Myanmar Business Today is Myanmar’s first and the only 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. For more information please visit www.mmbiztoday.com.
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1. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
mmbiztoday.com June 12-18, 2014| Vol 2, Issue 23MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL
Contd. P 19... Contd. P 19...
Inside MBT
The Quest for Talents: Devel-
oping Myanmar’s Labour Mar-
ket P-5
Teak production to be cut down by a third
M
ore than half a
million tonnes
throughout Myanmar fol-
up for sale soon through
open tenders, a minister
Htun Htun Minn
sold to enterprises that
minister for environmen-
The minister said teak
the export ban to develop
industries, but the gov-
plemented a log export
vent deforestation and
ensure long-term use of
tonnes of teak and
last year, making it one of
earners in the Southeast
Myanmar at the time of
Myanmar possesses the
forest in mainland South-
Despite the diversity and
size of Myanmar’s for-
plantation under a replant-
ing program initiated by
its plantation programs,
parliament member U
Tin Maung Oo said in the
Myanmar Summary
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usef&SdaeaomopfvkH;rsm;udkavQmYcs
A woman walks with children near logs at a timber yard in Yangon. As the government enforced a ban
on exports of raw timber from April 1, over 750,000 tonnes of logs got stuck in timber yards around
the country.
SoeZeyaTun/Reuters
Myanmar Tourism Federation
2. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
2LOCAL BIZ
MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL
Board of Editors
Editor-in-Chief - Sherpa Hossainy
Email - sherpa.hossainy@gmail.com
Ph - 09 42 110 8150
Editor-in-Charge - Wai Linn Kyaw
Email - linnkhant18@gmail.com
Ph - 09 40 157 9090
Reporters & Contributors
Htun Htun Minn, May Soe San, Kyaw Min,
Wai Linn Kyaw, Aye Myat, Aung Phyo, Zwe Wai, Phyo Thu
David Mayes, Sherpa Hossainy, Klaus Oberbauer
Art & Design
Zarni Min Naing (Circle)
Email - zarni.circle@gmail.com
Ph - 09 7310 5793
Ko Naing
Email - nzlinn.13@gmail.com
Ph - 09 730 38114
DTP
May Su Hlaing
Translators
Wai Linn Kyaw, Phyu Maung,
Bone Pyae Sone
Advertising
Seint Seint Aye, Moe Hsann Pann, Htet Wai Yan, Zin Wai Oo
Advertising Hotline - 09 420 237 625, 09 4211 567 05,
09 31 450 345
Email - sales.mbtweekly@gmail.com
Managing Director
Prasert Lekavanichkajorn
pkajorn@hotmail.com
09421149720
Publisher
U Myo Oo (04622)
No. 1A-3, Myintha 11th
Street,
South Okkalapa Township, Yangon.
Tel: 951-850 0763,
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Printing
Subscription & Circulation
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09 20 435 59
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09 4211 30133
US proposes signing investment protection
pact
The United States has proposed signing an invest-
Myanmar Railways invites tenders for com-
mercial towers
Over 90pc of medicine graduates unemployed
in past decade
energy sector
The Energy Ministry has invited Letters of Expres-
Anti-China mood prevailing in Myanmar,
warns Chinese media
Colgate-Palmolive to invest in Myanmar
MEP invites transmission line and substation
tender
Trades resume on Myanmar-Bangladesh bor-
der
Bilateral trades on Myanmar-Bangladesh border have
Myanmar Summary
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aMumif; od&onf/
3. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
3LOCAL BIZ
Phyo Thu
M
ter U Maung Maung Thein said
tially although there have been
signed an agreement in May
as Myanmar started to open up
listing after signing agreements
outside Yangon is still being de-
and the zone should eventually
A woman leaves the Myanmar Securities Exchange Centre (MSEC), a joint venture between state-owned Myanma Economic
Bank and Daiwa Institute of Research Ltd, a unit of Japan’s second-largest brokerage, in Yangon. Myanmar will launch its very
SoeThanWin/GettyImages;
Myanmar already has an
simultaneously, the minister
initial holders, to sell unlimited
ness, to employ skilled labour
and to submit the name list to
advertise in dailies and other
business priorities, share port-
tions, share transfer and deal-
Myanmar Summary
May Soe San
T
he Rural Development
Breeding, Fisheries and Rural
the government aims to give the
Earnings from marine exports
loans as some might not be able
breeding businesspeople are
There’s a lot of risk in this busi-
Myanmar Summary
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4. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ 4
Myanmar Summary
Myanmar Summary
MitsubishiInksWater
TreatingDeal
Wai linn Kyaw
M
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Kyaw Min
F
-
of the value of gems to be pur-
Myan-
mar Business Today.
-
Emporium, to be held next
-
year’s edition of the emporium,
-
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deposit is a good one, and it’s
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displayed for sale under open
Myanmar started to hold gem
-
jade and gems mining and in
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Reuters
5. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ 5
Myanmar Summary
Contd. P 6... Contd. P 6...
Mdays realise a
the skills and personality
the ability to solve prob-
Undoubtedly, these
problems are a result of
Klaus Oberbauer
and repetition, skills that
are hardly valuable or ap-
nitely have the potential
right attitude and abili-
porate endorsement for
this and similar initiatives
keeps Myanmar from de-
veloping a better skilled
long-term strategies for
It seems like the fear of
portunities that lie in po-
among the most talented
porations think rather
their potential employ-
people that are not really
able to help their business
training programs, yet
thinking and problem
solving take years to de-
out of this talent dilem-
international employers
usually value, there seem
tions:
for problem-based learn-
ing methods and supply
The other option is to
organisers of youth de-
events, like the Myan-
tioned earlier or partner
seems to require a rather
and mindsets about edu-
universities are rather in-
ship institutions to enter
“
The lack of sponsorship and
corporate endorsement
shows a fundamental prob-
lem that currently keeps
Myanmar from developing a better
skilled workforce: companies are
not willing to invest into long-term
strategies for youth development.”
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Myanmar’s skilled human resources problem undoubtedly is a result of its education culture that mostly
focuses on teaching methods that involve memorisation and repetition, skills that are hardly valuable or
GeoffreyHiller
6. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ 6
Myanmar Summary
that might not be possible
-
-
-
What about the alter-
native?
youth groups seems to be
-
ing partnerships and a
pool of skilled employees
-
-
-
stant adaptation to the
youth organisations are
these kinds of partner-
ships appear to be more
Student-led groups that
young people for business
they are existing and op-
One example is Myan-
mar Youth Entrepreneur-
and Entrepreneurs and
-
in universities and busi-
United Kingdom, MYES
is a pioneer in linking the
interests of students and
-
-
-
est student organization
-
-
-
in an international net-
management skills de-
-
national management po-
sitions in the organisation
In addition, young peo-
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-
-
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by providing employer
highly-talented young
-
ested in employing inter-
from a big pool of inter-
national entry-level em-
The development of the
Myanmar labour market
-
prepare young people for
-
Klaus Oberbauer is
the country director of
AIESEC in Myanmar. He
has four years of work-
ing experience in frontier
markets and relocated to
Yangon in late 2013. He
can be reached at Klaus.
oberbauer@aiesec.net.
“
The other option is to
partner directly with
organisers of youth
development projects
or events, or
partner directly with youth-
led and business
focused organisations.”
T -
The Manila-based lender said
-
energy and strengthen govern-
ment institutions in the design
-
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Aung Phyo -
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strate Myanmar’s potential in
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develop investment plans and
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institutional and legal frame-
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eries and Rural Development
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The Asian Development Bank's three-year project will lead to the installation of
solar and biomass-based systems.
PedroCastellano
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Bloomberg
8. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
Myanmar Summary
Myanmar Summary
LOCAL BIZ 8
Myanmar Summary
Myanmar Summary
Tden in Yangon later this month,
ist development set against
The design of the main build-
Wai Linn Kyaw
In Myanmar, some of their programs in Burmese and English
Kyaw Min
by Singapore-based Surbana
tender from the Department of
Fisheries to build the Myanmar
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*syef½kyfjrifoHMum; NHK
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&SdEdkif&ef&nf&G,fonf[k od&onf/
Myanmar’s estimated
Thein told Myanmar Business
Today.
