Myanmar morning news for April 10

Myanmar morning news for April 10

Myanmar morning newsGolden Myanmar Airlines gets permission for jet fuel business
Golden Myanmar Airlines has received Myanmar Investment Commission approval to operate an aviation fuel business, in the first sign of competition for the state-backed monopoly that airlines say has undermined their viability.
— Frontier Myanmar

Myanmar may see strategic deals as banking sector opens up for global players
Myanmar may be in for some strategic deal-making activity in the banking sector as it enters a new phase of growth since the regulations surrounding foreign banks’ participation in the country were relaxed early 2019.
— DealStreetAsia

IRD spends K3 billion on tax stickers annually: official
The Internal Revenue Department (IRD) has been spending K3 billion annually buying tax stickers from other countries, said Daw Swe Swe Khaing, deputy director of that department.
— Myanmar Times

Myanmar opens insurance market to Prudential and others
Five foreign companies have been granted provisional licences to issue life insurance policies through subsidiaries following more than two years of delay in opening up the Myanmar market.
— International Investment

Cost-effective services to boost Myanmar’s tourism industry
Mingalabar! is a greeting that every tourist normally hears as they just land on Myanmar. This word represents honesty and moral principles of Buddhism. It also has profound insight in daily practices.
— Global Newlight of Myanmar

UN: Recent Myanmar army attack may have killed dozens of Rohingya
UN says it has unconfirmed reports suggesting that as many 30 people may have been killed in Rakhine state attack.
— Aljazeera

Paddy trade in Shwebo cools ahead of Thingyan festival
Paddy trade in Shwebo, Sagaing Region, has cooled off ahead of the Thingyan festival, but the prices have not declined, according to local rice brokers.
— Global Newlight of Myanmar

Trade balance shows deficit of more than US$ 930 million
The trade balance has shown a deficit of more than US$ 930 million in six months of 2018-2019 FY and it downed to US$ 1.1 billion compared to the same period of last year, according to the statistics of the Ministry of Commerce.
— Eleven Myanmar

Myanmar’s first directors certification course concludes
Thirty professionals and regulators became the first batch of directors to be certified in Myanmar, following the conclusion of the country’s inaugural Directors Certification Programme.
— Myanmar Times

44 Places in Myanmar to Inspire and Delight
Kawthoung is the city located at the southernmost tip of Myanmar and a quick boat across the water from Thailand’s Ranong. It bustles with trade and tourism and crowds come from Thailand and beyond every day to get a taste of the nearby Myeik Archipelago. The leafy park above the coast road at Victoria Point features a giant statue of King Bayintnaung wielding his sword towards Thailand. This is also a great spot for views across the busy harbor below.
— The irrawaddy

Myanmar, Bangladesh to cooperate in border security, rule of law
Myanmar and Bangladesh will cooperate in border area security and rule of law, according to a meeting of senior officials of border guard forces of the two countries held in Myanmar’s capital Nay Pyi Taw.
— Xinhua

Huawei announces higher 2018 earnings supported by Myanmar demand
Huawei announced a set of good results for the 2018 financial year, with earnings coming in at US$8.6 billion, up by 25 percent year-on-year, on the back of US$105.2 billion in revenues, which are up 19.5pc over the same period. This was driven by growth in the company’s main consumer business, which saw sales rise by 45pc year-on-year, the company said.
— Myanmar Times

It’s party time for Myanmar’s largest armed ethnic faction
Myanmar’s largest armed ethnic faction, the United Wa State Army (UWSA), will be throwing a party next week to celebrate the 30th anniversary of its founding. With festivities reverberating across the Wa Hills of eastern Shan State and down on Wa-run territory along the border with Thailand, it promises to be a big bash with some big political implications.
— Asia Times

Chinese govt to play mediator in sending back Rohingyas refugees from Bangladesh to Myanmar
In a significant development, the Chinese Communist Party (CPC) signed a memorandum of understanding (MoU) with the ruling Bangladesh Awami League last week.
— Economic Times

