Myanmar morning news for October 9

Myanmar morning news for October 9

Myanmar morning newsWorld Bank cuts Myanmar’s growth forecast to 6.2%
The World Bank has revised downwards its forecast for Myanmar’s economic growth by 0.5 percentage points to 6.2 percent in the fiscal year 2018-19.
— Myanmar Times

Mandalay Port to modernise with grant
Myanmar’s Directorate of Water Resources and Improvement of River Systems (DWIR), under the Ministry of Transport and Communications, has signed an agreement with Japan International Cooperation Agency (JICA) for a grant worth ¥6 billion (K79.8 billion) that will be used for the development of Mandalay port.
— Myanmar Times

Myanmar removes St Martin’s Island from their map
Myanmar has removed Bangladesh’s St Martin’s Island from their map, the Ministry of Foreign Affairs confirmed.
— Dhaka Times

Suu Kyi promises ‘transparency’ over Rohingya atrocities
Embattled leader Aung San Suu Kyi vowed Monday to increase transparency over her government’s handling of the Rohingya crisis while pitching for foreign investment in Myanmar ahead of a regional summit in Tokyo.
— Dhaka Times

Higher US interest rates, oil prices crimping economy
Higher US interest rates and global oil prices are putting pressure on Myanmar’s economy.
— Myanmar Times

Cabinet clears Narcotics Control Act draft with death penalty for smuggling, selling yaba
The Cabinet has approved in principal the draft of Narcotics Control Act 2018, introducing provisions of death sentence as maximum punishment for producing, smuggling, distributing and using over 5gm of banned drug yaba.
— Dhaka Times

Muslim Communities Lack Freedom of Movement in Myanmar’s Rakhine State
U.N. officials report Rohingya Muslims live in fear and mistrust and are not allowed to move around freely in Myanmar’s Rakhine State.
— VOA

80.55% fail DU Cha unit admission test
About 80.55% of the candidates have failed the undergraduate admission test of “Cha” unit of Dhaka University (DU), under its Fine Arts Faculty, for the 2018-19 academic session.
— Dhaka Times

Myanmar to hold investment fairs to spur development
Myanmar is making preparations to hold a business forum in Mandalay, the country’s second largest city in the north, on Nov. 9, aiming to promote trade and investment for the development of Mandalay region, according to the Directorate of Investment and Company Administration (DICA) Monday.
— Xinhuanet

Trade with US less than one tenth of Sino-Myanmar trade
US-Myanmar bilateral trade has increased as a result of the Generalised Scheme of Preferences (GSP) granted to Myanmar by the US, with Myanmar export increasing.
— Myanmar Times

Myanmar’s Suu Kyi visits organic farm in Fukushima Pref
Myanmar leader Aung San Suu Kyi, currently in Japan for a regional summit, visited Fukushima Prefecture on Sunday to tour a farm that employs workers with various disabilities.
— Japan Today

A celebration of diversity, harmony and love
The two highly respected international organisations set up camp in Mandalay from August 27 to 31 to train 21 aspiring photographers from across the country.
— Myanmar Times

China’s 9 Air spreads its wings in Mandalay
One of China’s most popular airlines, 9 Air, began a Guangzhou-Mandalay route last week, boosting the country’s sagging tourism industry amid increasing interest in the jade market.
— Myanmar Times

Myanmar calls for using Myanmar language on product packaging
The Myanmar Ministry of Commerce has called for using the Myanmar language on products’ package along with other languages to ensure consumers’ safety.
— Xinhuanet

Gambling shops become hub of drug users in Shan
Residents of Panghsang town in Shan State have expressed concern about gambling places that have sprouted up in the area, becoming a source of illegal drugs.
— Myanmar Times

Myanmar’s shirked duty
They were driving a pickup with 700 one-kilograme bags of crystal methamphetamine, a so-called recreational drug without medical or social value.
— Bangkok Post

Vice president says country needs National Land Law
Second Vice President U Henry Van Thio said parliament needs to enact a National Land Law that can deal with the challenges facing the country in land use management.
— Myanmar Times

UN starts second round of Rakhine assessments
The United Nations High Commissioner for Refugees (UNHCR) and the UN Development Programme (UNDP) returned to northern Rakhine on Friday for a second round of visits to assess the needs of communities in the strife-torn state, a UNHCR official said.
— Myanmar Times

 

Feature photo UCL

This week’s Myanmar morning news feature photo acknowledges World Post Day, October 8.

 

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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