Myanmar morning news for July 24

Myanmar morning news for July 24

Myanmar morning newsInvestors must repay tax exemptions if businesses shutdown: MIC
Licensed investors shall repay the tax exemptions if they want to close their businesses, according to a press conference by the Myanmar Investment Commission (MIC).
— Eleven Myanmar

Report shows Myanmar not prepared for return of Rohingya refugees
A new report by Australian researchers has contradicted assurances from the Government of Myanmar that it’s preparing for the return of hundreds of thousands of Rohingya refugees, currently trapped in neighbouring Bangladesh.
— ABC

Myanmar hosts workshop for sustainability of diverse ecosystems
Myanmar has hosted a workshop on teaching skills and information for carrying out community-based forest conservation in regions with different agricultural systems, according to the Ministry of Agriculture, Livestock and Irrigation Tuesday.
— Xinhua

Proximity Finance to provide K5 billion in microfinance funding
Proximity Finance, the microfinance arm of Yangon-based Proximity Designs, a social enterprise outfit, has signed a K5 billion back-to-back funding agreement with Yoma Bank in a move to expand micro-lending to smallholders.
— Myanmar Times

Govt to demand more info from prospective investors
The government has announced it will require more detailed documentation for investment proposals from August 1 following an investigation by The Myanmar Times into repeated transparency failures under the investment body.
— Myanmar Times

Poultry firms turn to Myanmar for import of duty-free maize
Indian poultry firms, desperately seeking maize to feed the fowls, have found a new source for duty-free maize–Myanmar.
— Cogencis

Local, Foreign Insurance Cos. Readying to Sell in Myanmar
Myanmar’s Ministry of Planning and Finance is set to give the go-ahead to joint ventures between local and foreign insurance companies next month.
— Irrawaddy

Renewable and nonrenewable energy in Myanmar’s economic growth
The Republic of the Union of Myanmar is located in the western part of the Indochinese Peninsula and has a number of peculiar economic features.
— Eurekalert

Did Singapore ensure Myanmar nationals wouldn’t be tortured before deporting them?
Serious international human-rights concerns arise from the Singapore Government’s recent arrest and deportation of several Myanmar nationals living in the city state.
— Today Online

Conditions Nearly Set for Dawei SEZ Initial Phase to Begin: Govt Committee
The Myanmar government is currently negotiating the conditions precedent (CPs) with the concessionaires for the initial phase of construction work on the Dawei Special Economic Zone (SEZ), a US$8-billion (about 12.16 trillion kyats) project that includes a deep seaport.
— Irrawaddy

Interview: China’s governance experience worth learning: Myanmar political analyst
Overcoming domestic and international challenges in its development, China has made great achievements and its state governance experience is worth learning, a senior Myanmar political analyst has said.
— Xinhua

Myanmar delegation to visit Cox’s Bazar
A Myanmar delegation plans to visit a refugee camp in Cox’s Bazar, Bangladesh, on Saturday in an effort to advance the repatriation process of displaced people from Rakhine, a senior Foreign Affairs Ministry official said.
— Myanmar Times

Myanmar to compete in World Dragon Boat Racing Championship
Preparations are under way for the Myanmar Rowing and Canoeing Federation’s planned participation in the 14th World Dragon Boat Racing Championship in Thailand.
— Myanmar Times

Fighting between AA and Tatmadaw forces villagers to flee
Rakhine State legislative assembly deputy speaker and legislator from Myebon constituency Mya Than has told Mizzima that fighting between Arakan Army (AA) and Tatmadaw (government military) intensified after AA rockets hit Tatmadaw naval boats causing villagers to flee.
— Mizzima

POSCO 2Q Net Profit Up 17.4%, Helped by Myanmar Gas Project
POSCO’s (005490.SE) second-quarter net profit rose 17.4% on year, supported by improved earnings from its gas-field project in Myanmar, the South Korean steel maker said Tuesday.
— Morning Star

Working hard to reduce the rodent problem
Daw Htike looked out onto the verandah from her second storey apartment and noticed dirt scattered across the floor. Taking a closer look at the mess around her feet, she discovered the culprit when she spotted a small piece of rat scat (droppings) in the corner.
— Myanmar Times

ASPI images show razed Rohingya villages still in ruins
Close to 400 Rohingya Muslim villages in Rakhine State were burnt to the ground in late 2017 after a bloody military crackdown by Myanmar security forces.
— ABC

Extortion syndicate in Malaysia funds ARSA
A Rohingya-based extortion syndicate in Malaysia has been channelling thousands of dollars to fund Arakan Rohingya Salvation Army (ARSA) terrorists in Myanmar, a senior Malaysian police official said Monday, RFA reported.
— Mizzima

Tourist arrivals increase in first half of 2018-19 FY
The number of tourist arrivals in the first six months of 2018-2019 fiscal year has reached 2.165 million.
— Eleven Myanmar

Hundreds of homes flooded in Amarapura township
Hundreds of houses in the Shwe Kyat Yat village tract in Amarapura township, Mandalay Region, have been flooded due to rising water from the Ayeyarwady River, says a village elder in the area.
— Myanmar Times

Union Legal Aid Board fields 120 complaints in first half of year
The Union Legal Aid Board received 120 public complaints during the first six months of the year from people with difficulties such as illegal detention.
— Myanmar Times

Rakhine Rebels Eager for Foreign Investment
In a message reiterating its previously-stated openness to Chinese-backed BRI projects in war-torn Rakhine State, the Arakan Army is courting foreign investment.
— Irrawaddy

