Myanmar Business Today - Vol 1, Issue 46
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Myanmar Business Today - Vol 1, Issue 46



Myanmar Business Today is Myanmar’s first bilingual (English-Myanmar) business newspaper, distributed in both Myanmar and Thailand. MBT covers a range of news encompassing local business stories, ...

Myanmar Business Today is Myanmar’s first bilingual (English-Myanmar) business newspaper, distributed in both Myanmar and Thailand. MBT covers a range of news encompassing local business stories, special reports and in-depth analysis focusing on Myanmar’s nascent economy, investment and finance, business opportunities, foreign trade, property and real estate, automobile, among others. MBT also provides detailed coverage of regional (ASEAN) and international business stories.

Myanmar Business Today’s target readers are foreign and local investors, businesspeople and government officials, and our advertisers are also those who try to reach this niche market in Myanmar. We provide best solutions for our advertisers with our content, outstanding print and paper quality, and superior distribution chain. We convey our advertisers’ messages to readers not only in Myanmar but also in Thailand, Southeast Asia’s second largest economy.

For more information please visit our website

Twitter: @mmbiztoday



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Myanmar Business Today - Vol 1, Issue 46 Document Transcript

  • 1. MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL Japan to Loan Half A Billion Dollars to Myanmar December 19-25, 2013 | Vol 1, Issue 46 $60m ADB Project Seeks Better Electricity Network First ADB loan to Myanmar to improve power distribution network’s reach Kyaw Min J Oliver Slow apan will provide Myanmar with loans of ¥60 billion ($585 million) to help the Southeast Asian nation improve its infrastructure, Japanese media reported. Japanese Prime Minister Shinzo Abe was expected to pledge the loan when he held talks with Myanmar President U Thein Sein over the last weekend, the Kyodo News agency reported, citing an unnamed gov- A lmost half a million households in Myanmar are set to get better access to electricity after the Asian Development Bank (ADB) announced that it will provide a $60 million loan to improve the country’s derelict power distribution network. The amount comes on top of more than ¥90 billion in loans and grants pledged by the Japanese premier during his visit to Myanmar in May, bringing Japan’s economic aid to more than ¥150 billion. The report said the assistance was also aimed at limiting China’s moves to boost relations with Myanmar, and helping Japanese companies to make inroads into the country’s still undeveloped market. Abe and Thein Sein were expected to sign a memorandum of understanding on Japanese support for Myanmar’s health and medical sectors, on the sidelines of a meeting between Japan and leaders of the Association of Southeast Asian Nations (ASEAN) last weekend. loan from ADB since its reengagement with Myanmar last year, ADB said. The ADB loan will fund improved distribution in four areas of the country – Yangon, Mandalay, Sagaing and Magway regions – in some 480,000 households, the lender said last week. “Access to electricity is crucial to development,” said ADB Vice President Myanmar Summary Gerhard Jörén/ADB *syefEdkifiHrSjrefrmEdkifiHtajccHtaqmufttHkrsm;zGHUNzdK;wdk;wuf vm ap&eftwGuf *syef,ef;aiG 60 bDvD,H (tar&duefa':vm 585 rDvD,H) tm; acs;aiGtjzpf tultnDay;oGm;rnfjzpfaMumif; *syefrD'D,mrS owif;azmfjycJhaMumif; od&onf/ *syefEdkifiH 0efBuD;csKyf &SifZdktmab; taejzifh jrefrmEdkifiHawmf or®wESifh awGUqHkaqG;aEG;pOfí acs;aiGudpötm; uwdjyKajymMum;cJh jcif;jzpfaMumif; Kyodo News agency rS owif; azmfjycJhonf/ *syefEdkifiHtaejzifhjrefrmEdkifiHtm;acs;aiGtultnDrsm;pGm ay;xm; NyD; pD;yGm;a&;taxmuftyHtultnDtjzpf ,ef;aiG 150 bDvD,Hausmf h axmufyHh ay;xm;onf/ Tangled wires are seen with an electric pole in Yangon. “Repairing and strengthening existing electricity infrastructure will help reduce system Contd. P 12... Myanmar Summary tm&SzUHG NzdK;wdk;wufa&;bPfrS jrefrmEdkifiH&dS pGrf;tifjzefYjzL;a&; uGe&ufrsm; ydraumif;rGewkd;wuf f k kd f vmap&eftwGuf tar&duef a':vm 60 rDvD,Htm; acs;aiG tjzpf axmufyHhay;oGm;rnf[k aMunmcJNh yD; tdraxmifpk ig;ode;f f taejzifh vQyfppf"mwftm;&&SdrI tajctaeyd k r d k a umif ; rG e f v m rnfjzpfaMumif; od&onf/ vGefcJhonfhESpfwGif jrefrmEdkifiH ESifh vkyfief;aqmif&GufrIqkdif&m udk jyef v nf a ph p yf c J h N yD ; aemuf tm&SzGHUNzdK;wdk;wufa&;bPf yxrOD;qHk;acs;aiGtpDtpOfwpf &yfvnf;jzpfonf/ tm&SzGHUNzdK;wdk; wufa&;bPfrS acs;aiGr sm;tm; &efukef? rEÅav;? ppfudkif;ESifh rEÅ a v;wd k i f ; a'oBuD ; wd k Y w G i f vQyf p pf " mwf t m;jzef Y j zL;rI r sm; yd k r d k w d k ; wuf v map&ef t wG u f toH k ; jyKoG m ;rnf j zpf a Mumif ; tqdkygbPfrS ajymMum;cJhonf/ vQyppf"mwftm;&&Sa&;rSm zGUH NzKd ; f d wd;k wufa&;twGuf vGepmta&; f G ygaMumif; tm&SzUHG NzKd ;wd;k wufa&; Contd. P 12...
  • 2. LOCAL BIZ 2 Myanmar Business Today December 19-25, 2013 Support to Myanmar MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL Board of Editors Editor-in-Chief - Sherpa Hossainy Deputy Editor - Oliver Slow Myanmar Summary Reporters & Writers Sherpa Hossainy, Oliver Slow, Kyaw Min, Shein Thu Aung, Phyu Thit Lwin, Htet Aung, Su Su, Aye Myat, Daisuke Lon, Yasumasa Hisada Art & Design Zarni Min Naing (Circle) DTP May Su Hlaing Translators Shein Thu Aung, Phyu Maung Advertising Tay Zar Zaw Win, Seint Seint Aye, Moe Hsann Pann Advertising Hotline - 09 7323 6758 Subscription & Circulation Aung Khin Sint - 092043559 Nilar Myint - 09421085511 Managing Director Prasert Lekavanichkajorn Email Editor - Special Publications - Advertising - Designer - Phone Editor - 09 42110 8150 Deputy Editor - 09 3176 9529 Designer - 09 7310 5793 Publisher U Myo Oo (04622) No. 1A-3, Myintha 11th Street, South Okkalapa Township, Yangon. Tel: 951-850 0763, Fax: 951-8603288 ext: 007 Distributor (Bangkok) Penbun Distribution Co., Ltd. Tel: (662) 6158625-33 Fax: (662) 6158634 vmtdEiirSor®w Choummaly k kd f H jrefrmEdkifiHodkY vm a&mufcJhpOfü jrefrmEdkifiH 'Drdk ua&pDazmfaqmifa&;ESifh trsKd; om;&ifMum;apha&;BuKd ;yrf;csufrsm; twGuf vmtdkEdkifiHrS taxmuf tyHrsm;ay;rIukd xyfavmif;twnf h jyKajymMum;cJhaMumif; od&onf/ jrefrmEdiioYkd a&muf&vmpOfü k f H dS vmtdkEdkifiH or®wonf jrefrm EdifiH or® w OD ; od ef ; pde f ESif h k aejynf a wmf ü awG U qHk cJ h um ESpfEdkifiH qufqHa&;ESifh e,fpyf a'oukeo,rI? opfawmvkyief;? f G f f pdkufysKd;a&;ESifh arG;jrLa&;vkyfief; rsm;ü yl;aygif;aqmif&urqi&m G f I kd f udp&yfrsm;udk aqG;aEG;cJMh uaMumif; ö od&onf/ xdjYk yif aus;vufa'orsm;zGUH NzKd ; wdk;wufa&;?qif;&JEr;f yg;rIavQmcs G h a&;? ynma&;ESifh ESpfEdkifiHav aMumif;qufoG,fa&;udpö&yfrsm; udk v nf ; aqG ; aEG; cJ h M uonf / 2007 ckESpf ppftpdk;&tkyfc sKyfpOf umv twG i f ; jref rmEdif iH odk Y k vmtdkor®w Sayasone onf yxrOD;qHk;tBudrfa&muf&vmcJNh yD; Sd ,ck a &muf &Sd v mrI onf 'k wd, tBudrfjzpfaMumif; od&onf/ jrefrmEdiiawmfor®w OD;ode;f pdef k f H onfvnf; 2012 ckESpf rwfv wGif vmtdEiioYkd oGm;a&mufchJ k kd f H onf/ ESpEiitaejzifh tdre;D csi;f f kd f H f EdkifiHrsm;ESifh ta0;ajy;vrf;rBuD; jzif h cswqufEi&eftwGuf tcsef d f kd f d MumMumaqG;aEG;rI jyKvyxm;cJNh y;D k f ,ckvuf&Stcsewivnf; vmtdk d d f G f Louangnamtha jynfe,f ESifh jrefrmEdkifiH &Srf;jynfe,fwdkYodkY csd w f q uf a y;Edkif rnf h rJacgif cspfMunfa&;wHwm;wnfaqmuf rIudk aqmif&GufaeNyDjzpfaMumif; od&onf/ Sayasone President Thein Sein and his wife Daw Khin Khin Win welcome President of Lao People's Democratic Republic, Choummaly Sayasone and his wife Keosaychay Sayasone. Shein Thu Aung L its support for Myanmar’s democratisation and national reca visit from its President Choummaly Sayasone to Myanmar. During his visit, Sayasone met with his Myanmar counterpart U Thein Sein in the capital Nay Pyi Taw, where the pair discussed promoting bilateral relations as well as cooperation in the boosting of border trade, in particular in the industries of forestry, agricultural and livestock breeding. The pair also discussed rural development, poverty alleviation and education, as well as an air link between the media reported. The visit was Sayasone’s second to Myanmar, after when it was still ruled 2007 and follows U Thein Sein’s visit to Laos in March 2012. The two countries have long discussed road connectivity between the neighbouring countries, and a river-crossing is currently being developed at the Mekong River Crossing Friendship Bridge, which connects Louangnamtha province of Laos and Kenluk, Techilek of Myanmar’s Shan state. The bridge, which is 690 metres in length and 8.5 metres wide with a two-lane motorway, is about a third completed, according to reports. Touted for completion by March 2014, the bridge aims to bring an increase in trade between the two countries that have shared diplomatic relations since 1955.
  • 3. 3 Myanmar Business Today December 19-25, 2013 Leadership in technology. The world is growing. Every day, more people, vehicles, homes and factories are driving an ever-increasing demand for energy. That’s why ExxonMobil is investing $1 billion annually in research and development—part of our commitment to developing the breakthrough technologies and solutions required to meet the world’s rapidly growing energy needs. Around the world, we deploy industry-leading technologies—from extended-reach drilling to advanced visualization and production techniques—to maximize the value of energy resources. So whether it’s investing in research and development, delivering innovative petroleum products or investing in communities, ExxonMobil is developing more than oil and gas—we are helping to support global growth and progress. Learn more about our work at
  • 4. 4 LOCAL BIZ Myanmar Business Today December 19-25, 2013 Myanmar Moving Towards The EITI Daisuke Lon M Myanmar Summary yanmar is preparing jrefrmEdkifiHtaejzifh Extractive Industries Transparency Initiatives (EITI) pepftm; vufcHusifhoHk;&ef Industries Transparency Initiatives (EITI), an international standard that ensures transparency around countries’ oil, gas and mineral resources. The matter was discussed when Myanmar President U Thein Sein met with visiting Chair of the EITI Board Clare Short in Nay Pyi Taw last week. Myanmar aims to apply for EITI candidature in the next couple of months, the EITI International Secretariat said. President Thein Sein acknowledged the need for better governance of Myanmar’s natural resource wealth. He said: “We want to use the EITI to ensure that these resources are developed and managed in a transparent man- the EITI process in the country. Two important steps remain to be completed before Myanmar can submit its EITI application. stakeholder group. The EITI secretariat said important progress was made at a EITI multi-stakeholder consultation meeting in Nay Pyi Taw last sentatives from government, industry and civil society met to discuss the process for nomi- Soe Zeya Tun/Reuters of our people. “Political and economic reforms are an important part of the democratisation process. Becoming a member of the EITI will be a tangible result of these reforms.” In December last year, President Thein Sein publicly announced that Myanmar would implement the EITI and appointed U Soe Thane, minister Villagers pan for gold at the Irrawaddy river near the town of Myitkyina in northern Myanmar. Myanmar aims to apply for the Extractive Industries Transparency Initiatives (EITI) candidature in the next couple of months. nating members to Myanmar’s EITI multi-stakeholder group. meeting is an important milestone for the EITI process in Myanmar and the openness of that the transition towards democracy has come a long way,” Clare said. The second step is for the multi-stakeholder group to develop a workplan that sets implementation in Myanmar, including what sectors to be report should look like. Topics such as contract transand extension to the hydropower and forestry sectors were also discussed in the meeting. Clare called on stakeholders to maintain an ambitious long-term EITI agenda, but reminded participants that implementation will not be easy and encouraged a step by step approach. EITI is developed and overseen by a coalition of governments, companies, civil society, investors and international organisations. All of these groups are represented on the EITI Board which is supported by the EITI International Secretariat. The EITI Standard has a ogy, which countries adopt to are facing. When implemented, the EITI ensures more transparency in how the country’s natural resources are governed, and full disclosure of government revenues from its extractive sector. The EITI International Secretariat is located in Oslo, Norway and is headed by Swedish former diplomat Jonas Moberg. twGuf jyifqifaeaMumif; od&NyD; S k f H EITI pepfrm jrefrmEdii a&eH? obm0 "mwfaiGUESifh owåKwi;f t&if;tjrpfu@ G rsm;tm; ydkrdkyGifhvif;jrifomrI&Sdvmap rnfh tjynfjynfqi&m pHEe;f wpfcvnf; kd f I k jzpfaMumif; od&onf/ tqdygudp&yfEiywfoufí Ediiawmf k ö S hf k f H or®wODoe;f pdeEifh jrefrmEdiiokYd a&muf&dS d f S k f H vmaom EITI bkwftzGJU Ouú| Clare Short wdYrS aejynfawmfü awGU k qHkaqG;aEG;cJhaMumif; od&onf/ vmrnfhvtenf;i,ftwGif; jrefrm EdkifiHtaejzifh EITI pepftm; vufcH usihfokH; oGm ;&ef &nf & G , f x m;aMumif ; od&onf/ or® w OD ; od e f; pd ef t a e jzifh vnf ; jrefrmEdii obm0o,HZmwrsm;tm; k f H aumif;rGepm pDrcefctoHk;jyK&ef vdtyf f G H Y JG k aerIudk oabmaygufodjrifNyD; rdrdwdkY taejzifh vltrsm;twGuf a&&SntusKd; f rsm; jzpfxGef;vmap&ef t&if;tjrpfrsm; tm; yGifhvif;jrifomrI&SdpGm pDrHcefYcGJ toHk;jyKEi&eftwGuf EITI pepftm; kd f toHk;jyKvdkonf[k ajymMum;cJhaMumif; od&onf/ EdkifiHa&;ESifh pD;yGm;a&;jyKjyifajymif;vJrI rsm;rSm 'Drua&pDazmfaqmifrvyief;pOf kd I k f twGuf ta&;ygaom tpdwtydif;rsm; f k jzpfNyD; pepftm; usifhoHk;aom tzGJU0if EdkifiHwpfEdkifiHjzpfvmrIaMumifh tqdkyg jyKjyifajymif;vJrIrsm;tm; trSefwu,f qkyfudkifjyEdkifonfh &v'faumif;rsm;jzpf ay:vmaprnfjzpfaMumif; ajymMum;cJh onf/ vGefcJhonfhESpf 'DZifbmvwGif or®w OD;ode;f pdeu jrefrmEdiitaejzif h EITI f k f H pepftm; usifhoHk;oGm;rnf[k aMunm cJhNyD; or®w½Hk;0efBuD; OD;pdk;odrf;rS EITI vkyfief;pOfr sm;tm; BuD;Muyfaqmif&Guf oGm;zG,f&SdaMumif; od&onf/
  • 5. LOCAL BIZ 5 Myanmar Business Today December 19-25, 2013 Mawlamyine Cement Ltd, on a cement production facility with a capacity of 5,000 tonnes per day, it said in a statement. “The signing of the implementation will have a positive impact on the company’s future operations,” CITIC Heavy said. “It will also further develop the company’s presence in the southeast Asian cement market, givKerek Wongsa/Reuters results.” Myanmar with a unit of Siam Cement Group on a cement production facility with a capacity of 5,000 tonnes per day. million, follows a similar contract that CITIC Heavy and Thailand’s Siam Cement signed in May to build a cement production line in Cambodia, CITIC said in the agreed deals totalling $733 million to produce cement in Myanmar and Nigeria, respectively, as they expand in emerging stock exchange. Sinoma International Engineering Co Ltd, a unit of China National Aye Myat C Heavy Industries and Sinoma have with Investment and Kyaw Min A merican beverage giant Coca-Cola is on track with its target of investing $200 million and creating mar, a top Coca-Cola Co Coca-Cola in June said it will invest $200 million in Myanmar in a bid to increase production capacity, grow logistics including sales and distribution operations, and improve marketing and people capabilities. “In any country companies face challenges when launching their businesses. We’ve had while operating in Myanmar, but Coca-Cola’s goals have succeeded to a certain extent. “We have plans to invest more and we would like to promote Myanmar’s economic development,” Coca-Cola Myanmar’s Myanmar Summary udkumudkvmukrPonf aemif Ü D vmrnfhig;ESpftwGif; a':vm oef;aygif; 200 &if;ESD;jr§KyfESH&ef ESifh tvkyftudkifaygif; 22000 ausmf zefwD;pDpOfrIr sm;udk jrefrm Ediiwif jyKvyom;rnfjzpfaMumif; kfH G kf G ud k u mud k vmuk r Ü P D r ef a e*sif ; 'g½dkufwm Mr. Rehan Khan u ajymonf/ udumudvmukrPonf jrefrm k k Ü D EdkifiHwGif wm&SnfcHí aumif;rGef aom tusKd;oufa&mufrEif h vlU I S tzGJUtpnf;rsm;udk wnfaqmuf &ef &nfpl;vkyfaqmifaeNyD; ,ck ESpftapmydkif;wGif arSmfbDNrdKUe,f &Sd puf½kwif jynfwi;f udumudvm H G G k k xkwfukefrsm; pwifcJhNyD; vIdifom ,mNrKd Ue,f&Sd 'kw,ajrmufpuf½Hk d wGivnf; udumudvmxkwuef f k k f k rsm; xkwvyvsu&aMumif; od& f k f f dS onf/ Mr. Rehan Khan u ]]b,f Ediirmrqdk vkyief;pwifwtcsef k f H S f hJ d rSmawmh pdefac:rIawG &Sdygw,f/ 'gayrJh vuf&S d jrefrmEdiirm vkyf k f H S aqmifae&wm pdefac:rIawG&Sd ayr,fh udkumudkvm&J U &nfrSef; markets overseas. CITIC Heavy Industries is collaborating in Myanmar with a unit of Siam Cement Group, Materials Co Ltd, signed a $536 million contract with Nigeria’s Dangote Cement Plc, Sinoma and National Materials said in separate statements. Sinoma and Dangote, owned by Nigerian billionaire Aliko Dangote who is Africa’s richest man, will be building two clinker cement production lines, each with a daily capacity of 6,000 tonnes. In November, China Machinery Engineering Corp entered a $236 million agreement with Kar Group for a 6,000 tonne-per-day cement Myanmar Summary w½kwfEdkifiH vkyfief;rsm;jzpf aom CITIC Heavy Industries ESifh Sinoma wdkYonf jrefrm EdkifiHESifh Edkuf*sD;&D;,m;wdkYwGif bdvyfajrrsm; xkwfvkyfom;&ef G twGuf pkpkaygif; tar&duef a':vm 733 rDv,txd wefz;kd D H &Sdonfh oabmwlnDcsufrsm;udk jyKvkyfEdkifcJhNyD; ,ckoabmwlnD twGuf yifv,f&yfjcm;aps;uGuf rsm;wGif aps;uGufc sJUxGifrItjzpf jyK vk yf oGm ; jcif ; yif jzpf onf / CITIC Heavy Industries onf jrefrmEdkifiHrS Mawlamyine Cement Ltd ESifh yl;aygif;í wpfaeYvQif bdvyfajr rufx &pfwefcsdef 5000 weftxd xkwfvkyfoGm;Edkif&ef aqmif&Guf oGm;rnfjzpfaMumif;vnf; od& onf/ pDrHudef;tm; oabmwlvuf rSwa&;xdk;rIEifh tqifajyacsmarGU f S pGm taumiftxnfazmfaqmif &G u f r I r sm;taejzif h uk rÜPD tem*wfvyief;aqmif&ufrr sm; k f G I twGuf aumif;usKd;rsm; ouf a&muf v maprnf j zpf a Mumif; CITIC Heavy rS ajymMum;cJh onf/
  • 6. LOCAL BIZ 6 Myanmar Business Today December 19-25, 2013 Japan Launches Initiative to “Export” Postal System to Myanmar Phyu Thit Lwin J apan has launched an initiative to modernise Myanmar’s postal system and precise services in the Southeast Asian country. The initiative is part of Prime Minister Shinzo Abe’s economic revitalisation plans featuring exports of its advanced technologies and services to other countries, especially developing countries in Asia. Japan and Myanmar have held three rounds of workinglevel talks so far, but Japanese “But media reports that postal items frequently get lost in Myanmar may be exaggerated,” Kawano said. Managing Director Rehan Khan said. He said Coca-Cola aims isation in the long-term in Myanmar. The Atlanta-based bilateral postal talks in May, Myanmar Communications and Information Minister Myat Hein appeared to have been impressed with Japanese workserving customers well. In September, Myat Hein met again with his Japanese counterpart Yoshitaka Shindo start actual work in 2014, while Vietnam became the second country to reach a similar postal support agreement with Japan. Kawano, director of the the ministry’s Postal Services Policy Department, cited the workers the Japanese way of providing postal services as his time in more than 60 years, opened a facility in Hmawbi in June to locally bottle Coca-Cola since the company re-entered Myanmar in 2012. Coca-Cola announced in November that it will increase the capacity of its Hmawbi factory. A second factory at Hla- Files a lot of time to introduce the Japanese-style postal services in Myanmar where people are not even used to writing postal codes. “It takes a week or so in Myanmar to get mail and parcels delivered from the northernmost to the southernmost part of the country,” said Masatoshi Kawano, a Ministry of Internal “We all know Myanmar’s economy will grow more, so nitely be necessary to support growth. “The Japanese postal system delivers 98 percent of all postal items within two days, no matter where in the country the sender and receiver are. During an inspection of Tokyo Myanmar Summary jrefrmEdkifiH pmydkYaqmifrIpepfrsm; tqifrw;kd wufvmap&eftwGuf *syef h D EdkifiH jrefqefNyD; vkyfief;aqmif&GufrI ydkif;wGif trSefwu,ftusKd;jzpfxGef;Edkif onfh 0efaqmifrIr sm;tm; jrefrmEdkifiH wGif yxrOD;qHk; vkyfaqmifoGm;awmh rnfjzpfaMumif; od&onf/ ,ckuJhodkY jrefrmEdkifiH pmydkYpepftm; ing Tharyar also manufactures Coca-Cola soft drinks, and the company is planning to build a new bottle manufacturing factory. “Coca-Cola made longterm investment in the manufacturing infrastructure and new technologies in Myanmar,” Khan said. tqifhjr§ifhwif&eftwGuf *syefEdkifiHrS pmydkYvyief;qdi&menf;pepfr sm;jzifh vkyf k f k f aqmifrIonf 0efBuD;csKyf &SifZdktmab; *syefEdkifiH pD;yGm;a&;jyefvnfaumif; rGefvmap&ef tpDtpOfrsm; wpfpdwf wpfyi;f yifjzpfNy;D &SiZtmab;taejzifh kd f kd *syefEii tqifjh rifenf;ynmrsm;ESihf kd f H h 0efaqmifrIrsm;tm; tjcm;EdkifiHr sm;odkY wifydkYvkyfaqmifapvdkNyD; txl;ojzifh tm&SrS zGHUNzdK;qJEdkifiHr sm;odkYjzpfaMumif; The Coca-Cola Foundation is also working with to implement Swan-Yi, a three-year program to empower 24,500 Myanmar women focusing on preneurship and business management. csufawGu twdkif;twmwpfck txd atmifjrifrI&Sdw,f/ aemuf A Coca-Cola truck making deliveries in Yangon. od&onf/ *syefEdkifiHESifh jrefrmEdkifiHwdkYtaejzifh working-level oHk;Budrwwd aqG;aEG;rI f d rsm; jyKvyxm;NyD; *syefEiirS trIaqmif k f kd f H rsm;u jrefrmEdiiwif *syefEii pmydkY k f H G kd f H pepf0efaqmifrr sm;udk rdwqufay;oGm; I f &eftwGuf tcse,om;&zG,&aMumif; d f l G f dS ,HkMunfMuNyD; jrefrmEdkifiHwGif vlrsm; taejzifh pmydYoauFwrsm;udyif tuRr;f k k w0ifr&SdMuaMumif;vnf; od&onf/ xyfvnf; jrefrmEdkifiHrSm xyfrH &if;ESD;jr§KyfESHoGm;zdkY tpDtpOfawG &S dygw,f / uRef a wmf wkd Y t aeeJ Y jrefrmEdkifiH&JU pD;yGm;a&;wpfckvHk; udk zGHUNzdK;wdk;wufatmif vkyf aqmif a y;aewJ h o abmyg}}[k ajymonf/ udkumudkvmukrPonf tao; Ü D pdwpppfrEif h ajzavQmrvyief; f d I S h I k f pOfrsm;onf jrefrmEdkifiHtwGif; yk v if ; xk w f p uf½Hk o pf r sm;ESifh axmufyyaqmifa&;vkyief;rsm; hH Ykd f w nf a qmuf a e pOf t wGif; udkumudkvm pepfwpfcktjzpf quf v uf w nf &S d oGm ;rnf jzpf aMumif; od&onf/ jref rmEdkif i H okd Y jyef v nf 0 if a&mufNyD;aemufydkif; udkumudk vmpepfonf xkwfvkyfa&; vdkif;tajccHtaqmufttHkESifh tat;pufopfr sm; wm&SnfcH &if;ES;D jrK§ yErr sm; jyKvycaMumif; f HS I k f hJ od&onf/
