myanmar business today - vol 2, issue 35

September 4-10, 2014Myanmar Business Today

mmbiztoday.com

MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL

Inside MBT

mmbiztoday.com September 4-10, 2014 | Vol 2, Issue 35

Myanmar Summary

Dawei SEZ Project to Come Out of Hiatus by November

May Soe San

Tlion dollar Dawei

tenders to complete the

ion minister for transport and also the chairman of

ment committee, told Myanmar Business Today

Thailand and a Japanese

to an invitation to tender

However, Thailand and Myanmar seized control

instead of an open tender

told Myanmar Business Today.

zone, commercial and

hospitals and schools,

work it has completed,

xm;0,ftxl;pD;yGm;a&;Zkef\&yfwefYxm;aompDrHudef;rsm;udk jyefvnftaumiftxnfazmf&ef ukrÜPDrsm;udk wif'gac:,lxm; NyD; atmufwdkbmESifhEdk0ifbmv twGif; jyefpoGm;rnfjzpfaMumif; yd k Yaqmifa&;0ef BuD;Xme jynf axmifpk'k0efBuD; OD;[efpdefu Mo*kwfv 18 &ufaeYwGif ajym Mum;cJhonf/

xdkodk Yaqmif&GufEdkifa&;twGuf vuf&Sdvkyfudkifaeonfhxdkif;EdkifiH rStDwmvsHxdkif;trsm;ydkifukrÜPD

vDrdwufITD ESifh *syefEdkifiHrS ukrÜPDwpfckwkd Yudk a&G;cs,fum (Selecting Tender) ac:,lxm; NyD; vkyfudkifcGifha&G;cs,frItqifh NyD;qHk;oGm;ygu vkyfief;rsm;udk jyefvnfpwifrnfjzpfonf/

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anmar and Thailand for

the massive investment

interest and the dearth of

A motorcyclist rides past a dirt road at a site for the multibillion dollar industrial estate in Dawei district.

Khe

ttiya

Jitt

apon

g/R

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mmbiztoday.com

2LOCAL BIZ

MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL

Board of EditorsEditor-in-Chief - Sherpa Hossainy

Email - [email protected]

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Ph - 09 40 157 9090

Regional & International Editors

Logan Linnane

Reporters & ContributorsHtun Htun Minn, May Soe San, Kyaw Min,

Wai Linn Kyaw, Tin Mg Oo, Aye Myat,

Aung Phyo, Zwe Wai, Phyo Thu,

David Mayes, Sherpa Hossainy,

Aundrea Montaño, Logan Linnane

Art & DesignZarni Min Naing (Circle)


Ko Naing


DTPMay Su Hlaing

TranslatorsAye Chan Wynn, Wai Linn Kyaw,

Phyu Maung

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Zin Wai Oo, Nay Lin Htike

Advertising Hotline - 09 420 237 625, 09 4211 567 05,

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09421149720

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Business News in BriefBank to lend to gems industry to open soon

Sugar Development Public Co to sell up to 200,000 shares

Total forex reserves estimated at over $5b

Rice exports up 25pc on Russian demand

Airbus taps Myanmar’s tourism

Indian Gov’t plans to import 500,000 tonne rice from Myanmar

Myanmar SummaryjynfwGif;&Sd ausmufrsuf&wemvkyfief;vkyfudkifaeaom pD;yGm;a&;

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Airbus wdkY\&[wf,mOfrsm;udk a&mif;csiSm;&rf;Edkif&ef pDpOfaeonf[k Airbus &[wf,mOfta&SUawmiftm&S'kwd,Ouú|u ajymcJhonf/ yk*HwGif rdk;ysHyl;azmif;jzifh obm0½Icif;rsm; MunfhouJhodkY Airbus taejzifhvnf; ,if;uJhodk Y0efaqmifrIrsm; axmufyHhay;Edkif&ef arQmfvifh aeonf[k od&onf/

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mmbiztoday.com

3LOCAL BIZMMPD to Sell 70,000 Shares

Phyo Thu

T

will set the limit on the

der to prevent monopoly

of piracy, which also

ately need investment,

plan and economic vision,

“[The company] said

the Myanmar Motion

try professionals, seeks to

velopment can provide a creativity investment and

The company is also

Kachin Traders Call for Easing Trade Restrictions

May Soe San

A

Despite Kachin state’s

Most of the transactions

also come into Kachin

Myanmar or Kachin state

involved in this process,

Kachin state is hindered

Myanmar Summary

Myanmar Summary

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The Shae Saung Cinema theater in Yangon.

Sea

thea

ter


mmbiztoday.comLOCAL BIZ 4

Myanmar Summary

Myanmar Summary

Bean Exports to the EU Hit Snags

Phyo Thu

Tports to the EU is

the lack of international

they were only aimed at

the association, told My-anmar Business Today.

meet the standards of the

in the market have

MyanmarBusiness Today.

and promises, the com

lel demand from other

pore and Thailand in ad

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Women from Myanmar shell kidney beans in front of a closed store in the border town of Moreh.

Rup

ak D

e C

how

dhur

i/Reu

ters

Myanmar Plans to Expand Yangon City

via Private InvestmentZwe Wai

Myanmar’s Yan

ment of developers and

ed to potential developers

opment and the need to

and the Twante canal

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Myanmar Summary

Your Myanmar Taxes (Part III): Commercial Tax

Does Myanmar have

ity in the marketplace at

the wholesaler sells to a dealer and in step three

of the level on which they

While Myanmar doesn’t have a VAT, it does have

while every transaction

the VAT, entities don’t

practice, the commercial

Let’s look at how the

James Finch & Kyaw Swa Myint

for most services that fall

ple, healthcare services,

hotel in Myanmar, when

percent tacked on for

of commerce for these

DF

DL

Shutterstock

James Finch is a part-ner at DFDL Myanmar Limited, resident in Yan-gon. Kyaw Swa Myint is an advisor at DFDL My-anmar Limited’s Yangon Tax Business Unit.

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Contd. P 9...