Mostly sailors and overseas
ing from employee life insur-
Htun Htun Minn
jrefrmEdkifiH&Sd vlOD;a&oef; 60 ausmfwGiftouftmrcHxm;&SdolrSm ckepfodef;
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ajymonf/
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xm;&SdMuNyD;? jynfwGif;wGifvkyfudkifaeolrsm;rSmrl touftmrcHxm;&SdrI tvGef
enf;aMumif; od&onf/
FYun Byung-se inked a bilateral
investment promotion and pro-
South Korean investment in
During Yun’s visit in Myan-
mar, President U Thein Sein
and Speaker of the Parliament
Mann also met the S Korean
Phyo Thu
Myanmar’s export to South
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rsm;wGif azmfjyxm;onf/
awmifudk&D;,m;taejzifh jrefrmEdkifiH
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twGuf tar&duefa':vm 3 'or
okn 5 bDvD,H&if;ESD;jr§KyfESHcJhNyD;EdkifiHjcm;
&if;ESD;jr§KyfESHrIwGif 6 'or 7 &mcdkifEIef;
&SdcJhaMumif; od&onf/
Bloomberg
9. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ 9
Myanmar Summary
Myanmar Summary
Htun Htun Minn
T
he Myanmar Tourism Fed-
to establish a tourism bank in a
bid to develop Myanmar’s bur-
retary of MTF, told Myanmar
Business Today.
seen as small and medium enter-
it’s not only about foreign tour-
related businesses that need to
foreign tourist arrivals and the
federation said it gradually aims
grants the permit for the bank it
house businesses, transportation
Myanmar’s tourism master
drafted jointly by the Ministry
ism organisations, suggests the
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oGm;vkyfief;omru jynfwGif;c&D;oGm;
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Wai Linn Kyaw
S
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vkyfa&;vkyfief;rsm;wGif&if;ESD;jr§KyfESH&efpDpOfaeaMumif; qm;AD;,m;oH
trwfBuD;u ajymcJhonf/
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jrefrmEdkifiHwGi&if;EDS;jr§KyfESHrIrsm;jyKvkyf&efydkrdkpdwf0ifpm;aeonf[kajym
cJhNyD; ESpfEdkifiHtMum; pD;yGm;a&;qdkif&myl;aygif;aqmif&GufrIrsm; ydkrdkwdk;jr§ifh
aqmif&Guf&ef wdkufwGef;cJhonf/ 2013 ckESpf azazmf0g&DwGif qm;AD;,m;
EdkifiHjcm;a&;0efBuD; Ivan vma&mufvnfywfcJhNyD; or®wOD;odef;pdefESifh
ynma&;ESifh,Ofaus;rIqdkif&mu@ rsm;yl;aygif;aqmif&Gufa&; ESifh pGrf;
tif? opfawm? &mbmESifhpm;aomufukefxkwfvkyfa&;vkyfief;rsm;wGif
&if;ESD;jr§KyfESH&ef aqG;aEG;cJhaMumif; od&onf/
Tourists at the Visa on Arrival section at Yangon International Airport.
SherpaHossainy
10. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ 10
Myanmar Summary
Aung Ko Win
had to undergo a series
-
to restore these nations to their
former glory and, most impor-
tantly, rebuild them better than
-
-
-
-
seen armies of expats returning
to Myanmar, eager to restore
the best universities, airports and
-
of the least developed nations in
realise our Myanmar Dream,
-
mony and freedom for all Myan-
Myanmar nationals should be
-
-
siveness is an essential element
-
people are united together as the
people of Myanmar, regardless
regardless of our religion, eth-
I believe there is a need for har-
destroying our national herit-
-
-
ment for the sake of future gen-
-
ernising and preserving our her-
should have the right to deter-
-
-
in the hilly regions of Upper My-
-
a nation that provides equal op-
In order to realise our Myan-
-
need to install a strong sense of
needs to put together a strat-
develop sustainably, building our
-
-
need to maintain our momen-
tum in order to realise our Myan-
over, the opposition party is run-
-
I hope that everyone around
-
The author is Chairman of
Kanbawza Bank Limited. This
piece was especially written
for the World Economic Forum
which was held in Manila last
month.
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a&;vkyfief;rsm; vkyfudkifcJhMuonf/
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jyefvnf&&Sd&efwnf;[laom yifr
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aemufwGif jrefrmEdkifiHtaejzihf tjynf
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opfrS tmPm&,lNyD;aemuf jyKjyif
ajymif;vJrIrsm; tvsiftjrefvkyfaqmif
cJhonf/ tjynfjynfqdkif&m todkuf
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xlaxmif&mwGif ta&;ygonhf tcef;
u@rS yg0ifvkyfaqmifay;aeonf/
“
I believe there is a need for har-
mony in developing our country.
We should seriously consider
not destroying our national her-
itage and natural resources. We must
leave a lasting legacy for our children
and grandchildren.”
of the ‘Myanmar Dream’.
SoeZeyaTun/Reuters
11. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
11
Myanmar Summary
LOCAL BIZ
Investors will be able to avoid legal limbo, organisation says
U
K-based Fauna & Flora
a bid to enable timber trading
-
Phyo Thu
-
the rights and responsibilities
-
FFI and the Myanmar Forest
Department, also takes ad-
banning the import of illegally-
-
-
-
-
-
-
-
-
log export ban that promises
timber industry, FFI said the
-
-
ity standards for Myanmar tim-
logging by supporting a legal
-
-
timber rules bring maximum
-
-
-
NAdwdeftajcpdkufEdkifiHwumopfyifESifh
yef;ref (FFI) tzGJUBuD;onf jrefrmEdkifiH
wGif opfawmxGufypönf;rsm; wifydkY&m
wGiftusKd;tjrwfrsm;ydkrdk&&SdEdkif&ef ulnD
axmufyHhrIay;oGm;rnf[k tqdkygtzGJUrS
aMunmcJhonf/
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{uwpfodef;ESpfaomif;udk jynfwGif;
tzGJUtpnf; 745 ckrS tpdk;&xHrSvdkifpif
,laqmif&Gufvsuf&Sdonf/tqdkygpDrHudef;
onf opfawmxGufypönf;rsm;xkwfvkyf
onfhvkyfief;vkyfudkifolrsm;udkw&m;0if
jynfyodkY wifydkYcGifh &&SdEdkif&ef FFI rS
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tvHk;vdkufwifydkYrIudk &yfqdkif;vdkufNyD;
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rsm; vkyfaqmif&mwGif tcuftcJrsm;
BuHKawGUae&jcif;aMumifhjzpfonf/
-
development of national poli-
-
-
Topen a foreign trade ser-
-
-
-
gas exploration, banking and
dispute settlement, potential
-
-
-
-
-
US investment in Myanmar
th
in Myanmar’s foreign investor
Myanmar-US bilateral trade
-
to the United States amounting
Myanmar Summary
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onf/
a&Sajy; Project taejzifh pwifrnfhae&mrsm;wGif&efukefwdkif;a'oBuD;? yJcl;wdkif;
a'oBuD;ESifh{&mwDwdkif;a'oBuD;wdkYüpwifacs;rnfjzpfNyD;aus;vufa'ozGHUNzdK;a&;
bPfrSxkwfacs;rnfhacs;aiGtwGif;tvSarG;ig;vkyfief;twGuftao;pm;acs;aiG
xkwfacs;&ef usyfodef; 300 vsm xm;aMumif; od&onf/
aqmif&Gufjcif;jzpfNyD;? rsm;aomtm;jzifhbPfrSacs;aiGxkwfacs;&mwGif twdk;t&if;
jyefvnfray;qyfEkdifonfhjyóemonftcuftcJwpf&yfjzpfaeaMumif;arG;jrLa&;
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supply that local people can get involved in, a nature conservation group said.
