The Rohingya crisis: Burma to try Reuters reporters who have massacred Reuters
Mr Reuters has demanded their freedom and says that they have done their job and reported a carnage. At the end of last year, the Northwestern Rakhine state of Buddhist Myanmar made overall news when several hundred thousand Muslims were fleeing a fatal war. MILY says Mount Rohingya targeted fighters in Rakhine, but right-wing groups say that thousands of civilians in Rakhine have been killed. See?
Waelone and Kyaw Soe Oo investigated the massive executions of Rohingya Muslims by troops and village people last year. This is what Reuters says is behind the arrests of the two reporters. So what happens to the reporters? Rakhine officials say they were "arrested for having important and classified intergovernmental documentation related to the state and the Rakhine police " and that the information was "illegally obtained with the intent of sharing it with overseas media".
The focus is on an incident in the town of Inn Din in the north of Rakhine on 2 September last year. Buddha men from the town were then ordered to excavate a tomb, and then the 10 men were slain, at least two chopped to life by the Buddha people and the remainder executed by the military.
Following the arrests of the two reporters, the Myanmar army conducted its own inquiry into the event. How does the Myanmar administration feel? Myanmar's Myanmar authorities (also known as Burma ) are defending the Rakhine operations. Regarding reporters, the authorities have always said that they were only arrested for violating official secrecy.
Myanmar de facto Myanmar spokeswoman Aung San Suu Kyi has previously said that men will be protected by the state.
Myanmar's awaiting the Western investment that never happened.
Myanmar's leading economists are aware of possible investments from the US and Europe under the crooked NATO name. "Sean Turnell, Economics Advisor to Myanmar's Aung San Suu Kyi, said in an interviewer, "No Action, Talk Only," underlining the story of the failed opportunity and untapped opportunity. When Southeast Asia's most rapidly expanding economies began the five decade shift from army power to democratic power with the oath of the first democratically elected state in March 2016, foreign investments took a wait-and-see stance.
"But the thing about investing in the West is not that it has ceased to flow, the reality is that it never came," Turnell said. Since the 2014-15 fiscal year, Myanmar has been attracting just over $30 billion in FDI, with Singapore leading the ranking of FDI in the economy with $14.5 billion, followed by China and Hong Kong with $7.1 billion and $2.6 billion from within the European Union, according to Myanmar's Directorate of Investments and Business Administration.
Aung San Suu Kyi's administration faces enormous internal political issues, such as the development of an architecture that can enable sustained global prosperity and the introduction of the financial system into the new age. There is also the challenge of unravelling the many clan clashes that have made some parts of the land almost unmanageable for years.
While Myanmar's economies recovered from poor agricultural output and low export levels, the International Monetary Fund noted that the medium-term prospects remain favourable. "Myanmar's first stage of liberalisation has brought an amazing surge in GDP expansion and reduced livelihoods; now a second round of reform is needed to maintain momentum," the IMF said in a November reporte.
In spite of the lack of investments from the USA and Europe, large flows of funds from Japan, China, South Korea and Singapore contributed to making Myanmar one of the most powerful South-East Asian countries, with a GDP of 6.4 per cent last year and an estimated 6.8 per cent in the present year.
World Bank forecasts 7.2 per cent mediumterm economic expansion. Even though companies from the West have not yet fully accepted the state, economic executives such as Hal Bosher, the Yoma Bank CEO's specialist advisor, are still upbeat. "Everyone is always amazed when they come to Myanmar," Bosher said in an interview.
However, in a state where the military commander-in-chief still has unconstitutional powers to nominate a fourth of Myanmar's parliamentary assembly, as well as full oversight of the major defence, border and interior departments, it is a sensitive issue. As a wider effect, Myanmar was unable to harvest the "democracy dividend" many had hoped for from the advent of large multinationals.
"Businesses we really wanted to see, businesses that contribute methods, technology and practices for such a long insulated land, that was the democratic dividend," Turnell said. "We had a truly amazing array of commitments with the government," Russell Cohen, Grab's director of local Operations, said in an interview.
With Myanmar having reaffirmed in June that new legislation will come into force on 1 August that will allow aliens to spend up to 35% on investing in domestic businesses, further FDI is expected to come. As Soe Win, a member of the National League for Democracy's governing body's main business executive and now the country's finance minister, said in an interviewer'Myanmar can't stay at 35 percent' when major provincial actors like Standard Chartered Plc and HSBC Holdings Plc come to the state.