Myanmar morning news for October 1

Myanmar morning news for October 1

Myanmar morning newsPope presents US$100,000 for Rakhine State
Union Minister for Religious Affairs and Culture Thura U Aung Ko transferred the cash donated by His Holiness Pope Francis to Rakhine State government yesterday.
— Global Newlight of Myanmar

Myanmar ‘resolutely rejects’ ICC ruling on Rakhine; voices ‘serious concerns’ over UN human rights report
“The ICC decision was made on dubious legal grounds and applied to a situation where domestic remedies have not yet been exhausted,” said Kyaw Tint Swe, Union Minister for the Office of the State Counsellor, Daw Aung San Suu Kyi.
— AEC News Today/ PR Newswire

“Debt trap” alert arises in Myanmar as more “Belt and Road” projects scrapped
Pakistan has recently halted agreements reached under China’s Belt and Road Initiative, including the Pakistan-China Economic Corridor seeking to connect Asia and Europe along the same route as the ancient Silk Road, because it was found to unfairly benefit Chinese companies.
— Thai PBS World

Canada Strips Myanmar’s Aung San Suu Kyi Of Honorary Citizenship
The Canadian parliament has unanimously voted to strip Myanmar’s leader Aung San Suu Kyi of her honorary citizenship over her handling of the Rohingya crisis.
— Investvine

Citizen investment hits over Ks-17,714 billion in eight months
Until August this year, Myanmar citizen investment reached over Ks-17,714 billion, with the housing development, manufacturing, transport and communication and hotels and tourism sectors topping the list of citizen investments, according to the figures from Myanmar Investment Commission.
— Eleven

57-nation Bloc OIC Convenes Global Leaders at UN General Assembly to Tackle Myanmar War Crimes and Rohingya Crisis
The Organisation of Islamic Cooperation, the world’s largest inter-governmental body after the United Nations, organised a high-level event at the UN General Assembly to address the Rohingya crisis and war crimes by Myanmar’s armed forces against the Muslim Rohingya minority.
— AEC News Today/ PR Newswire (media release)

Myanma Insurance generates over Ks181 bn in state revenue in three years
The State has received over Ks181 billion in tax revenue from Myanma Insurance over the past three financial years, said Minister for Planning and Finance Myint Thaung during a session of Yangon Region Parliament held on September 21.
— Consult-Myanmar

Myanmar-India border trade hits $87 mn
Border trade between Myanmar and India reached $87 million as of September 21 during the six-month transitional period which started in April, the Commerce Ministry said here on Sunday.
— Business Standard

Myanmar-Australia trade decreases by $20 million in four months
BILATERAL trade between Myanmar and Australia, a country in Oceania, within the four months in the present six-month fiscal period, totalled US$43.9 million, down by $20.039 million from this time last year, according to the Ministry of Commer.
— Global Newlight of Myanmar

Number of Chinese tourists increase by 34 pc
From January to July this year, the number of Chinese tourists increased by 34 per cent even though Myanmar has not implemented visa-on-arrival system for the Chinese, said Khin Than Win, Director-General of Department of Hotels and Tourism at an economic talk on tourism, according to the State-owned newspaper.
— Eleven

World Bank-financed Southeast Asia Disaster Risk Management Project continues
Southeast Asia Disaster Risk Management Project is now being implemented with the use of loans from World Bank, Yangon Mayor U Maung Maung Soe said at the 11th day of the seventh regular session of the second Yangon Region Hluttaw held on 27 September.
— Global Newlight of Myanmar

Midterm report card: Myanmar’s economy is not working
As the National League for Democracy-led government is half-way through its five-year term, the empty hotel rooms, plight of small businesses and falling investor confidence paint a bleak economic picture.
— Myanmar Times

Australia must demand Myanmar war crimes tribunal, says investigator
The Morrison government should use its regional clout to demand a peacekeeping mission and war crimes tribunal in response to humanitarian crimes in Myanmar, says a top Australian investigator.
— The Sydney Morning Herald

Over 90 investment enterprises enter Myanmar’s Yangon region
Myanmar’s Yangon Region Investment Committee (YRIC) has permitted 92 investment enterprises from 10 foreign countries so far, the official Global New Light of Myanmar reported Sunday.
— Xinhua

MPE to distribute 2 million gallons of gasoline at Ks3,800 per gallon in October
Myanmar Petrochemical Enterprise (MPE) will distribute two million gallons of petrol at a price of Ks3,800 per gallon in October, according to sources from the Ministry of Electricity and Energy.
— Eleven

Visa restrictions relaxed for visitors from Japan, China and Hong Kong
With the aim of increasing tourism business in Myanmar, ordinary passport holders from Japan, South Korea, China, Hong Kong and Macao will have visa entry relaxed as 1 year of probation period from 1 October 2018 to 30 September, 2019, state media reported.
— Mizzima

Mahathir withdraws support for Myanmar leader Suu Kyi
Prime Minister Tun Dr Mahathir Mohamad has withdrawn his support for Myanmar leader Aung San Suu Kyi over her inaction with regards to the Rohingya crisis in her country.
— The Sun Daily

Rice export earnings hit over $ 370 m
From April to mid-September this year, Myanmar exported more than one million tons of rice and broken rice to 42 countries, according to the Commerce Ministry.
— Eleven

China sets up Enterprises Chamber of Commerce in Myanmar
The opening ceremony of China Enterprises Chamber of Commerce in Myanmar (CECCM) was held in Myanmar’s largest city of Yangon late Friday.

Myanmar told to start repatriation
ASEAN countries have reminded Myanmar to begin the repatriation of more than 700,000 Rohingya who were forced across the border over the past year, as patience is wearing thin among members of the international community, even among ASEAN member states.
— The Jakarta Post (paywall)

One-thirds of automobile sale centers closed
One-thirds of automobile sale centers have been closed, said Dr Soe Tun, chair of Myanmar Automobile Manufacturers and Distributors Association at a business talk at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) on September 29.
— Eleven

Swiss company acquires
Ringier AG, a media group based in Switzerland, has acquired Pyramid Solutions Co. Ltd., which operates Myanmar´s classified job online portal,
— Myanmar Times

Second-hand car sales centers likely to close down by 2019
All second-hand car sales centers are possible to close down by 2019, said Dr. Soe Tun, president of Myanmar Automobile Manufacturers and Distributors Association.
— Global Newlight of Myanmar

Assam to deport seven Myanmar nationals on October 4
Assam is scheduled to deport seven Myanmarese nationals lodged in a detention camp at Silchar in Cachar district on October 4, sources said on Thursday.
— The Indian Express


Feature photo Asian Development Bank

This week’s Myanmar morning news feature photo acknowledges World Teachers’ Day, October 5.


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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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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