Myanmar morning news for February 14

Myanmar morning news for February 14

Myanmar morning newsPTTEP to raise investments in Myanmar offshore projects to maintain gas production
Since 2014, a total of 345 million cubic feet of natural gas for daily domestic consumption and export to Thailand is channeled from the offshore Zawtika Project in the Gulf of Moattama to the Zawtika Operation Center (ZOC) in Kanpauk Township, Tanintharyi, said Mr Piya Sukhumpanumet, general manager of PTTEP Myanmar Assets.
— Myanmar Times

Myanmar to drop charges against ethnic minority protesters in Aung San statue dispute
Myanmar will drop charges against dozens of ethnic minority protesters who demonstrated against a statue of independence hero General Aung San and will hold talks with them, state media said on Wednesday, offering a rare concession.
— South China Morning Post

Rohingya refugee repatriation: Why Asean cannot impose deadline
The Rohingya refugees who fled Myanmar need to have sufficient confidence before their repatriation can start “in a voluntary, safe and dignified way”, said Foreign Minister Vivian Balakrishnan in Parliament yesterday.
— The Straits Times

Malaysian company plans to invest in furniture factory in southern Myanmar
A Malaysian company is planning to invest in building an acacia mangium furniture factory in Myanmar’s Bago region, the official Global New Light of Myanmar reported Wednesday.
— Xinhua

Bangladesh proposes safe zone in Myanmar for Rohingya refugees
Foreign Minister AK Abdul Momen calls on Russia, China and India to help Dhaka in tackling the Rohingya refugee crisis.
— Aljazeera

Myanmar airlines: consolidation arrives; MAI & Air KBZ to expand
Long-overdue consolidation is driving change in Myanmar’s dynamic airline sector. There are currently five airlines operating in the domestic market compared to eight a year ago and 10 three years ago.
— CAPA

Myanmar Digest: Katapult injects $150k in RecyGlo; Phandeeyar to back five startups
RecyGlo, a Yangon-based recycling service startup, has received $150,000 from Norway’s Katapult Ocean accelerator programme while Phandeeyar Accelerator has accepted five tech startups to join its third cohort.
— DealStreetAsia

Dreaming of a Myanmar river cruise?
You could call it a lifetime dream to pack an overnight bag and board the slow river boat to Bagan to immerse in the fascinating life that unfolds on the banks of Myanmar’s Ayeyarwady River.
— TTR Weekly

Municipal matters come to the fore ahead of March elections
Elections for positions in the Yangon City Development Committee are set to take place on March 31.
— Myanmar Times

‘Expressions of interest’ sought to build Yangon’s new city
Yangon’s new city scheme is now inviting companies to submit an expressions of interest (EOI) until the end of this month.
— Myanmar Times

23 Aceh fishermen detained in Myanmar for alleged poaching
The Myanmar authorities again detained 23 Aceh fishermen on February 6, 2019, for alleged poaching in Myanmar waters, according to Miftachhuddin Cut Adek, deputy secretary of Panglima Laot, a maritime customary NGO of Aceh.
— Antara

Myanmar’s youth get scholarships
The Myanmar-China Friendship Association offered scholarships to 88 high-performing, low-income students from Myanmar on Jan 26.
— Eleven Myanmar

Number of workers leaving to find work reaches 5 million
The low employment rate and low salaries in the domestic market have forced young workers in Myanmar to seek jobs overseas, with the number of migrant labourers touching 5 million, state media reported quoting an official from the Ministry of Labour, Immigration, and Population (MOLIP).
— Mizzima

South Korean car maker opens first assembly plant in Myanmar
As the government is pushing for car companies to assemble their vehicles in Myanmar, more international companies are setting up assembly plants in the country.
— Myanmar Times

Travel permits for foreigners visiting Mogok fast-tracked
Myanmar has speeded up the issuance of travel permits for foreign tourists who plan to visit the ruby land of Mogok in the country’s northern Mandalay region in an effort to develop tourism, Xinhua reported.
Mizzima