Public health hinges on safe medical waste disposal
At 6pm each day, Ko Aung Si Thu, an employee of the Yangon City Development Committee (YCDC), starts collecting garbage on Anawrahta street in Pazundaung township.
— Myanmar Times

US eyes financing opportunities in energy, infrastructure
The Overseas Private Investment Corporation (OPIC) is looking for financing opportunities in the energy and infrastructure sectors in Myanmar, Eric Jones, OPIC Chief of Staff, said last week.
— Myanmar Times

Third-Year Reform Agenda of Ministry of Social Welfare, Relief and Resettlement
”Endeavors are being made by the ministry for development, including social protection, safety from harm, provision for rapid assistance, and improvement of conditions.”
— Global Newlight of Myanmar

Government to distribute leaflets containing repatriation information
Union Minister of Social Welfare, Relief and Resettlement Dr. Win Myat Aye told Mizzima that his ministry would distribute information pamphlets at refugee camps in Bangladesh on repatriation.
— Mizzima

Rates for camera, video permits in Bagan cultural zone revised downwards
The Department of Archaeology and National Museum (Bagan) has revised its fee for issuing photography and filming permits in the Bagan ancient cultural zone, following which, the rates for camera permits have become lower compared to earlier.
— Global Newlight of Myanmar

Myanmar Voyages gearing up for a ride on tourism boom
IN VIEW of the Asian Development Bank’s projection that tourism will become a key driver of Myanmar’s economic growth in the next two years, Myanmar Voyages Co, the leading destination management company (DMC) in the country, is boosting its readiness to cash in on the tourism boom, said the firm’s managing director Thet Lwin Toh in an exclusive interview with The Nation in Yangon.
— Eleven Myanmar

Yangon pedestrians feel 3D zebra crossing safer
Recent research has shown pedestrians in Yangon prefer 3D zebra to the traditional ones.
— Global Newlight of Myanmar

Innovative products, handicrafts exhibited at Maker Fest Myanmar 2019
The Maker Fest Myanmar 2019 took place from 9 a.m. to 4 p.m. last Saturday at the Jefferson Centre in Mandalay, and featured innovative products and handicrafts made by young makers.
— Global Newlight of Myanmar

Myanmar farmers banned from planting crops near Chinese pipeline
Myanmar farmers have been barred for five years from planting crops along the route of a Chinese oil and gas line and are protesting new requests by an affiliate of the pipeline company to take control of the adjoining land once restrictions end, according to an RFA report.
— Mizzima

Union Minister reviews air pollution in Tachilek
The Union Minister for Natural Resources and Environmental Conservation U Ohn Win yesterday reviewed air pollution in Tachilek, caused mostly by burning of agricultural waste and forest fires, state media has reported.
— Mizzima

Myanmar’s Military Chief in Beijing on Goodwill Visit
YANGON—Myanmar military chief Snr-Gen Min Aung Hlaing is currently in Beijing on a goodwill visit at the invitation of China’s Central Military Commission and Chief of Joint Staff Gen. Li Zuocheng to hold talks with leaders of the Chinese People’s Liberation Army and tour training schools, factories and other significant places.
— The Irrawaddy

Brexit battle | Bangladesh faces off with Myanmar: WATCH the top World news videos for today
Labour Party leader Jeremy Corbyn says that the Government did not seem to be “moving off the original red lines” in achieving a compromise Brexit deal.
— News24

Quenching Myanmar’s Thirst for Craft Beer
On a hot summer morning at a riverside plot in Yangon’s North Dagon, a small team of brewers carry sacks of grain imported from Germany on their shoulders to a small mill.
— The Irrawaddy

Myanmar nuns empower the disabled
In a small village in Myanmar’s Shan State, 13 nuns have been working for decades to show local adults and children that having a physical or mental handicap does not preclude them from living a functional life.
— UCA News


Feature photo Refugees International


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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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