Myanmar Business Today

Page 1

ENTERTAINMENT October 19-25, 2017

32

Myanmar Business Today mmbiztoday.com

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Flower Festival Coming In December mmbiztoday.com

MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL

October 19-25, 2017 | Vol 5, Issue 40

Tourism: Myanmar’s Untapped Potential

P-6

NEW REGULATIONS TO HELP RUBBER FARMERS BOUNCE BACK A slowing demand overseas for rubber, along with lower prices, is squeezing the pockets of local businesses, according to Mon State rubber plantations, where most of the rubber production takes place in the country. MOBILE BANKING SERVICE LICENSES FOR SOME OPERATORS Mobile payment services, such as OK Dollar and Wave Money are entitled to operate under the law, according to Central Bank of Myanmar, U Myint Thaung, Yangon Regional Minister for Planning and Finance, said at a parliamentary meeting in early October.

Zarni Min Naing

THAI’S POLICY WILL REFLECT TO MYAMAR’S AUTO MARKET IN NEGATIVE WAY According to U Tin Maung Htut, Future Public Transport Co.,Ltd, the move of Thailand’s automotive import policy and warehousing policy in the Myawaddy-Mae Sot border area will negatively impact Myanmar’s automotive market, especially for the Japanese used auto market.

P

founded in 1915. This lovingly maintained 435-acre botanical garden features more than 480 species of flowers, shrubs and trees. Last year's flower festival attracted millions of visitors, according to the report. Officials expect that this year's flower festival will draw more visitors. Besides displaying more than 130,000 foreign and local flower species including artificial ones, some souvenir shops will also be opened for the visitors.

Pyin Oo Lwin is a scenic hill town in Mandalay region and is located in the Shan Highland, some 67 km east of Mandalay and at an altitude of 1,070 meters. The town was estimated to have a population of around 255,000 in 2014. A bus ride from Yangon to Pyin Oo Lwin takes about 8 hours and cost between $12 - $21. Tickets can be purchased online at: https://myanmarbusticket.com

Zarni Min Naing

Zarni Min Naing

Zarni Min Naing

yin Oo Lwin in the northern part of the country — will hold a flower festival starting Dec. 1, 2017, the official Global New Light of Myanmar reported Wednesday. The Pyin Oo Lwin Flower Festival, will take place at the National Kandawgyi Botanical Garden, and will last for one month instead of two weeks, as it has the past 11 years. The National Kandawgyi Botanical Garden was

INVESTORS NEEDED FOR FARM REVIVAL Investors are needed for Myanmar’s state-owned livestock breeding farm and animal food processing factory. The factory has been shut down since 2013 and needs local or foreign investors to provide capital to revive the facility.


LOCAL BIZ October 19-25, 2017

MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL

Managing Director Prasert Lekavanichkajorn mbt.prasert@gmail.com 09 4511 30799 Board of Editors Editor - Andrew Johnson andrew-johnson@hotmail.com Editor-in-Charge & Translator Khaing Minn Nyo Reporters & Contributors Tin Mg Oo, Phyo Thu, Zin Thu Tun, Ei Thandar Tun, Kyaw Min, Lin Latt & Oak Kyaw Hein Design, Layout & Photography Zarni Min Naing zarni.circle@gmail.com Phyo Thu, Zin Thu Tun Naing Zaw Linn nzlinn.13@gmail.com DTP Chit Chit Oo Advertising Moe Htet Kyaw, Myo Thu Han, Zaw Moe, Naung Ko Oo, Zayar Min Advertising Hotline - 09 40 1563 054, 09 2547 62176, 09 961 215 890, 09 799 089 506, 09 798306293 Email - mbt.prasert@gmail.com Subscription moehtetkyaw.mpt@gmail.com 09 4015 63054 General Manager Wisuttiporn Wasiksiri wisuttiporn.mbt@gmail.com Publisher U Myo Oo (00527) Printing Shwe Naing Ngan (00296) No. 1A-3, Myintha 11th Street, South Okkalapa Township, Yangon. Tel: 951-85000 86, 8500 763 Fax: 951-8603288 ext: 007

2

Myanmar Business Today mmbiztoday.com

Business News in Brief

A joint venture investment between a Singaporebased company and a local company, Lat War Group of Companies to emerge an industrial zone that commits to create more than 100,000 job creations, are operating in Ye Ni, Bago Region. The industrial zone includes housing projects for housing, schools, garment factories, and papery factories. Ministry of Commerce is going to release an update auto policy 2018 that focus vehicle import for left-handdrive by the end of this month. The Yangon Region Government, the Embassy of Italy in Yangon and the Italian Agency for Development Cooperation (AICS)- Yangon Office - launched the “Technical Assistance Services to the Yangon Region Chief Minister Office and Support for the Requalification of Yangon Heritage” in the framework of the Project “Tourism and Cultural Heritage – Phase 1.

Norway-based Energeia Asset Management Company and Ministry of Industry on October 10 has made agreements to construct 10 solar power plants that includes a solar power plant in Mon State that can produce 28.6 megawatt. In September, a pound of Ribbed Smoked Sheets (RSS-3) — a type of rubber — was between K1,000 and K1,035 and it slid down to K825 per pound in the first week of October. The price per pound of RSS-3 peaked in 2011-2012 at K1,800, then the price skidded to around K900 - K1,000 per pound. Handicraftsmen in Myanmar are looking for overseas markets to sell their wares to, especially in Thailand, Vietnam, and Indonesia, according to Trade Promotion Department of Ministry of Commerce. The construction, energy, and mining sectors are the most attractive sectors for investors, and of them, the energy sector has the most potential, Mitsuo Ido, said at an event of “Dialogue for Quality Infrastructure” hosted by Myanmar Event Park, Mindama on October 12, 2017. Myanmar Gold Entrepreneurs Association (MGEA) expects that the Central Gold Exchange Market (CGXM) facility will be constructed before the end of this year. This is needed to help facilitate the local gold trade that includes banks, insurance companies, and financial organizations, according to U Kyaw Win, Secretary of MGEA. Myanmar Summary

yJc;l wdik ;f a&eDwiG f tcsed o f ;kH ESpMf umjrihNf y;D tvkyk t f udik f tcGit fh vrf;

wpfoed ;f ausmf zefw;D ay;Ekid rf nfh pufrNI rKd UawmfprD u H ed ;f udk ueOD; &if;ES;D jrK§ yEf rHS I tar&duefa':vmoef;wpf&mausmjf zifh pifumylEikd if H tajcpdu k f ukrÜPDwpfckESifh Lat War Group Of Companies wdkYu yl;aygif;vkyf udik v f su&f adS Mumif; od&onf/ tqdyk g pufrNI rKd UawmfwiG f 0efxrf; tdr&f m? pmoifausmif;? txnfcsKyfpuf½HkESihf puúLpuf½Hktp&SdonfhpufrI vkyfief;ESifhqdkifaom vkyfief;rsm;udk yg0ifrnf[k od&onf/

EVENTS

October 19-25, 2017

Golden City Partners with Yoma Bank to Offer Luxury Condo Units Under 15-Year Home Loan

- b,farmif;pepfudk OD;pm;ay;&ef tvm;tvm&Sdaom2018 ckESpf twGuf um;wifoGif;jcif;qdkif&m rl0g'udk ,ckvrukefrDwGif xkwfjyef oGm;rnfjzpfaMumif; pD;yGm;a&;ESifhul;oef;a&mif;0,fa&;0efBuD;Xmeu od&onf/ - &efuek w f ikd ;f a'oBu;D tpd;k &tzGJ o h nf tDwvDEikd if t H pk;d &ESihf tDwvD Edik if zH UHG NzKd ;wd;k wufrI yl;aygif;aqmif&u G af &;at*sipf D (&efuek )f wdo Yk nf c&D;oGm;vkyfief;ESifh ,Ofaus;rIqdkif&mtarGtESpfrsm;y½dk*sufxJrS wpfcjk zpfonfh &efuek Nf rKd UjytarGtESprf sm;jyefvnf jrifw h ifouf0ifap&ef &efuek w f ikd ;f a'oBu;D tm;enf;ynmtultnDay;jcif; y½d*k suu f kd atmuf wdkbmv 12 &ufu &efukefNrdKU Strand Hotel wGif aMujimcJhonf/

Opening Ceremony of Paradise Dynasty

- aemfa0;Edik if t H ajcpdu k f EnergeiaAsset Management ukrP Ü D ESihf pufrI0efBuD;XmewkdY yl;aygif;umvQyfppf"mwftm; 28 'or 6 rD*¾g0yf xGuf&Sdrnhf rGefjynfe,fpuf½Hk tygt0if aejcnfpGrf;tifoHk; vQyfppf "mwftm;ay; puf½Hk 10 ½Hkwnfaqmuf&efatmufwdkbmv 10&uf aeYu aejynfawmfpufrI0efBuD;Xme½Hk;wGif MOU a&;xdk;cJhonf/ - &mbmaps;EIef;onf 2011 ESifh 2012 ckESpfcefYu RSS-3 &mbm wpfaygifvQif usyf 1,800 cefx Y &d &dS mrS aemufyikd ;f wGif ESppf Of qufwu kd f usqif;vmNyD; ,ckESpfwGif tzGifhaps; RSS-3 trsdK;tpm;&mbm wpfaygifvQif usy9f 00 rS usyf 1000 0ef;usiaf ps;EIe;f &Scd NhJ y;D ,ck&ufyikd ;f wGif &mbmaps;EIe;f usqif;vmcJah Mumif; rGejf ynfe,f&mbmvkyif ef;&Sif rsm;u ajymMum;onf/ - jrefrmEdkifiHrS vufrIypönf;rsm;udk xdkif;? AD,uferfESifh tif'dkeD;&Sm; Edik if rH sm;odYk t"duxm; wifyo Ykd mG ;rnfjzpfaMumif; pD;yGm;a&;ESihf ul;oef; a&mif;0,fa&; 0efBu;D Xme? jrefrmhuek o f , G rf jI ri§ w hf ifa&;XmerS od&onf/ - jrefrmEdik if t H aejzifh jynfyrS &if;ES;D jrK§ yEf o HS rl sm;udk trsm;qH;k qGaJ qmif Edik o f nfh t"du u@ok;H ckrmS aqmufvyk af &;vkyif ef;? pGr;f tifvyk if ef; ESihf owåKwiG ;f vkyif ef;rsm; jzpfaeonft h wGuf tajccHtaqmufttHEk iS hf pufrv I yk if ef;rsm;vdt k yfryI rkd w kd ;kd csUJ vmonfEiS t hf rQ jrefrmEdik if \ H pGr;f tif aps;uGufonfwdk;wufvm&eftvm;tvmaumif;rsm;&Sdaeonf/ - ,ckESpfrukefrD a&TA[dkaps;uGufay:aygufvm&efarQmfrSef;xm; aMumif;ESifh a&TA[dak ps;uGuaf y:aygufvmrIwiG f yGiv hf if;jrifompGmaps; EIef;owfrSwfjcif;? tGefvdkif;toHk;jyKum a&Tta&mif;t0,fjyKvkyfjcif; ponfhaps;uGufay:aygufvm&ef vkyfaqmifoGm;rnfjzpfonf/

Press Conference of the 5th Asian SME Conference 2017

31

Myanmar Business Today mmbiztoday.com


EVENTS

30

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Myanmar International Tourism Expo: Kick Off Meeting

LOCAL BIZ October 19-25, 2017

New Laws on Employing Foreign Skilled Workers Zin Thu Tun

C

Agenda of The 5th International Exhibition of Construction, Power and Mining Myanmar 2017

Vivo Brings the V7+, Its Latest Flagship Selfie Shooter, to Myanmar

3

Myanmar Business Today mmbiztoday.com

ompanies wishing to employ foreign experts and technicians must submit a list of employees to the Myanmar Investment Commission (MIC) before seven days of their employment, according to the direction the Directorate of Investment and Company Administration (DICA) gave on October 3, 2017. Foreign “Experts and technicians” would include things like: engineering, consultants management level employees, etc. Companies are legally required to seek approval from the Myanmar Investment Commission before employing foreign experts and technicians. This list must include the work permit application form. Foreign experts and technicians’ personal information like passport number, nationality, occupation, employment duration; educational background, certifications and curriculum vitae (CV); the

number of foreigners and locals employed by the company; and the company’s most recent quarterly report, are all required information on the application form. “Any company who employs foreign experts and technicians needs MIC’s permission before they have confirmed the employment agreement with the foreigner,” U San Myint, Deputy Director General of Directorate of Investment and Company Administration, said. “After the approval from MIC, a company must submit the work permit to the Ministry of Labour, Immigration and Population. A stay permit is also required — from the Township Administrator — as well as visas, which can be obtained from the Immigration and National Registration Department,” U San Myint said. The Departmental Coordination Team, which was established and is located at DICA in Yangon, provides one stop servic-

es, including the management of the procedures for employing foreign experts and technicians. The notification will be effective from October 21, 2017, and all foreign and local companies have to abide the notification, according to DICA. To terminate employment of foreign experts and technicians, a resignation letter is required along with copies of return airline tickets to be submit to DICA.

Wherever possible however, preference should be given to Myanmar citizens and a company’s unskilled positions must be filled by Myanmar citizens. During the first year of a company’s operations in Myanmar, at least 25% of the skilled workforce of experts and technicians must be citizens of Myanmar. The second year increases to 50%, and the third year up to 75%, according to Myanmar

Foreign “Experts and technicians” would include things like: engineering, consultants management level employees, etc’

Company Act. Employment agreements for the appointment of staff must be in accordance with local laws. More information can be obtained from the Directorate of Investment and Company Administration’s (DICA) website here: http://www.dica. gov.mm/en Myanmar Summary

jrefrmEdkifiHwGif;odkY vma&muf tvkyfvkyfudkifrnfh EdkifiHjcm;om; ynm&Sirf sm;tm; tvky0f ifa&muf rnfh(7) &ufrwdkifcif jrefrmEdkifiH &if;ESD;jr§KyfESHrI aumfr&SifxHwifjy avQmuf x m;&rnf j zpf a Mumif ; tqdyk g aumfr&Sirf S atmufwb kd m (3)&ufwiG f xkwjf yefaMunm xm; onf/ EdkifiHwGif;odkY vma&mufvkyf udkif&mwGif jynfyEdkifiHjcm;om; ynm&Sifrsm;taejzifh udk,fa&; tusOf ; ?vma&muf o nf h E d k i f i H ? uRrf;usifvkyfom;\ tvkyfvkyf udkifcGifhjyKavQmufvTm? 0ifa&muf vk y f u d k i f r nf h &mxl ; ponf h t aMumif;t&mrsm;tm; BuKd wif wif

jy&rnfjzpfaMumif; &if;ESD;jr§KyfESHrI ESifh ukrÜPDrsm;qdkif&mnTefMum;rI OD;pD;XmerS 'kw, d nTeMf um;a&;rSL; csKyf OD;qef;jrifhu ajymonf/ tqd k y g owf r S w f c suf o nf atmufwb kd m(21)&ufwiG f pwif tusH K ;0if o uf a &muf rnf jzpf aMumif; &if;ESD;jrKyfESHrIESifhukrÜPD rsm;qdkif&mnTefMum;rIOD;pD;XmerS od&onf/ ceft Y yfciG jhf yKxm;aom Edik if jH cm; om;ynm&Sio f nfciG jhf yKoufwrf; ukefqHk;(odkY) rukefqHk;rDEIwfxGuf ygu EIwx f u G af Mumif;taxmuf txm;ESifhav,mOfvufrSwfrsm; udk yl;wGJwifjy&rnf jzpfonf/ EdkifiHjcm;om; vkyfief;&Sifrsm; onf uRrf;usifrI rvdktyfaom vkyfief;e,fy,fwGif jrefrmEdkifiH om;vkyfom; &mEIef;jynfhcefYtyf &rnfjzpfNyD; uRrf;usifrIvdktyf aom vk y f i ef ; e,f y ,f t wG u f jrefrmEdkifiHom; vkyfom;yg0if tcsK;d tpm;rSm yxr 2ESpw f iG f 25 &mcdkifEIef;? 'kwd,2ESpfwGif 50 &mcdkifEIef;? wwd,2ESpfwGif 75 &mcdik Ef eI ;f ceft Y yf &rnfjzpfaMumif; jref r mEd k i f i H u k r Ü P D r sm; tuf O ya'wGif azmfjyxm;onf/


LOCAL BIZ

4

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Yangon’s Future Hangs in The Balance Zin Thu Tun

L

Phyo Thu

Vehicle congestion makes the Yangon commuters make waste time and effort: this photo shows a traffic jam on Waizayandar Road, Thagangyun township, Yangon

create the conditions needed to further develop local industry and the manufacturing sector.” As a part of OBG’s work on “The Report: Myanmar 2018” - the global research and consultancy firm’s fifth publication on the country’s economy will include an in-depth interview with the chief minister. The report will also chart the progress of the many infrastructure project earmarked for Yangon and the rest of the country. These will form an essential component of efforts to meet rising demand for public services, and launch the founda-

tions for sustainable economic growth. Yangon’s severe infrastructure gaps - which have been exacerbated by the city’s growing populations - were also key topics of discussion at the meeting. U Phyo Min Thein said: “Yangon’s expansion in recent decades has not been followed by the modernization of its infrastructure, and this is now putting pressure on the city’s management and public services.” Traffic congestion is a major problem across the city, and is made worse by the poor state of Yangon’s roads and the absence of

an integrated system of public transportation. The regional government has introduced a centralized traffic management system; it has also started to work on solutions to improve mobility and begin addressing the challenges it faces. In the meeting, U Phyo Min Thein highlighted the key role that the centralization of the city’s bus network is likely to play in providing “an integrated and affordable” service for Yangon’s citizens. The report will include information on macroeconomics, infrastructure, banking, agriculture and other developments.

Myanmar Summary

&efukefNrdKUawmfudk a'owGif; pD;yGm;a&;ukeo f , G rf I A[dck suf wpf ckjzpfvmap&ef &nf&, G í f &efuek f wd k i f ; a'oBuD ; tpd k ; &tzG J U ES i f h Oxford Business Group udk,f pm;vS,t f zGUJ wdYk yl;aygif;um zGUH NzKd ; wd;k wufapa&; a&&Snt f pDtpOf rsm; aqG;aEG;cJhMuonf/ &efukefNrdKUawmf\ wdk;wufvm onfh vlO;D a&? pD;yGm;a&;ukeo f , G rf I NrKd Uawmftjzpf wnf&adS ejcif;aMumifh tdrfeD;csif;EdkifiHrsm;twGuf EdkifiH wumaps;uGurf sm;ESihf csw d q f uf Edik rf nfh yifr0ifaygufjzpfjcif; tay: tm;omcsuf r sm;ud k toH k ; cs íwnfaqmufoGm;rnf[k arQmf rSef;xm;aMumif; &efukefwdkif;0ef

29

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Mobile Banking Service Licenses for Some Operators Lin Latt

M

obile payment services, such as OK Dollar and Wave Money are entitled to operate under the law, according to Central Bank of Myanmar, U Myint Thaung, Yangon Regional Minister for Planning and Finance, said at a parliamentary meeting in early October. The question of the bank’s licensing procedures arose after Fintech Company was granted a Mobile Financial Service license for its OK Dollar service by Central Bank of Myanmar (CBM) in August. On October 3, Daw Sandar Min, Member of Yangon Regional Parliament from Seikgyi Kanaungto’s No-1 constituency, asked parliament whether the government was planning to take action over illegal mobile payment services such as OK Mobile, Wave Money and Ongo, and how it intended to regulate the industry. There are two types of financing service for mobiles: the first is mobile financial services (MFS), meaning the provision for payments and financial services through the use of mobile technology in-

frastructure and the second is mobile financial service providers (MFSP), referring to mobile network operators or nonbank financial institutions holding a registration certificate from the Central Bank of Myanmar. The CBM currently issues two licenses for mobile-based financial service providers and Fintech operators in Myanmar. The MFS license was first issued in 2016 and these are given to operator-led firms like OK Dollar, Wave Money and M-Pitesan. “Based on regulations controlling mobile financial services issued in March 2016, Central Bank of Myanmar permits non-bank financial institutions to operate,” said Regional Minister U Myint Thaung. The Minister said that the illegal mobile banking service will be regulated soon under Financial Institutions and Foreign Currency Management Laws. “A mobile banking service is a system that we should use, as it allows quick and safe money remittance. But in the licensing process, CBM is fully responsible for scrutinizing the history and background of the Fin-

tech institutions to ensure a safe and trustworthy service for customers. The Central Bank of Myanmar should publish a list of legal mobile banking services that already have an operating license,” Daw Sandar Min said. If the Central Bank prosecutes an illegal mobile banking service, the operator faces a 2 - 5 year prison sentence and a fine not exceeding K500m under current laws. Myanmar Summary

&efukefwdkif;a'oBuD;twGif;

aqmif&Gufaeonfh Ok Dollor, WaveMoney tp&So d nfh rdb k ikd ;f aiGa&;aMu;a&; 0efaqmifrI vkyf ief ; rsm;onf A[d k b Pf c G i f h j yK csufjzifh w&m;0ifvkyfaqmifae aom vkyfief;rsm;jzpfaMumif;&ef ukefwdkif;a'oBuD; tpdk;&tzJGU pD r H u d e f ; ES i h f b@ma&;0ef B uD ; OD;jrihfaomif;u ajymMum;onf/ atmufwdkbm 3 &ufuusif;y onfh &efukefwdkif;a'oBuD;vTwf awmftpnf;ta0;wGif qdyfBuD; caemif w d k N rd K Ue,f ? rJ q E´ e ,f trSw(f 1) vTwaf wmfu, dk pf m;vS,f a':pE´mrif;\ ]]&efuek w f idk ;f a'o BuD;twGif;us,fjyefYpGm aqmif

&Guf aeaomaiGa&;? aMu;a&;tzJUG tpnf ; rsm;jzpf a om Ok Pay, Wave Money, Ongo ponf h vkyfief;rsm;onf w&m;0ifvkyf ykdifcGihf &&Sdxm;jcif;&Sd? r&Sd? w&m; 0if vkyfydkifcGihfvdkifpifr&Sdao;bJ vkyfukdifaeaom aiGa&;aMu;a&; tzJUG tpnf;rsm;ukd rnfonfOh ya' ESihfta&;,laqmif&GufcGihf&Sdyg oenf;? rnfonfah iGa&;? aMu;a&; tzJGUtpnf;rsm;onf rnfonfh vkyif ef;oabmobm0\atmuf wGif&Sdygoenf;}}qdkonfh ar;cGef; ar;jref;rItay: 0efBuD;u,if; odkY ajzMum;cJhjcif;jzpfonf/ Mobile Platform udk toHk;jyK

Cyber Banking for Yangon Police Kyaw Min

O

n September 29, one of Myanmar’s Fintech Companies, Myanmar Mobile

Money Service Company, worked with Yangon Police Force by providing 50 point of sale terminals for mobile banking services for police officers and

í aiGa&;aMu;a&; 0efaqmifraI y; onfh vkyif ef;rsm;onf yHpk t H m;jzihf ESpfrsKd;&SdaMumif;? yxryHkpHonf bPfO;D aqmifryI pkH jH zihf aqmif&u G f cGihfjyKaom rdkbdkif;bPfvkyfief; jzpfNy;D 'kw, d yHpk o H nf aiGa&;aMu; a&;0efaqmifrv I yk if ef;jzpfaMumif; 0efBu;D OD;jrifah omif;u ajymonf/ A[dkbPfuxkwfay;aomrSwf yHw k ifvufrw S rf &Sb d b J Pfr[kwf aomaiGa&;aMu;a&;tzJUG tpnf; rsm;tjzpf xlaxmifvkyfudkifjcif;? vdkifpifr&SdbJtyfaiGvufcHonfh vk y f i ef ; ud k a qmif & G u f a Mumif ; axmif'PfcsrSwfrnfjzpfaMumif; od&onf/

Phyo Thu

ong-term plans to develop Myanmar’s largest city, Yangon, into a regional economic and trading hub were recently discussed. This was the subject of a meeting held between Yangon’s Chief Minister U Phyo Min Thein and a team from the Oxford Business Group (OBG). Yangon’s Chief Minister U Phyo Min Thein told OBG’s representatives that the regional government aimed to build on Yangon’s competitive advantages. A growing population, the traditional role as the country’s main commercial and trading city, and its strategic location are all advantages that will help Yangon become the gateway for Myanmar’s landlocked areas to access international markets. Bringing the regional government’s vision for the city to fruition as a relevant center of economic activity in the region will require the rolling out of the major transportation and logistics projects. These will connect Yangon to the rest of the country, and improve mobility within the city itself. “Maritime trade will play a determinant role, since 90% of the goods imported into Myanmar enter through the ports of Yangon,” Yangon’s Chief Minister U Phyo Min Thein said. He also said: “we will have to expand dry port and storage capacity to