Two Myanmar nationals among dead in Delhi hotel fire: embassy
Two Myanmar women were among the dead after a fire ripped through a budget hotel in India’s capital on Tuesday, the Embassy of Myanmar in New Delhi said in a statement.
— Frontier Myanmar

Myanmar Metals increases Bawdwin resource by 50%, now hosts world’s largest primary lead resource
The tier-one project now hosts the largest primary lead resource in the world and the ninth largest silver resource in the world.
— Proactive Investors

Myanmar should pay US$6 billion in compensation for Rohingya crisis: study finds
The research, conducted by Swinburne University of Technology, Australia, interviewed 16,000 people and collected data on 3,300 households.
— Dhaka Tribune

‘Asean stands ready to provide healthcare to Rohingyas’
Asean cannot discuss with Myanmar on how to provide citizenship to the Rohingya, but stands ready to provide healthcare and education, said Singapore’s Foreign Minister Vivian Balakrishnan today.
— The Daily Star

Developing our agricultural sector will remedy long-term issues
An important requirement of the current times is the need for an increase in well-paid jobs. If the authorities can fulfil that requirement, then, the people of the country will be satisfied, and the future of the nation will be secured.
— Global Newlight of Myanmar

Myanmar: Expert says violence and arrests of Karenni protesters must stop
A UN expert has deplored today’s violent police response to protests in Myanmar against a statue of independence hero General Aung San.
— Reliefweb

Continuous oil well tests will contribute to economic growth
During the monthly press conference held by the Ministry of Energy and Electricity’s (MOEE) on 17 January 2019, U Nyan Tun, deputy managing director for Myanmar Oil and Gas Enterprise (MOGE), said that a well test will be done in Myaing Township, Magway Region to examine the hydrocarbon properties therein.
— Global Newlight of Myanmar

IndiGo’s Bengaluru-Bangkok flight diverted to Myanmar after engine snag
An IndiGo flight that was heading from Bengaluru to Bangkok on Tuesday was diverted to Yangoon in Myanmar after it “experienced oil pressure warning in one of its engines”.
— Hindustan Times

Customs issues impact Singapore Myanmar Investco third quarter results
Singapore Myanmar Investco Limited (SMI) has reported a 16.6% year-on-year decrease in revenue in the third quarter, to US$5.5 million.
— Moodie Davitt

Interest in state-run lottery still strong, says deputy minister
More people are interested in the K500 Aung Bar Lay lottery due to the size and number of its prizes, said U Maung Maung Win, deputy minister of Planning and Finance.
— Myanmar Times

Consolidation driving change in Myanmar
CAPA publishes more than 400 global News Briefs every weekday, covering all aspects of the aviation and travel industry.
— CAPA

Rohingya Crisis Casts Shadow on Myanmar Investment Showcase
While speaking at the opening of the Invest Myanmar Summit organized by the ruling National League for Democracy (NLD) in January 2019, with the aim of drawing foreign direct investment (FDI), State Counselor Aung San Suu Kyi understandably left no stone unturned in projecting Myanmar as an ideal investment destination.
— IPP Review

Myanmar: A New Pattern of China-Japan Interactions?
If Japan and China focus on different rail systems in Myanmar, can their division of labor create a new pattern for cooperation?
— The Diplomat

Yuan takes key international step on Myanmar move
Myanmar has added the Chinese yuan and Japanese yen as permissible settlement currencies for international payments and transfers, the Central Bank of Myanmar said on January 30.
— Fx week

Centre vows to curb areca smuggling from Myanmar
The Centre has assured areca growers that it will take action against arecanut smuggling from other countries.
— The Hindu Business Line

Thailand-Myanmar anti-human trafficking deal endorsed
The cabinet approved an agreement between the governments of Thailand and Myanmar to suppress human trafficking and eliminate the trafficking at organisational level effectively and in timely manner.
— Sggp News

 

Feature photo USAID Asia

This week’s morning news photo features International Day of Women and Girls in Science, February 11.

 

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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