PhyuThitLwin/MBT
12. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ 12
Myanmar Summary
As it re-enters the international community after decades in isolation, Myanmar is a country that is ripe with possibilities for Australian law
firms and businesses, writes Melinda Tun
I
-
tion of representatives from
-
-
-
-
-
-
tralian professionals not only
relationships and friendships
-
Myanmar is an emerging mar-
It has largely been isolated
-
-
Melinda Tun
st
-
ing in Myanmar re-entering the
-
-
It’s very rare that you see a
people suddenly open up to the
-
-
A little done, more to do
But in order to make the most
of these opportunities, Myan-
-
-
-
try’s transition to the global
-
looking at Myanmar as a poten-
tial investment destination are
investment and isolation have
led to a shortage of skilled la-
international exposure, often
making it hard for them to do
-
The seminars provide an in-
-
-
and ability to have a good laugh
-
portunity to develop impor-
-
delegation are seeking not only
to invest and explore oppor-
-
this foreign investment and
-
-
-
-
This delegation highlighted
-
-
ognised industry expertise and
needs of our regional neigh-
-
point that has often been over-
just about investing and trading
-
ting to the region and sharing
-
tralian delegation to Myanmar
Melinda Tun is a senior as-
sociate in the corporate prac-
tice at Baker& McKenzie and
a founder of the Australia-My-
anmar Chamber of Commerce.
“
It’s very rare that you see a
country of more than 60 mil-
lion people suddenly open
up to the world, offering an
enormous labour force and con-
sumer market.”
Myanmar is now offering a world of fresh opportunities, attracting foreign corporations and agencies eager to invest in the
OliverSlow/MBT
But in order to make the most of these opportunities, Myanmar now needs to focus on developing its economy and rebuilding
SoeZeyaTun/Reuters
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jzpfonf/
14. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
REGIONAL BIZ 14
Myanmar Summary
Myanmar Summary
Thundreds of thousands
-
-
-
on the Thai side longer than be-
-
rested by the Thai immigration
morning and arrested all peo-
-
-
Kimseng Men &
Aye Aye Mar -
has resumed for legal Myanmar
-
-
-
ments, the Embassy in Bangkok
-
-
-
-
-
-
bodian Embassy in Thailand to
-
-
-
-
more than a million Myanmar
Thailand’s military tightened
VOA
I
-
nor Raghuram Rajan last
pro-business government de-
The Reserve Bank of India,
-
-
-
-
-
Suvashree Dey Choudhury
and Rafael Nam
-
In turn, investors are hopeful
-
India, thus easing the
burden on the poor
and restoring inves-
-
-
the RBI statement, re-
ferring to the moder-
governor added that
-
-
a revival in aggregate
-
The governor’s dovish tone on
-
SakchaiLalit/AP
-
latitude in setting monetary
-
-
Reuters
DhirajSingh/Reuters
be welcomed by a new pro-business government determined to revive economic growth.
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tdEd´,A[dkbPfOuú| Raghuram
Rajan
avQmhcsum pD;yGm;a&;zGHUNzdK;ap&ef qkH;jzwf
xm;onfh tpkd;&topftm; ydkrdkaxmufcH
rI&&Sdap&eftwGuf ,ciftywftwGif;
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avQmhcscJhonf/
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India
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odkYjyefvnfa&muf&Sdap&efvdktyfonf/
15. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
REGIONAL BIZ 15
Myanmar Summary
Myanmar Summary
hina has begun levying
an anti-dumping tax on a
the European Union and the
latest in a string of issues that
Trade ties have been strained
by a series of dumping disputes,
on European exports of per-
-
Xiaoyi Shao and
Jonathan Standing
be imposed on exports of the
-
-
-
over duties on US exports of
-
Reuters
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ESifh tar&duefEdkifiHwdkYrS wifoGif;onfh
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pnf;Muyf&efpDpOfaeonf[k w½kwfEdkifiH
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pepfESifhqdkifaomypönf;rsm;udkvnf; tcGef
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owfaq;ESifha&cJaowåmjyKvkyf&mwGif
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wef;'wfcsmwmtBuD;tuJrSajymMum;cJh
aMumif;od&onf/
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jcif;awGudkavQmhcszdkYtwGuft&rf;udkapm
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ajymMum;cJhonf/
S
-
-
dropped by the most in almost
from taxes on property sales,
additional levies on foreign
-
Menon said that the property
measures may not be perma-
Sanat Vallikappen
and Pooja Thakur
from time to time, the Business
Under Singapore’s loan
-
Too early
-
-
-
ing any buttons at this point in
Some developers that have
Lim’s outlook mirrors those
Singapore’s biggest developer,
government may start easing
some of its property measures
-
-
-
for the bank are Indonesia,
-
-
-
-
Bloomberg
Marina Bay Sands stands in Singapore.
SamKangLi/Bloomberg
ec.europa.eu
16. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INTERNATIONAL BIZ 16
Myanmar Summary
Myanmar Summary
T
-
-
-
-
-
-
selves to bad debts be-
amount of money they put
-
required some improve-
-
-
enough progress in the
quality of bank and build-
Robert Lovell
-
tions underpinning loan
Lords inquiry found the
Big Four auditors had a
-
auditing the main banks
-
report over its audit of
-
-
-
the rules on auditor inde-
problems in the audit of
Despite these areas for
improvement, the regu-
lator found that good
standards in audit qual-
to a good standard or re-
quiring only limited im-
The proportion of audits
this is a high bar to pass
required only limited im-
-
T
he Federal Reserve
-
national measures
aimed at assessing bank
health in favour of impos-
-
spent billions of dollars
retooling their books to
-
tool that regulators have
developed to measure
-
higher the risk, the less
David Henry and
Emily Stephenson
that Basel III gives banks
told Reuters that Tarullo’s
opinion is held by other
Instead of the Basel
rules, Tarullo promoted
-
-
ing market turmoil or an
has developed separately
from the Basel regula-
-
-
-
regulator fears that banks
-
ology, so it gives them lit-
-
banks have probably spent
-
jor bank told Reuters last
about the Fed’s rules,
banks must hold more
-
straining their lending
-
-
The Fed and other regu-
maintaining the health of
Reuters
The US Federal Reserve building in Washington.
Reuters
building societies.
MBT
Federal Reserve taejzifh
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ief;awGrSmb,folrSjynfhjynfh00
vkyfief;aqmif&GufEdkifwmr&Sd
ao;ygbl;}}[k ajymcJhonf/
17. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INTERNATIONAL BIZ 17
Myanmar Summary
Myanmar Summary
s US health regula-
rules to impose
a value on the lost pleas-
The US Food and Drug
released alongside its pro-
posals for regulations in
hookahs and other vapour
-
on the longer and im-
proved life that might
someone from smoking,
-
-
-
-
Sharon Begley
-
-
plied more broadly to
beverages, that is meant
harder to justify regu-
-
-
-
undermine anything they
-
tive order signed by then
regulators are required
-
-
-
In its proposed rules, the
-
lost-pleasure analysis
-
tions the industry opposes
-
In response to ques-
tions from Reuters, an
-
sion of the lost-pleasure
-
-
-
-
-
judge any potential regu-
previously hinted that the
idea of lost enjoyment in
In a paper published on-
line this year in the jour-
they argued that guilty
pleasures like junk food
-
-
regulation should be dis-
-
Reuters
Enthusiast Brandy Tseu uses an electronic cigarette at The Vapor Spot vapor bar in Los Angeles, Cali-
fornia.