BuD;csKyf OD;NzdK;rif;odef;u OBG ud, k pf m;vS,t f zGUJ tm; ajymMum; cJh onf/ ]]jrefrmEdkifiHudk wifoGif;vmwJh ukefypönf;awG&JU &mcdkifEIef; 90 cefYu &efukefqdyfurf;uae 0if a&mufwmjzpfwt h J wGuf a&aMumif; ukefoG,frI[mta&;ygwJh tcef; u@tjzpf jzpfwnfvmyg vdrfh r,f}}[k 0efBuD;csKyfrS &Sif;vif; ajymMum;onf/ &efukefNrdKUESifh tjcm;aom jref rmEdik if &H adS 'orsm;tMum;NrKd UwGi;f ydkY aqmifqufo, G af &;wd;k wufaumif; rGev f map&efvt kd yfNy;D pufrv I uf rIvyk if ef;ESihf ukex f w k v f yk rf u I @ wd k ; wuf a p&ef uk e f ; wG i f ; qd y f urf;ESifh ukefodkavSmifEdkifaom yrmPrsm;wd k ; csJ o if h o nf [ k 0efBuD;csKyfrS qkdonf/ tqdyk gawGUqHyk w JG iG f &efuek Nf rKd U awmf\ tajccHtaqmufttHk u@vd k t yf c suf j rif h r m;rI r S m t"d u vd k t yf c suf wpf c k j zpf aMumif; xnfhoGif;aqG;aEG;cJhMu onff/ ]]NyD;cJhwJh q,fpkESpftwGif;rSm &efukefNrdKU[m wdk;wufus,fjyefY vmayr,fh tajccHtaqmufttHk uawmh vd k t yf o avmuf w d k ; wufvmwm r&Syd gbl;/ 'gaMumifh tcktcsdefrSm &efukefNrdKU&JU pDrH cefcY rJG eI YJ trsm; jynfo0l efaqmifrI vkyif ef;awGtay: zdtm;awG us a&mufvmwmyg}}[k 0efBuD;csKyf OD;NzdK;rif;odef;u qdkonf/ &efuek Nf rKd UtESYH tjym;wGif ,mOf vrf ; aMumif ; yd w f q d k Y j cif ; onf t"d u jyóemwpf & yf j zpf N yD ; aumif;rGefaom vrf;rsm;r&Sdjcif; ESihf Ny;D jynfph akH om o,f,yl aYkd qmif jcif;r&Sjd cif;aMumifh ydrk q kd ;kd 0g;aom tajctaersm;jzpf a y:vsuf &Sdonf/

IT & TELECOM

their families, according to Yangon Police Force. In the collaboration for virtual money remittance service, Yangon Police Force will take 70 per

cent of the profit, while the company gets 30 per cent. Divisions of Yangon Police Force wishing to work with the company must deposit funds at Innwa Bank Limited and Myanma Economic Bank. “The point of sale will be great benefit for us for mobile banking services and mobile top up,” Major Hla Wai of Yangon Police Force told Myanmar Business Today. The 50 POS will be allocated to several divisions of Yangon Police Force soon and user-friendly training will be provided. Myanmar Summary

jrefrmrdb k ikd ;f aiGaMu; 0efaqmif

rI ukrÜPDrS &efukefwdkif;a'oBuD; &JwyfzGJUrSL;½Hk;rS &JwyfzJGU0efxrf; rsm;twGuf rdb k ikd ;f zke;f aiGjznfjh cif; ESihf aiGvaJT iGxw k o f nfv h yk if ef;rsm; aqmif&u G Ef ikd &f ef MMM Points of sales (POS)puftvH;k ig;q,f udkay;tyfcJhaMumif; &efukefwdkif; a'oBu;D &JwyfzUJG rSL;½H;k rS od&onf/ tqdkyg POSpufrsm;jzifh zkef; aiGjznfjh cif;vkyif ef;? aiGvaJT iGxw k f vkyif ef;rsm; aqmif&u G Ef ikd rf nfjzpf NyD; ,if;uJhodkY vkyfief;rsm;aqmif &GufEdkif&eftwGuf 0efaqmifrIu tusdK;tjrwfudkvnf; jrefrmrdk bdik ;f vf aiGaMu;0efaqmifrI ukrP Ü D rS 30 &mcdik Ef eI ;f &rnfjzpfNy;D &efuek f wdik ;f a'oBu;D &JwyfzUJG rS70&mcdik f EIe;f &&Srd nfjzpfaMumif; od&onf/ ,if;ESiyhf wfoufNy;D &efuek w f ikd ;f a'oBuD; &JwyfzGJUrSL;½Hk;rS &JrSL;vS

a0u ]]&JwyfzUJG 0ifawGtaeeJY wyf zGUJ tcsi;f csi;f Xmeqdik &f m twGuf vdt k yfwb hJ wf*suf aiGaMu;awGukd 'DpuftoH;k jyKNy;D aiGoiG ;f aiGxw k f vkyfief;awGudk aqmif&GufEdkifrSm yg/ rdb k ikd ;f zke;f aiGjznfw h hJ vkyif ef; awGvnf; aqmuf&u G Ef ikd rf mS jzpfyg w,f}}[k MBT odY k ajymMum;onf/ &efukefwdkif;a'oBuD; &JwyfzGJU taejzifh vufcHxm;onfh POS puf tvH;k ig;q,fu&kd efuek w f ikd ;f a'oBu;D twGi;f &Sd c½dik Ef iS hf NrKd Ue,f &JwyfzGJUrSL;½Hk;rsm;odkYvnf; tqifh qifhay;tyfoGm;rnfjzpfonf/ tqd k y g POS puf r sm;ud k pufwifbm29 &ufu jrefrmrdk bdkif; aiGaMu;0efaqmifrIukrÜPD vDrdwufrS &efukefwdkif;a'oBuD; &JwyfzGJUrSL; ½Hk;wm0ef&Sdolrsm;xH vSL'gef;cJNh y;D puftoH;k jyKyrkH sm;ESihf ywfoufum &JwyfzGJU0ifrsm;ESifh pma&; 0efxrf;rsm;tm; &Sif;vif; jyocJhaMumif; od&onf/


28

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

INTERNATIONAL & DOMESTIC FLIGHT SCHEDULES INTERNATIONAL FLIGHT SCHEDULES BANGKOK TO YANGON

YANGON TO BANGKOK Flights PG 706 8M 335 TG 304 PG 702 TG 302 PG 708 8M 331 PG 704 PG 704 Y5 327 TG 306

Days Daily Daily Daily Daily Daily Daily Daily Daily 7 Daily Daily

Dep 06:05 07:30 09:50 10:30 14:50 15:20 16:30 18:20 19:30 19:00 19:50

Arr 08:20 09:15 11:45 12:25 16:45 17:15 18:15 20:15 21:45 20:50 21:45

Flights TG 303 PG 701 Y5 238 8M 336 TG 301 PG 707 PG 703 PG 703 TG 305 8M 332 PG 705

Days Daily Daily Daily Daily Daily Daily 1,2,3,4,5,6 7 Daily Daily Daily

YANGON TO DON MUEANG

Flights DD 4231 DD 4235 FD 252 FD 256 FD 254 FD 258

Days Daily 1,3,5,7 Daily Daily Daily Daily

Dep 08:00 12:00 08:30 12:55 17:35 21:40

Arr 09:45 13:45 10:20 14:40 19:25 23:30

Days Daily 5,6,7 Daily Daily Daily Daily 2 Daily 1,3,5 4,6 2,3,5

Dep 08:10 14:10 09:45 09:45 10:35 11:45 13:45 17:30 14:20 16:20 19:30

Arr 12:40 18:40 14:15 14:35 15:10 16:20 20:50 22:05 18:50 20;50 0:10+1

Flights DD 4230 DD 4234 FD 251 FD 255 FD 253 FD 257

Days Daily Daily Daily 2,4,5 Daily 1,4,6,7 Daily

Dep 08:30 19:10 12:15 12:00 12:15 16:00 16:00

Arr 12:45 23:30 16:30 16:00 16:30 20:15 20:15

Days 2,4,6

Dep 13:10

Days Daily 5,6,7 Daily Daily Daily Daily 2,4,6 Daily 2 4,6 2,3,5

Days 3,5,7

Dep 23:50

Days 2,4,7 5 3,6 1,5

Dep 08:40 20:55 11:35 17:40

Days Daily Daily Daily 2,4,5 Daily 1,4,6,7 Daily

Arr 17:00

Flights AK 1508

Days 2,4,6

Days Daily

Dep 10:50

Arr 05:50+1

Flights CA 905

Days 3,5,7

Days Daily 3 1,2,4,5,6,7,

Dep 12:30 12:40 14:50

Flights CZ 3055 CZ 3055 8M 712 8M 712

Arr 16:10

Flights CI 7915

Days 1,3,5,6,7 Daily

Dep 19:10 13:00

Days 3,6 1,5 2,4,7 6

Days 2,3,4,5,7

Dep 12:10

Days 1,3,4,6,7

Dep 08:05

Flights MU 2011 CA 415 MU 2031

Arr 21:30 15:30

Flights VN 957 EK 389

Days 4,7 Daily

Dep 00:50 23:55

Days Daily 1,3,5,7

Dep 01:10 09:00

Arr 15:00

Flights VN 943

Days Daily

Dep 22:10

Arr 11:30

Flights QR918

Days 2 5

Dep 11:45 19:45

Flights 8M 601 UB 7001

Days Dep 1,3,5,6 12:50 Daily 23:55 4,7 00:40 YANGON TO GAYA Days 1,2,3,6 2,4,6

Dep 12:00 10:30

Arr 22:50

Dep 08:35 14:40 14:15 03:30

Arr 10:35 16:40 15:50 05:05

Dep 07:00

Arr 09:50

Dep 08:25 11:10 13:30

Arr 11:50 11:30 14:00

Days 1,3,5,6,7 Daily

Dep 16:50 22:50

Arr 18;10 00:20

Days 2,3,4,5,7

Dep 09:35

Arr 11:10

Dep 20:10

Arr 05:20

SEOUL TO YANGON Arr 08;50 07:45+1

Flights KE 471 OZ 769

Arr 05:25 13:30

Days Daily 3,6

Dep 18:30 19:30

Arr 22:30 23:40

HONG KONG TO YANGON Flights KA252 KA 250

Days 2,4,6 1,3,5,7

Dep 22:20 21:45

Arr 00:15+1 23:45

TOKYO TO YANGON Arr 06:45+1

Flights NH913

Days Daily

Dep 11:45

Arr 17:15

DHAKA TO YANGON Arr 13:00 21:00

Flights BG 060 BG 060

Arr 14:45 07:45+1KE 08:40 0Z

Flights PG723 8M7701 8M7501

Dep 13:50 10:10 10:15

Arr 16:40 12:55 13:00

KUNMING TO MANDALAY Flights MU 2029 8M720 8M720

Flights MI 533 Mi 522 Y5 2233

Days 2 4,6 1,2,4,5,6

Dep 15:45 14:15 07:50

Arr 20:50 20:50 14;15

Flights MI 533 MI 522 Y5 2234

Days Daily

Dep 12:55

Arr 15;15

Flights FD 244

Days Daily 1,3,5

Dep 14:15 09:40

Days Daily

Arr 16:40 11:55

Flights PG 709

Arr 16:30

Flights AI 235

Days Daily

Days 2

Dep 13:10

Days 1,5 5

Dep 14:05 18:45

Arr 17:20 19:45

Days 2,4,6 1,5 1,5

Dep 06:15 11:00 13:55

Arr 08;05 12:50 15:25

NAY PYI TAW TO BANGKOK Flights MU 2030

Days Daily

Dep 13:50

Days 2

Flights AI 236 AI 233

YANGON TO CHIANG MAI Flights Y5 251 7Y 305 UB 009

Days 1,5 5

Days Daily

Dep 01:50

Arr 15:00 15:30 16:30

Dep 11:10

Arr 12:25

Dep 12:05

Arr 13:25

Dep 07:00

Arr 12:20

Dep 13:10 13:30

Arr 14:10 18:00

Days 2,4,6 1,5

Dep 09:25 13:45

Arr 10:15 14:35

Arr 16:40

BANGKOK TO NAY PYI TAW Flights Days Dep Arr MU 2029 Daily 12:50 14:55

Arr 05:05

Flights EK 388

YANGON TO NAY PYI TAW Days 1,2,3,4,5 1,2,3,4,5,6 1,2,3,4,5,7

Dep 07:00 11:00 17:00

Arr 13:20 12:00

Flights 8M 602

Days 2 5

Dep 16:30 16:30

Arr 18:40 18:45

Days 1,3,5,6 Daily 3,6

Dep 11:00 18:30 19:20

Arr 08:00 12:00 18:00

Days Daily

Dep 03:30

GAYA TO YANGON Days 1,2,3,6

Dep 14:20

Arr 17:40

Arr

Flights

Days

Dep

Arr

YJ 891 YJ 881

Daily Daily

06:00 06:10

08:50 08:30

YJ 891

Daily

09:05

10:15

YJ 881

Daily

08:45

10:55

YJ 761 YJ 751

1,2,4 3,5,7

11:00 11:00

12:10 12:10

YJ 761 YJ 752

1,2,4 3,5,7

15:50 17:15

17:00 18:25

YJ 233

6

11:30

12:40

YH 917 YH 731

Daily Daily

06:10 15:00

09:00 16:10

YJ 602 YH 918

6 Daily

16:25 09:35

17:35 10:45

YH 728

1

16:00

08:10

YH 727 YH 915

1,3,5,7 2

11:15 06:30

12:25 08:45

YH 731/732 YH 916

Daily 2

16:25 09:00

19:15 10:10

YH 505

2,4,6,7

10:30

11:40

YH 506

4,6,7

11:15

14:00

K7 282 K7 242 K7 266 K7 240

Daily Daily Daily Dialy

06:00 07:00 08:30 10;00

08:55 09:15 09:40 12:15

YH 912

2

16:15

17:25

K7 263 K7 243 K7 249

Daily Daily Daily

10:00 09:30 10:30

12:15 11:35 11:40

MANDALAY TO HEHO

Days 1,2,3,4,5 1,2,3,4,5,6 1,2,3,4,5,7

Dep 09:30 13:30 18:30

YANGON TO NYAUNG U

HEHO TO MANDALAY

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

Y5 101/101 Y5 505/506

Daily 3,5,7

08:30 16:10

09:00 16:40

Y5 201/201 Y5 505/506

1,3,5,7 3,5,7

16:10 10:10

16:40 10:40

YANGON TO SITTWE

SITTWE TO YANGON

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

ND 501 YH 511 K7 422 7Y 417 Y5 403/403

Daily 1,3,5 Daly Daily 5,7

13:30 10:30 13:00 11:00 10:50

14:50 11:20 14;50 12:50 12:10

ND 502 K7 423 K7 227 7Y 417 Y5 401/401

Daily Daily 2,4,6 Daily 1,3

15:15 15:05 16;30 13:05 13:00

16:35 16:25 19;00 14:25 14:20

MYITKYINA TO YANGON

YANGON TO MYITKYINA Arr 11:40

NAY PYI TAW TO YANGON Flights ND104 ND110 ND122

Arr 10:30 14:30 19:30

Flights ND 001

Days 2,3,5,6

Dep 07:30

Arr 09:05

Flights ND 002

YJ 201 YJ 233/234 YH 835

1,2,3,4 6 1,3,4,6

11:30 11:30 07:00

14:20 15;40 09:50

YH 831 K7 622

5,6 Daily

07:00 12:30

YJ 202 YJ 234 YH 836

Days 2,3,5,6 1,2,3,4 6 1,3,4,6

Dep 14:30 14:35 15:55 11:55

Arr 15:25 18:05 18:05 14:45

09;25 15:20

YH 832 K7 623

5,7 Daily

13:30 15:35

15:55 18:25

Arr 10:45

Flights YH 836

YANGON TO PUTAO Flights YH 835

Days 1,3,4,6

Dep 07:00

PUTAO TO YANGON Days Dep Arr 1,3,4,6 11:00 14:45

NYAUNG U TO YANGON

Flights ND 335

Days Daily

Dep 17:00

Arr 18:15

Flights ND 336

Y5 101/101 Y5 102/102 Y5 602/602 YH 917 YH 731 YH 909/910 K7 282 K7 248 7Y 264 K7 262 7Y 242 K7 248 7Y 240

Daily 2,4,6 Daily Daily Daily Daily Daily Daily Daily Daily Daily Daily Daily

06:00 10:50 18:30 06:10 15:00 06:00 06:00 08:45 14:30 06:00 07:00 08:00 10:00

07:20 12:10 19:05 07:30 17:40 08:10 07:20 10:05 16:35 07:20 08:20 09:20 11:20

Y5 201/201 Y5601/601 Y5601/601 YJ 881 YH 910 YH 732 YH 915/916 YH 917/918 K7 283 K7 248/249 K7 242/243 K7 265 K7 263 7Y 131

Days Daily 1,3,5,7 1,2,4,6 3,5,7 Daily Daily Daily 2 Daily Daily Daily Daily Daily Daily Daily

Dep 18:40 17:50 07:20 07:00 07:50 08:25 17:55 08:05 07:45 10:05 10:20 08:35 16:50 10;55 08:35

Arr 19:55 19:10 08:40 08:20 10:55 09:45 19:50 10:10 10:45 11:25 12:25 11:35 18:10 12;15 11:15

YANGON TO KYAUK PHYU

KYAUK PHYU TO YANGON

Flights

Days

Dep

Arr

Flights

ND 9001

1,4

07:30

08:35

ND 9002

Arr 13:15 13:00 14;45 15:45

Flights YJ 752 K7 829 K7 829

YANGON TO LASHIO Flights YJ 751 YH 729 K7 828 K7 828

Days 3,5,7 2,4,6 1,3,5 1,3,5

Dep 11:00 11:15 12:30 13:30

NYAUNG U TO MANDALAY

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

Y5 601/601 Y5 601/601

1,2,4,6 3,5,7

06:30 06:10

07:00 06:40

Y5 101/101 Y5 602/602

Daily Daily

07:40 20:10

08:10 20:40

MANDALAY TO YANGON

YANGON TO MANDALAY Flights 8M719

Days 1,3

Dep 08:00

Arr 09:10

8M719 Y5 811/812 YJ 891 YJ 201 YJ 761 YJ 211 YJ 601 YH 917 YH 731 YH 909 YH 835 YH 727/737 YH 911

5 Daily Daily 1,2,3,4 1,2,4 4,7 6 Daily Daily Daily 1,3,4,6 1,3,5,7 2

08:05 07:00 06:00 11:30 11:00 11:30 11:00 06:10 15:00 06:00 07:00 11:15 11:00

09:15 08:10 08:05 12:55 12:55 12;55 12:25 08:15 16:55 07:25 08:25 13:10 12:25

YH 729 YH831 K7 262 K7 244 K7 622 K4 226 K7 282

2,4,6 5,7 Daily Daily 1,3,5,7 2,4,6 Daily

11:15 07:00 06:00 08:15 12;30 13:45 06:00

14:00 11:20 08:05 09:40 13:55 15:10 08:05

Flights

Days

Dep

Arr

8M720 8M720 Y5 101/101 YJ 891 YJ 202 YJ 212 YJ 602 YJ 234 YH 918 YH 910

1,3 5 1,2,3,4,5,67 Daily 1,2,3,4 5,7 6 6 Daily Daily

14:50 15:55 08:50 08:20 16:00 15:30 15:40 17:20 08:30 07:40

16:00 17:05 10:00 10;15 18:05 17:35 17:35 18:45 10:45 09:45

YH 732 YH 836 YH 738 K7 282/283 K7 244/245

Daily 1,3,4,6 3,5,7 Daily Daily

17:10 13:20 17:25 08:20 09:55

19:15 14:45 18:50 11:25 12;50

K7 623 K7 267 K7 227 7Y 131 7Y 942 7Y 243

Daily Daily 2,4,6 Daily 1,2,6 2,5

17:00 10:45 17:35 09:20 17:40 16:55

18:25 12:45 19:00 11:15 19:05 19:00

THANDWE TO YANGON

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

YJ 881 YH 511 YH 505 K7 422 K7 242/243 K7 244

Daily 1,3,5 2,4,6,7 Daily Daily Daily

06:15 10;30 10:30 13:00 07:00 08:15

09:45 11:20 12;55 13;50 10:30 11:45

YJ 881 K7 243 K7 245 7Y 121 7Y 417 Y5 403/403

Daily Daily Daily Daily Daily 5,7

10:00 10:45 12:00 09:50 12:05 13:10

10:55 11:35 12:50 10:40 14:25 14:20

Days

Dep

Arr

1,4

13:00

14:05

LASHIO TO YANGON

YANGON TO TACHILEIK

Days 3,5,7 1,3,5 1,3,5

Dep 16:10 16:00 15:00

Arr 18:25 18:15 15:50

TACHILEIK TO YANGON

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

K7 844 K7 826

1,3,5,7 2,4,6

13:30 12:30

15:10 14;55

K7 845 K7 827

1,3,5,7 2,4,6

15:25 15:10

17:05 17:35

LOIKAW TO YANGON

YANGON TO LOIKAW MANDALAY TO NYAUNG U

YANGON TO THANDWE Arr 11:55 22:30 23:30

Dep

DUBAI TO YANGON

DOMESTIC FLIGHT SCHEDULES Flights ND101 ND107 ND117

HEHO TO YANGON

Days

CHIANG MAI TO YANGON Flights Y5 252 7Y 306

YANGON TO DUBAI Flights EK 389

Arr Dep 12:55 13:45 13:25 14:15 07:20

KOLKATA TO YANGON

YANGON TO KOLKATA Flights AI 234 AI 228

TO MDL

YANGON TO HEHO Flights

DELHI TO YANGON

YANGON TO DELHI Flights AI 236

Arr 15:55 14:55 13:50

BANGKOK TO MANDALAY

MANDALAY TO BANGKOK Flights PG 710 UB 021

Days Dep 2 11:35 4,6 11:35 Daily

Dep 12:55 15:00 13:55

DON MUEANG TO MANDALAY

MANDALAY TO DON MUEANG

Flights FD 245

Days Daily 5 1,3 SIN TO RGN

MANDALAY TO SINGAPORE

INCHEON TO YANGON

YANGON TO INCHEON Flights PG724 8M7702 8M7502

Days 3 Daily 1,2,4,5,6,7

Days 2,3,5,6,7

YANGON TO DHAKA Flights BG 061 BG 061

Dep 19:30

DOHA TO YANGON

YANGON TO TOKYO Flights NH914

Arr 12:45

HO CHI MINH TO YANGON

YANGON TO HONG KONG Flights KA 251 UB 8027

Dep 12:00

HANOI TO YANGON

YANGON TO SEOUL Flights OZ 770 KE 472

Arr 08:00 18:30 11:15 18:00 11:15 15:05 15:05

KUNMING TO YANGON

YANGON TO DOHA Flights QR919

Days Daily

Arr 15:55 18:50 18:15

YANGON TO HO CHI MINH Flights VN 942

Dep 06:55 17:20 10:05 17:00 10:05 13:55 13:50

TAIPEI TO YANGON

YANGON TO HANOI Flights VN 956 EK 388

Arr 15:15 21:30 08:45 08:50 09:20 10:40 12:45 16:40 12:55 15:30 10:40

GUANGZHOU TO YANGON

Arr 13:15 01:30+1 15:55 22:10

YANGON TO KUNMING Flights CA 416 MU 2012 MU 2032

Dep 13:45 20:00 07:20 07:20 07:55 09:10 11:30 15;15 11:35 11;35 05:20

BEIJING TO YANGON

YANGON TO TAIPEI Flights CI 7916

Arr 07:05 11:15 08:00 12:25 17:05 21:10

Days Daily 1,3 5

PENANG TO YANGON

YANGON TO GUANGZHOU Flights 8M 711 8M 711 CZ 3056 CZ 3056

Dep 06:20 10:30 07:15 11:35 16:20 20:15

KUALA LUMPUR TO YANGON

Flights AK 504 AK 502 MH 740 8M 502 8M9505 8M9507 MH 742

YANGON TO BEIJING Flights CA 906

Days Daily 1,3,5,7 Daily Daily Daily Daily

Flights 8M 232 8M234 TR 2822 Y5 2234 SQ 998 3K 581 MI 533 MI 518 MI516 MI 522 3K583

YANGON TO PENANG Flights AK 1509

Arr 08:45 09:40 22:20 11:00 13:50 14:30 17:35 18:45 18:50 20:05 21:30

SINGAPORE TO YANGON

YANGON TO KUALA LUMPUR

Flights AK 505 AK 503 MH 741 8M 501 8M9506 8M9508 MH 743

Dep 08:00 08:45 21:30 10:15 13:05 13:40 16:45 17:55 18:05 19:20 20:15

DON MUEANG TO YANGON

YANGON TO SINGAPORE Flights 8M231 8M233 Y5 2233 TR 2823 SQ 997 3K 582 MI 533 MI 519 MI 515 MI 522 3K584

MANDALAY TO KUNMING Flights MU 2030 8M719 8M719

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

K7 442

1,3,5,7

12:00

13:00

K7 442

1,3,5,7

13:15

14:15

YANGON TO MAWLAMYINE

MAWLAMYINE TO YANGON

Flights

Days

Dep

Arr

TO Flights MAWLAMYINE Days Dep YANGON Arr

7Y 538

Dialy

18:40

19:15

7Y 537

YANGON TO DAWEI

Dialy

06:10

06:45

DAWEI TO YANGON

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

K7 319

7

07:00

08:10

K7 320

7

12;25

13;35

YANGON TO MYEIK

MYEIK TO YANGON

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

K7 319

7

07:00

09:05

K7 320

7

11:30

13;35

YANGON TO KAW THAUNG

KAW THAUNG TO YANGON

Flights

Days

Dep

Arr

Flights

Days

Dep

Arr

ND 821

2,3,5,7

08:00

10:00

ND 822

2,3,5,7

10:45

12:55

Airline Codes 3K 6T 7Y 8M BG CA CI CZ DD EK FD K7 KA

= = = = = = = = = = = = =

Jet Star Air Mandalay Mann yadanarpon Airlines Myanmar Airways International Biman Bangladesh Airlines Air Chaina China Airlines China Southern Nok Airline Emirates Air Asia Air KBZ Dragonair

KE = MI = MU = MH = ND = NH = PG = QR = SQ = TG = TR = VN = W9 =

Korea Airlines Silk Air China Eastern Airlines Malaysia Airlines FMI Air All Nippon Airways Bangkok Airways Qatar Airways Singapore Airlines Thai Airways Tiger Airline Vietnam Airlines Air Bagan

Y5 = Golden Myanmar Airlines YH = Yangon Airways YJ = Asian Wings Day 1 2 3 4 5 6 7

~ ~ ~ ~ ~ ~ ~

Monday Tuesday Wednesday Thursday Friday Saturday Sunday

5

October 19-25, 2017

Myanmar Business Today mmbiztoday.com


LOCAL BIZ

IT & TELECOM

6

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

October 19-25, 2017

MPT Phone Network Upgrade

Beautiful Myanmar: A Growing Tourist Hotspot Phyo Thu

T

"J

apan is looking for investment opportunities in Myanmar’s energy sector,” according to Mr. Mitsuo Ido, Director of Mitsubishi Corporation (Yangon). The construction, energy, and mining sectors are the most attractive sectors for investors, and of them, the energy sector has the most potential, Mitsuo Ido, said at an event of “Dialogue for Quality Infrastructure” hosted by Myanmar Event Park, Mindama on October 12, 2017.