Myanmar’s Special Economic Zones: Jumpstarting an Economy in a Rut

Htun Htun Minn

MEconomic Zone Law, enacted

to improve the socioeco

economic prosperity from

the Myanmar people,

the new development ini

ple, locals relocated from residential areas for the development of Thilawa

receive the ‘fair compensation’ promised in the

companies to compensate residents for land and crops, and to provide a

not lower than that en

development process has

will take an in depth look

Thilawa SEZ

ments and private con

Development Limited

the Myanmar Thilawa

Limited, and a Japanese

has made relatively more

international standards

developers and local resi

avoided residential areas

the second phase of the

However, local farmers

means to economically

Kyaukphyu SEZUnlike Myanmar’s other

ment is heavily involved,

oped in three phases, with

was later moved to a site

covery of a clay volcano at

zone, displacement of

in a plan that places the

tial zone in the sea area,

placement of residents is

eas set for development

pact their socioeconomic

their land and livelihoods

and now the development

nese investment in the

consists of three components,which in

of the tender process will

plans that will help deter

Dawei Deep Seaport SEZ

the Myanmar and Thai

is in talks with Japan to

of Myanmar, Thailand

well as the tender process to invite interested international companies to

Japan is also consider

“Japan has participated

that is far more advanced

perior principles in precision and environmental

Despite cooperation

cess will remain with the

ments and frameworks

of Myanmar, Thailand

pital, school and market

national tender process to develop the initial infra

park, power plant, resi

however, with the pro

Myanmar Summary

Contd. P 9...

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Former Dawei Development Company’s Managing Director Somjet Thinaphong shows a model of the Dawei economic zone. After months of negotiations and failed promises, a proposed multi-billion dollar Myanmar port and special economic zone that could transform Southeast Asian trade appears back on track.

Suk

ree

Suk

plan

g/R

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rs


mmbiztoday.com

7



Myanmar Summary

Myanmar’s Solar Ambitions Kickstarts with $480-m ACO Pact

Cathy Chan

M

kets, to develop two solar

cent of Myanmar’s power

er, said last year that the

lion on Myanmar as the

dropped economic sanc

cess that elected opposi

yan and Meiktila districts, where the two plants are

tive Michael Froman was

Investment Push

trade and investment ties

tion of development that is at the heart of President

Froman said in the re

panded its footprint in

to promote partnerships

today’s level, Pritzker

Mandalay region

development in the Man

try depends heavily on hydropower, which de

the dry season, the re

east Asian nation that

Bloomberg

Reu

ters

MIC Announces Investment Categories with ‘No Tax Exemption’

Kyaw Min

T

oline, diesel, machine oil

cle services and low tech

which is related to milk

tistics, Myanmar received

formed the investment

Economic Development, has so far this year per

that Myanmar attracted

Electric power sector

percent of the total, fol

Myanmar Summary

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mmbiztoday.com

9

From page 6...

LOCAL BIZ

Myanmar Summary

Japan to Provide Three New Ferries for Yangon River

Tin Mg Oo

Jthree new ferries to

tween Pansodan and Dala

tion of the three ferries was completed over a month

Japan, said U Myint Than

“All three ferries are

has the capacity to load the three ferries, and will

The pilots who will

A ferry on the way to Dala jetty on Yangon river.

Tin Mg O

o

in reference to the cherry

rent ferries are so crowded

a shareholder of Thilawa

law remains limited, it is

mar’s economic recovery

people at the helm of the

From page 6...

spected for repairs every

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Myanmar Summary

U A

ung/

Xin

hua

China UnionPay to be Introduced This Month

Aye Myat

in cooperation with

Travel UnionPay card for

for payment at ATM and

Flightline Wins Jet Refuelling Orders in Myanmar

Wai Linn Kyaw

Fhicles and systems, has

clinch orders in the for

the trade sanctions were

Amid the recent open

ternational Airport is now

Richard Lewis, sales and

“When the tender came

partner company, who

Southeast Asia focus

line are a fantastically am

they are already a well es

new markets shows their

Lewis added, “Thailand,

markets where airport de

The company are also

tional Airport show in

port, recently visited the

ties with Myanma Petro

years to markets across East and West Africa, the

international electronic payment card in Novem

Aung Phyo

on inward investment, advisory and corporate

Myat, who was formerly

of Myanmar, there was a

a need in Myanmar for

Daw Hla Hla Khine, who specialises in telecom

partner and director of

Myanmar Summarypifumyltajcpdkuf Joseph

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Myanmar Summary

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Myanmar Summary

MPE Invites Oil Tanker, River Crafts Tender

Aye Myat

The Myanma Petrochemical En

Petrochemical Movement

The invitation is open to all interested local and

tion in accordance with coastal oil tankers, river

information related to coastal oil tankers, river

American Firms Optimistic About Doing Business in Myanmar, ASEAN: Report

Wai Linn Kyaw

U

merce and the American

companies keep a keen

respondents in Myanmar indicate that their company’s level of trade and

has increased in the past

percent of respondents

companies in Myanmar

that Myanmar is one of

president of the Myanmar

percent report satisfac

panies are viewed more

Myanmar Summary

Sherpa H

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Myanmar Summary

MAI to Fly to Osaka from OctoberKyaw Min

tional said it will

dian capital Phnom Penh

All Nippon Airways halted a service to and from

operated as a charter ser

to Myanmar, the airline

the service from a char

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Turkey, Myanmar Sign Civil Aviation Agreement

Aung Phyo

T

key and Myanmar civil

two or more airlines share

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MIC Gives New Onshore Investment Nod

Phyo Thu

Mtwo local and international companies to invest in

lamyine and Htan Ta Pin

ation in areas with poten

from the operations will

and capital capacity, the

coordinator from Ecodev

Thar areas in Ayeyarwad

percent of the total trade

closely and it also has to prepare a report on the

implement a three year

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mmbiztoday.comREGIONAL BIZ 13

Myanmar Summary

Mongolia and China Expand Size of Bilateral Currency Swap to $2.4 Billion

Chen Yixin

M

increase in size from the

deals on railroads, min

vice said in its research

Reuters

Tata Steel Thai Unit Sees No Sales Growth This Year on Weak Demand

Manunphattr Dhanananphorn

Tmaker said it did

mestic demand had not

year, Thailand’s over

Domestic demand for

While overall demand

demand from the mili

at home and in international markets, Thai steel

Thai steelmakers have

also asked the commerce ministry to implement

Reuters

Myanmar Summary

Jero

me

Fav

re/B

loom

berg

Steel slabs are stored at a Tata steel plant.

Nigel R

oddis/Reuters

NEFIT Plans Car Rally to Boost Ties with Myanmar, Thailand

With an aim to promote trade

The North East Fed

the only option left to es

economic prosperity and

The proposed car rally

a new dimension of over

The main aim of the

East with Myanmar and

“Myanmar and Thai

“This is open to nation

We may consider allow

PTI

Myanmar Summary

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Myanmar Summary

Border Trade Fuels China’s $32-b Money Smuggling Operations

Despite strict reinstance, is rampant in

and enterprises the main

into Myanmar to pay for

tance of massive renmin

A security guard rides his bicycle past a beer advertisement at a market in Bangkok.