  • 7. LOCAL BIZ 7 Myanmar Business Today December 19-25, 2013 Myanmar Summary Oliver Slow T he International Monetary Fund (IMF) will assist Myanmar in its ongoing a key area to show that the country’s reforms are genuine and to give invesing within the country. “[Myanmar] is building macroeconomic stability and undertaking the reforms needed for sustaining economic and social prosperity,” Lagarde said. “This comes from the recent reforms undertaken by the government, including adopting a managed and removing exchange restrictions, establishing an autonomous central increasing spending on health and education. The next step is to build on these gains and take the path of sustained, strong and inclusive growth – to lower poverty and lift the prospects of everyone in Myanmar.” Also during her visit, Lagarde met with opposition leader Aung San Suu Kyi and delivered a speech at the Yangon University of Economics, where she called on the country to include all Myanmar citizens in the country’s growing economy. “Economic policy should always have a preference for the poor. ethics, but because it is good economics too. With rampant poverty, people Reuters based lender said. The announcement was made following the visit of IMF Managing Director Christine Lagarde to Myanmar. During her visit, Lagarde met with Myanmar Vice President U Nyan Tun, where the pair discussed reforming Myanmar’s banking system, etary policy as the country emerges from decades of military rule. As the Myanmar government looks to attract foreign investment, the IMF Managing Director Christine Lagarde. are too caught up in their daily struggles to fully develop their potential and contribute to society. It becomes hard to get She also attended the World Women Forum in Yangon, organised by the of its kind to be hosted in Myanmar. The role of women in Myanmar’s society was a key component of Lagarde’s speech. “The evidence is clear, when women do better, the economy does better. We have done some work on this at the IMF, showing that if women participated in labour markets to the same extent as men, the gains would be substantial. For example, per capita income could rise by 23 percent in South Asia, and 15 percent in East Asia and the “As the famous Myanmar proverb puts it, ‘It is the mother’s hands that push the cradle that builds the future of the world.’ I know that Myanmar is blessed with an abundance of female talent from all walks of life. They are ready to contribute and ready to lead.” IMF predicted that Myanmar’s economy will grow 6.75 percent in the the country continues its reforms. The IMF has been assisting Myanmar in im- plementing its policies to ensure economic stability and strengthen reform. tjynfjynfqi&maiGaMu;&efykH kd f aiGtzGUJ rS jrefrmEdiitm; b@m k f H a&;jyKjyifajymif;vJrIqdkif&mrsm; wGif tultnDrsm;ay;oGm;rnfjzpf aMumif; w&m;0ifowif;rD'D,m rsm; owif;xkwfjyefcsuft& od&onf/ tjynfjynfqi&maiGaMu;&efykH kd f aiGtzGUJ rS refae*si;f 'g½duwmjzpf k f ol Christine Lagarde onf jrefrmEdkifiHokYd a&muf&SdvmcJhNyD; aemufwif ,ckuoYkd tjynfjynf G hJ qd k i f & maiG a Mu;&ef y H k a iG t zG J U rS jrefrmEdiitm; b@ma&;qdi&m k f H k f jyKjyifajymif;vJrIrsm;wGif tul tnDrsm;ay;rnf[k aMunmvm cJjh cif;jzpfonf/tjynfjynfqi&m kd f aiGaMu;&efyaiGtzGUJ tBuD;tuJ kH Lagarde onf jrefrmEdkifiHodkY a&muf&SdvmpOftwGif; 'kor®w OD;ÓPfxe;f ESifh awGUqHcNhJ y;D jrefrm G k EdiibPfvyief;pepfrsm;jyKjyif k f H k f ajymif ; vJ rI ? b@ma&;u@? aiGaMu;ay:vpDtp&Sonftcsuf d h rsm;tm; aqG;aEG;cJhMuaMumif; od&onf/ jrefrmtpd;k &taejzifh EdiijH cm; k f &if;ESD;jr§KyfESHolrsm;udk qGJaqmif oGm;rnfjzpfonfhtwGuf b@m a&;u@onf wdi;f jynf jyKjyif k ajymif;vJrIrsm; trSefwu,fjzpf wnfaerItm; jyo&eftwGuf t"dutcsuwpfcyifjzpfNy;D &if;ES;D f k jr§KyEorsm;udvnf; ,HMk unfrrsm; f SH l k I ydr&vmap&eftwGuf taxmuf k kd dS tuljyKEiaMumif;vnf; od&onf/ dk f jrefrmEdkifiHtaejzifh us,fjyefU aom pD;yGm;a&;tiftm;udk wnf Nidrf pmjzif h wnf a qmuf a eNyD ; G a&&SnfwnfwHhzGHUNzdK;aom pD;yGm; a&;ESifh vlrIa&;aumif;usKd;csrf; omrsm;twGufvdtyfaom jyKjyif k ajymif;vJr sm;udvnf; aqmif&uf k G aeaMumif; Lagarde u ajym Mum;cJhonf/ jrefrmEdiiovma&mufpOfumv k f H k dY twGif; Lagarde onf twdkuf tcHacgif;aqmif a':atmifqef; pkMunfESifhvnf; awGUqHkcJhNyD; &efuep;D yGm;a&;wuúovüvnf; k f kd f rdece;f ajymMum;cJonf/ Yf G h
  • 8. LOCAL BIZ 8 Myanmar Business Today December 19-25, 2013 Vietnamese Lessons for Myanmar What Asia’s new investment hot spot can learn from the successes – and failures – of the last Big Thing Curtis S Chin and Jose B Collazo T here’s an undeniable buzz about Myanmar among business leaders these days, with investors betting on the long-stagnant economy becoming the next Asian tiger. But as exciting as this situation is, it helps to recall that it is not unprecedented. The case to study is Vietnam, another once-hot economy that has fallen out of world. And liberalisation started in both places suddenly and rather unexpectedly. In Vietnam, the opening came in 1986 when the Vietnamese Communist Party rolled out its “doi moi,” or “renovation,” program. Hanoi reduced barriers to trade and foreign direct investment. Other critical reforms over time included abolishing Vietnam’s system of highly centralised management based on state subsidies, and allowing the private sector to compete along with state-owned enterprises in non-strategic sectors. The policy was an early success. Investment poured in, particularly attracted by the prospect of inexpensive labour, a stable regime, abundant natural resources and a market that at the time consisted of some 60 million consumers. Growth followed the investment boom, as Vietnam became Southeast Asia’s fastest growing economy, posting annual growth rates above 5 percent and in some years above 8 percent. In 2000, Vietnam signed a free-trade agreement with the US, which is now its largest export market. In Organization. From 2005-2010, it was one of the world’s top investment destinations. So far, so similar to today’s Myanmar. Yet, in a cautionary note for Myanmar, Vietnam has squandered many of its advantages mainly by losing its reform momentum. The government has shied away from banking reforms and a new tranche of tough liberalisations. State-owned enterprises still account for 40 percent of GDP, yet are characterised by lagging along with the political dissent the regime targets. And attempts to crack down on online dissent are leading to tighter controls on communications that threaten to dent internet businesses. Frustration over lack of progress in key reforms is exacerbating other investor concerns. Labour costs are increasing, and population growth is slowing. Foreign direct investment shows little sign of coming back. Myanmar’s leaders should ask how they can avoid that fate. a good start. Myanmar’s economic opening already has been accompanied by a much greater degree of political reform than was ever the case in Vietnam. forms is more aggressive than Vietnam’s. Myanmar’s new foreign investment rules allow for 100 percent foreign ownership in a range of industries, including retail, wholesale, agency, franchising, and most food and beverage outlets. Reuters pointers on things to watch out for in Myanmar, as well as tips to Myanmar’s leaders on traps to avoid. The recent rush of foreign investors to Myanmar is reminiscent of Vietnam’s reforms of a generation ago. Both countries were similar in their pre-opening phase: politically repressive and economically productivity and allegations of corruption. And while in retrospect, the prospects for political reform in Vietnam alongside economic opening might have been overstated at times, the lack of political liberalisation now poses an ongoing threat to the economy. For instance, the regime’s inability to foster losing its reform momentum as the government shied away from banking reforms and a new tranche of tough liberalisations. the government’s implementation of what President Thein Sein has billed as an aggressive, transparent and competitive privatisation strategy for stateowned enterprises. Already Norway’s Telenor and Qatar’s Ooredoo in June were awarded licences to launch nationwide telecom services after a competitive tender process. Now the government needs to extend that pattern to other industries, and especially highly lucrative utility businesses such as electricity and other infrastructure. Vietnam’s experience “Vietnam has squandered many of its advantages mainly by losing its reform momentum. The government has shied away from banking reforms and a new tranche of tough liberalisations. Stateowned enterprises still account for 40 percent of GDP, yet are characterised by lagging productivity and allegations of corruption.” Even in sectors such as construction and real estate, transport, mining and spirits where the relatively business-friendly rules allow up to 80 percent foreign ownership. Vietnam’s law, in contrast, still restricts outside investors to 49 percent foreign ownership in numerous sectors. Vietnam’s story suggests the most important thing for Myanmar is for leaders to continue and to sustain economic reforms. An early test will be shows that if these are not prithe rest of the economy while their patrons within the government entrench themselves, making reform harder later. At the heart of Myanmar’s reform process must be a sustained commitment to tear down new “bric” walls built of bureaucracy, regulation, interventionism and corruption. The prescription for economic growth is straightforward – improve the bureaucracy, regulate fairly, intervene rarely and stamp out corruption. The nascent reform process in Myanmar already has led to increased economic activity and opened up new opportunities. The International Monetary Fund estimates that the country’s GDP will grow 6.8 percent this year, compared to last year’s 5.5 percent growth rate. Ultimately, though, it will be a strong rule of law and a growing private sector that will drive and sustain this budding economic growth. Myanmar has a chance now to act on a lesson with which Vietnam still struggles. Curtis S Chin, a former US Ambassador to the Asian Development Bank, is managRiverPeak Group, LLC. Jose B Collazois a frequent commentator on Southeast Asia. WSJ Myanmar Summary jrefrmEdkifiH EdkifiHa&;pD;yGm;a&;jyKjyif ajymif;vJrr sm;aMumif h ,cktcsetwGi;f I d f pD;yGm;a&;u@rS tBuD;tuJr sm;tae jzifh jrefrmEdkifiHodkY a&muf&Sdvmovdk tcsd e f Mumjrifhpm wd k ; wuf r I & yf w ef Y c J h G onfh tajctaerSonf tm&Su sm; tjzpf ajymif;vJvmEdionfh tvm;tvm k f aumif;rsm;aMumifh &if;ES;D jrK§ yEorsm;ESihf f HS l &if;ESD;jr§KyfESHrIrsm;vnf; jrefrmEdkifiHodkY 0ifa&mufvmcJhMuonf/ odkYaomfvnf; jrefrmEdkifiH tajc taetm; AD,uferfEdkifiHwGif jzpfysufcJh onftcsuEi,Oí avhvmoifaMumif; h f S hf S f h od&onf/ jrefrmEdkifiHodkY rMumao;rD umvtwGif; jynfy&if;ESD;jr§KyfESHolr sm; trsm ; t jym; a&muf &Sd vm jcif ; onf AD,uferfEii rsKd;qufwpfcoufwrf; kd f H k tMumu jyKjyifajymif;vJrrsm;ESihf rsm;pGm I qifwlaeaMumif; od&onf/ jrefrmEdkifiHESifh AD,uferfEdkifiH ESpfEdkifiH pvHk;awGUBuKH c&onftcsursm;rSm qifwl hJ h f aeNyD; ESpfEdkifiHvHk;wGif ydkrdkyGifhvif;vGwf vyfrIrSm ½kwfw&ufqdkovdk rarQmfvihf aomtaetxm;wGivnf;&SaecJaMumif; f d h od&onf/ AD,uferfonf 1986 ckESpf wGif AD,uferfuGefjrLepfygwD “doi moi” odkYr[kwf topfjyefvnfwnf aqmufa&;tpDtpOfESifhtwl wHcg;zGifh vkyfaqmifvmcJhonf/ AD,uferfEdkifiH taejzifh ukeo,a&;ESihf EdiijH cm;&if;ES;D f G f k f jr§KyfESHrIr sm;ü twm;tqD;rsm;udk avQmhcs cJhonf/ aemufxyfajymif;vJrIwpfckrSm A[dkrS pDrHcefYcGJrIpepftm; pGefYvTwfNyD; r[mAsL[majrmuf u @r[k w f a om vkyfief;u@rsm;wGif yk*¾vduu@rsm; tm; tpdk;&vkyfief;rsm;ESifh ,SOfNydKif vkyfaqmifEdkifcGifhudk cGifhjyKay;cJhonf/ tqdygay:vpDrm ueOD;wGif atmifjrif k S rIrsm; &&SdcJhNyD; &if;ESD;jr§KyfESHrIrsm;vnf; 0ifa&mufvmcJhonf/ &if;ESD;jr§KyfESHrIr sm; wdk;wufvmrIESifhtwl pD;yGm;a&;zGHUNzdK; wdk;wufvmcJhNyD; AD,uferfEdkifiHtae jzifh tm&S zGHUNzdK;wdk;wufrItvsifjref qHk;EdkifiHwpfEdkifiHtjzpf a&muf&SdcJhonf/ ESpfpOfwdk;wufrIEIef;rSm 5 &mcdkifEIef; txuf&SdNyD; tcsKdUESpfr sm;wGif 8 &mcdkif EI e f; ausmf&Sd c J h o nf / 2000 ck E S p f w G i f AD,uferfEiionf tar&duefEifh vGwf kd f H S vyfpm ukefoG,fcGifhoabmwlnDcsufudk G vufrwa&;xd;k cJonf/ 2007 ckEpwif S f h S f G urÇmhukefoG,fa&;tzGJUtpnf; tzGJU 0ifEdkifiHwpfEdkifiHjzpfvmcJhonf/ 2005 ckESpfrS 2010 ckESpftwGif; AD,uferf EdkifiHonf &if;ESD;jr§KyfESHolrsm;twGuf urÇmhxdyfwef;&if;ESD;jr§KyfESHrIaps;uGuf wpfckjzpfcJhonf/ tqkdygtajctaeonf ,aeYjrefrm EdkifiH yHkpHESifhqifwlaeNyD; jrefrmEdkifiH twGuf owdjyKrSwfom;p&mwpfckyif jzpfonf/
  • 9. FEATURE 9 Myanmar Business Today December 19-25, 2013 to $10.50.” In 2011, Constellation decided to sell a number of their interests, which were bought by an Aus- Files to form the company in its current form, Accolade Wines. “I actually keep an Accolade and a Hardys [business] card, but of course, I like to present Australia, beginning work in 1838, when the colony Oliver Slow T oday Australia is the world’s fourth largest exporter of wine, with approximately 750 million litres sold around the world every year, of which more than half comes from within a few hours of the city of Adelaide, located in the country’s South Australia state. from the International Organisation of Vine and Wine (OIV), one of the leading worldwide organisations in the wine market, Australia ranks seventh in the world in terms of wine production, but fourth when it comes to wine export, behind the three classic European countries of Italy, Spain and of course France. Back in 1850, one young man from the sleepy English county of Devon boarded a boat for Australia and, while that man cannot singlehandedly, be thanked for the growth of Australian wine around the world, his name is one of those most closely associated with Australian wine. of age, Thomas Hardy packed his meager belongings into a bag and boarded a ship named the British Empire, which was bound for Adelaide. Newly arrived, he found work with a farmer called John Reynell who ran a mixed farm, kept livestock and grew cereal crops. wine maker in South looking after cattle and, in his diary, he records that he lost his cattle twice farmer said, ‘Look, you’re bloody hopeless with cattle, I’m going to have to put you in the vineyard where you can’t get into trouble,’” his great great grandson Bill Hardy told Myanmar Business Today during a recent visit to Myanmar. Thomas’ entrepreneurial spirit drove him across the border into Victoria, which was experiencing a gold rush at the time, and although he didn’t did recognise that miners needed to be fed and went about setting up a small butcher business. Thomas ran the butchering business for about three years, made enough money to return to South Australia and set up his own farm to produce wine as well as citrus, olives Thomas Hardys & Sons moved away from the other aspects of the company and began to specialise in wine. While some components of the business have changed since then, the business still holds strong family involvement, although less than it used to. Having been family-run for 139 years, in 1992 the fourth generation of Thomas’ descendants decided to open up the business to other investors, ian Stock Exchange and becoming BRL Hardys Ltd, after a link-up with a business called Berri Renmano Ltd. “For those in the family who wanted to sell their shares, they could get out but for those who stayed in, our family share fell below 50 percent, but the company grew rapConstellation Wines [the world’s largest publicly traded wine company] in 2003 and in the 11 years since the original takeover, shares leapt from $1 said. Accolades’ portfolio continues to grow and includes wines from Australia, South Africa, Europe and the US, but Hardys still accounts for about half of the group’s overall sales. Despite a strong family background in wine, Bill says that he wasn’t necessarily destined for a career in the industry. “Look, my mates surfed, so I surfed, my mates drank beer, so I drank beer and I didn’t really care for wine. It wasn’t Myanmar Summary ,aeYtcsetcgwGif MopaMw;vs df onf urÇmhpwkw¬tBuD;qHk; 0dkif wif yYkdo nf h Ed k i f i H w pf c k j zpf N yD ; ESpfpOfESpfwdkif; 0dkifyrmP 750 rDvD,HvDwmtm; urÇmwpf0ef; odkY xkwfvkyfwifydkYaMumif; od& onf/ tqdygyrmPxuf0ufausmf k eD;yg;rSm MopaMw;vsawmifyi;f rS kd xGu&Sjd cif;jzpfaMumif;vnf; od& f onf/ Organisation of Vine and Wine (OIV) rS tcsuf tvufr sm;t& 0diaps;uGuwif k f f G xdyfwef;vTrf;rdk;xm;aom urÇm wpf0ef;&Sd EdkifiHrsm;pm&if;wGif MopaMw;vsrm 0dixwvyrwif S k f k f k f I G tqifh (7) ae&mwGifom &Sdae aomfvnf; 0diwifyrwif tqifh k f kYd I G (4)ae&mwGif &SaeNy;D Oa&myEdiiH d k f rsm;jzpfonfh tDwvD? pydefESifh jyifopfEiiwaemufwif &Sae kd f H Ykd G d aMumif; od&onf/ 1850 ckESpfwGif ysif;&dNiD;aiGU zG,faumif;aom t*FvdyfpD&ifpk e,frS vli,fwpfOD;onf Mop aMw;vsodkY oabFmjzif h xGufcGmcJh
  • 10. FEATURE 10 Myanmar Business Today December 19-25, 2013 other alcoholic beverages, wine styles are much vaster than beer or spirits. You can generally until I was in my second year at university, studying an agricultural science degree to become a wheatsheaf farmer that I suddenly realised the position I was in,” he said. “So I had to go back to my father [Sir James Hardy, who also awarded a knighthood in 1981 for his services to Yachting] with my tail between my legs and ask like an absolute cop-out, but my father was fantastic. He said, ‘if the family doesn’t come into the business then there is no family business.’” Hardys has been distributed within Myanmar for at least the last eight years and Bill says that his visit, which was part of also included a dinner event at Yangon’s Traders Hotel, is part of a drive to further promote the brand within the country. “We have found in other markets that if you’re one of the early groups into a market, you can really gain some ownership of the category and we would love to see the name Hardys become associated with Aus- Asia,” Bill said. James Marsden, who manages the wine arm for Premium Distribution, who distribute Hardys and other wines in the country, said that there had been a certain increase in wine consumption within the country, but that any noticeable shift would take time. “I think the shift will take time. Australian wine has been very successful here, they were anmar from our side, and then you have the French and Italian wines, which remain popular.” Part of the challenge however, Bill says, is helping people understand what wine is about. “Because of wine’s variety of styles, if you compare it with tralian wine here,” he said. Asia’s wine market is expected to grow over the coming years. In 2012, China’s wine market, for example, reached $41 bila year previously according International. “Wine has always been a fairly aspirational product and, in Southeast Asia many of the economies are growing as lifestyle increases among local people. I think they’re looking more at the world and western trends and I think wine is often seen as part of a sign of success. It’s often seen as something culturally for people on the rise, so I think we will continue to see a rise in consumption all across almost any food and I think the greatest way you can promote wine is to teach people how to use it, when you should use it and what you can use it with. It’s a special product.” EDITOR’S NOTE. This interview was conducted prior to the government’s recent crackdown on imported alcohol and cigarettes. NyD;xdktcsdefuwpfOD;wnf;r&yfwnfEif kd cJay/touf 20t&G,wGif Thomas h f Hardy onf British Empire [k trnf&SdonfhoabFmjzifh MopaMw;vs odUk xGufcmvmcJhonf/ xdaemufpuysK;d G Yk kd f arG;jrLa&;ESifh ESHpm;yiftp&S donfwdk Yudk a&m>yef ; vk y f a qmif a omv,f o rm; John Reynell ESihf jzpfonfh tvkyftwlwlvkyfudkifcJhonf/ Reynell onf awmifydkif; MopaMw;vswGif yxrOD;qHk; 0dkifjyKvkyfoljzpfcJhNyD; 1838 ckEpwif pwifvyuiconf/ Thomas S f G k f kd f hJ Hardy taejzifh arG;jrLa&;wd&pämefrsm;udk Munf½apmifa&Smuf&onftvkyukd vkyf h I h h f udkifcJh&NyD; tvkyfvkyfudkifcJhonfh yxr tywftwGif; arG;jrLa&;wd& pämef 2 cg txd aysmuf&ScJhaMumif; ? v,form;u arG;jrLa&;wd&dpämefrsm;tm; rxdef;odrf; rapmifha&SmufonfhtwGuf pyspfNcHodkY rSwfwrf;a&;om;xm;onf/ Thomas taejzifh pGefYOD;wDxGifvkyf udkifvdkaom pdwfqE´aMumifh Victoria odkY a&muf&SdapcJhonf/ om;owfvkyfief; wGif oHk;ESpfeD;yg;rQvnf; vkyfudkifcJhNyD; awmifMopaMw;vsodkY jyefvmEdkif&ef twGuf aiGaMu;vHvavmufavmuf&&Sd k kH &ef vkyfaqmifEdkifcJhNyD; 0dkifxkwfvkyf&ef tjyif a&SmufoHyk&mtrsKd;oD; ? oHvGif oD;ESifh opfoD;,dkr sm;udk xkwfvkyf&ef xlaxmifcJhonf/ Thomas Hardys ESifh om;rsm;onf vkyfief; tjcm;u@ rsm;udk rvkyfaqmifawmhbJ 0dkifxkwf vkyfrIudkom tm½Hkpdkuf½Hkpdkufí pwif aqmif&GufcJhonf/ ESpfaygif; 139 ESpf txd rdom;pkpD;yGm;a&;tjzpf aqmif &GufcJh&mrS 1992 ckESpfwGif Thomas rsK;d qufrsm;taejzifh vkyief;ü tjcm; f &if;ES;D jrK§ yEorsm;udk yg0ifvmap&ef vrf; f HS l zGifhay;cJhNyD; MopaMw;vspawmhtdyfcsdef; wGif ukrÜPDtm; pm&if;oGif;cJhum Berri Renmano Limited ESifh csdwf BRL Hardys qufNyD;aemufwGif Limited jzpfvmcJhonf/ Myanmar’s Biggest Special Economic Zone M yanmar has begun phase of the Thilawa Special Economic Zone (SEZ) economic zone of its kind, on the outskirts of Yangon. covers 400 hectares out of the overall 2,400 hectares. venture industrial complex cial ribbon-cutting and groundbreaking ceremony held at the site. A consortium, MyanmarJapan Thilawa Development ernment of Myanmar and nine local Myanmar companies will plans to prepare roads, sewage treatment equipment and other infrastructure. tories, high-tech industry, textile, labour intensive industry and manufacturing industry. Mitsubishi Corp, Marubeni Corp and Sumitomo Corp stake in the consortium, to be capitalised at $100 million, while the remaining 51 percent will be owned by the Myanmar government and local private companies. The Myanmar public company is set to sell its shares to the public in early 2014 and the company will start commercial run of the Thilawa SEZ in midSet Aung, chairman of the Thilawa Special Economic Zone management committee, and stronger relationship and friendship between Myanmar would open up a new chapter in the history of Myanmar. He said the development of the zone would not only contribute to the economic development of the country, but also to the locals residing in and around the area with increased employment opportunities, income, and consumption. would attract more foreign investment to Myanmar, and pledged cooperation with the developers and the investing companies for the successful establishment of the SEZ. “We stand ready for better coordination, facilitation and to provide any necessary assistance to all the stakeholders, especially to the developers as well as investors,” he said. Yoshihiko Isozaki, parliamen- U Aung/Xinhua Shein Thu Aung Construction workers stand near heavy tractors during the commencement ceremony of Thilawa SEZ Project in Yangon. tary vice minister of economy, trade and industry of Japan, Myanmar people. portunities can be created by receiving investments from abroad, so that the people of the reforms.” Isozaki said many Japanese companies remain unsure about investing in Myanmar due to procedural complications, so solving such issues to pave the way for potential investors to locals would be the key to the success. The site is expected to draw businesses involved in apparel, car manufacturing and other services, upon its completion in 2015. lies between Thanlyin and Kyauktan townships in Yangon region, has so far been marred by land disputes involving hundreds of farmers, posing a challenge for the implementa- Contd. P 22...