Requirements for infrastructure development vary by the country: depending on the degree of the infrastructure development, the kind of infrastructure needed, as well as climate and environmental conditions. Infrastructure could be a long-term solution for sustainable economic development by using the most appropriate technologies to meet different requirements. Japanese technologies meet such different requirements. Japan can contribute to Myanmar’s infrastructure development by utilizing its ad-

M

cording to the event. The Word Tourism Day was jointly organized by the Ministry of Hotels and Tourism and United Nations World Tourism Organization. Myanmar Summary

jref r mEk d i f i H u d k Zef e 0g&D v rS Mo*kwv f txd jynfyc&D;oGm;{nfh onf 0ifa&mufrI 2 'or 27 oef; ausmf vma&mufcJhaMumif; od& onf/ jynf y c&D ; oG m ; {nf h o nf 0 if a&muf r I tqd k y g yrmPonf 2016 umvwlESifh EIdif;,SOfygu 22 &m cdik Ef eI ;f wd;k wufvmcJjh cif;

jzpfNyD; 2017 ckESpfudk c&D;oGm; vkyif ef; a&&Snw f ;kd wufvmap&ef a'ocHrsm; azmufonfrsm;Mum; wGif aumif;rGefaom tavht usifhaumif;rsm; ydkrdkodjrifvmap &efESifh tpkd;&tzGJU tpnf;rsm;t aejzifh rSefuefaom rl0g'rsm; csrw S af &;wdu Yk v kd nf; ydrk w kd eG ;f tm; ay;&ef trsK;d om;c&D; oGm;vkyif ef; zGHUNzdK;wdk;wufa&; A[dkaumfrwD Ouú|'kwd,or®w OD;[ife&DAef xD;,lu ajymonf / tqd k y guJ h o k d Y ajymMum;rI u d k aejynfawmfü atmufwkdbm 9 &ufuusi;f yonfh urÇmcY &D;oGm; vkyfief;aeYtcrf;tem;ü ajym Mum;cJhjcif;jzpfNyD; urÇmw0ef;vkH;

twdik ;f twmjzifh c&D;oGm;vkyif ef; u@taejzifh Edik if w H pfcck si;f pD\ *sD'DyDq,f&mcdkifEIef;ESifh pkpkaygif; ydkYukefwefzdk;\ ckESpf &mcdkifEIef; jznfhqnf;ay;vsuf&SdygaMumif;? urÇmt h vkyt f udik Bf u;D 11 rsK;d wGif c&D;oGm;vkyfief;onf tvkyft udik w f pfrsK;d tjzpf yg0ifaeonfukd jrifawGUMu&rnf jzpfaMumif;wdu Yk kd ¤if;u xyfraH jymMum;xm;onf/ 2016 ckESpf wpfESpfvHk;wGif ESpf 'or 9 oef;0ifa&mufcJhNyD; ,ck ESpw f iG f c&D;oGm;{nfo h nf 3 'or 5 oef;txd vma&mufrnf[k cefYrSef;xm;aMumif; ,if;tcrf; tem;ESihf ywfoufaom owif; xkwjf yefcsufwGif yg&Sdonf/

vanced technological and infrastructure skills, as well as its impressive knowledge and know-how, according to the event. “The construction sector in Myanmar is booming, and that mainly drives the country’s economy. Building infrastructure is a part of nation’s development, and capital investment is required to bolster the construction sector. Densely populated areas, the expansion of infrastructure and industry increases energy demand. Japan is planning to find cheap solutions to Myanmar’s energy needs,” Mr. Mitsuo Ido said.

80% of Myanmar’s natural resources like oil and natural gas are being sold to China and Thailand, even though the local demand is not being met. Importing electricity is one option as a solution. “Ports, bridges and power plants need to constructed for a sustainable future that enhance individual and commercial income. Capital investment is not major problem for Japanese investors and we care about sustainable growth and management,” Kazuyuki Takimi, Counsellor in the Japan Embassy of Myanmar, said.

Myanmar Summary

*syefEdkifiHtaejzifh jrefrmEdkifiH wGif pGr;f tifaps;uGuüf &if;ES;D jry§ f ES&H ef pdw0f ifpm;rIrsm;&Sd aeaMumif; jrefrmEdik if q H idk &f m &efuek Nf rKd U Mitsubishi Corporation rS ñTef Mum;a&;rSL; Mr. Mitsuo Ido u ajymMum;onf/ jrefrmEdik if t H aejzifh jynfyrS&if; ESD;jr§KyfESHolrsm;udk trsm;qHk;qGJ aqmifEkid o f nfh t"duu@ok;H ck rSm aqmufvkyfa&;vkyfief;? pGrf; tifvyk if ef;ESihf owåKwiG ;f vkyif ef; rsm;jzpfaeonfhtwGuf tajccH taqmufttHEk iS hf pufrv I yk if ef; rsm;twGuf vdt k yfryI rkd w kd ;kd csUJ vm onfESifhtrQ jrefrmEdkifiH\ pGrf; tifaps;uGufonf wdk;wufvm

&ef tvm;tvmaumif;rsm; &Sad e jcif;aMumifhjzpfonf/ ]]aqmufvkyfa&;vkyfief;[m jrefrmEdik if &H UJ pD;yGm;a&;udk t"du armif;ESifEdkifwJh taetxm;rSm &Sdw,f/ tdrf&mtaqmufttkH aqmufvyk jf cif;[m zHUG NzKd ;rI&UJ t"du tpdwt f ydik ;f tjzpf qufvuf&yf wnfaer,f/tajccHtaqmuf ttHkawGpufrIvkyfief;awGwdk;csJU vmwmeJt Y rQprG ;f tifvt kd yfraI wG &Sv d mygr,f/ 'DtwGuv f nf; *syef EdkifiHtaeeJYaemifvmr,fh tem *gwfrmS jrefrmEdik if u H kd ukeu f sp&dwf oufompGmeJY pGrf;tifxkwfvkyf Edik af tmif 'grSr[kwf wifoiG ;f Edik f atmifvyk af qmifomG ;zd&Yk ydS gw,f}} Mr. Mitsuo Ido u ajymonf/

yanmar Post and Telecommunications (MPT), the country’s first and leading telecommunications operator, has announced that the installation of MSAN (Multi-Service Access Nodes that can be used for voice, fiber and data services), is 70 percent complete, and the work should be finished next year. MPT has changed auto telephone numbers and updated exchanges in order to offer better service to customers and says that the old IP system NGN exchanges across the country will be replaced with MSAN service to bring the network in line with international phone number standards. “The IP system NGN is out of date and we have to provide a modern auto exchange service before we can update our sales package for customers,” said U Aye Min Hlaing, Deputy Chief Engineer of Myanmar Post and Telecommunications. In early 2018, more than 1,000 MSANs will be installed across the nation, he said. The previous system – NGN – supports a voice to voice analogue system but market demand requires the system to be upgraded.

Zarni Min Naing

easier for tourists, along with appropriate accommodations for the entire duration of their visit, and their security during their stay is also important, U Thet Lwin Toe, Chairman of Myanmar Tourism Federation. Community-based tourism is being implemented to increase creation of job opportunities and to earn more income for local people, but Myanmar needs to have sustainable tourism and to acquired a good image for the country within the international tourism market, ac-

Japanese Investors Interested in Myanmar’s Energy Needs Oak Kyaw Hein

Phyo Thu

Phyo Thu

ourists arrivals in Myanmar from January-August 2017 hit 2.27 million, a 22% increase from the same period last year. The ceremony to mark the World Tourism Day held on October 9, 2017, at the Myanmar International Convention Center in Nay Pyi Taw highlighted this and much more. Vice President No-2 U Henry Ven Thio, Chairman of the Central Committee for the Development of the National Tourism Industry — founded in 2017 — pointed out the importance of improving, expanding, and refining the country’s tourism sector. According to the statement of United Nations World Tourism Organization (UNWTO), the number of worldwide tourists is expected to reach 1.4 billion in 2020, and 1.8 billion by the year 2030. This is also expected to increase tourism into Myanmar. Last year 2.9 million tourists visited Myanmar, and 3.5 million are estimated to come this year. The United Nation World Tourism Organization expects tourist arrivals in Myanmar to rise 7.8 percent between the years

2016 to 2026. The AsiaPacific region is expecting 540 million tourists in 2030, taking up 30% of the world market. Globally, the tourism sector contributes 10% of GDP value and provides 7% of total export value. Tourism is seen as one of the top 10 industries in the world, and universally recognized as the world’s biggest and most rapidly developing. Myanmar is abundant in natural beauty and wild life. Northern Myanmar has snow-capped mountains, where exotic cultures and ethnic nationals can be studied. Bagan’s amazing region has over 2,200 temples and pagodas remaining from the 11th and 13th centuries. In Myeik, a city in Southern Myanmar, the Mergui Archipelago consists of 800 unspoiled islands, which of course is attracting attention; CNN called it, “One of Earth’s last paradises.” “As tourism is wide ranging and affecting many areas, cooperation is required between the government and private sectors in order to help the national economy in long term run,” Vice President U Henry Ven Thio said. Authority and tourismstakeholders must also arrange to make travel

27

Myanmar Business Today mmbiztoday.com

Telecom tower renovation workplace in Shwe Gone Daing, Yangon

In the new system, the new number can be used for both voice calls and ADSL internet and auto phone numbers will be increased to between 7 and 9 digits. Myanmar Summary

jrefrmhqufoG,fa&; vkyfief;

ucsxm;ay;cJah om atmfwkd w,f vDzek ;f vdik ;f rsm;udk MSAN pepfukd 2015 ckEpS u f pwifajymif;vJvm cJNh y;D ,ckxd 70 &mcdik Ef eI ;f ajymif; vJxm;NyD; vmrnfhESpftwGif;&m EI e f ; jynf h a jymif ; vJ o G m ;rS m jzpf aMumif; jrefrmhqufoG,fa&;rS od&onf/ 2015 ckESpf qufoG,fa&;qdkif

&m eHygwfqdkif&m enf;Oya't& vnf; ,if;tdwfcsdef;pufrsm;udk ajymif ; vJ & jcif ; ES i f h t wl Ed k i f i H wumtwdik ;f qufo, G af &;eHywf rsm;udk pepfwusjzpfatmifajymif; vJoGm;rSmjzpfaMumif; od&onf/ MSAN onf Multi-Service Access Nodes ac: bufaygif; pH0k efaqmifrjI zpfNy;D Voice/ Fiber

ESihf Data oH;k rsK;d vH;k udk wpfck wnf; jzifh toHk;jyKEdkifatmif pDpOfxm; aom pepfjzpfonf/ 2018 ck E S p f t apmyd k i f ; wG i f MSAN puftvH;k aygif; wpfaxmif ausmu f kd ajymif;vJwyfqifomG ;rSm jzpfNyD;? vmrnfhESpfwGif wpfEdkifiH vHk;twdkif;twmjzifh ajymif;vJ Ekid rf mS jzpfw,fvYkd ,if;uqdo k nf/

IT Students Set Milestone in App Development Kyaw Min

A

t the introduction ceremony at Taungoo’s Kha Baung Hall on October 6, 2017, IT students from Taungoo Computer University have set a milestone by creating more than 50 mobile Android applications that benefit both commercial businesses and end-users, according to Taungoo District Administration Office in Bago Region. With the support of Myanmar Computer Professional Association (MCPA) — the largest association of ICT professionals in Myanmar — students have been creating mobile applications such as travel guides, food guides, Taungoo bus directory, and restaurant

Point of Sale (PoS) apps, according to U Aung Soe Moe, Administrators of Taungoo District Administration Office. A 35 year old local IT expert, U Aung Hla Myo, said, the students have potential, and they can be great IT professionals, supporting the needs of our country, but they need help in order to reach their dreams. “Myanmar Computer Professional Association brought the technical and material support they needed. Students, grouped into teams, created the mobile applications which are then shared publicly, free of charge,” District Administrator U Aung Soe Moe, said. Mobile applications

like a general knowledge quiz, a Taungoo Directory, restaurant PoS, and a phone contact directory were quite popular at the launching ceremony and attendees installed those mobile android applications into their smartphones. Many visitors including an official from the Bago Regional government and MCPA came to the event and discussed the potential of these students in the business filed in order to support country’s IT industry an boost IT industry income. As more and more people use mobile devices rather than desktop computers, the nation’s mobile applications industry takes on an increasingly important role from com-

puter software, according to the Myanmar Computer Professional Association. Myanmar Summary

awmifiluGefysLwmwuúodkvfrS ausmif;om;? ausmif;olrsm;u a'ocHrsm;twGuf pD;yGm;a&;?ynm a&;ESih f A[kow k jzpfaprnfh taMumif; t&mrsm;pGmyg0ifonfh rdb k ikd ;f zke;f Application rsm;udk vufawGY wDxiG pf rf;oyfEikd cf NhJ y;D jzpfaMumif; awmifilc½dkiftkyfcsKyf a&;rSL;½Hk;rS od&onf/ awmifiluGefysLwm wuúodkvf rSausmif;om;? ausmif;olwpf&m eD;yg;onf jrefrmEdkifiHuGefysLwm ynm&Sifrsm;toif;\ yHhydk;tm; ay;ulnrD rI sm;jzifh awmifial 'ocH rsm;twGuf awmifiv l rf;nTecf &D; oGm;vrf;ñTef bwfpfum;vrf; nTeftpm;taomuf vrf;nTef

rsm;yg0ifonfh Application rsm; pm;aomufqdkifrsm;wGifxdef;csKyf onfh POS xkw k u f ek rf sm;ESit hf jcm; xkkwfuk efrsm;udk atmufwdkbm yxrywftwGif;u awmifilNrdKU caygif;cef;rwGif c½dik w f m0ef&o dS l rsm;ESifh trsm;jynfolrsm;udkvuf awGU prf;oyfjyocJhMuaMumif; awmificl ½dik t f yk cf sKyaf &;rSL; OD;atmif pd;k rd;k u MBT odYk ajymMum;onf/ ,if;uJo h Ykd Application rsm; wD xG i f zef w D ; toH k ; jyKEd k i f r I r sm; aMumifh tqdyk g ausmif;om;? ausmif; rsm;taejzifh jrefrmEdkifiH\ enf; ynmtdkifwDu@rsm;wGif uRrf; usif ynm&S if rsm;txd jzpf vm EdkifNyD; EdkifiHtwGufvnf; rsm;pGm tusK;d jzpfxeG ;f Edik rf nfjzpfonf [k jynfwiG ;f tdik w f yD nm&Sif OD;atmif rsKd;vSu oHk;oyfonf/ ausmif;om;? ausmif;olrsm;\ wDxGif prf;oyfjyrIrsm;wGif udk,f ydkifvkyfief;rsm;wGif t½IH;tjrwf

BudK;zkef;ac: tdwfcsdef;u oGm; aomzk e f ; rsm;onf Analogue pepfjzifo h mG ;ojzifh Voice to Voice pepfom aqmif&u G Ef idk Nf y;D tifwm eufcsdwfqufjcif; Fiber quf aMumif; csdwfqufjcif;uJhodkY vkyf ief;rsm;twGuf Mum;cH Switch wpfckckudk cHay;&aMumif; od& onf/ wGufcsufonfh Product rsm;ESifh ½H;k Xme0efxrf;rsm;twGu½f ;kH wuf ½H;k qif;csed rf sm;udk rdb k ikd ;f zke;f rsm;rS xde;f csKyo f nfph epfrsm; wuúov kd f 0ifwef;pmar;yGw J iG f ½IyaA'ajzqdk rnfhausmif;om;? ausmif;olrsm; twGuf ajzqdkEdkifrnfhpepfrsm; ES i f h u av; ol i ,f r sm;twG u f aysmf &T if um A[k ok w&NyD ;pd wf tyef;ajyaprnfh tyvDau;&Sif; rsm;tjyif motion sensor rS wqift h rd t f wGi;f odYk vl0ifvmyg u rdrzd ek ;f odYk rufaqhyo Ykd nfph epf rsm;ESifh tjcm;pdwf0ifpm;zG,fESifh A[kow k jzpfaprnfh Application rsm;vnf;,if;aeYuvma&mufcJh olrsm;\ rdb k ikd ;f zke;f rsm;xJoYkd tc rJh xnfhoGif;ay;cJhMuaMumif;od& onf/ ,if;aeYwGif yJcl;wdkif;a'oBuD; awmifilc½dkifrS Xmeqdkif&mt&m &Srd sm; uGeyf sLwmynm&Sirf sm;toif; wm0ef&Sdolrsm;tjyif pD;yGm;a&; vkyfief;&Sifrsm;ESifh a'ocHtcsKdU wufa&mufcJhMuonf/


AUTOMOBILE

26

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Thailand Policy Change Negatively Affects Myanmar’s Automotive Industry Oak Kyaw Hein

A

Sot’s border must close before November 13, 2017. This comes at a time when the automotive market is slowing. “In the local market, price of Japan-used vehicles are getting higher. Myanmar is in strategic location to attract Japanese brand auto from auto makers’ regional plants. But Thailand’s policy will reflect to

Myanmar’s auto market in negative way,” U Tin Maung Htut, said. The Myanmar automotive market is waiting for the Ministry of Commerce’s announcement for a comprehensive automobile import policy that will effectively change the market price. Currently a private company is allowed to import one vehicle per

month whereas an automotive import company, used-car sales center, or dealerships are allowed to import 80 vehicles per month, according to Custom Department. An updated auto policy, which comes under the decision making process of the Union Government in Myanmar, is expected to be announced soon. Myanmar Summary

2018 ckEpS Ef pS q f ef;ydik ;f wGix f ikd ;f Edik if rH S armfawmf,mOfwifoiG ;f cGihf rI 0 g'ES i h f e,f p yf a 'ouk e f od k avSmifcGihf rl0g'tajymif;tvJ rsm;onf jrefrmjynfwGif;&Sd um; aps;uGufudk ½dkufcwfvmEdkifrnf jzpfum txl;ojzihf jrefrmjynf wGif;&Sd ukefwif,mOfESifh vkyfief; oH;k ,mOf aps;EIe;f rsm;jri§ w hf ufvm Edik af Mumif; tem*gwf trsm;jynf olo,f,yl aYkd qmifa&; ukrP Ü v D D rdwufrS refae;*sif; 'g½dkufwm OD;wifarmifx#G u f MBT odaYk jym onf/ xd k i f ; tpd k ; &rS xd k i f ; e,f p yf & S d ukefavSmif½kHrsm;udkvmrnhf Edk0if bmv 13 &ufaeYwiG f aemufq;kH xm;Ny;D ydwo f rd ;f &rnf[k rJaqmuf &Sd xdik ;f tmPmydik rf sm;u xkwjf yef xm;jcif;aMumihf jr0wD- rJaqmuf &Sd um;aps;uGuu f dk tBu;D tus,f ½du k cf wfvmEdik rf nf[k od&onf/ ]vuf&dS jrefrmjynf um;aps;

Zarni Min Naing

ccording to U Tin Maung Htut, Future Public Transport Co.,Ltd, the move of Thailand’s automotive import policy and warehousing policy in the Myawaddy-Mae Sot border area will negatively impact Myanmar’s automotive market, especially for the Japanese used

auto market. Warehouses on the Thailand side of the Myawaddy-Mae Sot border are allowed by the Thai authority to be used by automotive importers as a transit hub for Japanese used vehicles to be imported into Myanmar. However according to a news release from the Mae Sot authority, all warehouses near Mae

A vehicle diving on Laydaungkan Road, Yangon

YBS: Out With The Old, In With The New Lin Latt

U

nder a new plan by Yangon Region Transport Authority (YRTA), rickety old model vehicles — between 1996-1998 in use by the Yangon Bus System (YBS) — are to be consigned, according to Dr. Maung Aung, Secretary of YRTA. The move comes as authorities say they are also bringing in harsher penalties for bus owners. Yangon Region Transport Authority forces owners to consign vehicles from 1996-1998 by reducing the length of the permit allowing for the purchase of compressed natural gas (CNG). Dr. Maung Aung, said: “We have already asked the owners to consign

their old vehicles. The vehicles in the operation are unsafe. As a part of enforcement to consign the old buses, we are reducing the period of permitted CNG purchase.” “But owners aren't so keen to see their faithful old vehicles end up on the scrap heap," Dr. Maung Aung said. So YRTA has been importing brand news vehicles for use by the YBS, in order to provide a standard and safe bus for the public. In March YRTA has announced that any models made before 1995 have to be consigned. Since then, YRTA has been accepting the old vehicles, and now model years 1996 and 1997 are set to be consigned.

In March YRTA has announced that any models made before 1995 have to be consigned’

In an interview last June with Myanmar Business Today, Ko Tayoke Lay, the owner of YBS bus line No. 21 said: “We have to consign, it’s compulsory, but after we’ve handed in our buses we will re-invest in the bus-line company.” YRTA provides import slips for owners if their busses have been consigned in order to protect

their losses There are approximately 400 vehicles made in 1996 to 1998 which are currently operating in YBS, but more than 2,000 buses have already been imported by Yangon Regional Government and YBS operator Omni Focus Company to replace old buses, according to YRTA.

