Myanmar morning news for January 24

Myanmar morning news for January 24
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Myanmar morning newsIndustrial zones hampered by poor infrastructure but demand remains
Demand for Myanmar’s industrial zones beyond Yangon is bound to grow but poor transport and energy infrastructure have held back investments, a major study suggests.
— Myanmar Times

Cambodia, Myanmar entrepreneurs off to London as AGLP 2019 heads to China (video)
A rice trading entrepreneur from Cambodia and the head of a Myanmar agriculture and trading company have been awarded scholarships to this year’s Asean Global Leadership Program (AGLP) in London, and to the fourth edition of the AGLP Asia programme in China.
— AEC News Today

Border economic zone can support stable ties with Myanmar
Work on establishing an economic cooperation zone along the China-Myanmar border has reportedly started, with priority given to sectors including manufacturing. Amid some concerns about Chinese presence in Myanmar, the project is likely to be a good starting point in maintaining stability in the border area.
— Mizzima

Govt collects more tax than expected
The government collected more tax revenue than expected during the six-month interim period between April and September last year, U Maung Maung Win, deputy minister for the Ministry of Planning and Finance (MOPF) explained during a Union Hluttaw session on January 21.
— Myanmar Times

Myanmar’s upcoming regional investment fair to offer high hope of full growth potential
The upcoming Rakhine State Investment Fair-2019, scheduled for Feb. 21-23 at Ngapali Beach in Thandwe, Myanmar’s Rakhine state, will offer high hope of realizing full growth potential, observers said here on Wednesday.
— Xinhua

Tourist arrivals rise 3.15% in ’18
Myanmar received over 3.55 million foreign tourists last year, a 3.15 percent increase over the 3.44 million in 2017, according to the Ministry of Hotels and Tourism.
— Myanmar Times

Foreign Development in Myanmar Sparks Concern Over Transparency, Regulation
In the dusty Myanmar border town of Shwe Koko, ethnic Karen shop owner Saw Tu wipes the dust off a bag of red chili peppers as he prepares for another day of business at the local market.
— VOA

PTTEP to invest US$ 3.3 billion in Thailand, Myanmar in 2019
Thai national oil company PTT Exploration and Production (PTTEP) is expecting to spend a total of US$3.3 billion in 2019 to continue its activities in at the Zawtika gas field in theGulf of Moattama, Myanmar.
— Myanmar Times

Myanmar Workers Return Home After Fleeing Miserable Conditions at Chinese Sugarcane Plantation
Nearly four dozen migrant workers from Myanmar’s Sagaing region returned home Wednesday after fleeing from a sugar plantation across the border in southwest China’s Yunnan province, where they said they were cheated out of wages by their employer and forced to endure miserable living conditions.
— Radio Free Asia

Myanmar: China’s CITIC Construction, MAPCO to establish $500m agri venture
Beijing-based CITIC Construction, subsidiary of CITIC Group and Myanmar’s Myanmar Agribusiness Public Corporation (MAPCO) will invest up to $500 million into establishing high-end rice mills and agri-business service centers across the country, a top executive of MAPCO said.
— DealStreetAsia

Upper House wants marriage age to stay at 18
The Amyotha Hluttaw (Upper House) intends to keep Myanmar’s marrying age at 18 as part of the Child Rights Bill, which it is now deliberating.
— Myanmar Times

French Chamber of Commerce launches the 2nd edition of the Myanmar Salary Survey
CCI France Myanmar has just released online their second Myanmar Salary Survey, according to a press release.
— Mizzima

Yangon Municipal Body Invites Firms to Participate in Smart Parking Project
The Yangon City Development Committee, the municipal body, has invited expressions of interest from private companies to introduce a smart parking system in the busy downtown area.
— The Irrawaddy

Myanmar to establish coast guard
The Myanmar government will establish a coast guard force to safeguard its 2,080-km-long coastline and territorial waters, Xinhua reported.
— Mizzima

Danish Minister for taxation visits Myanmar
The Danish Ministerial delegation, led by Minister of Taxation Karsten Lauritzen paid a visit to Myanmar on 17-20 January 2019
— Scandasia

Dagon Seikkan’s housing blues
A land ownership dispute in Dagon Seikkan Township has upset a local NGO’s efforts to provide housing for low-income families, and divided a community.
— Frontier Myanmar

Workers strike over closing of S. Korean-owned plant
About 300 workers went on a 24-hour strike at the CMF Myanmar Factory 2 in Hlaing Tharyar township, Yangon, after it was closed in violation of labour laws, the workers said on Tuesday.
— Myanmar Times

UN SG’s Special Envoy arrives in Sittwe
A delegation led by Ms. Christine Schraner Burgener, UN Secretary-General’s Special Envoy on Myanmar arrived in Sittwe of Rakhine State on January 22 where she held meetings with the Rakhine State government and officials of Rakhine State parliament.
— Eleven Myanmar

First international car show underway in Myanmar
Myanmar’s first international car show is underway in Yangon. It comes in response to booming demand for new vehicles in a nation that has, until now, relied on used imports from abroad.
— NHK World

New Army Bases Spark Fears of Fresh Fighting in Kayah State
The Myanmar Army has recently established four new bases in areas of Kayah State where Karenni rebel groups remain active, evoking fear among locals that fresh clashes may break out in the area.
— The Irrawaddy

MPT to sponsor ‘The Voice Myanmar’ TV competition
Myanmar operator MPT has announced it will sponsor ‘The Voice Myanmar’ TV singing competition. To be broadcast on MRTV – 4, the competition will run from 24 February to 16 June.
— Telecompaper

Over 60,000 die yearly from tobacco-related diseases in Myanmar
More than 60,000 people in Myanmar die annually from diseases such as cancer, heart attack, hypertension and respiratory problems resulting from tobacco use, said Yangon mayor Maung Maung Soe.
— Eleven Myanmar

MPT launches Myanmar Youth Technopreneurship Development Program 2019
Myanmar operator MPT, in partnership with the Myanmar Computer Federation (MCF), has launched the Myanmar Youth Technopreneurship Development Program 2019.
— Telecompaper

Development Continues in Former Myanmar Conflict Zones, Refugees Still Wait
In Myanmar, international development continues in former conflict areas while more than 100,000 refugees and IDPs remain without a home. Steve Sandford looks at the challenges in one community in Karen state, where Chinese companies are building a resort town.
— VOA

5,184 traffic-related deaths, 26,741 injuries reported last year
There were a total of 17,451 traffic accidents nationwide in 2018, resulting in 5,184 deaths and 26,741 injuries, according to Myanmar Traffic Police Force.
— Eleven Myanmar

Foreign secretary: Myanmar’s internal situation aggravating Rohingya problem
Foreign Secretary M Shahidul Haque has said that the recent internal turmoil in northern Rakhine state of Myanmar is exacerbating the prolonged Rohingya crisis, and has sought US support in resolving the situation.
— Dhaka Tribune

Four Myanmar workers killed as pickup flips over
Four Myanmar workers were killed and 12 others injured when a pickup truck transporting them overturned on a road in Chumphon province on Tuesday night.
— The Nation (very annoying popup)

 

Feature photo Asian Development Bank

This week’s Myanmar morning news photo features acknowledges International Day of Education, January 24.

 

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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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