Myanmar morning news for May 9

Myanmar morning news for May 9

Myanmar morning newsBiman Bangladesh plane skids off runway in Yangon, 17 injured
A Biman Bangladesh Airlines plane skidded off the runway when it landed in bad weather at Yangon’s international airport on Wednesday evening, injuring at least 17 people, officials said.
— Reuters

Rental transactions rise in Yangon, even as larger market stays muted
The market for rental property, which is the lifeblood of the real estate sector in Yangon, rebounded during first quarter of this year, with more units getting rented out rather than sold.
— Myanmar Times

Unified QR Codes and the promise of a cashless Myanmar
In September 2018, Singapore made history by introducing the world’s first ever universal QR code system for cashless payments. Called SGQR, it allows merchants and consumers to use a single national QR code system to access cashless payments through 27 different services.
— Asean Today

Myanmar Hydropower Developers’ Association launched
The International Finance Corporation of the World Bank Group has announced the launch of the Myanmar Hydropower Developers’ Association (MHDA), an innovative platform for hydropower companies and industry professionals, hydroworld.com reported.
— Mizzima

Authorities aim to strengthen investment facilitation in related ministries
Speaking at a training workshop in Nay Pyi Taw, U Aung Naing Oo, the ministry’s permanent secretary, stressed the importance of investment facilitation and the role of all investment-facing government agencies in the process.
— Myanmar Times

Myanmar’s logistics startup Kargo raises $800K in pre-Series A round
Myanmar-based logistics startup Kargo on Tuesday announced that it has raised $800,000 in a pre-Series A financing round led by Singapore-based venture capital fund Cocoon Capital.
— DealStreetAsia

Housing project for fire victims set to be finished end of this year
The Thu Khi Tar low-cost housing project intended for families, whose homes were destroyed by a fire two years ago in Mayangone Township will be finished in the end of this year, said an official of the company undertaking the development.
— Myanmar Times

Belt and Road forum marks subtle shift in China-Myanmar ties
China acknowledged criticism of its Belt and Road Initiative at last month’s forum in Beijing, at which the Myitsone dam was off the agenda (at least publicly) at talks with Myanmar.
— Frontier Myanmar

Myanmar extends detention of American accused of running pot plantation
A Myanmar court on Tuesday allowed police to detain an American entrepreneur accused of operating a marijuana plantation for two more weeks while he is investigated.
— The Japan Times

Myanmar’s economy towards GE2020 and beyond
Join us at The Myanmar Times’ economic forum, where we will bring together leading industry experts, policy-makers and corporate executives to analyse the business and investment prospects in Myanmar and what lies ahead. With the 2020 General Election on the horizon, it is time to look at where the country is heading towards.
— Myanmar Times

Union Minister receives outgoing Chinese Ambassador
Dr. Pe Myint, Union Minister for Information, received outgoing Ambassador of the People’s Republic of China, Mr. Hong Liang, at his office yesterday. During the meeting, they discussed the matters concerning the promotion of bilateral friendship between the two countries.
— The Global New Light of Myanmar

Myanmar: A burgeoning entrepreneurial ecosystem
A bit more than a decade ago, buying a cellular SIM card in Myanmar cost US$3,000 in 2001 and $250 in 2013. Fast forward to April 2019, and you can purchase a starter pack for as little as $1.10. And this is only one of the changes afoot in Myanmar, where local and international entrepreneurs are eager to capitalise on the recent liberalisation of the market.
— Myanmar Times

A Renewable Vision for Myanmar
Myanmar continues to experience a rapid increase in economic activity as it transitions into an open market system. With that, power demand continues to increase—for modern amenities like air conditioning and power for industrial factories. This is especially true in the economic hubs of Yangon and Mandalay.
— The Irrawaddy

The long and winding road to freedom
December 12, 2017 – Wa Lone and Kyaw Soe Oo are arrested in Yangon after being invited to meet police at a restaurant. The two reporters are held incommunicado over the next two weeks.
— Myanmar Times

Myanmar’s central bank warns against crypto
The Central Bank of Myanmar has joined the view of many central banks across the globe that see cryptocurrency as a risky investment that should be avoided at all cost.
— Coingeek

Yangon observes World Red Cross and Crescent Day
Under the supervision of Myanmar Red Cross Society, a celebration of the World Red Cross and Crescent Day was held by the Yangon Region Red Cross Supervisory Committee (YRRCSC), at the University of Nursing on Bogyoke Aung San Road in Yangon yesterday.
— The Global New Light of Myanmar

State Counsellor, Interfaith Leaders Offer Message of Unity and Understanding
At an interfaith advisory forum in Naypyitaw, political and religious leaders joined together to encourage respect for a peaceful diversity of race, religion and thought.
— Irrawaddy