MarioAnzuoni/Reuters
T
-
tral Bank has been
given the lead role
-
to be one of the main ar-
eas highlighted in a report
from global regulators
-
-
list after a meeting in
brought together eight
-
-
Patrick Graham and
Marc Jones
-
-
-
formation improperly to
Many in the industry say
various investigations un-
Board, the global regula-
tory body, is due to pub-
to the FSB, but the par-
-
ordinating role in looking
-
are all signed up to the
-
serve and Bank of Eng-
set of rules, but an agree-
-
The minutes of the Syd-
banks agreed to establish
that all of this might need
-
end game is some kind of
-
-
Reuters
Reuters
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wpfckjzpfonf[kjynfolUusef;rm
a&;a&SUaersm;u owday;ajym
Mum;cJhonf/
18. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE 18
D
anish pension funds
are ready to invest in
-
-
have been lifted, and Denmark
is opening an embassy in the
pension fund Sampension sold
-
Danish government took the
the Burmese government
-
The Danish Ministry of For-
-
-
-
It said it therefore
-
investment universe
on the grounds that
Rachel Fixsen any investments in any of the af-
point to invest in one of these
-
ness to establish that there are
no elements of the business that
-
-
-
divest holdings in Total and
-
-
-
the Danish government,
as long as they don’t vio-
-
-
-
-
-
-
no duties on exports to the EU,
has been making further moves
Myanmar Summary
Myanmar Summary
kali9/GettyImages
S
Aye Myat
-
-
advisors to Myanmar to support
rationing system to be adopted
-
-
-
-
-
-
-
-
-
-
-
Shin also stressed that Korea
-
Korea has supported Myan-
for anti-money laundering and
-
-
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The Financial Services Commission (FSC) sign in front of its headquarters in South
Korea.
businesskorea.co.kr
19. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE 19
Myanmar SummaryDavid Mayes
M -
-
-
bilities of the family are the same,
takes on the additional burden
-
sion on taking risks is had as a
family unit then there is a great-
attitude of both parties as op-
is extremely risk averse and
halves of any marriage make
-
and taking a route both of you
numerous potential arguments
in the future if market roller
DadoGaldieri/Bloomberg
-
-
stages of information gather-
ing it is probably ok to relay
-
ise things it is better to make
an appointment at the home
-
This is their problem though,
-
opinion the most important
detrimental to your relation-
opportunity than it is for one
potentialities together then
the foundation of your lives to-
David Mayes MBA provides
wealth management servic-
es to expatriates throughout
private partnerships in
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wuGaexdkif&eftwGuf qkH;jzwfcsuf
csrSwfrIrsm;tm; rQa0Mu&mwGif aiGaMu;
onfvnf; uGJjym;rIr&Sdyg0ifoihfayonf/
Southeast Asia, focusing on UK
Pension Transfers. He can be
reached at david.m@faramond.
com. Faramond UK is regulated
by the FCA and provides advice
on pensions and taxation.
20. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE 20
Myanmar Summary
As Myanmar opens up to the outside world and will soon get 3G cellular networks, how is the use of money and savings changing? A new
report from a group that spent months studied what’s happening
M
yanmar is a
banking penetration, but
-
Other developments in-
-
-
-
Myanmar-basedProximity
Designs, frog and my strat-
Radiodurans mapped My-
-
-
helping organisations un-
derstand the unique needs
D Radiodurans to help
-
Jan Chipchase
Most of you reading this
-
-
-
person, or hide it in your
proposition: take money
those three features, the
-
dimentary banking ser-
behaviours around and
attitudes to savings, in-
vestments, loans and
-
plored the duality of de-
-
ment and globalisation of
lives and their outlook for
It’s a journey that takes
in betel sellers, monks,
motorbikes, goats, a lot
of gold, and even the af-
-
-
portunities for future
aims to provide a foun-
example, motivations for
not defaulting on a loan
if devout Buddhist bor-
on themselves and their
-
life of a devout Buddhist
Burmese, an event that
results in them spend-
If you’re interested in
-
-
-
other assets from the re-
founder of Studio D Ra-
design and innovation
-
Andrea Shalal and
Krista Hughes
D
Myanmar, Iran and Sudan, US
-
-
-
-
-
-
Department’s Bureau of Indus-
rules on the export of goods
-
-
-
-
used by Fokker and its employ-
-
to US-based repair shops, pro-
viding false tail numbers to US
shops, and stating that the parts
submitted for repair by US-re-
-
-
-
trol requirements, and that’s
-
-
The employees involved in the -
-
-
ate Extraordinary Prod-
-
The upcoming new cellular networks will change the way Myanmar people save and spend.
DarioPignatelli/Bloomberg
CreativeCommons
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enf;AsL[mtBuHay; Studio D
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rsm;tm; aqG;aEG;cJhMuonf/ rdrd
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csufrsm;tm; em;vnfapjcif;?
tqdkygvdktyfcsufrsm;twGuf
xkwfukefrsm;tm;'DZdkif;qGJjcif;wdkY
vkyfaqmifay;cJhonf/
21. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE 21
Myanmar Summary
US firms have an opportunity to undertake some consequential commercial diplomacy
L -
ker led a delegation of
-
more than ten thousand homes,
from negotiations to end multi-
legal reforms, there is hope that
-
-
-
panies begin to invest in Myan-
mar, they have the unique op-
Myanmar’s development but
-
depend in part on abiding by
the letter and spirit of human
rights reporting requirements
mandated by the US govern-
-
istration eased long-standing
government undertook a series
-
-
Ziad Haider
on responsible investment in
requirements state that US per-
-
submit an annual report to
the US State Department that,
-
man rights and environmental
-
These reporting requirements
First, meaningfully satisfying
-
-
-
-
-
-
-
-
-
-
portant normative standard in
light of Myanmar’s history of
human rights abuses under a
-
-
Yet despite their upside, the
reporting requirements have
-
-
submitted in a separate private
-
-
-
-
-
tial of these reporting require-
ments?
only eight reports have been
-
Myanmar through third-party
distributors and reasonably
interpret the requirements as
Department should issue guid-
-
erating through third parties
-
ture of some of the reports to
State Department should bor-
-
Foreign Investment in the US
-
-
The requirements should simi-
-
-
able a meaningful dialogue and
-
-
steps these entities need to take
-
-
-
-
-
-
ists in Myanmar for the US to be
the reporting requirements as
-
-
Ziad Haider is an attorney
and Asia Director of the Truman
National Security Project. He
served as a White House Fellow
in the US Department of Justice
working on international rule of
published in the Diplomat.
Myanmar officials have ex-
pressed an interest in US firms
taking the lead on certain large-
scale projects, such as hydro-
power. If the US footprint is similar to
China’s, this window of goodwill will
close and local opposition will drive up
business costs.
An employee monitors operations at the Coca-Cola Co. bottling plant in Hmawbi. As American companies begin to invest in
Myanmar, they have the unique opportunity to not only advance Myanmar’s development but also US commercial and strate-
gic interests and values.
DarioPignatelli/Bloomberga
,ciftywfu US Secretary of
Commerce Penny Pritzker OD;aqmif
onhf tar&duef trIaqmift&m&SdcsKyf
trsm;tzGJUtaejzihf jrefrmEdkifiHodkY vm
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ESpfceYfu jzpfyGm;cJhonhf tMurf;zufrIrsm;
aMumihf vlaxmifaygif;rsm;pGm aoqkH;
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zsufqD;cHcJh&um vlaygif; 250ç000
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Oya'jyKjyifajymif;vJrIrsm;jyKvkyfEdkifum
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atmuf&Sdaeonhf tm&S tqif;&JqkH;
EdkifiHtaejzihf wnfNidrfum wdk;wufvm
rnf[k arQmfvihf&onf/
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2013-14 b@ma&;ESpftwGif; tar
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a&;twGufonfomru tar&duefEdkifiH
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ESihf wefzdk;rsm;twGufyg tcGihftvrf;
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&nfrSef;xm;onhf vlUtcGihfta&; pdwf
"mwfESihfoufqdkifonhf vdktyfcsufrsm;
tay:wGif rlwnfonf/
22. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE 22
Myanmar Summary
Myanmar Summary
Iurban and rural areas of
-
-
religious groups, media and
-
-
-
-
ment tools to help turn their
-
future might be like, and that’s
-
-
-
-
shops held in Yangon, Shan
state, Mandalay division, Kayin
-
-
-
sium then distilled into three
hope for the future in the room
-
-
-
-
-
-
Aye Myat
“
The challenge with all this is
that sometimes we look too
far in the future, so at the end
of the process what we really
needed to do was bring people back
down to earth and say, actually, ‘what
are you going to do this week?”