Thai Junta Cracks Down on Alcohol Promotions

Sukree S

ukplang/Reuters

Wai Linn Kyaw

Twarned that it intends to enforce

promotion of alcohol, in

Details of the law are

Under the newly en

sponsorship or any kind

to strictly enforce laws on

which rely heavily on ad

Myanmar Summary

Imag

eChi

na

enterprises, avoid any of

The appetite for ren

themselves, in small

transfer them to Myan

or Macao, at a commis

part, on the market, and

tens of millions and con

WCT

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Myanmar Summary

China’s Net Gold Imports from Hong Kong Fall to Lowest

Since June 2011Lewa Pardomuan

Reuters

Thai Green Tea Maker Ichitan to Build New Plant in Indonesia

First foreign expansion for green tea supplier

Khettiya Jittapong

T

tap into a market where

year, the company said in

nels in modern trade and convenience stores na

in the central province of

ates Japanese food res

especially in Myanmar,

Reuters

Myanmar Summary

Kerem

Uzel/B

loomberg

WM

C

Around 500,000 T Thai Rice Shipments Delayed due to Labour Shortage-Traders

Apornrath Phoonphongphiphat

Aof Thai rice shipments, mostly of par

This is likely to dent a

ernment’s costly interven

of deck workers at ports,

which trades several

port in the second half of

Laothamatas, the head of

lion tonnes this year as

million tonnes Thailand

tonnes of rice from stocks

pected to hold similar

However, traders see

Thailand’s overseas rice

or even lower this year on

Reuters

Myanmar Summary

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Soldiers check sacks of rice at a warehouse in Ayutthaya province, north of Bangkok.

Cha

iwat

Sub

pras

om/R

eute

rs

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mmbiztoday.comINTERNATIONAL BIZ 16

German Business Morale Sours for Fourth Straight Month in August

IFO economist says Ukraine crisis burdening German economy

Michelle Martin

Gsentiment dropped

Ukraine crisis and the im

forecast for a decrease to

That was its lowest lev

of the economy after a

the German economy has

said Thomas Gitzel, chief

“Geopolitical risks are

Ukraine crisis and sanc

said Germany was still far

of those are concerned

Moscow and the West

Henkel has forecast a

fall in car and machinery

Reuters

IMF’s Lagarde Put Under Investigation in French Fraud Case

Chine Labbe

considered their decision mer president Nicolas

Christine Lagarde, managing director of the International Monetary Fund (IMF).

And

rew

Har

rer/

Blo

ombe

rg

Reuters

Myanmar Summary

Myanmar Summary

-nich, Germany.

Krisztian B

ocsi/Bloom

berg

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mmbiztoday.comINTERNATIONAL BIZ 17

Myanmar Summary

Patriotism in Canadian DealLuciana Lopez

Whe is also well known as a cheerleader for the

their money in America, “the mother lode of op

they are corporate desert

the market savvy that’s

-terview in New York.

Scott E

ells/Bloom

berg

his analysis instead of the

Hathaway has committed

folio, will have no role in

the reasons for the move

“Tim Hortons earns more

Not a dime more

third richest person, has

He has also advocated

has defended the idea that corporations in the

pay a dime more of corpo

ic American companies,

company owns plenty

US Budget Gap Narrows to Smallest Since 2007, CBO Says

Mike F

uentes/Bloom

berg

Kasia Klimasinska

Tcit will narrow less than forecast this

year even as it falls to the

a share of the economy,

with an April prediction

last year, the nonparti

The report today shows

Elmendorf said at a press

of economy, and federal

Lower yields

as the collapse of yields in

dicted the economy will

year compared with the

ance, and then at a faster

Unemployment this Bloomberg

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Reuters

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Myanmar Summary

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mmbiztoday.comINVESTMENT & FINANCE 18

Myanmar Financial Sector Opens Up for Foreign Banks

Stefanie Siegfried

Myanmar is one

which once complete, will provide a platform for

in this process was the

lows international inves

payments for all its com cial sector faces several

ter, to meet international

and therefore mostly a re

Myanmar and are only

directed operations as al

fear that their competi

the lack of information

is a necessary facilitator

the sector’s rapid devel

Stefanie Siegfried is a legal consultant at Stro-hal Legal Group, a law

-sonalised services spe-cialising in international and cross border busi-ness. SLG enjoys a well-established reputation across Europe, Southeast Asia and the Middle East. In Myanmar, SLG pro-vides services under the name U Min Sein & Stro-hal Associates Law Firm.

The views and opinions expressed here are the author’s own and do not

-anmar Business Today’s editorial opinion.

Myanmar Summary

While foreign bank see the lifting of restrictions as an opportunity to enter new markets, local banks fear that their competitiveness will be decreased.

Soe Z

eya Tun/Reuters

“The run up to the open-ing of the Yangon Stock

Exchange will herald new laws and bring enhanced

scrutiny on financial regula-tions as a number of companies

queue to sell their shares.”

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Myanmar Summary

David Mayes

Most people don’t typically think of

to develop other people

forms of investment in

lionaires worldwide from

sive income, and one that

it is often said that the core

ple are often closed mind

the creator of the now fre

income into passive and

of an investment tool is

initial investment that has

Investing in Human Capital

millions in a short period

one of the only places in

people from very poor

who simply followed the

event, despite the fact that the company had

and forth with their whole

ties in Myanmar will see

to invest their time in

into leaders will have the

in Myanmar for those

David Mayes MBA provides wealth man-agement services to ex-patriates throughout Southeast Asia, focusing on UK Pension Trans-fers. He can be reached

HuffP

ost

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xdkxJwGif atmifjrifaeaom jrefrmvlrsK d ;trsm;tjym;tm; vnf; jrifawGUcJh&NyD; ,if;ukrÜPD rSm jrefrmEdkifiHwGifjzefYcsda&;pifwm yif rzGifhvSpf&ao;aMumif; od&

onf &efukefwGif½kH;cGJzGifhvSpfawmh rnfjzpfNyD; jrefrmEdkifiH yGifhvif; vmrIESifhtwl0ifa&mufvmaom taumif;qHk;tcGifhtvrf;wpfck yifjzpfvmEdkifonf/

at [email protected]. Faramond UK is regulated by the FCA and provides advice on pen-sions and taxation.



USABC Eyes to Boost Myanmar SMEs’ CompetitivenessAundrea Montaño

Ntend an event meant to

of Myanmar’s small and

of Myanmar Federated

attended this event heard

Attendees also had the

ment is committed to

welcomes international

looks forward to more

from technical and infor

lars, Myanmar is incred

ity to provide the capital

The Alliance will work to

talked to the Minister of

raise capital and we are

capital companies inter

However, with decades of economic isolation,

options to Myanmar will

nascent development of the sector and the lack of

Myanmar’s small and me

companies, which trade shares on an over the

shareholders where the

low to accommodate ac

An attendee at the con

While it may have an internationally accepted

Myanmar if international

lieve the only way to raise

have a historical aver

colonial period, domestic

pression when the price

their land as collateral on

is most certainly a vi

capitalists, and even an

how political risk models

ment advocacy is incred

development of Myan

and preparation to com

Myanmar Summary

Panalists at the US-ASEAN Business Alliance for Competitive SMEs Conference.

