Myanmar morning news for January 23

Myanmar morning news for January 23

Myanmar morning newsSupply of housing units to rise, spur more development
Despite a rise in the number of housing units provided by the government and private sector, the gap between supply and demand for affordable homes in Yangon is widening as the population expands, Daw Aye Aye Latt, founder of Chantha Shwe Myay Construction Co, told Myanmar Times during an exclusive interview.
— Myanmar Times

Myanmar oil millers body targets FDA certification for 150 mills by 2020
The Myanmar Edible Oil Millers Association (MEOMA) will help millers in the entire supply chain get approved by the Food and Drug Administration (FDA), according to the Myanmar Trade Promotion Organization (MYANTRADE).
— Global Newlight of Myanmar

UN Special Envoy Pays Third Visit to Myanmar Amid Growing Tension in Rakhine State
The United Nations special envoy to Myanmar met on Tuesday with the deputy speaker of the Rakhine state parliament and leaders from the region’s dominant political party, the Myanmar government said, as the troubled state deals with a recent escalation in armed conflict, thousands of displaced civilians, and Rohingya refugees still languishing in neighboring Bangladesh.
— Radio Free Asia

Yangon Stock Exchange: a market in search of movement
Just a little over three years old, the Yangon Stock Exchange (YSX) faces low daily trading volume and a lack of companies willing to go public.
— Myanmar Times

Myanmar’s parliament resumes 11th session in capital
Myanmar’s parliament, made up of two Houses, has resumed its 11th session in Nay Pyi Taw, parliament sources said on Tuesday.
— Xinhua

Development to continue in Rakhine economic zones
The Rakhine State government is moving ahead with economic development plans for the northern part of the state.
— Myanmar Times

Party Logos Banned for Yangon Municipal Election
The Yangon City Development Committee (YCDC) has decided that political parties will not be allowed to use logos during campaigning ahead of the March 31 municipal elections in the commercial capital.
— Irrawaddy

Myanmar labour laws leave workers with raw deal in disputes
Ma Hla Hla Win, a recently laid-off factory worker from Rakhine State, is heavily in debt from having to send funds home to her family despite being jobless for six months.
— Myanmar Times

Over 35,000 traffic violations reported in Yangon in 2018
The Yangon Region government initiated legal action in over 35,000 cases involving violations of traffic rules and regulations in 2018, State media reported.
— Mizzima

Myanmar’s Civil War is Moving Closer to India’s Borders, Threatens to Cross Over
Two districts of Manipur – Saiha and Lawngtlai – where thousands of Myanmar’s citizens have come taken refuge, is where a few clashes between Myanmar Army and Arakan Army have been reported.
— News18

China-Myanmar Cultural Week kicks off in Myanmar main cities
The China-Myanmar Cultural Week kicked off Wednesday in three major cities of Myanmar, Yangon, Nay Pyi Taw and Mandalay.
— Infosurhoy

Tapping the tourism potential of the Myeik Archipelago
A comprehensive plan is urgently needed to encourage and guide tourism development in one of the world’s most beautiful archipelagos.
— Frontier Myanmar

Myanmar worker killed by compatriots while drinking in Pattaya
A Myanmar worker was killed and his three friends were arrested over a fatal quarrel while drinking in Pattaya on Monday night, police said.
— The Nation (very annoying popup)

Thailand detains 29 Myanmar workers after they test positive for illegal drugs
Twenty-nine Myanmar construction workers in Thailand were detained last Friday on charges of using illegal drugs, the Bangkok-based Myanmar Overseas Employment Agencies Federation said.
— Myanmar Times

Bringing the environment to the table in Myanmar
Swedish Hanna Helsingen works for World Wide Fund for Nature in Myanmar to make the environment a priority for the Myanmar government. Her life here is both challenging and enjoyable and she is only hesitantly getting ready to leave.
— Scadasia

Deputy Speaker of Irrawaddy Region Parliament Denies Embezzlement Claims
The deputy speaker of the Irrawaddy Region Parliament on Monday denied the embezzlement allegations that recently saw him purged from the ruling National League for Democracy (NLD).
— Irrawaddy

Myanmar group SPA plots foray into midrange housing
Myanmar’s Serge Pun & Associates is entering the middle-class housing market here, moving away from the sluggish luxury segment to tap an area expected to enjoy broader demand.
— Nikkei Asian Review (paywall)

UN envoy Burgener heads for meetings in Rakhine
Christine Schraner Burgener, the United Nations special envoy for Myanmar, will visit northern Rakhine State today to seek ways for the global body to further help in the strife-torn western state.
— Myanmar Times

Elimination of corruption is government’s objective, State Counsellor says
State Counsellor Aung San Suu Kyi said that elimination of corruption was her government’s objective.
— Mizzima

Feel International brings Myanmar cuisine to Thailand
Myanmar restaurant chain Feel International is set to open in Thailand. Opening in the popular Bangkok tourist area of Pratunam on Thursday (January 24), the group intends to introduce Myanmar cuisine to Thai consumers and foreigners.
— Insider Retail

Statement of INGOs in Myanmar
As International NGOs supporting communities throughout Rakhine State, we express deep concern for displaced communities and others affected by the upsurge in fighting between the Arakan Army (AA) and Myanmar Military.
— Reliefweb

Overseas Chinese Library and the struggle to preserve Chinese culture in Myanmar
“We Chinese people in Myanmar are behaving ourselves. We are not active in politics. We don’t work in the government,” said Huang Zhenzhong, 69, the curator of the Overseas Chinese Library in Yangon. “Law-abiding citizens” is the phrase Huang chose to describe the role of Chinese people in the country.
— Mizzima

Shares in Focus: Watching the Numbers for Myanmar Metals Limited (MYL.AX)
Following recent share price movement on shares of Myanmar Metals Limited (MYL.AX), we have seen that shares are now trading under the Chikou line. Traders might be tracking future price action to determine possible downward momentum if the price remains below the signal.
— Augusta Review

Villagers take part in bullock cart race in Bago Area, Myanmar
Villagers participate in a bullock cart race during a local festival at the Thegone township in Pyay District in the Bago Region, Myanmar, Jan. 16, 2019.
— Infosurhoy

 

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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