-
rent developments as holding
-
-
portunities in the years ahead
-
government, industry and
-
-
-
-
the future of Myanmar, but
-
-
But just as valuable as the
-
ganisers said, is the applied
-
ing built into the Futures
-
far in the future, so at the end
-
The Myanmar Futures Ex-
developed by
-
M y a n m a r -
based partners
Union of Myan-
mar Ministry of
-
-
-
ment, United
States Embas-
lite Foundation, Myanmar
Egress, Proximity Designs, and
-
are already in the preliminary
-
East-WestCenterEast-WestCenter
East-WestCenter
rMumrDu jrefrmEdkifiH jrdKUjyESifhaus;vuf
a'orsm;wGifusif;yjyKvkyfcJhonfh tvkyf½Hk
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rsm;jzpfonfh tpdk;&?pD;yGm;a&;? vlrItoif;
tzGJU? ynma&;? bmoma&;tzGJUtpnf;
rsm;?rD'D,mESifhtEkynm&Sifrsm;taejzifh
2025 wGifjrefrmEdkifiHjyKjyifajymif;vJrI
rsm;tm; ykHazmfaqmif&GufEdkifrnf[k
,kHMunfvsuf&Sdonf/
[dkEdkvlvltajcpdkuf East-West Center
rS uruxjyKum usif;ycJhonf 2014
Myanmar Futures Exchange ESpfywf
vnfaqG;aEG;yGJwGiff rwlnDonfh aemufcH?
touft&G,fESifhb0tajccHrwlnDolrsm;
taejzifh EdkifiHwnfaqmufa&;vkyfief;
vdkvm;onfhtem*wftm; vufawGUykHazmf
Edkif&ef vkyfydkifcGifhrsm;tm; avhvmjcif;rsm;
jyKvkyfonfh “civic creativity” tm;
yg0ifykHazmfrIvkyfief;pOfvnf; yg0ifonf/
Myanmar Futures Exchange tm;
East-West Center rS jrefrmEdkifiHtajc
pdkuftrsKd;om;pDrHudef;ESifhpD;yGm;a&;zGHUNzdK;
wdk;wufa&;0efBuD;Xme?tar&duefoH½kH;?
ysKd;yif? jAdwdoQaumifpD? Myanmar
Business Coalition onAIDS ? jrefrm
pD;yGm;a&;tvkyftrIaqmifrsm;tzGJU?
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Egress, Proximity Designs ESifh
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vsuf&Sdonf/xyfwdk;okawoetaxmuf
tyHhrsm;tm; Hawai’i Research Center
for Futures Studies rS yHhydk;ay;rnfjzpf
onf/
2015 MFE twGuf vkyffaqmifrI
rsm;tm; tpjyKvkyfaqmifvsuf&SdaeNyD
jzpfNyD; EdkifiHNrdKUawmf aejynfawmfwGif
usif;yrnfh 0efBuD;rsm;tqifh tvkyf½kH
aqG;aEG;yGJrsm;vnf;yg0ifaMumif;od&onf/
azmfumav,mOfESifhqufpyfypönf;rsm;udkjrefrm?tD&efESifhql'efEdkifiHrsm;odkYw&m;r
0ifwifydkYcJhonfha[mfvefav,mOfukrÜPDazmfumonftar&dueftpdk;&odkY'PfaMu;
aiG tar&duefa':vm10oef;ay;avsmf&efoabmwlnDcJhonf[kod&onf/
azmfumukrÜPDonf tar&duefEdkifiHu pD;yGm;a&;ydwfqdkYxm;onfhEdkifiHrsm;odkYazmf
umav,mOfrsm;ESifhtpdwftydkif;rsm;udkw&m;r0ifwifydkYcJhNyD;uwdu0wfcsKd;azmufrI
253rI&Sdonf[kod&onf/tar&duefw&m;½Hk;ppfwrf;rsm;t& azmfumukrÜPD onf
tar&duefEdkifiHpD;yGm;a&;ydwfqdkjcif;cHxm;&aomjrefrm?ql'efESifhtD&efEdkifiHrsm;
odkYav,mOfrsm;a&mif;csjcif;aMumifh ,ckuJhodkY'Pf½dkufcJh&jcif;jzpfonf/
Reuters
23. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
PROPERTY & REAL ESTATE 23
Myanmar Summary
Three out of the five projects in Myanmar involve the construction of upscale hotels, and the most recently proposed project will excuse its client, Yoma Bank, from
implementing basic due diligence and safeguards, USCB says
Kyaw Min
-
anmar from the
-
equality rather than ease
poverty in the Southeast
-
-
-
safeguards and transpar-
funder to stop these pro-
-
-
-
-
-
-
posals seem to mark a
-
-
-
-
tions prohibiting US in-
vestment in Myanmar to
signal its support for the
-
-
mar and began to assess
-
-
leviation, and eventually
-
Bank, from implementing
-
-
tax revenue and foreign
The goal of another pro-
-
international standard of-
-
-
ing foreign investments in
Board to postpone ap-
proval of the Yoma Equity
-
-
-
egorising its proposed
in Yoma Bank’s Small
and Medium Enterprise
-
-
-
-
-
-
-
-
billions of dollars of FI
lending that have led to
-
and other human rights
resulting in a ground-
breaking internal audit in
and an agribusiness pro-
-
-
of poverty in rural areas,
and harassment of lo-
-
mitted to missteps around
FI lending is the least
regulated lending in-
-
-
have deep government
that all potentially harm-
-
guards requirements of
Myanmar are also rais-
-
-
Ltd and First Myanmar
-
-
-
-
-
human rights abuses,
-
-
-
-
military regime through
-
-
posals are raising serious
questions regarding the
-
urÇmhbPfvufatmuf&SdEdkifiH
wumb@ma&;aumfydka&;&Sif;
(IFC)onfjrefrmedkifiHwGifqif;
&JrGJawrIavsmYcsa&;twGufpDrH
udef;topfrsm;aqmif&Guf&efpDpOf
aeonf[kod&onf/
0g&SifweftajcpdkufvlUtcGifht
a&;tzGJUjzpfonfh (USCB) u
(IFC) tm;jrefrmEdkifiHwGif&if;ESD;
jr§yfESHrnfhvkyfief;rsm;wGifpD;yGm;
a&;rnDrQrIrsm;rjzpfap&efowd
“
Regrettably, the IFC’s recent in-
vestment proposals seem to mark
a deviation from the IFC’s earlier
objective to bolster the growth of
microfinance in Burma and may instead
exacerbate socioeconomic inequality in
the country.”
excuse the Burmese client, Yoma Bank, from implementing basic due diligence and safeguards, the USCB said.