Aundrea M

ontaño

“Debt financing is only one way that SMEs can raise capital and we are

looking at this issue in the program across the board. That not only

includes debt financing, but also microfi-nance, equity, mixtures of debt and equi-ty, and we are trying to get some of our venture capital companies interested in ASEAN, which can also raise the bar for

Myanmar.”

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(AEC) twGuf jyifqifa&; avhusifha[majymyGJtcrf;tem; udk &efukefwGif usif;y&m pGefYOD; wDxGifol vkyfief;&Sifaygif; 300 eD;yg; wufa&mufcJhMuonf/

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jrefrmtpdk;&onf SME rsm; zGHUNzdK;wdk;wufa&;twGuf pD;yGm; a&;ESifhOya'ywf0ef;usifrsm;udk jr§ifhwifay;&ef ESpfjr§Kyfaqmif&Guf vsuf&SdNyD; SME Oya'Murf; xkwfjyefjcif;ESifh SME rsm; zGHUNzdK; a&;pifwmudkvnf; wnfaxmif oGm;rnfjzpfaMumif; pufrIvkyf ief;0efBuD; OD;armifjrifhu qdk onf/ jrefrm SME rsm; a'o wGif;ESifh EdkifiHwumaps;uGufxJ wGif aumif;pGmaygif;pnf;Edkifa&; twGuf EdkifiHwumrS yl;aygif; aqmif&GufrItm; BudKqdkaMumif;

r[mrdwftzGJUonf r@dKif av;ckudk tm½Hkpdkuf&Sif;vif;cJhNyD; ,if;wdkUrSm aiGaMu;? tcsuf tvufvTJajymif;jcif;? enf;ynm ESifhavhusifhay;rIrsm; jznfhqnf; ay;&efwdkUjzpfonf/



Myanmar Summary

Myanmar Investments Inks

Tin Mg Oo

Mvestments Ltd

with Myanmar Finance Directors of the com

the new JV, Myanmar Fi

Under the terms of the

an initial phased contri

percent of the new com

The partners will ini

the form of a transfer of

The JVA is conditional

visory Enterprise, part of the Myanmar Ministry of

Fah

mid

Bhu

iya/

PG

MF

Myanmar’s Small Energy Producers Need Funding, Tech Support: Experts

May Soe San

To facilitate the development of small

that there is little interna

Myint, chair of Renew

Myanmar, said at the en

ships in order to rapidly

to the department of elec

the cost to implement

if we can provide it at a

Myanmar’s electricity

ter plan for electricity

to the Ministry of Electric

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vuf&S d jrefrmEd ki fi Htaejzif h toHk; jyKEdkifrnfhavp Gr f ;ti f ? Bio Mass ? qdkvm? [dkuf'½dkyg0g ponf hobm0ud ktajcc H Ny D ; obm0ywf0ef;usiftwGuf rxd cdkufapbJ a&&SnfzGHUNzdK;wdk;wuf aponfhpGrf;tifudk tajccHonfhenf;vrf;rsm;udk aqG;aEG;cJhjcif; jzpfonf/

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2013-14 b@ma&;ESpfwGif jrefrmEdkifiHwGif vQyfppf"mwftm; 3970 'ór 8 r*g0yf toHk;jyK

Myanmar Summary &mwGif a&tm;vQyfppfrS 74 &mcdkif E Ie f ; jzpfonfh 2919 r*g0y f ? obm0"mwfaiGUrS 23 &mcdkifEIef; jzpfonfh 931 'or 8 r*¾g0yf ESifhausmufrD;aoG;rS 120 r*¾g0yf xkwf,lcJhaMumif;ESifh electricitymater plan 2030-2031 b@m a&;ESpfwGif 23ç594 r*¾g0yfxkwf vkyf&efvsmxm;aMumifvQyfppf pGrf;tm; 0efBuD;XmerS od&onf/

Wai Linn K

yaw

jrefrm&if;ESD;jr§KyfESHrI EdkifiHwum v Dr dwu f\vu fatmu fc H pifumyltajcpdkuf jrefrm&if;ESD; jr§KyfESHrIvDrdwuf (MIL) onf jrefrmaiGaMu; ukrÜPD (MFC)ESifh tpkpyfvkyfief;wnfaxmif &ef oabmwlvufrSwfxd k ;c J h aMumif; ,if;ukrÜPDu xkwfjyef xm;onf/

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MFIL onf jrefrmtpdk;&\ cGifhjyKrIjzifh aiGacs;cGifhESifh aiGpk vufcHcGif hvdkifpifESpfrsK d;vHk;&&Sd rnfjzpfonf/

MFIL onf jrefrmEdkifiH\vkyfxH k;vkyfenf;rsm;ESif htnD Ed ki fiH jcm;ukrÜPDwpf&yftjzpf jrefrmEd ki fiHwGif zG J Upnf;wnf

u qdkonf/oabmwlnDcsufyg tcsufrsm;t& MFC onf

tao;pm;aiGaMu;vkyfief;rsm; udk MFIL xJodkY aygif;xnfhrnf jzpfNyD; ESpfzufvufwGJzufrsm;u yl;aygif;pDrHcef YcG Jrnfjzpfonf/þtpkpyfvky fief;ay:ayguf &efrSm MFIL twGuf tao; pm;aiGaMu;vkyfief;vdkifpif&&Sd jcif;tay:rlwnfvsuf&SdNyD; jrefrm b@ma&;0e f BuD ;Xme\wpf p dwfwpfy d ki f ; jzp faom jrefrm tao;pm;ai Ga Mu;vky fie f ; BuD;Muyfa&;vkyfief;rS rMumcif xkwfay;oGm;rnf[k arQmfvif h xm;aMumif; od&onf/



Myanmar Summary

Myanmar on Track to Full AEC Implementation: President

Htun Htun Minn

Ethe preparations

completed and the rest is

Myanmar President and

The plan for implement

ceived in Nay Pyi Taw declaration adopted at

th

“As the chair, Myanmar

the implementation of

lined the importance of

nity that can lead to widespread development and

Laos, Myanmar and Viet

“To implement a politically, economically and

the competitiveness of

the only nation ready for

Four Firms Shortlisted for Myanmar Jet Fuel Distribution Venture

Aung Hla Tun

Fthe three international air

and capital Naypyitaw is

Myanmar Summary

Myanmar Summary

U A

ung/

Xin

hua

Soe

Zey

a Tu

n/R

eute

rs

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onf/]]2014ckeSpftmqD,HtvSnfhus

