Myanmar morning news for May 31

Myanmar morning news for May 31

Myanmar morning newsMyanmar earns the lowest tobacco tax revenue in Asean region
Myanmar manufactures 10 billion cigarettes every year, and the government should increase cigarette tax as the tax revenue is the lowest among the ASEAN countries, Dr. Than Sein, the President of Public Health Foundation told the media after the ceremony to mark the World No Tobacco Day in Taw win Garden Hotel in Yangon on May 29.
— Eleven Myanmar

Myanmar permits 6 local, foreign investment projects
Myanmar Investment Commission (MIC) on Thursday permitted six investment projects from both home and abroad, according to the Directorate of Investment and Company Administration (DICA).
— Xinhua

Businesses collaborate to launch new loan facility for landowners
iMyanmarHouse.com has introduced an installment loan programme in Myanmar for those who own land but lack the capital to build a house or a building for commercial purposes.
— Myanmar Times

Myanmar massacre pardons underscore impunity
Where in the world do military personnel convicted for their role in the cold-blooded killings of civilians serve a lighter prison sentence than the journalists who exposed that atrocity?
— Asia Times

Companies to commence exploratory drilling in 2019 and 2020
Exploration drilling will commence this year and next for oil and gas companies that won tenders in 2014 and 2015, based on the contracts signed with the with Myanmar Oil and Gas Enterprise under the Ministry of Electricity and Energy (MOEE), ministry officials said.
— Myanmar Times

Myanmar’s military goes shopping
Yangon: Myanmar’s military has lavished tens of millions of dollars on the latest lethal hardware, leaning on allies as part of a strategy to become a first-class fighting force.
— The Stat Online

Vingroup smartphones launched in Myanmar
Vietnam’s largest private conglomerate Vingroup began selling its Vsmart phones in Myanmar Wednesday as part of its global expansion strategy.
— VnEXpress

Toyota to set up Myanmar plant to assemble Hilux trucks
Toyota Motor Corp said on Thursday it would launch a plant in Myanmar to manufacture Hilux pick-up trucks from 2021 as the Japanese automaker plans to locally assemble vehicles for the emerging nation where demand for cars has been soaring.
— KFGO

Creating a cohesive society by including people with disabilities
An inclusive peace in Myanmar needs to include all members of society. That means engaging people often marginalized from public life. iSchool Myanmar, supported by the Joint Peace Fund (JPF), is seeking to help the peace process reach communities that are often neglected, by running peace trainings for people living with disabilities and also for the LGBT community.
— Reliefweb

Myanmar president to attend Modi’s swearing-in: Why India values ties with Myanmar
The relationship between India and Myanmar may not have always been a smooth-sailing one, but over the last few years India has made efforts to improve ties with its neighbouring country with which it shares a 1,600 km-long border.
— Times Now 

Pressure won’t work to resolve Rakhine: Japan
Japanese Ambassador to Myanmar Mr Ichiro Maruyama said at a press conference held at his residence on May 29 that he feels international pressure and sanctions will not work to resolve the Rakhine issue.
— Myanmar Times

Industrial Zone Bill hearing held at Hluttaw
Industrial Zone Bill hearing was held at Zabuthiri Hall, Hluttaw building in Nay Pyi Taw, at 1 pm yesterday. Deputy Speaker of Pyithu Hluttaw U Tun Tun Hein attended the event and delivered key note speech. Then, Chairman of Pyithu Hluttaw Bill Committee, U Khin Mg Win discussed Industrial Zone.
— The Global New Light of Myanmar

Vietnamese Business Club in Myanmar launched
The Vietnamese Business Club in Myanmar (VBCM) launched in Yangon on May 28, according to Vietnamese media.
Mizzima

RBF supporting development of over 500 SMEs
To help develop Small and Medium-sized Enterprises in Myanmar, the Responsible Business Fund is providing financial assistance to 504 SMEs in seven sectors. The fund has been providing monetary assistance, particularly to innovation-related projects in seven sectors, for the development of the.
— The Global New Light of Myanmar

Telenor ready to launch 5G services in Myanmar
WITH its parent company playing a leading role in the implementation of the fifth generation (5G) of wireless technology in Europe, Telenor Myanmar has set its sights on becoming a pioneer in the provision of 5G services in the nation, the firm’s chief says.
— The Nation

IRD to introduce Income tax bill to parliament
The Internal Revenue Department (IRD) drafted a new income tax law with the help of International Monetary Fund (IMF) expert, U Min Htut, director general of Internal Revenue Department (IRD), told The Myanmar Times.
— Myanmar Times

What is the future of energy for Myanmar’s rural population?
To deliver on its goal of 100 per cent energy access by 2030, Myanmar will need to shake up its energy market. With hydropower facing increasing objection from society, how will the former hermit nation power its people for a more sustainable future?
— Eco-Business