WaiLinnKyaw
24. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
24PROPERTY & REAL ESTATE
one-fourth of the population
lives under the national poverty
Myanmar live in rural areas,
ing a broader trend being seen
uting to the urban versus rural
vast majority of investment in
that only one-third of the popu-
ay;vdkufNyD; (IFC) &nf&G,f csufjzpf
onfhqif;&JrJGawrIavQmhcsa&;pDrHudef;
tm;wdusaocsmpGmvkyfaqmif&efwdkuf
wGef;cJh onf/
(USCB) 'g&dkufwm Rachel
WagleyutdkiftufzfpDjrefrmEdkifiHwGif
&if;ESD;jr§yfESHrnfhb@ma&;qdkif&mudpö&yf
rsm;wGifyGifhvif;jrifomrI&Sdap&efowd
ay;cJhNyD;vwfwavmjrefrmEdkifiHwGifBuHK
awGUae&onfht*wdvdkufpm;rIrs;udka&Smif
MuOf&ef ajymMum;cJYonf/
Reuters
Erik dela Cruz
Myanmar Summary
Myanmar Summary
csDum*dktajcpdkuf Hyatt [dkw,f aumfydka&;&Sif;onf zdvpfydkifEdkifiH Meclo
Crown Resorts tkyfpkwGif yg0ifaom City of Dream [dkw,ftm; pDrHcefYcGJ
&ef oabmwlnDrI&&SdcJhonf[k od&onf/ odkYaomf ,if;tkyfpkESpfckrS &if;ESD;jr§KyfESH
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arQmfpifwpfckyg0ifonfhtqdkyg[dkw,fonf tar&duefa':vm 1 'or 3
bDvD,Hwefzdk;&SdNyD; topfvGifqHk;aom umpDEdkESifhtyef;ajzae&mrsm;yg0ifrnf
[k od&onf/tqdkyg[dkw,ftm; Hyatt [dkw,ftkyfpku ,ckESpfwGif zGifhvSpfEdkif&ef
pDpOfaeonf[k od&onf/ ,if;[dkw,f onf tcef;aygif; 365 cef;yg0ifrnfjzpf
onf/
Wai Linn Kyaw
Sexamine the pressures and
opportunities of the region’s
senior housing market at the Re-
this year, they are likely to join
under pressure to build and pro-
vide professional senior housing
and foreign retirees seeking a
seen retirement villages overseas
many years ago and thought that
the lifestyle needs of the retirees
a proper retirement village for
Malaysians so that the needs of
Malaysia, Thailand, Indone-
sia and the Philippines all have
several major senior housing
hand in industry dialogue and
get unparalleled insights into the
ment opportunities in the re-
potential by bringing key inves-
Retirement Living & Senior
Malaysia, Summerset Villages
by key senior housing players
notes by government bodies and
portunity to see for themselves
Men gather at the Tampines East Neighbourhood Centre in Tampines district, in Singapore.
SamKangLi/Bloomberg.
ta&SUawmiftm&StdrfNcHajr*k½krsm;
taejzifh a'owGif;&Sd tdrfNcHajrtcGifh
tvrf;rsm;ESifhzdtm;rsm;tm; okH;oyfEdkif
&eftwGuf Retirement Living and
Senior Care Southeast Asia 2014
tm;rav;&Sm;EdkifiHuGmvmvrfylNrdKUwGif
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xdkif;EdkifiHwdkYESihftwl 15 ae&mwGif yg0if
vmap&ef vkyfaqmifvsuf&Sdonf/
25. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
AUTOMOBILE 25
Myanmar Summary
Myanmar Summary
eneral Motors has apol-
its most popular models to re-
Marilyn Thompson and
Paul Lienert
Martin said in an email that
Some families say they are still
them more information about
er to provide additional infor-
Reuters
Kyaw Min
S
the major football event, the auto
and Thamine Station road in
during the promotion are:
tures of Brazilian footballer Kaka
tinue to be a top-tier sponsor until
DavidGoldman/Reuters
urÇmhyÍörtBuD;qHk;armfawmf,mOfxkwf
vkyfonfhvkyfief;jzpfonfh Hyundai um;
ukrÜPDonf FIFA World Cup 2014
wGif tjzpf yg0ifyg
onf/urÇmhzvm;NydKifyGJ Official
Sponsor vnf;jzpfonfh Hyundai rSNydKifyGJ
udk qifETJonfhtaeESifh txl; Promotion
yGJjyKvkyfrnfjzpfonf/Hyundai onf
1999 ckESpfrS pwifum FIFA ESifh
yl;aygif;aqmif&GufcJhNyD; 2022 ckESpftxd
FIFA xdyfwef; Sponsor tjzpf
&Sdaernfjzpfonf/
GM Motor
pufEId;onfhpepf csKdU,Gif;aeonfh um;
rsm;aMumifh ,mOfrawmfwqrIjzpfyGm;
um aoqHk;cJh&olrsm;udk awmif;yefrI
jyKcJhaMumif; od&onf/
GM ajyma&;qdkcGifh&Sdol Greg
Martin u ,mOfrawmfwqrIwGif
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pdwfraumif;jzpfrdaMumif; ajymMum;cJh
onf/ GM
onfh 26 oef;aomarmfawmf,mOfrsm;
udkpufEId;onfhpepfcsKdU,Gif;aejcif;aMumifh
jyefvnfodrf;qnf;&ef pDpOfcJhNyD; tqdk
ygpepfaMumifh ,mOfrawmfwqjzpfyGm;
cJh&mwGif vl 13 OD;aoqHk;cJh&onf/
26. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
26
Myanmar Summary
AUTOMOBILE
Capacity set at 300,000 vehicles a year
Kbreak ground soon on a
-
ter said, a further sign that the
-
-
The plant, to be built in Mon-
Hyunjoo Jin
demand in the United States,
-
pany spokesman told Reuters
-
-
straints in the United States,
-
-
-
rean group risked running into
the kind of quality issues that
had eased his ban on building
group’s plans told Reuters early
-
ity, running feasibility studies
-
plants as their global manu-
an auto analyst at Korea Invest-
-
-
sales, are under pressure from
-
-
es the Optima mid-sized sedan
and the Sorento sport utility ve-
Both plants are running at full
Reuters
apanese auto sales in May
a year ago, industry data
eased from the previous month
-
-
-
-
-
-
took a hit from the tax hike,
-
Yoko Kubota Sales for Toyota Motor, in-
-
-
-
Reuters
T
-
-
-
Reuters
Myanmar Summary
Myanmar Summary
udk&D;,m;tajcpdkuf Kia Motor Car
puf½Hkwpfckudk wnfaqmuf&ef pDpOfae
NrdKUteD;wGifwnf&SdNyD; wpfESpfvQif um;pD;
a& oHk;odef;cefY xkwfvkyf&ef pDpOfxm;
aMumif; od&onf/
jcif;onf tar&duefEdkifiHtwGif; um;
vdktyfcsufudk jznfhqnf;Edkifjcif;r&Sday/
tqdkygpuf½HktaqmufttHkwnfaqmuf
&eftwGuf wdusaocsmonfhqHk;jzwfcsuf
rcs&ao;aomfvnf; tar&duefjynf
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27. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
