Myanmar morning news for October 4

EXCLUSIVE-EU considers trade sanctions on Myanmar over Rohingya crisis
The European Union is considering trade sanctions on Myanmar over the Rohingya crisis, potentially stripping the country of tariff-free access to the world’s largest trading bloc, three EU officials said.
— Thomson Reuters Foundation

India to deport seven Rohingya to Myanmar
Indian police bused seven Rohingya to the border on Wednesday to be deported to neighbouring Myanmar for illegal entry, officials and activists said, the first such move against the community.
— Aljazeera

Border trade increased by US$592 million
The value of border trade from 1 April to 31 August, during the six-month interim period prior to the next 2018-2019 financial year, increased by US$592 million, compared to the same period last year, state media reported.
— Mizzima

Property prices crash in Mandalay as tax bites
Real estate agents in Mandalay said property prices in some of the region’s less populated areas have fallen by half and transactions are almost non-existent.
— Myanmar Times

Myanmar adds to its visa-free list
Myanmar has extended its visa-free offer to Hong Kong and Macau travellers according to a report from the Myanmar Tourism Federation released Wednesday.
— TTR Weekly

Calls out for investments in China-Myanmar border economic zone
Union Minister for Commerce Dr Than Myint has called on local entrepreneurs to invest in a border economic zone project in China-Myanmar.
— Eleven

Myanmar should revise laws used for political aims: US panel
The US Congressional Research Service (CRS) has said Myanmar’s state counselor Aung San Suu Kyi and her National League for Democracy (NLD)-led government “have failed to fulfill” its promise not to “arrest anyone as political prisoners”, according to a report dated Sept 24.
— Asia Times

Don’t blame Rakhine on “economic malaise”, business groups warn, calling for less protectionism, gerontocracy
Two major business groups in Myanmar have warned against blaming all of the country’s economic woes on the northern Rakhine crisis, urging the government to tackle protectionism, involve the younger generation and provide clarity in the regulatory environment.
— Myanmar Times

YSX-listed FMI units acquire 70% stake in SEIN Hospital for $4.9m
Pun Hlaing International Hospital Limited and Yoma Siloam Hospital Pun Hlaing Limited (YSHPH), the subsidiaries of First Myanmar Investment Co Ltd, have acquired a 70-per cent stake in SEIN Hospital in Taunggyi for $4.9 million.
— Deal Street Asia

Denmark to provide aid after Occupational Safety and Health Law emerges
Denmark will continue to provide aid in new sectors that will emerge after Myanmar has enacted the Occupational Safety and Health Law.
— Eleven

Farmers, activists demand overhaul of land laws
MORE THAN 600 farmers, activists and lawyers called for comprehensive land law reform at a conference held in the hills near Pyin Oo Lwin in Mandalay Region early in September to discuss the impact of land use laws on grassroots communities.
— Frontier Myanmar

Myanmar Red Cross Society can accept international donations but they must be free from rope used to truss up: President
Myanmar Red Cross Society can accept the donations made from the international community, but they must be free from a rope used to truss up, said President Win Myint.
— Eleven

‘Window is closing’: business leaders vent frustrations over govt’s economic performance
Business leaders in Myanmar have cast serious doubts on the government’s management of the economy for the last 2.5 years, with one domestic investor warning that “the window is closing” on reforms and a leader of an Asian business group criticising Nay Pyi Taw as working “in silos” and having “no urgency to get things done”.
— Myanmar Times

Ride-hailing app FastGo to launch in Indonesia, Myanmar; PH next
Vietnamese ride-hailing service, FastGo has announced it will launch its service in Indonesia and Myanmar – its two first international markets – by the end of this year.
— Viet Nam News/ Inquirer.net

Union Minister seeks assistance from UNISDR to reduce disaster impacts
Union Minister for Social Welfare, Relief and Resettlement Dr. Win Myat Aye, who is in Geneva, Switzerland, attending the 69th Executive Committee of the High Commissioner’s Programme (Ex-COM), received Ms. Mami Mizutori, Assistant Secretary-General and Special Representative of the Secretary-General for Disaster Risk Reduction, at the United Nations Office for Disaster Risk Reduction.
— Global New Light Of Myanmar

Workers Strike for 44th Day at Chinese-Owned Garment Factory
More than 200 workers from the Fu Yuen garment factory in Yangon Region’s Dagon Seikkan Industrial Zone continued their sit-in strike for a 44th day on Wednesday, vowing to stand firm in their demands for labor rights and the reinstatement of fired colleagues.
— The Irrawaddy

Water Shortage Shoot Up Rohingya’s Hardships in Camps
Water shortage in a refugee camp of Coxsbazaar, Bangladesh shot up Rohingya’s hardships and they are seen to be standing in a long queue for five days, according to reports received on 29th September 2018.
— Rohingya Vision

Fixed broadband next phase of growth in Myanmar telecomms: ZTE
Yan Xiao, CEO of ZTE Myanmar, is convinced the next big area of growth in the Myanmar telecommunications sector lies in high-speed, fixed broadband internet.
— Myanmar Times

Myanmar’s peace can only be successful when JMC’s implementation is effective
Myanmar’s peace process will only become successful when effective implementation is carried out by the Joint Monitoring Committee (JMC), the Mon National Liberation Army (MNLA)’s chief of staff Maj-Gen Layi Gakao, who is joining the JMC-U delegation’s observation trip to Nepal, said.
— Burma News International

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.

Myanmar morning news for October 4 added by Stella-maris Ewudolu on October 4, 2018
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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.