  • 11. LOCAL BIZ 11 Myanmar Business Today December 19-25, 2013 Yu Jincui Myanmar Summary W e drove a 1997 Toyota as we passed by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). The sedan was purchased by a local friend for over $10,000 two years ago after the Myanmar government loosened its secondhand car import regulations. Within hundred metres of the UMFCCI, there were several dozen Japanese secondhand cars for sale. Japanese secondhand cars, frustrated in the Western market in recent years, have found new export targets in developing countries like Myanmar and African nations. “Myanmar is a paradise for Japan’s used cars!” locals I recalled my experiences hailing cabs when I visited Yangon for the Japanese used cars dominated the roads. Sitting in a rust-bucket that had been on the roads for 20 or 30 years was a nostalgic experience – but you had to tightly grip the door handle in an uncomfortable seat. The Myanmar government released import regulations, and urged car owners to replace their models in September 2011, with a purpose to improve the speed and efas well as modernize the city appearance to attack more investors. This created huge opportunities for Japanese used cars but a messy situation in the importing Myanmar cities. When I got impatient and restive after waiting at a crossroads for over an hour, an experience all too familiar to me from Myanmar could be seen through mushrooming Japanese used cars. In fact, the Myanmar media report various forms of Japan-Myanmar cooperation every day, such as loans to Myanmar and Japanese enterprises mulling investment in the country or committing funds. Analysts say Myanmar’s reform provides a oncein-a-lifetime opportunity for Japan to reassert its to kill two birds with one stone through economic diplomacy: grabbing the untapped Myanmar market to spur Japan’s stagnant economy, while anmar and the Southeast Asian region. Expansion of Japanese business in Myanmar is hard to see as purely economic behaviour. It has gained strong backing from the Japanese government. In 2012, Japan an- told me that she was also losing the thrill of having a new car, due to worries about the mounting pressure of emissions, severe Myanmar’s ¥303.5 billion ($3.7 billion) debt and provide a new loan of ¥500 billion for Myanmar’s development. wasting parking. Her worst experience was driving round a downtown parking lot for half an hour to squeeze her car in. Japan’s ambition to some insightful Burmese also noticed the conditions attached to loans. As is common with development loans, they can be only applied to Japanese construction companies and purchasing Japanese products and equipment, increasWith intensifying economic activities of Japan in Myanmar, questions over the transparency of Japan’s actions are also surging in a highly charged media environment after Myanmar initiated the democratic process. A recent op-ed published in Democratic Voice of at the trend of “an alarming lack of transparency” of Japanese diplomacy in Myanmar. A local businessman told me that such views are held by an increasing number of people in Myanmar. Some MPs demanded Japan to publicise how it aid to Myanmar’s health sector according to Myanmar’s Eleven News. There are also many criticisms of Japan’s silence over compensation for land grabs in the process of developing the Thilawa Special Econom- establishing a low-cost manufacturing base, will stimulate Myanmar’s economy and employment if successfully carried out, but progress has been slow due to local “closed-door” dealings targeted by the media. The Myanmar public has a high standard for foreign economic activities in their country. It remains to be seen ing ambitions. The author is a reporter with the Global Times. jrefrmEdkifiHtaejzifh EdkifiHa&; pD ; yG m ;a&;jyKjyif a jymif ; vJ r I r sm; aMumifh ordkif;rsufESmpmopfwpf &yfudk zGifhvSpfEdkifcJhNyD; jrefrmhaps; uGufwGif &if;ESD;jr§KyfESH&eftwGuf vnf; &if;ES;D jrK§ yEorsm;taejzifh f HS l pdw0ifpm;vsu&MdS uonf/ jrefrm f f tpdk;&rS jyKjyifajymif;vJrIr sm;pGm udk vkyfaqmifcJhNyD; jrefrmEdkifiH tm; zGUH NzdK;wdk;wufrIvrf;pay: odkY a&muf&SdvmapcJhonf/ armf awmfum;wifoi;f cGiqi&mrl0g' G hf kd f pnf ; rsOf ; pnf ; urf ; rsm;tm; ajzavQmhrIuJhodkY jyKjyifajymif;vJ rIr sm;aMumifhvnf; tvm;tvm aumif;aom &if;ESD;jr§KyfESHrIaps; uGufwpfckjzpfvmjcif;jzpfonf/ *syefEdkifiH wpfywf&pfum; rsm;rSm taemufEdkifiHaps;uGuf wGif rMumao;rDESpfrsm;twGif; tajctaeraumif ; rG e f chJa omf vnf; zGHUNzdK;qJEdkifiHrsm;jzpfonfh jrefrmEdkifiHESifh tmz&duEdkifiHr sm; odkY wifydkYvmEdkifcJhonf/ jrefrm tpdk;&taejzifh oGi;f ukewifoif; f G cGifh pnf; r sOf ; pnf ; urf; rsm; udk xkwjf yefcJNh yD; armfawmfum;ydi&if k f S rsm; tm; um; topf rsm ; jzifh vJvS,f&ef 2011 ckESpf pufwif bmvwGif wduwe;f cJNh y;D o,f,l k f G ydkYaqmifa&;u@tm; ydkrdkt&Sdef t[kefaumif;rGefvmNyD; tusKd; oufa&mufrrsm; &&S&ef &nf&,f I d G csutjyif &if;ES;D jrK§ yEor sm;tm; f f HS l ydkrdkqGJaqmifEdkif&eftwGuf NrdKU t*Fg&yftm; tqifjh riwifrvnf; § hf I jzpfonf/ xdktcsufu *syefEdkifiH wpf y wf & pf um;rsm;twG u f tcG i f h t vrf ; aumif ; wpfckukd zefwD;ay;cJhonf/ armfawmfum;wifoi;f cGir0g' G hf l rsm ; avQm h c say;vd k u f r I a Mumif h armfawmfum;trsm;tjym;wif oGif;EdkifcJhaomfvnf; um;vrf; ydwqkd rrsm;ESihf umAGexwvwf f Y I f k f T rIzdtm;rsm;udkvnf; &ifqdkif&p jyKvmonf/ *syefEdkifiH jrefrm EdkifiHtay: vTrf;rdk;rItm; ydkrdk csUJ xGivm&eftwGuf &nf&,csuf f G f tm; rdIvdkaygufaeaom *syef wpfywf&pfum;rsm;udk Munfhjcif; tm;jzifh odEdkifonf/ jrefrmEdkifiH rS rD',mtawmfr sm;rsm;rSmvnf; D aeYpOfvdkvdk *syefEdkifiHESifh jrefrm Ed k i f i H yl ; aygif ; aqmif &G uf rI owif;rsm;udk azmfjyaeMuonf/
  • 12. LOCAL BIZ 12 Myanmar Business Today Xinhua December 19-25, 2013 Philippine President Benigno S Aquino III (R) welcomes Myanmar President U Thein Sein in Manila, the Philippines. Aye Myat T he Philippines and Myanmar signed six agreements aimed at strengthening bilateral ties between the two countries during President U Thein Sein’s recently-concluded three-day visit. The agreements were signed ments, energy, agriculture, Under the memorandum of losses, use resources more people to the electricity grid more quickly,” he added. The loan will fund improvement works so electricity can cluding upgrading substations, replacing existing distribution lines and transformers as well as upgrading digital revenue meters. Other improvements include replacing outdated electricity lines, which can often cause health and safety problems, particularly in built-up areas. tion loss by 4 percentage points, the Manila-based lender said. Technical and non-technical losses from Myanmar’s aging distribution system were as high as 18.2 percent in 2012, power generated was lost before reaching customers, according to the ADB. Despite ongoing reforms aimed at pulling Myanmar out of decades of economic stagnation, electricity remains a key issue, with regular electricity available to only 30 percent of the estimated 60 million population. understanding (MoU) on food security, the two countries would work together to ensure food security and the promotion of investments through the agricultural sector. The memorandum of agreement (MoA) on renewable energy would enable the Philippines and Myanmar to exchange technical expertise, activities in renewable energy resources. Even the country’s most populous city Yangon, which is working hard to attract foreign from regular powercuts, which is making foreign businesspeople and big manufacturers apprehensive about moving into the country. Myanmar’s average electripercent in 2006 to 28 percent in 2012, but only about one in nected to the electricity grid. Currently, Yangon has the highest access to electricity at 72 percent, followed by the capital Nay Pyi Taw with 65 percent and Mandalay with 35 percent, according to the ADB. The lender said improving distribution in the four regions should reduce system losses and subsequently provide increased opportunities for large industries and small and medium-sized enterprises to expand their services, enhance living conditions, and improve services at community facilities like clinics or schools, which should contribute to economic growth and poverty reduction. In addition to providing support for transmission updates and preventing technical losses, ADB is working with the The MoU on information cooperation aims to provide an cooperation between private of best practices in media's role in national development and exchanges, radio and television public relations, printing and publishing. An MoA on visa-free entry to Myanmar that would allow Filipinos to stay in Myanmar for up National Energy Management Committee to improve coordination between ministries responsible for the country’s energy. ADB is also assisting the government in preparing Myanmar energy sector policy, revising the Electricity Law, setting the national transmission and distribution code, and establishing electric equipment standards. A 20-year, longterm energy master plan is also being formulated. The bank said future activities in the energy sector will also rural energy access and helping the government establish the public-private partnerships power system expansion. ADB, together with the World Economic Forum and Accenture, has also conducted an assessment of the nation’s current energy architecture challenges. A report providing an overview of a path to a “New Energy Architecture” was published in June. In 2012, ADB developed a road map toward the resumption of normal operations within Myanmar including economy assessments of key sectors, provision of technical assistance to 14 days without the need for a visa was also signed. It also permits Myanmar nationals to visit the Philippines without a visa for up to 30 days. The two countries inked an MoU on trade and investments which aims to facilitate the dissemination of investment information and consultations with the business community in the two countries. The Philippine Chamber of Commerce and the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry also signed an MoA which enables both groups to establish business contacts via conferences, seminars, study tours, exchange of trade groups, and participation in trade fairs. bert del Rosario and Myanmar Minister for Social Welfare, Relief and Resettlement Myat Myat Ohn Khin exchanged notes on the turnover of Myanmar’s donation amounting to $150,000 for the victims of the earthquake and typhoon Haiyan, locally named “Yolanda,” in central Philippines. Myanmar Summary zdvpfydkifEdkifiHESifh jrefrmEdkifiHwdkYonf ESpEiicspMf unf&if;ES;D rIukd ydrcirmvm f kd f H k kd kd f of an interim country partnership strategy. the country’s dictatorship at the time ceased paying loans to the bank. ADB returned to Myanmar in 2012 after the country continued its impressive range of reforms and has been involved in a number of programmes aimed at improving the couneconomy. bPf yxrOD;qHk; acs;aiGtpDtpOf wpf&yfvnf;jzpfonf/tm&SzUHG NzKd ;wd;k wuf a&;bPfrS acs;aiGr sm;tm; &efukef? rEÅav;? ppfudkif;ESifh rEÅav;wdkif;a'o BuD;wdkYwGif vQyfppf"mwftm;jzefYjzL;rIr sm; ydkrdkwdk;wufvmap&eftwGuf toHk;jyK oGm;rnf j zpf a Mumif ; tqd k ygbPf rS ajymMum;cJhonf/ vQyf p pf " mwf t m;&&Sd a &;rSm zG H U NzdK; wdk;wufa &;twG u f vG e f p G m ta&;yg aMumif; tm&SzGHUNzdK;wdk;wufa&;bPf 'kwd,Ouú| Stephen Groff u ajymMum;cJhonf/ vuf&SdvQyfppfpGrf;tm; tajccHtaqmufttHrsm;tm; jyefvnf k jyifqifrEifhxyfrtiftm;jznfwif;rIrsm; I S H h onf "mwftm;qHk;½HI;rIr sm;udk avQmhcs ay;Ed k i f r nf j zpf o vdk t&if ; tjrpf r sm; ap&ef &nf&G,fí oabmwlnDrI 6 &yf udk ESpfEdkifiHoabmwl vufrSwfa&;xdk; cJhNyD; jrefrmEdkifiHawmfor®w OD;odef;pdef rMumao;rDu oGm;a&mufcJhaom oHk;&ufwm zdvpfydkifc&D;pOftwGif;ü a&;xdk;cJhjcif;jzpfonf/ tqdkyg oabmwlnDcsuf 6 &yfrm S ukefoG,frI? &if;ESD;jr§KyfESHrIrsm;? pGrf;tif? pdkufysKd;a&;? rD'D,mESifh c&D;oGm;vma&; u@rsm;yifjzpfaMumif;vnf; od&onf/ pm;eyf & d u © m zl v H k r I q d k i f &m em;vnf r I pmcRefvmatmufwGif ESpfEdkifiHtaejzifh T pm;eyf&du©mzlvHkap&eftwGuf yl;aygif; aqmif&GufoGm;Murnfjzpfovdk pdkufysKd; a&;u@üvnf; tusKd;wlyl;aygif;vkyf aqmif r I r sm;jzifh &if ; ES D ; jr§ K yf E S H r I r sm;udk wdk;wufvmap&eftwGuf aqmif&Guf oGm;rnfjzpfaMumif; od&onf/ owif ; t c suf tvuf ydk if ; qkif &m d em;vnfrIpmcRefvmtaejzifh ESpfEdkifiHrS T owif; orm;rsm; tjyef t vS ef om; G a&mufEdkifa&;? yk*¾vdua&'D,dkESifh wDAD euf0ufcfrsm;wGif yl;aygif;vkyfaqmif a&;? trsKd;om;zGUH NzKd ;wdk;wufa&;ESifh Nir;f d csrf;a&;vkyfief;pOfr sm;wGif rD'D,m tcef;u@tm; taumif;qHk;toHk;jyK Edkifa&;? owif;rsm; tjyeftvSefzvS,f a&;? a&'D,Eif h ½yjf rifoMH um;xkwvifrI kd S k f T h rsm;? ½kyf&Sifvkyfief;rsm;? trsm;jynfol qufqHa&;? yHkESdyfxkwfa0a&;vkyfief; rsm;qdi&m udp&yfrsm;vnf; yg0ifaMumif; k f ö od&onf/ tm; taumif;qHk;tusdK;&SdpGm toHk;jyK vmEdkifaprnfjzpfNyD; vltrsm;tm; vQyf ppf"mwftm; ydkrdk&&SdvmEdkifaprnfjzpf Mum;cJhonf/ tdkrif;a[mif;EGrf;aeaom "mwftm; vdkif;rsm;udk tqifhjr§ifhwifrIrsm; jyKvkyf oGm;rnfjzpfovdk oufwrf;Mum&SnNf yjD zpf onfh "mwftm;vdkif;rsm;aMumifh usef;rm a&;ESif hab;tEÅ&m,fuif;&Si;f a&;jyóem rsm;udk jzpfyGm;apaMumif; od&onf/ pD r H u d e f ; aMumif h "mwf t m;jzef Y j zL;rI ü avvGifhqHk;½HI;rIrsm;udk 4 &mcdkifEIef;txd avQmcsay;EdirnfjzpfaMumif; tm&SzUHG NzKd ; h k f wdk;wufa&;bPfrS ajymMum;cJhonf/ vuf&taumiftxnfazmfaqmif&uf dS G vsuf&Sd o nfh jyKjyif a jymif ; vJ r I r sm; &nf&,csurm q,fpEprsm;pGm tMum G f f S k S f pD;yGm;a&;wd;k wufr&yfwefaeonftajc I Y h taerS qGJxkwfNyD; zGHUNzdK;wdk;wufvm ap&efjzpfNyD; vQyfppf"mwftm;u@rSm ta&;ygonfjh yóemwpfctjzpf use&dS k f aeao;NyD; oef;ajcmufq,fr Q&Sdaom vlOD;a& 30 &mcdkifEIef;om vQyfppf "mwftm; yHkrSef&&SdEdkifonfhtaetxm; wGif &Sdaeonf/ jrefrmEdkifiH tausmfMum;qHk; &efukef NrdKUtaejzifhvnf; EdkifiHjcm;&if;ESD;jr§KyfESH ol r sm ;tm; qG J a qmif E d k i f & ef t wG u f BuKd ;yrf;aeNyD; "mwftm;jywfawmufrI rsm;udk qufvufawGUBuHKEdkifaMumif; od&onf/
  • 13. REGIONAL BIZ 13 Myanmar Business Today December 19-25, 2013 Thai PM offers to help US and UN to investigate allegations of trafficking Andrew RC Marshall, Jason Szep and Arshad Mohammed T he United Nations and the United States called for investigations into moved Myanmar refugees into The report, published on December 5 and based on a two-month investigation in three countries, revealed a clandestine policy to remove Rohingya refugees from Thailand’s immigration detention centres and deliver them to human trafThe Rohingya, stateless Muslims from Myanmar, are then transported across southern Thailand and held hostage in camps hidden near the border with Malaysia until relatives pay ransoms to release them, according to the Reuters report. Some are beaten and some are killed. “These allegations need to be investigated urgently,” UN refugee agency spokeswoman Vivian Tan said in a statement. “We have consistently asked countries in the region to provide temporary protection, including protection against abuse and exploitation.” Washington issued a similar call hours later. “We are aware of reports alleging that Thai selling Rohingya migrants to Department spokeswoman Marie Harf said. “We urge the Thai government to conduct a serious and transparent investigation into the matter.” “We remain deeply concerned about the safety of and humanitarian conditions for vulnerable communities in Burma, including refugees and asylum seekers on Burma’s borders and elsewhere in the region,” Harf added. the Royal Thai Police in Bangkok was quoted in the Reuters report saying that there was the Rohingya to Myanmar. He called this “a natural way or option two.” But he said the Rohingya signed statements in which they agree they want to return to Myanmar. These statements, however, were at times produced in the absence of a Rohingya language translator, Reuters found. “The detainees also need to be informed about their options in a language they understand,” said Tan, the UN spokeswoman. “Any decision to leave must be voluntary, and those who choose to leave must be protected against abuse and exploitation by smugglers.” However, Thai Prime Minister Yingluck Shinawatra said Thailand will help the UN and the US with any investigation Shinawatra, who chairs a government committee on asked about her reaction. “I cannot comment on the Rohingya issue and reaction as this is the responsibility of the Foreign Ministry to handle,” she said in a comment to Reuters, delivered through an aide. “The ministry will liaise with the United States and the UN to Men stand in boats crossing the invisible maritime border between Thailand and Myanmar near the Thai port city of Ranong. help with any investigation they need.” Possible sanctions New York-based watchdog group Human Rights Watch criticised Thailand for moving detainees into established and warned Thailand could face a possible downgrade in a US list of the world’s worst enforcSuch a downgrade would place Thailand, a close US ally and Southeast Asia’s secondbiggest economy, at risk of US sanctions and put it on par with North Korea and Iran among “The Thai government has some serious explaining to do before the international community,” said Phil Robertson, deputy Asia director at Human Rights Watch. The US State Department is gathering information for its (TIP) report, due to be published in June. Thailand faces an automatic downgrade to Tier 3, the lowest rank, unless it makes ing, the State Department says. The Tier 3 designation could sanctions. Contd. P 17... Myanmar Summary xdkif;EdkifiHrS vl0ifrIBuD;Muyfa&;wm0ef &Sdolrsm;aMumifh jrefrmEdkifiHrS 'ku©onf rsm;rSm vlukeful;rIrsm; awGUBuHKvmcJh& aMumif; ½dkufwmrS ppfwrf;azmfjyrI twGuf ukvor*¾ESifh tar&duefEdkifiH wdkYrS pHkprf;ppfaq;rIr sm;udk jyKvkyf&ef twGuf wdkufwGef;awmif;qdkcJhaMumif; od&onf/ tqdkyg ppfwrf;azmfjyrIudk 'DZifbmv 5 &ufaeYwGif xkwfa0cJhNyD; EdkifiHoHk; Ediiwif ESpvwm pHprf;ppfaq;rIrsm;udk k f H G f k tajccHxm;aMumif; od&onf/ ½dk[if*sm 'ku©onfrsm;tm; xdkif;EdkifiH vl0ifrI BuD;Muyfxef;odr;f &mpifwmrsm;rS vluef d k Contd. P 17...