IT & TELECOM 27
Myanmar Summary
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Myanmar Summary
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28. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
28
Fligghhtss ffroom Yanggon (RGNN) to Bangkok ((BKK) Fligghhtss ffroom Banggkok (BKKK) to Yaangon (RGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
PG 706 1 2 3 4 5 6 7 RGN BKK 7:15 9:30 Bangkok Airways DD4230 1 2 3 4 5 6 7 DMK RGN 06:30 07:55 NOK Airlines
DD4231 1 2 3 4 5 6 7 RGN DMK 8:00 9:45 NOK Airlines 8M336 1 2 3 4 5 6 7 BKK RGN 6:40 7:25 MAI
FD2752 1 2 3 4 5 6 7 RGN DMK 8:30 10:15 Thai AirAsia FD2751 1 2 3 4 5 6 7 DMK RGN 7:15 8:00 Thai AirAsia
8M335 1 2 3 4 5 6 7 RGN BKK 8:40 10:25 MAI TG303 1 2 3 4 5 6 7 BKK RGN 8:00 8:45 Thai Airways
TG304 1 2 3 4 5 6 7 RGN BKK 9:50 11:45 Thai Airways PG701 1 2 3 4 5 6 7 BKK RGN 8:50 9:40 Bangkok Airways
PG702 1 2 3 4 5 6 7 RGN BKK 10:45 12:40 Bangkok Airways FD2755 1 2 3 4 5 6 7 DMK RGN 11:35 12:20 Thai AirAsia
Y5-237 1 2 3 4 5 6 7 RGN BKK 18:05 19:50 Golden Myanmar Airlines PG707 1 2 3 4 5 6 7 BKK RGN 13:40 14:30 Bangkok Airways
TG302 1 2 3 4 5 6 7 RGN BKK 14:45 16:40 Thai Airways Y5-238 1 2 3 4 5 6 7 BKK RGN 21:10 21:55 Golden Myanmar Airlines
PG703 1 2 3 4 5 6 7 RGN BKK 15:20 17:15 Bangkok Airways FD2753 1 2 3 4 5 6 7 DMK RGN 16:35 17:20 Thai AirAsia
8M331 1 2 3 4 5 6 7 RGN BKK 16:30 18:15 MAI PG703 1 2 3 4 5 6 7 BKK RGN 16:45 17:35 Bangkok Airways
FD2754 1 2 3 4 5 6 7 RGN DMK 17:50 19:35 Thai AirAsia TG305 1 2 3 4 5 6 7 BKK RGN 17:55 18:40 Thai Airways
PG704 1 2 3 4 5 6 7 RGN BKK 18:25 20:20 Bangkok Airways DD4238 1 2 3 4 5 6 7 BKK RGN 19:30 20:15 NOK Airlines
TG306 1 2 3 4 5 6 7 RGN BKK 19:40 21:35 Thai Airways 8M332 1 2 3 4 5 6 7 BKK RGN 19:20 20:05 MAI
DD4239 1 2 3 4 5 6 7 RGN DMK 21:00 22:45 NOK Airlines PG705 1 2 3 4 5 6 7 BKK RGN 20:00 21:15 Bangkok Airways
FFligghhtss ffroomm Yangoon (RGN)) to Chiaang Maii (CNX) FFligghhtss ffroomm Chiangg Mai (CCNX) to YYangon (RGN)
W9-9607 4 7 RGN CNX 14:50 16:20 Air Bagan W9-9608 4 7 CNX RGN 17:20 17:50 Air Bagan
Flligghtss ffroom Yanggon (RGNN) to Sinngapore (SIN) Flligghtss ffroom Singaapore (SIN) to Yangon ((RGN)
Y5-233 1 2 3 4 5 6 7 RGN SIN 10:10 14:40 Golden Myanmar Airlines Y5-234 1 2 3 4 5 6 7 SIN RGN 15:35 17:05 Golden Myanmar Airlines
MI509 1 6 RGN SIN 0:25 5;00 SilkAir SQ998 1 2 3 4 5 6 7 SIN RGN 7:55 9:20 Singapore Airline
8M231 1 2 3 4 5 6 7 RGN SIN 8:30 13:00 MAI 8M6231/3K585 1 3 4 5 6 SIN RGN 9:10 10:40 Jetstar Asia
SQ997 1 2 3 4 5 6 7 RGN SIN 10:25 14:45 Singapore Airline 8M232 1 2 3 4 5 6 7 SIN RGN 14:10 15:40 MAI
8M6232/3K586 1 3 4 5 6 RGN SIN 11:30 16:05 Jetstar Asia MI518 1 2 3 4 5 6 7 SIN RGN 14:20 15:45 SilkAir
8M233 5 6 7 RGN SIN 13:45 18:15 MAI 8M235 5 6 7 SIN RGN 19:15 20:45 MAI
TR2827 1 6 7 RGN SIN 15:10 19:35 TigerAir TR2826 1 6 7 SIN RGN 13:00 14:30 TigerAir
TR2827 2 3 4 5 RGN SIN 17:10 21:35 TigerAir TR2826 2 3 4 5 SIN RGN 15:00 16:30 TigerAir
MI517 1 2 3 4 5 6 7 RGN SIN 16:40 21:15 SilkAir MI520 5 7 SIN RGN 22:10 23:35 SilkAir
FFliightts frromm Yangonn (RGN) tto Kualaa Lumpuur (KUL) Fligghtts frroomm Kuala LLumpur (KUL)too Yangonn (RGN)
AK1427 1 2 3 4 5 6 7 RGN KUL 8:30 12:50 AirAsia AK1426 1 2 3 4 5 6 7 KUL RGN 6:55 8:00 AirAsia
8M501 1 2 3 4 5 6 7 RGN KUL 8:55 12:55 MAI MH740 1 2 3 4 5 6 7 KUL RGN 10:05 11:15 Malaysia Airlines
MH741 1 2 3 4 5 6 7 RGN KUL 12:15 16:30 Malaysia Airlines 8M502 1 2 3 4 5 6 7 KUL RGN 14:00 15:00 MAI
Fligghtts frrom Yanngon (RGGN) to HHanoi (HHAN) Fligghtts frrom Hannoi (HANN) to Yanngon (RRGN)
VN956 1 3 5 6 7 RGN HAN 19:10 21:30 Vietnam Airlines VN957 1 3 5 6 7 HAN RGN 16:35 18:10 Vietnam Airlines
Flligghhtss ffroomm Yangon (RGN) to Ho CChi Minhh (SGN) Flligghhtss ffroomm Ho Chii Minh (SSGN) to Yangonn (RGN)
VN942 2 4 7 RGN SGN 14:25 17:10 Vietnam Airlines VN943 2 4 7 SGN RGN 11:40 13:25 Vietnam Airlines
Flligghtss ffrom Yanngon (RGGN) to TTaipei (TTPE) Flligghtss ffrom Taipei (TPEE) to Yanngon (RGN)
CI7916 1 2 3 4 5 6 RGN TPE 10:50 16:10 China Airline CI7915 1 2 3 4 5 6 7 TPE RGN 7:15 10:05 China Airline
BR288 2 5 6 RGN TPE 11:35 17:20 EVA Air BR287 2 5 6 TPE RGN 7:30 10:35 EVA Air
Flligghhtss ffroom Yanggon (RGNN) to Kunming(KMG) Flligghhtss ffroom Kunmming(KMMG) to Yangon ((RGN)
CA906 2 3 4 6 7 RGN KMG 14:15 17:35 Air China CA905 2 3 4 6 7 KMG RGN 12:40 13:15 Air China
MU2032 1 2 3 4 5 6 7 RGN KMG 14:40 17:55 China Eastern MU2031 1 2 3 4 5 6 7 KMG RGN 13:30 14:00 China Eastern
MU2012 3 6 RGN KMG 12:20 18:10 China Eastern (via NNG) MU2011 3 6 KMG RGN 8:25 11:30 China Eastern (via NNG)
Flligghtss from Yanngon (RGGN) to BBeijing (BJS) Flligghtss from Beijjing (BJSS) to Yanngon (RRGN)
CA906 2 3 4 6 7 RGN BJS 14:15 21:55 Air China (via KMG) CA905 2 3 4 6 7 BJS RGN 8:05 13:15 Air China (via KMG)
Fligghhtss ffroom Yanggon (RGNN) to Naanning (NNG) Fligghhtss ffroom Nannning (NNNG) to Yaangon ((RGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
MU2012 3 6 RGN NNG 12:20 16:25 China Eastern MU2011 3 6 NNG RGN 10:15 11:30 China Eastern
FFligghhtss ffroomm Yangoon (RGN)) to Honng Kong (HKG) HHonngg KKoong (HKG) Flights from Yaangon ((RGN)
KA251 1 2 4 6 RGN HKG 1:10 5:35 Dragon Air KA250 1 3 5 7 HKG RGN 21:50 23:45 Dragon Air
*PPleaasee noote thee dday change for the deparrture time too Hong Kongg.
