Myanmar business today vol 2, issue 34

Page 1

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

mmbiztoday.com

MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL

Mining Association Eyes Commodity Market May Soe San

A

central mineral PDUNHW ZLOO EH HV WDEOLVKHG LQ 0\DQ PDU LQ D ELG WR HOLPLQDWH LO OLFLW PLQLQJ SURGXFWV WUDGH DQG DYRLG ORVV RI VWDWH UHY enue, U Khin Maung Han,

Inside MBT

<RXU 0\DQPDU 7D[HV Âą +RZ 'R <RX 3D\ DQG 2WKHU ,VVXHV 3

/LIH LQ D &LUFOH 7KH 7\UH FXW WHUV RI <DQJRQ 3

&KLQD )ORXQGHUV LQ 0\DQPDU ZKLOH ,QGLD *OLGHV 3

YLFH SUHVLGHQW RI 0\DQPDU )HGHUDWLRQ RI 0LQLQJ $V VRFLDWLRQ 0)0$ VDLG Âł:H DUH WU\LQJ WR HVWDE OLVK D FHQWUDO PDUNHW EXW RXU DVVRFLDWLRQ FDQÂśW GR LW DORQH :H QHHG WKH JRYHUQ PHQWÂśV KHOS :H ZDQW WR VHW XS WKH PDUNHW E\ WKLV \HDU ´ 7KH PDUNHW DLPV DW IHWFK LQJ JRRG SULFHV IRU PLQ LQJ H[WUDFWV DQG FUHDWLQJ DZDUHQHVV IRU YDOXH DGGHG PLQLQJ SURGXFWV GRPHVWL cally, U Khin Maung Han VDLG DGGLQJ WKDW WKH PDU ket will curb illegal mining SURGXFWV WUDGH LQFUHDVH VWDWHÂśV UHYHQXH DQG KHOS collect accurate data on PLQLQJ SURGXFWV LQ 0\DQ PDU 7KH PDUNHW LV DOVR VHHQ DV D SODWIRUP WR LQWHJUDWH 0\DQPDU LQ FURVV ERUGHU PLQLQJ SURGXFWV WUDGH DV WKH $6($1 (FRQRPLF &RPPXQLW\ $(& FRPHV LQWR H̆ HFW LQ 7R LP SOHPHQW VXFK PDUNHW WKH DVVRFLDWLRQ ZLOO KDYH WR HVWDEOLVK OLQNV ZLWK WKH JOREDO FRPPRGLW\ VXSSO\ FKDLQ H[SHUWV VD\ Âł7KLV KDV EHHQ DWWHPSWHG IRU D ORQJ WLPH 1RZ WKH\ DUH GRLQJ WKLV DV WKH\ WKLQN

WKH WLPH LV ULJKW +RZHYHU ZKHQ IRUHLJQ SOD\HUV FRPH LQ ORFDO LQGXVWULHV ZLOO QRW be able to compete and will KDYH WR VHHN JRYHUQPHQW protection,� U Sein Myint, D IRUPHU Ṙ FLDO DW WKH 0LQ LVWU\ RI 0LQLQJ WROG Myanmar Business Today. 0\DQPDU LV FXUUHQWO\ trying to become a full member of the Extractive ,QGXVWULHV 7UDQVSDUHQF\ Initiative (EITI), which DLPV WR HQVXUH PRUH WUDQV SDUHQF\ LQ KRZ D FRXQWU\œV QDWXUDO UHVRXUFHV DUH JRY HUQHG DQG IXOO GLVFORVXUH RI JRYHUQPHQW UHYHQXHV IURP LWV H[WUDFWLYH VHFWRU Myanmar Summary

owü K w&m;r0if u k e f o G , f r I yaysmuf&efEiS fh Eikd if b hH @mqH;k ½I;H rI avsmhenf;ap&ef owüKta&mif; t0,fjyKvkyfEkdifrnfh owüKA[dk aps;uGufwpf&yfukd azmfaqmif oG m ;&ef &S d a Mumif ; jref r mEd k i f i H owüKvyk if ef;&Sirf sm;toif;'kOuú| OD;cifarmif[efu Mo*kwf 14 &uf aeYwiG f jyKvyk o f nfh jrefrm-w½kwf ukefoG,frIjr§ifhwifa&;zdk&rfwGif xnfhoGif;ajymMum;cJhonf/ owüKA[dkaps;uGufwpf&yfazmf aqmif&jcif;rSm wGif;xGufo,H Zmwrsm; a&mif;cs&mwGif aps;EIef;

&&Sd a&;? jynf w G i f ; wG i f owĂĽ K ta&mif ; t0,f a ps;uG u f a y: ayguf v map&ef ? w&m;r0if a&mif;csjcif;rsm; yaysmufap&ef? Ed k i f i H b @maiG w d k ; wuf a p&ef ? jynfwGif;wGif owĂĽKrnfrQxGuf&Sd onfudk pm&if;twdtusod&Sdap &efjzpfonf/ ]]owĂĽKaps;uGufay:zdkY aqmif &Gufv suf&Sdygw,f/ toif;wpfck wnf;taeeJYawmhr&ygbl;/ EdkifiH awmftpdk;&bufuvnf; ulnD aqmif& Gufa y;zdkYvnf; vdktyf w,f/ tckvuf&u dS awmh toif; uae owĂĽ K A[d k a ps;uG u f a y: vmzdkY aqmif&Gufaew,f/ 'DESpf twGif;vkyaf qmifr,f}}[k 'kOuĂş| OD;cifarmif[efu ajymonf/ ,if ; tm;azmf a qmif j cif ; jzif h EdkifiH\ pD;yGm;a&;jyKjyifajymif;vJ rIt& Global Supply Chain jzifh rMumcifaqmif&Guf&rnfjzpf &m AEC Blue Print twGuf tod y nmay;jcif ; ? wG i f ; xG u f o,HZmwrsm;tm; xkwfvkyfrI wefz;kd jri§ w hf ifay;jcif;?tdref ;D csi;f EdkifiHrsm;? tmqD,HEdkifiHrsm;rSwpf qifh urÇmhaps;uGufodkY csdwfquf jcif;? EdkifiHawmf\wnfqJOya'? td r f e D ; csif ; Ed k i f i H r sm;\wnf q J Oya'rsm;ESifhtnD n§dEIdif;Ă­ e,f pyfukefoG,fpepfay:aygufvm ap&efwdkY &&Sdaprnfjzpfonf/

August 28-September 3, 2014 | Vol 2, Issue 34

President Urges to Align FDI with Development Projects Htun Htun Minn

P

Myanmar Summary

UHVLGHQW 8 7KHLQ 6HLQ XUJHG WKH DGRS WLRQ RI DQ LQYHVWPHQW plan to better align foreign LQYHVWPHQW ZLWK FLW\ DQG WRZQVKLS GHYHORSPHQW SURMHFWV LQ KLV RSHQLQJ UH PDUNV DW D ZRUNVKRS RQ ODQG UHVRXUFH PDQDJH ment for urban and rural GHYHORSPHQW SURMHFWV Although the Myanmar ,QYHVWPHQW &RPPLVVLRQ 0,& LV SURYLGLQJ RQH VWRS VHUYLFH DV SURYLVLRQHG E\ LQYHVWPHQW ODZV WKH SURFHVV FRQWLQXHV WR VHH GHOD\V GXH WR ZKDW WKH SUHVLGHQW FDOOHG D ³ODFN RI DQ LQYHVWPHQW SODQ ´ &XUUHQWO\ FHQWUDO PLQ LVWULHV VWDWH DQG UHJLRQDO JRYHUQPHQWV GHFLGH ZKDW NLQG RI LQYHVWPHQWV VKRXOG EH DSSURYHG LQ ZKDW WRZQ VKLSV DQG ORFDWLRQV DQG verify if they are aligned with current development SURMHFWV DQG QHHGV ¹ D SUR FHVV WKDW LV ORQJ DQG WHGL RXV

EdkifiHjcm;&if;ESD;jr§KyfESHrIr sm;udk NrdKUjyESifh NrdKUe,fzGHYjzdK;wdk;wwfa&; pDrHudef;rsm;ESifhtnDrnfodkYcGifhjyK Edik o f nfukd BuKd wifnE§d iId ;f vsmxm; owf r S w f c suf r sm ;yg0if a om Investment Plan a&;qGJ&ef Ed k i f i H a wmf o rŽ w OD ; od e f ; pd e f u NrdKUjy? aus;&GmzHGUNzdK;wdk;wufa&; pDrHudef;rsm;twGuf ajrt&if; tjrpfpDrHcefYcJGa&;qdkif&m tvkyf ½kHaqG;aEG;yGJzGifhyGJtcrf;tem;wGif ajymMum;cJhonf/ &if;ESD;jr§KyfESHrIOya't& &if;ESD; jr§KyfESHrIaumfr&Sifu owfrSwf &uftwGif;NyD;pD;&ef O ne-stop Service aqmif&Gufay;aomf vnf; &if;ESD;jr§KyfESHrIvkyfief;rsm; aESmifhaES;vsuf&Sdonf/,if;odkY aESmifhaES;ae&onfrSm oufqdkif onfh jynfaxmifpk0efBuD;Xme rsm;eSifhwkdif;a'oBuD;? jynfe,f tpk d ; &rsm;tMum; rnf o nf h &if ; eS D ; jr§ K yf E S H r I t rsKd ; tpm;ud k rnfhonfhNrdKUe,f? rnfonfhae&m wGif NrdKUe,fzGHUNzdK;wkd;wufa&;pDrH udef;? NrdKUjypDrHudef;wkdYESifhtnD

Contd. P 3...