Myanmar Summary

1996? 1997? 1998 armf',f c&D;onfwif ,mOfa[mif;rsm; tyfESHrIudk pwifvufcHaeNyD;,ck vtwGi;f tqdyk gum;rsm;ae&mü um;topfrsm;jzihf tpm;xdk;rnf jzpfaMumif;ESihf tqdyk g,mOfrsm;\ CNG oufwrf;udw k pfEpS rf S ESpv f odkY avsmhcsvdkufaMumif; &efukef wdik ;f a'oBu;D o,f,yl aYkd qmifa&; Bu;D MuyfuyG u f rJ I tmPmydik t f zJUG rS twGif;a&;rSL; a'gufwmarmif atmif u ajymonf/ ]]olwu Ykd v kd cJ ikd ;f xm;Ny;D ? tyfcikd ;f xm;NyD;om;yg/ olwdkYudk tyfcdkif; wm wpfvausmaf eNy/D tyfNy;D &if um;topfawGeYJ 'Dae&mrSmtpm; xd;k rSmyg/ CNG oufwrf;avsmch s vdkufwmu rtyfbJqJGaerSm pdk; vdkYyg}}[k 4if;u ajymonf/ ,mOft, dk mOfa[mif;tjzpf tyf ESHcGihfjyKxm;aom c&D;onfwif

uGuu f awmh nmarmif;*syefum; awG aps;wufaeygNyD/ *syefum; ukrP Ü aD wGtawmfrsm;rsm;uawmh xdkif;? rav;½Sm;wdkYrSm puf½HkawG wnfNy;D xkwv f yk jf zefcY sd aeMuwm jzpfwJhtwGuf jrefrmEdkifiHeJY teD; qHk;rSm wnf&SdaeMuawmh jrefrm EdkifiHudk wifoGif;zdkY tajctae taumif;qHk;rSm &dSaew,fav/ 'gayr,hf xkdif;tpdk;&u vmr,hf ESpf ESpq f ef;ydik ;f rSm xdik ;f e,fpyfrmS &Sw d hJ ukeaf vSmif½akH wGukd ydwrf ,f qdNk y;D aMunmxm;awmh jynfwiG ;f um;aps;uGurf mS ukew f if,mOfeUJ vkyfief;oHk; ,mOfawG&JU aps;jr§ifh wufvmEdkifygw,f}}[k OD;wif armifxG#fu ajymonf/ vuf&Sd jrefrmjynf armfawmf ,mOf ta&mif;t0,fonfarmf awmf,mOf rl0g'topfudkapmifh MunfhaeonfhtwGuf ta&mif; t0,f at;vsuf&SdaeNyD; ,mOf a[mif;tyf pvpfaps;EIef;rsm;rSm tenf;i,f usqif;vmaMumif; od&onf/ armfawmf,mOf rl0g'topffudk csrSwfEdkifao;jcif; r&Sdao;onfh twG u f jynf w G i f ; ü armf a wmf ,mOfaps;EIef;rsm; jrifhwufaeNyD; csrSwfrnfh rl0g'topfESihfywf oufí jynfaxmifpt k pd;k &tzGUJ xH odo Yk m wifjyxm;onfh tqifw h iG f om&Sdao;aMumif; pD;yGm;a&;ESifh ul ; oef ; a&mif ; 0,f a &;0ef B uD ; Xme\xk w f j yef c suf t & od & onf/ ,mOfa[mif;rsm;twGuf obm0 "mwf a iG U vd k i f p if ouf w rf ; ud k avQmh c svd k u f j cif ; onf um; a[mif;rsm; ajy;qJaG ejcif;udk uefY owfvdkjcif;aMumihf jzpfaMumif; ESifh ,ckcGihfjyKay;onfh vdkifpif oufwrf; ESpfvonf ukefvrf; ydkYaqmifa&;ñTefMum;rI OD;pD;Xme odYk rtyfErHS D toH;k jyK&ef cGijfh yKay; jcif;jzpfaMumif; a'gufwmarmif atmif u ajymonf/ c&D;onf wif,mOfa[mif;rsm; \ pm&if;tcsut f vuf aumuf ,lxm;Ny;D tyfErHS u I v kd nf; &efuek f wdik ;f a'oBu;D tpd;k &tzJUG tpnf; ta0;qHk;jzwfcsufjzihf vufcHae onf[k a'gufwmarmifatmifu qdkonf/ &ef u k e f w d k i f ; a'oBuD ; tpd k ; & tzJGUonf rwfvupí armf',f edru hf m;rsm;udk tyfEaHS pcJNh y;D 1995 armf',fEiS ahf tmufbwfpu f m;rsm; udk ajy;qJGcGihf&yfqkdif;cJhNyD;aemuf 1996 rS 1998 txdarmf',fbwfpf um;rsm;ud'k w k , d tBurd f tyfEaHS p cJhjcif;jzpfonf/

LOCAL BIZ

7

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Solar Crop Processing Goes Hi-Tech Kyaw Min

N

atural Farm Fresh Myanmar, a local agricultural products supplier, is introducing the Solar Dryer Parabolic Dome to Myanmar. This post-harvest technology can aid farmers in providing a clean product and cut down on waste, according to U Nay Oo, the firm’s Managing Director. The launch ceremony was hosted in Mandalay on 6 September and showcased the products and their benefits to individual farmers, farmers’ cooperatives, home industries, small & medium enterprises, social enterprises, food processors, wholesalers and non-government organizations. Sun drying is Myanmar’s traditional drying method for cereals and vegetables. Traditionally, produce is spread out under the sun and takes 7 to 10 days to dry. The Solar Dryer Dome takes only

three days to systematically dry produce, while reducing waste and maintaining hygiene. “Crops such as chili, tea, vegetables and cereals take on average 10 days to dry. But sometimes the produce does not look good and can be dirty. The Solar Dryer Dome is an efficient solution to provide an attractive product and save time and effort,” Managing Director U Nay Oo said. “Solar radiation heats up the produce as well as the surrounding air and thus accelerates the rate of evaporation of water from the fresh food. Not only is the drying period under the Dome shorter but there are also fewer impurities and less weight lost,” U Nay Oo added. The company will sell the solar domes at discount price and provide training on their usage for farmers. In Myanmar’s livestock and agriculture industry, most products need to be

dried and this is mostly done in the open air, under the sun. This is why dust, sand and other contaminants can mix with the product and lower its value. The Solar Dryer Dome will therefore be a great benefit to those in the livestock and agriculture sector. Myanmar Summary

*smreDEdkifiH\ tqifhjrifhenf; ynmoHk;aea&mifjcnf pGrf;tif pepfjzifh tajcmufcHpuf Solar Dryer Dome\enf;ynmESi0 hf ef aqmif r I r sm;ud k v,f , mu@ vkyfief; vkyfudkifolrsm;twGuf pwif a y;awmh r nf j zpf a Mumif ; Natural Farm Fresh Myanmar

rSrefae;*si;f 'g½du k w f m OD;aeOD; u MBT odkY ajymMum;onf/ jrefrmEdkifiHwGif yxrqHk;tae jzifh opfo;D 0vH [if;oD;[if;&Guf aumufyJoD;ESHrsm;udk rd½dk;zvm enf;vrf;jzifh aevSrf;jcif;xuf tcsdefumvMumjrifhrI avvGifh ysuq f ;D rIrsm; twufEikd q f ;kH rjzpf atmif umuG,fjyKvkyfxm;onfh Solar Dryer Dome tajcmufcH

pufoHk;½Hkudk ,ckpufwifbmv twGi;f u yxrqH;k taejzifh rEÅav; wdik ;f a'oBu;D rS awmiforl sm;enf; ynmavhvmEdik &f eftwGuf i½kwf vSr;f jcif;jzifh Solar Dryer Dome \ enf;ynmjrifhrm;yHkudk jyocJh aMumif; od&onf/ v,f,mpdkufysKd;a&;u@xGuf uket f csKUd udk aevSr;f &mwGif 7 &uf rS 10&uftxdMumjrifo h nfh tjyif avvGifh ysufqD;qHk;½IH;rI yrmP rsm;jym;NyD; Solar Dryer Dome tajcmufcpH uf toH;k jyKygu oH;k

&ufom MumjrifhNyD; avvGifhysuf pD;rIrSmvnf; r&Sdoavmufenf; yg;aMumif; od&onf/ ]]omrefaevSrf;wm awGqdk&if tajcmufcw H hJ i½kwo f ;D vufzuf [if;oD;[if;&Guf? aumufyJoD;ESHS wdUk qd&k if tcsed w f pfywfq,f&uf Mumw,f/ aevSrf;NyD; ajcmuf&if vnf; e*dkrlv yHkpHxufysuf,Gif; NyD; ywf0ef;usifu trdIufo½dkuf awG uyfndrIawGvnf;&Sdw,f/ tcsd e f v nf ; Mumw,f / Solar Dryer Dome utrdk;tum&SdwJh

tjyif tqifhjrifh enf;ynmae a&mif j cnf p G r f ; ud k toH k ; jyKNyD ; tajcmuf c H w mjzpf w J h t wG u f tcsed u f ek o f ufomw,f/ avvGihf ysufqD;rIr&Sdbl;/ jrefrmEdkifiHu awmifoal wGtwGuf toH;k t&rf; toHk;0ifwJhypönf;jzpfygw,f}}[k MBT odq Yk ufvufajymMum;onf/ ,if ; Solar Dryer Dome (tajcmufcHpuf)\ yHkpH'DZdkif;udk xdik ;f Edik if &H dS ynm&Siw f pfO;D u 35 ESpcf efUMumatmif okawoejyKNy;D a&;qGJxm;aMumif; od&onf/


LOCAL BIZ

AUTOMOBILE

8

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

October 19-25, 2017

Yangon Water Buses Up and Running

GPS To Crack Down on Bad Bus Drivers Ei Thandar Tun

Y

Ei Thandar Tun

Myanmar Summary YBS ,mOfrsm;wGif GPS puf

rsm;wyfqifjcif;udak tmufwb kd m vaemufqHk;xm;umwyfqif& rnfjzpfaMumif; od&onf/ &efuek Nf rKd UwGif c&D;onfo,f,l ydaYk qmifa&;vkyif ef;rsm; vkyu f ikd f aeonfh YBS c&D;onfwif ,mOf rsm;wGif GPS puf wyfqifjcif;ukd YRTA rS owfrw S x f m;onft h csed f twG i f ; rwyf q if y gu,mOf ajy;qG J c G i f h y d w f o d r f ; onf t xd ta&;,lrnfjzpfonf/ ]]tckq&kd if tpd;k &tzGu YJ GPS

awGu, kd mOfawGay:rSm rjzpfrae wyfqifzdkYtwGuf ñTefMum;xm; ygw,f/ jynfolawGtwGufvHkNcHK rI&SdapwJhtjyif ,mOfarmif;awG pnf;urf;vdkufemrI&Sdr&Sdudktcsdef ESifhwpfajy;nDod&SdEkdifyg w,f}}[k YRTA twG i f ; a&;rS L ; a'guf wmarmifatmifu ajymonf/ ,cifu ,mOfvikd ;f rsm;wGif GPS wyfqifjcif;udk pufwifbmv 30 &ufaeY aemufq;kH xm;umwyfqif &rnf[k ñTeMf um;xm;aomfvnf; ,mOfrsm;ay:wGif *sDyDtufpfwyf qifjcif;udk NyD;pD;pGm rwyfqifEkdif jcif;aMumifh wyfqif&eftcsdefwdk;

jr§ifhowfrSwfay;jcif;jzpfonf/ xdkuJhodkY tcsdefwdk;jr§ifhowfrSwf ay;aomf v nf ; ,mOf v d k i f ; rsm; taejzifh vdkufemrIr&Sdygu xd a&mufpGm ta&;,laqmif&Guf oGm;rnfjzpfonf/ ,mOfrsm;ay:wGif *sDyDtufpf pufrsm; wyfqifxm;jcif;aMumifh ,mOfarmif;rsm;udk pnf;urf;ydkif; ESiyhf wfowfí aumif;pGmxde;f csKyf Ekdifrnfhtjyif ,mOfudkajc&mcHEkdif jcif;aMumifh tEÅ&m,fwpfpkw H pfck jzpfyGm;yguvnf; tcsdefESifhw ajy;nDo&d EdS idk rf nfjzpfNy;D ? c&D;onf rsm;oGm;vm&mwGiv f nf; vHNk cKH pw d f

cspGmoGm;vmEkdifrnfjzpfaMumif; od&onf/ ,cktcgwGif ,mOfrsm;ay:wGif *syD t D ufpw f yfqifjcif;rSm tpD;a& 3000 cefYwyfqif NyD;pD;aeNyDjzpf NyD;? wyfqif&efusef&Sdonfh tpD; a& 1000 rSmrl ,ckvtwGi;f tNy;D owfwyfqif&rnfjzpfaMumif; od&onf/ vuf&SdwGif &efukefNrdKUwGif;odkY ajy;qJGaeonfh YBS ,mOfvdkif; aygif; 91 vdkif;&SdNyD;? aeYpOftpD; a& 4000 cefjY zifh c&D;onf2 oef; ausmf u d k o,f , l y d k Y a qmif a y; vsuf&SdaMumif; od&onf/

A

slowing demand overseas for rubber, along with lower prices, is squeezing the pockets of local businesses, according to Mon State rubber plantations, where most of the rubber production takes place in the country. In September, a pound of Ribbed Smoked Sheets (RSS-3) — a type of rubber — was between K1,000 and K1,035 and it slid down to K825 per pound in the first week of October. “The global rubber demand is slowing and they like to buy qualified rubber,” Daw Than Yi, a rubber farmer from Mudon Township, Mon State, said.

The price per pound of RSS-3 peaked in 20112012 at K1,800, then the price skidded to around K900 - K1,000 per pound. “When the rubber price is unstable, it makes it hard on the local rubber farmers and the exporters,” Daw Khin Myo, a rubber exporter in Mawlamyine, the capital of Mon State, said. “70% of global rubber demand is for pure, natural rubber. If local rubber can quality for the international standards, then Myanmar will see more demand for its rubber,” U Win Myint, Director of Trade Promotion Department under Ministry of Commerce, said. “We are seeing many improvements in the rubber industry. Yields are

improving and the number of rubber farmers is also increasing. The only challenge is to increase the quality of the product for export,” said U Khaing Myint, Secretary of Myanmar Rubber Producers and Exporter Association. Last year, Japanese tire companies, Yokohama and Bridgestone, visited Myanmar for observation and testing, but have yet to make a decision to buy. To improve the rubber industry — especially the quality for overseas markets — new rubber laws are important to make sure quality standards are met. Drafting of the new rubber law began in 2015, but because extensive effort and coordination is required, and the inclu-

sion of legal and technical experts, it has yet to be completed. But the end is in sight. “Legislators are expected to finish drafting a national rubber law by the end of this year,” said the Myanmar Rubber Planting and Producing Association (MRPPA). Rubber-related ministries, experts from NGOs, and legal experts are coordinating and managing pending legislation for the rubber law. Myanmar produces approximately 180,000 tons of rubber annually, from total of 1.5 million acres across the nation, including 300,000 acres in Mon State alone. Among of 1.5 million acres, 80% of total rubber farms are small scale

businesses. According to the MRPPA, local rubber consumption is just 8% of the total production, with the other 72% being exported to India, South Korea, Malaysia, Vietnam, and Singapore. Another 20% is being transported and sold illegally to China. Myanmar Summary

jynfyrS 0,fvt dk m; avsmu h sNy;D urÇmY &mbmaps; usqif;aom aMumifh &mbmaps;EIef;wpfaygif vsiu f syf 820 ceft Y xd aps;EIe;f us qif;vmaMumif; rGefjynfe,f&Sd &mbmvkyfief;&Sifrsm;xHrS od&Sd& onf/ &mbmaps;EIe;f rSm pufwifbmv u RSS-3 trsK;d tpm;&mbm wpf aygifvsif usyf 1,000rS usyf 1,035 0ef;usiaf ps;EIe;f &SNd y;D ,ckv yxr tywfrS pwifum usyf 825 0ef;

usifxd aps;EIef;usqif;aMumif; od&onf/ ]]&mbmaps; wpfaygifudk puf wifbmvtp uaeusyf 1,035 xdaps;EIef;wufvmw,f/ &mbm aps;u jyefwufvmayr,fh jynfy u &mbm0,f,rl eI nf;Ny;D 'Dvtp rSm jyefusoGm;w,f/ vkyfief;&Sif awGtaeeJYvnf; t&nftaoG; aumif;rGefwJh &mbmawGxkwfrS aps;wufrSmyg}} [k rk'HkNrdKUe,frS &mbmvkyfief;&Sif a':oef;&Du ajymonf/ &mbmaps;EIef;onf 2011ESifh 2012 ckEpS cf efu Y RSS-3 &mbm wpfaygifvsif usyf 1,800 cefY xd &S&d mrS aemufyikd ;f wGif ESppf Of quf wdkuf usqif;vmNyD; ,ckESpfwGif tzGifhaps; RSS-3 trsdK;tpm; &mbmwpfaygifvQif usyf 900 rSusyf 1000 0ef;usifaps;EIef;&Sd cJhNyD; ,ck&ufydkif;wGif &mbmaps; EIef;usqif;vmcJhonf/

s part of the drive to deal with traffic congestion in Yangon, Myanmar’s commercial hub, the long-awaited Yangon water bus service was successfully launched in October. Yangon Region Transport Authority (YRTA) had previously promised boats for commuters would be up and running by the end of last year, but the launch was postponed until March, and then until this October. YRTA invited tenders for the project last November and two local companies, Golden Diamond and Tint Tint Myanmar Company, bid. Early year, the tender board of YRTA selected Tint Tint Myanmar company as the tender winner. “I am very proud to introduce the water bus service. We have equipped our boats with safety features, including GPS and CCTV. I hope that the commuters will enjoy our services and save time and effort,” said Daw Tint Tint Lwin, CEO of Tint Tint Myanmar Company. Initially, 13 boats are to

Zarni Min Naing

Yangon Region Transport Authority launched Yangon Bus Service on 2017 January 16: a bus of YBS is operating on a public road

New Regulations to Help Rubber Farmers Bounce Back Oak Kyaw Hein

Myanmar Summary

A

Zarni Min Naing

angon Region Transport Authority (YRTA) this week announced that all buses operating in YBS must install GPS tracking devices by the end of October. The deadline for installation of the devices was originally 30 September, but this was extended for 30 days. After this month, YRTA will take action against buses which fail to install GPS and permanently ban those buses from operating. “This is a compulsory order by YRTA. GPS trackers will improve the safety and peace of mind of bus passengers, drivers and owners, since the vehicles’ location can be monitored in real time and recorded in the event of an accident or traffic violation,” said Dr. Maung Aung, Secretary of Yangon Region Transport Authority. The Yangon Urban Public Transportation Public Co., Ltd (YUPT) has built a ‘control tower’ to better monitor its 21 bus lines and crack down on undisciplined drivers. “The control tower is an all-seeing eye that enables monitoring unruly drivers, to better provide Yangon residents with a safer traveling experience,” U

Aye Thaung, YUPT Operations Manager, told Myanmar Business Today recently. “Our monitoring team will be diligent in detecting drivers who engage in reckless driving, speeding, and other traffic violations, and in disrespecting passengers, pedestrians and other drivers, a problem which has got out of hand in Yangon,” he added. Earlier this year, YUPT sent a delegation to China and Singapore to study their modern public bus monitoring systems. As a result, they elected to employ Chinese technology and tracking techniques in the control tower. When the control tower detects an undisciplined driver, the company will first warn the driver of their misconduct. The second offense will result in a K30,000 fine for the offender. In a traditional three strikes model of punishment, the third action will result in the driver’s dismissal. 3,000 buses have already installed GPS and the remaining1,000 must install before the end of October deadline. YBS carries 2 million passengers on 3,500 buses operating 91 routes across Yangon each day.

25

Myanmar Business Today mmbiztoday.com

A newly introduced Yangon’s first ever Water Bus operated by Tint Tint Myanmar Company is waiting for passengers at Yangon’s Pasondan jetty

ferry commuters along the Yangon River between Insein’s Aung Zaya and Botahtaung Jetties, calling at 7 piers on the way. Further routes, along Ngamoeyeik Creek and Bago River, are expected to be launched before the end of this year.

The fixed fare per person is K300 and the company is working with Anypay to provide a virtual payment service. There are 13 boats of varying capacity, from 60 up to 240 passengers, operating from 6am to 6pm. “As the number of

passengers increases, we will add to our fleet of water buses,” Daw Tint Tint Lwin said. The company does not allow vendors to sell food on the boats but the company provides meals and snacks at reasonable prices. The company is

insured with IKBZ insurance company against loss of life or injury to passengers. The company has so far invested $37m over the five months period of setting up the water bus project.

Grab An Extra Stop! Ei Thandar Tun

G

rab, the leading on-demand transportation and mobile payments platform in Southeast Asia, introduced a new feature which is called Multi-Stop Rides. This enables passengers to add one extra stop to their Grab taxi ride. You can now book a ride with up to two stops per trip. Passengers can see the total fixed fare upfront before confirming the booking. A friend may want to get picked up along the way, or a relative may wish to send their loved ones home safely. With Multi-Stop Rides, Grab has made it more convenient for passengers to customize their routes based on their needs, and enjoy peace of mind knowing the additional distance is

automatically included in the fare price listed in the app before booking. The Grab drivers will be notified of both stops, giving them better visibility of the passengers’ intended journey and the total trip fare. The total fare takes into account the distance travelled for both stops, based on the order of the stops. Switching the order of the stops will affect the total trip cost. The passengers will not be allowed to add, change or remove an extra stop while the Grab Taxi ride is in transit. Grab Taxi drivers will follow the original order and will wait up to a maximum of five minutes at the first stop. How to book an extra stop Step 1: Enter your pickup and drop-off points.

Then tap the “+” button to add an extra stop. Step 2: Select the location of the extra stop. Step 3 optional: Tap the “swap” icon to switch the order of your stops; fares may change! Step 4: Book your ride. Grab was launched in March of this year for the Yangon area and is currently providing taxi service with approximately 5,000 taxis, and 25,000 daily users. Myanmar Summary Grab tiSm;,mOf0efaqmifrI ukrP Ü rD S c&D;onfrsm; oGm;a&muf vdkonfh vrf;aMumif;wGif ae&m wpfck xyfrHxnfhoGif;iSm;&rf;Ekdif onfh Multi-Stop Rides vkyf aqmifcsuftopfudk rdwfqufcJh aMumif; od&onf/ tqdkyg vkyf aqmifcsuftopfwGif c&D;onf rsm; vrf;aMumif;wpfcx k rJ S ae&m ESpfckodkY oGm;a&mufEkdifNyD; vrf;

jrefrmEkid if w H iG f yxrqH;k a&aMumif; rSwpfqifh o,f,lydkYaqmifa&; vkyfief;rsm; vkyfudkifrnfh Water Bus udk atmufwdkbmv 6 &uf aeYwGif pwifzGifhvSpfcJhonf/ Yangon Water Bus ajy;qGjJ cif; udk vIdifom,mrS pwifajy;qGJ&ef pDpOfcahJ omfvnf; ,cktcsed t f xd rSww f ikd w f nfaqmufjcif;vkyif ef; rsm; NyD;pD;rIr&Sdao;onfhtwGuf ,ckuJhodkY tif;pdefatmifaZ,s wHwm;rS pwifajy;qGJ&jcif;jzpf aMumif; od&onf/ Yangon Water Bus ajy;qGJyg u tif;pdefatmifaZ,swHwm;rS Adkvfwaxmifqdyfurf;odkYajy;qGJ oGm;rnfjzpfNyD;? ,mOf&yfem;rnfh rSwfwdkif7ck&Sdonf/ ,mOfp;D cEIe;f xm;taejzifh wpf OD;vsio f ;kH &musyf aumufcaH eNy;D ,mOfp;D cay;acs&mwGif jynforl sm; tqifajyvG,u f pl mG aiGay;acsEidk f &eftwGufu'fpepfjzifhay;acs& rnfjzpfNy;D ? Anypayu'fjyKvyk rf nf qdkygutcrJhjyKvkyfay;rnfjzpf aMumif; od&onf/ pwifajy;qGJ&mwGif c&D;onf 60 vdu k yf gpD;ESi;f Ekid o f nfh oabFm oHk;pD;? c&D;onf 240 vdkufyg pD; ESi;f Ekid o f nfh oabFmok;H pD;ESihf c&D; onf 120 vdu k yf g pD;ESi;f Ekid o f nfh oabFm ckepfp;D pkpak ygif;oabFm tpD;a& 13 pD;jzifh pwifajy;qGJ oGm;rnfjzpfaMumif; od&onf/ aMumif;udk vdt k yfovdk owfrw S f Ekdifrnfhtjyif usoifhaiGudkvnf; App wGif BuKd wif od&e dS idk rf nfjzpf onf / Grab \ Multi-Stop Rides jzifh rdro d mG ;a&mufvo kd nfh c&D;pOfvrf;aMumif;udk vdktyfo vdo k wfrw S Ef idk o f nft h wGuf ,mOf armif;rsm;ESifh nd§EIdif;rIrsm;jyKvkyf &efrvdkonfhtjyif rdrd,mOf &yf em;vdkonfh ae&mrsm;wGif ,mOf armif; rS 5 rdepfcefY apmifq h ikd ;f ay; rnfjzpfNy;D ? usoifo h nfh pkpak ygif; usoifhaiGudk iSm;&rf;rI rjyKvkyfrD BudKwif od&SdEkdifrnfjzpfonf/c&D; onfrS wuúpiD mS ;&rf;Ny;D c&D;oGm; vmaecsdefwGif ,mOf&yfem;&ef twGuaf e&m ajymif;vJjcif;? zsuf ypfjcif;rsm; jyKvyk Ef idk rf nfr[kwb f J ,mOfarmif;rS ueOD; iSm;&rf;xm; onf h v rf ; aMumif ; twd k i f ; om vd k u f v H y d k Y a qmif a y;rnf j zpf aMumif; od&onf/ Grab onf ,ckEpS f rwfvrSpwifum &efuek f NrdKUwGifpwifajy;qGJcJhjcif;jzpfNyD;? vuf&w dS iG f ,mOftpD;a& 50000 cefYajy;qGJaevsuf&Sdum aeYpOf iS m ;&rf ; rI 25 ,000 cef Y t xd & S d onf[k od&onf/


PROPERTY & REAL ESTATE

LOCAL BIZ

24

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

October 19-25, 2017

Handicraftsman to Get A Boost

Myanmar’s Professional Real Estate Consultancy, Slade Won Asia Pacific Property Awards

S

lade Property Services (SPS) has received a 5-star award in the Property Consultancy category at the Asia Pacific Property Awards 20172018 in Bangkok, one of the industry’s most prestigious events in the region. Companies received awards in property development, real estate, interior design and architecture categories. Chosen from over 900 entries from around the Asia Pacific region, Slade Property Services has proven itself to be the very best in the Myanmar property consultancy sector, as a result of their impressive track record, involvement in the largest and most high-profile transactions in Myanmar, and their continued growth. “I am extremely proud of my team for helping to develop the business into an award winning company. We have worked hard over the past four years to

provide advice of international standard to our clients and we have had some significant success in doing so,” Hugo Slade,