Flligghhtss ffroomm Yangon (RGN) to Guanng Zhouu (CAN) Flligghhtss ffroomm Guang Zhou (CCAN) to Yangonn (RGN)
8M711 2 4 7 RGN CAN 8:40 13:15 MAI CZ3055 3 6 CAN RGN 8:40 10:30 China Southern Airlines
CZ3056 3 6 RGN CAN 11:20 15:50 China Southern Airline 8M712 2 4 7 CAN RGN 14:15 15:45 MAI
CZ3056 1 5 RGN CAN 17:40 22:15 China Southern Airline CZ3055 1 5 CAN RGN 14:45 16:35 China Southern Airlines
FFlighhts ffroom Yanggon (RGN) to Koolkata (CCCU) FFlighhts ffroom Kolkkata (CCUU) to Yaangon (RRGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
AI228 5 RGN CCU 18:45 19:45 Air India AI227 1 5 CCU RGN 10:35 13:20 Air India
AI234 1 5 RGN CCU 13:40 16:55 Air India (via GAY) AI233 5 CCU RGN 13:30 18:00 Air India (via GAY)
Fligghhtss ffrom Yanngon (RGGN) to GGaya (GAAY) Fligghhtss ffrom Gayya (GAY) to Yanngon (RGGN)
8M 601 1 3 5 6 RGN GAY 10:30 11:50 MAI 8M 602 1 3 5 6 GAY RGN 12:50 16:00 MAI
AI234 1 5 RGN GAY 13:40 15:00 Air India AI233 5 GAY RGN 15:00 18:00 Air India
Fligghtts frrom Yanngon (RGGN) to TTokyo (NNRT) FFliightts frrom Tokkyo (NRTT) to Yaangon (RRGN)
NH914 1 3 6 RGN NRT 22:00 06:40+1 ALL NIPPON Airways NH913 1 3 6 NRT RGN 11:10 17:05 ALL NIPPON Airways
FFligghhtss ffrom Yanngon (RGGN) to SSeoul (ICCN) FFligghhtss ffrom Seooul (ICN)) to Yanngon (RGGN)
KE472 1 3 5 7 RGN ICN 0:05 8:00 Korean Air KE471 1 2 3 4 5 6 7 ICN RGN 18:40 22:55 Korean Air
OZ7463 4 7 RGN ICN 0:50 8:50 Asiana OZ4753 3 6 ICN RGN 19:30 23:40 Asiana
Flligghtss ffrom Yanngon (RGGN) to DDoha (DOOH) Flightts frrom Dohha (DOH) to Yangon (RRGN)
QR619 1 2 3 4 5 6 7 RGN DOH 8:00 11:45 Qatar Airways QR618 1 2 3 4 5 6 7 DOH RGN 21:05 06:29+1 Qatar Airways
Flligghhtss ffroomm Yangon (RGN) to Nay Pyi Taww (NYT) Flligghhtss ffroomm Nay Pyyi Taw (NNYT) to Yangonn (RGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
FMI-A1 1 2 3 4 5 RGN NYT 7:30 8:30 FMI Air Charter FMI-A2 1 2 3 4 5 NYT RGN 8:50 9:50 FMI Air Charter
FMI-B1 1 2 3 4 5 RGN NYT 11:30 12:30 FMI Air Charter FMI-B2 1 2 3 4 5 NYT RGN 13:00 14:00 FMI Air Charter
FMI-C1 1 2 3 4 5 RGN NYT 16:30 17:30 FMI Air Charter FMI-C2 1 2 3 4 5 NYT RGN 18:00 19:00 FMI Air Charter
FMI-A1 6 RGN NYT 8:00 9:00 FMI Air Charter FMI-A2 6 NYT RGN 10:00 11:00 FMI Air Charter
FMI-A1 7 RGN NYT 15:30 16:30 FMI Air Charter FMI-A2 7 NYT RGN 17:00 18:00 FMI Air Charter
FFliightts frrom Yangoon (RGN) to Manndalay ((MDY) FFliightts frrom Manddalay (MDDY) to YYangon (RGN)
Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 Golden Myanmar Airlines Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 Golden Myanmar Airlines
YH 909 2 4 6 7 RGN MDY 6:30 8:10 Yangon Airways YH 910 1 3 MDY RGN 7:40 10:30 Yangon Airways
YH 917 1 2 3 4 5 6 7 RGN MDY 6:10 8:30 Yangon Airways YH 918 1 2 3 4 6 7 MDY RGN 8:30 10:25 Yangon Airways
YH 727 1 5 RGN MDY 11:15 13:25 Yangon Airways YH 728 1 5 MDY RGN 9:10 11:05 Yangon Airways
YH 731 1 2 3 4 5 6 7 RGN MDY 15:00 17:10 Yangon Airways YH 732 1 2 3 4 5 6 MDY RGN 17:10 19:15 Yangon Airways
W9 501 1 2 3 4 RGN MDY 6:00 7:25 Air Bagan W9 502 1 2 3 4 MDY RGN 16:10 18:15 Air Bagan
K7 222 1 2 3 4 5 6 7 RGN MDY 6:30 8:40 Air KBZ K7 223 1 2 3 4 5 6 7 MDY RGN 9:00 11:05 Air KBZ
YJ 201 1 2 3 4 5 6 7 RGN MDY 11:30 12:55 Asian Wings YJ 202 1 2 3 4 5 6 7 MDY RGN 16:00 17:25 Asian Wings
Days - (1) Monday (2) TTueesdaay (33) WWeddnessdaay (4) Thursdayy (5) Friday (6) SSaturday (7) Suunday Days - (1) Monday (2) TTueesdaay (33) WWeddnessdaay (4) Thursdayy (5) Friday (6) SSaturday (7) Suunday
29. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
IT & TELECOM 29
Myanmar Summary
Myanmar Summary
Myanmar Summary
Supriya Kurane
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30. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
SOCIAL SCENES 30
Aye Aye Khine, owner of A+ (Material/Creative/Cafe). Kyaw Min
Guests at the event. Kyaw Min
AlvinChua(L)fromMicrosoft&PetterFurberg(R),CEOofTelenorMyan-
mar, pose for a photo. Kyaw Min
Alvin Chua answer to the media. Kyaw Min Petter Furberg answer to the media. Kyaw Min
Sharad Mehrotra (L), chief marketing officer, & Petter Furberg (R), CEO
of Telenor Myanmar, pose for a photo. Kyaw Min
Myanmar Korea ADB Financial Forum (2 Jun 2014) @ The
Thingaha Hotel, Nay Pyi Taw
Opening remark by Dr Maung Maung Thein, Deputy Minister, Ministry of
Finance. Gunhong
Congratulatory remark by Je Yoon Shin, Chairman, Financial Service Co-
mission. Gunhong
Closing Remark by Daw Khin Saw Oo, deputy governor,Central Bank of
Myanmar. Gunhong
Myanmar Korea ADB Financial Forum. Gunhong
Myanmar Korea ADB Financial Forum. Gunhong
Opening Ceremory of A+
(Material/Creative/Cafe) Shop
U Nyan Tun Oo, minister of industry & electricity, Yangon Division.
Htun Htun Minn
U Nyan Tun Oo, minister of industry & electricity, Yangon Division.
Htun Htun Minn
Ribbon cutting. Htun Htun Minn
Grand Opening Ceremony of
Champion Construction
Materials Co.Ltd
Telenor Net Monday
32. June 12-18, 2014
Myanmar Business Today
mmbiztoday.com
32ENTERTAINMENT
Bground operations and
Yangon, the Vietnam-based
Aung Phyo
In addition to this promo-
ties in hotel availability and
booking travel to Myanmar,
therefore our aim is simplify
Myanmar have grabbed the
operators are also looking to
British adventure travel
tions for three of their Myan-
tourists visited Myanmar, an
one temple need? If it’s
Thanboddhay Pagoda,
tour of Europe, tourists quietly
take in the immense stained
The average pagoda tour on
Ella Morton Thanboddhay Pagoda is a
out praise for Buddha through
From statues inside the
the sides of the building itself,
Unlike many other temples
stand out against their shim-
been one of the largest tourist
Ella Morton is a writer
working on The Atlas Obscura,
a book about global wonders,
curiosities, and esoterica
adapted from Atlas Obscura.
Tanenhaus/CreativeCommons
Temples in the ancient city of Bagan.
BuffaloToursAgency
Thanboddhay Pagoda near Monywa, Myanmar.