  • 14. REGIONAL BIZ 14 Myanmar Business Today December 19-25, 2013 Drives Location selected key schools getting more funding as well as better facilities and teachers. Indeed, experts say the quality of education varies greatly between the top primary schools and the rest. "This is social inequality, public schools use government resources and funding, but buy a school-area home," said Tan Fang, a professor at the SouthChina Normal University in southern Guangzhou city. The Ministry of Education, in a statement to Reuters, said the government had sought to strengthen the quality of basic Reuters parents will be content to let their children go to nearby schools". School-area housing has Many Beijing residents are willing to pay over the odds to secure homes near to high-quality schools in China's competitive education market. Li Hui and Ben Blanchard Z hong Jian and his wife are willing to pay double the going rate for a tiny home their 18-month-old daughter will be eligible to attend a top primary school nearby. Because public primary schools in many Chinese cities have to admit children who live locally, parents like Zhong are driving up property prices in areas that have the most popular schools. The trend is set to accelerate with a baby boom expected after China eased its one-child policy last month. "I don't have a choice. I want the best education for my daughter and this is the only way," said Zhong, who has hunted in the alleyways near the Primary School for six months without any luck. Prices for pre-owned homes 19 percent in October from a year ago, a dizzying pace for those trying to get a foothold in the Chinese capital. But the spike is far greater in the areas young families covet - neighbourhoods near the best schools, which are often clustered in the older parts of apartment complexes. On average, pre-owned homes close to good schools are 50 percent more expensive than similar ones in comparable areas, and the gap has widened over the past year, said Chinese real estate agency and consultancy HomeLink. Supply is also very tight, half a dozen parents told Reuters. China loosened its family planning rules last month to allow couples to have two children if one of the parents was an only child, a measure demographers say will apply to tens of millions of families. "The new policy will widen the supply-demand gap for schoolarea houses in the next three to guo, an analyst with HomeLink. "Prices will go even higher." Zhong, a 32-year old electronics salesman, said he was ready to pay two million yuan($328,200) for a tiny home with one room the size of about four king-size beds, in a shabby alleyway near the Primary School. The home, which doesn't even have a bathroom, sits in a rundown Chinese-style courtyard with other small homes. That would have been more than double the cost for a similar real estate agent said. But the owner still wanted more, so Zhong had to say no. Other parents said they were willing to pay high prices and endure less than ideal living conditions to get their child into a top primary school. Chinese families put enormous emphasis on education. Many parents believe that choosing the right primary school for their child is vital to getting them into a good high school followed by a prestigious university. "Education is very competi- tive," said a parent surnamed Wang, the father of a two-year old boy. "We don't have the connections to get him into a good school, so we can only buy a school-area home," added Wang, who declined to give his full name. Zhong said he and his family had not planned to live in the courtyard home, about 3 km (1.9 miles) from Tiananmen Square. But the purchase would have enabled him to move his household registration and thus meet the school's requirement of three years of neighbourhood residency before his daughter began classes. in real estate markets, not only also in less developed cities that have millions of people but fewer high-quality schools. Most buyers of school-area parents who give up bigger and newer houses to live near good schools, which are often surrounded by small, older apartments, said HomeLink analyst Zhang. There are other concerns for parents. In principle, children are admitted based on the address on the household registration, or hukou, of their family. Many schools require families to have lived in the neighbour- “I don’t have a choice. I want the best education for my daughter and this is the only way.” "These owners know that what they are really selling is the school opportunity," said Zhong. fair access to education, the government has for years required public primary schools to admit students from local neighbourhoods in many cities. However, a nationwide system for ranking schools according to academic results has led enrolment. Relocating a hukou, time. And parents often don't know if their child has been accepted until they reach school age. More equitable education was highlighted in reforms announced last month, along with a relaxation of the onechild policy and many other economic measures. The reform document called the quality of education among urban and rural areas. Change may not come soon enough for parents like Zhong. "I feel very tired and helpless," said the weary father. "It's a lot of pressure." Reuters Myanmar Summary Zhong Jian onfh orD;i,ftwGuf xdywef;rlvausmif; f wGif ynmoifMum;Ediap&eftwGuf ,if; k f rlvwef;ausmif;wnf&Sd&mESifh eD;onfh ae&modkY ajymif;a&T U&rnfjzpfNy;D aexdirI k f p&dwrm,cifxufEpqrQ toHk;jyKom; f S S f G &awmhrnf jzpfonf/ w½kwEii&Sd NrdKUtawmfrsm;rsm;&Sd rlv f kd f H wef;ausmif;rsm;wGif wufa&mufvaom kd uav;oli,frsm; rdbrsm;taejzifh ,if;rlvwef;ausmif;wnf&Sd&mteD;wGif aexdkif&ef vdktyfvmonf/ emrnfausmMf um;aom rlvwef;ausmif; rsm; wnf&&mae&mrsm;wGif tdrNf cajraps; Sd H EIef;rsm;rSm jrifhrm;vsuf&SdaMumif;vnf; od&onf/ ]]uReawmfrm a&G;cs,p&mr&Sd f h S f bl;/uReawmforD;twGuf taumif;qHk; f h ynma&;udk vdkvm;w,f/ 'g[myJ wpfck wnf;aomenf;vrf;yg}}[k Zhong u ajymMum;cJhonf/ ab*sif;wGif wnfaqmufqJtdrfrsm; ESifh tcef;rsm;twGuf BudKwif0,f,lrI aps;EIef;rsm;rSm 19 &mcdkifEIef; jrifhwuf vmcJhNyD; ab*sif;wGif tajcusvdkolr sm; twGuf acgif;udkufp&mtajctaewpf &yfjzpfvmcJonf/ysr;f rQtaejzifh pmoif h ausmif;aumif;rsm;ESifheD;aomae&mrsm; ü tdrfr sm;BudKwif0,f,lrIrSm tjcm;ae &mrsm;ESifh EdIif;,SOfvQif 50 &mcdkifEIef; ausmf aps;ydkrdkjrifhrm;aeNyD; vGefcJhonfh ESpfrSpí aps;EIef;uGmjcm;rIrSm ydkrdkus,f jyefYvmcJhaMumif; w½kwfEdkifiH tdrfNcH ajrtusKd;aqmifESifh twdkifyifcHvkyfief; jzpfonfh HomeLink rS ajymMum; cJhonf/ a&mif;vdtm;rSm tvGetueftowf k f Y jzifhom &&SdEdkifaMumif; ausmif;om;rdb rsm;u ajymMum;MuaMumif; ½dkufwm owif;XmeodkY ajymMum;cJhonf/ vGefcJh onfhvrSpíw½kwEiitaejzif h rdom;pk f kd f H wpfcktaejzifh uav;wpfa,mufom arG;zGm;a&; ay:vpDudk tajymif;tvJ jyKvkyfay;cJhNyD; uav;wpfa,mufom&Sd aomrdbrsm;taejzifh uav; 2 a,muf txd &,l&eftwGuf cGijhf yKay;cJonf/ h ,ckay:vpDtopftaejzifh vmrnfh oHk;ESpfrS ig;ESpftwGif; pmoifausmif; teD;tem;0ef;usifrS tdrf&mrsm;twGuf a&mif;vdktm;ESifh 0,fvdktm;uGm[csuf udk ydkrdkus,fjyefYvmaprnfjzpfaMumif; HomeLink rS pdppfolwpfOD;jzpfonfh Zhang Quanguo uajymMum;cJhonf/
  • 15. REGIONAL BIZ 15 Myanmar Business Today December 19-25, 2013 Steelmakers Shift to Low-Grade Iron Ore Low-grade iron ore tends to consume more coal in steelmaking; Domestic mining bans lead to paucity of superior iron ore grades Krishna N Das I ndia’s coking coal imports could see a double-digit per- year as a scarcity of high-quality iron ore after a mining ban is forcing steelmakers to use inferior grades that need more coal to process into steel. The world’s third-largest importer of coking coal shipped in 32.2 million tonnes last year. The use of low-grade iron ore would mean more coal purchases from traditional suppliers such as Australia, South Africa and the United States – helping support prices even if demand from China tapers. But it would not help in the weak rupee currency. “Some of the lower-quality iron ores mined in India have a higher than normal alumina content, which leads to higher slagging (residue from smelting of ore) in the blast furnace,” said Jim Truman, principal coal analyst at energy consultancy Wood Mackenzie. “As a result, when using more of this product, blast furnaces require higher levels of heat.” Domestic steel companies have traditionally preferred high-grade ores as every percentage point increase in iron content improves productivity by 2 percentage points and reduces coking coal consumption by 1 percentage point, according to the Indian Bureau of Mines. Ore with more than 64 percent iron is regarded as high grade. But mining bans in key producing states have forced Indian steel companies to adopt methods to be able to use even low-quality ores – containing as low as 48 percent iron – accumulated over the years. Many of the so-called benwaste material from ore and increase its iron concentration – built by companies such as JSW Steel Ltd, Essar Steel and Monnet Ispat & Energy are struggling with the high percentage of alumina as well as silica. “The problem that is coming up today is that low-grade ores contain very high alumina and silica which cannot be taken process,” said Seshagiri Rao, Steel, India’s third-biggest steel when fuel consumption goes up.” Rao said the company’s coking coal consumption could year mainly due to the use of low-grade iron ores. JSW Steel imports all of its coal needs – about 14 million tonnes last at home. Kalyani Steels Ltd’s imports of coke – derived by heating coking coal – would rise 50 percent to 150,000 tonnes this iron ore and adds capacity, Managing Director RK Goyal told Reuters. About 770 kg of coking coal and 1,400 kg of high-grade ore are required to produce 1 tonne of steel, according to industry estimates. Though coking coal is slightly costlier than iron ore, steelmakers prefer importing coal due to the lower volume. India produced 49.4 million Workers clear a track in a railway coal yard on the outskirts of the western Indian city of Ahmedabad. India's coking coal forcing steelmakers to use inferior grades that need more coal to process into steel. year, with state-run monopoly Coal India Ltd accounting for most of that. The miner’s inability to raise output of thermal and coking coal in line with demand has meant India has become the third-largest importer of the fuel despite sitting on the per a BP Plc estimate. Myanmar Summary tdE´d,EdkifiH ukwfausmufrD;aoG; wifoGif;rIonf ,ckb@ma&;ESpfwGif wdk;wufvmrnfjzpfNyD; tcsKdUjynfe,f rsm;wGi f owåK wGi;f vkyf ief; rsm; tm; aqmif&G ufcGifhukd ydwfy if wm;jrpf c J h N yD ; aemufwif t&nftaoG;aumif;rGeonfh G f oHowåK½dkif;&Sm;yg;vmrIu oHrPdvkyf ief;rsm;tm; t&nftaoG;edrfhukefMurf; rsm;tm; toHk;jyKvm&ef zdtm;jzpfapcJh NyD; oHrPdtjzpf xkwfvkyfvmEdkif&ef twGuf ausmufr;D aoG;ukeMf urf;rsm; ydrkd k vdktyfvmaMumif; od&onf/ tdEd´,EdkifiHonf urÇmhwwd,tBuD; qHk; ukwfausmufrD;aoG; wifydkYoljzpfNyD; vGefcJhonfhESpfwGif rufx&pfwefcsef d 32 . rDvD,H wifoGif;cJhonf/ t&nf 2 taoG;edrhf oH o wåK ½dki;f rsm; toHk; jyKrI aMumifh MopaMw;vs? awmiftmz&du ESifh tar&duefwdkYrS ausmufrD;aoG;rsm; udk ydkrdk0,f,lom;&zG,f&Sdonf/ w½kwf G EdiirS 0,fvtm;usqif;vmcJvQiawmif k f H kd h f tdE,rS 0,fvtm;wufvmrIu aps;EIe;f ´d kd wufvmap&ef taMumif;&if;wpf&yfjzpf vmrnfjzpfonf/ odkYaomfvnf; EdkifiH ukefoG,fa&; vdaiGjyrIEifh aiGaMu;pepftm;enf;rItm; k S avsm yg;vmap&ef BudK ;yrf ; csuf tm; h taxmuf t ul jzpf a pvd r f h rnf r[kwf aMumif;vnf; od&onf/ jynfwi;f oHrPd G ukrPrsm;taejzifh t&nftaoG;aumif; Ü D rGefaom owåK½dkif;udk oabmusMuNyD; oH"mwfyg0ifrI &mcdkifEIef;rsm;vQif xkwf vkyEirtajctaevnf; ydraumif;rGef f kd f I k kd Ny;D ukwausmufr;D aoG;toHk;jyKrukvnf; f I d avsmusapaMumif; tdE,Edii owåK h ´d k f H wGi;f XmerS ajymMum;csut& od&onf/ f oH"mwf 64 &mcdiEef;ausmfyg0ifonfh k f I owåK½dki;f tm; t&nftaoG;jrifrm;onfh h tqifh[k owfrSwfaMumif;vnf; od& onf/
  • 16. REGIONAL BIZ 16 Myanmar Business Today December 19-25, 2013 Turns Away from Gas mostly full capacity, according to energy consultancy Wood Mackenzie. which turned to LNG imports to meet rising demand for power in locations far from its gasproducing regions, is constructas it seeks to curb overseas purchases of the expensive fuel. Indonesia, for decades one of the world's top LNG exporters but now facing declining outLNG import deal with deliveries to begin in 2018. Still, coal is set to remain the dominant fuel in Indonesia, the world's top exporter of thermal Southeast Asia' power sector will move away from gas to use more coal by the end of the decade, experts warn. Jacob Gronholt-Pedersen S outheast Asia's power sector will tilt away from gas to use more coal by the end of this decade, chipping away at gas as the region of more than 600 million people tries to cut costs to meet soaring electricity needs. due to come online this decade, this shift in consumption from a region long expected to be a key growth market could help take some of the heat out of rising Asian prices of the cleaner fuel. Gas prices in Asia are about in the United States, driven by demand for LNG from countries such as Japan and South Korea - whose nuclear power sectors are in crisis, and China, where stringent pollution control measures are driving a switch from dirtier coal. Demand for more coal could of the fuel by at least partially compensating for China's move to cleaner energy sources. Currently coal accounts for a third of Southeast Asia's energy mix and gas for 44 percent, with the bulk supplied by the region's own gas reserves, according to the International Energy Agency (IEA), which formulates energy policy for industrialised countries. "People in this region keep talking about green growth, but when I look at the numbers, the growth is not green. It is black as coal," said Fatih Birol, the IEA's chief economist. Power generation capacity in Southeast Asia is set to rise by 50 percent during the current decade, of which more than half the IEA said, indicating slow growth in LNG imports. seem to feel that the advantage of gas is being eroded by the higher price," said Fereidun Fesharaki, chairman of energy consultancy Facts Global Energy. Asian country to import LNG, is only using 30 percent of the 5 million tonne-per-year import terminal that it brought online in 2011 as high prices of the super-cooled fuel have quashed demand. Spot LNG prices LNG-AS have surged 85 percent in Asia since the Fukushima disaster in March 2011 shut Japan's nuclear reactors and forced it power is currently around twice in Asia, according to the IEA. New LNG supplies from Australia, North America and East Africa set to come online in the second half of the decade could help narrow this gap, but a rise in global LNG demand of around 7 percent a year until 2020 will still result in a tight market, analysts said. This should keep coal's cost advantage intact, undermining gas demand from Southeast Asian nations that are already saddled with expensive fuel subsidies and huge trade power stations to reignite demand and counter a drop in prices due to softer demand from China. Wealthy Singapore is the only outlier with a near total dependency on gas, and LNG sales from its terminal hitting 90 percent of its capacity following commissioning earlier in 2013. Thailand has plans to double the capacity of its LNG import terminal but is in no position to compete for supplies with utilities from Japan, which has deeper pockets and long-standing relationships with sellers. If planned terminals come online, Southeast Asia's capacity to import LNG could triple to nearly 50 million tonnes per year by 2018. But as long as the the outlook for the region's LNG demand will be bleak. Also, many Southeast Asian governments face less public opposition to burning dirty coal, with surging demand for power and budget constraints eclipsing attention on cleaner “People in this region keep talking about green growth, but when I look at the numbers, the growth is not green. It is black as coal.” Fifteen gigawatt of new gasity that will come online across Southeast Asia over the next power plants. Coal has slumped 30 percent over the time. while 20 gigawatt of new coal- air. "Coal is now making a sneak return," said Fesharaki from Facts Global Energy. "Sellers of LNG believe the buyers have no choice. But they do, it is coal. Myanmar Summary ta&SUawmiftm&S pGr;f tifu@tae jzifh ,ckq,fpkESpftukefwGif "mwfaiGU toHk;jyKrIxuf ausmufrD;aoG;toHk;jyK um pGrf;tifxwvyrukd ydrjdk yKvyom; k f k f I k k f G rnfjzpfaMumif; od&onf/ vQyppf"mwftm;vdtyfcsurm jrifwuf f k f S h vmcJhaomfvnf; "mwfaiGUaps;EIef;rsm; jrifhwufvmrIaMumifh ukefusp&dwfrsm; avQmcs&eftwGuf BuKd ;yrf;rI jyKvyaeMu h k f aMumif;vnf; od&onf/ ,ckq,fpEptwGi;f LNG toHk;jyK k S f pGr;f tifprue;f rsm; wd;k wufrsm;jym;vm D H d rIEitwl tqdkygtcsuu tm&Sa'o S hf f wGi;f aps;uGuzUHG NzKd ;vmrnfh t"dutcsuf f wpfckvnf;jzpfonf/ tm&S&Sd "mwfaiGU aps;EIef;rsm;rSm tar&duefEdkifiHESifh EdIif; ,SOfvQif ig;qrQ ydkrdkaps;jrifhrm;aeNyD; *syefESifh awmifudk&D;,m;wdkYrS LNG 0,fvtm;jrifrm;rIaMumifjh zpfum tqdk kd h yg ESpfEdkifiHtaejzifh EsL;uvD;,m;pGrf; tifu@ü vwfwavmtcsdeftwGif; vkyfief;tcuftcJrsm; &Sdaejcif;aMumifh jzpfaMumif; od&onf/ w½kwfEdkifiHtaejzifhvnf; ausmufrD; aoG;toHk;jyKrIaMumifh avxknpfnrf; jcif;jzpfay:rIuvnf; wif;Muyfpm xde;f kd G odrf;aeaMumif; od&onf/ ,ckvuf&SdtajctaewGif ausmufrD; aoG;toHk;jyKpr;f tifxwvyrrm ta&S U G k f k f I S awmif tm&S pGr;f tif xk wf vk yf rI oHk;yHkwpfyHkESifh "mwfaiGUtoHk;jyKrIrSm 44 &mcdkifEIef;&SdaMumif; tjynfjynfqdkif&m pGrf;tifat*sifpDrS tcsuftvufrsm; t& od&onf/ ta&SUawmiftm&Sa'otwGi;f ü obm0 ywf0ef;usifnpfEGrf;rIukd xdef;odrf;í oef&Si;f aom pGr;f tifavmifpm toHk;jyK Y rIudk jyKvkyf&ef ajymaeMuaomfvnf; pGrf;tifavmifpmtoHk;jyKrIudef;*Pef; rsm;udk Munfonftcg pGr;f tifxwvyf h h k f k rIw;kd wufvmrIEitwl obm0ywf0ef; S hf usinpfEr;f rIukd rxde;f odr;f Ediao;onf f G k f udk awGU&aMumif; tjynfjynfqdkif&m pGrf;tifat*sifpDrS pD;yGm;a&;ynm&Sif tBuD;tuJwpfO;D jzpfonfh Fatih Birol u ajymMum;cJhonf/ ta&SUawmiftm&S pGr;f tifxwvyf k f k rIyrmPrSm ,ckvuf&Sd q,fpEptwGi;f k S f 50 &mcdkifEIef;txd jrifhwufvmcJhNyD; tqdyg pGr;f tifxwvyrw;kd wufvmrI k k f k f I xuf0ufausmfcefYonf ausmufrD; aoG;oHk;pGrf;tifxkwfvkyfrIjzpfNyD; av;yHk wpfyHkrSm "mwfaiGUtoHk;jyKpGrf;tifxkwf vkyrjI zpfaMumif; tjynfjynfqi&mpGr;f f kd f tifat*sifpDrS ajymMum;cJhonf/ tm&Sypdzdwfa'orS Edkifitawmfrsm; H rsm;taejzifh "mwfaiGUtoHk;jyKrIrSm aps; EIef;ydkrdkjrifhrm;vmjcif;aMumifh "mwfaiGU toHk;jyKpGrf;tifxkwfvkyfrItay: pdwf 0ifpm;rI wpfpwpfpqkw,wvmaMumif; f k f od&onf/