Contd. P 3...

LOCAL BIZ

2 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Business News in Brief MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL

Board of Editors Editor-in-Chief - Sherpa Hossainy Email - editor@mmbiztoday.com Deputy Editor - Aundrea MontaĂąo Email - aundrea.montano@gmail.com Editor-in-Charge - Wai Linn Kyaw Email - linnkhant18@gmail.com Ph - 09 40 157 9090 Regional & International Editors Kwan Yuk Sing, Logan Linnane

Reporters & Contributors Htun Htun Minn, May Soe San, Kyaw Min, Wai Linn Kyaw, Tin Mg Oo, Aye Myat, Aung Phyo, Zwe Wai, Phyo Thu, David Mayes, Sherpa Hossainy, Aundrea MontaĂąo, Kwan Yuk Sing, Logan Linnane

Art & Design Zarni Min Naing (Circle) Email - zarni.circle@gmail.com Ko Naing Email - nzlinn.13@gmail.com

DTP May Su Hlaing

Translators Aye Chan Wynn, Wai Linn Kyaw, Phyu Maung

Advertising Seint Seint Aye, Moe Hsann Pann, Htet Wai Yan, Zin Wai Oo, Nay Lin Htike Advertising Hotline - 09 420 237 625, 09 4211 567 05, 09 31 450 345, 09 250 411 911, 09 2500 18646 Email - sales.mbtweekly@gmail.com

Subscription & Circulation Aung Khin Sint - aksint2008@gmail.com 09 20 435 59 Nilar Myint - manilarmyint76@gmail.com 09 4210 855 11 Khaing Zaw Hnin - snowkz34@gmail.com 09 4211 30133

Managing Director Prasert Lekavanichkajorn pkajorn@hotmail.com 09421149720

Publisher U Myo Oo (04622)

Printing Shwe Naing Ngan Printing (04193)

No. 1A-3, Myintha 11th Street, South Okkalapa Township, Yangon. Tel: 951-85000 86, 8500 763 Fax: 951-8603288 ext: 007

Over 30 companies interested in Kyaukphyu SEZ 0RUH WKDQ ORFDO DQG IRUHLJQ FRPSDQLHV KDYH VXE PLWWHG ([SUHVVLRQ RI ,QWHUHVWV (R,V IRU LQYHVWPHQW LQ WKH .\DXNSK\X 6SHFLDO (FRQRPLF =RQH QHDU .\DXN SK\X GHHS VHD SRUW LQ WKH ZHVWHUQ VWDWH RI 5DNKLQH OR FDO PHGLD TXRWHG DQ DGYLVRU RQ WKH 6(= .\DZ +ODLQJ DV VD\LQJ Junta approves stalled Dawei project 7KDLODQGœV PLOLWDU\ UHJLPH KDV JLYHQ WKH JR DKHDG IRU WKH 'DZHL 6(= 'HYHORSPHQW '6(= SURMHFW VD\LQJ LW ZLOO KHOS WR VPRRWK LQYHVWPHQW EHWZHHQ 7KDLODQG DQG 0\DQPDU $ MRLQW YHQWXUH UHJLVWHUHG LQ 7KDLODQG '6(= LV D VSHFLDO SXUSRVH YHKLFOH ZLWK D \HDU FRQ FHVVLRQ IURP WKH 0\DQPDU JRYHUQPHQW WR GHYHORS WKH VSHFLDO HFRQRPLF ]RQH DQG D GHHS VHD SRUW UHSODFLQJ ,WDOLDQ 7KDL 'HYHORSPHQW 3OF ZKLFK KDG UHFHLYHG WKH FRQFHVVLRQ IURP 0\DQPDU LQ 1RYHPEHU World Bank to help develop insurance market 7KH :RUOG %DQN ZLOO DVVLVW 0\DQPDU LQ LWV ELG WR GH YHORS LWV LQVXUDQFH PDUNHW Ṙ FLDOV WROG D ZRUNVKRS 3ODQV DUH XQGHUZD\ WR VHW XS DQ LQVXUDQFH DVVRFLDWLRQ DQG D GDWD FHQWUH ZLWK KHOS IURP WKH :RUOG %DQN 7KH 86 &KDPEHU RI &RPPHUFH ZLOO DOVR SURYLGH LWV ¿ UVW HYHU DVVLVWDQFH WR 0\DQPDU ZKLFK FRYHUV WKH VXSHUYLVLRQ RI LQVXUDQFH FRPSDQLHV DQG LQVXUDQFH WHFKQRORJLHV Over $200m seized in connection with money laundering in 12 years 2YHU PLOOLRQ KDV EHHQ VHL]HG VR IDU LQ FRQQHF WLRQ ZLWK PRQH\ ODXQGHULQJ DFWLYLWLHV LQ 0\DQPDU VLQFH WKH $QWL 0RQH\ /DXQGHULQJ $FW RI WRRN HI IHFW ORFDO PHGLD UHSRUWHG UHIHUULQJ WR WKH $QWL 0RQH\ /DXQGHULQJ &HQWUDO &RPPLWWHH 7KDL 2LO WR ELG IRU 7KDQO\LQ UH¿ QHU\ LQ <DQJRQ 7KDL 2LO LV LQWHUHVWHG LQ WDNLQJ SDUW LQ RLO UH¿ QHU\ SUR MHFWV LQ 0\DQPDU DFFRUGLQJ WR FKLHI H[HFXWLYH Ṙ FHU 9HHUDVDN .RVLWDSDLVDO 7KDL PHGLD UHSRUWHG 9HHUDVDN VDLG 7KDL 2LO WRJHWKHU ZLWK WKH SDUHQW ¿ UP 377 ZRXOG VXEPLW D SURSRVDO WR XSJUDGH WKH 7KDQO\LQ RLO UH¿ QHU\ QHDU <DQJRQ 7KH 0\DQPDU 3HWURFKHPLFDO (QWHUSULVH ODVW PRQWK LVVXHG DQ LQYLWDWLRQ WR WHQGHU IRU WKH UHKD ELOLWDWLRQ RI WKH 7KDQO\LQ UH¿ QHU\ XQGHU D MRLQW YHQWXUH VFKHPH 7KH GHDGOLQH IRU VXEPLWWLQJ ELGV LV 2FWREHU 77: HQWHUV 0\DQPDU LQ ¿ UVW IRUD\ 77: 3XEOLF &RPSDQ\ LV XQGHUWDNLQJ LWV ¿ UVW RYHUVHDV YHQWXUH LQ VRXWKHDVWHUQ 0\DQPDU ZLWK DQ LQLWLDO LQ YHVWPHQW RI PLOOLRQ LQ ZKDW LW KRSHV LV WKH SURWR W\SH SURMHFW IRU GHYHORSLQJ WDS ZDWHU DQG RWKHU V\VWHPV LQ QHLJKERXULQJ FRXQWULHV 0DQDJLQJ GLUHFWRU &KDLZDW

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alaysian Group secures $63.29-m Myanmar contract 7KH 80: *URXS KDV VHFXUHG FRQWUDFWV ZRUWK 50 PLOOLRQ PLOOLRQ WR VXSSO\ PRUH WKDQ XQLWV RI .RPDWVX HTXLSPHQW LQ 0\DQPDU 7KH Âż UP VDLG WKH FRQWUDFWV ZHUH IURP LWV WKUHH PDMRU FXVWRPHUV LQ 0\ DQPDU ZKR DUH LQYROYHG LQ WKH MDGH PLQLQJ LQGXVWU\ LQ +SDNDQW NP QRUWK RI 0DQGDOD\ 0\DQPDUÂśV VHFRQG ODUJHVW FLW\ 7KH GHOLYHU\ RI WKH .RPDWVX HTXLS PHQW LV H[SHFWHG WR FRPPHQFH IURP 2FWREHU Myanmar Summary

jynfwGif;ESifhjynfyukrĂœPD 30 ausmfonf ausmufjzLNrdKUteD;wGif wnfaqmufvsuf&Sdonfh ausmufjzLtxl;pD;yGm;a&;ZkefESifhausmufjzL a&eufqdyfurf;wGif &if;ESD;jr§KyfESH&ef pdwf0ifpm;aeaMumif; pdwf0ifpm; rIazmfjyvTmrsm;udk wifjycJhMuonf[k od&onf/ xdkif;ppftpdk;&onf xm;0,ftxl;pD;yGm;a&;ZkefzGHUNzdK;wdk;wufrIpDrH udef;tm; qufvufaqmif&Guf&ef cGifhjyKcJhonf[k od&onf/ urÇmh bPfonf jrefrmhtmrcHvkyfief;zGHUNzdK;wdk;wufa&;twGuf ulnD axmufyHhrIrsm;jyKvkyfoGm;rnf[k od&onf/ tqdkygtpDtpOfonf tmrcHtzGJUtpnf;rsm;udk ulnD&ef vkyfief;aqmif&GufrIrsm;jyKvkyfae onf[k od&onf/ aiGaMu;c0gcsrIwdkufzsufa&;A[dkaumfrwDu jrefrmEdkifiHwGif vGefcJhonfh 12 ESpftwGif;Ăź aiGaMu;c0gcsrIyrmPpkpk aygif; tar&duefa':vm oef; 200 ausmf&SdcJhonf[k aMunmcJh onf/ xdkif;EdkifiHtajcpdkuf TTW WUVP \GNLIXNUÂł3'RQI }LI ZN<G? yxrqHk;EdkifiHwum&if;ESD;jr§KyfESHrItaejzifh jrefrmEdkifiHwGif &if;ESD;jr§Kyf ESHrIrsm;jyKvkyf&efpDpOfaeonf[k od&onf/ tqdkygukrĂœPDonf jrefrm EdkifiHwGif ydkufrSwpfqihfa&ay;a0a&;vkyfief;rsm;twGuf a&SU ajy;&if;ESD;jr§KyfESHrItaejzifh tar&duefa':vm 10 oef;cefYudk rGefjynfe,f armfvNrdKifNrdKUwGif &if;ESD;jr§KyfESHoGm;rnf[k od&NyD; ESpfpOf a&ukArDwmaygif; 30ç000 cefY pwifjzefYjzL;ay;Ekdif&ef pDpOfxm;NyD; aemufyikd ;f wGif ukArDwm 40ç000 cefjY zefjY zL;ay;oGm;rnf[k od&onf/ rav;&Sm;EdkifiH\ UMW tkyfpkonf jrefrmEdkifiH ausmufpdrf;xGuf&Sd &m zm;ueYfa'owGif toHk;jyK&eftwGuf rav;&Sm;&if;*pfaiG oef; 200? tar&duefa':vm 63 'or 29 oef;wefzdk;&Sd Komatsu aqmufvkyfa&;vkyfief;oHk;ypĂśnf;rsm;udk axmufyHhay;oGm;rnf[k od&onf/