Ouú|taeeJY tmqD,Htodkuf t0ef;xlaxmifrIudkowfrSwfxm; wJhtcsdeftwGif;NyD;ajrmufatmif tm;ay;wdkufwGef;oGm;r,f}}[k

tvGef tmqD,HarQmfrSef;csufudk csrSwfEdkifrIonf rsm;pGmta&;BuD; NyD; trsm;yg0ifEdkifaom jynfol udk A[d k jyKonhf tmqD,Honf us,fjyefYonhfpD;yGm;wdk;wufrIudk &&S d&rnfjzpfum tcGif hta&; enf;yg;onhfvlUtzGJUtpnf;tpdwf tydkif;rsm;txd pD;yGm;a&;zGHUNzdK; wdk;wufrI\tusKd;udk cHpm;Edkifap &rnfjzpfonf/þrQwonhfpD;yGm; a&;zG HY NzdK ;w d k ;wufrIudk &&S d&e f tmqD,Htaejzifh tmqD,Haygif; pnf;a&;qdkif&mBudK;yrf;rIESifhzGHUNzdK;rI uGm[rIrsm; avsmhenf;aerIrsm; udk BudK;yrf;cJhonf/

Reuters

Foreign Investors Permitted Full Ownership of More Businesses

Kyaw Min

T

nesses with endorsement from relevant ministries,

will remain a restricted

ted on the condition that

jrefrmEdkifiHwGif*sufav,mOfqD rsm;jzefUcsd&efEdkifiHydkifjrefrma&eH xkwfukefvkyfief; (MPPE) ESifh tpkpyfvkyfief;wnfaxmifEdkifa&; twGufxdkif;EdkifiHESifhpifumylEdkifiH wdkUrSvkyfief;av;ckonfaemufqHk; tBudrfurf;vSrf;rIrsm;jyKvkyfrnf jzpf

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mmbiztoday.comPROPERTY & REAL ESTATE 23

Myanmar Summary

in Yangon (Part I)Kevin Heng

Myanmar, formerly known as

terms are often thrown

comes across when re

nicated is that Myanmar

tricity, not the contract

partner, not even the roof

pose of this article is to

Yangon’s commercial real estate

recent statistics for Grade A commercial space in

termed Grade A commercial space in the entirety

nent additions to Yan

it is clear why prices are

over the ownership of the

lack of imported materi

What type of custom-er are you?

Given the operational

However, are they the

ferent types of companies

whether their clients meet

companies who are the most likely clients of ser

have as many visitors, al

of the service companies

import their own prod

stalment of the article will present more analysis on

alternative to standard

Kevin is studying Poli-tics and International Relations at the Universi-ty of York in the UK. This article is a result of a pro-ject that Kevin was in-volved in while working at Consult-Myanmar Co Ltd in Yangon. Any views or opinion expressed in this article is the author’s

-anmar Business Today’s editorial opinion.

Contd. P 24...

Table 1 a

Table 1 b

Project facing difficulties

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Table 2


mmbiztoday.com

24

Myanmar Summary

From page 23...

PROPERTY & REAL ESTATE

Table 4 (Serviced offi ce comparison)

Table 3

China Says Planned Property Database Won’t

Be Open To PublicKoh Gui Qing

Tlic cannot access a planned property

vide, especially when it

more properties that they

central record of home

ment on Friday, only the owners of a property and

nied that the aim of the

for policymakers who

happiness of those who

Reuters

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2010rSpí,if;tcsuftvuf tpkta0;udk jyifqifaqmif&Guf vsuf&SdNyD; vlwpfOD;wpfa,muf u tdrfNcHajrrnfrQydkifqkdifonfudk 0ifa&mufMunfh½IEdkifrnf[k qdkcJh Muonf/ odk Y &mwGif tpd k;&\ rlMurf;xkwfjyefcsufrsm;t&ydkif&Sif odkYr[kwf ]]oufqdkifol}}rsm;om rSwfwrf;rsm;udk 0ifa&mufMunfh½I Edkifrnf[k yg&Sdonf/


mmbiztoday.comAUTOMOBILE 25

Myanmar Summary Myanmar Summary

MIE Insures over 8,700 Cars in 2013-14FYKyaw Min

A

cent of these vehicles are

“There are only a few cli

However, we have had more sales than private

the comprehensive cov

Kia to Build New Vehicle Assembly Plant in Mexico

Dave Graham & Luis Rojas

tomaker Kia Motors

The plant, with a capac

“This investment will

spokesmen at those com

The Kia plant marks the

tomakers as they seek to

retary of economic devel

Kia plans initially to pro

The plant will help Kia

last year, compared with

for crossovers like the

Reuters

Honda Says to Recall 63,200 Vehicles over Takata Air Bag Defect

Yoko Kubota

H

America and Africa,

cles in North America, he

vehicle, the company said

Honda has received no

Honda discovered

same defect, the Honda

Reuters

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Myanmar Summary

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Oliver S

low


mmbiztoday.com

26

Myanmar Summary

AUTOMOBILELook, No Hands! Test Driving a Google Car

Paul Ingrassia

The car stopped at

This test drive, in contrast, took place on the

Alpha Geeks of the sort

Valley’s dominant spe

sands of people are killed in car accidents every

old, confesses that he

mantras at every other

techie term for cars capa

closed its driverless car

A Google self-driving vehicle is parked at the Computer History Museum after a presentation in Moun-tain View, California.

Stephen Lam

/Reuters

plan for the driverless car,

day, simply says his mission is to perfect the tech

Not winning beauty contests, yet

radar sensor for collision

the car’s roof that’s loaded with lasers, cameras, sensors and other detection

form here, and that ro

title, oddly, is “Lead Test

desired destination to a

The driverless car hit the

known that the car was

within the speed limit,

limit when other cars are

‘Not a toy’

adapted versions of con

tricity, seat two people

driverless car in develop

the cars to

car try to protect its oc

cept it whenmachines make mis

takes, even if they make far fewer mistakes than

don’t think we can drive it

car is involved in a colli

end of this decade, predicted a detailed report

Chris Urmson, (L) director of Google’s Self-Driving Car Project, and team members Brian Torcellini, Dmitri Dolgov, Andrew Chatham, and Ron Medford (R), who is director of safety for the project, pose for a photograph in front of a self-driving car at the Computer His-tory Museum after a presentation in Mountain View, California.

Stephen Lam

/Reuters

radar that maintains a safe distance from the car ahead, are already on the

social and economic im

Paul Ingrassia, manag-ing editor of Reuters, is the author of three books on automobiles, and has been covering the indus-try since 1985. The car he drives is ... a red one.