Charges Dropped Against Mandalay Military Critic
Charges filed by a military officer over criticism of the military made on Facebook by Saffron Revolution leader and Buddhist monk U Sein Ti Ta were dropped on Tuesday.
— Irrawaddy

Workshop on introducing ASEAN Safe School Initiative held
A workshop on introducing ASEAN Safe School Initiative was held at Thingaha Hotel in Nay Pyi Taw at 9 am yesterday. Present at the event were Union Minister of Education Dr Myo Thein Gyi, director-general of Ministry of Education, officials of Ministry of Social Welfare, Relief and Resettlement, officials of Regional ASEAN Safe School Initiative, …
— The Global New Light of Myanmar

Health Ministry request K225b for medicines in next fiscal year
The government will need to spend more than K225 billion on medicines in fiscal year 2019, said U Myint Htwe, minister of Health and Sports.
— Myanmar Times

Myanmar Animal Shelter Uses Buddhist Chants to Soothe Stray Dogs
An animal shelter in Myanmar has taken a novel approach to mongrel management by turning to the Dharma in a bid to engender a more harmonious living environment for the homeless hounds who find refuge there.
— Buddhist Door

CDC makes its first direct equity investment in Myanmar, backing Frontiir
CDC, the UK’s development finance institution, has today announced its investment in Frontiir, the leading internet service provider in Myanmar. The investment will help fund Frontiir’s ambitious expansion throughout Myanmar, connecting over 2 million people to the internet, a press release said.
— Mizzima

UEC requests budget to prepare for general election
The Union Election Commission has asked for a budget for fiscal year 2019 to make preparations for the 2020 general election, said U Hla Tint of the commission.
— Myanmar Times

Those who assisted in Bagan being named to World Heritage List honoured in Nay Pyi Taw
President U Win Myint and State Counsellor Daw Aung San Suu Kyi attended a ceremony yesterday to honour individuals and organizations who worked for ancient Bagan to be named as World Cultural Heritage site of the UNESCO. .
— The Global New Light of Myanmar

Life in Panghsang, a Chinese enclave in Myanmar’s Wa region
Nestled in the hills of eastern Shan State near the China-Myanmar border, Panghsang is the capital of the Wa Region, a self-administered area approved by Myanmar’s Constitution.
— Global Voice

Young artists inspire: Building Bridges at the Tourism Burma
This week, Turquoise Mountain soft-launched the opening of the Tourism Burma building, after their extensive restoration, with an International young artist exhibition called Building Bridges, curated by Sai Htin Linn Htet and Ushmita Sahu and is a collaboration with Emergent Art Space.
— Myanmore

Amyotha Hluttaw debates Education Bill, a motion on rural women
The third-day meeting of the Second Amyotha Hluttaw’s 13th regular session was held at the Amyotha Hluttaw meeting hall yesterday morning. At the meeting, in addition to the question and answer session, a report was read, a bill discussed, a bill tabled and a motion discussed.
— The Global New Light of Myanmar

Ex-Minister’s Son Takes the Stand in Drugs, Weapons Trial
U Phyo Ko Ko Tint Sint says he never lived in the Yangon house where police seized some of the drugs he is accused of possessing.
— Irrawaddy

Start-ups ought to be supported
By Aung Naing Oo Importance of start-ups In developing their economies some big industrialized countries do it through Multi National Companies (MNCs) while some do it through Multinational State Owned Enterprises.
— The Global New Light of Myanmar

Tatmadaw Violating Own Ceasefire, NA Members Say
Despite announcing a unilateral ceasefire and extending it twice, the Myanmar military continues to attack TNLA and MNDAA outposts in northern Shan State, the groups say.
— Irrawaddy

Pyithu Hluttaw Speaker holds coord meeting with committees
The second coordination meeting for 2019 was held yesterday at the Pyithu Hluttaw in Nay Pyi Taw, attended by the Pyithu Hluttaw Speaker, committee chairmen and secretaries.
— The Global New Light of Myanmar

Flood forces 45 schools in Singu to close
As the water level in the Ayeyawady River rises, the 45 schools in Singu Township have temporarily closed, according to U Kyaw Naing, Deputy Head of Township Education Department.
— The Global New Light of Myanmar

Activists Out on 2M-Kyat Bail
Five activists charged with harming public servants after confrontations with police at the trial of the Peacock Generation thangyat troupe have been granted bail.
— Irrawaddy

Amyotha Hluttaw Deputy Speaker U Aye Tha Aung receives Serbian Ambassador
Amyotha Hluttaw Deputy Speaker U Aye Tha Aung received Serbian Ambassador to Myanmar Mr Miodrag Nikolin in Amyotha Hluttaw J Hall in Nay Pyi Taw yesterday.
— The Global New Light of Myanmar

A Wave of Enthusiasm for Japan in Myanmar
Japan enjoys favorable relations with many countries worldwide. Due to its proximity to China and the Korean Peninsula, it is easy to gain an impression of anti-Japan sentiment, resulting from historical and territorial issues.
— Nippon

Bodhi Tahtaung elephant camp opens in Monywa
The opening ceremony for the Bodhi Tahtaung elephant camp was held in the morning of 14 July in Bodhi Tahtaung pagoda precinct in Monywa Township, Sagaing Region.
— The Global New Light of Myanmar

 

Feature photo Jacob Clere

This week’s Myanmar morning news feature photo focus on air quality throughout Asean.

 

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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