LOCAL BIZ

3

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Soe Zeya Tun/Reuters

Chin Gov’t to Provide Vocational Training to Rural Youth

7KH JRYHUQPHQW ZLOO SURYLGH YRFDWLRQDO WUDLQLQJV WR &KLQ \RXWK LQ WKH ˃ HOGV RI DJULFXOWXUH ˃ VKHU\ DQG livestock breeding, a minister said.

Tin Mg Oo

T

KH &KLQ VWDWH 'H partment of Rural 'HYHORSPHQW SODQV WR SURYLGH YRFDWLRQDO WUDLQ LQJV LQ WKH VWDWHœV FDSLWDO +DNKD EHJLQQLQJ WKH VHF ond week of September LQ DQ H̆ RUW WR KHOS \RXQJ SHRSOH LQ UXUDO DUHDV LQ WKH OHDVW GHYHORSHG VWDWH LQ 0\DQPDU 7KH WUDLQLQJV ZLOO EH SUR YLGHG E\ VHYHUDO GHSDUW PHQWV LQFOXGLQJ $JULFXO WXUH )LVKHU\ /LYHVWRFN Breeding and Veterinary and Rural Development DV D PHDQV WR JLYH ORFDOV D SUDFWLFDO VNLOOV EDVH 8 Htay Win, director general RI WKH &KLQ VWDWH 'HSDUW From page 1... 7KH SUHVLGHQW DOVR KLJK lighted the need to review WKH LQYHVWPHQWV RI SDU WLFXODU DUHDV WR VHH LI WKH\ DUH FRPSDWLEOH ZLWK OR FDO GHYHORSPHQW SURMHFWV FRQWULEXWH WR ORFDO MRE RS SRUWXQLWLHV DQG HFRQRPLF GHYHORSPHQW H[SHFWDWLRQV ¹ RU LI WKH\ DUH KDPSHULQJ VRFLRHFRQRPLF SURJUHVV RU GDPDJLQJ WKH HQYLURQ PHQW ³,QYHVWPHQWV DUH QHFHV VDU\ 6R , WKLQN WKH JRYHUQ PHQW LV WDNLQJ WKH UHTXLUHG VWHSV WR PDNH LQYHVWPHQW LPSDFWIXO :H KDYH WR ZDLW DQG VHH ZKDW WKH SODQ ZLOO look like,� Daw Yi Yi Myint, former principle of Yangon (FRQRPLF 8QLYHUVLW\ WROG Myanmar Business Today. Currently, Myanmar ERDVWV ORFDOO\

PHQW RI 5XUDO 'HYHORS ment told Myanmar Business Today. Âł([SHUWV IURP UHOHYDQW VHFWRUV ZLOO WUDLQ \RXWK LQ UXUDO DUHDV DIWHU ZKLFK WKH\ FDQ DSSO\ DQG VKDUH the knowledge within their RZQ FRPPXQLWLHV 7KH VWDWH JRYHUQPHQW DQG RXU department will bear the FRVW RI WKLV SURJUDP $GGLWLRQDOO\ HPSOR\ PHQW SUHSDUDWLRQ WUDLQ LQJV VXFK DV FDUSHQWHU DQG PDVRQU\ PRWRUELNH UHSDLU and machinery operation WUDLQLQJ ZLOO DOVR EH SUR vided to more than 700 \RXWKV XVLQJ . PLOOLRQ DOORWWHG LQ WKH )< EXGJHW 7KH JRYHUQPHQW VD\V LW RZQHG FRPSDQLHV IRUHLJQ VXEVLGLDULHV MRLQW YHQWXUHV DQG ORFDO IRUHLJQ SDUWQHUVKLSV $ WRWDO RI IRUHLJQ FRPSD QLHV KDYH EHHQ DSSURYHG IURP -DQXDU\ WR -XQH WKLV \HDU WR LQYHVW LQ FRPPX QLFDWLRQV PDQXIDFWXULQJ KRWHO DQG WRXULVP PLQLQJ DQG DJULFXOWXUH VHFWRUV DF cording to the Directorate RI ,QYHVWPHQW DQG &RPSD QLHV $GPLQLVWUDWLRQ From page 1...

cGifhjyKekdifonfudk BudKwifn§dEIdif; vsmxm;owfrw S rf rI sm;yg0ifaom Investment Plan a&;qGJxm;&Sd &ef vkdtyfrIwkdYaMumifhjzpfonf >N }LI X TXIDM\PRQI &if;ES;D jrK§ yEf rHS pI rD u H ed ;f rsm;a&;qGJ taumif t xnf a zmf & mwG i f &if;ES;D jrK§ yEf rHS cI iG jhf yKrnfah e&monf Nrd K UNypD r H u d e f ; ES i f h n D ù G w f r I &Sd ^ r&Sd/ NrdKUe,fa'otvkyftukdif

ZLOO KHOS LQGLYLGXDOV ZKR KDYH Âż QLVKHG WKHVH WUDLQ LQJV Âż QG MREV DQG ZLOO KHOS provide them with relevant WRROV DQG PDWHULDOV IRU WKHLU VXFFHVV 7KH SURJUDP KDV WUDLQHG PRUH WKDQ \RXWKV LQ WKH WRZQ RI 3DOHZD XVLQJ . PLOOLRQ allocated to the program in WKH )< EXGJHW 7KH program will be expanded WR WKH WRZQVKLSV RI 7HWLP 7RQ]DQ 0DWXSL DQG .DQ SDWOHW Âł7KHVH JRYHUQPHQW HI IRUWV DUH VWLOO QRW HQRXJK 7R FUHDWH MRE RSSRUWXQL WLHV IRU \RXWK WKH JRY HUQPHQW VKRXOG SDUWQHU ZLWK IRUHLJQ LQYHVWRUV DQG FRPSDQLHV WR SURYLGH VNLOOV WUDLQLQJ

tcGifhtvrf;ESifh a'opD;yGm;a&; zGNHY zKd ;wk;d wufrt I wGuf taxmuf tul jzpf^ rjzpf/ jynfolwkdY\ vlrIpD;yGm;a&;ukdxdcdkufekdifrI&Sd^ r&Sd obm0ywf0ef;usif xdckduf EkdifrI&Sd^ r&Sd pdppfNyD; ajrtokH;csrI tusdK;&Sd xda&mufpGm aqmif&Guf oGm;&ef vdktyfaMumif; EdkifiH awmforŽwu ajymonf/ qdkwm ]] investment vdktyfwmyJ? vdktyfwmawGudk jznfhqnf;zdkYtaeeJY 'Dvdkvkyfw,f vdkYjrifw,f/ &if;ESD;jr§KyfESHrItaeeJY avh v mrI a wG & S d a eayr,f h vdkY &SdaewJh policy awGu tum tuG,fay;Edkif&r,f/ jynfwGif; u vlawGtaeeJYvnf; wGJzuf vk y f u d k i f v mwmawG U ae&wJ h twGuf investment plan u b,fvdkyHkpHay;Edkifvnf; apmifh Munfh&r,f}}[k &efukefpDyGm;a&; wuú o d k v f y garmuŠ a [mif ; a':&D&Djrifhu ajymonf/