  • 17. REGIONAL BIZ 17 Myanmar Business Today December 19-25, 2013 Lowers SE Asia Forecast percent. However, the ADB lowered estimates for Southeast Asia this year and in 2014, in the wake of a strong typhoon in the Philippines and political uncertainties in Thailand. The bank kept its growth forecast for developing Asia at 6 percent this year and 6.2 percent next year. Yasumasa Hisada T he Asian Development Bank (ADB) last week slightly raised its growth forecast for China this year and the next, aided by the impact of government reforms and better prospects for key trading partners. The Manila-based bank lifted its 2013 forecast for China to 7.7 percent, from 7.6 percent in October. It now sees 2014 growth at 7.5 percent rather than 7.4 Myanmar Summary tm&SzUHG NzKd ;wdk;wufa&;bPfonf vGecJh f onftywfu ,ckESpfESifh vmrnfhESpf h twGuf w½kwfEdkifiH zGHUNzdK;wdk;wufrI &m cefYrSef;csuftm; tenf;i,f wdk;jr§ifh vdkufNyD; tvm;tvm ydkrdkaumif;vm rnfhoabmyifjzpfaMumif; od&onf/ ,if;wdk;wufrIrsm;taejzifh tpdk;& jyKjyifajymif;vJrrsm;tusK;d oufa&muf I rIESifh t"duukefoG,fzufrsm;twGuf yd k r d k a umif ; rG e f o nfh tvm;tvmrsm; aMumifhjzpfaMumif; od&onf/ Heineken Becomes Top Shareholder in India’s United Breweries Buys 1.3 percent, raising stake to 38.7 percent T he Netherlands’ Heineken NV has become the largest shareholder of India’s United Breweries Ltd after its stake inched past that of liquor Mallya, who also owns Ltd, owed lenders about 60 billion rupees ($982.08 million) as of September. Last year, he sold a statement. “I call on the State Department to do everything within its authority to work to end this heinous practice, both in Burma and in Thailand.” Sek Wannamethee, a spokesman for Thailand’s Foreign Ministry, said the Rohingya issue was one of several the United States would take into consideration before deciding whether to downgrade or upgrade Thailand. “The United States will look at the overall progress of Thailand,” he said. “The focus is on persecution and convictions, and Thailand has made substantive progress.” The numbers suggest enforcement is losing steam. Nine people have been arrested in Thailand in relation to Rohingya-smuggling in 2013, includ- ul;olrsm;xH ydkYaqmifay;aom xdkif; Ed k i f i H vQKd U 0S u f p maqmif & G u f a om ay:vpDuvnf; xkwazmfcaMumif; od& kd f hJ onf/ jrefrmEdkifiHrSm aep&mrJh ½dk[if* smrsm; taejzifh xi;f Ediiawmifyi;f odYk ajymif;a&TU kd k f H kd cJhum rav;&Sm;ESif h e,fedrdwfcsif;xdpyf aeonfh 'ku©onfpcef;rsm;wGif ae& NyD; aqGr sKd;rsm;rS tcaMu;aiGay;í 'k u©o nf p cef ; rsm;wG i f ae&aMumif ; ? tcsKdUrSm ½duEuc&NyD; tcsKdUrSm towfcH k f S f H &aMumif; ½dkufwmrS azmfjycsuft& od&onf/ ,ck uJ h o k dY pG yf pGJ xkwf a zmf c suf tm; csufcsif;pHkprf;ppfaq;&ef vdktyfaMumif; ukvor*¾'ku©onfqdkif&mat*sifpDrS ajyma&;qdkcGifh&Sdol Vivian Tan u ajymMum;cJonf/'kuonfrsm;ESipyfvsO;f h © hf í ,m ,D t um tuG , f rsm; ay; &ef ? tMurf;zufrIrsm;udk umuG,fay;&efESifh tjynfht0BudK;yrf;aqmif&Guf&ef rdrdwdkY taejzifh EdkifiHrsm;tm; wdkufwGef;xm; from 67 the previous year, according to the 2013 TIP Report by the US State Department. Reuters Heineken, the world’s thirdlargest brewer, now owns 38.7 percent after buying 1.3 percent last week from Citicorp Finance India, showed data on the National Stock Exchange. Mallya owns 37.4 percent. United Breweries makes 0g&SifwefrSvnf; tqdkygudpö&yfESifh ywfoufí xdkif;rSwm0ef&Sdolrsm;tae jzifh ½dk[if*sm'ku©onfr sm;tm; vlukef ul;olrsm;vufoYkd a&mif;csrwif yg0ifae I G jcif;ESifh qufpyfonfh pGyfpGJc sufrsm;udk odjrifvmcJhaMumif; US State Department rS ajyma&;qdkcGifh&Sdol Marie Harf u ajymMum;cJhonf/ rdrdwdkYtaejzifh xdkif;tpdk;&tm; ,if; udpEiywfoufí tav;teufxm;Ny;D ö S hf &Sif;vif;pGm od&&eftwGuf pHkprf;rIrsm; jyKvkyf&ef wdkufwGef;xm;aMumif;vnf; ajymMum;cJhonf/ jzifh tdEd´,vkyfief;jzpfonfh United Breweries Ltd wGif Vijay Mallya &S,,mydiqiryrmPudk ausmvef f k f kd f I f G NyD; &S,f,mtrsm;qHk;ydkifqdkifxm;oljzpf vmcJh o nf / urÇm h w wd , tBuD; qH k; t a zsmf , r um vk yf ief ; jz pf onfh Heineken onf Citicorp Finance India rS &S,f,m 1.3 &mcdkifEIef;udk 0,f,lNyD;aemuf vkyfief;ydkifqdkifrI&mcdkif EIef; 38. &mcdkifEIef;txd &SdvmNyDjzpf 7 aMumif; National Stock Exchange rS tcsuftvufrsm;t& od&onf/ Vijay Mallya rS &S,f,m 37. 4 &mcdkifEIef;ydkifqdkifaMumif;vnf; od& onf onf/ United Breweries tdEd´,EdkifiH a&mif;tm;taumif;qHk; bD,mjzpfonfh udk xkwfvkyfovdk London Pilsner ESifh Kalyani Black Label wdkYudkvnf; xkwfvkyfaMumif; od&onf/ according to police data. None of the arrests has led to convictions, however. Thailand prosecuted 27 peo- Stephen Hird/Reuters biggest-selling beer, as well as London Pilsner and Kalyani Black Label. Heineken’s new shares had been pledged as collateral for a loan it extended to parent UB Group, which is controlled by Mallya, said a person with direct knowledge of the matter In Congress, Rep. Joe Pitts (R-Pennsylvania) urged the State Department to press both Myanmar and Thailand to act. “When a minority group is consistently denied human rights, we shouldn’t be surprised that they would become susceptible and fall prey to the vile crime of Ltd to British drinks maker Diageo PLC for $2.1 billion. In 2004, United Breweries with Scottish and Newcastle India Pvt Ltd, now owned by Heineken, to make and market a number of beverages. In 2009, it started to manufacture and distribute Heineken beer in India. Heineken spent 2.8 billion rupees on 3.5 million United Breweries shares at 772.9 rupees each, exchange data showed. Reuters Myanmar Summary e,fomvef Heineken NV tae
  • 18. INTERNATIONAL BIZ 18 Myanmar Business Today December 19-25, 2013 He said Adidas' social media campaign looked geared to "give the brand more cultural relevance beyond Europe .. and help protect the brand from any ambush stunts from Nike around the World Cup."Reuters Victoria Bryan W hen football teams battle for the World Cup in Brazil next into winning lost ground, but a company like Nike won't rest on its laurels," said Hans Allmendinger, head of marketing for German sporting goods retailer Sport2000. Adidas has for more than 40 years decorated soccer kit and shoes with its distinctive parallel lines logo. It has strong partnerships setting it up well for the coming challenge: a close relationship with German club Bayern Munich, of which it owns 9 percent, and with FIFA, soccer's world governing body, World Cup kit. Adidas has forecast record 2014 soccer sales of over 2 billion euros and aims to boost group sales to 17 billion euros ($23 billion) in 2015. US Nike, meanwhile, only entered the soccer market in 1994. But already it has several including English champions Manchester United. The owner of the distinctive 'swoosh' or tick logo, does not give forecasts for individual sport categories, but it is predicting group sales of up to $30 billion by 2015 - suggesting it strong performance during the World Cup to stretch its global lead over the German company - and maybe beat it at home too. of 2013, ended August 31, it sales in Europe. Over the same period, Adidas' European sales fell 7 percent. Adidas is pulling out all the stops to make its presence felt in Brazil, where Nike sponsors Myanmar Summary Reuters supremacy will be played out on the pitches - between Adidas and Nike. In the next round of their tussle to be the world's biggest sports brand there is everything to play for. Nike currently owns 14.6 percent of the global sporting goods market to Adidas' 11.4 percent, and is whittling away at the German brand's number one position in Europe. Adidas held 13.2 percent of the western European sporting goods market in 2012 to Nike's 12.4 percent, according to Euromonitor data. "It's not easy to evaluate (next year's) collections. Adidas is Sportswear giants Adidas and Nike will use next year's FIFA World Cup, hosted in Brazil, to continue their ongoing brand battle. the national team. Brazil have won the World country is a byword for stylish soccer, meaning there is a huge buzz around the tournament and Nike's designs. Adidas is aiming to make its presence felt with players like Lionel Messi and Mesut Ozil, who play for Adidas-sponsored national teams Argentina and Germany - and the launch of zuca" - on sale for $160 but free to Brazilians born on its launch day. Given the scale of the battle however it will also be using what is politely known as "ambush marketing." Soccer watchers cite as an early example in this year's World Cup campaigns the launch of a new soccer top for the Palmeiras club in the yellow, green and blue worn by the Brazil national team. feathers," said Berenberg Bank analyst John Guy. "They've certainly got a few tactical moves up their sleeves to consolidate their position against Nike and that's good to see." Klaus Jost, president of the world's largest sportswear retailer Intersport, said Nike's roster of top soccer players like Frenchman Franck Ribery and Portugal's Cristiano Ronaldo was one of the reasons for Nike's increasing sales in Europe. "It's much more about creating the right image," he told Reuters. "Stars like Ribery, Ronaldo and (Zlatan) Ibrahimovic have such an attraction that many kids want to copy them." Big name endorsements are also responsible for Nike's broader success. Retailers say the US brand has gained market share this year thanks to well designed, comfortable products such as the top-selling Nike Free trainer - and getting its performanceenhancing shoes on the feet of the biggest sports stars. Nike's impressive roster of sponsorship deals includes current names like soccer star Ronaldo, tennis player Roger Federer, golfers Tiger Woods and Rory McIlroy and legendary Lewis and Michael Johnson. "Nike has done a really good as the true brand for performance," Tammy Smulder, managing director at marketing consultancy SCB Partners, told Reuters. "Nike says, 'We will be associated with the top athletes, whatever the sport'. You can't dispute that," she added. Adidas chief executive Herbert Hainer said this week the group had made some mistakes, but added: "We believe we can grow the business by launching a lot of new innovative products. Our pipeline of new products is full." One of the ways Adidas is hoping to grow sales is by using the cushioning technology in its Boost running shoes for other categories such as basketball. That could enable it to increase sales of Boost shoes to 15 million pairs in 2015, after having only introduced the line earlier this year. It has signed big names in sports other than soccer in a bid to gain market share from Nike. But its partnership with U.S. basketball star Derrick Rose the court for months. The biggest challenge in the battle of the brands is to win the crown of cool - something designing a new product. At the moment, say market watchers and consultants, Nike seems to be stealing a march on Adidas thanks to early adoption of new technologies which it is then harnessing to a bigger social media presence. "They have a good hunch for a generation," Lea Simpson, strategy director at digital strategy agency TH_NK, told Reuters. now it's tech and sustainability." Nike has almost 2.5 million 570,000 for Adidas. It also has higher Facebook engagement rates, showing its fans interact better than Adidas fans with posted content. Its Nike+ Fuelband and other apps track training and can then post results on social media sites - a far more powerful demonstration of brand involvement than a Facebook 'like', Simpson said. Adidas CEO Hainer said this week that the company would shift "much more money" into digital and social media. Garth Farrar, global head of digital at Repucom, noted Adidas had already been producing more Vine clips, Facebook posts and tweets over the last months. vmrnfhESpfwGif b&mZD;wGif usi;f y jyKvkyfrnfh urÇmhzvm;NydKifyGJwGif EdkifiH toif;rsm;taejzifh tBudwte,f,ONf ydKif f S oGm;Murnfjzpfovdk Adidas ESifh Nike wdtaejzifvnf; ,SONf yKd iom;&rnftae kY h f G h txm;wGif&Sdaeonf/ vmrnfh,SOfNydKifrI taejzifh urÇmhtBuD;qHk;tm;upm;vkyf ief;trSwfwHqdyftjzpf &yfwnfEdkif&ef twGuf aps;uGufwGif tompD;&Edkif&ef ,SOfNydKifom;&rnfvnf;jzpfonf/ Nike G rS urÇmhtm;upm;ukefypönf;aps;uGuf wGif aps;uGuf&S,f,m 14.6 &mcdkifEIef; txd ydkifqdkifxm;NyD; Adidas rS 11. 4 &mcdi f Ee ;f aps;uGuf &S ,f,m&S d a eonf/ k I 2012 ckESpfü Oa&mytm;upm;ukeypönf; f aps;uGufwGif Adidas rS 13. &mcdkif 2 EIef;aps;uGuf&S,f,mydkifqdkifxm;ovdk Nike rS 12. &mcdiEe;aps;uGu&,,m 4 k f I f f S f ydkifqdkifxm;aMumif; Euromonitor rS tcsuftvufr sm;t& od&onf/ vmrnfEp tajctaeudk tuJjzwf h S f cefre;f &ef rvG,uaMumif;ESifh Adidas Y S f l taejzifhvnf; aps;uGufwGif jyefvnf tompD;&&eftwGuf tm;oGefcGefpdkuf BudK;yrf;aeovdk Nike taejzifhvnf; ravsmhaom BudK;yrf;rIrsm;jzifh aps;uGuf udk OD;aqmifEdkif&ef tNydKiftqdkif&Sdrnf jzpfaMumif; *smreftm;upm;ukefypönf; vufvDvkyfief; Sport 2000 aps;uGufydkif;qdkif&mtBuD;tuJ Hans Allmendinger u ajymMum;cJhonf/ Adidas rS 2014 ckESpfwGif abmvHk; tm;upm;ukefypönf;a&mif;cs&rIrsm;rS wpfqifh ,l½kd 2 bDv,txd &&SEi&ef D H d kd f arQmfrSef;xm;NyD; 2015 ckESpfwGif tm; upm;ukeypön;f rsm; a&mif;cs&rIukd ,l½dk f 17 bDvD,H (tar&duefa':vm 23 bDvD,H) txd wdk;wufvmEdkif&efvnf; BuH&G,fxm;onf/ Nike onf 1994 ckEprom abmvH;k tm;upm;ukeypön;f S f S f aps;uG uf okd Y a&muf &Sd vmaomf vnf ; t"duuvyftoif;BuD;rsm;ESifh yl;aygif; xm;NyD; y&D;rD;,m;vd*frS refcsufpwm ,lEuwufyg tygt0ifjzpfaMumif;vnf; kd f od&onf/ Adidas taejzifh tm*sifwD;em;ESifh *smreDEdkifiHtoif;rsm;udkvnf; pyGefqm ay;xm;NyD; rufqDESifh tdkaZ;wdkYuJhodkY abmvHk;tausmftarmfr sm; toif; trSwwqyukd ydratmifjrifausmMf um; f H d f k kd vmap&ef &nf&G,fxm;onf/
  • 19. INTERNATIONAL BIZ 19 Myanmar Business Today December 19-25, 2013 Karen Jacobs A an international network as well as domestic shuttle service for business passengers. The combination will enable the new American Airlines to combine the former American's international route map with US Airways' shuttle service, Kirby said. "We'll now eliminate that competitive advantage and both Delta and United competing for corporate customers," Kirby added. Carlo Allegri/Reuters merican Airlines Group, the world's biggest airline after AMR Corp’s merger with US Airways Group, intends to take advantage of its broad global network to win more corporate customers, the company's president said. American Airlines parent AMR Corp and US Airways sealed their $18 billion merger on Monday. Shares of the carrier are trading on Nasdaq under the symbol "AAL." "We will now have a network that can get customers everywhere they want to go. Because of that, we have more ability to compete for corporate customers," said Scott Kirby, the former president of US Airways who has that role at the new American. Corporate customers can spend three times as much as leisure travelers, making them a lucrative segment for airlines. Kirby said corporate accounts could bring in "hundreds of millions of dollars.” Kirby said New York was a prime example of an area where American could make corporate customer inroads and compete better with rivals such tage of its broad global network to win more corporate customers, the company's president said. At its Fort Worth, Texas, headquarters, American marked the merger completion with a ceremonial bell-ringing to open trading on Nasdaq. "American has a tremendous legacy and knows what it feels like to be the best," Chief Executive Doug Parker, who had held that title at US Airways, said. "The new American is about getting that feeling back." American Airlines, once the largest U.S. carrier, had fallen to third place behind United Continental Holdings and Delta, both of which used Chapter 11 to cut costs. For years, American's higher cost structure had put it at a disadvantage. "In order to compete sat- isfactorily with Delta and United, it needed the additional destinations and the additional frequency that US Air will bring it," Robert Crandall, the former AMR Corp CEO who attended the Dallas event at Parker's invitation, said in an interview. AMR declared bankruptcy in November 2011, citing high labor costs, and eventually reached cost-saving contracts with its three primary unions, including its pilots, after bitter negotiations. Parker reached agreements with American's biggest unions to secure their support for his merger pursuit. The new American Airlines Group has annual revenue of about $39 billion based on 2012 on both U.S. coasts and on North Atlantic routes, given American's revenue-sharing Airways and Iberia. The new carrier has hubs in Dallas-Fort Worth, Miami, New York, Chicago, Los Angeles, Phoenix, Washington, Philadelphia and Charlotte, North Carolina. Reuters Myanmar Summary AMR Corp onf US Airways Group ESifh vkyfief;yl;aygif;vdkufNyD; aemufwif American Airlines Group G onf urÇmhtBuD;qHk; avaMumif;vdkif; wpfckjzpfvmNyD; us,fjyefYvmaom av aMumif;uGef&ufr sm;rSwpfqifh azmuf onfr sm; ydkrdk&&Sdvmum vkyfief;tusKd; tjrwf ydkrdk&&Sdvm&eftwGuf BudK;yrf; oGm;rnfjzpfaMumif; ukrP Ouú|u Ü D ajymMum;cJhonf/ American Airlines rdcifurPD k Ü jzpfaom AMR Corp onf US Airways ESifh tar&duefa':vm 18 bDv,wefz;kd &Sonfh tusK;d wly;l aygif;rI D H d udk jyKvkyfcJhonf/ ,cktcg azmufonf rsm;oGm;vdonfh rnfonfae&mtwGuf k h rqdk avaMumif;uGef&ufr sm;&Sdvmawmh rnfjzpfaMumif;? xdkYaMumifh vkyfief;NydKif qdiEirpr;f &nfr sm;vnf; ydr&vmNyjD zpf k f kd f I G k kd dS aMumif; ,cif US Airways Ouú| jzpfNyD; ,ckavaMumif;vdif;twGuvnf; k f Ouú|jzpfol Scott Kirby u ajym Mum;cJhonf/ tjynfjynfqi&mavaMumif;uGe&uf kd f f rsm;ESifhtwl jynfwGif;pD;yGm;a&;vkyfief; rsm;twGuf c&D;oGm;ol r sm;tm; av aMumif;0efaqmifrIrsm;udk ay;aeaom Delta Air Lines uJhodkY ,SOfNydKifbuf rsm;udvnf; ydr,ONf yKd ivmEdipr;f &Svm k k kd S f k f G d rnf[k Kirby u ajymMum;cJhonf/ vk y f i ef ; yl; aygif; aqmif &Guf rI aMumif h avaMumif;vdkif;opftaejzifh yl;aygif; vkdufonfh vkyfief;ESpfck tm;omcsuf rsm;udk aygif;pyfí 0efaqmifrIr sm;ay; oGm;Edkifrnfjzpfum aps;uGuf,SOfNydKifrI wGifvnf; tajctaeaumif;vm&ef twGuf tcGifhtvrf;aumif;udk &&Sdrnf jzpfaMumif; Kirby u xyfavmif; ajymMum;cJhonf/ American Airlines onf ,cifu tar&d u ef a vaMumif ; aps;uG u f w G i f tBuD;qH;k avaMumif;vdi;f wpfcjk zpfcaomf k Jh vnf; United Continental Holdings ESifh Delta wdkYaemuf wwd,ae&m wGif &yfwnfc&onf/ toH;k p&dwjf rifrm;rI Jh h aMumifh vkyief;wGif qdk;usKd;oufa&muf f rIrsm; &SdcJhaMumif;vnf; od&onf/ UK’s Prudential Sets ‘Aggressive’ Growth Asia underlying free surplus cash target £900m to £1.1b Chris Vellacott B ritish life insurance group Prudential laid out an “aggressive” growth plan last week, targeting at least 10 billion pounds of cumulative cash generation by the end of 2017 driven primarily by demand from Asia’s wealthy middle classes. In a statement ahead of pres- entations to investors, Prudential said it expected 15 percent annual pretax IFRS operating Asian life and asset management business. The group said it was aiming for underlying free surplus cash generation in Asia of £900 million to £1.1 billion in 2017, compared with £484 million in 2012. “Our exposure to fast-growing sweet-spot markets, increasing demand for savings and protection products from a rapidly emerging and increasingly wealthy middle class, and our track record of execution underpin our two new 2017