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mmbiztoday.comIT & TELECOM 27

Myanmar Summary

Ooredoo Reaches 1 Million Subscribers; Eyes 25 Million by 2014

Kyaw Min

oredoo Myanmar has crossed the

tomer milestone within

live with its services, the

net services, with people

for the people of Myan

ner event in Nay Pyi Taw,

claimed that its team is

voice services and fast in

and access to the inter

net, and said the response

welcome we have received from the people of Myan

are committed to con

vested and installed the

Myanmar, which aims

to provide fast internet

a smooth transition to a

cations and information

the past few years, the

the ministry have worked

for the creation of a com

are closer than ever to

Ooredoo M

yanmar

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Telenor Uncovers Child Labour at Myanmar Network Suppliers

Aung Phyo

Tthe Financial Times re

The company said it

workers were sometimes

enor has entered Myanmar with the same stand

where it operates, he add

port said it had carried

inspections on companies

lay in central Myanmar,

Telenor said all the

were removed from the

WM

C

Myanmar SummaryjrefrmEdkifiHuyxrOD;qHk;rdkbdkif;

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uav;vkyfom;onf jrefrmrS trSwfwu,f jyóemjzpfonf [k w,fvDaemtrIaqmift&m&Sd csKyf Petter Furberg ajymonf/


mmbiztoday.com

28

INTERNATIONAL AND DOMESTIC FLIGHT SCHEDULEFligghhtss ffroom Yanggon (RGNN) to Bangkok ((BKK) Fligghhtss ffroom Banggkok (BKKK) to Yaangon (RGN)

Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:PG 706 1 2 3 4 5 6 7 RGN BKK 7:15 9:30 Bangkok Airways DD4230 1 2 3 4 5 6 7 DMK RGN 06:30 07:55 NOK AirlinesDD4231 1 2 3 4 5 6 7 RGN DMK 8:00 9:45 NOK Airlines 8M336 1 2 3 4 5 6 7 BKK RGN 6:40 7:25 MAIFD2752 1 2 3 4 5 6 7 RGN DMK 8:30 10:15 Thai AirAsia FD2751 1 2 3 4 5 6 7 DMK RGN 7:15 8:00 Thai AirAsia8M335 1 2 3 4 5 6 7 RGN BKK 8:40 10:25 MAI TG303 1 2 3 4 5 6 7 BKK RGN 8:00 8:45 Thai AirwaysTG304 1 2 3 4 5 6 7 RGN BKK 9:50 11:45 Thai Airways PG701 1 2 3 4 5 6 7 BKK RGN 8:50 9:40 Bangkok AirwaysPG702 1 2 3 4 5 6 7 RGN BKK 10:45 12:40 Bangkok Airways FD2755 1 2 3 4 5 6 7 DMK RGN 11:35 12:20 Thai AirAsiaY5-237 1 2 3 4 5 6 7 RGN BKK 18:05 19:50 Golden Myanmar Airlines PG707 1 2 3 4 5 6 7 BKK RGN 13:40 14:30 Bangkok AirwaysTG302 1 2 3 4 5 6 7 RGN BKK 14:45 16:40 Thai Airways Y5-238 1 2 3 4 5 6 7 BKK RGN 21:10 21:55 Golden Myanmar AirlinesPG703 1 2 3 4 5 6 7 RGN BKK 15:20 17:15 Bangkok Airways FD2753 1 2 3 4 5 6 7 DMK RGN 16:35 17:20 Thai AirAsia8M331 1 2 3 4 5 6 7 RGN BKK 16:30 18:15 MAI PG703 1 2 3 4 5 6 7 BKK RGN 16:45 17:35 Bangkok AirwaysFD2754 1 2 3 4 5 6 7 RGN DMK 17:50 19:35 Thai AirAsia TG305 1 2 3 4 5 6 7 BKK RGN 17:55 18:40 Thai AirwaysPG704 1 2 3 4 5 6 7 RGN BKK 18:25 20:20 Bangkok Airways DD4238 1 2 3 4 5 6 7 BKK RGN 19:30 20:15 NOK AirlinesTG306 1 2 3 4 5 6 7 RGN BKK 19:40 21:35 Thai Airways 8M332 1 2 3 4 5 6 7 BKK RGN 19:20 20:05 MAI

DD4239 1 2 3 4 5 6 7 RGN DMK 21:00 22:45 NOK Airlines PG705 1 2 3 4 5 6 7 BKK RGN 20:00 21:15 Bangkok Airways

FFligghhtss ffroomm Yangoon (RGN)) to Chiaang Maii (CNX) FFligghhtss ffroomm Chiangg Mai (CCNX) to YYangon (RGN)W9-9607 4 7 RGN CNX 14:50 16:20 Air Bagan W9-9608 4 7 CNX RGN 17:20 17:50 Air Bagan

Flligghtss ffroom Yanggon (RGNN) to Sinngapore (SIN) Flligghtss ffroom Singaapore (SIN) to Yangon ((RGN) Y5-233 1 2 3 4 5 6 7 RGN SIN 10:10 14:40 Golden Myanmar Airlines Y5-234 1 2 3 4 5 6 7 SIN RGN 15:35 17:05 Golden Myanmar AirlinesMI509 1 6 RGN SIN 0:25 5;00 SilkAir SQ998 1 2 3 4 5 6 7 SIN RGN 7:55 9:20 Singapore Airline8M231 1 2 3 4 5 6 7 RGN SIN 8:30 13:00 MAI 8M6231/3K585 1 3 4 5 6 SIN RGN 9:10 10:40 Jetstar AsiaSQ997 1 2 3 4 5 6 7 RGN SIN 10:25 14:45 Singapore Airline 8M232 1 2 3 4 5 6 7 SIN RGN 14:10 15:40 MAI

8M6232/3K586 1 3 4 5 6 RGN SIN 11:30 16:05 Jetstar Asia MI518 1 2 3 4 5 6 7 SIN RGN 14:20 15:45 SilkAir8M233 5 6 7 RGN SIN 13:45 18:15 MAI 8M235 5 6 7 SIN RGN 19:15 20:45 MAITR2827 1 2 3 4 5 6 7 RGN SIN 19:05 23:40 TigerAir TR2826 1 2 3 4 5 6 7 SIN RGN 17:05 18:25 TigerAirMI517 1 2 3 4 5 6 7 RGN SIN 16:40 21:15 SilkAir MI520 5 7 SIN RGN 22:10 23:35 SilkAir