Export volume set to hit three-fold increase
The incumbent government has set a goal of tripling the export volume during its tenure. Till May 10 of 2018-2019 fiscal year, the external trade volume exceeded 21 billion US dollars, said Deputy Minister for Commerce Aung Htoo, at a press conference on the undertakings of the government’s third-year tenure in office, at the Information Ministry in Nay Pyi Taw on May 29.
— Eleven Myanmar

Opportunities emerge as fixed broadband market heats up
U Thein Than Toe, CEO and co-founder of Global Technology Group, which runs 5BB Broadband in Yangon, reckons that with opportunities emerging in the increasingly competitive industry, now is the time for internet service providers (ISPs) to go all out for market share.
— Myanmar Times

Complaint Filed Against Yangon’s Newly-Elected Vice Mayor
A candidate who lost out to the vice mayor has complained that he was ineligible to stand for election having been convicted of offences related to public morals.
— Irrawaddy

Myanmar refugees struggle for survival in Thailand
Soldiers march in a formation during a parade to mark the 74th Armed Forces Day in Nay Pyi Taw, Myanmar, March 27, 2019.
— La Croix

Gov’t Spells Out Conditions for Signing BRI Deals with China
Planning and Finance Ministry official says all deals will allow for international financing and open bidding, among other guarantees.
— Irrawaddy

Monks march in Myanmar in support of firebrand preacher
Hundreds of monks and their supporters marched in Myanmar on Thursday to protest against the issuing of an arrest warrant for a high-profile, firebrand preacher for criticism of the government.
— Euro News

The Day a Gov’t-Backed Mob Set Upon Daw Aung San Suu Kyi
On this day in 2003, a convoy carrying the NLD leader and current State Counselor was targeted in a deadly, government-orchestrated attack by thugs in Depayin Township.
— Irrawaddy

VP U Myint Swe attends second coord meeting of National-level Committee on UPR
The second coordination meeting of the national-level committee on implementing recommendations of Universal Periodic Review (UPR) was held yesterday morning at the meeting hall of the Ministry of Home Affairs in Nay Pyi Taw.
— The Global New Light of Myanmar

Local, foreign media cover ground situation in Gonnar, Aung Bala villages in Maungtaw Township
A group of local and foreign media met with local communities from Gonnar Village at the Shwe Zar Kapat Kaung Village-tract and officials form General administrative office during their visit to Maungtaw Township yesterday.
— The Global New Light of Myanmar

Military Detain Village GAD Official and Local in N. Rakhine
An official from Min Thar Taung village and his neighbor were detained without charges, locals say–the fourth and fifth detainment from the village in recent weeks.
— Irrawaddy

58 Malaysia-bound Rohingyas rescued from Bay
The group was rescued from a Malaysia-bound trawler, in the Bay of Bengal, to the south-east of St Martin’s Island
— Dhaka Tribune

Myanmar’s ice apples to penetrate international markets
Ice apple, also known as palm fruit, will soon be purchased from Yesagyo Township for the purpose of export. The move is expected to help save palm trees from extinction, and create job opportunities for locals, according to a representative of Green Morentum company.
— The Global New Light of Myanmar

The Birth of the We Burmese Association
On this day 89 years ago, Dobama Asiayone, or the We Burmans Association, was founded by Rangoon University instructor Thakhin Ba Thaung.
— Irrawaddy

Pegu Club gets blue plaque from heritage trust
The Yangon Heritage Trust (YHT) awarded its 30th Blue Plaque to the historic Pegu club, located on Zegawa Street in Dagon Township of Yangon Region on 30 May. Yangon Region Chief Minister U Phyo Min Thein, Yangon Region Hluttaw Speaker U Tin Maung Tun, YHT Founder and Chairman Dr. Thant Myint U,
— The Global New Light of Myanmar

Singapore Myanmar Investco puts increased focus on retail as it announces full-year results
Singapore Myanmar Investco Limited (SMI) has reported a 2.6% year-on-year decrease in revenue in the full year ended 31 March 2019, to US$23.37 million.
— Moodiedavittreport

MNHRC Investigating Villager Deaths in Military Custody
Myanmar Human Rights Commission members and local lawmakers are speaking to relatives of seven villagers that died after the military detained 275 in northern Rakhine.
— Irrawaddy

President U Win Myint attends Indian PM Modi’s oath-taking ceremony for second term
President U Win Myint and delegation departed by special flight from Nay Pyi Taw to New Delhi, India, yesterday morning and landed at 11:30 a.m. local standard time.
— The Global New Light of Myanmar

 

Feature photo UNICEF Bangladesh

This week’s Myanmar morning news feature photo acknowledges Cambodia Children’s day, June 1.

 

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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