“Now people from other VWDWHV DQG UHJLRQV FRPH WR work here (in government VHUYLFH DV D VWHSSLQJ VWRQH WR DGYDQFH WR KLJKHU SRVLWLRQV &KLQ \RXWKV VKRXOG EH JLYHQ SULRULW\ IRU WKHVH SRVWV LQ GHSDUWPHQWV ZLWKLQ &KLQ VWDWH :KDW ZH DUH VHHLQJ QRZ DUH MXVW VKRUW WHUP UHPHGLHV ´ VDLG U Zoe Zam, a member of WKH VWDWH SDUOLDPHQW &KLQ ZLWK RYHU SHU FHQW RI LWV SRSXODWLRQ OLY LQJ LQ SRYHUW\ LV WKH SRRU HVW VWDWH LQ 0\DQPDU 7KH VWDWH LV GLYLGHG LQWR WKUHH GLVWULFWV QLQH WRZQVKLSV YLOODJH WUDFWV DQG YLOODJHV 2YHU SHUFHQW RI WKH HVWLPDWHG UHV LGHQWV OLYH LQ UXUDO DUHDV DFFRUGLQJ WR WKH VWDWLVWLFV RI WKH VWDWH 'HSDUWPHQW RI 5XUDO 'HYHORSPHQW Myanmar Summary

csi;f jynfe,ftwGif;&Sd aus;vuf a'orS vli,fr sm;tm; vufawGU toHk;csvkyfudkifEdkifrnfh touf arG;0rf;ausmif;oifwef;rsm;udk puf wif bmv'k w d , tywf rS pwifĂ­ [m;cg;NrdKUe,fwGifpwif zGifhvSpfoGm;rnfjzpfaMumif; csif;

jynf e ,f a us;vuf a 'ozGUH NzdK ; wdk;wufa&;OD;pD;XmerS owif; &&Sdonf/ tqd k y goif w ef ; udk jynf e ,f twGif;&Sd pdkufysKd;a&;OD;pD;Xme? ig;vkyfief;OD;pD;Xme? arG;jrLa&; ESifh ukoa&;OD;pD;Xme? aus;vuf a'ozGHUNzdK;wdk;wufa&;OD;pD;Xme wdkrY Soufqikd &f mu@rsm;tvdu k f vufawGUtoHk;csvkyfudkifEdkif&ef wpfvMumoifwef;ydkYcsoGm;rnf jzpfaMumif; csif;jynfe,faus; vufa'ozGHUNzdK;wdk;wufa&;OD;pD; Xme jynfe,fOD;pD;rSL; OD;aX;0if; u Myanmar Business Today odkY ajymonf/ ]]aus;vufa'orSm&SdwJhvli,f awGukd oifwef;awGykcdY say;rSmjzpf NyD; olwdkYawGurSwpfqifh aus;&Gm awGxJrSm&SdwJholawGudk qifhyGm; jyefvnfay;Edik w f o hJ al wGjzpfatmif oufqikd &f muRrf;usiyf nm&Siaf wG eJo Y ifMum;ay;oGm;rSmyg/'DtwGuf ukefusp&dwfudk jynfe,ftpdk;&eJY uReaf wmfw0kYd efBuD;Xmeuukeu f scH U6P\J``>N }LI X DM\PRQI tqdkygoifwef;tjyif tvkyf tudkiftcGifhtvrf;oifwef;rsm; tjzpf atmufwdkbmvukefwGif 2014-2015 b@mESpftwGuf

&&Sdaom aiGusyfodef; 710 jzifh oifwef;om; 700 ausmftm; vuf o rm;yef ; &H o if w ef ; rsm ;? qdik u f ,fEiS fhpufj yifoifwef;rsm;? ,EĂ… & m;armif ; oif w ef ; rsm ;udk 10 &ufv QifwpfBudrfzGifhvSpfoGm; rnfjzpfonf/ ,ckvo kd ifwef;rsm;wufa&muf NyD;ygu jynfe,ftwGif;&Sd Xme qd k i f & mvk y f i ef ; wm0ef r sm;wG i f tvkyt f udik rf sm;&&S&d efaqmif&u G f ay;rnfhtjyif vuform;toHk; taqmifypĂśnf;rsm;? yef;&HypĂśnf; rsm;ponfwdkYudkvnf; ulnDay; tyf o G m ;rnf j zpf o nf / tqd k y g oifwef;udk wD;wdef? wGe;f ZH? rwly?D uef yuf v uf N rd K Ue,f r sm;wG i f zGifhvSpfrnfjzpfNyD; 2013-2014 b@mESpfu yvuf0NrdKUwGif usyf odef; 120 oHk;pGJĂ­ oifwef; om; 120 ausmftm; ydkYcsay;cJhNyD; jzpfonf/ csif;jynfe,fonf qif;&JrIEIef; 73 'or 3 &mcdkifEIef;&Sdaom tqif;&JqHk;jynfe,fwpfckjzpfNyD; aus;&Gmaygif; 1408 &Gm? NrdKUe,f 9 ck? c½dkif 3 ck? aus;&Gmtkyfpk 470 rS vlOD;a& ig;odef;0ef;usif cefY&SdNyD; 74 &mcdkifEIef;rSm aus; vufaejynfolrsm;jzpfonf/

4 Myanmar Business Today

LOCAL BIZ August 28-September 3, 2014

mmbiztoday.com

UPS Establishes Freight Forwarding Services in Myanmar Zwe Wai

U

Htun Htun Minn

V

Luke Sharrett/Bloomberg

nited Parcel Service of North America ,QF 836 LV WR H[ SDQG LWV LQERXQG DQG RXW ERXQG DLUIUHLJKW VHUYLFHV LQ 0\DQPDU IRU WKH ¿UVW WLPH WKH $PHULFDQ ORJLVWLFV JL DQW VDLG 836œ JOREDO FXVWRPHUV trading to and from Myan PDU ZLOO QRZ KDYH DFFHVV WR WKH ¿UPœV VXSSO\ FKDLQ VHUYLFHV ZKLFK LQLWLDOO\ ZLOO include UPS Air Freight Direct and UPS Air Freight &RQVROLGDWHG ³836 ZRUNV FORVHO\ ZLWK RXU FXVWRPHUV DQG WKH\ KDYH H[SUHVVHG D QHHG IRU UHOLDEOH IUHLJKW VHUYLFHV from Myanmar that will FRQQHFW WKHP WR PDUNHWV ZRUOGZLGH ´ VDLG 0DU\ <HR YLFH SUHVLGHQW RI VXS SO\ FKDLQ RSHUDWLRQV 836 6RXWK $VLD 'LVWULFW ³%XVLQHVVHV LQ 0\DQPDU FDQ WDS LQWR 836œV JOREDO ORJLVWLFV H[SHUWLVH H[WHQ VLYH QHWZRUN DQG WHFKQROR JLHV ZKLOH UHO\LQJ RQ RXU airfreight and oceanfreight VHUYLFHV ´ $V 0\DQPDU EHJLQV LWV HFRQRPLF WUDQVIRUPDWLRQ ZLWK DLPV WR EHFRPH D QHZ manufacturing market, de PDQG IRU IUHLJKW VHUYLFHV LV H[SHFWHG WR VN\URFNHW 0\DQPDU KDV D JURZWK SRWHQWLDO RI SHUFHQW LQ WKH ¿VFDO \HDU RI to 2015, according to the International Monetary )XQG ³$VLD FRQWLQXHV WR HYROYH DV QHZ PDUNHWV HPHUJH DQG PDWXUH PDUNHWV PRYH XS WKH YDOXH FKDLQ ´ VDLG

Gov’t Departments to Introduce Video Conferencing in Six Months

-H̆ 0F&RUVWLQ SUHVLGHQW of global freight forward LQJ 836 $VLD 3DFLÂżF Âł836Âś R̆HULQJ LQ 0\ DQPDU XQGHUVFRUHV RXU ORQJVWDQGLQJ H̆RUWV WR VWUHQJWKHQ RXU VHUYLFH RI IHULQJ LQ $VLD DQG WR LQWH JUDWH HPHUJLQJ PDUNHWV LQWR WKH JOREDO VXSSO\ FKDLQ ´ The company, founded in GHOLYHUV PRUH WKDQ PLOOLRQ SDFNDJHV D GD\ WR PRUH WKDQ PLOOLRQ FXV WRPHUV LQ PRUH WKDQ FRXQWULHV DQG WHUULWRULHV around the world, employ LQJ PRUH WKDQ SHRSOH ,WVÂś UHYHQXH VWRRG DW ELOOLRQ

olrsm;ESiehf ;D pyfr&I &S&d ef vyk af qmif oGm;rnfjzpfonf/ ,HkMunfpdwcf s tar&d u ef u k e f p nf o ,f ,l &onfh ukefpnfo,f,lydkYaqmifrI ydkYaqmifa&;vkyfief;BuD;wpfckjzpf vk y f i ef ; rsm ;ud k jref r mEd k i f i H E S i f h onfh United Parcel Service urÇmtESUH csw d q f ufaqmif&u G Ef ikd f onf jrefrmEdkifiHwGif yxrOD;qHk; &ef jyKvyk o f mG ;rnf[k UPS ta&S U tBud r f t jzpf uk e f p nf o ,f , l awmiftm&S\ ukepf nfjznfq h nf; ydaYk qmifa&;vkyif ef;rsm;csUJ xGi&f ef ay;rIqdkif&m'kwd,OuĂş| r,f&D½dk; pDpOfaeonf[k od&onf/ u ajymcJhonf/ UPS \urÇmvHk;qdkif&mpm;oHk; xdkYjyif jrefrmEdkifiHonf pD;yGm; ol0efaqmifrq I ikd &f mvkyif ef;onf a&;jyKjyifajymif;vJrIr sm;aqmif MUHIUP(GNLIL+Z*LI }LI ZGN<?YN\ILHI &Guv f mojzihf ukeyf pĂśn;f xkwv f yk f rsm ;udk pwif a wmh r nf j zpf N yD ; a&;Ăź aps;uGuw f pfcjk zpfvmaom ukepf nfjznfq h nf;a&;0efaqmifrI aMumifh ukefpnfo,f,lydkYaqmif vk y f i ef ; rsm ;udk 0ef a qmif rIay; a&;vkyfief;rsm;twGuf aps;uGuf oGm;rnf[k od&onf/ %X' ZSIFMN ]SIYPDZPKUQI>N }LI UPS WDHM]LI K }LI ZG? <N SP R+ N u ajymcJhonf/ Myanmar Summary