  • 20. INVESTMENT & FINANCE 20 Myanmar Business Today December 19-25, 2013 Potential in Myanmar Christopher Tay u ajymMum;cJhonf/ Oliver Slow M alaysian jrefrmEdiitaejzif h tcGitvrf;aumif; kfH fh rsm; &&SEiaom yGivef;paps;uGuwpfck d kd f hf f jzpfNy;D Ediiom;tawmfrsm;rsm;taejzifh k f H xkwuetopfrsm;udk awGUxdvmEdi&ef f k f k f twGuf tcGifhtvrf;rsm;udk &&Sdvmrnf exporters milder, weaker ver- – are looking towards Myanmar to export their products as the country opens up from decades of self-imposed isolation. Speaking at Intrade Malaysia 2013, a trade event to promote Malaysian exports in Kuala Lumpur last month, exporters of the product said that they see opportunities within Myanmar as the country opens itself up “Myanmar is considered the last frontier, and it is likely that many of the citizens there have not had much opportunity to be exposed to new products,” he said, adding that there is also workers living in Malaysia, so they will likely be already exposed to Malaysian products. varying forms – Middle Eastern countries often have their own version - the Malaysian version a former British colonial town 200 kilometres north of Kuala Lumpur. Located in the lush Perak state, brewers began their own version in order to make a more &SdaeNyD; ta&SUtv,fydkif;a'o&Sd EdkifiH While Coffee trsKd;tpm;&SdNy; rav;&Sm; D Edii rlv White Coffee trsK;d tpm; k f H onf Ipoh NrKd UrSjzpfaMumif; od&onf/ Files its citizens look to diversify the range of products they consume. “We started to look [at exporting to Myanmar] about a year back,” said Christopher Tay, executive director of Bangi Kopitiam, a Malaysian company which brews its own White Coffee taejzif h yHptrsK;rsK; k H d d White Coffee originated in the town of Ipoh, which is located in the lush Perak State. has evolved and people have become more and more use also expressed an interest in expanding their product into the Myanmar market. “We are looking to expanding our operations across all over Asia at the moment and see particular interest in exporting our product to Myanmar, where we said Farah Ain, a representative from South Street, who produce their Kopi Putih Ipoh brand at their factory in Seremban, south of Kuala Lumpur. Ain added that while South Street was looking at expanding their operations into Myanmar, they were still looking for a distribu- tor within the country. Representatives from Old Ipoh also expressed an interest in exporting their products to Myanmar, although admitted that they were not ready to begin straightaway. Tay said that in the future, he saw further opportunities to expand their business operations within Myanmar. Adding diversity to their product range, Bangi Kopitiam have added believes that it is a product that is popular across all of Asia, due to the migration of citizens across the region. “Countries like Vietnam and Indonesia have long been tradicause of that, local people have said. “In Malaysia, we attracted a lot of migrants from these when they arrived here, many were often poor. While they had to produce it using much simpler and cheaper techniques – often which involved diluting it. Over time, that technique Myanmar Summary rav;&Sm;EdiirS White Coffee wifyYkd k f H xkwfukefrsm;udk wifydkYoGm;Edkif&ef tcGifh tvrf; &SmazGaeMuaMumif; od&onf/ vGef cJ h onfh vu uGmvmvrf yl wGif usif;yjyKvkyfcJhaom rav;&Sm;EdkifiH yduejf riwifa&;tpDtpOfwpfcjk zpfonfh Yk k § hf Intrade Malaysia 2013 wGif White Ykd l k f Coffee wifyorsm;taejzif h jrefrmEdiiH added sugar and a Durian White particular reporter struggled very much to keep down - and well across the region. “For Durian, you either love it or hate it. I can see that you hate at a lower temperature than the is roasted in margarine, giving it a brown tint. it, but many people across Asia love it,” he said. &eftwGuf tcGifhtvrf;aumif;rsm;udk jrifaMumif; ajymMum;cJhonf/ jrefrmEdiiokYd wify&eftwGuf vGecJh k f H kYd f onfh wpfEpcefavmufyif pwifí aps; S f Y uGuavhvmoH;k oyfrjI yKcaMumif; Bangi f hJ Kopitiam rS trIaqmif'g½dkufwm Myanmar Summary Insurance industry specialist Eamonn Flanagan at Shore Capital Stockbrokers said appear pretty stretching and aggressive” but added: “To us, they are a sign of the drive and determination of the group’s management to deliver real value for shareholders.” The insurer’s targeted £10 billion of cash generation over the next four years equals a third of its overall worth on the basis of current share prices, Thiam noted. The new goals come as the group approaches growth targets set in 2010 following a failed bid to buy Asian rival AIA. Thiam said Prudential was on in spite of disruption caused by He also said that beyond 2017, the group would seek investments in new markets that can emulate Asian characteristics such as young populations and an expanding middle class but are as yet untapped by the industry. Thiam said the group was exploring the possibility of setting up in Saudi Arabia and had already made initial investments in Cambodia, Myanmar, Poland and Ghana. “Our overall scale and the core skills we have developed in Asia enable us to develop new markets at low opportunity cost,” Thiam said. Reuters ,lau touftmrcHvyief;jzpfonfh kf 2017 ckESpfwGif tenf;qHk; aiGom;csnf; aygif 10 bDvD,HcefY vkyfief;rS &&Sd&ef vkyfief; wd k ; wuf zUHG Nzd K ;a&;tpD t pOf w pf & yf u d k vGeconftywfu csrwcaMumif; od& f Jh h S f hJ NyD; tm&Scsrf;om<u,f0aom vlvwf wef;pm;rsm;aMumifh vkyfief;udk t"du wdk;wufvmEdkif&ef arQmfrSef;xm;aMumif; od&onf/ &if;ESD;jr§KyfESHolrsm;tm; wifjytoday; rIwGif Prudential 2017 wGif tm&S touftmrcHESifh "eOpömpDrcefcrvyief;rsm;ü 0ifaiGrm H Y JG I k f S 15 &mcdiEef;wdk;wufvmEdi&ef arQmvifh k f I k f f xm;aMumif; ajymMum;cJonf/ tm&Swif h G aiGom;csnf; ydkvQH&&SdvmrIudk 2017 wGif aygif 900 rDvD,HrS 1. bDvD,H 1 txd &&S&ef arQmre;f xm;Ny;D 2012 ckEpf d f S S Prudential onf aumf zD B udKuf ESpf ouf ol rsm;taejzif h ,if;aumfzDrSm t&omyg0ifrI enf;yg; jcif;aMumifh BuKd uEpoufz,&vrrnf f S f G f dS d hf r[kwfMuaMumif;ESifh tqdkygaumfzDrSm tm&Swpf0ef;wGif ausmfMum;aom xkwf ukewpfrsK;d jzpfNy;D tm&Sa'otwGi;f EdiiH f k f om;rsm; ajymif;a&TUaexdiraMumifh aumfzD k f I rSm a'owGif;ü vlodrsm;vmjcif;jzpf aMumif; Tay u ajymMum;cJhonf/ AD,uferfEiiEif h tif'e;D &Sm;EdiiuoYkd kd f H S kd k f H hJ EdkifiHrsm;wGif tpOftvmt& aumfzD pduysK;d onfEiirsm;jzpfNy;D tqdygtcsuf k f h kd f H k aMumifh jynfwGif;aexdkifolrsm;taejzifh aumfztm; aomufok;H cHpm;EdicJaMumif;? D k f h rav;&Sm;EdkifiHwGif aumfzDpdkufysKd;onfh EdkifiHrsm;rS ajymif;a&TUaexdkifvmolrsm; vmcsewif vltawmfrsm;rsm;rSm qif;&J d f G EGrf;yg;MuaMumif; Tay u ajymMum;cJh onf/ tqdkygqif;&JEGrf;yg;olrsm;taejzifh aumfzDaomufoHk;vdkonfhtcg ½dk;&Sif;NyD; aps;oufomaom enf;ynmrsm;tm; toHk;jyKcJh&aMumif; ? tcsdefMumvmonf ESifhtrQ enf;ynmrsm;rSm wpfpwpfp zGHUNzKd ;vmNyD; vltawmfrsm;rsm;rSmvnf; ydkrorarGUnufanmaom White Coffee kd d f rsm;tm; ydrtoHk;jyKvmMuaMumif; Tay k kd u xyfavmif;ajymMum;cJhonf/ wGif aygif 484 rDvD,H &&SdcJhaMumif; od&onf/ aps; uG u f wd k ; wuf zGH U NzdK ; vmrI wif G pk aqmif; rI r sm ;ES i fh tumtuG ,f r sm; twGuf tmrcHrsm; ydkrdkxm;&SdrI jrifhwuf vmrIr sm;ESifh csrf;om<u,f0vmaom vlvwfwef;pm;ta&twGuf wdk ;wuf vmrIaMumifhjzpfaMumif; od&onf/ ,ck uJhodkY arQmfrSef;csufrSm vGefpGmjrifhrm; aeaomfvnf; &S,f,m&Sifrsm;twGuf trSefwu,ftusKd;jzpfxGef;vmEdkifrnfh v u © P m r sm ; & S d a M u m i f ; v n f ; od&onf/ Prudential tmrcHvkyfief;BuD;tae jzifh vmrnfhav;ESpfausmftwGif; aiG om; aygif 10 bDvD,Htxd &&Sdvm&ef arQmref;xm;Ny;D tqdygyrmPrSm vuf&dS f S k wpfcvk;H wefzkd; oHk;yHkwpfytxd &Sae k kH d aMumif; od&onf/
  • 21. INVESTMENT & FINANCE 21 Myanmar Business Today December 19-25, 2013 Protect Yourself at the ATM David Mayes I n today’s world we are increasingly relying on technology in new areas of seeing ATM machines installed in more and more places, most of us are very ecstatic at how convenient it is to be able to have not yet taken preventative measures against skimming. The skimming scammers tend the industry here grows it is not likely to go unnoticed. Skimming is basically a blanket term to refer to one of many ways that criminals access your bank account by copying your card data, obtaining your password, and then creating a fake card to drain your account by accessing various ATM machines to draw out the password. help protect yourself is easy, you simply cover up the keypad with your free hand while entering your password. This way even if they can copy your card, if they haven’t gotten the password they still cannot draw any money out. I take things one step further because I like to make sure in the worst case scenario I am Soe Zeya Tun/Reuters around stacks of hundred dollar bills. While this is likely the beginning of the end of your worries that your money is now worthless in country because you somehow accidentally allowed a small crease to form in one corner of the bill, the modern practice of skimming is now more likely to cause you a much bigger headache if you get caught unaware by this scam. While this problem has yet to largely spread to Myanmar as far as I am aware, foreign criminals have been targeting many of the other countries in the region. It is only likely a matter of time before they show up and your money. It usually involves the crooks installing electronic devices to the ATM machine to copy the info on the card when it is inserted. Next they install a hidden camera somewhere to A man uses an automated teller machine (ATM) machine at a shopping centre in Yangon. up one bank account which is ing your ATM skimmed is still and I only transfer about one month’s worth of discretionary spending cash into this account at a time. This way if you still manage to fall victim to skimming somehow, it is not your life savings they can damage. However, I still like to have emergency access to some more cash, so I have one ATM card which I never use linked to an the old fashioned gun in the face method criminals used to use, my guess is most of you out there would probably prefer to avoid both. With a few simple steps and forethought it is actually quite easy to protect yourself, so don’t wait until it’s too late. David Mayes MBA provides wealth management services to expatriates throughout Southeast Asia, focusing on UK pension transfers. He can be reached at david.m@ Faramond UK is regulated by the FCA and provides advice on taxation and pensions. cash in it. In the event you ever need to use this card, you simply call the bank as soon as possible after using it and request a pin change. Unfortunately in today’s tween giving yourself convenient or even emergency access to your money and opening yourself up to the new modern forms of robbery. While hav- Myanmar Summary ,aeYurÇmwGif vlwdkif;eD;yg;taejzifh enf;ynmtay: rSDcdkae&rItajctae rSm ydrwkd;wufvmNy;D touf&iaexdirI k kd S f k f b0wGif enf;ynmrSm vGepmrS ta&;yg f G vmonf/ jrefrmEdkifiHwGif atwDtrf pufBuD;rsm;tm; wyfqifí 0efaqmifrI rsm;tm; ae&mtawmfrm;rsm;wGif ydray; s k kd vmEdkifrnfjzpfonfhtwGuf aiGaMu;t rsm;tjym;udk o,faqmifp&mrvdkbJ atwDtrfuwfjzifhtqifajyacsm arGU pGm tvG,fwul aiGaMu;oHk;pGJvmEdkif rnfjzpfonf/ xdkodkY aumif;usKd;rsm;pGmjzpfxGef;vm aomfvnf; wpfzufwivnf; owdxm; G f &rnfh tEÅ&m,f&Sdaeonf/ tqifhjrifh skimming enf;ynmoHk;pGJrIrsm;tae jzif h atwDtrfokH;pGorsm;taejzif h owd J l rrlbJ atwDtrfuwfr sm;udk toHk;jyKcJh rnfqdk acgif;udkufp&mtaMumif;w&m; rsm; jzpfvmEdkifzG,f&Sdaeonf/ tqdk ygjyóemrSm jref r mEd k i fiH wGif us,fus,fjyefYjyefYjzpfyGm;rvmao;aomf vnf; tjcm;EdkifiHrsm;wGif awGUBuHK&avh &SdaMumif; od&onf/ atwDtrfuwf oHk;pGJolr sm;taejzifh atwDtrfpufrsm; rS aiGxkwf,lrIjyKvkyfaomtcg rorm olrsm;taejzif h zGuu,xm;aom AD',kd f G f D uifr&mjzifh atwDtrfuwfoHk;pGJolr sm; Password udk cdk;0Suf½dkuful;xm; EdkifNyD; atwDtrfuwftwkudk jyKvkyf um aiGr sm;udk cd;k xkw,rrsm; jyKvyjf cif; f l I k cH&Edkifonf/ xdkodkYjyKvkyfolr sm;taejzifh toHk;jyK olr sm; uwftcsuftvufr sm;udk yGm; &NyD ; xd k u wf t csuf t vuf r sm;tm; password tm; &,ljcif;jzifh od&Sd&,l Edkifonf/xkdYaemuf uwftwludk jyKvkyf um atwDtrfpufrsm;rS aiGrsm;udk trf u wf r sm ; toHk; jyKol r sm;taejzif h password rsm; ½dkufxnfh&mwGif zGuf uG,fxm;aom uifr&mrsm;udk toHk;jyK um password tm; cdk;,laMumif; od&onf/
  • 22. INVESTMENT & FINANCE December 19-25, 2013 Pakistan Keen for Myanmar Exports Speaking at the event, Nisar urged Myanmar exporters to enhance their exports to Pakistan, which holds a huge middle-class potential for Myanmar’s consumer goods. “It is high time to explore the possibilities which will certainly prove tries,” he said. Myanmar Summary Files ygupöwefrS trIaqmifrsm;u jrefrmEdii ydkuewifyorsm;tm; k f H Y k f Yk d l odYk wifyjYkd zefjY zL;oGm;&ef wduwe;f k f G cJhaMumif; od&onf/ their products to the country. Oliver Slow P have urged Myanmar exporters to begin looking at distributing their products to the country, due to the Representatives from the Karachi Chambers of Commerce and Industry (KCCI) met with Myanmar’s Ambassador in Pakistan San Myint Oo, last week to exchange views on a range of areas. The meeting was attended, on the Pakistani side, by Abdullah Zaik, KCCI vice chairman of BusiA Malik, senior vice president of KCCI and other management committee members. Speaking at the meeting, San Myint Oo highlighted the overall export and im- port performances of Myanmar to various countries around the world, pointing out that Myanmar was currently a huge exporter of products such as rice, corns, vegetables and other edible products which can also be exported to Pakistan. Inviting the Pakistan business community to invest in Myanmar’s growing economy, he spoke of the huge potential on population does not have access to mobile phones, an area where Pakistan is traditionally strong. Pakistan exported $8.21 million of goods to Myanmar, an increase from $5.21 million a year previously, while Pakistani import from Myanmar dropped from $570,000 in 2011-2012 to $280,000 in 2012-2013, Zaki said at the event. “Trade balance remains in favour of Pakistan, thus both countries need trade volume in the coming years,” he said. Zaki added that he is of the view that Myanmar and Pakistan hold sigpotential in a number of areas that, if traded, could substantially boost bilateral trade relations. “We believe that bolstering bilateral relations and economic activities could help countries speedily grow and prosper on a sustainable basis,” he added. He stressed the need for an exchanging of trade delegations, individual visits for businessmen and facilities. Karachi Chambers of Commerce and Industry (KCCI) ESifh ygupöwef&Sd jrefrm oHtrwf OD;pef;jrifO;D wdrS awGUqHk h Yk aqG;aEG; cJh MuNyD; ygupö wef rS KCCI Ouú| Abdullah Zaik ? pD;yGm;a&;vkyfief;&Sifr sm; tzGJUrS 'kwd,Ouú| Anjum Nisar , KCCI rS tBuD;wef; 'kw,Ouú| Muffasar A Malik d ESifh tjcm;pDrcefca&;aumfrwD0if H Y JG rsm;vnf; wufa&mufcMJh uaMumif; od&onf/ tqd k yg awG U qHk aqG ; aEG;yGJ ü OD;pef;jrifO;D u jrefrmEdiirS urÇm h k f H wpf0ef;&Sd EdkifiHrsm;odkY ydkYukef wifydkYrIESifh oGif;ukefwifoGif;rI tajctaersm;udk ajymMum;cJhNyD; jrefrmEdkifiHtaejzifh ,ckvuf&Sd wGif qef ? ajymif; ? [if;oD; [if; &Gur sm;ESif h tjcm;pm;oH;k ukersm; f f udk trsm;tjym; wifydkYaeNyD; ygupöwefovnf; wifydEionfh Ykd Yk kd f taetxm;wG i f &S daeaMumif; ajymMum;cJhonf/ 22 Myanmar Business Today Japan International Cooperation Agency (JICA) Development Assistance (ODA) to Myanmar in June. Of the ¥51.05 billion loan, ¥20 billion is for development of infrastructure in Thilawa SEZ and ¥14.05 stations in Yangon. With 121 companies already investing in Myanmar, the Japanese investment in the country reached $273.42 million as of July, making it 11th in Myanmar’s foreign investment line-up. Myanmar Summary jrefrmEdiitaejzif h Edii tBu;D rm;qHk;pD;yGm;a&;Zkewpfcjk zpfvmrnfh k f H k f H f oDv0gtxl;pD;yGm;a&;Zkeftaumiftxnfazmfaqmif&GufrIyxrt qifhudk pwifcJhNyD jzpfaMumif; od&onf/ pDrue;f yxrtqifwif pDrue;f wpfcv;kH tus,t0ef;2400[uf H d h G H d k f wmwGif 400 [ufwmtm; toHk;jyKoGm;rnfjzpfaMumif; od&onf/ pufrIZkeftm;tusKd;wlyl;aygif;wnfaqmufrItm;w&m;0ifzJBudK; jzwfzGifhyGJ?yEéuputcrf;tem;ESitwlpwifcNhJ yjD zpfaMumif;vnf;od& f kd f fh onf/ *syefEdkifiHrSukefoG,frIvkyfief;BuD;oHk;ck?jrefrmtpdk;&ESifhjynfwGif; ukrÜPD 9 ck yg0ifonfh pD;yGm;a&;tiftm;pkBuD; jzpfaom MyanmarJapan Thilawa Development Co Ltd onf pDrHudef;tmaqmif &Guom;rnfjzpfNy;D vrf;rsm;? a&qd;k pepfxe;f odr;f rIypön;f rsm;ESifh tjcm;t f G d ajccHtaqmuf ttHk rsm;udk vnf; aqmif&uom;&ef pDpOfxm;aMumif; G f G od&onf/ ,if;pDrHudef;wGifpuf½Hkrsm;? tqif hjrifenf;ynmvkyief;rsm;?txnf h f tvdyvkyfief;rsm;? um,vkyftm;oHk;vkyfief;rsm;ESifhukefxkwfvkyfrI f vkyfief;rsm;vnf; yg0ifaMumif; od&onf/ pDrHudef;tm;aqmif&Gufrnfh pD;yGm;a&;tiftm;pkBuD;wGif*syefEdkiirS f H Mitsubishi Corp, Marubeni Corp ESifh Sumitomo Corp wkdvnf; yg0ifNyD; vkyfief;&S,f,m 49 &mcdkifEIef;txd ydkifqdkifum Y &if;ESD;jr§KyfESHaiG tar&duef a':vm 100 rDv,txd toHk;jyKom; D H G rnfjzpfonf/
  • 23. 23 INVESTMENT & FINANCE Myanmar Business Today December 19-25, 2013 Myanmar to Allow Foreign Banks to Begin Some Operations Next Year nomic development by providing access to muchcorporate clients, according to Khwima Nthara, a senior country economist with the World Bank. “I do not doubt the government appreciates the role that foreign banks can Limited Role Nthara added that authorities are right to move slowly in opening up the banking sector. Strictly limiting the role of foreign banks could help insulate the economy Thailand's Siam Commercial Bank's (SCB) representative branch on Kabar Aye Pagoda road in Yangon. Aung Hla Tun and Jared Ferrie M yanmar allow foreign will some banks year, a senior central bank east Asian country slowly opens up its banking sector following a series of economic and political reforms. Thirty-four international banks have repcountry, but they have thus far been forbidden from opening branches than advising clients. According to a decades-old plan, the government will eventually allow them with local banks before allowing them to open independent branches. the central bank is now formulating a plan to speed up the process by letting a select number of foreign banks begin operating in 2014 in “certain areas of banking services”, “Since things have changed rapidly with the passage of time, we something laid down about 20 years ago if we really want to carry out meaningful reforms,” he said, requesting anonymity because he was not authorised to speak to media. ties have yet to decide how they would chose among the foreign banks with which include Standard Chartered, Bangkok Bank, Siam Commercial Bank and Australia and New Zealand Banking Group. Foreign involvement would help reform the antiquated banking system in Myanmar, Asia’s second-poorest country after Afghanistan, which has been looking to attract foreign investment since a quasi-civilian 2011 after half a century of military rule. Foreign banks could - crisis that could see them withdraw capital, and it would allow the domestic sector to develop without being swallowed up by the internationals, he said. “The question is really how best to have them involved so you increase availability of credit, of local banks’ capacity is strengthened,” he said. Zaw Lin Htut, deputy manager of Myanmar’s biggest private bank, Kanbawza Bank Ltd, said he had not yet heard of the plan to allow some foreign banks to begin operating next year, but he welcomed the idea. “Foreign clients need funding and it’s not a small amount to invest in Myanmar,” he said. “As domestic banks, we cannot fund too many corporate customers.” He added that domestic learning about corporate investment from the international banks. “Corporate clients need local banks as well,” said Zaw Lin Htut. “I’m sure we can work together in the future.” Myanmar’s banking sector was crippled by decades of mismanagement under military regimes the global economy due to western sanctions. The European Union, Australia and other countries have lifted sanctions in response to widespread political and economic reforms. The United States has eased sanctions and the Treasury Department issued a general license to Myanma Economic Bank, Myanma Investment and Commercial Bank, Asia Green Development Bank and Ayeyarwady Bank. A general licence eases restrictions and lets the banks deal with US citizens and companies, but leaves sanctions laws on the books, giving Washington leverage should Myanmar start to backslide on reforms. The World Bank is advising the governand country manager Kanthan Shankar told Reuters in October that a draft of the new banking law would be completed by the end of this month. Reuters Myanmar Summary jrefrmEdkifiHtaejzifh vmrnfh ESpftwGif; tcsKdUEdkifiHjcm;bPf rsm ; tm; b @m a& ; qdk if &m 0efaqmifrrsm;tm;tueftowf I Y jzifh aqmif&uom;Edi&eftwGuf G f G k f cGifhjyKay;oGm;rnf[k A[dkbPfrS tBuD;wef;trIaqmifwpfOD;u ajymMum;cJhonf/ jrefrmEdkifiHtaejzifh pD;yGm;a&; ESifh EdkifiHa&;jyKjyifajymif;vJrIr sm; jyKvkyfcJhNyD;aemufwGif qufwdkuf qdkovdk bPfvkyfief;u@udk vnf; wjznf;jznf;csif; jyKjyif ajymif; vJ rI jyKvky f vmcJh onf/ jrefrmEdkifiHwGif tjynfjynfqdkif &mbPf 34 ck udk,fpm;vS,f ½Hk;cGJrsm;&Sdaeonf/ odkYaomfvnf; bPfcGJr sm;wnfaxmifrIESifh 0ef aqmifrIrsm;tm; ydwfyifxm;cJh jynf qif &m bPf B uD ; rsm;tm; kd rsm;tm; zGifhvSpf&ef cGifhrjyKrD jynfwGif;bPfr sm;ESifh tusKd;wl yl;aygif;zGJUpnf;rIrsm;udk wjznf; jznf ; cG i f h j yKvmvd r f h r nf j zpf NyD; a&&SnftpDtpOfwpf&yft&jzpf aMumif;vnf; od&onf/ tBuD;wef;trIaqmif ajym Mum;csuft& A[dkbPftaejzifh ,cktcg vkyfief;pOftm; ydkrdk t&Sdefjrefvmap&eftwGuf tpD tpOf w pf & yf ukd xk w f a zmf a e aMumif;vnf; od&onf/ 2014 ckESpfwGif bPfvkyfief; tcsKdU u@rsm;ü 0efaqmifrIrsm;tm; a&G;cs,fowfrSwfxm;aom EdkifiH jcm;bPfrsm;taejzif h pwifvkyf u ajymMum;cJonf/ h
