Myanmar Morning News For May 29

Myanmar Morning News For May 29

Myanmar morning newsMalaysia makes record bust of crystal meth, shipped from Myanmar
Malaysia has made its largest ever seizure of crystal methamphetamine, officials said on Monday (May 28), finding nearly 1.2 tonnes of the drug disguised as tea in a shipment from Myanmar, and arrested six suspected traffickers.
Channel NewsAsia 

Vietnam’s Viettel, partners to launch Myanmar’s first 4G network
Vietnam’s military-run telecommunication company Viettel Group and its partners will launch the first 4G mobile network in Myanmar next month to cash in on the Southeast Asian country’s fast-growing economy, the Vietnamese government said on Monday.
DealStreetAsia 

Government allocates K1.5 billion for medical research in 2018-19
A total of K1.5 billion (US$1.12 million) has been allocated for healthcare research in the coming budget year, according to U Hlaing Myint Thu, deputy director general of the Health and Sports Ministry’s Medical Research Department.
The Myanmar Times 

Myanmar police witness says searched Reuters reporters’ phones without warrant
Police in Myanmar examined the mobile phones of two Reuters reporters accused of possessing secret documents without a search warrant after their arrests in December, an officer told a court on Monday, in what has become a landmark press freedom case.
Reuters

Advans Myanmar inks funding deals worth $1.44m with Yoma Bank
Advans Myanmar, a microfinance institution backed by Luxembourg-headquartered Advans Group, and Yoma Bank have closed three financial transactions in March worth $1.44 million to support its operations in the country, according to an announcement.
DealStreetAsia 

Myanmar rolls out $2.29b mega city development projects, invites investor interest
South Korean government’s Korea Land and Housing Cooperation, Myanmar’s Alliance Star Group of Companies and Shwe Taung Company will be engaged in three mega city development projects, requiring an investment of $2.29 billion, in Myanmar.
DealStreetAsia 

Myanmar’s Anti-Corruption Fight Gathers Steam
Myanmar’s anti-corruption commission has in recent weeks sued a senior bureaucrat and begun investigating a disgraced minister, indicating a crackdown on corruption promised by the government is finally happening. Often criticized as weak and unambitious, the commission’s stepped-up efforts suggest the Southeast Asian country is joining a regional trend.
VOA 

World religious figures call for peaceful reconciliation in Rakhine state
World religious figures called for a peaceful reconciliation in religious and ethnic conflicts in Rakhine state, Myanmar, during their meeting with Myanmar’s de-facto leader Aung San Suu Kyi last week.
The Nation 

Myanmar Military Targets Other Ethnic Groups After Driving Rohingya Out
Myanmar’s military, fresh off a bloody campaign that drove most of the country’s Muslim Rohingya minority into neighboring Bangladesh, has launched a new offensive against the armed forces of an ethnic group along the northern border with China using helicopter gunships, jet fighters and heavy artillery.
The Wall Street Journal 

KNU chairman stresses need to find common ground to achieve success in political talks
The government, the military and ethnic armed groups should seek some common ground as their different goals lead to low success of peace talks, said Karen National Union Chairman General Saw Mutu Say Poe.
Eleven Myanmar 

Workers call for passage of new occupational safety law
Workers and labour advocacy groups are calling for the immediate passage of the new occupational safety and health law, which has been under discussion in parliament committee for over six years now.
The Myanmar Times

Punishing Ethnic Cleansing: EU Sanctions Myanmar Despite UN’s Resistance
The European Union has extended the scope of the punitive measures against Myanmar/Burma by broadening the current arms embargo and strengthening the export of dual-use goods for use by the military and border guard police.
EU Bulletin 

Myanmar amber preserves tick trapped in spider web for 99 million years
A tick that was caught in a spider’s web 99 million years ago in northern Myanmar has been discovered in a shard of fossilized amber, giving scientists a glimpse into the interactions between ancient arachnids.
Coconuts Yangon 

Myanmar objects to Bangladesh settlements near border
Population and families have been increasing in the prohibited place where no one lives near Myanmar-Bangladesh border out of the barbed wire fencing.
Borneo Bulletin 

Time for Myanmar to beat plastic pollution
We see it everywhere, use it everywhere. It is the miracle material that you can use for almost anything but it is now threatening our well-being and our planet more than ever. Plastic.
The Myanmar Times

Myanmar receives back first 62 returnees from Bangladesh: gov’t
Myanmar has received first 62 returnees through Nga Khu Ya reception camp in Rakhine state, who had fled to Bangladesh due to the Rakhine conflict, according to a statement from the State Counselor’s Office Sunday.
Ecns.cn

Myanmar secures Perilya, Creasy, to advance base metals play
Myanmar Metals has secured a major Australian base metals mining company Perilya Limited as a cornerstone investor for its tier 1 Bawdwin polymetallic deposit in central Myanmar.
The West Australian

Trade between Myanmar and Sweden decreases
Trade between Myanmar and Sweden reached US$55.848 million in the 2017-2018 fiscal year, which saw a slight decrease in value by $6.148 million than the previous FY, according to the latest report of the Ministry of Commerce, quoted in state media.
Mizzima 

Myanmar president names Deloitte partner new finance minister
MYANMAR’S president on Monday nominated 80-year-old Soe Win, a well-known financial professional, as the next finance minister after the previous one resigned, amid reports he was being investigated over graft accusations.
The Business Times 

Myanmar president pardons 58 Rohingyas detained while returning from Bangladesh
A total of 62 returnees were arrested by Myanmar local authorities for illegally crossing the border, Irrawaddy reports quoting a brief statement released yesterday by the State Counsellor’s Office in Yangon.
The Daily Star

 

Feature photo Jacques Beaulieu

 

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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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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