ideo conferencing between govern PHQW GHSDUWPHQWV will be implemented at the beginning of next year, ac FRUGLQJ WR WKH 0LQLVWU\ RI /LYHVWRFN )LVKHULHV DQG 5XUDO 'HYHORSPHQW The plan will be imple PHQWHG DV SDUW RI DQ H JRY ernment project the ad PLQLVWUDWLRQ LV SXVKLQJ WR DFKLHYH :KHQ WKH V\VWHP JRHV RQOLQH ṘFLDOV ZLOO be able to convene without KDYLQJ WR OHDYH WKHLU ṘF HV WKH PLQLVWU\ VDLG 7KH V\VWHP LV H[SHFWHG WR EH LQVWDOOHG ZLWKLQ WKH QH[W VL[ PRQWKV LW DGGHG “The project plan cover LQJ KRZ IDU WKLV ZLOO JR DQG how it will be implement HG ZLOO EH UHOHDVHG VRRQ :H KDYH VWDUWHG ZRUNLQJ WRZDUGV XSJUDGLQJ WKH H JRYHUQPHQW V\VWHP WR D functional level,â€? Dr Tun Lwin, director of the min LVWU\ÂśV 'HSDUWPHQW RI 5X ral Development, told Myanmar Business Today. “Currently we only have the capacity run the gov HUQPHQW ZHEVLWHV DQG ZHÂśOO KDYH WR GLVFXVV ZLWK VWDWH DQG UHJLRQDO OHYHOV WR determine how far we can go with our current capac LW\ ´ KH DGGHG $ FRPPLWWHH LV GXH WR EH IRUPHG WR RYHUVHH WKH LPSOHPHQWDWLRQ RI WKH H JRYHUQPHQW V\VWHP 7KH committee will be charged ZLWK WKH UHVSRQVLELOLW\ WR FDOFXODWH DQG SURSRVH WKH

DGGLWLRQDO EXGJHW UHTXLUH PHQWV IRU WKH SURMHFW 7KHUH DUH DOVR SODQV WR SUR YLGH WUDLQLQJ WR SHUVRQQHO IURP YDULRXV JRYHUQPHQW GHSDUWPHQWV ṘFLDOV VDLG 2QH RI WKH SUHVVLQJ RE VWDFOHV IRU WKH SURFHVV LV 0\DQPDUÂśV YHU\ VORZ LQ ternet connection, which D̆HFWV SURGXFWLYLW\ LQ HYH U\ VHFWRU Âł&OHDU DQG VSHFLÂżF JRDOV PXVW EH VHW LQ UHJDUG WR WKH H JRYHUQPHQW V\VWHP VXFK DV ZKLFK JRYHUQPHQW GH SDUWPHQWV ZLOO LPSOHPHQW WKH SURJUDP )RU H[DPSOH if I would like to extend a ve KLFOH OLFHQFH IDFWV OLNH ZKHUH and when I can do that need WR EH VSHFLÂżF ´ VDLG 'U 7XQ 7KXUD 7KHW VHFUHWDU\ JHQ eral of the Myanmar Com SXWHU 3URIHVVLRQDOV $VVRFLD WLRQ 0&3$ Contd. P 9... Myanmar Summary

tpdk;&Xmetcsif;csif; AD'D,dk uGefYz&efYjzifh csdwfqufjyD; aqmif &Gurf u I kd ,ckEpS t f wGif; azmfaqmif EdkifrnfjzpfaMumif; arG;jrLa&;? a&vkyif ef;ESihfaus;vufzUGH NzKd ;a&; 0efBuD;XmerS od&onf/ EkdifiHawmftpdk;&tzGJU taumif txnfazmfaqmif&Gufaeaom e-government udk taumif txnfazmfonfhtaejzifh AD'D,dk uGezf &efaY zmfaqmifEikd &f ef aqmif &Gufjcif;jzpfaMumif; ,if;0efMuD; Xme? aus;vuf a 'ozG H U Nzd K ;a&; Contd. P 9...

LOCAL BIZ

5

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Your Myanmar Taxes – How Do You Pay, and Other Issues James Finch & Kyaw Swa Myint

L

Limited, resident in Yangon. Kyaw Swa Myint is an advisor at DFDL Myanmar Limited’s Yangon Tax Business Unit. Myanmar Summary

jref r mEd k i f i H w G i f o if v k y f u d k i f onfq d k v Qif v pOf v pm&&S d r nf jzpfonf/ oifhvpmrSm a':vm 4ç000 jzpfonf[k qdkMuygpdkU/ rnf o nf h a e&mrS & onf j zpf a p? oifhtaejzifhjrefrmEdkifiHwGifae $OO ZLWKKHOG WD[HV DUH RZH WD[HV WKH WD[ DXWKRU xdkifvQif tcGefay;&rnfomjzpf FUHGLWHG WRZDUGV WKH WD[ LW\ ZLOO SURYLGH D IRUP FHU onf/ vkyfief;t&tydkcHpm;cGifhrsm; EXUGHQ IRU WKH HPSOR\HH WLI\LQJ WKDW QR PRUH WD[HV $IWHU WKH DQQXDO VWDWH DUH RZHG ,Q SUDFWLFH WD[ tay:wG i f a &mrnf o k d U ouf PHQW LV VXEPLWWHG WKH WD[ Ṙ FHUV GR QRW LVVXH LQ a&mufovJ/ oifhukrĂœPDu DXWKRULW\ LVVXHV IRUP ,5' GLYLGXDO UHWXUQV EXW SUR oifhtm; um;wpfpD;ESifh '½dkifbm ,7 Âł1RWLFH RI 'HPDQG vide a tax record book for for payment of tax under ERWK 0\DQPDU FLWL]HQV ZSI2' D\ Ă‚ }LI ZGN8WZ*XISNSND VHFWLRQ RI WKH ,QFRPH DQG UHVLGHQW IRUHLJQHUV ygif ; uk e f u sp&d w f r S m a':vm Tax Law,â€? which will let WKDW LV XVHG WR WUDFN WD[ 5ç000 [kqdkMuygpdkU? oif\ the employee know if he SD\PHQWV GXULQJ WKH WD[ jref r mtcG e f a iG r S m a':vm RU VKH RZHV DQ\ PRUH WD[ \HDU WR WKH JRYHUQPHQW 4ç000 twGufr[kwfawmhbJ HV 7KH ,7 DOVR WHOOV WKH From the tax record book a':vm 9ç000 twGufaqmif HPSOR\HH ZKDW SHQDOWLHV HPSOR\HHV ZLOO NQRZ WKH\ vm&rnfjzpfonf? LI DQ\ DSSO\ IRU ODWH SD\ RZH QR IXUWKHU WD[HV tb,faMumifhqdkaomf jrefrm PHQWV James Finch is a parttcG efaumufcHrIrSmtydkcHpm;cGifh ,I WKH HPSOR\HH GRHV QRW ner at DFDL Myanmar Shutterstock

DVW ZHHN ZH WDONHG DERXW WKH EDVLF WD[ UDWHV LQ 0\DQPDU DQG ZKR PXVW SD\ 7KH next thing any taxpayer ZDQWV WR NQRZ LV ZKDWœV included in my income DQG KRZ FDQ WD[ SD\ PHQWV OHJDOO\ EH UHGXFHG If you’re being paid for work in Myanmar, you’ll UHFHLYH D SD\FKHTXH HYHU\ PRQWK IURP \RXU HP SOR\HU /HWœV VD\ LWœV WKH HTXLYDOHQW RI 5H PHPEHU LW GRHVQœW PDWWHU ZKHUH LWœV SDLG LI \RXœUH D UHVLGHQW RI 0\DQPDU \RX RZH WD[HV RQ LW But what about fringe EHQH¿ WV" /HWœV VD\ \RXU FRPSDQ\ JLYHV \RX D FDU DQG GULYHU DQG DQ DSDUW ment which together are ZRUWK D PRQWK )RU 0\DQPDU WD[HV \RXU WD[DEOH JURVV LQFRPH ZLOO EH QRW EHFDXVH 0\DQPDU WD[HV the fair market value of IULQJH EHQH¿ WV DV LQFRPH :H WDONHG ODVW ZHHN DERXW H[HPSWLRQV IRU VSRXVH DQG FKLOGUHQ $UH WKHUH DQ\ GHGXFWLRQV IURP \RXU JURVV VDODU\ WKDW ZLOO UH duce the amount you’re WD[HG RQ" The maximum you can GHGXFW LV SHUFHQW RI \RXU VDODU\ ZKLOH WKH ED VLF DOORZDQFH LV SHU cent, with the caveat that WKH ¿ QDO DOORZDQFH FDQQRW H[FHHG . +HUHœV DQ H[DPSOH GHDO LQJ ZLWK IULQJH EHQH¿ WV :HœOO FDOFXODWH DQ HP SOR\HHœV WD[DEOH LQFRPH /HWœV VD\ \RX DV DQ HP ployee receive a monthly VDODU\ RI ZLWK QR IULQJH EHQH¿ WV PDNLQJ \RXU HVWLPDWHG DQQXDO LQFRPH ,I ZH FRQYHUW WKLV WR N\DW ZLWK the current exchange rate RI . 86' \RXU DQQXDO VDODU\ LV . ,WœV LPSRUWDQW WR FRQ YHUW WKH VDODU\ WR N\DW DV WD[HV PXVW EH SDLG LQ N\DW 6LQFH WKH EDVLF DO ORZDQFH LV SHUFHQW ZH can calculate that you can GHGXFW . 8Q IRUWXQDWHO\ WKLV H[FHHGV the cap of K10,000,000