  • 24. 24 Myanmar Business Today December 19-25, 2013 Flights from Yangon (RGN) to Bangkok (BKK) g s o g N Flight No. PG 706 DD4231 FD2752 8M335 TG304 PG702 Y5-237 TG302 PG703 8M331 FD2754 PG704 TG306 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 Days s 3 4 5 3 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 6 7 7 6 7 6 7 6 7 6 7 6 7 6 7 6 7 6 7 6 7 6 7 6 7 From RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN To BKK DMK DMK BKK BKK BKK BKK BKK BKK BKK DMK BKK BKK ETD 7:15 8:00 8:30 8:40 9:50 10:45 18:05 14:45 15:20 16:30 17:50 18:25 19:40 ETA 9:30 9:45 10:15 10:25 11:45 12:40 19:50 16:40 17:15 18:15 19:35 20:20 21:35 Flights from Bangkok (BKK) to Yangon (RGN) g s o g K a Operated by: Bangkok Airways NOK Airlines Thai AirAsia MAI Thai Airways Bangkok Airways Golden Myanmar Airlines Thai Airways Bangkok Airways MAI Thai AirAsia Bangkok Airways Thai Airways Flight No. DD4230 8M336 FD2751 TG303 PG701 FD2755 PG707 Y5-238 FD2753 PG703 TG305 8M332 PG705 Flights from Yangon (RGN) to Chiang Mai (CNX) g s o o ) a i W9-9607 4 7 RGN CNX 14:50 Days s 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 3 4 5 1 1 2 3 4 5 1 2 3 4 5 1 3 4 5 5 1 2 3 4 5 1 2 3 4 5 6 6 6 6 6 6 6 7 7 7 7 7 6 7 RGN RGN RGN RGN RGN RGN RGN RGN RGN SIN SIN SIN SIN SIN SIN SIN SIN SIN 10:10 0:25 8:30 10:25 11:30 13:45 15:10 17:10 16:40 14:40 5;00 13:00 14:45 16:05 18:15 19:35 21:35 21:15 Air Bagan W9-9608 Golden Myanmar Airlines SilkAir MAI Singapore Airline Jetstar Asia MAI TigerAir TigerAir SilkAir Y5-234 SQ998 8M6231/3K585 8M232 MI518 8M235 TR2826 TR2826 MI520 1 2 3 4 5 6 7 1 2 3 4 5 6 7 1 2 3 4 5 6 7 VN956 1 RGN RGN RGN KUL KUL KUL 8:30 8:55 12:15 12:50 12:55 16:30 4 1 1 1 1 1 2 3 4 2 3 4 3 4 2 3 4 2 3 4 5 6 7 RGN HAN 19:10 2 4 7 RGN SGN 14:25 1 2 3 4 5 6 2 5 6 RGN RGN TPE TPE 10:50 11:35 2 3 4 6 7 1 2 3 4 5 6 7 3 6 RGN RGN RGN KMG KMG KMG 14:15 14:40 12:20 2 3 4 6 7 RGN BJS 14:15 Days s 3 From RGN 6 To NNG ETD 12:20 1 2 4 6 RGN HKG 1:10 VN957 1 17:10 2 4 7 3 6 1 5 RGN RGN RGN CAN CAN CAN 8:40 11:20 17:40 VN943 3 2 China Airline EVA Air CI7915 BR287 Days s 1 8M 601 AI234 1 1 NH914 1 From RGN RGN 5 5 To CCU CCU ETD 18:45 13:40 Air China China Eastern China Eastern (via NNG) CA905 MU2031 MU2011 5 6 5 RGN RGN GAY GAY 10:30 13:40 6 RGN NRT 22:00 21:55 CA905 1 3 4 5 7 7 QR619 1 2 3 4 5 6 7 RGN RGN ICN ICN 0:05 0:50 DOH 8:00 ETA 16:25 Operated by: China Eastern Flight No. MU2011 5:35 6T211 Days s 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 KA250 MAI China Southern Airline China Southern Airline CZ3055 8M712 CZ3055 ETA 19:45 16:55 6 7 Days s 3 1 SIN SIN SIN SIN SIN SIN SIN SIN SIN KUL KUL KUL HAN SGN TPE TPE KMG KMG KMG BJS From NNG 6 3 5 3 2 7 6 4 1 Operated by: Air India Air India (via GAY) Flight No. AI227 AI233 MAI Air India 8M 602 AI233 1 RGN RGN RGN RGN RGN RGN RGN RGN RGN 15:35 7:55 9:10 14:10 14:20 19:15 13:00 15:00 22:10 17:05 9:20 10:40 15:40 15:45 20:45 14:30 16:30 23:35 Golden Myanmar Airlines Singapore Airline Jetstar Asia MAI SilkAir MAI TigerAir TigerAir SilkAir RGN RGN RGN 6:55 10:05 14:00 8:00 11:15 15:00 AirAsia Malaysia Airlines MAI RGN 16:35 18:10 Vietnam Airlines RGN 11:40 13:25 Vietnam Airlines RGN RGN 7:15 7:30 10:05 10:35 China Airline EVA Air RGN RGN RGN 12:40 13:30 8:25 13:15 14:00 11:30 Air China China Eastern China Eastern (via NNG) RGN 8:05 13:15 Air China (via KMG) To RGN ETD 10:15 ETA 11:30 Operated by: China Eastern HKG RGN 21:50 23:45 Dragon Air 7 5 CAN CAN CAN RGN RGN RGN 8:40 14:15 14:45 10:30 15:45 16:35 China Southern Airlines MAI China Southern Airlines Days s ALL NIPPON Airways NH913 1 1 From CCU CCU 5 5 To RGN RGN ETD 10:35 13:30 ETA 13:20 18:00 Operated by: Air India Air India (via GAY) Flights from Gaya (GAY) to Yangon (RGN) g s y n G 11:50 15:00 3 5 6 5 GAY GAY RGN RGN 12:50 15:00 16:00 18:00 MAI Air India Flights from Tokyo (NRT) to Yangon (RGN) i t r k T a R 3 6 NRT RGN 11:10 17:05 ALL NIPPON Airways Flights from Seoul (ICN) to Yangon (RGN) g s o ) n G 8:00 8:50 Korean Air Asiana KE471 OZ4753 Qatar Airways QR618 1 23 4 5 6 7 3 6 ICN ICN RGN RGN 18:40 19:30 22:55 23:40 Korean Air Asiana Flights from Doha (DOH) to Yangon (RGN) t r h R 11:45 ETD 7:30 13:00 16:30 8:00 15:30 ETA 8:30 14:00 17:30 9:00 16:30 Operated by: FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter Flight No. FMI-A2 FMI-B2 FMI-C2 FMI-A2 FMI-A2 7 RGN NYT 15:30 16:25 Air Mandalay 6T212 Flights from Yangon (RGN) to Mandalay (MDY) i t r o n Golden Myanmar Airlines Yangon Airways Yangon Airways Yangon Airways Yangon Airways Air Bagan Air KBZ Asian Wings 1 2 3 4 5 6 7 DOH RGN 21:05 06:29+1 Qatar Airways Flights from Nay Pyi Taw (NYT) to Yangon (RGN) lg s o y N n To NYT NYT NYT NYT NYT Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 YH 909 2 4 6 7 RGN MDY 6:30 8:10 YH 917 1 2 3 4 5 6 7 RGN MDY 6:10 8:30 YH 727 1 5 RGN MDY 11:15 13:25 YH 731 1 2 3 4 5 6 7 RGN MDY 15:00 17:10 W9 501 1 2 3 4 RGN MDY 6:00 7:25 K7 222 1 2 3 4 5 6 7 RGN MDY 6:30 8:40 YJ 201 1 2 3 4 5 6 7 RGN MDY 11:30 12:55 e a 3 d s a y u Days - (1) Monday (2) Tuesday (3) Wednesday (4) Thursday (5) Friday (6) Saturday (7) Sunday Air Bagan Flights from Kolkata (CCU) to Yangon (RGN) h o k U a R 7 1 17:50 Flights from Guang Zhou (CAN) to Yangon (RGN) lg s o C n From RGN RGN RGN RGN RGN 6 17:20 Hong Kong (HKG) Flights from Yangon (RGN) n a Dragon Air Flights from Yangon (RGN) to Nay Pyi Taw (NYT) lg s o w Flight No. FMI-A1 FMI-B1 FMI-C1 FMI-A1 FMI-A1 RGN Flights from Nanning (NNG) to Yangon (RGN) g s o n N a Flights from Yangon (RGN) to Doha (DOH) lg s n G O RGN 7 2 3 4 Flights from Yangon (RGN) to Seoul (ICN) g s n G C KE472 OZ7463 CNX Flights from Beijing (BJS) to Yangon (RGN) lg s j S n R Air China (via KMG) 06:40+1 4 2 3 4 6 7 1 2 3 4 5 6 7 3 6 Flights from Yangon (RGN) to Tokyo (NRT) g t r n G N 3 Operated by: NOK Airlines MAI Thai AirAsia Thai Airways Bangkok Airways Thai AirAsia Bangkok Airways Golden Myanmar Airlines Thai AirAsia Bangkok Airways Thai Airways MAI Bangkok Airways Flights from Kunming(KMG) to Yangon (RGN) lg s o m M Flights from Yangon (RGN) to Gaya (GAY) g s n G A 3 5 6 7 1 2 3 4 5 6 7 2 5 6 Flights from Yangon (RGN) to Kolkata (CCU) h o g o C Flight No. AI228 AI234 ETA 07:55 7:25 8:00 8:45 9:40 12:20 14:30 21:55 17:20 17:35 18:40 20:05 21:15 Flights from Taipei (TPE) to Yangon (RGN) lg s E n 16:10 17:20 13:15 15:50 22:15 ETD 06:30 6:40 7:15 8:00 8:50 11:35 13:40 21:10 16:35 16:45 17:55 19:20 20:00 Flights from Ho Chi Minh (SGN) to Yangon (RGN) lg s o i S n Vietnam Airlines 17:35 17:55 18:10 To RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN Flights from Hanoi (HAN) to Yangon (RGN) g t r n N n R Flights from Yangon (RGN) to Guang Zhou (CAN) lg s o n u 8M711 CZ3056 CZ3056 7 Vietnam Airlines 21:30 Flights from Yangon (RGN) to Hong Kong (HKG) g s o o ) n KA251 7 7 7 7 1 2 3 4 5 6 7 1 2 3 4 5 6 7 1 2 3 4 5 6 7 Flights from Yangon (RGN) to Nanning (NNG) g s o g N a Flight No. MU2012 7 7 AK1426 MH740 8M502 Flights from Yangon (RGN) to Beijing (BJS) lg s n G CA906 6 6 6 6 6 6 6 AirAsia MAI Malaysia Airlines Flights from Yangon (RGN) to Kunming(KMG) lg s o g N CA906 MU2032 MU2012 5 5 5 5 5 5 2 3 4 5 5 Flights from Yangon (RGN) to Taipei (TPE) lg s n G T CI7916 BR288 From DMK BKK DMK BKK BKK DMK BKK BKK DMK BKK BKK BKK BKK Flights from Kuala Lumpur (KUL)to Yangon (RGN) g t r o n Flights from Yangon (RGN) to Ho Chi Minh (SGN) lg s o h VN942 7 1 Flights from Yangon (RGN) to Hanoi (HAN) g t r n G H 3 6 6 6 6 6 6 6 6 6 6 6 6 7 7 7 7 7 7 7 7 7 7 7 7 7 Flights from Singapore (SIN) to Yangon (RGN) lg s o a Flights from Yangon (RGN) to Kuala Lumpur (KUL) i t r m n a u AK1427 8M501 MH741 4 4 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 Flights from Chiang Mai (CNX) to Yangon (RGN) g s o g C 16:20 Flights from Yangon (RGN) to Singapore (SIN) lg s o g N n Y5-233 MI509 8M231 SQ997 8M6232/3K586 8M233 TR2827 TR2827 MI517 2 2 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 3 3 3 Days s 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 7 From NYT NYT NYT NYT NYT To RGN RGN RGN RGN RGN ETD 8:50 14:20 18:00 10:00 17:00 ETA 9:50 15:20 19:00 11:00 18:00 Operated by: FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter 7 NYT RGN 16:45 17:40 Air Mandalay 6 1 Flights from Mandalay (MDY) to Yangon (RGN) i t r d D Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 YH 910 1 3 MDY RGN 7:40 10:30 YH 918 1 2 3 4 6 7 MDY RGN 8:30 10:25 YH 728 1 5 MDY RGN 9:10 11:05 YH 732 1 2 3 4 5 6 MDY RGN 17:10 19:15 W9 502 1 2 3 4 MDY RGN 16:10 18:15 K7 223 1 2 3 4 5 6 7 MDY RGN 9:00 11:05 YJ 202 1 2 3 4 5 6 7 MDY RGN 16:00 17:25 Days - (1) Monday (2) Tuesday (3) Wednesday (4) Thursday (5) Friday (6) Saturday (7) Sunday e a 3 d s a y u Golden Myanmar Airlines Yangon Airways Yangon Airways Yangon Airways Yangon Airways Air Bagan Air KBZ Asian Wings
  • 25. PROPERTY & REAL ESTATE 25 Myanmar Business Today December 19-25, 2013 Accor Inks JV Deal for Three Myanmar Hotels H otel group Accor has signed an agreement with local company Myat Min Co to develop three new hotels in Myanmar. The hotels will be located in Yangon and Inle Lake, Shan state and will be named Pullman Yangon Myat Min, The Sebel Yangon Myar Min and Novotel Inle Lake Myat Min, according to industry reports, which will bring Accor’s development within Myanmar next three years. “Accor is proud to announce the signing of three hotels with our new partners, Myat Min Co Ltd, making this one of the largest hospitality partnerships in Myanmar,” said Patrick Basset, Accor’s Senior Vice President for Asia has long been a strategic market for Accor, and as Myanmar’s tourism industry develops, we see - tential in this country as well. With this milestone, we have announced a in Myanmar and we look forward to helping to further develop the country’s tourism infrastructure in the years to come,” he added. Phyo Hla Wai, managing director of Myat Min Co Ltd, said, “We are excited to partner with Accor, one of the world’s leading hotel operators. This partnership will unquestionably enhance the capability to drive more business into the hotels from this international market through their strong distribution channel and renowned hotel brands. We are excited about the opportunities that this partnership presents for both our companies.” The Pullman Yangon Pullman-brand hotel in the country. Expected for completion by 2015, it will house 300 rooms as well as a host of other facilies including a swimming pool and spa facilities. The Sebel Yangon Myat Min will be serviced apartments with 100 rooms, aimed at guests staying in the city for longer stays. The Novotel Inle Lake Myat Min will be an upper-midscale hotel with 121 rooms, located on the banks of Inle Lake, one of the country’s most popular tourist destinations. It is scheduled to open in 2014. Accor is one of the world’s leading hotel operators and is present in 92 countries with nearly 3,600 hotels and 460,000 rooms. It’s brand portfolio MGallery, Grand Mercure, Novotel, Mercure and Ibis. Myanmar Summary [dw,faqmufvya&;vkyief; k k f f BuD;jzpfonfh Accor onf jynfwGif;ukrÜPDwpfckjzpfaom Myat Min Co ESifh jrefrmEdkifiH twGif; [dkw,foHk;vHk; wnf aqmuf&eftwGuf oabmwlnD rIwpfcktm; vufrSwfa&;xdk;cJh aMumif; od&onf/ tqdkyg[dkw,frsm;rSm &efukef? Files Oliver Slow tif;av;uefESifh &Srf;jynfe,f wdkY wG if wnf &Sdom ;rnf j zpf NyD; G [dw,ftrnfrsm;tm; Pullman k Yangon Myat Min , The Sebel Yangon Myar Min ESifh Novotel Inle Lake Myat Min [k trnfay;oGm;rnfjzpfaMumif; od&onf/ vmrnfhoHk;ESpftwGif;üvnf; Accor taejzif h jrefrmEdiiwi; k f H G f pDrHudef; 6 ckudkvnf; taumif txnfazmfaqmif&GufoGm;rnf jzpfaMumif; od&onf/ Accor taejzif h Myat Min Co Ltd ESify;l aygif;í [dw,fo;kH vH;k wnf h k aqmuf&eftwGuf oabmwl vufrwa&;xd;k cGi&onftwGuf S f hf h *k P f , l 0 rf ; ajrmuf a Mumif ; ES i f h jrefrmEdkifiHwGif; [dkw,fvkyfief; ydkif;qdkif&m tBuD;qHk;tusKd;wl yl;aygif;rIwpfckvnf;jzpfvmrnf [k Accor rS tm&Sypdzwa'o d f aps; uGuf t wG uf tBuD ; wef; 'kwd,Ouú|jzpfaom Patrick Basset u ajymMum;cJhonf/ ta&SUawmiftm&Saps;uGufrm S Accor twGuf r[mAsL[m ajrmuf a ps;uG u f w pf c k j zpf N yD ; jrefrmEdkifiH c&D;oGm;vkyfief;rSm zGUH Nzd K ;wd k ; wuf vmonfhtwGuf jrefrmEdiiü tvm;tvmaumif; k f H rsm;pGmudk rdrdwdkYawGUjrifaMumif; Shangri-La Group to Open Second Yangon Hotel Su Su S hangri-La International Hotel Management Ltd, who operate the centrallylocated Traders Hotel in Yangon, will open its in second hotel in the city in 2017. Located on the banks of Kandawgyi Lake, the 350- room Lakeside ShangriLa Yangon, will be located near the Shangri-La Residences that have recently been opened, and are also operated by the group. Speaking at the ofceremony for the new hotel development on December 8, Greg Dogan, Shangri-La president and said, “The steady increase of domestic and foreign investment in Myanmar’s economic capital makes Yangon an important commercial centre. Along with the city’s period buildings, traditional architecture and historic charms, it’s easy to see the multi-faceted at- tractions of Yangon. We look forward to further contributing to the city’s tourism and welcoming visitors with ShangriLa’s hospitality from the heart.” The development will also include three restaurants, two bars, meetings Myanmar Summary &efukefNrdKU&Sd ukefonfBuD;rsm; [dkw,ftm; wnfaqmufcJhonfh Shangri-La International Hotel Management Ltd tm; &efukefNrdKUwGif 2017 ckESpf ü wnfaqmufzivpom;rnfjzpf G hf S f G aMumif; od&onf/ tqdk yg'k wd, ajrmuf [kd w,f taejzifh uefawmfBuD;teD;wGif wnf&SdrnfjzpfNyD; tcef;aygif; 350 cefY yg0ifrnfjzpfum rMum ao;rDu zGivpcaom Shangrihf S f Jh La Residences ESifvnf; eD; h aMumif; od&onf/ 'DZifbmv 8 &ufaeYwGif [dk w ,f topf zGHU NzdK ; wdk; wuf rI
  • 26. 26 PROPERTY & REAL ESTATE Myanmar Business Today December 19-25, 2013 Oliver Slow lobal real estate announced further expansion of its Southeast Asia operations with the establishment of its new Indochina and Myanmar Real Estate Consulting Practice. Headquartered in Vietnam, Savills’ new operation will operate within Myanmar, Cambodia and Laos, with Myanmar being a particular place of interest due to the ongoing economic reforms that are taking place in the country. “I am delighted to announce Savills’ increased involvement in the Myanmar and Indochina markets,” said Chris Marriott, CEO of Savills South East Asia. “This is a continuation of our vision to build strength into the ASEAN region as a precursor to the establishment of the new economic community [ASEAN Economic Community, a Southeast Asia-wide economic bloc that will begin operations and convention space, a health club and an outdoor swimming pool. Guests will also have ac- urÇmvHk;qdkif&m tdrfNcHajrvkyf ief;jzpfonfh Savills onf EkdifiHwdkYü tdrfNcHajrtwdkifyifcH vkyfief;aqmif&GufrIrsm;ESifhtwl ta&S U awmif tm&S a ps;uG u f ü vkyfief;wdk;csUJaqmif&GufrItm; aMunmcJhaMumif; od&onf/ Savills onf AD,uferfEdkifiH aqmif&urtopfrsm;tm; jrefrm G f I Edii?H uarÇm'D;,m;ESifh vmtdEiiH k f k kd f rsm;wGifjyKvyom;rnfjzpfaMumif; k f G vnf; od&onf/ jrefrmEdkifiH vuf&SdpD;yGm;a&; jyKjyifajymif;vJrIrsm;aMumifh pdwf 0ifpm;p&m ae&mwpfckjzpfvm onfh t wG u f j zpf a Mumif ; vnf ; od&onf/ jrefrmEdkifiHESifh tif'dk csKi;f em;aps;uGursm;wGif Savills d f vkyfief;aqmif&GufrIrsm; xyfrH wdk;csJUvmonfhtwGuf rdrdtae jzif h 0rf;ajrmufraMumif; Savills d South East Asia rS pDtD;tdk jzpfol Chris Marriott u ajymMum;cJhonf/ Savills South East Asia rS Files G Myanmar Summary Savills' Indochina and Myanmar branch will be headquartered in Vietnam. wnfaqmufrtwGuf yEéupuf I f kd tcrf;tem;ü Shangri-La Ouú|ESifh trIaqmifcsKyfjzpfol Greg Dogan u jrefrmEdkifiH ukepnfa&mif;0,fazmufum;&m f ae&mwpfcjk zpfvmaMumif;? &efuef k &SdtaqmufttHka[mif;rsm;ESifh ordkif;0if Adokumvuf&mrsm;u qGJaqmifrI&SdaeaMumif;? c&D;oGm; vkyfief;rsm; wdk;wufvm&efESifh in 2015].” According to a release from Savills, their Myanmar operations have seen outstanding performances over the past rent rise of 80 percent, 5-star hotel room rate rise of 70 percent, a 50 percent growth in service apartment rents and a rents. “There has been an into Myanmar and Indochina and our extensive emerging markets experience, and boots-on-theground gives us and our clients an edge over other more desktop drive advideputy managing director of Savills Vietnam. With interest in Myanmar increasing so rapidly, Marriott said that he is expecting Savills to play markets. rewards from early entry cess to the 44.5-hectare Kandawgyi Nature Park and the Yangon Zoological Gardnens, both which surround the lake. pD;yGm;a&;u@ü EdkifiHjcm;&if;ESD; jr§KyfESHrIr sm;ESifh jynfwGif;&if;ESD; jrK§ yErrsm;wdk;wufvmonftwGuf f SH I h &efukeftaejzifh ta&;ygaom c&D;onfr sm; ydkrdka&muf&Sdvm&ef twGuvnf; yl;aygif;aqmif&uf f G rIr sm; jyKvyom;&ef qE´&SaMumif; k f G d ajymMum;cJhonf/ jrefrmEdkifiHwGif; vkyfief;aqmif &GufrItajctaerSm vGefcJhonfh 12 vtwGi;f vGepm aumif;rGef f G cJhNyD; ½Hk;cef;wpfckiSm;&rf;crSm 80 &mcdkifEIef;wdk;wufvmcJhNyD; Mu,f ig;yGitqif&onf[w,ftcef; hf h dS h kd EIef;xm;rSmvnf; 70 &mcdkifEIef; txd wdk;wufcJhonf/ xdkYjyif tcef;rsm;iSm;&rf;crSmvnf; 50 &mcdiEe;f wdk;wufvmcJNh y;D vufvD k f I qdkifrsm; iSm;&rf;crsm;rSmvnf; 10 &mcdkifEIef;ausmf wdk;wufcJh aMumif; od&onf/
  • 27. 27 IT & TELECOM Myanmar Business Today December 19-25, 2013 to Become Entrepreneurs Shein Thu Aung particular focus on engaging women microentrepreneurs.” According to research con- Soe Zeya Tun/Reuters O oredoo are teaming up with the Cherie Blair Foundation for Women to develop a franchise model that will enable 30,000 women in Myanmar to become entrepreneurs by selling prepaid Ooredoo airtime within their communities. The programme will equip women with a business kits that will contain a mobile phone, promotional materials and an operating manual. The women will also receive hands-on training on how to run their business. “Across our footprint, we seek to partner with grassroots organisations and NGOs to deliver on-the-ground support that will empower women,” said Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, chairman, Ooredoo. “As we begin operating in Myanmar, we’re looking to create tens of thousands of new Ooredoo said it will train 30,000 women as Ooredoo mobile retail agents in Myanmar. ducted by the Cherie Blair Foundation for Women, women cant value to the operations of mobile companies, selling products such as SIM cards and mobile airtime. According to a statement from Ooredoo to announce the Twitter Users Revolt Over Behaviour Policy Gerry Shih T time as a public company after it tweaked its “block” function last week, prompting an outcry from those who said the new policy empowered perpetrators of online abuse. Users could previously prevent their harassers from following them or interacting with their tweets. Under the new rules, a blocked user can view or tweet at the person who blocked him or her, but that activity will account did not exist. Twitter said Thursday last week that the change was meant to protect victims of harassment who wanted to blocking a user would prompt retaliation. Responding to a wave of criticism, Chief Executive Dick Costolo said on Twitter that the new features were widely requested by victims of abuse. Reuters Myanmar Summary vGeconftywfwif blockfunction tm; jyifqifajymif;vJrtNy;D wGif f hJ h G I Twitter Inc onfyxrOD;qHk;tBudrftjzpftoHk;jyKolrsm;xHrSjiif;qef wkHYjyefrIrsm; ud&ifqiBf uKH awGUcJ&aMumif; od&onf/ k kd h tqdkyg ay:vpDtopftaejzifhtGefvdkif;tMurf;zufaqmif&Gufol rsm;tm;ydrtm;ay;&ma&mufaMumif;toH;k jyKorsm;rSajymMum;cJaMumif; k kd l h od&onf/ rsm;rS following vkyfjcif;?wkHYjyefrIrsm;udkumuG,fwm;qD;EdkifcJh aomf vnf;,ck pnf; rsOf ; topf r sm;atmuf wGif following cHxm;&aom block xm;aom olpmrsufESmtm; Munfh½IEdkifovdk tweet ygvkyfEdkifaMumif; od&onf/ programme, the women mobile tional income and can reinvest families and communities. Other advantages include the need for less start-up capital as well as being generally more trusted by other women, meaning they can reach a wider cross-section of society. Ooredoo, one of two international companies that won international telecommunications licences in June, also recently announced that it has recently began operating out of a new location at Yangon’s MICT Park in Hlaing township. Speaking at the venue’s opening ceremony, Ross Cormack, CEO of Ooredoo Myanmar said, “We are committed to working closely with Myanmar Information and Communication Technology community, the ministry and the government as it institutes a legislative framework for the telecommunications industry that is aligned with international and GSM standards. We continue to work alongside the appropriate regulatory authorities as we advance towards the next stage in this process.” Myanmar Summary Ooredoo onf Cherie Blair Foundation for Women Foundation ESifh yl;aygif;í trsKd;orD;aygif; 30000 tm; pGefYOD;wDxivyief;&Sirsm;jzpfvma G f k f f p&eftwGuf oifwef;ay;rIrsm;udk jyKvk yfay;oGm;rnf jzpfaMumif; od&onf/ tqkdygtpDtpOftaejzifh trsKd;orD; rsm;tm; rdkbdkif;zkef;wpfvHk; ? aMumfjim tcsuf t vuf y pö n f ; rsm; yg0if onf h business kit wpfckudk ay;oGm;rnf pD;yGm;a&;tm; rnfokdYOD;pD;aqmif&Guf oGm;rnfqdkonfh oifwef;rsm;tm; vuf qifhurf;a0rQoGm;rnfjzpfaMumif; od& onf/ rdrwkdtaejzifh trsK;d orD;rsm;tm; ydrkd d Y k pGrf;&nfxufjrufvmap&ef taxmuf tul j yKrI t wG uf tajccH vl wef ; pm; tzGJUtpnf;rsm;ESifh tpdk;&r[kwfaom tzGJUtpnf;rsm;ESifh yl;aygif;aqmif&Guf oGm;&ef tcGifhtvrf;&SmazGaeaMumif; Ooredoo rS Ouú| Sheikh Abdullah Bin Mohammed Bin Saud Al Thani u ajymMum;cJhonf/ vufvDta&mif;u@wGif tvkyf tudkifr sm;tm; zefwD;ay;&ef tcGifh Mum;cJhonf/
