lower the age for senior citizens who are eligible to receive social pensions to 85 years old starting in October.
The Myanmar Times 

Rs 24 crore heroin haul leads cops to new drug route via Myanmar
After the haul of heroin worth Rs 24 crore, the Special Cell of Delhi Police has stumbled on the details of the new route through which heroin is being pumped into the country from Myanmar.
The Times of India

Myanmar increases Bawdwin resource to 82m tonnes
Myanmar Metals has increased its global mineral resource estimate for its world-class Bawdwin polymetallic deposit in central Myanmar, to 82 million tonnes grading 4.7% lead, 2.4% zinc, 0.2% copper and 119g/t silver.
The West Australian

Myanmar to host first international rugby tournament
The Yangon Dragons, independent Myanmar’s first rugby club, will host the Indochine Cup 2018 this weekend, the first time the prestigious event will be held in the country.
Frontier Myanmar

Tour Operators Predict Drop in Arrivals This Year
Local tour operators say they expect foreign arrivals to decline this year with vacationers in Western countries canceling their bookings following the unrest in northern Rakhine State.
The Irrawaddy 

Banking giant ICBC praise ICT as secret behind cross-border success
Industrial and Commercial Bank of China (Asia) (“ICBC Asia”) that started out its cross-border RMB business in 2013 reports that by 2017, all relevant businesses had achieved double digit growth.
Eleven Myanmar 

Civil aviation department to take action against UAE pilot flying in no-fly zone
The Department of Civil Aviation has released an official notice to take suitable action against the pilot of a UAE Emirates flight for flying close to a prohibited airspace.
The Global Newlight of Myanmar 

Tackle graft, governance to stem ‘Golden Triangle’ meth trade: UNODC
“Golden Triangle” countries must address corruption and collaborate more closely to tackle record meth production and the gangs who traffick the drug across Southeast Asia and beyond, the UN said Monday.

Digital consulting firm nexlabs attracts US$150,000 from MSH
London-listed? Myanmar Strategic Holdings Ltd has agreed to make a strategic minority investment in Myanmar-based digital consulting firm, nexlabs, worth a total of US$150,000, the investment holding company said yesterday.
The Myanmar Times 


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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.


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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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