FFliightts frromm Yangonn (RGN) tto Kualaa Lumpuur (KUL) Fligghtts frroomm Kuala LLumpur (KUL)too Yangonn (RGN)AK1427 1 2 3 4 5 6 7 RGN KUL 8:30 12:50 AirAsia AK1426 1 2 3 4 5 6 7 KUL RGN 6:55 8:00 AirAsia8M501 1 2 3 4 5 6 7 RGN KUL 8:55 12:55 MAI MH740 1 2 3 4 5 6 7 KUL RGN 10:05 11:15 Malaysia AirlinesMH741 1 2 3 4 5 6 7 RGN KUL 12:15 16:30 Malaysia Airlines 8M502 1 2 3 4 5 6 7 KUL RGN 14:00 15:00 MAI

Fligghtts frrom Yanngon (RGGN) to HHanoi (HHAN) Fligghtts frrom Hannoi (HANN) to Yanngon (RRGN) VN956 1 3 5 6 7 RGN HAN 19:10 21:30 Vietnam Airlines VN957 1 3 5 6 7 HAN RGN 16:35 18:10 Vietnam Airlines

Flligghhtss ffroomm Yangon (RGN) to Ho CChi Minhh (SGN) Flligghhtss ffroomm Ho Chii Minh (SSGN) to Yangonn (RGN) VN942 2 4 7 RGN SGN 14:25 17:10 Vietnam Airlines VN943 2 4 7 SGN RGN 11:40 13:25 Vietnam Airlines

Flligghtss ffrom Yanngon (RGGN) to TTaipei (TTPE) Flligghtss ffrom Taipei (TPEE) to Yanngon (RGN)CI7916 1 2 3 4 5 6 RGN TPE 10:50 16:10 China Airline CI7915 1 2 3 4 5 6 7 TPE RGN 7:15 10:05 China AirlineBR288 2 5 6 RGN TPE 11:35 17:20 EVA Air BR287 2 5 6 TPE RGN 7:30 10:35 EVA Air

Flligghhtss ffroom Yanggon (RGNN) to Kunming(KMG) Flligghhtss ffroom Kunmming(KMMG) to Yangon ((RGN)CA906 2 3 4 6 7 RGN KMG 14:15 17:35 Air China CA905 2 3 4 6 7 KMG RGN 12:40 13:15 Air China

MU2032 1 2 3 4 5 6 7 RGN KMG 14:40 17:55 China Eastern MU2031 1 2 3 4 5 6 7 KMG RGN 13:30 14:00 China EasternMU2012 3 6 RGN KMG 12:20 18:10 China Eastern (via NNG) MU2011 3 6 KMG RGN 8:25 11:30 China Eastern (via NNG)

Flligghtss from Yanngon (RGGN) to BBeijing (BJS) Flligghtss from Beijjing (BJSS) to Yanngon (RRGN)CA906 2 3 4 6 7 RGN BJS 14:15 21:55 Air China (via KMG) CA905 2 3 4 6 7 BJS RGN 8:05 13:15 Air China (via KMG)

Fligghhtss ffroom Yanggon (RGNN) to Naanning (NNG) Fligghhtss ffroom Nannning (NNNG) to Yaangon ((RGN)Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:MU2012 3 6 RGN NNG 12:20 16:25 China Eastern MU2011 3 6 NNG RGN 10:15 11:30 China Eastern

FFligghhtss ffroomm Yangoon (RGN)) to Honng Kong (HKG) HHonngg KKoong (HKG) Flights from Yaangon ((RGN) KA251 1 2 4 6 RGN HKG 1:10 5:35 Dragon Air KA250 1 3 5 7 HKG RGN 21:50 23:45 Dragon Air

*PPleaasee noote thee dday change for the deparrture time too Hong Kongg.

Flligghhtss ffroomm Yangon (RGN) to Guanng Zhouu (CAN) Flligghhtss ffroomm Guang Zhou (CCAN) to Yangonn (RGN) 8M711 2 4 7 RGN CAN 8:40 13:15 MAI CZ3055 3 6 CAN RGN 8:40 10:30 China Southern AirlinesCZ3056 3 6 RGN CAN 11:20 15:50 China Southern Airline 8M712 2 4 7 CAN RGN 14:15 15:45 MAICZ3056 1 5 RGN CAN 17:40 22:15 China Southern Airline CZ3055 1 5 CAN RGN 14:45 16:35 China Southern Airlines

FFlighhts ffroom Yanggon (RGN) to Koolkata (CCCU) FFlighhts ffroom Kolkkata (CCUU) to Yaangon (RRGN) Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:

AI228 5 RGN CCU 18:45 19:45 Air India AI227 1 5 CCU RGN 10:35 13:20 Air IndiaAI234 1 5 RGN CCU 13:40 16:55 Air India (via GAY) AI233 5 CCU RGN 13:30 18:00 Air India (via GAY)

Fligghhtss ffrom Yanngon (RGGN) to GGaya (GAAY) Fligghhtss ffrom Gayya (GAY) to Yanngon (RGGN) 8M 601 1 3 5 6 RGN GAY 10:30 11:50 MAI 8M 602 1 3 5 6 GAY RGN 12:50 16:00 MAIAI234 1 5 RGN GAY 13:40 15:00 Air India AI233 5 GAY RGN 15:00 18:00 Air India

Fligghtts frrom Yanngon (RGGN) to TTokyo (NNRT) FFliightts frrom Tokkyo (NRTT) to Yaangon (RRGN)NH914 1 3 6 RGN NRT 22:00 06:40+1 ALL NIPPON Airways NH913 1 3 6 NRT RGN 11:10 17:05 ALL NIPPON Airways

FFligghhtss ffrom Yanngon (RGGN) to SSeoul (ICCN) FFligghhtss ffrom Seooul (ICN)) to Yanngon (RGGN)KE472 1 3 5 7 RGN ICN 0:05 8:00 Korean Air KE471 1 2 3 4 5 6 7 ICN RGN 18:40 22:55 Korean Air

OZ7463 4 7 RGN ICN 0:50 8:50 Asiana OZ4753 3 6 ICN RGN 19:30 23:40 Asiana

Flligghtss ffrom Yanngon (RGGN) to DDoha (DOOH) Flightts frrom Dohha (DOH) to Yangon (RRGN)QR619 1 2 3 4 5 6 7 RGN DOH 8:00 11:45 Qatar Airways QR618 1 2 3 4 5 6 7 DOH RGN 21:05 06:29+1 Qatar Airways

Flligghhtss ffroomm Yangon (RGN) to Nay Pyi Taww (NYT) Flligghhtss ffroomm Nay Pyyi Taw (NNYT) to Yangonn (RGN)Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:FMI-A1 1 2 3 4 5 RGN NYT 7:30 8:30 FMI Air Charter FMI-A2 1 2 3 4 5 NYT RGN 8:50 9:50 FMI Air CharterFMI-B1 1 2 3 4 5 RGN NYT 11:30 12:30 FMI Air Charter FMI-B2 1 2 3 4 5 NYT RGN 13:00 14:00 FMI Air CharterFMI-C1 1 2 3 4 5 RGN NYT 16:30 17:30 FMI Air Charter FMI-C2 1 2 3 4 5 NYT RGN 18:00 19:00 FMI Air CharterFMI-A1 6 RGN NYT 8:00 9:00 FMI Air Charter FMI-A2 6 NYT RGN 10:00 11:00 FMI Air CharterFMI-A1 7 RGN NYT 15:30 16:30 FMI Air Charter FMI-A2 7 NYT RGN 17:00 18:00 FMI Air Charter