  • 28. IT & TELECOM 28 Myanmar Business Today December 19-25, 2013 Chinese censors, Indian policies lead to offshore data centres; Taiwan, Singapore beat out Hong Kong due to space constraints data sovereignty, then there’s not anything in the APEC countries we know would be an issue right now.” Reuters Clare Jim G oogle Inc opened its Asia last week to cater to the world’s fastest growing consumer technology markets, but the company has no plans to open one in China or India. Choosing Taiwan and Singapore instead illustrates the problem that tech companies face in trying to feed data demand in the world’s two most populous countries: With Myanmar Summary Google Inc cyberspace censorship in China, Google had to look next door. - yet to come online also happen to live in Asia,” he said. Kava said the cost of building the centres was one consideration for locating in Taiwan, but things like data privacy policies, a highly trained workforce and network infrastructure were equally important. “It’s no secret that the Taiwanese ecosystem for technology companies is outstanding,” he told reporters. “Being close to the technology companies will give us opportunity to further some of our partnerships” in Taiwan. Connie Zhou likely rise 68 percent in 2014, well ahead of the global growth rate of 48 percent and the fastest growing region in the world, according to Analysys Mason, a research consultancy. Tech companies normally try to keep data centres as close to the customer base as possible because distance hurts speed. “While we’ve been busy building, the growth in Asia’s internet has been amazing. The number of internet users in India doubled, from 100 million to 200 million. It took six years to achieve that milestone in the US,” Google’s vice president of data centres, Joe Kava, said in a statement. “And this growth probably won’t slow for some time, since A google data centre. The importance of a country’s data policies was highlighted by the way Google opened its centres in Taiwan and Singapore and its decision to double spending in Taiwan to $600 million compared to $120 million in Singapore. While Google brought out executives and media to celebrate its Taiwan opening, the Singapore launch received no such fanfare. The company has expressed concern over a Singapore regulation announced in May that requires certain websites that regularly report on Singapore to be licensed, put up a S$50,000 ($40,000) performance bond and take down within 24 hours any content that authorities Singaporean opinion news site shut down this week as a result, saying the “demand to register has created a wrinkle in our barely formed plans to become “The number of internet users in India doubled, from 100 million to 200 million. It took six years to achieve that milestone in the US.” a sustainable and professional Google also announced it abandoned plans to build a third data centre in Hong Kong, citing primarily a lack of land. Serving 2.5 billion Taiwan, Hong Kong and Singapore are all popular with global tech companies because they boast well-established privacy laws, reliable power ture, and skilled workforces, all essential to operating data centres. Apple Inc, Inc and Microsoft Corp are also building data centres in Asia in Singapore, Hong Kong and Tokyo. But the real appeal is the giant number of internet users in China and India. Google left mainland China in 2010 after a cyber attack and Executive Chairman Eric Schmidt told the Wall Street Journal last month that the company is in no hurry to return. “China’s censorship regime since we left so something would have to change before we come back,” he said. That left an opening for China’s Baidu Inc to further dominate the search engine market with a 66 percent share this year, according to web analytical tool StatCounter, and another local rival, 360 Search, to emerge, grabbing 21 percent. Google’s share dropped to 9 percent from 41 percent in 2009 before its exit China. “The regulatory environment in China is designed in a way to nurture local service providers such as Alibaba, so it makes it harder for foreign companies to enter the market,” tech researcher IDC analyst Leon Kao, who is based in Taipei, said. “But adding service support in Asia such as Hong Kong still inFor example, Amazon is able to deliver goods in a much shorter time now if there’s a sudden surge in orders.” In India, Google dominates 97 percent share of the search engine market, data from StatCounter showed. “In India, the challenge is mostly the cost of infrastructure and the ability of building infrastructure”, said RadhaKrishna Hiremane, Intel Corp’s Asiaketing manager of data centre business, based in Singapore. He said putting an India-focused data centre in Singapore may not cost more, but it could “What matters is latency. At the end of the day, if a service provider is able to provide acceptable latency for the end customers by serving from outside the region and there’s no owif;tcsuftvufqdkif&mpifwmrsm; tm; tm&SwGif vGefcJhonfhtywfu zGifhvSpfcJhNyD; urÇmhzGHUNzdK;wdk;wufrItvsif jrefqHk; oHk;pGJolenf;ynmaps;uGufr sm; tm; jznfhqnf;&eftwGufjzpfaMumif; od&NyD; w½kwfEdkifiH odkYr[kwf tdEd´, Ediiwkwif zGifvpom;&ef tpDtpOfr&Sd k f H dY G h S f G aMumif;vnf; od&onf/ xdkif0rfESifh pifumylwdkYwGif owif; tcsuftvufpifwmrsm;tm; zGifhvSpf jcif;jzifh enf;ynmukrÜPDr sm; &ifqdkif awGUBuKH ae&onfh owif;tcsutvuf f ydi;f qdi&m vdtyfcsursm;tm; jznfqnf; k k f k f h &ef BudK;yrf;aerItwGuf taxmuftyHh jzpfvmaprnfjzpfNyD; tdEd´,EdkifiHwGif pnf;rsO;f pnf;urf;rsm;rSm ajymif;vJaeNyD; w½kwEiiwif cyberspace qifqm f kd f H G pdppfrIr sm; &Sdaejcif;aMumifh Google taejzif h tjcm;aps;uGursm;tm; &SmazG f &aMumif; od&onf/ 2014 ckESpfwGif tm&SypdzdwfEdkifiHrsm; taejzifh rdkbdkif;owif ;tcsuftvuf toHk;jyKrI rSm 68 &mcd k i f E I e f ; txd jrif h w uf v mEd k i f N yD ; urÇ m vH k ; qd k i f & m wdk;wufrIEIef;xm;rSm 48 &mcdkifEIef; jzpfonftwGuf urÇmwpf0ef;wGif zGUH NzKd ; h wd k ; wuf r I t vsif j ref q H k ; a'oyif j zpf aMumif; okawoetwdityifcvyief; k f H k f wpfckjzpfonfh Analysys Mason rS tcsuftvufrsm;t& od&onf/ enf;ynmukrPrsm;taejzifh owif; Ü D tcsuftvufpifwmrsm;tm; oHk;pGJol rsm;ESifhteD;qHk;wGif xm;&Sd&eftwGuf BudK;yrf;aeMuNyD; tuGmta0;u jref qefEIef;udk xdcdkufapaMumif;vnf; od& onf/ tm&S tifwmeuftoHk;jyKrIrSm tHhtm;oifhzG,fwdk;wufvmNyD; tdEd´, Ediiwif tifwmeuftoH;k jyKorm oef; k f H G l S 100 rS oef; 200 odkY ESpfqrQ jrifhwuf vmcJhaMumif; Google rS owif; tcsuftvufpifwmrsm;qdkif&m 'kwd, Ouú|jzpfol Joe Kava u ajym Mum;cJhonf/ xdkif0rfwGif owif;tcsuftvuf pif w mtm; wnf a qmuf & ef t wG u f a&G;cs,qkH;jzwfcJ&mwGif ukeusp&dwrm f h f f S pOf;pm;p&mwpfckjzpfcJhovdk owif; tcsuftvufrsm;tm; aumif;rGefpGm oD;oefYxdef;odrf;EdkifrIay:vpDrsm;? pGrf; &nfjrifvyom;rsm;ESifh euf0ufctajccH h k f f taqmufttHkrsm;rSmvnf; tvm;wl ta&;ygaMumif; Kava u ajymMum; cJhonf/
  • 29. 29 AUTOMOBILE Myanmar Business Today December 19-25, 2013 LHD Autos to Run on the Roads From 2014 Htet Aung M yanmar will see imported left hand drive (LHD) automobiles on its roads starting from January 2014, auto traders say. saloon cars below 1,000cc – which are currently used by government employees – will be sold for K6.5 million ($6,600) with options of settling the pay- ment in installments. As a former British colony, cars in Myanmar had right hand steering and drove on the left side of the road until 1970, right overnight. Under either LHD or right hand drive (RHD), the driver’s side of oncoming vehicles passes each other, thereby mitigating the chances of a head-on collision. In Myanmar, it is still a hybrid of the two sets. The vehicles are right-hand drive, right side of the road. There are two commonly held theories, both of which point to the eccentricities of former dictator General Ne Win. One is that Ne Win’s wife’s astrologer said that the country would be side of the road. The second is that the General had a dream that the country should switch directions. Either way, the military administration of Ne Sherpa Hossainy drive on the right hand side of the road beginning 7 December 1970. Despite the change, most passenger vehicles in the country continue to be RHD, being pre-conversion vehicles and second-hand vehicles imported from Japan, Thailand, and Singapore. Buses imported from Japan that were never converted from RHD to LHD have doors on the right side counterparts in the Philippines. town Yangon also point to the wrong direction. Most vehicles are driven with a passenger called a “spare” in place to watch the oncoming to whether it is safe to overtake or not, as the driver cannot see this from the RHD position. However, government limousines, imported from China, are LHD. “LHD cars will be available from the beginning of next year. for people we are arranging to sell the cars for K6 million ($6,100) each, or K6.5 million if customers buy with installments,” U Khin Kyaing, an automobile dealer said. He said importing smaller cars will also help dealers curb import costs. able international standard automobiles. The longer the government’s ‘replace old with new’ system will go on, the more new foreign cars we will be able to import,” he said. Myanmar Summary vmrnfh 2014 Zefe0g&DvrS pwifNyD; EkiiwumrS wifyvmrnfh b,farmif; d f H Ydk armfawmf,mOfr sm;tm; jrefrmEkdifiHwGif pwiftoH;k jyKawmhrnfjzpfaMumif; um; a&mif; 0,f a&; toif; rS wm0ef &Sdol OD;cifMudKifu ajymonf/ pufrvyief;rsm;rS tif*siyg0g 1000 I k f f atmuf b,f a rmif ; armf a wmf , mOf topfrsm;tm; jynfolrsm; oufaomifh oufomjzifh 0,f,lpDeif;Edkif&eftwGuf usyfodef;aygif; 65 odef;0ef;usifjzifh t&pfuspepfjzifh 0,f,l&&SdEkdifrnfjzpf aMumif; ? tpk;d &0ef x rf ; rsm ;twGuf a&mif;csay;rnfh jrefrmrDeqvGe;f um;rsm; D wGivnf; b,farmif;pepfrsm;jzifh pwif f a&mif;csEi&ef vmrnfh 2014 Zefe0g&D dk f vrS pwifNyD; aqmif&Gufom;rnfjzpf G aMumif; OD;cifBudKifu ajymonf/ ]]uRefawmfwkdYEkdifiHrm ,mOftkd,mOf S a[mif;tyfESHrIawG rsm;vmwmESihftnFD EkiijH cm;u armfawmf,mOftopfawGvJ d f xyfwvJv0ifa&mufvmaeygNyD/ aemuf J vmrnfh 2014 ckESpftpykdif;uaepNyD; NrKd Uay:rSm b,f a rmif ; armf a wmf ,mOf awGudk pwifNy;D toHk;jyKEiawmhrmjzpfyg dk f S w,f/}}[k 4if;u ajymonf/ Launches corporate social responsibility campaign Shein Thu Aung C hevrolet, a division of American automaker General Motors (GM), has opened a brand experience centre in Yangon and launched a three-tier corporate social responsibility campaign last week as part of what the company billed as “its unique entry strategy in its newest market”. Chevrolet earlier announced that it would enter Myanmar Myanmar Ltd as their exclusive distributor. tunity for our popular lineup of Chevrolet cars and trucks.” Matthew Toh, chairman of Pa- cities across Myanmar soon. A Chevrolet 3S centre housing the Chevrolet Technical Training Academy, which will educate 3S centre employees, is under construction in Yangon, it said. Colossi said, “The people of Myanmar will appreciate the same high-quality products and services as other Chevrolet customers around the world, such as a mileage-based warranty of up to 100,000 kilometers.” Chevrolet said through its One-World Futbol (OWF) three-tier CSR campaign, it is delivering 5,000 virtually indestructible footballs to disadvantaged youth across Myanmar over a six-month period. In addition, the Chevy Cares program will deliver two Chevrolet vehicles to a selected nongovernmental organisation for a period of six months to help it expand its delivery of services to more people over a larger geographic area, the company said. In the third tier of the campaign, which is focused on education and training, Chevrolet and its partners will donate engines and technical parts to mechanical training colleges in Myanmar to provide practical hands-on training using up-todate technologies. “CSR activities allow us to help empower individuals and communities in ways beyond what our vehicles can do,” said Akshay Jaising, Chevrolet sales director for export and Southeast Asia distributor operations. Founded in 1911 in Detroit, Chevrolet is one of the world’s largest car brands, doing business in more than 140 countries and selling more than 4.5 million cars and trucks a year. Myanmar Summary tar&duef armfawmfum;vkyfief; BuD;jzpfaom General Motors (GM) Chevrolet onf brand experience pifwmtm; &efukefNrdKUwGif zGifhvSpfcJhaMumif; od&onf/ Chevrolet Alpine Myanmar Ltd rlydkifjzefYa0oltjzpfxm;&Sdí jrefrmhaps; uGufwGif vkyfaqmifoGm;rnf[k tapm ydkif;wGif aMunmcJhonf/ Alpine Myanmar Ltd onf a&mif;cs jzefYjzL;a&;uGef&uftm; wnfaxmifoGm; &ef pDpOfxm;NyD; 2014 Zefe0g&DvrSpí Chevrolet um;rsm;tm; pwifa&mif;cs oGm;rnfjzpfaMumif; od&onf/ Denis Balibouse/Reuters plan to establish a distribution network that will begin selling a range of Chevrolet vehicles in January 2014. The centre is located at the corner of Hledan and Insein road, Kamaryut township, Yangon. Gustavo Colossi, vice president of sales, marketing and aftersales for GM Southeast Asia Operations, said: “Chevrolet is rapidly expanding its presence across the region, including Laos, Cambodia and now Myanmar. With growing demand for personal transportation, “We have a comprehensive plan that will enable Chevrolet to be properly represented in the local market.” Chevrolet said its sales, service and spare parts (3S) Chevrolet cars at an auto show.
  • 30. CLASSIFIEDS December 19-25, 2013 30 Myanmar Business Today
  • 31. 31 SOCIAL SCENES Myanmar Business Today December 19-25, 2013 SCG Sharing the Dream Myanmar 2013 in Mon State U Ohm Myint, chief minister, Mon state, presents a certificate to a student during the SCG Sharing the Dream ceremony held in Mawlamyine. As part of this year’s SCG Sharing the Dream program, 100 students from various townships in Mon state were selected to receive funding of up to K200,000 (approximately $206) each which will help cover school fees for an academic year as well as school supplies. SCG Myanmar Chana Poomee, country director, SCG Myanmar, gives a speech at the SCG Sharing the Dream ceremony held at The Strand Mawlamyine Hotel. SCG Myanmar Christmas Lighting Ceremony 2013 @ Traders Hotel Witchaya Sil-udom (R) from Thai Airways at the event. Kyaw Min A choir performance. Kyaw Min Phillip Couvaras (R), general manager of Traders Hotel, speaks at the event. Model Htar Htet Htet is also seen. Kyaw Min Children receive gifts. Kyaw Min The Christmas tree at the ceremony. U Ohm Myint, chief minister, Mon state (centre, in white) and Chana Poomee, country director, SCG Myanmar (centre, in black), with ministers of the Mon State Regional Government and students from Mon state who received SCG Sharing the Dream 2013 scholarships at a ceremony. SCG Myanmar PTTGC JV Signing Ceremony Kyaw Min Model Htar Htet Htet gives gifts to kids. Kyaw Min Bowon Vongsinudom, president and CEO of PTTGC, with Chrisna Damayanto, refinery director of PT Pertamina (Persero), the Indonesia national oil company along with executives from both companies, entering into a manufacturing JV to pursue the final investment decision of a petrochemical complex in Indonesia. PTTGC "Breaking Barriers to Business Growth: A Forum for Local SMEs" hosted by Building Markets U Nay Aung, founder of Oway Travel, speaks on stage. Rita Nguyen, founder of Squar, speaks during the event. BM BM Project Manager of Building Markets Emmanuel Maillard speaks during the event. Irina Sheffman, project manager of German development company GIZ, speaks with an attendee. BM BM Daw Aye Aye Win, director of Yangon SME Development Centre, gives her speech. BM (L to R) Vicky Bowman, director of Myanmar Centre for Responsible Business, Swe Zin Thet, HR Manager at DKSH, Win Ei Khine, director of Maple Trading Co, and Daw Win Win Tint, managing director, CityMart. BM (L to R) Daw Win Win Tint, Win Ei Khine, Professor Tun Aung from Yangon Insitute of Economics, U Zaw Myo Hlaing, country director of Unilever Myanmar, Swe Zin Thet and Vicky Bowman discuss on stage at the event. BM
  • 32. ENTERTAINMENT December 19-25, 2013 SEA Games Open with 3-Hour Extravaganza the event – and the organisation of individual events has largely gone according to plan. However, some criticism has been levied at the city hosting the event. Nay Pyi Taw, what some described as a “Dicta- Soe Zeya Tun/Reuters purpose-built by the previous military regime and opened in A performer prepares to shoot an arrow to light the torch symbolizing the start of the 27th SEA Games during its opening ceremony in Nay Pyi Taw. T which events got underway at the beginning of December, features Olympic sports like athletics alongside more traditional Myanmar endeavours such as Chinlone – for which displays, traditional dances and performances from Myanmar pop stars. The 22-day SEA Games, for medals, in the male and female competitions – and has, so far, received generally positive responses. At the time of print, Myanmar leads the way in the medals table – although this is helped by the fact that some sports in the games are barely played by other countries competing in Oliver Slow he event aimed at showcasing Myanmar to the world, or at least Southeast Asia, got underway on December 13, with a three-hour, no-expenses-spared ceremony. Hosted at the purpose-built 30,000-seat Wunna Theikdi Stadium in Nay Pyi Taw, the Chinese-backed extravaganza in the city for the games have complained about having to travel long distances to events and little to do in terms of nighttime activities. Few of the region’s sporting stars have travelled to the event, too. The world’s best badminton players are currently taking part in the Superseries Finals in Malaysia, while several countries decided not to send top sportspeople due to traditional sports such as tennis and gymnastics being scraped in favour of obscure sports such as chinlone and wushu. “For 44 years, we have not had the SEA Games,” said Onh Myint Oo, director general of Sports told AFP. “Now we are open for business. It’s the right time to have the Games.” 32 Myanmar Business Today Event Calendar Friday 20th December Strand Happy Hour Drinks Friday Night Bike Ride- Contact Jeff at or 09 5134190. Bike hire available. Saturday 21st December Rehab Party – House party at Yangon’s newest club, Flamingo Bar, located at Yangon International Hotel. Hash House Harriers – ‘a drinking club with a running problem’. 2.45pm University Avenue Road (opposite Yangon University) Sunday 22nd December Australian Club Barbecue – Cook your own meat. Starts at 5.30pm Sunday Morning Bike Ride - Contact Jeff at or 09 5134190. Bike hire available. Monday 23rd December Monday Night Meditation – 7.15 to 9 at 53A Golden Valley Road Thet Htoo/Xinhua Tuesday 24th December Pansodan Gallery – mingle and drinks Myanmar traditional dancers perform during the opening ceremony of the 27th Southeast Asian (SEA) Games in Nay Pyi Taw.