PHQWLRQHG DERYH VR \RX will only be able to take a . GHGXFWLRQ %DVHG RQ WKH DERYH we can now calculate that your taxable income ZLOO EH . Âą . . ,QGLYLGXDO FLUFXPVWDQFHV VXFK DV GHSHQGHQWV DQG OLIH LQ VXUDQFH FDQ PHDQ IXUWKHU GHGXFWLRQV DV WKH SHU FHQW GHGXFWLRQ LV WUHDWHG VHSDUDWHO\ IURP RWKHU GH GXFWLRQV <RX FDQ DOVR GHGXFW OLIH LQVXUDQFH SUHPLXPV RQ ZRUOGZLGH OLIH LQVXU DQFH DQG FRQWULEXWLRQV WR FKDULWDEOH RUJDQLVDWLRQV UHFRJQLVHG E\ WKH 0\DQ PDU JRYHUQPHQW In Myanmar, income WD[HV DUH ZLWKKHOG DQG WKHQ SDLG WR WKH JRYHUQ PHQW E\ WKH HPSOR\HU 7KLV PHDQV \RXU HPSOR\ HU PXVW VXEWUDFW WKHP IURP \RXU SD\FKHTXHV LQ RUGHU WR PDNH WD[ SD\ PHQWV WR WKH JRYHUQPHQW You are paid a net amount by your employer after WKLV VXEWUDFWLRQ KDV WDN HQ SODFH 7KH UHDVRQ IRU WKLV LV WR UHGXFH WKH ULVN WKDW LQGLYLGXDO HPSOR\ HHV ZRQÂśW SD\ WD[HV ,I DQ HPSOR\HH LV SDLG D JURVV amount including what ZLOO EH WD[HG KH RU VKH could become bankrupt RU OHDYH WKH FRXQWU\ OHDY LQJ WKH JRYHUQPHQW ZLWK RXW LWV WD[HV :LWKKROGLQJ LV WKH PHFKDQLVP WKDW HQ VXUHV WKH JRYHUQPHQW ZLOO JHW LWV WD[HV UHJDUGOHVV RI ZKDW \RX GR After your employer ZLWKKROGV SDUW RI \RXU PRQWKO\ VDODU\ DV WD[HV WKH\ PXVW EH SDLG RYHU WR WKH UHVSHFWLYH 7RZQVKLS IRD (Internal Revenue 'HSDUWPHQW ZLWK D VWDWH PHQW RI ZKDW KDV EHHQ ZLWKKHOG ZLWKLQ VHYHQ GD\V RI ZLWKKROGLQJ ,Q SUDFWLFH WKLV LV XVXDOO\ GRQH HYHU\ WKUHH PRQWKV <RXU HPSOR\HU PXVW SURYLGH DQ DQQXDO VWDWH PHQW IRU DOO LWV HPSOR\HHV of everything withheld and paid within three PRQWKV RI 0DUFK ZKLFK LV WKH HQG RI WKH WD[ \HDU ,I WKH DQQXDO VWDWH PHQW LVQÂśW Âż OHG ZLWKLQ WKH three month period, there LV D SHQDOW\ RI XS WR SHUFHQW DW WKH GLVFUHWLRQ RI WKH WD[ DXWKRULWLHV

rsm;ud0k ifaiGtjzpfwu G cf suaf om aMumifhjzpfonf/ tcG e f t wG u f t rsm;qH k ; oif avQmah yghEikd cf iG rhf mS oifv h pm\ 25 &mcdkifEIef;jzpfNyD;tajccHcGifhjyKrI rS m 20&mck d i f E I e f ; jzpf u maemuf qH k ; avQmh a ygh c H p m;cG i f h r S m usyf 10ç000ç000 xufrausmf&[l aomuefUowfcsuf&Sdonf/ jrefrmEdkifiHwGif0ifaiGcGefrsm; udktvkyf&Sifuz,fxm;ítpdk;& xHay;oGif;&um tvkyf&Sifonf oif\ vpmxJrS tcGefudkEkwfí usef & S d o nf h y rmPud k x k w f a y; &jcif;jzpfonf/tvkyform;wpf OD;csif;u tcGefray; aqmifrnfh tEü&m,fudk avQmhcs&efjzpfonf/ tvkyform;rsm;tm; tcGefay; aqmif & rnf h y rmPtygt0if vpmtjynfht0ay;acsvdkufyg X }LI WDHM]LIK D JY'F+MFLI odUk r[kww f ikd ;f jynfrx S u G cf mG oGm; jcif;wdkUay:aygufEdkifNyD;tpdk;&rSm tcGefaiGr&&SdbJusef&pfcJhEdkifo jzifhtcGefaiGudkz,fxm;NyD; vpm D\ MFLI U6 P WSG N X}LI ?W cGefrsm;udk&&Sdap&efjzpfonf/

LOCAL BIZ

6

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Life in a Circle: The Tyre-cutters of Yangon Jacob Goldberg

Myanmar Summary

STR/Getty

Y

DQJRQ LV FKDQJLQJ TXLFNO\ $V ZDYHV RI IRUHLJQ LQYHVWPHQW DQG FDSLWDOLVW DPELWLRQV ZDVK RYHU WKH FLW\ JOLW]\ EDUV DQG PRGHUQ ṘFHV have begun to perforate WKH VFUXP RI ZRRGHQ WHD VKRSV DQG FUXPEOLQJ FR ORQLDO HGLÂżFHV 0\DQPDUÂśV FRPPHUFLDO HSLFHQWUH LV PDNLQJ LWV VWHHS DVFHQW WRZDUG JOREDO FLW\ VWDWXV DQG WKRVH RI XV ZKR OLYH KHUH KDYH WKH DOPRVW GDL O\ SULYLOHJH RI VHHLQJ WKH FLW\ DV LW ZLOO QHYHU DSSHDU DJDLQ But not all of Yangon OLYHV XS WR LWV UHSXWDWLRQ DV D G\QDPLF HPHUJLQJ FRVPRSROLV ,Q 6RXWK 2N NDODSD D UHPRWH LQGXV trial zone in the northern UHDFKHV RI WKH FLW\ OLIH EHDWV WR WKH VDPH SUHGLFW DEOH UK\WKP DV LW KDV IRU GHFDGHV 7KH UK\WKP LV produced by the neigh ERXUKRRGÂśV FRPPXQLW\ RI ÂłW\UH FXWWHUV´ Âą SHRSOH ZKR VNLOOIXOO\ IDVKLRQ DQ DUUD\ RI XVHIXO LWHPV RXW RI PDWHULDOV KDUYHVWHG IURP ROG W\UHV 7KLV UK\WKP LV QRZ FDS WXUHG LQ D VKRUW GRFXPHQ WDU\ FDOOHG Âł7\UHV´ ZKLFK ZDV GLUHFWHG E\ .\DZ 0\R /ZLQ DQG VKRW E\ $XQJ .R .R ERWK VWX GHQWV DW WKH <DQJRQ )LOP 6FKRRO 7KH WZR ZHUH DZDUGHG %HVW 6WXGHQW 'L UHFWRU DQG %HVW 6WXGHQW &LQHPDWRJUDSKHU UHVSHF WLYHO\ DW WKH 3DOP 6SULQJV ,QWHUQDWLRQDO 6KRUWIHVW LQ -XQH 7KH IHVWLYDO KHOG DQQXDOO\ LQ &DOLIRUQLD LV WKH ODUJHVW ÂżOP IHVWLYDO IRU VKRUW ÂżOPV LQ WKH 8QLWHG 6WDWHV Âł7\UHV´ FRQWDLQV DOPRVW QR GLDORJXH ,QVWHDG WKH ÂżOP IRFXVHV RQ WKH UH SHWLWLYH PRYHPHQWV RI WKH KDQGV IHHW DQG IDFHV RI LWV VXEMHFWV DV WKH\ FUDIW EXFNHWV VOLSSHUV DQG VWHHO ZLUH EUXVKHV RXW RI W\UH SDUWV $EVHQW DQ\ OHQJWK\ LQWHUYLHZV WKH YLHZHU LV OHIW ZLWK LP DJHV RI PHQ DQG ZRPHQ crouching in low, wooden VKDQWLHV DQG WKH VRXQGV RI WKHLU ODERXU DV WKH\ KDP PHU VFUDSH VWULS DQG FXW WKH UXEEHU DQG VWHHO IURP WKH W\UHV XVLQJ D YDULHW\ RI KRPHPDGH WRROV 2QH RI WKH FXWWHUV .R 1DXQJ D \HDU ROG PDQ ZKR KDV EHHQ FXWWLQJ IRU

Workers cut used tyres to make water buckets, slippers or ropes, at a workshop in Yangon.