FFliightts frrom Yangoon (RGN) to Manndalay ((MDY) FFliightts frrom Manddalay (MDDY) to YYangon (RGN)Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 Golden Myanmar Airlines Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 Golden Myanmar AirlinesYH 909 2 4 6 7 RGN MDY 6:30 8:10 Yangon Airways YH 910 1 3 MDY RGN 7:40 10:30 Yangon AirwaysYH 917 1 2 3 4 5 6 7 RGN MDY 6:10 8:30 Yangon Airways YH 918 1 2 3 4 6 7 MDY RGN 8:30 10:25 Yangon AirwaysYH 727 1 5 RGN MDY 11:15 13:25 Yangon Airways YH 728 1 5 MDY RGN 9:10 11:05 Yangon AirwaysYH 731 1 2 3 4 5 6 7 RGN MDY 15:00 17:10 Yangon Airways YH 732 1 2 3 4 5 6 MDY RGN 17:10 19:15 Yangon AirwaysW9 501 1 2 3 4 RGN MDY 6:00 7:25 Air Bagan W9 502 1 2 3 4 MDY RGN 16:10 18:15 Air BaganK7 222 1 2 3 4 5 6 7 RGN MDY 6:30 8:40 Air KBZ K7 223 1 2 3 4 5 6 7 MDY RGN 9:00 11:05 Air KBZYJ 201 1 2 3 4 5 6 7 RGN MDY 11:30 12:55 Asian Wings YJ 202 1 2 3 4 5 6 7 MDY RGN 16:00 17:25 Asian Wings

Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 Golden Myanmar Airlines Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 Golden Myanmar Airlines

Days - (1) Monday (2) TTueesdaay (33) WWeddnessdaay (4) Thursdayy (5) Friday (6) SSaturday (7) Suunday Days - (1) Monday (2) TTueesdaay (33) WWeddnessdaay (4) Thursdayy (5) Friday (6) SSaturday (7) Suunday

Mann Yadanarpon Airlines


mmbiztoday.comIT & TELECOM 29

Myanmar Summary

A Tale of Two MarketsSamsung Mobile Device encourages both ZawGyi & Unicode for better localising in the market

Phyo Thu

With the new telecom provid

phone devices companies

started in Helsinki, is an informal monthly event

Mob

ile M

onda

y

data services with the

devices, social media and

however, the standard is

promoted and applied in

need for connectivity vol

“We have already

MPT Modernises Network with American Firm’s Solutions

State-run carrier deploys Dialogic softswitch, media gateways and session border controllers to keep pace with rapid growth in the newly opened market

Tin Mg Oo

that Myanmar Posts and

MPT selected infra

with local partner Khine

Under Myanmar’s plans to privatise its telecom

that, MPT will deploy the

system as well as its me

locations in Myanmar to

new operators enter the

“With the market open

necessary to stay com

“We saw how other car

criteria in the company’s assessment and selection

MPT intends to deploy a

anmar to connect its local

vide connectivity to other

accelerates penetration of

Machi, vice president of

rapid increases in voice

Myanmar Summary

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mmbiztoday.comSOCIAL SCENES 30

Daw Win Win Tint, managing director of City Mart Holding Co.Ltd. Phyo Th u Wai Th it Lwin, vice president of City Mart Holding Co.Ltd. Phyo Th u

U Th urein Nyein, secretary of Myanmar Retailers Association & general manager of Nielsen MMRD. Phyo Th u

U Nay Win Myint, joint secretary of MRA & Advocacy Committee general manager of Ga Mone Pwint Supermarket. Phyo Th u Guests at the event. Phyo Th u

U Khin Hlaing, vice president of Intellectual Property Association of Myan-mar. Phyo Th u

Myanmar Retailers Association

CEO Pyi Wa “Ken” Tun answers a question from a Myanmar Busi-ness Today journalist. Aundrea Montaño

COO Yap Kwong Weng answers questions from the media. Aundrea Montaño

CSR Manager U Aung Myo Shein answers questions from the media. Aundrea Montaño

Opening Remarks at the US-ASEAN Alliance for Com-petitive SMEs Conference. Aundrea Montaño

Parami Energy Group Press Conference (L) U Aung Myo Shein-CSR Man-ager (M) Pyi Wa “Ken” Tun-CEO (R) Yap Kwong Weng COO. Aundrea Montaño

Lucky draw program at the event. Kyaw Min

Presenter San Htut at the event. Kyaw Min

Th e girl performs with Chin Lone at the event. Kyaw Min

Lucky draw program at the event. Kyaw Min

Alexander Feldman-CEO of the US-ASEAN Business Council is interviewed by local media at the event. Aundrea Montaño

Anthony Nelson-Director at the US-ASEAN Business Council answers local journalist’s questions at the event. Aundrea Montaño

Rinnai Mega Chance Lucky Draw

Parami Energy Group Press Conference

US-ASEAN Business Alliance for Comeptitive

SME’s Conference


mmbiztoday.comCLASSIFIEDS 31


mmbiztoday.com

32ENTERTAINMENTLin Myat Aung Becomes Myanmar’s

First Mobile Tune Star Aung Phyo

Telenor’s nationwide search for Myanmar’s

at an award ceremony at Park Royal hotel, with performances

Lynn Lynn, Diramo and Khin Myat Mon and the competition

Lin Myat Aung after winning Tune Star award.

Telenor Myanm

ar

The competition, which

from across Myanmar, from

Lynn Lynn, Diramo and Khin Myat Mon as well as selected

People voted for the winner

contestants across Myanmar were invited to the event to

APT, Travelmarvel to Sail New Myanmar River Cruise ships

Zwe Wai

Aand Travelmarvel have

Myanmar with the addition of

Travelmarvel’s new ship the

APT, Travelmarvel and the

Zealand and the UK are keen

spective APT and Travelmarvel May Myat Noe.

Miss Myanmar Dethroned

Kyaw Min

Mstatement that May Myat Noe

media, fans who made her the

on to say that there are few

on her and there no reason to

want to take any risk that can

one of the main reasons which

directors and lawyers which we

AP

Pho

to/N

ewsi

s/K

hin

Mau

ng W

in

choose a new winner who

That Htet Aung (May Myat Noe).

myanmar business today - vol 2, issue 35

Business

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