Managing Director, said. The Asia Pacific Awards are part of the International Property Awards that include the regions

of Africa, Arabia, Europe, The Americas and the UK. The awards celebrate the very best projects and professionals in the industry. SPS is registered with and regulated by and the Royal Institute of Chartered Surveyors (RICS), providing property consultancy, valuation, advisory, asset management, leasing and sales services. The company, based in Yangon, is a professional real estate consultancy and has been in operation for four years. “Our clients are happy with our performance, but more importantly our team is developing personal and professional skills, gaining experience and growing as real estate professionals. My aim is to continue to grow the business and push to be a dominant force in the real estate sector in Myanmar and South East Asia.” Mr Slade added. SPS has helped to im-

prove the corporate social responsibility of the real estate consultancy industry through its sponsorship of support vehicles during the Myanmar floods of 2015, together with ongoing multiple donations to local charities, including Little Dragons Rugby, a grass roots rugby charity for underprivileged and orphaned children that develops vital life skills through sport. Myanmar Summary Slade Property Service tdrf

NcHajr0efaqmifrI vkyfief;onf tm&Sypdzw d w f cGif 0ifa&muf &Si;f jyaom ukrÜPDaygif; 900 ausmf xJ r S Asia Pacific Property Awards qk w H q d y f t m;qG w f c l ; &&SdcJhaMumif; od&onf/ befaumufwGif usif;yjyKvkyf aom Property Development Real Estate Interior Design ESihf Architecture tcrf;tem;xJrS qk w H q d y f w pf c k j zpf a om Asia Pacific Property Awardsud k jrefrmhtrd Nf caH jraps;uGuw f iG f wd;k wufatmifjrifrI? taumif;qHk;

handicraft export is approximately $1.9 billion annually.

aqG;aEG;tBuHay;jcif;paom 0ef aqmifrIrsm;aMumifh The Best

Myanmar Summary

Myanmar Estate Consultancy

Asia Pacific Property Awards tdrfNcHajr qkay;yGJonf

EdkifiHwumtdrfNcHajrqkay;yGJ rsm; \ wpfpw d w f pfyikd ;f jzpfNy;D tmz&du? tma&AD,m? Oa&my? tar&duef ESihf UK Edik if rH sm;vnf; yg0ifonf/ Slade Property Services onf

Royal Institution of Chartered Surveyors (RICS) wGif w&m;0if rSwyf w kH ifxm;Ny;D Property Consultancy,Valuation, Advisory, Asset Management , Leasing ESihf Sale Service rsm;udk taumif;qH;k

Oak Kyaw Hein

H

0efaqmifrIrsm;ay;vsuf&Sdonf/

20,000 Applications Received For Government Housing Project Oak Kyaw Hein

M

tion instructed the department to complete the housing project in Yangon for public servants by March of next year. Public servants who will retire in the 2018-2019 fiscal year will be given first priority to buy apartments,” DUHD’s Director U Yu Khaing, said. Of the total number of applications received, 18,000 public servants applied for Yangon’s housing project and the other 2,000 candidates applied for housing projects in other areas, U Yu Khaing, Director of Department of Urban and Housing Development, said. Public servants will be able to lease or buy apartments. The leasing fee for public servants will be 3-5% of their salary and is priced according to their position in the government, which is sure to soothe the pervasive concern of endemic cronyism and corruption with the Union government. As for purchasing apartments, the price for each

ranges from K7,000,00010,000,000 ($5,1007,400) and is based on what floor level the apartment is located on. Applicants will have to deposit 30% of the apartment’s value with the Construction of Housing Development Bank and the bank will then loan the remaining 70% to the applicants to buy apartments under a 15-year loan. Myanmar Summary

wdkif;ESifhjynfe,f toD;oD;rS

oHk;ESpftwGif; tNidrf;pm;,lrnfh tpdk;&0efxrf; ESpfaomif;ausmf onf Edkifi0Hh efxrf;tdrf&mpDrHudef; rS wd k u f c ef ; rsm;ud k 0,f , l & ef pm&if;ay;xm;aMumif; NrdKUjyESifh tdrf&mzGHYNzdK;a&;OD;pD;XmerS od& onf/ oH;k ESpt f wGi;f tNird ;f pm;,lrnfh 0efxrf; ESpfaomif;ausmf teuf &efuek w f ikd ;f wGif aexdik &f ef pm&if; ay;xm;onf0h efxrf; 18,000 OD; cef&Y NdS y;D tjcm;jynfe,fEiS w hf ikd ;f rsm; wGifaexdkif&ef pm&if;ay;xm;ol 20000 ausm&f o dS nf[k NrKd UjyESit hf rd f

&mzGHYNzdK;a&;OD;pD;XmerS ñTefMum; a&;rSL; OD;,kcdkifu ajymonf/ ]]Edik if 0hH efxrf; tdr&f mpDru H ed ;f udk vmrnfhESpf rwfvtwGif; tNyD; wnfaqmufzdkY aqmufvk yfa&; 0efBu;D Xmeu nTeMf um;xm;w,f/ 2018-2019 b@mESprf mS yifpif ,lr,fholawGudk wdkif;a'oBuD; tpdk;&tzGJY u a&mif;csay;oGm; r,f}}[k ¤if;u qdkonf/ '*HkNrdKUopfqdyfurf;NrdKUe,f? a&T vDvrf;ESihf jreE´mvrf;axmifw h iG f ,ckEpS f yGiv hf if;&moDrpS wif wnf aqmufoGm;rnfjzpfonf/

Phyo Thu

ore than 20,000 public servants who are scheduled to retire in the next three years, have submitted applications to buy apartments in housing projects being built by the Department of Urban and Housing Development (DUHD) under the Ministry of Construction, according to an exclusive news release from DUHD for Myanmar Business Today. “The project is exclusively for public servants and will be completed in two years from the ground breaking ceremony which was held on August 27, 2017,” U Min Htein, Director General of Department of Urban and Housing Development, told Myanmar Business Today last week. The Ministry of Planning and Finance has designated regions in Nay Pyi Taw, Mandalay, Yangon, and a few other states and regions as areas to receive government housing, ac-

cording to the Department of Urban and Housing Development under the Ministry of Construction. The Yangon project area will occupy 183 acres between Shwe Li Road and Mya Nandar Road in Dagon Seikan township, while the Mandalay project takes up 30 acres in Magin village, and Nay Pyi Taw has 20 acres of land in Dakhinathiri township. The whole housing project will consist of 100 units with each unit having approximately 40 apartments for a total of 4,000 apartments to be constructed. In addition to the housing project in Yangon, schools, clinics, and markets will also be constructed. The Ministry of Construction will contribute to the cost of leasing units from their national budget and the Myanmar Construction Entrepreneurs Association will invest in for-purchase units. “Ministry of Construc-

Government’s housing projects in Thuwana Township, Yangon

jrefrmEdkifiHrS vufrIypönf;rsm; udx k ikd ;f ?AD,uferfEiS hf tif'ekd ;D &Sm; Edik if rH sm;odYk t"duxm;wifyo Ykd mG ; rnfjzpfaMumif; pD;yGm;a&;ESifhul; oef;a&mif;0,fa&;0efBuD;Xme? jrefrmukeo f , G rf I jri§ w hf ifa&;Xme rS od&onf/ tqdyk gvufryI pön;f rsm;udk Edik if H jcm;c&D;oGm;rsm;ESihf jyifyEdik if rH sm; odkY wifydkYa&mif;csaejcif; jzpfNyD; [kw d ,fEiS hf c&D;oGm;vma&;0efBu;D XmevufatmufwiG &f adS omjrefrm EdkifiH trSwfw&ypönf; xkwfvkyf wif y d k Y a &mif ; csol r sm;toif ; rS vufrIypönf;ESifh ywfoufonfh oifwef;rsm;udk EdkifiHjcm;tzGJYt pnf;rsm;jzifh yl;aygif;um tcrJh oifMum;ay;vsu&f NdS y;D oifwef;udk rnforl qdk wufa&mufEik d u f m aus; vuf oifwef;rsm;wGif t"du xm;oifMum;ay;vsuf&dSaMumif; vnf; od&onf/ ]]tckvuf&Sd wifydkYaewJhEdkifiH awGu vufrIypönf;aps;uGufeJY

qkjzifh todtrSwfjyKcHcJh&onf/ ]]tck v d k ' D q k u d k uRef a wmf w d k Y ukrÜPDu &&SdcJhwJhtwGuf t&rf; *kP, f 0l rf;ajrmufryd gw,f/ vGecf hJ wJah v;ESpw f m umvywfv;kH Edik if H wumtqifrh aD tmif BuKd ;pm;cJv h Ykd tck v d k a tmif j rif r I & &S d w myg/ uRef a wmf w d k Y & J U Cilent rsm;u vnf;0rf;omauseyfaerSmyg}}[k Slade Property Services \ refae*sif;'g½dkufwm Mr.Hugo Slade u ajymonf/

Zarni Min Naing

Zin Thu Tun

9

Myanmar Business Today mmbiztoday.com

andicraftsmen in Myanmar are looking for overseas markets to sell their wares to, especially in Thailand, Vietnam, and Indonesia, according to Trade Promotion Department of Ministry of Commerce. Myanmar has a long tradition of producing handicrafts. Myanmar’s handicraft market for both local and foreign buyers has grown in the last couple of years, as venues to buy items have expanded from historical pagodas, and local markets — like the Bogyoke Aung San Market — to art galleries and shopping malls. In spite of this, the handicraft market has been slow to turn into an organized industry even as the market has risen. The Myanmar Handicraft Art Association and Ministry of Commerce are making efforts to boost the export volume of Myanmar’s handicrafts to foreign countries. This includes offering courses on marketing, holding workshops, job fairs, and linking local businessmen with the foreign buyers. The ministry has been

enhancing the traditional handicraft business on a manageable scale. Concerted efforts will be expended to improve Myanmar’s traditional handicraft sector. Traditional arts of Myanmar, which is known as “ten arts” (Pan-se-myo), are preserved as the techniques are passed down from generation to generation. “The three countries have potential, but we need to boost export by drafting new policy,” U Aung Soe, Director General of Trade Promotion Department under Ministry of Commerce, said. Handicraft business owners are currently holding meetings with officials to discuss how to boost export, but at the same time, minimizing any negative environmental impact this might have on countries importing the wares. Last year, Myanmar exported traditional handicrafts worth about $12 million to Europe, whereas, Cambodia exported handicrafts worth $45 million, and Vietnam was able to export handicrafts worth an astounding $442 million. Myanmar’s worldwide

ywfoufNy;D tvm;tvmaumif; w,f/ 'gaMumifh tckxufydkNyD; wifydkYEdkifatmif BudK;pm;aew,f/ vufrIypönf; xkwfvkyfzdkYtwGuf vnf; Oya'awGa&;qGJNyD;abmif xJuaeyJ vkyfaqmifoGm;rSmyg}} pD;yGm;a&;ESifh ul;oef;a&mif;0,f a&;0efBu;D Xme? jrefrmukeo f , G rf I jriS w hf ifa&;XmerS ñTeMf um;a&;rSL; csKyf OD;atmifp;kd u ajymMum;onf/ vuf&w dS iG f vufryI pön;f rsm;udk jynfyEdkifiHrsm;odkY wGifus,fpGm wifydkYEkdifa&;twGuf vufrIvkyf ief;&Sifrsm;ESifh awGYqHkaqG;aEG;ae NyD; xdkodkYaqG;aEG;&mwGif obm0 ywf 0 ef ; usif u d k xd c d k u f a prnf h vufryI pön;f rsm;udk jynfyodw Yk if oGi;f a&mif;csjcif; rjyK&ef vkyif ef; &Sirf sm;bufrS uefu Y u G cf ahJ Mumif; vnf; od&onf/ vufrIypönf;rsm;udk jynfyodkY wifyaYkd &mif;cs&m AD,uferfEikd if o H Ykd wifydkYa&mif;csrIrSm trsm;qHk;jzpf um wpf E S p f v sif tar&d u ef a':vm1.9 bDvD,Hzdk;cefYwifydkY a&mif;csEdkifaMumif;vnf; od& onf/


LOCAL BIZ

10

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

New Expo to Meet Myanmar’s Hot Growing Tourism Industry Myanmar Summary

jrefrmEdik if w H iG f yxrqH;k tBurd f tjzpf jyKvyk o f mG ;rnfh Myanmar International Tourism Expo (MITE) udk vmrnfhESpf Zlvdkifv

wGif &efukefNrdKUwyfrawmfcef;r wGif jyKvkyfoGm;rnfjzpfaMumif; od&onf/ Zlvdkifv 20 &ufrS 22 &ufxd usif;yrnfh ,if;jyyGJonf EkdifiH wumc&D;oGm;vkyif ef;rsm;twGuf tquftoG,faumif;rsm;tjyif jynfwGif;c&D;oGm;vkyfief;rsm;udk vnf; &&SEd ikd rf mS jzpfaMumif; jyyGu J kd OD;aqmifrnfh Index Creative

A view of press conference of the first Myanmar International Tourism Expo (MITE) hosted at Union of Myanmar Federation of Chamber of Commerce and Industry on 2017 October 10

Phyo Thu

T

he first Myanmar International Tourism Expo (MITE) — organized by ICVeX, a professional exhibition company in Southeast Asia — will take place at the Tatmadaw Exhibition Hall from July 20-22, 2018. MITE will be a platform for foreign tourism organizations to network with Myanmar companies and for Myanmar people to discover new overseas destinations as well as limited-time exclusive offers, according to its press conference on October 10, 2017. To assure the success of the exhibition and increase its awareness to the booming Myanmar tourism industry, the expo is co-organized and endorsed by the Union of Myanmar Travel Association (UMTA) and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) “We are thrilled to be

launching this new exhibition in Yangon. This event will be ICVeX’s sixth event after its five trade exhibitions in Myanmar. Myanmar has untouched tourism destinations with much potential and MITE will be a new dedicated platform that will help to develop this emerging market,” Chinakit Viphavakit, General Manager of ICVeX, said at the press conference. The event is also sponsored by the Tourism Authority of Thailand and cosponsored by the Tourism Bureau, Republic of China (Taiwan). Tourism of Cambodia will also be present along with approximately 100 local and foreign companies that will introduce new destinations and promotions to the 3,000 expected visitors. “Myanmar has become a top tourism destination and more and more Myanmar people travel overseas. That is why, ICVeX and its partners have decided to introduce this trade show. Open to eve-

ryone, it will showcase exclusive offers for the consumers who want to enjoy new travel experiences. It will also enable the Myanmar tourism companies at large to find the best international partners to grow their business,” Ajinveat Vhongthong, Project Manager of ICVeX, said. Myanmar tourism industry has become one of the fastest growing in the country with almost 3 million foreign tourists in 2016 according to statistics from the Ministry of Hotels and Tourism. There were only 1 million tourists in 2012 — by the time Myanmar opened up — but the country’s Tourism Master Plan is expecting an increase in international tourists to be nearly 7.5 million in 2020. The contribution of inbound travel & tourism to Myanmar’s total GDP was only 2.2 percent in 2014, however the World Travel and Tourism Council forecasts the sector’s total contribution to Myan-

Myanmar tourism industry has become one of the fastest growing in the country with almost 3 million foreign tourists’

mar’s GDP will increase by 7.8 percent annually from 2017 to 2026. In addition to inbound tourism, Myanmar is currently experiencing a rapid growth in outbound tourists. Until now, Myanmar people were mainly visiting Thailand and Singapore. With a population of around 50 million citizens, a high annual GDP growth, and a change in lifestyles, the number of Myanmar people visiting overseas has been growing since

2012 and hit 1 million in 2016 according to statistics of UMTA. They are now exploring new destinations to fulfill their needs whether it’s for leisure, education, business, or health. MITE is now taking reservations from exhibitors. Registration for visitors will be free. Reserve a booth before November 15, 2017 and receive an early-bird rate 10% off. Registration can be done through ICVeX’s website: www.icvex.com

u qdkonf/ ]]'D MITE jyyGJu ICVex u jrefrmEkdifiHrSmjyKvkyfwJh ajcmufck ajrmufjyyGjJ zpfygw,f/ jrefrmEkid if H rSm c&D;oGm;vkyif ef;twGuf cdik rf m wJh tvm;tvmaumif;awG &Sad e Ny;D 'DjyyGu J aeBu;D rm;wJh aps;uGuf taxmuftulay;Ekid rf ,fh tquf toG,faumif;awGay;Edkifr,fvdkY arQmfvifhxm;ygw,f}}[k ¤if;u ajymonf/ ukefonfrsm;ESifh pufrIvufrI vk y f i ef ; &S i f r sm; toif ; csKyf (UMFCCI) ESifh jrefrmEkdifiHc&D; oGm;vkyif ef;&Sirf sm;toif; (UM TA) wdkYuvnf; t"duyHhydk;oGm; rSm jzpfNyD; Tourism Authority of Thailand? Tourism Bureau? Republic of China (Taiwan)? Tourism of Cambodia wd k Y u vnf; ulnDoGm;rnfjzpfonf/ jynfwGif;jynfy ukrÜPD 100 ausmf E S i f h j yyG J v ma&muf o l oH k ; axmifcefYuvnf; y½dkrdk;&Sif;tpD tpOfrsm;udk rdwq f ufomG ;rSm jzpf aMumif;od&onf/ [dkw,fESifhc&D;oGm;vma&;0ef MuD;Xme\ xkwfjyefcsufrsm;t& 2016 ckESpfwGif EdkifiHwumc&D; oGm;oHk;oef;cefY0ifa&mufcJhNyD; 2012 ckEpS w f iG u f rÇmvSnchf &D;onf wpfoef;cefo Y m0ifa&mufco hJ nf/ 2020 c&D;oGm;vkyfief;AsL[m t& 2020 ckESpfwGif EdkifiHwum {nf h o nf 7 'or 5 oef ; xd jrefrmhc&D;oGm;vkyfief;taejzifh arQmfrSef;xm;NyD; 2014 ckESpfwGif Edik if \ H *s'D yD D 2 'or 2 &mcdik Ef eI ;f jrifhwufvmcJh&mrS 2017 ckESpfrS 2026 ckEpS t f xd 7 'or 8 &mcdik f EIe;f xd wd;k wufvmEdik rf nf[k arQmf rSef;xm;aMumif; od&onf/

23

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

IRD Measures to Clean up Property Trading Lin Latt

A

s part of efforts to prevent black money investment in the property market, the Internal Revenue Department (under the Ministry of Planning and Finance) announced on October 2 that it will sell stamps only to buyers who can prove a legal source of income, according to an announcement on October 2. All property trading in Myanmar must be conducted using government issued stamps, in accordance with the government’s plan to regulate the real estate industry and create more revenue. The Price Valuation Board of the Internal Revenue Department sets the country’s property prices by region, in an effort to ameliorate sudden fluctuations in the economy. The Ministry’s property prices are directly connected to the property tax rate; 15 per cent for a purchase of K1 to K300 lakh, 20 per cent for K301 lakh to K1,000 lakh, and 30 per cent for each property purchase over K1,001 lakh. This year’s valuation established the property price in some regions to be K500,000 per square foot, down from K550,000 the previous fiscal year. However, the valuation will differ from location to location. The Yangon Price Valuation Board has set the value of

plots on Kabar Aye and Pyay Roads, in the city’s more expensive district, at K400,000 per square foot, while the price in industrial areas is K210m per acre. The IRD sells stamps for property trade through their branches nationwide, and also through authorized dealers for an additional fee ranging from K5 to K1,000. In June 2016, the Department authorized 298 dealers in 93 townships across the country to sell stamps, a figure which has risen to 351 authorized stamp dealers in 101 townships, according to IRD statistics. The original 5 per cent stamp duty was reduced to 4 per cent in July. The Ministry of Planning and Finance intends to reduce the current 30 per cent tax for real estate trade, to aid market recovery.

Zarni Min Naing

Phyo Thu

Village exhibition organizer Co.,Ltd ICVex \ taxGaxG refae*sm Chinakit Viphavakit

PROPERTY & REAL ESTATE

Myanmar Summary

td r f ? NcH ? ajr?wd k u f c ef ; 0,f , l a&mif;csjcif;rsm;wGif vdt k yfonfh tcGew f q H yd af cgif;rsm;tm;umv wefzdk; pdppfowfrSwfa&;tzGJY\ wefz;kd owfrw S cf surf rI sm;ESihf 0if aiG&vrf;rsm;udk pdppfNy;D rSa&mif;cs ay;oGm;rnfjzpfaMumif; jynfwiG ;f tcGefrsm; OD;pD;XmerS atmufwkd bm2&ufaeYu owif;xkwjf yefchJ onf/ ,ck E S p f t wG u f &ef u k e f w d k i f ; a'oBuD;tygt0iftjcm; jynf e,fEiS hf wkid ;f a'oBu;D rsm;twGuf td r f NcH a jrwd k uf cef ;rsm; 0,f ,l a&mif;csjcif;rsm;tay: umv

wefz;kd owfrw S rf rI sm;udk jynfwiG ;f tcGerf sm;OD;pD;Xmeu xkwjf yefay; xm;onf/ &efukefwdkif;a'oBuD;twGif;&Sd vuf&dS pnf;MuyfEpS t f wGuf umv wefzdk; pDppfowfrSwfa&;tzGJYrS tcGefpnf;Muyf&efowfrSwfay; onf h ajruG u f p H E I e f ; rsm;wG i f owfrSwfrItjrifhqHk;tjzpf jynf vrf;ESihf urÇmat;apwDvrf; rsm; wpf a vsmuf w G i f wpf p wk & ef ; ayusyfav;odef; owfrSwfxm; NyD; pufrIZkefrsm;wGifrlwpf{u vsif usyfodef;2100 txdtjrifh

qH;k owfrw S af y;xm;aMumif; od& onf/ jynfwGif;tcGefrsm; OD;pD;Xme taejzifh wdkif;?jynfe,frsm;wGif NrdKUe,ftcGef½Hk;XmerSL; ½Hk;rsm;ESifh aejynfawmf? &efuek w f w Ykd iG w f q H yd f acgif;ta&mif;aumifwmrsm;wGif wHqyd af cgif;rsm;udk jynforl sm;xH odkY a&mif;csay;aeaMumif;ESifh vdik pf if& wHqyd af cgif;a&mif;csol rsm;xHwGifrl wefzdk;5usyfwefrS 1000 usyw f eftxdwq H yd af cgif; udk 0,f,lEdkifaMumif; owif;&&Sd onf/

wHqdyfacgif; 0,f,lvdkolrsm; tqifajyvG,fulpGm 0,f,lEkdif &ef twGuf2016 ckESpf ZGefvrS pwifí NrdKUe,faygif; 93 NrdKUe,f wGif vdkifpif&wHqdyfacgif;a&mif; csolta&twGuf298 OD;udk cGifh jyKcJhNyD; vuf&Sdb@mESpfZlvdkifv txd NrdKUe,faygif; 101 NrdKUwGif vdik pf if& wHqyd af cgif;a&mif;csol aygif; 351 OD;jzifh a&mif;csay;ae aMumif; jynfwGif;tcGefrsm;OD;pD; XmerS od&onf/ tdrfNcHajr w&m;0ifa&mif;0,f &mwGif toHk;jyK&onfh wHqdyf

acgif;tcGefudk2017 ckESpf ZGefv twGi;f u 5 &mcdik Ef eI ;f rS 4 &mckid f EIe;f odYk avQmch say;Ny;D aemuf tdrNf cH ajrta&mif;t0,f aES;auG;ae jcif;aMumifh 0ifaiGcGeftay:pnf; Muyfonfh tcGef 30 &mcdik Ef eI ;f jyif qif a vQmh c say;&ef pOf ; pm;ae aMumif; pDru H ed ;f ESihf b@ma&;0ef BuD ; Xme jynf a xmif p k 0 ef B uD ; OD;ausm0f if;u Zlvikd v f twGi;f u ajymMum;xm;cJ h z l ; aomf v nf ; vuf&Sdtcsdeftxd xl;jcm;rlr&Sd ao;ay/

Hnin Zi Housing Project Nears Completion Zin Thu Tun

O

ne of the government’s housing projects to tackle illegal settlement in Yangon, Hnin Zi Housing Project in Hlaing Thayar Industrial Zone, will be completed this month, according to Yangon Region Industrial Development Committee. The project, under the direction of the Ministry of Construction since the USDP-led government in 2014 occupied 14 acres of government land near Hlaing Thayar Industrial Zone, has been ongoing for three years.