\HDUV EULQJV D EODGH SHULORXVO\ FORVH WR KLV ÂżQJHUV DV KH SRQWLÂżFDWHV WR KLV ZLIH DERXW KRZ WKH younger generation of FXWWHUV ZRUNV WRR TXLFNO\ OHDYLQJ WKHP H[KDXVWHG DQG WKHLU MRLQWV GDPDJHG “They will tire them VHOYHV RXW 7KH\ QHHG WR SDFH WKHPVHOYHV , VWDUWHG FXWWLQJ ZKHQ , ZDV LQ WKH ÂżIWK JUDGH 7KHUH LV QR QHHG WR KXUU\ ´ VD\V .R 1DXQJ DV KH FXWV D OD\HU of rubber from a tyre LQ VORZ VWHDG\ VWURNHV Âł7KLV LV D MRE WKDW ZLOO QHYHU PDNH \RX ULFK ´ 7KH OD\HUV RI UXEEHU .R 1DXQJ H[WUDFWV ZLOO EH IDVKLRQHG LQWR GXUDEOH VOLSSHUV DQG ZDWHU WLJKW EXFNHWV Âą HTXLSPHQW WKDW UXUDO IDPHUV QHHG DQG FDQ EX\ FKHDSO\ WKDQNV WR WKH LQJHQXLW\ RI WKH FXWWHUV /DWHU LQ WKH ÂżOP .R 1DXQJ ORXQJHV LQ D FRU QHU RI KLV VKRS DV KLV VRQ HQWHUWDLQV KLP E\ SHU IRUPLQJ VRPH WULFNV ZLWK UXEEHU EDQGV 7KH IDWKHU ODXJKV DQG DVNV KLV VRQ WR WHDFK KLP WKH WULFNV 'H VSLWH WKH LPSRVVLELOLW\ RI PDWHULDO ZHDOWK WKHUH LV levity and joy in the life of D W\UH FXWWHU Âł, ZDQWHG DXGLHQFHV WR VHH WKH ZRUN RI WKH W\UH FXWWHUV ,W LV D MRE WKDW QRW PDQ\ SHRSOH NQRZ DERXW 7KH ZRUN LV UHSHWLWLYH DQG boring, but the people are KDSS\ ´ VDLG .\DZ 0\R /ZLQ WKH ÂżOPÂśV GLUHFWRU Kyaw Myo Lwin began VSHQGLQJ WLPH ZLWK WKH W\UH FXWWHUV PRQWKV EH IRUH WKLV SURMHFW EHJDQ +H VDLG KH ZDQWHG WR XQGHU VWDQG WKHLU OLYHV DQG JHW D

feeling for what it might EH OLNH WR ZRUN LQ WKH W\UH FXWWLQJ SURIHVVLRQ Âł,ÂśP D ELW RI D VWUDQJH guy,â€? he joked, comment LQJ RQ KLV XQXVXDO GHFL VLRQ WR PDNH D ÂżOP DERXW D VXEMHFW WKDW KH DGPLWV LV ERULQJ 'HVSLWH WKH PXQ GDQHQHVV RI WKH WRSLF Kyaw Myo Lwin, Aung Ko .R DQG WKHLU VRXQG HGL WRUV PDQDJH WR UHYHDO WKH YLVXDO DQG DXUDO EHDXW\ LQ WKH OLIH RI WKH W\UH FXWWHUV forcing the viewer to re DOLVH WKDW GHYHORSPHQW DQG LQYHVWPHQW DUH QRW WKH RQO\ ZRUWK\ VWRULHV LQ <DQJRQ WRGD\ Another portion of the ÂżOP GHSLFWV 7KDQ 2R D \HDU ROG ZRPDQ ZKR KDV EHHQ ZRUNLQJ LQ W\UH VKRSV IRU WHQ \HDUV 6KH KDPPHUV VWHHO ZLUH H[ WUDFWHG IURP WKH W\UHV DQG VWULSSHG RI H[FHVV UXE EHU LQWR D EORFN RI ZRRG $IWHU KXQGUHGV RI VKRUW FOLQNV RI PHWDO RQ PHWDO VKH LV OHIW ZLWK D QHZ VWHHO EUXVK 6KH SXWV LW DVLGH DQG EHJLQV KDPPHULQJ WKH QH[W RQH $QRWKHU VWULNLQJ IHD WXUH RI Âł7\UHV´ LV LWV ODFN RI FRORXU ,W LV VKRW DOPRVW completely in black and ZKLWH .\DZ 0\R /ZLQ explained that when he WULHG WR VKRRW VFHQHV LQ colour, the bright clothing RI WKH ZRUNHUV VWRRG RXW DJDLQVW WKH GUDE LQGXVWUL al backdrop of South Ok NDODSD %XW ZKHQ KH WULHG VKRRWLQJ LQ EODFN DQG white, at the urging of one RI KLV PHQWRUV KH QRWLFHG WKH EODFNQHVV RI WKH W\UHV VWDQGLQJ RXW DJDLQVW WKH JUH\ VFHQHU\ +H UHDOLVHG

WKDW WKLV ZRXOG EH D EHWWHU ZD\ WR FRQYH\ WKH ÂżOPÂśV PHVVDJH “In black and white, you QRWLFH WKH W\UHV 7KH W\UH LV D FLUFOH 7KH GD\V DQG OLYHV RI WKH FXWWHUV DUH DOVR D FLUFOH ´ KH VDLG ,Q Âł7\UHV ´ WKH PRWLI RI FLUFXODULW\ LV LQHVFDSDEOH ,Q DQRWKHU VFHQH 8 .\L +DQ D \HDU ROG FXW WHU ZKR KDV EHHQ DW WKH MRE IRU IRUW\ \HDUV WHOOV WKH VWRU\ RI KRZ KLV EODGH VOLSSHG ZKLOH KH ZDV FXW WLQJ ULSSLQJ KLV ÂżQJHUQDLO ULJKW R̆ +H WKHQ VLQJV D VRQJ ZKRVH UHIUDLQ JRHV Âł7KH F\FOH RI OLIH LV ORQJ You don’t get what you

“

“I wanted the audience WR ORRN DW WKH IDFHV DQG IHHO , DP FORVH WR \RX ´ VDLG $XQJ .R .R WKH ÂżOPÂśV FLQHPDWRJUDSKHU 7KLV LQWLPDWH ORRN DW WKH OLYHV RI <DQJRQÂśV W\UH FXWWHUV FRPHV DW DQ RS SRUWXQH WLPH $V 0\DQ PDU FRQWLQXHV WR DWWUDFW DLG DQG LQYHVWPHQW WKH FRXQWU\ÂśV LQWHUQDO LQIUD VWUXFWXUH LV VWHDGLO\ LP SURYLQJ +HLJKWHQHG URDG TXDOLW\ PDNHV GLVFDUGHG W\UHV D UDUH FRPPRGLW\ UDLVLQJ WKH SULFHV DW ZKLFK 6RXWK 2NNDODSDÂśV W\UH FXWWHUV FDQ EX\ WKHP %XW GHYHORSPHQW DOVR EULQJV KLJKHU OHYHOV RI

They will tire themselves out. They need to pace themselves. I started cutting when I was in the fifth grade. There is no need to hurry. This is a job that will never make you rich.�

ZDQW <RX JHW ZKDW \RX GRQœW ZDQW ´ <HW WKH YLHZHU LV QRW OHIW IHHOLQJ VRUU\ IRU WKHVH OD ERXUHUV 7KH ¿OP GHSLFWV WKH IDPLOLHV RI WKH FXWWHUV HDWLQJ KHDUW\ PHDOV RI VWHZ DQG ULFH DV WKH\ VKDUH VWRULHV RI WKH GD\œV ZRUN ,W LV DOVR LQWHUVSHUVHG ZLWK FORVH XSV VKRWV RI WKH ZRUNHUVœ IDFHV ZKLFK are decorated with thana ND DQG H[SUHVVLRQV RI FRQ¿GHQW GLOLJHQFH

FDU RZQHUVKLS DQG WKDW may counterbalance the H̆HFWV WKDW LPSURYHG URDGV KDYH RQ WKH FXWWHUVœ OLYHOLKRRGV 7KH IXWXUH UH PDLQV XQFHUWDLQ MXVW DV DOO RI <DQJRQ XQGHUJRHV JURXQG VKLIWLQJ FKDQJH But for the time being, life in South Okkalapa con WLQXHV WR EHDW WKH IDPLOLDU rhythm of metal on rub EHU VFUDSLQJ VWULSSLQJ KDPPHULQJ FXWWLQJ

&efuek Nf rKd UrSm vsijf refpmG ajymif;vJ vsuf&SdNyD; jynfy&if;ESD;jr§KyfESHrIESifh t&if;&Si&f nfreS ;f csuv f iId ;f vH;k rsm; zHk;vTrf;vmonfESifhtrQ crf;em; awmufyaombm;rsm;ESifh acwf ay:½Hk;cef;rsm;uopfom;vufzuf &nfqdkifrsm;ESifh udkvdkeDtaqmuf ttkHr sm;udk zHk;vTrf;vmvsu&f Sd onf/ od&Yk mwGif &efuek w f pfNrdKUvH;k rSm ÞodEYk ikd if w H umNrdKUjyBuD;tjzpf ajymif;vJrIt&Sdeftwdkif; vdkufyg pD;qif;aeonfr[kwfyg/ NrdKUajrmufydkif;qifajczHk;pufrI Zkefa'ojzpfaom awmifOuúvm wGif b0rsm;rSm ,cifq,fpEk pS f rsm;pGmutwdkif;yif av;av;rSef rS e f q uf omG ;vsuf&Sd o nf / xd k pnf;csuu f kd ,if;NrKd Ue,f&dS wm,m ta[mif;rsm;rS tjcm;toHk;wnfh aomypÜnf;trsm;tjym;jyefvnf jyKvkyfonfh wm,mjzwfolrsm;xH wGif awGUEdkifonf/ &efukef½kyf&Sif oifwef;ausmif;rSjzpfNyD; taumif; qH k ; ausmif ; om;'g½d k u f w mES i f h taumif;qHk;ausmif;om;½kyf&Sif ½kduful;a&;ynmqkr sm;&&SdcJhonfh ausmfrsKd;vGifESifh atmifudkudkwdkY ½kduful;cJhaom ]]wm,m}} 2013 rSww f rf;½ky&f iS w f iG f ,if;pnf;csuf udk yHkazmfwifqufxm;onf/ ,if;rSwfwrf;½kyf&SifwGif yg0if aom touf 43 ESpft&G,f udkEdkifqdkolu vli,frsKd;qufr sm; u wm,mrsm;udk vsifjrefpGm jzwfawmuf&efBudK;pm;í ,if; wdkY\ cE¨mudk,fudk 0efydapum tqpfrsm;udk xdcdkufapaMumif; ajymjyonf / ]]uRef a wmf q d k & if ig;wef;uwnf;upNyD; wm,m jzwfcw hJ m? bmrStvsiv f pkd &mrvdk EO ``>N }LI X TGNRQI ]]'Dtvkyfu b,favmufvkyf vk y f csrf ; omr,f h t vk y f r [k w f bl;}}[kvnf; qdkonf/ odkY&mwGif y&dowfrsm;taejzifh ,if;vkyf om;rsm;twGuf oem;pdwfrsm; ay:aygufvmaprnfr[kwfbJ ,if;½kyf&SifwGif wm,mjzwfol UVP }LI ZGN<?UGRP SNUVP (6LIK U 4D vk y f u d k i f r I r sm;ES i fh 00vif v if pm;EdkifaomufEdkifyHkr sm;udkvnf; yHkazmfxm;onf/ ]]'Dvkyfom;awG&J U rsufESmawG udkMunfhNyD; y&dowfawGpdwfxJrSm igvnf; olwdkUeJYeD;pyfygw,fqdk wJh cHpm;csufr sKd; ay:aygufap csifwmygyJ}}[k ½kyf&SifzefwD;ol atmifudkudku qdkonf/]]wm,m jzwfolawGtaMumif; y&dowf awGudk odapcsifwmyg/ 'Dtvkyf u vlawGodyfrodMuwJhtvkyf av/}} [k'g½dkufwmausmfr sKd;vGif uqdkonf/

