Myanmar morning news for January 16

Myanmar morning news for January 16

Myanmar morning news

EU likely to impose tariffs on Myanmar this week
The European Union is likely this week to impose tariffs on rice coming from Myanmar for the next three years to curb a surge in imports, according to Reuters quoting a source familiar with the file.
— Mizzima

Myanmar delays UN refugee chief’s visit
Myanmar has postponed a planned visit by the UN refugee chief to Rakhine state following renewed fighting between security forces and insurgents, a spokesman said on Monday (Jan 14).
— Channel NewsAsia

120 Projects Worth $3B to Showcase at Invest Myanmar Summit 2019
More than 120 regional and private business projects worth a total of over $3 billion will be showcased at the upcoming Invest Myanmar Summit 2019 which aims to attract major investment from East Asia countries.
— Irrawaddy

Government actively looking into electric vehicles, minister says
THE Ministry of Industry will encourage the manufacturing of electric vehicles in spite of the difficulties involved, said Minister of Industry U Khin Maung Cho.
— Myanmar Times

Border trade during Oct-Dec quarter down
BORDER trade between Myanmar and its neighbours during the October-December quarter amounted to more than US$2 billion, down by $71 million, or 3.2 percent from the same period in 2017, according to the Ministry of Commerce.
— Myanmar Times

UN Calls for ‘Rapid and Unimpeded’ Aid Access to Myanmar’s Rakhine
The United Nations called on the Myanmar government on Monday to allow “rapid and unimpeded” humanitarian access to Rakhine State, where fighting between government troops and autonomy-seeking rebels has displaced thousands of people.
— Irrawaddy

Japan helps Myanmar to enact cybersecurity law
THE Japanese government is providing support to Myanmar to come up with a cybersecurity law that will govern internet-related activities, particularly e-commerce.
— Myanmar Times

Ascent Starts Myanmar Private Equity Firm Backed by Temasek, ADB
Singapore’s Ascent Capital Partners Pte has launched a Myanmar-focused private equity fund backed by Temasek Holdings Pte and the Asian Development Bank.
— Blommberg

Public housing set to improve in Yangon
THE Pyi Taw Thit housing project, originally built in the 1950s by the socialist Anti-Fascist People’s Freedom League government, will be rebuilt as part of the government’s efforts to improve housing in Yangon.
— Myanmar Times

Tech boom to bring in a new era in Myanmar
THOUGH DIGITAL literacy is still low in Myanmar, people’s eagerness to try new things and their ability to easily adapt to a new environment could generate a technology boom in the country by encouraging young entrepreneurs to establish tech-based companies, say tech experts.
— The Nation (very annoying popups)

Myanmar, India jointly conduct voter registration training
Myanmar and India have begun to jointly conduct voter registration training in Nay Pyi Taw to raise the capacity of staff working with the Election Commission’s Office and all levels of sub-commissions, Myanmar News Agency reported Tuesday.
— Xinhua

Chickens rule the roost in Myanmar’s farmyards, cows are second: census
CHICKENS are the most numerous farm animals in the country, totalling 70 million, followed by cows at 9.5 million, according to the latest animal census released last week.
— Myanmar Times

Foreign trade value reaches over $8.4 bn in over three months this FY
Myanmar’s foreign trade value has reached over US$8.4 billion over the past three months of the current 2018-2019 fiscal year exceeding more than US$100 million, compared to the same of period of last financial year, but trade deficit has hit nearly US$980 million, according to sources from the Ministry of Commerce.
— Eleven Myanmar

Competition among hotel investors heats up in Myeik archipelago
LOCAL investors say they are worried about the millions of dollars they have already invested in the Myeik archipelago because the regional government is planning to allow new projects within the same islands.
— Myanmar Times

Kachin parties refute China’s claim of local support for Myitsone Dam
Three ethnic Kachin political parties said on Monday they sought the “permanent suspension” of the multi-billion dollar Myitsone Dam, discrediting a Chinese embassy statement that implied support for the divisive project among the state’s political leaders.
— Frontier Myanmar

Hilton Expands Footprint in Myanmar
Hilton has announced the signing of a management agreement with Myanmar partners Crown Advanced Construction Co., Ltd to operate a 308-key hotel near downtown Yangon, according to a company press release.
— Mizzima

Rotting melons raise questions about the NLD government’s priorities
The closure of a border crossing caused huge losses from rotting fruit and has some wondering how long it will be before the government’s gives priority to the economy.
— Frontier Myanmar

Establishment of land bank under way
Efforts are being made to set up a land bank in order to solve land use problems, said Thaung Tun, Union Minister for Investment and Foreign Economic Relations.
— Eleven Myanmar

Rights group accuses Myanmar of crimes against humanity
In this Sept 10, 2017, file photo, Shoabib, 7, lies with a bullet injury on the chest which he received when Myanmar soldiers attacked his village, as his father sits beside him at Sadar Hospital in Cox‘s Bazar, Bangladesh.
— Lakeland Observer

Landmark ruling compensates Myanmar workers
The Supreme Court ordered Tuesday that compensation be paid to 14 migrant workers from Myanmar whose accusations of abuses against a chicken farm sparked a landmark legal case for migrant labourers.
— Bangkok Post (annoying popups)

More visitors tour Naungcho and its environs
People are taking more interest in the Goteik Viaduct, a railway treste, that has been built for the last 100 years and surrounding natural environs of Naungcho in northern Shan State.
— Eleven Myanmar


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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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