YANGON // Myanmar's democracy icon Aung San Suu Kyi is on the verge of being freed from house arrest, officials in the military-ruled country said on Friday as hundreds of her supporters gathered in anticipation.
Security was stepped up in Yangon, where Suu Kyi remained confined to her crumbling lakeside mansion, with police vehicles patrolling the city.
The Nobel Peace Prize winner, locked up for most of the past two decades, is still seen as the biggest threat to the junta, but her freedom appears to be a price it is willing to pay to deflect criticism of recent elections.
"The authorities will release her. It is certain," a government official said, speaking on condition of anonymity.
Lawyers for the 65-year-old dissident say her current term of house arrest started with her imprisonment on May 14 last year and is due to end on Saturday.
"She will be released for sure as planned," said another government official, who also declined to be named.
Suu Kyi's detention was extended by 18 months last year over a bizarre incident in which an American swam uninvited to her lakeside home, keeping her off the scene for the first election in 20 years.
About 600 supporters and onlookers gathered at her National League for Democracy, or NLD, party's headquarters on Friday, some wearing T-shirts bearing her image and the words "We stand with Aung San Suu Kyi."
Undercover police were photographing and filming outside the offices, where a banner hung alongside two portraits of the opposition leader read: "The time is here for the release of Aung San Suu Kyi."
Some NLD members planned to donate blood to a local hospital to mark her release.
However, as night fell the supporters started to go home in response to a call from party leaders, who said they still had no word on the timing of her release, which an unnamed government official said would come on Saturday.
Her supporters said they expected her to be freed but were still awaiting confirmation from the authorities.
"They cannot extend her detention according to the law," said one of her lawyers, Nyan Win. "They should release her for the country."
The daughter of Myanmar's independence hero Gen. Aung San swept her party to victory in elections two decades ago, but the party was never allowed to take power.
When the soft-spoken but indomitable opposition leader was last released in 2002, she drew huge crowds wherever she went--a reminder that years of detention hadn't dimmed her immense popularity.
Some observers believe her release could come with restrictions to ensure she can't threaten the generals or the military-backed government to which they are preparing to hand over power.
However, Nyan Win has suggested she would refuse to accept any conditions on her release, as in the past when she tried in vain to leave Yangon in defiance of the junta's orders.
Although some see her as a figure from the past, sidelined by recent political developments, she remains idolised by many in the impoverished nation.
"I am praying for her to be released," said a 30-year-old taxi driver in Yangon, adding that Suu Kyi had "suffered enough".
Her freedom is seen by observers as an effort by the regime to tame international condemnation of Sunday's election, the first since the 1990 vote.
Western nations and pro-democracy activists have criticised the poll as anything but free and fair following widespread reports of intimidation and fraud.
However, key ally China along with Myanmar's Southeast Asian neighbors have welcomed the vote as a step towards democracy, and Thai Prime Minister Abhisit Vejjajiva said Friday that freeing Suu Kyi "would ease pressure" on the junta.
The NLD's decision not to participate in the election deeply split Myanmar's opposition and Suu Kyi's party has been disbanded, leaving her future role uncertain.
The main army-backed party, the Union Solidarity and Development Party, or USDP, says it has won 80 per cent of the seats in the election.
Partial official results show it has already secured a majority in the House of Representatives with 187 seats out of 219 counted so far, from the 326 that were available.
Another 110 seats in the 440-seat chamber were already reserved for the military, which together with its political proxy looks set to have a comfortable majority for passing laws.
