Myanmar morning news for November 6

Myanmar morning news for November 6

Myanmar morning newsMother Finance set to transform credit access in Myanmar
Access to credit will no longer be a problem for Myanmar people thanks to an innovative consumer lending application which allows anyone with a smartphone to easily apply for a loan regardless of their financial records, according to Theta Aye, founder and chief executive of Mother Finance Co.
— The Nation

Reuters Reporters in Myanmar Appeal Against Conviction in State Secrets Case
YANGON — Lawyers for two Reuters reporters jailed for seven years in Myanmar lodged an appeal on Monday against their conviction on charges of breaking the country’s Official Secrets Act.
— The New York Times

Myanmar’s Ruling Party Wins 6 of 13 By-Election Seats
YANGON, Myanmar — Myanmar’s ruling party led by Aung San Suu Kyi has won at least six seats in by-elections to fill 13 of the 1,171 seats in national, regional and state parliaments, according to preliminary results released Monday.
— The New York Times

Myeik fish auction market project still stalled after a year long approval
Myanmar has yet to implement a fish auction market project in Myeik of Taninthayi Township although over a year has passed since the parliamentary approval from the majority of MPs, said Dr Win Myint, secretary of the upper house committee for agriculture, livestock and fishery development at the largest ever fishery symposium held at Myanmar Fisheries Federation headquarters.
— Eleven Myanmar

Myanmar looks East
The government of Myanmar has launched a major investment drive centred on Asian countries in the face of declining interest from the West.
— Bangkok Post

Setback for Suu Kyi in Myanmar by-elections
Myanmar’s ruling party led by the country’s de-facto leader Aung San Suu Kyi lost a constituency it previously held to the military-backed opposition party in by-elections held on November 3, preliminary results showed.
— Investine

Myanmar Music Wave 2018 to be held in December
The show will include a variety of performers from popular musical genres such as rock, hip hop and pop with the participation of vocalists Sai Sai Kham Hlaing, J-Me, Snare, Bunny Phyo, Wai La, Ni Ni Khin Zaw, Chan Chan, Jewel, other famous vocalists and bands and DJs.
— Eleven Myanmar

Losers Question Legitimacy of Early Votes in Kachin Military Bases
Six candidates contested the seat for constituency No. 2. Three of them — including the candidates for the ruling National League for Democracy (NLD) and the Kachin Democratic Party (KDP) — did not sign Form 19 endorsing the declared winner, claiming the vote was not transparent.
— The Irrawaddy

Myanmar by-election results a ‘warning shot’ for NLD
Thirteen seats mean little for a country with over 1,000 parliamentary seats, yet the provisional results of Myanmar’s by-election over the weekend gives a foretaste of the shifting political momentum.
— The Straits Times

Myanmar’s ruling party loses 1 seat in by-elections
Myanmar’s ruling party led by the country’s leader Aung San Suu Kyi lost a constituency it previosly held, to the military-backed opposition party, in by-elections held over the weekend, preliminary results showed Sunday.
— Nikkei Asian Review (paywall)

By-election fair and meets international standards: Human Rights Commission
Myanmar Human Right Commission announced on November 4 that they found no unusual activities in polling stations that they observed and that the election met international human rights standards.
— Eleven Myanmar

Sample the Freshest Catch at Novotel Yangon
All the chefs are ready to prepare the dishes fresh, right in front of you. This kind of service is only to be had at the Novotel Yangon Max.
— The Irrawaddy

By-election results are unexpected: NLD
The results of 2018 by-election did not meet their expectation, said Dr Zaw Myint Maung, Vice Chairperson (2) of the National League for Democracy (NLD).
— Eleven Myanmar

Shan Armed Group Claims Military Warned Locals of Arrest For Association
The Restoration Council of Shan State (RCSS) claims that the Myanmar military last week warned ethnic Shan living in northern Shan State that they could be arrested under the Unlawful Associations Act if they interact with the armed group.
— The Irrawaddy

Ruling NLD secures seven out of 13 vacant seats in by-election
The NLD won Tamwe Township Constituency, Minbu Township Constituency-2, Ottwin Township Constituency-1, Shan Ethnic Affairs parliament seat for Mandalay Region, Thabeikkyin Township Constituency-1, Myingyan Township Constituency and Kanpetlet Constituency.
— Eleven Myanmar

Reuters Reporters Appeal Against Conviction in State Secrets Case
Lawyers for two Reuters reporters jailed for seven years in Myanmar lodged an appeal on Monday against their conviction on charges of breaking the country’s Official Secrets Act.
— The Irrawaddy

Suspect’s Father Gave Slain Facebook Comedian’s Family 150 Million Kyats, Court Told
The family of one of the accused in the murder of a popular Facebook comedian gave 150 million kyats to his family in exchange for dropping the case, an official of the national anti-graft body said in court on Friday.
— The Irrawaddy

Myanmar receives over half of overall trade from Muse border
Myanmar earned about US$480 million from overall border trade volume during October 1 to 26 in 2018-19 FY and half of them had come from Muse border trade zone, according to Ministry of Commerce.
— Eleven Myanmar

Whisky mogul takes aim at foreign liquor producers over illegal imports
A half-hearted crackdown on the sale of imported liquor in Yangon has drawn attention to an increasingly bitter fight between liberalisers and protectionists.
— Frontier Myanmar

FATF to review Myanmar over money laundering concerns
YANGON — An assessment of Myanmar’s efforts to tackle money laundering and terrorist financing has found significant weaknesses, including a failure to recognise the “serious” money laundering risks that the country faces.
— Frontier Myanmar

Tatmadaw Releases Three of 15 Detained Kachin Clergypersons
Civil society representatives fear that the pastors will be charged with violating Article 17(1) of the Unlawful Associations Act.