“99.9 percent of the overall project is completed and we just need to erect sign boards and organize security facilities. After that, government officials will attend the launch ceremony and celebrations,” said U Aung Thaung, Chairman of Yangon Industrial Development Committee. There are a total of 1,560 apartments in 25 buildings Each building contains two different sizes of apartments; 400 square feet and 324 square feet. The price for each apartment is based on floor level and area: fifth-floor apartments are around

K6.8m, while a ground floor unit costs K9m. “The Construction and Housing Development Bank (CHDB) did not provide a loan for the project. The Ministry of Construction instead invited tenders from the private sector,” U Aye Thaung said. “We have focussed on quality and resistance for this project - which is unusual for low cost housing projects. We have provided a standard bathroom, toilet, and lobby, and included a fire extinguisher and CCTV. Buyers purchasing under the pre-sale system are already living in the com-

pleted apartments,” he added. The Hnin Zi Housing Committee will check whether prospective buyers are genuine blue collar workers, because the project is intended for workers in Hlaing Thayar and Shwe Lin Pan Industrial Zones. Of the 26 buildings, 18 are allocated for buyers from Shwe Lin Pan Industrial Zone and the other 8 buildings are for workers in Hlaing Thayar Industrial Zone. Myanmar Summary

pufrZI ek t f wGi;f rS vkyo f m;rsm; twG u f taumif t xnf a zmf

wnfaqmufxm;aom ESi;f qDtrd f ,m pDru H ed ;f &Sd tdr, f m(26) vH;k udk wnf a qmuf N yD ; aemuf ,ck v twGi;f zGiv hf pS Ef ikd &f efaqmuf&u G f oGm;rnfjzpfaMumif; od&onf/ tcsed o f ;kH ESpMf um aqmufvyk cf hJ aom ESi;f qDtrd , f mpDru H ed ;f onf vdIifom,m pufrIZkefteD;tpdk;& ydkifajr 14 {utay:wGif ,cif tpd;k &vufxuf2014 ckEpS f wGif aqmufvkyfa&;0efBuD;Xme 0ef Bu;D \ vrf;ñTecf sujf zifh taumif txnfazmfaqmif&GufcJhjcif;jzpf onf/ tqdyk g tdr, f mwGif tcef; ta& twGuf 1560 &SNd y;D txyftm;jzihf ig;xyf&u dS m taqmufttHk tvk;H aygif;25 vH;k &SNd y;D pkpak ygif;ukeu f s p&dwfodef;usyf4000 cefY&Sdonf

[k od&onf/ tdr, f mwpfv;kH wGif 5 vTm&Su d m tay:qHk; txyfusyf 62 odef;? pwkwåtvTm wwd,tvTmusyf 68 ode;f ? 'kw, d tvTm usyo f ed ;f 70 ausmf? yxrtvTmusyf odef; 82 ausm?f ajrnDxyfukd usyo f ed ;f 90 ausmf owfrw S x f m;Ny;D tcef; tus,f y Qrf ; rQ ay20_20? ay 18_ 18 &SdaMumif; od&onf/ tqdyk gtdr, f mrsm; wnfaqmuf &efaqmufvyk af &;ESihf tdr&f mzGUH NzKd ; wd;k wufa&;bPf acs;aiGr&aom aMumifh aqmufvyk af &;ukrP Ü rD sm; tm;wif'gac:,lí toufom qHk;aps;EIef;jzifh wnfaqmufcJh aMumif; OD;at;aomif; u&Sif;jy onf/


INVESTMENT & FINANCE

22

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Luxury Limousine Services Coming to Myanmar Zin Thu TUn

A

provide a ‘Whole Fleet at Your Call’ for our Myanmar based clients,” Tony Heng, Managing Director of SMRT Taxies and Private Hire Services, said. The limousines service can be used by private individuals, groups, and business. “Our service is unique, provides qualified drivers, and I believe that our customers will be satisfied with our service, which will help modify our country’s image,” U Chan Nyein Zaw, Managing Director of Alliance Urban

Transports Company, told Myanmar Business Today. The joint venture agreement did not mention the total investment amount. Service fees will be released soon, Mr. Tony Heng, said. Myanmar Summary

pif u myl t ajcpd k u f SMRT Taxis ukrP Ü o D nf jrefrmEdik if w H iG f ukefvrf;o,f,lydkYaqmifa&; 0ef aqmifrIu@udk vkyfaqmif&ef twG u f Toyota Tsusho Asia Pacific ES i f h Alliance Urban Transports (AUT) ukrP Ü w D jYkd zifh

tusK;d wl yl;aygif;aqmif&u G rf nfh em;vnfrI pmcRev f mT vufrw S af &; xdk;cJhonf/ tqdyk g vufrw S af &;xd;k yGu J kd Ny;D cJhonfh atmufwdkbm(12)&uf EdkAdkw,f[dkw,fü usif;ycJhonf/ Strides ukrÜPD\ zufpyfvkyf ief;wGif &efukefNrdKUwGif;ESifhjyify NrKd Ursm;odYk 0efaqmifraI y;½Ho k mru ZdrfcHum;rsm;jzifh tqifhjrifh0ef aqmifraI y;jcif;u@udk vmrnfh 2018 ckEpS f yxroH;k vywfumv wGif pwifoGm;rnfjzpfaMumif; SMRT Taxis and Private Services \ tkyc f sKyrf I 'g½du k w f m Mr. Tony Heng uajymonf/

zufpyfvkyfief; vkyfudkifrnfh Strides wGif SMRT Taxis ukrP Ü D rS 60 &mcdik Ef eI ;f ydik q f ikd Nf y;D Toyota Tsusho Asia Pacific ESifh Alliance Urban Transports ukrP Ü rD S 20 &mcdik Ef eI ;f ydik q f ikd af Mumif; od& onf/ o,f,yl aYkd qmifa&; 0efaqmifrI ay;&mwGif wpfOD;csif;? rdom;pk tvkduf? ½Hk;tpktzGJUtpnf;vdkuf pD;eif;rIrsm;udk t&nftaoG;jrifh rm;aom udk,fydkifum;rsm;jzifh aqmif&Gufay;rnf jzpfaMumif; od&onf/

11

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

CGXM: A Central Gold Exchange Market Coming Soon Phyo Thu

M

yanmar Gold Entrepreneurs Association (MGEA) expects that the Central Gold Exchange Market (CGXM) facility will be constructed before the end of this year. This is needed to help facilitate the local gold trade that includes banks, insurance companies, and financial organizations, according to U Kyaw Win, Secretary of MGEA. CGXM’s Secretary U Kyaw Win, said: “ We have designated three locations to construct the CGXM facility, and submitted our proposal to the government. Now we are waiting for official approval on these locations." Majority of the members of the association proposed a location to construct the market in Mayingone Township as a temporary market location, but are still waiting for approval from the government. Gold trading through a central gold exchange will play an important role in stabilizing the kyat and promoting trade, Secretary U Kyaw Win said. The local gold trade is negatively effected by a lack of transparency and money laundering, which impacts foreign currency exchange rates.

Phyo Thu

leading provider of limousine services has made its first overseas venture in Myanmar. Strides Transportation — owned by SMRT Corporation based out of Singapore — and its established partners in Myanmar, agreed to a joint venture in order to provide limousine services across the nation starting early next year. In the new partnership, called SMRT Strides Toyotsu Alliance, Strides will take a 60% stake in the joint venture, while Alliance Urban Transports (AUT), and Toyota Tsusho Asia Pacific — a member of the Toyota Group of Companies — will split the remaining balance equally at 20% each. AUT is a Myanmar company which is partly owned by Elite Telecom Public Company Limited, and JFQ Capital Holdings Private Limited; to which SMRT taxis is the consultant for their driver vocational school in Yangon. The signing ceremony

was hosted at Novotel Hotel on October 12, 2017. Strides’ luxury cars will service esteemed clients, not just in Yangon, but to cities outside of Yangon. These limousines are expected to commence operations in the first quarter of 2018. Leveraging on SMRT’s longstanding track record of operating multi-model transport options — including over 25 years in taxi operations — Strides is well positioned to serve the growing market for limousine service in Myanmar. Partners Toyota Tsusho and AUT will also add to the credibility of the joint venture and its premium transport services. “With the expertise of SMRT, Toyota Tsusho, and our local partner Alliance Urban Transports, we seek to offer the same unparalleled limousine services and car rental services, that we are known for, to corporate and business travelers in Myanmar. With a range of luxury vehicles and sedans, Strides will

LOCAL BIZ

At a meeting with local entrepreneurs last June, Vice President U Myint Swe said: “A lack accurate numbers on productivity and market capital makes it hard for the government to develop an effective gold trading policy.” The association is reviewing the policies and terms and conditions that buyers and sellers will abide by at the market that will be finalized by the end of this year, U Kyaw Win added. According to Myanmar’s Mining Law, it is illegal to trade gold overseas because this precious

metal is related to the dollar exchange rate. “That is why the Central Bank of Myanmar and Ministry of Commerce have put gold on the restricted list,” said U Khin Maung Lwin, deputy permanent secretary of the Ministry of Commerce. Because of the restrictions on gold trading, gold is smuggled from Myanmar’s Shan State across the border to China and Thailand, thus denying the Myanmar government hundreds of millions of dollars in tax revenue every year. “Gold bullion from My-

anmar needs be exported to foreign countries in order to generate revenue. So Gold should be removed from the restricted items list issued by Ministry of Commerce. However, there is also a need to change the Myanmar gold measurement system to the international gold standards and measuring systems, U Kyaw Win said. Under the previous Thein Sein government, the president’s office gave approval to construct a central gold trade market to enable trade with international markets.

The Ministry of Natural Resource and Environmental Conservation, the Central Bank of Myanmar, the Myanmar Gold Entrepreneurs Association, and the Myanmar Gold Development Public Company are closely working together to ensure the success of the market, to provide more transparency and to limit gold smuggling. Myanmar Summary

&efuek w f ik d ;f wGi, f ckEpS rf ukerf D a&T A[dkaps;uGuf ay:aygufvm&ef arQmfrSef;xm;aMumif; jrefrmEkdifiH a&Tvyk if ef;&Sirf sm;toif;rS twGi;f

a&;rSL; OD;ausmf0if;u ajymonf/ "tpd;k &ydik ;f tay:rlwnfNy;D awmh 'DESpfrukefjzpfvmEkdifzdk hqdkwmjzpf ygw,f/ ae&muawmh vuf&SdrSm vsmxm;wJah e&mok;H ae&mavmuf &SdwJhtwGuf BudKajymvdkYawmh r& bl;/ tpdk;&u cGifhjyKay;wJh ae&m ay:rl w nf N yD ; awmh tajccH t aqmufttHkydkif;qdkif&mawGxyf aqmufoifhvm; rGrf;rHoifhvm; qkw d mMunf&h r,f}}[k,if;u ajym onf/ a&TA[dk aps;uGuaf y:aygufvm rIwGif yGifhvif;jrifomrI&SdpGm aps; EIe;f owfrw S jf cif;? tGev f ikd ;f toH;k jyKum a&Tta&mif;t0,f jyKvkyf jcif;rsm;tygt0if tm;vHk;yg0if Ekid rf nfah ps;uGuaf y:aygufvm&ef vkyaf qmifomG ;&ef ponft h csuf rsm;tay:tajccH oG m ;rnf jzpf aMumif;od&onf/ a&TA[dk aps;uGuftwGuf enf; ynmydkif; jznfhpGufoGm;rnfjzpf aMumif;ESifh a&TA[dkaps;uGufjzpf ay:vm&ef pnf;rsO;f rsm;udt k acsm owfa&;qGJoGm;rnfjzpfaMumif; ¤if;u xyfrHajymonf / a&T A [d k a ps;uG u f r S wqif h tao;pm;? tvwfpm; a&Tvyk if ef; vkyu f ikd o f rl sm;udk Edik if w H umaps; uGufudkoGm;Edkifrnhf vrf;aMumif; wpfckqDoGm;Ekdif&ef vkyfaqmif oGm;rnfjzpfum jrefrmha&TpHEIef; twdwus owfrSwfuma&mif;cs oGm;EdkifrSmjzpfaMumif; od&onf/ ,if;aps;uGufay:aygufvmyg u jrefrmEkdifiH\yxrqHk;a&Taps; uGujf zpfay:vmEdik rf nfjzpfNy;D r&rf; uke;f NrKdUe,fwiG w f nfaqmufomG ;&ef vwfwavmvsmxm;onf/


LOCAL BIZ

INVESTMENT & FINANCE

12

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

October 19-25, 2017

Pharma Company Opens New Plant in Shwe Pauk Kan

M

Foreign visitors are seen at Yangon’s great Shwedagon Pagado

yanmar's Shwedagon Pagoda attracted 445,000 foreign visitors in the first nine months of this year,

according to the pagoda's Board of Trustee on Saturday. Thailand topped the list with over 93,000 visi-

tors, followed by China with 37,000 visitors and others from South Korea, Japan, France, Germany and the United States.

The board's figures also showed that more than 500,000 tourists from over 40 countries and regions visited the Shwed-

Myanmar Summary

urÇmvSncfh &D;oGm;rsm; twGuf &efuek Nf rKd U&Sd txifu&ae&m wpf ckjzpfaom a&Twd*Hk apwDawmfodkY Edik if jH cm;om;rsm; vma&muf vnf ywfrIonf ,ckESpfpuae udk;v twGif; OD;a& 445,000 xd &SdcJh onf[k a&Twd*Hka*gyu tzGJU\ pm&if; Z,m;t&od&onf/ tqdyk g Edik if jH cm;c&D;oGm;rsm; xJ wGif xdkif;EdkifiHuae vma&muf vnfywfolOD;a& 93,000 jzihf xdyq f ;kH u ae&m,lxm;Ny;D w½kwf EdkifiH uae 37,000 jzihf 'kwd, ae&mwG i f & S d a eum awmif u d k ; &D;,m;? *syef? jyifopf? *smrPD ESihf tar&duefjynfaxmifpku vma&muf vnfywfMuonf[k od&onf/ a&Tw*d akH pwDawmfoYkd Edik if aH ygif; 40 ausmu f vma&muf vnfywfol pkpkaygif; wpfESpfvQif ig;odef; ausmf x d & S d o nf [ k od & onf / ,ckESpf &SpfvtwGif; EdkifiHjcm; c&D;onfESpfoef;ausmf0ifa&muf cJhonf/ vmrnfh 2020 ckESpfwGif c&D; oGm;OD;a& 7 oef; 0ifa&mufvm &ef t"duypfrw S x f m;aeaMumif; od&onf/

Oak Kyaw Hein

S

ilver Shine International Co. Ltd., a pharmaceutical company established in 1995, is to begin manufacture at a new factory in Shwe Pauk Kan Industrial Zone. This will be the company’s second factory in the industrial zone, according to Managing Director U Pe Hlaing. Silver Shine started as a cottage industry producing home remedy, overthe-counter (OTC) drugs and built their first pharmaceutical factory in Yangon in 1997 following increased demand for their quality OTC treatments. The newly built plant will produce similar drugs, but is ready to expand its line in response to changing market demand. “The new plant is currently in operation, although the official opening is not until later this month. We plan to produce 50 to 60 types of drugs: painkillers, fever relievers, and paediatric drugs,” U Pe Hlaing

Myanmar Launches Disaster Risk Mitigation Action Plan

T

Kyaw Min

A

Myanmar Summary

jrefrm tpd;k &taejzihf obm0 ab; tEå&m,f avsmah ygha&; tpD tpOfwpfcu k kd pwifvu kd Nf y;D Edik if H twGif;&Sd obm0ab;tEå&m,f umuG,af &;vkyif ef;rsm;udk tpGr;f ukef BuKd ;yrf;oGm;rnf[k Edik if aH wmf 'kw, d or®w OD;[efe&D Aefx;D ,l uae ajymMum;vdkufonf/ 2016 ck E S p f atmuf w d k b m vuwnf;u pwifcahJ om tqdyk g avsmhayhga&;tpDpOfwGif EdkifiH

wum yl;aygif;yg0ifrIESihftwl vkyfaqmifcsuftpDtpOfrsm;udk

pepfwustaumiftxnfazmf &ef vdt k yfrnfjzpfonf[k 'kw, d

or®wu qdkonf/ Edik if *H s'D yD w D ;kd wufrEI eI ;f \ 3 &m

cdkifEIef;onf obm0ab;aMumihf ysufpD;qHk;½IH;aeonf/

Myanmar Summary

a&TaygufuH pufrZI ek w f iG f tar &duef a':vm (8) oef;&if;ES;D jrK§ yf ESHí taemufwdkif; aq;0g;puf½Hk topfziG v hf pS rf nfjzpfaMumif;? a&T aygufuHpufrIZkef Ouú|jzpfNyD; tqdkyg aq;0g;puf½Hkudk wnf axmifrnfh Silver Shine International Co.Ltd (SSI) \ refae *si;f 'g½du k w f m OD;azvIid rf S MBT odkY ajymMum;onf/ Edik if jH cm;aq;rsK;d pHu k kd jynfwiG ;f ü

A pharmaceutical laboratory of Shining Star Factory in Shwe Pauk Kan Industrial Zone

oufompGmjzift h jynft h 00,f,l oHk;pGJoGm;&ef &nf&G,fí tqdkyg taemufwkdif; aq;0g;puf½Hkudk jynfwiG ;f wGif zGiv hf pS &f jcif;jzpfNy;D BPI uJhodkY taemufwdkif;aq;0g; rsm;udk xkwv f yk o f mG ;rnfjzpfaMumif; vnf;od&onf/ vuf&SdwGif puf ½H k z G i f h y G J u d k rjyKvk y f & ao;aomf vnf; puf½u kH kd pwifvnfywfae NyDjzpfNyD;? tdrfoHk;aq;0g;rsm;udk pwifxkwfvkyfaeNyDjzpfonf/

]]puf½Hkuawmh pwifvnfywf aeygNyD/ tdrfoHk;aq;0g;awGudk vnf;xkwv f yk af eNy/D puf½t kH ae eJY tudkuftcJaysmufaq;awG? zsm;emaysmuf aq;awGeYJ uav; awGtwGuf aq;0g;awGudkxkwf vkyfoGm;rSmjzpfNyD; trsdK;tpm; aygif; (50)uae(60)txdxkwf vkyo f mG ;zd&Yk ydS gw,f}}[kO;D azvIid rf S ajymMum;onf/ tqdyk g pufrZI ek u f kd a&TaygufuH

pufrIZkef&Sd uaemifrif;om;BuD; vrf;ESifh tif;0vrf;wdkYwGifwnf aqmufxm;jcif;jzpfNy;D ? puf½w kH nf aqmufrItydkif;rsm;vnf;NyD;pD;NyD; xkwv f yk cf iG v hf ikd pf if? pufrv I ikd pf if rsm;vnf;&&Sdxm;NyDjzpfonf/ ,if;aq;0g;puf½HkrSm a&Tayguf uHpufrZI ek w f iG f 'kw, d ajrmuf&if; ESD;jr§KyfESHaom taemufwkdif;aq; 0g;puf½jkH zpfNy;D ? yxraq;0g;puf½kH rSm aq;trsK;d tpm;aygif;(40)cefY

Karen State Investment Opportunities

and over the past three years. The country saw changes in disaster risk landscape in which small and medium scale disaster and climate-induced disaster such as flood and cyclone are on a rise. The country's changes in rainfall pattern, sea level rise and temperature increase were blamed for exacerbating the occurrence of disasters in Myanmar. Xinhua

Zarni Min Naing

he Myanmar government has launched an action plan on disaster risk reduction-2017 in an effort to boost disaster risk prevention investment in the country. Second Vice President U Henry Van Thio Monday told a launching ceremony of the action plan that the plan will cover natural hazards as well as man-made accidents, the official Global New Light of Myanmar reported Tuesday. He stressed the need to mobilize both domestic and international resources to achieve its successful implementation of the action plan, the draft of which began in October 2016. Myanmar experiences average annual loss of 3 percent of the gross domestic product (GDP) due to natural disaster

said. The plant occupies a 45,000 square foot plot on Kanaung Minthar Road and Inwa Road, in Shwe Pauk Kan Industrial Zone. The company has invested $8m in the plant, which belongs to a Myanmar family. In July, state-owned Burma Pharmaceutical opened their third manufacturing plant, producing more than 180 types of drugs, in Insein Township. The Ministry of Industry has been granting licenses to privately owned pharmaceutical factories in order to raise local productivity.

SSI

Zarni Min Naing

Myanmar’s Shwedagon Pagoda Attracts Over 400,000 Foreign Visitors in Nine Months agon Pagoda annually. Shwedagon Pagoda, usually crowded with visitors from home and abroad during the open season, features its best repository in Myanmar heritage, architecture, sculpture and arts. It accommodates hundreds of colorful temples, stupas and statues that reflect the architectural era spanning almost 2,500 years. Also, the country attracted over 2 million tourists as of August this year while tourist arrivals reached 2.9 million in 2016, ranking as the ninth among ASEAN countries with most tourist arrivals, according to the statistics of the Ministry of Hotels and Tourism. The country targets to receive over 7 million visitors by 2020. Meanwhile, the country is striving to promote ecotourism, cultural tourism and community-based tourism in resource-rich areas such as historical landscapes, rivers, lakes, beaches, islands and forests. Xinhua

21

Myanmar Business Today mmbiztoday.com

two day investment fair will be hosted in Karen State in order to bring local and foreign investment to this untapped area, according to U Than Naing, Karen State’s Minister for Planning, Finance and Economic. The fair will take place on November 23-24, 2017 and will be hosted by Thiri Hpa-an Hotel. The event is expecting more than 300 local and foreign investors to attend. “It is great opportunity for investors in Karen State to talk about business opportunities. We will exhibit local products from various sectors, such as crop, rubber, sesame, corn, and others. Local investors need technical and financial support, and

they are looking for business partners to boost their capital and transform their resources into valuable products,” Karen State Minister U Than Naing, told Myanmar Business Today. The Potential Karen State’s economy consists mainly of agriculture such as rubber, rice, cardamom, and coffee, but tourism has potential as well. Trade and logistics is likely to get a boost, as the State upgrades the route between Yangon and Myawaddy. This route has been designated as part of the EastWest Economic Corridor (EWEC) of the Greater Mekong Sub-Region (GMS). This important route is being upgraded by the Union Government with support from Asian

Development Bank and others. A Special Economic Zone is planned to be developed across the border in Mae Sot, Thailand, which will be linked with Karen State’s designated industrial zones in Hpaan, and Myawaddy. To promote investment in Karen State more effectively, the Myanmar Investment Commission (MIC) and the Japan International Cooperation Agency (JICA), plan to conduct the “Karen State Investment Opportunity Survey and Investment Fair.” The survey is being conducted by the Myanmar Marketing Research and Development (MMRD). The investment fair will be jointly organized by MIC, the Karen State Government and JICA,

with support of Japan External Trade Organization (JETRO). Previously, investors from Thailand and Norway launched field visits to Karen State to invest in rubber plantations, while companies from India and Singapore are doing surveys to produce electricity using Biomax technology from bamboo. Fair Details The investment fair will include, seminars, exhibitions, business networking opportunities, and an optional field visit around Hpa-an. The seminar features 300 participants, high level keynote speeches, informative presentations, and live panel discussions. The exhibitions will have booths highlighting local industries and development projects

for potential investors to consider. Participants can access Hpa-an - the capital of Karen State - by road only, and it takes about 6 hours to drive from Yangon to Hpa-an. Participants can make their own arrangements to travel by car or passenger bus (See link below). Participants who participate in the site visit on November 25, 2017 will take two buses from Hpaan to Yangon (Khayaybin Junction, Mingalardon Township). Pre-registration will be available before November 10, 2017 through email only kayininvestmentfair2017@mmrdrs. com. Purchase Bus Tickets Online: https://myanmarbusticket.com

omxkwv f yk Ef ikd o f nft h wGuf ,ck uJ h od k Y puf ½H k topf wpf ck xyf rH wnfaqmuf&jcif;jzpfonf/ puf½zkH iT v hf pS &f eftwGuf tar&d uefa':vm &Spfoef;&if;ESD;jr§KyfESH xm;um jynfwiG ;f vkyif ef;&Siyf ikd f qkdifaompuf½HkjzpfNyD; taemuf wkid ;f aq;0g;rsm;udk jynfwiG ;f wGif t&nftaoG;jynfhrpSD Gm xkwv f yk f Edik &f efEiS hf aps;EIe;f oufompGmjzifh 0,f,lEdkif&ef&nf&G,fonf/ Myanmar Summary

u&ifjynfe,ftwGi;f &Sd a'ocH pD;yGm;a&;vkyfief;&Sifrsm;ESifh jynf wGif;? jynfypD;yGm;a&;vkyfief;&Sif oH;k &meD;yg;awGq Y NkH y;D &if;ES;D jrK§ yEf rHS I rsm;ESifh ywfoufonfhyl;aygif; aqG;aEG;yGw J pfcu k kd u&ifjynfe,f ü Edk0ifbmvtwGif; ESpf&ufMum jyKvkyfoGm;rnfjzpfaMumif; u&if jynfe,f b@ma&;ESihf pD;yGm;a&; ESihf pDrHudef;0efBuD;Xme 0efBuD; OD;oef;Edkifu ajymMum;onf/ tqdkyg&if;ESD;jr§KyfESHrIyGJudk Edk0if bm23 ESi2hf 4 &ufaeUwdw Yk iG f u&if jynfe,f oD&b d m;tH [dw k ,fwiG f usif;yoGm;rnfjzpfNyD; u&ifjynf e,ftwGif;&Sd a'ocHpD;yGm;a&; vkyif ef;&Sirf sm;ESihf jynfwiG ;f jynfy pD;yGm;a&;vkyif ef;&Siaf ygif; oH;k &m eD;yg;wufa&mufMurnfjzpfum u&ifjynfe,ftwGi;f vuf&pdS ;D yGm; a&;vkyu f ikd af qmif&u G af erI tajc taersm;&if;ESD;jr§KyfESHrIrsm;jyKvkyf aeonfh tajctaersm;ESihf a'o xkwfukefpufrIxkwfukefvkyfudkif aqmif&u G af eonfh udp&ö yfrsm;udk aqG;aEG;oGm;rnfjzpfonf/