Company%20profile
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How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
UAE currency: the story behind the money in your pockets
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UAE currency: the story behind the money in your pockets
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Scotland's team:
15-Sean Maitland, 14-Darcy Graham, 13-Nick Grigg, 12-Sam Johnson, 11-Byron McGuigan, 10-Finn Russell, 9-Ali Price, 8-Magnus Bradbury, 7-Hamish Watson, 6-Sam Skinner, 5-Grant Gilchrist, 4-Ben Toolis, 3-Willem Nel, 2-Stuart McInally (captain), 1-Allan Dell
Replacements: 16-Fraser Brown, 17-Gordon Reid, 18-Simon Berghan, 19-Jonny Gray, 20-Josh Strauss, 21-Greig Laidlaw, 22-Adam Hastings, 23-Chris Harris
MATCH INFO
Bayern Munich 2 Borussia Monchengladbach 1
Bayern: Zirkzee (26'), Goretzka (86')
Gladbach: Pavard (37' og)
Man of the Match: Breel Embolo (Borussia Monchengladbach)
WE%20NO%20LONGER%20PREFER%20MOUNTAINS
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
Race card
6.30pm: Maiden (TB) Dh 82,500 (Dirt) 1.600m
7.05pm: Maiden (TB) Dh 82,500 (D) 2,000m
7.50pm: Handicap (TB) Dh 82,500 (D) 1,600m
8.15pm: The Garhoud Sprint Listed (TB) Dh 132,500 (D) 1,200m
8.50pm: The Entisar Listed (TB) Dh 132,500 (D) 2,000m
9.25pm: Conditions (TB) Dh 120,000 (D) 1,400m
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
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Top 10 in the F1 drivers' standings
1. Sebastian Vettel, Ferrari 202 points
2. Lewis Hamilton, Mercedes-GP 188
3. Valtteri Bottas, Mercedes-GP 169
4. Daniel Ricciardo, Red Bull Racing 117
5. Kimi Raikkonen, Ferrari 116
6. Max Verstappen, Red Bull Racing 67
7. Sergio Perez, Force India 56
8. Esteban Ocon, Force India 45
9. Carlos Sainz Jr, Toro Rosso 35
10. Nico Hulkenberg, Renault 26
ALRAWABI%20SCHOOL%20FOR%20GIRLS
%3Cp%3ECreator%3A%20Tima%20Shomali%3C%2Fp%3E%0A%3Cp%3EStarring%3A%C2%A0Tara%20Abboud%2C%C2%A0Kira%20Yaghnam%2C%20Tara%20Atalla%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
MATCH INFO
Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')
Leeds United 2 (Cooper 41'; Dallas 73')
Man of the match: Scott McTominay (Manchester United)
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
Elvis
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THE TWIN BIO
Their favourite city: Dubai
Their favourite food: Khaleeji
Their favourite past-time : walking on the beach
Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll
Company%20profile
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MATCH INFO
Uefa Champions League semi-finals, first leg
Liverpool v Roma
When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome
The%20specs%3A%20Macan%20Turbo
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The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
ANALYSTS’ TOP PICKS OF SAUDI BANKS IN 2019
Analyst: Aqib Mehboob of Saudi Fransi Capital
Top pick: National Commercial Bank
Reason: It will be at the forefront of project financing for government-led projects
Analyst: Shabbir Malik of EFG-Hermes
Top pick: Al Rajhi Bank
Reason: Defensive balance sheet, well positioned in retail segment and positively geared for rising rates
Analyst: Chiradeep Ghosh of Sico Bank
Top pick: Arab National Bank
Reason: Attractive valuation and good growth potential in terms of both balance sheet and dividends
match details
Wales v Hungary
Cardiff City Stadium, kick-off 11.45pm
Killing of Qassem Suleimani
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Roger Federer's 2018 record
Australian Open Champion
Rotterdam Champion
Indian Wells Runner-up
Miami Second round
Stuttgart Champion
Halle Runner-up
Wimbledon Quarter-finals
Cincinnati Runner-up
US Open Fourth round
Shanghai Semi-finals
Basel Champion
Paris Masters Semi-finals
The biog
Prefers vegetables and fish to meat and would choose salad over pizza
Walks daily as part of regular exercise routine
France is her favourite country to visit
Has written books and manuals on women’s education, first aid and health for the family
Family: Husband, three sons and a daughter
Fathiya Nadhari's instructions to her children was to give back to the country
The children worked as young volunteers in social, education and health campaigns
Her motto is to never stop working for the country
T20 World Cup Qualifier fixtures
Tuesday, October 29
Qualifier one, 2.10pm – Netherlands v UAE
Qualifier two, 7.30pm – Namibia v Oman
Wednesday, October 30
Qualifier three, 2.10pm – Scotland v loser of qualifier one
Qualifier four, 7.30pm – Hong Kong v loser of qualifier two
Thursday, October 31
Fifth-place playoff, 2.10pm – winner of qualifier three v winner of qualifier four
Friday, November 1
Semi-final one, 2.10pm – Ireland v winner of qualifier one
Semi-final two, 7.30pm – PNG v winner of qualifier two
Saturday, November 2
Third-place playoff, 2.10pm
Final, 7.30pm
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