Myanmar eyes e-commerce for jobs, trade and economic growth
Government officials, donors and partners have met to consider the United Nations Conference on Trade and Development (UNCTAD)’s appraisal of how e-commerce can boost Myanmar’s economy and the next steps forward.
— Mizzima

Myanmar’s ruling party wins parliamentary by-election
Myanmar’s ruling party National League for Democracy (NLD) has won six of the 13 parliamentary seats in the parliament’s by-election on November 3, according to the country’s Union Election Commission (UEC).
— Vietnam+

Reuters reporters in Myanmar appeal against conviction in state secrets case
Lawyers for two Reuters reporters jailed for seven years in Myanmar lodged an appeal on Monday against their conviction on charges of breaking the country’s Official Secrets Act.
— The Star Online

Inside the Myanmar surgical strikes war room
Inside a secret war room of an army mountain division, some 15 feet underground in the basement of a building on a hill, a two-star general in combat fatigues details the long-running security challenges Manipur faces and how insurgent safe havens across the border in Myanmar imperil the state’s stability.
— Hindustan Times

Road linking Myanmar and Thailand to be upgraded
A proper highway will soon connect the planned special economic zone at Dawei in southeastern Myanmar with Thailand’s road network, The Irrawaddy, a Myanmar website, reported on November 2.
— Asia Times

Problems rise for micro-finance borrowers
Microfinance institutions (MFIs) in Myanmar have lent more than K3.9 trillion to three million small-scale borrowers since the business of microfinance emerged in the country up until February this year, according to Financial Regulatory Department under the Ministry of Planning and Finance.
— Myanmar Times

Myanmar’s ruling party wins 6 of 13 by-election seats
YANGON, Myanmar (AP) — Myanmar’s ruling party led by Aung San Suu Kyi has won at least six seats in by-elections to fill 13 of the 1,171 seats in national, regional and state parliaments.
— San Francisco Chronicle

Myanmar remains worst place in ASEAN for doing business, World Bank ranking shows
Myanmar has failed to improve its ease of doing business ranking for the third consecutive year, with the latest figures from the World Bank showing that the country remains the worst place in ASEAN to conduct business.
— Myanmar Times

Jailed Myanmar Reuters reporters file appeal
YANGON – Lawyers for two Myanmar Reuters journalists filed an appeal Monday against their seven-year jail sentence linked to their reporting on the Rohingya crisis, the news agency said.
— Bangkok Post

Expectations high for host Myanmar to rank highest in AUG
Two unknown Myanmar mixed martial arts (MMA) fighters won their debut bouts against the Thais at the Full Metal Dojo 16: Big Trouble In Little Bangkok (FMD16) MMA event held at the Insanity Nightclub in Bangkok on November 3.
— Myanmar Times

Reuters reporters in Myanmar appeal conviction
YANGON, Myanmar: Lawyers for two Reuters reporters jailed for seven years in Myanmar lodged an appeal on Monday against their conviction on charges of violating the Official Secrets Act.
— Bangkok Post

Myanmar seeks to boost savings
Myanmar is drafting a National Savings Mobilisation Strategy to encourage citizens to save more, Deputy Minister of Planning and Finance U Maung Maung Win said yesterday at the World Savings Day forum held in collaboration with the Yangon University of Economics, UN Capital Development Fund (UNCDF) and GIZ.
— Myanmar Times

GSP: the hidden iceberg to the Myanmar crisis
Contrary to the current focus on high-stake humanitarian diplomacy, the EU should use its Generalised Schemes of Preferences (GSP) rewards to nudge Myanmar and Bangladesh to collaborate on common practice areas such as aquaculture and garment manufacturing, which includes textiles, clothing and footwear (TCF).
— Myanmar Times

Myanmar holds art festival to raise wildlife conservation awareness
Myanmar held an art and music festival, ‘Voices for Wildlife’, aiming to support the government’s combat on illegal wildlife trade as well as to raise awareness of wildlife conservation in the country.
— Borneo Bulletin

Myanmar ethnic festival in Jan
YANGON: Myanmar plans to hold an ethnic culture and tourism festival here in January next year to promote tribal groups.
— The Shilling Times


Feature photo Tribal Action Group


This week’s Myanmar morning news feature photo acknowledges World Science Day for Peace and Development, November 10.

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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Maria Mirasol Rasonable graduated with a Bachelors Degree in journalism from Polytechnic University of the Philippines, Santa Mesa, Manila, Philippines.

She previously covered police rounds for Philippine Daily Inquirer as a trainee before becoming editorial staff at Gospel Komiks under the Communication Foundation for Asia (CFA-MG), Santa Mesa, Manila where she wrote lifestyle and trending fashion and styles articles.

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