INVESTMENT & FINANCE

REGIONAL BIZ

20

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

October 19-25, 2017

China Expects Stronger Postal Industry

Kyaw Min

A

Singapore-based restaurant giant, Paradise Group Holdings, has entered the Myanmar market. The company was co-founded by two Chinese brothers, Eldwin Chua and Edlan Chua, and entered into its first franchise agreement in Myanmar with a local company, the Golden Legend Group of Companies. The new restaurant is called Paradise Dynasty, and brings Xiao Long Bao dumplings, as well as its affordable Chinese cuisine, to Myanmar. Joyce Lao, Head of Business Development Paradise Group Holdings, said, “I am delighted to have a chance for the grand opening of our 33rd restaurants around the world. We hope that Myanmar people can sense our sincerity through the food and service we provide and with it take home a unique and memorable dining experience.” The restaurant gave food lovers exactly that opportunity during its grand opening ceremony. The ceremony was held on the ground floor of the new Junction City extension, in downtown Yangon on October 10, 2017. “It has been our mission to bring the authentic flavors of Chinese cuisine through innovative means to the world since

the group’s set up in 2004 in Singapore," Joyce Lao said. Daw Kyu Kyu Thin, Marketing and Public Relations Manager of Golden Legend Group of companies, said: “To enjoy Chinese cuisine, the opportunity to experience the diversity and color of a variety of signature dishes from many of the provinces in China, has not been possible without first visiting China. Now, with our restaurant, all that has changed.” Sophisticated Xiao Long Bao types, such as original, ginseng, foie gras, black truffle, crab roe, cheese, garlic and Sze-

chuan, are all first-of-itskind and on the menu. Also available are such difficult to master delicacies as silky La Mian. These options showcase not only Chinese cuisine, but also the bold and innovative style of Eldwin and his team of chefs. The restaurant is opened daily from 11am - 3 pm and from 6pm -

11pm. However, starting November 1, 2017, it will be operating from 11pm 11pm daily. The restaurant has promotional plans including “Snap & Win,” a monthly Instagram contest with cash prizes. The Paradise Group has built a food and beverage empire of 12 brands in Singapore and around

PARADISE DYNASTY Junction Square Extension No. (2) & (3), Between Pyay Road & Kyun Taw Road, Junction Square Extension, Kamayut Township, Yaygon Tel: 09 979 313 333 https://www.paradisegroup.com.sg/myanmarparadise-dynasty/?mn=cmm

Asia. It also currently runs over 30 restaurants in Singapore and over 40 restaurants overseas in Malaysia, Indonesia, China, Japan, Hong Kong, Taiwan, Dubai, the Philippines, and London. Myanmar Summary

w&kwf½dk;&mzufxkyf BudKufESpf oufolrsm;twGuf urÇmausmf t&om(8)rsK;d yg a&Smufv;kH aygif; (Xiao Long Bao)rsm;udk &&SdoHk; aqmifEikd o f nfh Paradise Dynasty pm;aomufqidk u f kd atmufwb kd m v(10)&ufaeYwGif &efukefNrdKUü zGifhvSpfcJhonf/ Paradise Group \vk y f i ef ; wpfckjzpfNyD; pifumylEdkifiH tajc pdkuf emrnfausmpf m;aomufqkdif

vkyfief;wpfckjzpfonfh Paradise Dynasty pm;aomufqi kd u f jkd refrm Edik if &H efuek Nf rKd U\ tcsut f jcmus aom Junction Square Extension ajrnDxyfwGifzGifh vSpfxm; NyD; pifumylEdkifiHwGif Outlet (7) ck txd z G i f h v S p f x m;&S d a Mumif ; vnf; od&onf/,cktcg jrefrm Edik if t H ygt0if rav;&Sm;?tif'ekd ;D &Sm;?*syef?a[mifaumif?w½kwf? xdkif0rfESifh zdvpfydkifEdkifiHtp&Sd aom tm&S E d k i f i H w pf v T m ;wG i f Outlet aygif ; (33)ck j zef Y u suf zGifhvSpfxm;um tm&SwpfvTm;rS tpm;taomuf ESpfoufolrsm; twGuf qef;opfaom?taumif; qHk;[if;vsmrsm;jzifh qGJaqmif vsuf&SdaMumif;vnf;od&onf/ ]]tm&SSEdkifiH wpfvTm;upm;oHk; olawGtwGuf tNrJqef;opfNyD; t&omtaumif;qHk; tpm;t aomuf yHkpHawG? [if;vsmawGudk zefw;D ,laqmifvmay;zku Yd 2014 ckESpf uRefrwdkY pifumylEdkifiHrSm vkyfief;pwif vkyfudkifcJhpOfu wnf;uuRerf wdYk Paradise Group &JU&nfrSef;csufyg/ tck&efukefNrdKU rSm 'DaeYziG v hf pS v f u kd w f hJ Paradise Group qdkifu uRefrwdkY&JU urÇm wpfvmT ; rSm&Sw d (hJ 33)ckajrmufqidk f cGyJ g/}}[k Para dise Group Holding rS Head Of Business Development jzpfol Joyce Lao u ajymonf/ ,if;pm;aomufqkdifudk aeYpOf aeYvnf (11) em&DrS nae(3) em&D ? nae(3)em&D r S n (11) em&Dtxd ESpfcsdefcGJzGifhvSpfxm;NyD; ?Edk0ifbmv(1)&ufaeYrS pwifí aeYvnf (11) em&DrS n(11)em&D txd zGifhvSpfoGm;rnfjzpfonf/

Reuters

Paradise Dynasty: Restaurant Giant Opens First Franchise in Myanmar

Oak Kyaw Hein and Kyaw Min

13

Myanmar Business Today mmbiztoday.com

C

hina will strengthen its fast-growing postal industry, an official said on the 48th

World Post Day on Monday. The industry, mainly postal and courier ser-

vices, has seen revenue increase 2.7 times since 2012, and the courier sector has been the world's

largest in terms of delivery volume for three years, said Ma Junsheng, head of the State Post Bu-

reau (SPB). However, the industry is still facing problems in many fields, including delivery channel safety, vehicles and employee interests, Ma said. To make the industry stronger, the bureau expects postal and courier companies to expand personalized, professional and one-stop services, Ma said. SPB will encourage companies to become comprehensive logistical operators and increase their presence overseas, he added. It will also support state-owned enterprises in railway and civil aviation sectors to join the delivery market to integrate the postal industry with the transportation network, Ma said. In 2016, delivery volume of China's courier sector accounted for more than 40 percent of the world's total with 60

percent of world delivery volume growth. Xinhua Myanmar Summary

w½kwfonf ¤if;\ wdk;wufrI EIef;jrefaeaom pmwdkufvkyfief; udkt&Sdeft[kefjrihf wifoGm; rnf [k 48 BudrfajrmufurÇmh pmwdkuf rsm;aeYwGif ajymMum;vdkufonf/ pmwdu k f vkyif ef;ESifh acsm pmyd0Yk ef aqmif r I \ 0if a iG o nf 2012 uwnf;u 2.7 qxd jrihf wuf vmNyD; okH;ESpftwGif; urÇmhzGHUNzdK; rItjrefqHk;xd jzpfvmcJhonf[k w½kwpf mwdu k Af sL&d\ k tBu;D tuJ Ma Junshengu qdk onf/ odkYaomfvnf; tqkdyg pmwdkuf vkyif ef;onf tcuf tcJwcsKd UESifh BuHKawGYae&NyD; acsmydkYvHkNcHKpdwfcs &rI? o,f,l ydkYaqmifay;onf ,mOfEiS fh tvkyo f rm;rsm;cefx Y m;rI qdkif&mrsm;wGif tcuftcJrsm; &Sad eqJjzpfonf[k Ma Junsheng u qufvufajymMum;onf/ ¤if;pmwdu k f vkyif ef;udk ydrk kd tm; aumif;ap&ef yk*v ¾ u d ukrP Ü rD sm; taejzihf 0efaqmifrIrsm;udk wkd; jr§ihf&ef vdktyfonf[k od&onf/

Macao Visitor Arrivals Reach 920,000 During Golden Week Travel Rush

M

excluded from visitor arrivals) provided by the Public Security Police Force, Macao welcomed a total of 920,631 visitors. In comparison with the corresponding seven-day period of last year, total visitor arrivals marked a year-on-year increase of 11.6 percent. Specifically, Macao welcomed a total of 696,636 visitors from Chinese mainland throughout the eight-day Golden Week, which constitutes 75.7 percent of total visitor arrivals to Macao. MGTO also mentioned that before and during the Golden Week, it had actively prepared for the arrival of the peak period by carrying out a series of tasks including operation

of tourism notification system. Xinhua

ruúmtdk\ c&D;oGm; vkyfief; tmPmydkif\ xkwfjyefcsuft&

,ck tm;vyf&uf c&D;oGm;onhf &uftwGif;vma&mufvnf ywf

olrsm;onf ,cifuxuf BuKd wif jyifqifrrI sm;&Scd o hJ nf[k od&onf/

Myanmar Summary

w½kwEf ikd fiH awmifzuf urf;½dk; wef;a'o&Sd udk,fydkiftkyfcsKyfcGihf & jynfe,fwpfckjzpfaom ruúm tdu k kd ,ck&pS &f ufwm tm;vyf&uf wGif vma&muf vnfywfoal ygif; 920,000 xd &SdNyD; ESpfpOf 11.6 &mcdik Ef eI ;f xd wd;k wufvmaeonf [k a'oc&D;oGm;Xmeu qdo k nf/ w&kwfEdkifiHwGif trsKd;om;aeY ESifh aqmif;OD;&moDyaJG wmf twGi;f tqdyk gruúmtdo k Ykd vma&mufvnf ywfavh&MdS uNy;D ,ckEpS w f iG f ydrk 0kd if a&muf vmMuonf[k od&onf/ w½kwjf ynfruae ,cktm;vyf &uftwGi;f vmvnfol 696,636 OD;&Scd NhJ y;D wpfEpS yf wfv;kH vnfywf ol pkpkaygif;\ 75.7 &mcdkifEIef; &Sdonf[k od&onf/

Reuters

acao welcomed a total of 920,631 visitors during the eight-day Golden Week holiday period, and the total visitor arrivals from Oct. 1 to Oct. 7 registered a year-on-year rise of 11.6 percent, the special administrative region's tourism office said on Tuesday. Macao Government Tourism Office (MGTO) said more Chinese mainland residents opted for travel during the Golden Week this year, with both the National Day and the Mid-Autumn Festival falling on this eight-day holiday (Oct. 1-8). According to the preliminary statistical figures (non-resident employees and students have been


REGIONAL BIZ

14

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Thailand, Malaysia, Singapore are Hubs for ASEAN Migrant Workers: WB

T

try's total migrants to ASEAN, went to Thailand for jobs in agriculture, domestic work, construction, and manufacturing. "A Cambodian migrant can earn three times more by moving for work in Thailand," it said. Xinhua Myanmar Summary

Reuters

hailand, Malaysia and Singapore have become hubs for migrant laborers from other ASEAN (Association of Southeast Asian Nations) member states, a new World Bank report said on Monday. In its report entitled "Migrating to Opportunity," intra-regional migration in ASEAN increased significantly between 1995 and 2015, turning Thailand, Malaysia and Singapore into regional migration hubs with 6.5 million migrants - 96 percent of the total number of migrant workers in ASEAN. Thailand had 3.75 million ASEAN migrants from Myanmar, Laos and Cambodia, while Malaysia had 1.48 million ASEAN migrants mostly from Indonesia and Myanmar, and Singapore had 1.28 million ASEAN migrants mostly from Malaysia and Indonesia. Low-skilled, and often undocumented, ASEAN migrants move in search of economic opportunity, mainly in the construction, plantation, and domestic services sectors, the report said, adding that the higher-salary jobs are available, yet workers are not always able to take advantage of these opportunities.

The ASEAN Economic Community has taken steps to facilitate mobility, but these regulations only cover certain skilled professions - doctors, dentists, nurses, engineers, architects, accountants, and tourism professionals - or just 5 percent of jobs in the region, it added. Sudhir Shetty, World Bank chief economist for the East Asia and Pacific region, said that easing

migration policies could boost workers' welfare and deepen regional economic integration. "With the right policy choices, sending countries can reap the economic benefits of out-migration while protecting their citizens who choose to migrate for work," he said in a press release. "In receiving countries, foreign workers can fill labor shortages and pro-

Malaysia’s Foreign Reserves Rise to 101.2 bln USD

M

alaysia's central bank, Bank Negara, said Friday that its international reserves amounted to 101.2 billion U.S. dollars (427.7 billion ringgit) as of Sept. 29. The international reserves were 0.4 percent higher compared with the number on Sept. 15, but were 1.18 percent lower when converted into ringgit. "It declined in ringgit terms because of the stronger ringgit during the third quarter," Bank Negara said in a statement.

The international reserves were consisted of 94.8 billion dollars in foreign currency reserves, 800 million dollars in International Monetary Fund Reserves Position, 1.2 billion dollars in Special Drawing Rights, 1.5 billion dollars in gold and 2.9 billion dollars in other reserves assets. The reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 times the shortterm external debt. Xinhua Myanmar Summary

rav;&Sm; A[kdbPfjzpfaom

Negara bPfonf

EdkifiHwum t&HaiGonf vGecf ahJ om pufwif bmv29 &ufaeYtxd &if;*pf 427.7 bDvD,HESihf nDrQaom tar&duefa':vm 101.2 bD vD,x H d &Sv d mNyjD zpfonf/ vGefcJhaom pufwifbmv 15 &ufaeYESihfEdIif;,SOfvQif 0.4 &m cdik Ef eI ;f xdjrihw f ufvmaomfvnf; &if;*pfwefzdk;ESihf EdIif;,SOfvQif 1.18 &mcdkifEIef;usqif;cJhonf/ ,ckESpf wwd,ESpf0ufxdwdkif atmif&if;*pfaps;EIe;f onfjrihaf e NyD;tqdkygt&HaiGwGifEdkifiHwum aiGaMu;&efyakH iGraS cs;,lxm;aom tar&duefa':vm oef ; 800 vnf;yg0ifonf[k od&onf/

mote sustained economic growth, if migration policies are aligned with their economic needs. Inappropriate policies and ineffective institutions mean

that the region is missing opportunities to gain fully from migration," he said. According to the report, 805,272 Cambodians, or 98 percent of the coun-

xdik ;f ? rav;&Sm;ESifh pifumylEikd f iHwdkYonfa'owGif;EdkifiHrsm;\ a&TUajymif;vkyo f m;rsm;twGuf t "dutvkyfvkyfukdif&mae&m wpf ck j zpf v monf [ k urÇ m h b Pf tkypf \ k tpD&ifcpH m t&od&onf/ ¤if;tpD&ifcpH mt& a&TU ajymif; vkyfom;rsm; jynfytvkyfvkyf udik rf o I nf 1995 ckEpS u f ae2015 ESpftxd ESpfaygif; 20 twGif; tjrihq f ;kH tajctaexd a&muf&dS vmNy;D pifumyl? rav;&Sm;ESifh xdik ;f EdkifiHrsm;odkY vkyfom;tiftm; 0if a&mufro I nf 6.5 oef;xd &Sv d m NyD; tmqD,H EdkifiHrsm;twGif;odkY 0ifa&mufrIESihf EIdif;,SOfvsif 96 &mcdkif EIef;&Sdonf[k od&onf/ xdik ;f Edik if w H iG &f adS om a&TUajymif; vkyo f m;tiftm; 3.75 oef;wGif jrefrm? vmtdkESihf uarÇm'D;,m; EdkifiHom;rsm; jzpfonf[k od& onf/

Digital Currency Not Recognized But Promising in Vietnam

T

he use of cryptocurrency and blockchains in Vietnam is currently limited to just one percent of the total population, though experts anticipate that the number could grow to 30 million users in the next 10 years. Nonetheless, the State Bank of Vietnam, the central bank, has clearly stated that unlike legal tenders, cryptocurrencies such as bitcoin are not considered real money and thus not recognised as payment methods in Vietnamese law, Vietnam News Agency reported on Monday. Bitcoin was first introduced to Vienam in 2009, and has since experienced double-digit growth each year in terms of users, and an average daily transaction value reaching the

thousands of U.S. dollar, according to Bitcoin Vietnam Co. Ltd., the selfproclaimed first bitcoin platform in the country, established in 2014. Subsequently, bitcoin's blockchain, its own open, distributed ledger that records transactions between two parties using the coin in a verifiable and permanent way, is now also accessible in Vietnam. As of late August this year, Vietnamese Prime Minister Nguyen Xuan Phuc ordered relevant agencies to draft a legal framework for cryptocurrency and other digital assets, which could mean that bitcoin and its like will be one day accepted in Vietnam under appropriate management. Xinhua

Myanmar Summary

'pf*spfw,f aiGaMu;rsm;jzpfMu aom Cryptocurrency ES i h f Blockchain rsm;udk toHk;jyKrI onf AD,uferfwiG Ef ikd if H vlO;D a& \ 1 &mcdkifEIef;om&SdNyD; vmrnhf 10 ESpt f wGi;f oH;k pGo J l oef; 30 txd &Sdvmrnf[k cefYrSef;xm;onf/ rnf o d k Y q d k a p AD , uf e rf A [d k bPfonf w&m;0if wif'grsm;udk pDpOfaeNyD; tqkdyg Cryptocurrencies rsm;xJwGif Bitcoin udk xnfo h iG ;f pOf;pm;rI rjyKMubJ ¤if; udk AD,uferf\ Oya't& uefY owfxm;onf[k AD,uferf owif; at*sifpDu qdkonf/ Bitcoin ud k AD , uf e rf w G i f yxrOD;pGm 2019 ckESpfwGif rdwf qufcNhJ y;D ESppf Ofued ;f *Pef; ESpcf k xd wd;k wufcNhJ y;D aeYpOf aiGvo JT El iS fh aiGvTJonhf yrmPaygif; tar&d uef a':vmoef;csD&Sd aeonf[k AD,uferfqikd &f m Bitcoin ukrP Ü D u qdkonf/

INVESTMENT & FINANCE

19

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Investors Needed For State-Owned Farm Revival Oak Kyaw Hein

I

nvestors are needed for Myanmar’s stateowned livestock breeding farm and animal food processing factory. The factory has been shut down since 2013 and needs local or foreign investors to provide capital to revive the facility. The factory and livestock breeding farms owned by Ministry of Agriculture, Livestock and Irrigation occupy 109.22 acre in Daik-U township on Yangon-Mandalay’s old road in the Bago region. The factory and breeding farm were active for almost 29 years from 1985 to 2013, under the management of the related ministries. Before the facilities clo-

sure, the ministry bred pigs, ducks, and chickens at the farm, and ran an animal food processing factory in order to supply local demand. The ministry aims to lease the buildings to local or foreign companies based on negotiation. “We will lease to private investors who are willing to invest in the farm. Investment in the farm will promote job creation that will benefit to the local people,” U Soe Naing, Senior Official of Bago Regional Government, said. Two of buildings on the farm were previously leased to Anawyahtar Distribution Company Limited. Myanmar Summary

vkyif ef;rsm;qufvufvyk af qmif jcif;r&Sdaom 0ufarG;jrLa&;NcHESifh

wd&dpämeftpmxkwfvkyfa&;puf½Hk tygt0if e,f e rd w f t wG i f ; &S d vkyif ef;rsm; vkyaf qmifcahJ om ajr ae&mESifh taqmuftODrsm;ukd iSm;&rf;vdo k nfh jynfwiG ;f yk*v ¾ u d ukrÜPDrsm;ESihf EdkifiHwumukkrÜPD rsm;udk &if;ESD;jr§KyfESH&ef yJcl;wkdif; a'oBuD;tpkd;&tzJGUu zdwfac: vdkufaMumif; od&onf/ tqk d y g 0uf a rG ; jrLa&;NcH E S i f h wd&pd mä ef tpmxkw k v f yk o f nfph uf ½Ho k nf'u kd Of ;D NrKd Ue,f? usKu d pf aum aus;&Gm&Sd &efukef-rEÅav;um; vrf;a[mif;ay:wGif wnf&SdNyD; {&d,mtus,t f 0ef; 109 'or 22 {u&Sdonf/ pdkufysdK;a&;? arG;jrLa&;ESihf qnf ajrmif;0efBuD;Xmeydkif ¤if;{&d,m 0if;twGi;f vkyu f ik d af eaom obm0 ajrMoZmpuf½HkESifh 0ufarG;jrLa&; vkyif ef;? 0rf;bJarG;jrLa&;vkyk if ef; ESihf MuufarG;jrLa&;vkkyfief;rsm; udk 1985-86 ckEpS rf S pwifívkyf

udik cf NhJ y;D 2013-2014 ckEpS f txd 29 ESpMf umvkyif ef;rsm; aqmif&u G f cJNh y;D aemuf qufvufvyk af qmif jcif;r&Sdojzifh &yfem;xm;&Sdjcif; jzpfonf[k od&onf/ ]]vkyfief; qufvkyfjcif;r&SdwJh 0ufarG;jrLa&;NcH&,f? wd&dpämef tpm xkwv f yk w f hJ puf½t kH ygt0if {&d,me,ferdwf twGif;rSm&SdwJh taqmuftODawGudk Xm;&rf;vdk wJh olawGukd Xm;&rf;oGm;rSmjzpfyg w,f/ olwt Ykd aeeJY a'otwGuf tvkyftudkiftcGihftvrf;awG zefwD;EdkifwJh tusKd;&SdwJh pDrHudef; awGukd vkyaf qmifzt Ykd wGuf arQmf vifyh gw,f}}[k yJc;l wkid ;f a'oBu;D tpdk;&tzGJYrS tBuD;wef;t&m&Sd wpfOD;jzpfaom OD;pkd;Edkifu ajym onf/ ,cktcg ¤if;puf½HktwGif;&Sd *dk a'gifEpS v f ;kH udk 0efBu;D Xmeu taemf &xm xkwfvkyfjzefYcdsa&; ukrÜPD vDrw d ufoYkd iSm;&rf;xm;&Sx d m;um

vkyif ef;rsm; qufvuf vkyaf qmif jcif;r&Sdaom 0ufarG;jrLa&;NcHESifh wd&pd mä ef tpmxkwv f yk o f nhf puf½kH tygt0if ¤if;e,ferdwt f wGi;f &Sd vkyif ef;rsm; vkyaf qmifcahJ om ajr

ae&m ESit hf aqmifttHrk sm;udik mS ; &rf;vdkonfh jynfwGif;yk*¾vdu ukrÜPDrsm;ESihf EdkifiHwumukkrÜPD rsm;udk zdwaf c:xm;vsu&f o dS nf/

The factory and breeding farm were active for almost 29 years from 1985 to 2013’


INVESTMENT & FINANCE October 19-25, 2017

Yangon’s Stagnant Market Needs a Boost

REGIONAL BIZ

18

Myanmar Business Today mmbiztoday.com

aumif;vmap&eftwGuf ukrP Ü D ta&twGurf sm;jym;Ny;D aps;uGuf zGifhvSpfcsdef wdk;jr§ifhowfrSwfjcif; ESifh tGefvdkif;pepfjzifh ta&mif; t0,f jyKvyk jf cif;tjyif Edik if jH cm; om; &if;ESD;jr§KyfESHrI vkyfief;rsm; p awmhtdwfcsdef;twGif; yg0ifvm jzpfrnfqdkygu ta&mif;t0,f ydrk t kd m;aumif;vmrnfjzpfaMumif; OD;Munf&Sdefu oHk;oyfonf/ Ny;D cJo h nfh rwfvü tpk&, S , f m usyf 3 bDv, D aH usmx f d a&mif;cschJ &NyD ; aemuf y d k i f ; {NyD v wG i f 1 'or2 bDv, D zH ;kd ta&mif;t0,f

15

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

China Focus: China Winning the Toughest of Tough Battles Against Poverty

jzpfchNJ yD; ar?ZGef?Zlvkid fvwGifquf wdkuf usqif;cJhonf/ xdkYuJhodkY pawmhtdwfcsdef;wGif a&G;cs,0f ,f,cl iG &hf &S&d ef 0ifa&muf a&mif;csrnfh trsm;ydkifukrÜPD rsm;jzpfaom wmrdk;nJcsrf;om (TMH Telecom Public Co. Ltd)ukrP Ü ED iS t hf wltjcm; trsm;

including e-commerce, financing, industry, relocation and improvement of infrastructure. The country is aiming to eradicate rural poverty by 2020 by lifting the remaining 55 million rural poor out of poverty, roughly 10 million each year. Xinhua

ydkif ukrÜPDwpfckvnf; 2017 ESpf rukecf if xyfr0H ifa&muf rnfjzpfNy;D tqdkygukrÜPDrsm; onf &S,f,m topf r sm;ud k o m xk w f a &mif ; rnf[k OD;a|;cReu f ajymMum;xm; onf/

Reuters

Myanmar Summary

C

Zin Thu Tun

hina has made remarkable progress in its poverty alleviation work during the past five years, winning the toughest of the tough battles.