Europe Day celebrated in Nay Pyi Taw
A reception to observe the Europe Day was held at the M Gallery Hotel in Nay Pyi Taw yesterday. Union Election Commission Chairman U Hla Thein, Union Ministers Dr. Pe Myint, U Win Khaing, Dr. Myo Thein Gyi, U Thaung Tun and U Kyaw Tin, Deputy Minister U Aung Htoo, Hluttaw representatives.
— The Global New Light of Myanmar

Yangon’s Best Brews and Views
As the weekend approaches, The Irrawaddy has rounded up Yangon’s best rooftop bars for you.
— Irrawaddy

Jade mining is being framed as a violation of indigenous rights and destructive to indigenous land.
Members of the Kachin public have planned a protest for Tuesday in Hpakant, Kachin State against the “excessive extraction” of jade from the area.
— BNI Online

Vice President U Henry Van Thio receives Dutch Ambassador
Vice President U Henry Van Thio received Dutch Ambassador to Myanmar Mr. Wouter Jurgens at the diplomatic hall of the Presidential Palace in Nay Pyi Taw yesterday. They openly discussed the continuation of water resource management projects in collaboration with the Netherlands during the meeting.
— The Global New Light of Myanmar

UWSA Celebrates 30 years of Autonomy Inside Myanmar
An autonomous ethnic army inside Myanmar with direct connections to China! In Myanmar’s Shan State, the United Wa State Army (UWSA) recently celebrated three decades of peace and autonomy since 1989, when the Communist Party of Burma was ousted and the new leaders formed what is now Myanmar’s largest ethnic faction.
— VOA

ASEAN Work Plan on Sports reviewed in Nay Pyi Taw
A Mid-term Review Validation Workshop on the ASEAN Work Plan on Sports 2016-2020 was held yesterday at the Kempinski Hotel in Nay Pyi Taw. Deputy Minister for Health and Sports Dr. Mya Lay Sein acted as the chairperson for the workshop and delivered the opening speech.
— The Global New Light of Myanmar

State Counsellor attends 2nd Advisory Forum on National Reconciliation and Peace
National Reconciliation and Peace Center (NRPC) Chairperson State Counsellor Daw Aung San Suu Kyi delivered an opening speech at the second Advisory Forum on National Reconciliation and Peace in Myanmar organized by Religions for Peace held at Thingaha Hotel Nay Pyi Taw yesterday morning.
— The Global New Light of Myanmar

Dr Aye Maung should be released for peace and national reconciliation, his lawyer says
Dr. Aye Maung’s lawyer Kyaw Nyunt Maung said that his client Dr. Aye Maung should be released for peace and national reconciliation.
— Mizzima

Committee on implementing recommendations on Rakhine State clarifies achievements, challenges at press conference
A press conference was held following the Workshop on Review of the Implementations on Rakhine State in Yangon yesterday.
— The Global New Light of Myanmar

Gov’t Weighs Legal Action against Monk for Speeches Attacking State Counselor
Ministry of Religious Affairs scrutinizes U Wirathu’s recent remarks insulting Daw Aung San Suu Kyi for possible legal violations.
— Irrawaddy

Third Myanmar-Australia Foreign Ministry Consultations held in Nay Pyi Taw
The Third Myanmar-Australia Foreign Ministry Consultations was held on 7 May 2019 at the Ministry of Foreign Affairs in Nay Pyi Taw.
— The Global New Light of Myanmar

The new party will represent everyone in Kachin State, leaders say.
A new Kachin party plans to contest the 2020 General Election after successfully registering its name with the Union Election Commission (UEC).
— BNI Online

President U Win Myint receives outgoing Chinese ambassador;
President U Win Myint received outgoing People’s Republic of China (PRC) Ambassador Mr. Hong Liang, who completed his tour of duty in Myanmar, at the Presidential Palace in Nay Pyi Taw, yesterday morning.
— The Global New Light of Myanmar

NRPC, Karenni Rights Groups Still Struggle to Resolve Aung San Statue Debate
The NRPC met with Karenni activists for the second time on Tuesday, seeming to agree to the statue’s removal but failing to find a final resolution.
— Irrawaddy

Hluttaw Intranet (Share Point) System launched
The Hluttaw Intranet (Share Point) System was launched yesterday at Thabin Hall in the Hluttaw premises. Present at the event were Deputy Speaker of Pyidaungsu Hluttaw and Pyithu Hluttaw U Tun Tun Hein, Hluttaw representatives, Deputy Minister for Planning and Finance U Maung Maung Win.
— The Global New Light of Myanmar

 

Feature photo Travel to Myanmar

This week’s Myanmar morning news photo features World Migratory Bird Day, May 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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