Stock traders are viewing stock value information at Yangon Stock Exchange established in 2016 March

Zin Thu Tun

T

rade volume on Yangon’s Stock Exchange (YSX) has slowed to K1.8 billion in September; 0.5% less than in August. Trade peaked in March at K3 billion and has since slowed. Each month after that, volume hovers around an average of only K1 billion. Confidence in the stock market typically sees a seasonal boost with the ending of monsoon season. Share volume for Myanmar Thilawa SEZ Holdings Public Limited (MTSH), and First Myanmar Investment Co., Ltd (FMI) nearly doubled in August, reaching K2.3 billion; K1 billion more than in July. However, September saw their trade volume slow down. FMI share value in August was roughly K676 million, but in September slid down to K469 million, a decrease of K207 million, that the Myanmar Securities Exchange

Supervisory Committee (MSESC) has attributed to the expansion of its facilities. The 'seasonal boost' also occurred at FMI, where assets in July went from K558 million to K670 million in August, however, First Private Bank Limited led the YSX’s listed companies in terms of asset value and trade activity. As of October 11, 2017, a share of FMI costs K13,000; MTSH’s share price is K3,450; Myanmar Citizen Bank’s shares list for K8,400 each; and First Private Bank’s share cost of K24,500 each. U Kyi Shein, a stock trader at YSX since its inception, said: “If the share value is slowing down, the number of trades decreases because of the public’s insufficient trust with the YSX. Some existing stock traders are active, but there are no new stock traders in the YSX.” If the MSESC allows foreign companies to sell their Initial Public Of-

fering (IPO) at YSX, and YSX has more than just the four currently listed, the trade volume will increase with demand, U Kyi Shein added. Currently, there are four YSX listed public companies: First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings Public Limited (MTSH), First Private Bank (FPB), and Myanmar Citizen Bank (MCB). Combined these entities are selling 8,192 shares with the market capital of $457 million. The Securities and Exchange Commission of Myanmar (SECM) said that TMH Telecom Public Co., Ltd will be the fifth company listed on the Yangon Stock Exchange (YSX). Another private company is planning to be listed at YSX soon. Myanmar Summary

&efukefpawmh tdwfcsdef;wGif pufwifbmvtwGif; tpk&S,f ,m usyf 1 'or 8 bDvsHausmf ta&mif;t0,fjzpfcNhJ y;D Ny;D cJo h nfh

Mo*kwfvxuf ta&mif;t0,f avsmeh nf;cJah Mumif; xkwjf yefxm; aom pm&if;rsm;t& od&onff/ NyD;cJhonfh Mo*kwfvwGif tpk &S,, f m usy2f 'or 3 bDvst H xd ta&mif;t0,fjzpfcJhNyD; tqdkyg vtwGif; &S,f,ma&mif;cs&rI tm;taumif;qH;k jzpfco h J nfh MTSH oDv0gtrsm;ydik u f rk P Ü ED iS hf FMI yxryk*v ¾ u d bPfw\ Ykd tpk&, S f ,ma&mif;cs&rIrmS jyefvnfavsmh uscJhonf/ FMI yxryk*v ¾ u d bPfonf Mo*k w f v wG i f usyf o ef ; aygif ; 676 ausmf ta&mif;t0,fjzpfcNhJ y;D pufwifbmvwGif usyo f ef;aygif; 469 ausmfxd avsmhuscJhonf/ ]]pawmhaps;EIe;f awGus&ifawmh ta&mif;t0,f raumif;bl;/ aps; uGuf,HkMunfrI tm;enf;wmvJ ygw,f/ vuf&Sdta&mif;t0,f vkyfaewmuvJ t&ifvuf0,f &SdNyD;om; &S,f,mydkif&Sifvlenf;pk avmufyJ ta&mif;t0,fjzpfae wmaMumifjh zpfygw,f/}}[k &efuek f pawmh tdwcf sed ;f puwnf;u &S,f ,mta&mif;t0,f vkyfudkifae ol OD;Munf&Sdefu ajymonf/ &efuek pf awmh tdwcf sed ;f twGi;f &S , f , mta&mif ; t0,f tm;

GREAT STRIDES "The number of people living below the poverty line in China has been reduced by an average of 13 million each year since 2012," Liu Yongfu, director of the State Council Leading Group Office of Poverty Alleviation and Development, said at a press conference held by the State Council Information Office Tuesday. The country lifted 6.39 million people out of poverty annually in the last 15 years of the 20th century, after launching large-scale poverty relief programs in 1986. During the first decade of this century, the population living below the poverty line decreased by an annual average of 6.73 million. Priorities such as targeted poverty alleviation have also gained ground. But despite progress, major difficulties still face people living in deep poverty. Chinese President Xi Jinping called for en-

hanced and solid efforts to win the battle against poverty at a meeting held in Beijing Monday to honor people who have made great contributions to poverty relief. Although remarkable progress has been made since the Communist Party of China (CPC) Central Committee made a solemn promise to lift all rural people out of poverty by 2020, Xi said, all-out efforts should be made toward poverty relief, as it is the toughest of all battles. Xi himself has completed more than 30 field tours on poverty alleviation during past five years and hosted five inter-provincial meetings at locations including Fuping County in north China's Hebei Province. FUPING SAMPLE At remote villages in the county, locals experienced the changes following a visit by Xi Jinping in December 2012, shortly after he was elected general secretary of the CPC Central Committee. "The general secretary said during his tour to our village that he would like us to get rid of poverty and become better off as soon as possible. Today, I want to let him know that

we've made it," said Gu Chenghu, a villager from Gujiatai village in Fuping County, Hebei Province. When Xi visited Gujiatai village five years ago, Gu had nothing but a bunch of corn in his shabby yard. He felt helpless to take care of his sick wife and son. In Luotuowan village, another village in Fuping County, 428 out of 608 villagers were living in poverty when Xi visited there in 2012. In 2013, nearly half of the residents of Fuping County were living in poverty. Deep in the Taihang Mountains, Fuping is one of the country's old revolutionary bases. It has scarce fertile land, low levels of education and a high poverty rate. During his 2012 trip to the county, Xi told officials to work hard to help villagers in poverty live better lives as soon as possible. In the following four years, the country introduced 126 poverty alleviation and development plans, including selecting more capable and suitable officials to guide poverty relief work at different levels. "We have selected a group of officials in their

40s with rich work experience in rural areas and appointed them to key posts in towns," said county party secretary Hao Guochi. Officials were dispatched according to their abilities, according to Hao. For example, officials with business savvy were sent to povertystricken villages, while officials with specialized industrial knowledge were sent to villages with an industrial base. Thanks to their efforts, Gu and his wife have gained access to social assistance programs and endowment insurance. The family's income has also increased to more than 5,000 yuan (about 750 U.S. dollars) from their farmland. Gu is not the only who has pulled himself out of poverty in Fuping. The county's registered impoverished population dropped to 35,700 in 2016 from nearly 110,000 people in 2013. INNOVATIVE THINKING For most villagers in Fuping, the obvious path out of poverty they could imagine was through financial help from the government, which could

ease their burdens over a short period, but could never be a long-term solution. Hopes of fundamental change came as local authorities realized the importance of developing agricultural industries and encouraged villagers to produce certain products and foster industries, including vegetable and fruit. While villages are responsible for mass production, companies are tasked with marketing and selling the products. In the process, the government aided industry development by guiding funds to support growth and offering agriculture insurance to create a sound security network for villagers. By the end of 2016, Fuping had built 3,000 greenhouses for growing mushrooms, with the participation of more than 6,000 households. The per capita disposable income of rural residents in Fuping has doubled to 6,542 yuan from 2012, higher than the national average in poverty-hit areas. Determined to win the war against poverty, China has adopted various means to reduce poverty,

vGecf ah J om ig;ESpu f ae ,ck txd w½kwfonf qif;&JrGJawrI wdkuf zsuaf &;wGit f vm;tvm aumif; rsm;pGmESifh BuKH awGUcJNh y;D tm;&p&m aumif;avmufatmif atmifjrif rI&&Scd o hJ nf[k od&onf/ qif ; &J r G J a wrI q d k i f & m vrf ; aMumif;wGif &Sad eMuaom vlwef; pm;wpfpk\ ta& twGufudk 13 oef ; txd vG e f c J h a om 2012 uwnf;u ESpfpOf avQmhcsEdkifcJh onf[k w½kwfEdkifiH\ qif;&JrGJ awrI wdkufzsufa&; 'g½dkufwm Liu Yongfu uqdkonf/ w½kwEf ikd if o H nf vGecf ahJ om 15 ESpf 20 &mpkuwnf;u ESpfpOf qif ; &J r G J a wG r I u ae vl O D ; a& 6.39 oef;udk u,fwif EdkifcJhNyD; qif;&JrGJawrI wdkufzsufa&; tpD tpOfudk 1986 ckESpfwGif pwif rdwfquf cJhonf/ w&kwo f r®w &Su D si;f yif\ ajym Mum;csuft& w½kwfEdkifiH wGif 2020 rwdik rf D aus;vufa'ou vltm;vHk;udk qif;&JrGJawrIuae umuG,f oGm;rnf [kod&onf/ vG e f c J h a om ig;ES p f t wG i f ; u or®wonf qif;&JrGJawrI wdkuf zsufonfh c&D;pOfaygif; 30 wdwd wGif vdkufygNyD; EdkifiH\ qif;&JrGJ awrI wdu k zf suaf &; tpDtpOfwiG f yl;aygif;yg0ifcJhonf/ xkdYtjyif w½kwftaxGtaxG twGif;a&;rSL;\ 2012 uwnf; u BuKd ;yrf;rIwiG v f nf; aus;vuf a'oqif;&JraJG wrI avQmch sa&;udk tav;ay; vkyfaqmifcJhonf/ vGefcJhaom av;ESpftwGif;u tqdyk g tpDtpOf 126 ckukd Edik if H wpf 0 S r f ; rd w f q uf c J h N yD ; tvk y f tudkiftcGihftvrf;rsm; udkvnf; rsm;pGm zefwD;ay;cJhonf/ ,cktpDtpOfrsm;aMumihf w½kwf Edik if w H iG f rdom;pk0ifaiGonf ysO;f rQ ,Grf 5,000ESifh nDrQaom tar&d uefa':vm 750 udk ydik q f ikd Ef ikd Mf u NyDjzpf onf/ 2013 ckESpfwGif qif;&JrI EIef; onf 110,000 &S&d muae 2016 ckEpS w f iG f qif;&JrEI eI ;f onf 35,700 txd usqif;cJhonf/


INTERNATIONAL BIZ

16

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Asian Shares Shrug Off Wall St. Weakness, Dollar Steadies Lisa Twaronite

A

Mitsuo Imaizumi, Tokyo-based chief foreignexchange strategist for Daiwa Securities. The perceived safehaven yen typically rises when investors try to reduce their risk exposure because the currency is often used as a funding source to buy riskier, higher-yielding assets. Japan is also the world’s largest net creditor nation, and at times of uncertainty, traders assume Japanese investors’ repatriation from foreign countries will outweigh foreign investors’ selling of Japanese assets. The dollar index, which tracks the greenback against a basket of six major rivals, edged down 0.2 percent to 93.536, moving away from Friday’s peak of 94.267. That was its loftiest level since July 20, after data showed a stronger-than-forecast increase in U.S. average hourly earnings in September. The euro added 0.3 percent to $1.1773, after it got a lift on Monday from data showing German industrial output notched its biggest monthly increase in more than six years in August. Also helping the euro were comments from a

European Central Bank Executive Board member, who called for the central bank to reduce its asset purchases next year. The ECB is due to decide on Oct. 26 whether to continue its bond buying in 2018. Crude oil prices edged slightly higher, underpinned by OPEC comments signaling the possibility of continued action to restore market balance in the long-term. But gains were seen as limited as oil production platforms in the Gulf of Mexico started returning to service after the latest U.S. hurricane forced the

shutdown of more than 90 percent of crude output in the area. Brent crude inched up 2 cents to $55.81 a barrel. U.S. crude added 5 cents to $49.63. Gold prices hit their highest in more than a week, though gains were capped as expectations of another Fed rate hike this year supported the dollar. Spot gold added 0.2 percent to $1,286.31 an ounce. Myanmar Summary

tmqD,&H , S , f mrsm;onf vGecf hJ aom t*FgaeYu jrihw f ufaecJNh y;D tar&duef\ twdk;EIef;jrihfwuf

The dollar was steady on the day against its Japanese counterpart at 112.68 yen’

vmrnf[k arQmfvihfcsufjzihf aps; wifNyD; a&mif;aeMuonf/ MSCI \ ñTef;udef;t& *syef jyify tm&Sypdzdwf&S,f,mrsm; onf 0.5 &mcdik Ef eI ;f jrihw f ufvm aeonf[k od&onf/ qufvufNyD; *syef&Sd Nikkei pawmh tdwcf sed ;f \ ñTe;f ude;f t& tm;vyf&ufNy;D aemuf wevFmaeY aps;tzGiw fh iG , f cifu 0.4 &mcdik f EIef; aps;uscJhonf/ awmifudk;&D;,m; &S,f,mrsm; onf 2 &mcdik Ef eI ;f jzihf wnfNird af e cJNh y;D vGecf ahJ om&ufrsm;u ajrmuf ud;k &D;,m;\ Ncrd ;f ajcmufraI Mumihf wcsdKU wpf0uf xdcdkufcJhum ,ck awmifudk;&D;,m;\ qrfaqmif; vQyf p pf u k r Ü P D \ &S , f , mrsm; onf qufvufw;kd wufvm aecJh onf/ quf v uf N yD ; urÇ m t0S r f ; &S d pawmh aps;uGuw f iG f &S,, f mrsm; onf qufvuf aps;rm aecJu h m awmif ud;k &D;,m; pawmhaps;uGuf taejzihf tm;vyf&ufjzihf ydwf xm;qJjzpfonf/ tar&duefor®w a':e,f'&efY \ ajrmufu;kd &D;,m; tay:ta&; ,lrI tajctaersm;aMumihf a'o wGif; EdkifiHrsm;\ pawmh&S,f,m aps;uGufrsm;udk xdcdkufEdkifrnf[k cefYrSef;xm;Muonf/ tar&duefa':vmESihf *syef ,ef; vJvS,f&mwGif vGefcJhaom aomMumaeY aygufaps; t& wpf a':vmvQif *syef,ef; 112.68 jzihf aps;ydwfcJhonf/

Oil Prices Stable as OPEC Says Market is Rebalancing Henning Gloystein

O

il prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas Intermediate (WTI) crude futures were trading at $49.65 per barrel at 0327 GMT, up 7 cents, or 0.14 percent, from their last close. Brent crude futures, the international benchmark for oil prices, were up 6 cents, or 0.1 percent, at $55.85 a barrel. Traders said that oil prices were supported

as the Organization of the Petroleum Exporting Countries (OPEC) said oil markets were rebalancing fast after years of oversupply. “There is clear evidence that the market is rebalancing,” OPEC’s secretary general Mohammad Barkindo told Reuters on Monday. “The process of global destocking continues, both onshore and offshore, with positive developments in recent months showing not only a quickening of the process but a massive drainage of oil tanks across all regions,” he added. OPEC has led an effort to cut output this year to

end years of overproduction that created a huge supply overhang. “Both Brent and WTI took some solace by comments from the OPEC Secretary-General that they (OPEC and other producers like Russia) were working to create an extension to the production cut deal ahead of the November OPEC meeting,” said Jeffrey Halley, senior market analyst at futures brokerage OANDA in Singapore. The reductions were implemented in January and are set to expire at the end of March 2018. There have been discussions about extending curbs to cover all of

next year, though no formal agreement has been reached. U.S. bank JP Morgan said in a note to clients that previous “concerns that OPEC compliance would fade into the fourth quarter now appear unfounded” and that “stronger than assumed economic growth offers the potential for tight market conditions to continue if OPEC extends the current deal for another nine months”. The bank also said political disputes between the United States and Iran could drive oil prices higher. Short-term price support was also coming

from the United States, where some 85 percent of U.S. Gulf of Mexico oil production, or 1.49 million barrels a day, is offline in the aftermath of Hurricane Nate, the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) said late on Monday. Oil companies evacuated staff from Gulf platforms and curtailed output ahead of the storm, which hit the region last weekend. Myanmar Summary

tar&duef&dS [m&Dued ;f rkew f ikd ;f aMumihf a&eHxw k v f yk rf rI sm;udk xd cdu k cf o hJ nft h wGuf urÇmah &eHxw k f

vkyfrIEdkifiHrsm;jzpfaom OPEC EdkifiHrsm;uae a&eHxkwfvkyfrIudk jyefvnf oH;k oyfomG ;rnf[k ajym qdv k u kd Nf y;D aemuf a&eHaps;EIe;f rsm; onfwnfNidrfaecJhonf[kvGefcJh aom t*F g aeY ayguf a ps;t& od&onf/ tar&dueftaemuf wufquf &Sda&eHukefoG,frI\ aps;EIef;rsm; t& a&eHwpfpnfudk tar&duef a':vm 49.65 a':vmayguf aps;&Scd NhJ y;D 0327 GMT ñTe;f ude;f wGif 4 qifo h rYkd [kwf 0.14 &mcdik f EIe;f xd jrihw f ufNy;D aps;ydwcf o hJ nf/ EdkifiHwumaps;uGufwGif a&eH aps;EIe;f rsm;onf 6 qihf odrYk [kwf 0.1 &mcdkifEIef;xd jrihfwufcJhNyD; wpfpnfvsif tar&duefa':vm 55.85 aps;EIef;jzihf aps;ydwfcJh onf/

17

Myanmar Business Today mmbiztoday.com

October 19-25, 2017

Feature: Ecotourism Comes to Mexico’s Yucatan Peninsula

M

orning dawns on Mayan lands, north of the Yucatan peninsula. The sun illuminates a giant poplar that guards a secret beneath its roots: the cenote of Kankirixche, a cave with a pool of crystalline water reaching 50 meters down. Inside this wide pit of stone, catfish swim in the deep as swallows nest in the ceiling made of stalactites. Everything seems nature-made, except for a 35-step wooden staircase that serves to access the spectacle. Outside, Jose Arceo Ku Ucan, a 62-year-old Mayan citizen, receives visitors and charges them 20 pesos (around one U.S. dollar) to enter. He said the cenote was a secret until two years ago when the small community of Uayalceh agreed to open it to the public. "There are Sundays when 100 cars arrive," said the Mayan, who was resting in the shade of a tree 15 blocks away from the cenote. Near the well, the only traces of human presence are restrooms and a restaurant built with the support of the government of Yucatan. FOCUS ON SUSTAINABLE TOURISM Kankirixche is only an example of how Yucatan is seeking to sustainably maximize its natural attractions where the Mayan civilization prospered almost 2,000 years ago. The director of Planning, Evaluation and Monitoring for the Yucatan Secretariat of Tourism (Sefotur), Raul Paz, explains that community ecotourism projects have almost doubled from 35 to more than 63 in the last five years. Through funding and support by the federal and state governments, infrastructure has been built, people have been trained to care for the sites or manage tourists, and projects are being promoted online and offline.

Cenote Kankirixche

sian shares rose on Tuesday, shrugging off modest losses on Wall Street, while expectations of another U.S. interest rate increase this year continued to underpin the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent. Japan’s Nikkei stock index reversed early losses and gained 0.4 percent, as markets reopened after a public holiday on Monday. Korean shares rallied 2 percent on their first day of trading this month, on expectations that tensions with Pyongyang could ease, and as tech shares led by Samsung Electronics Co Ltd caught up with gains made by global stock markets after a long break. Seoul markets were closed last week and on Monday for public holidays. “Global stock markets marked strong gains while Seoul markets were off, and the price of semiconductors continued to rally,” said Lee Seung-woo, a stock analyst at Eugene Investment & Securities. Russian Foreign Min-

ister Sergei Lavrov told U.S. Secretary of State Rex Tillerson in a phone call on Monday that an escalation of tensions on the Korean peninsula is unacceptable. Russia and China both called for restraint on North Korea on Monday after U.S. President Donald Trump warned over the weekend that “only one thing will work” in dealing with Pyongyang, hinting that military action was on his mind. “We are expecting a December Fed rate hike, so we are expecting the trend to be dollar strength and yen depreciation, though whenever North Korean risks rise, that pushes down the dollar,” said Harumi Taguchi, principal economist at IHS Markit in Tokyo. Interest rate futures are now pricing in nearly a 90 percent chance that the U.S. Federal Reserve will rise rates again in December. The dollar was steady on the day against its Japanese counterpart at 112.68 yen. On Friday, it had risen as high as 113.44 yen, its highest level since July 14. “The dollar has re-set to a slightly lower range from last week,” said

INTERNATIONAL BIZ

Eighty-five percent of visitors are foreigners, most of whom come from the United States and Europe’

"We have worked on improving the urban image, the construction of hotels and training tourism professionals within community projects that benefit Mayan speakers," said Paz. The Sefotur official says that Yucatan receives 1.5 million tourists a year, who on average spend at least one night in the local hotels. But Yucatan now faces the challenge of reconciling how to best protect its attractions with the increasing influx of tourists, which make up over 10 percent of its economy.

Paz said the state has more than 3,000 cenotes, but only 68 are open to tourists as they meet regulations for water cleanliness. "It is one of the most important challenges ... achieving sustainable tourism. Sustainability is the future of tourism, if we do not conserve the resources we have, we will obviously end them," Paz said. INTERNATIONAL TOURISM MAGNET The star attraction of Yucatan is unquestionably the main pyramid

of Kukulcan, at the heart of the pre-Hispanic city of Chichen Itza, which is among the 10 most visited archaeological sites in the world along with the Great Wall of China and the Parthenon in Greece. Nearly 2.5 million people enter the 47-hectare archaeological zone every year, in order to visit the most important political, economic and religious center of the ancient Mayan civilization. Marco Antonio Santos, director of the world-famous archaeological site Chichen Itza, explains that 80 employees are in charge of guarding and maintaining the site, which receives thousands of tourists daily. Chichen Itza provides an economic windfall of approximately 4 billion pesos (around 214 million dollars) for Yucatan and the rest of the peninsula, its director said. Eighty-five percent of visitors are foreigners, most of whom come from the United States and Europe. Since 2010, the influx of Asian tourists, mainly from China, has risen, and this segment now accounts for 5 per-

cent of the 2.5 million annual visitors, Santos said. Yuna Hou, a 36-yearold tourist from Beijing, was one of them. She had travelled with four Chinese friends to the site. "It is very impressive and wonderful. One thousand years of history is a long time," she said. "It's a good thing that the pyramid prohibits climbing in order to protect it." Xinhua Myanmar Summary

ruúqu D \ kd Yuctan uRe;f qG,f ajrmufzuf ar,efuRef;pkrsm;odkY obm0ywf0ef;usifqdkif&m c&D; oGm;rIEeI ;f rSm jrihw f ufaeNy;D vuf wif tar&d u wd k u f E S i h f urÇ m t0Sr;f u c&D;onfrsm; 0ifa&mufrI rSmvnf; wk;d wufaeonf[k od& onf/ ¤if;a'owGif a&ul;jcif;? ig; zrf;jcif;? 'dkifAifxdk;jcif; ponfh yif v ,f a &ES i h f ouf q d k i f a om obm0ywf0ef;usiq f idk &f m tyef; ajz tem;,lrrI sm; tjyif wpfjcm; avhvmp&mrsm;vnf; &Sad eonf/ touf 62 ESpft&G,f ar,ef uRef;om; tzdk;tdk Jose Arceo Ku Ucan taejzihf ESpfpOf c&D; onfrsm;udk vufcHavh&SdNyD; wpf a,mufut kd ar&duef wpfa':vm ESifh nDrQaom yDqkd 20udk aumuf

cHavh&Sdonf/ tqkyd gtzd;k td\ k ajymMum;csuf t&vG e f c J h a om ES p f E S p f u ,ck ae&modYk vlol ta&muftayguf enf;NyD; ,ckrS c&D;oGm;rsm; 0if a&mufrI rsm;jym;vmonf [kqdk onf/ vGefcJhaom we*FaEGaeYu qdk vsif um;tpD ; a& 100 ausmf a&muf&SdvmNyD; tzdk;tdktwGuf c&D;onfrsm;pGm &&SdcJhNyD; ¤if;wdkY twGuf vdktyfonfrsm;udk jyif qif a y;&í armyef ; ae[ef & S d onf/ Kankirixche onf Yucatan wpf0u kd w f iG f obm0 ywf0ef;usif udk xdef;odrf;xm;NyD; c&D;oGm;rsm; udk qGaJ qmif&m t"duae&m jzpf vmcJNh y;D vGecf ahJ omESpx f uf ESpq f eD;yg; jrihfwufvmcJhonf/ Yucatan a'o\ c&D;oGm; vkyf ief;qdkif&m apmihfMunhf avhvm a&; 'g½d k u f w m Raul Paz \ ajymMum;csuf t& vGecf ahJ omESpf u tqkyd g c&D;oGm; pDru H ed ;f aygif; 35 ckuae ,ckEpS w f iG f 63 cktxd ESpq f eD;yg; jrihw f ufvm onf[k qdkonf/ tqd k y ga'owG i f yif v ,f ausmuf*l 3,000 ausm&f dS &muae vGecf ahJ omESpu f yifv,fausmuf *laygif; 68 ckukd zGiv fh pS af y;cJo h nf [k od&onf/


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.