LOCAL BIZ

7 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Myanmar to Open More Border Trade Points Border trade goes up 11pc in FY 2014-15 WUDGH UHDFKHG ELOOLRQ LQ ÂżV cal year, of which over VHDV WUDGH DFFRXQWHG IRU ELOOLRQ RU percent while border WUDGH PDGH XS ELO OLRQ RU SHUFHQW In 2013, border trade hit ELOOLRQ ZLWK ELOOLRQ LQ H[SRUWV DQG ELOOLRQ LQ LPSRUWV

Phyo Thu

M

Myanmar Summary

jrefrmEdkifiHtaejzifh tdrfeD;csif; EdkifiHrsm;ESifh e,fpyfukefoG,frI jr§ifhwifEdkif&ef vmrnhfyGifhvif; &moDtwGi;f e,fpyfuek o f , G af &; pcef ; oH k ; ck zG i f h v S p f o G m ;rnf [k pD;yGm;a&;ESifhul;oef;a&mif;0,f The border gate between Myanmar and Thailand in Myawaddy. 0XVH UDFNV XS WKH KLJK ¿VFDWHG LOOHJDO JRRGV ELOOLRQ LQ WKH VDPH a&;0efBuD;XmerS aMunmchJonf/ HVW ERUGHU WUDGH WUDQVDF worth about $16 billion SHULRG ODVW \HDU WKH &HQ tqd k y ge,f p yf u k e f o G , f a &; WLRQV EHWZHHQ 0\DQPDU from November 2012 un WUDO 6WDWLVWLFDO 2UJDQL]D pcef;topfoHk;ckteuf ESpfckudk WLRQ VDLG and China, reaching over WLO -XO\ k ;f Edik if EH iS q hf ufpyfv su&f o dS nfh ([SRUWV VWRRG DW xdi ELOOLRQ LQ WKH ¿VFDO \HDU weoF m &D w d k i f ; a'oBuD ; ES i f h PLOOLRQ ZKLOH LPSRUWV $SULO 0DUFK Trade goes up 0\DQPDUœV ERUGHU WUDGH JDUQHUHG PLOOLRQ u,m;jynfe,fwkdYwGif zGifhvSpf DFFRUGLQJ WR WKH 0LQLVWU\ UHDFKHG ELOOLRQ 7KH JRYHUQPHQW KDV VHW D oG m ;rnf j zpf N yD ; usef w pf ck ukd RI &RPPHUFH 7KH DXWKRULWLHV UHFHQWO\ LQ WKH ¿UVW ¿YH PRQWKV WDUJHW RI ELOOLRQ LQ td E ´ d , Ed k i f i H E S i f h e ,f e d r d w f c sif ; VWDUWHG FUDFNLQJ GRZQ $SULO $XJXVW RI WKH ¿V total border trade volume quf p yf v suf &Sd o nfh csif ; jynf on illegal border trade, FDO \HDU XS IRU 0\DQPDUœV IRUHLJQ e,fwGifzGifhvSpfoGm;rnf[k od& FODLPLQJ WKDW LW KDV FRQ percent compared with Wai Linn Kyaw

yanmar will open three more border trade SRLQWV LQ WKH FRPLQJ RSHQLQJ VHDVRQ WR SUR PRWH ERUGHU WUDGH ZLWK LWV QHLJKERXULQJ FRXQWULHV DFFRUGLQJ WR WKH 0LQLVWU\ RI &RPPHUFH Of the three new border WUDGH SRLQWV WZR ZLOO EH VHW XS LQ 7DQLQWKDU\L UH JLRQ DQG .D\DK VWDWH OLQN ing Thailand, while one LQ &KLQ VWDWH FRQQHFWLQJ ,QGLD $XWKRULWLHV VDLG WKH\ are negotiating with concerned neighbour LQJ FRXQWULHV WR ṘFLDOO\ open the three new bor GHU WUDGH SRLQWV ZKLFK will take the total number RI VXFK SRLQWV WR 0\DQPDUœV ERUGHU WUDGH LV EHLQJ PDLQO\ GRQH WKURXJK 0XVH /ZHMH &KLQVKZHKDZ DQG .DQ Pite Tee with China, through Myawaddy with Thailand and through 7DPX ZLWK ,QGLD

onf/ jrefrmEdik if t H aejzifh vuf&dS tcsdefwGif tdrfeD;csif;EdkifiHr sm;ESifh aqG;aEG;n§dEIdif;rIr sm;jyKvkyfv suf &SdaMumif; od&onf/ tqdkyge,fpyf*dwfoHk;ckzGifhvSpf jzpfcyJh gu jrefrmEdik if w H iG f e,fpyf ukeo f , G rf pI cef;aygif; 18 cktxd &Sdvmrnfjzpfonf/ jrefrmEdkifiH\ e,fpyfukefoG,frIrSm t"dutm; jzifh rlq,f? vG,f*s,f? csif;a&T a[mf ? uef y d k u f w D ; Nrd K Ursm ;onf w½k w f E d k i f i H E S i f h v nf ; aumif ; ? jr0wDNrdKUonf xdkif;EdkifiHESifhvnf; aumif;? wrl;NrdKUonf tdE´d, EdkifiHESifhvnf;aumif; ukefoG,frI jyKvkyfvsuf&Sdonf/ rlq,fonf jrefrmESifh w½kwfEdkifiHukefoG,f&m ß ukeo f , G rf yI rmPtrsm;qH;k jzpf cJh&m 2013-2014 b@ma&;ESpf wGif tar&duefa':vm oef; 3000 eD;yg;&SdcJhonf[k pD;yGm; a&;ESifh ul;oef;a&mif;0,f0efBuD; Xmeu aMunmcJhNyD; jrefrmEdkifiH \e,fpyfukefoG,frIonf yxr ig;vumvwmtwGif; tar&d uefa':vm 1 'or 53 bDv, D H txda&muf&cdS Jo h nf[k od&onf/

LOCAL BIZ

8

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Kayah State to Get $1.9-m Tourism Boost Dutch funding for ITC programme aims increasing sustainable tourism in Myanmar Tin Mg Oo

T

7KLV SURMHFW ZLOO KHOS integrate local produc HUV DQG VHUYLFH SURYLGHUV LQWR WRXULVP YDOXH FKDLQV ZKLFK ZLOO LQFUHDVH UHY HQXH JHQHUDWLRQ KH VDLG “Creating economic op SRUWXQLWLHV IRU ORFDO FRP PXQLWLHV ZLOO FRQWULEXWH WR VRFLDO GHYHORSPHQW ´ Dick de Man, deputy managing director of CBI, VDLG WKH WRXULVP LQGXV try can bring foreign ex change to Myanmar and contribute to job creation LQ D SURPLVLQJ VHFWRU RI WKH FRXQWU\ÂśV HFRQRP\ JHQHUDWLQJ OLYHOLKRRGV IRU ORFDO FRPPXQLWLHV SDU WLFXODUO\ LQ .D\DK VWDWH “Our aim in working ZLWK WKH ,7& LV WR VXSSRUW VHOHFWHG VHFWRUV RI LQGXV try in developing coun WULHV LQFOXGLQJ 0\DQPDU to enhance their econom LF FRPSHWLWLYHQHVV DQG YL ability in a targeted way,â€? GH 0DQ VDLG

WMC

he International Trade Centre (ITC) together with the 1HWKHUODQGV &HQWUH IRU WKH 3URPRWLRQ RI ,PSRUWV from developing coun WULHV &%, KDV ODXQFKHG D PLOOLRQ SURMHFW WR ERRVW VXVWDLQDEOH WRXULVP in Myanmar with a par WLFXODU IRFXV RQ WKH FRXQ WU\ÂśV VFHQLF .D\DK 6WDWH 7KLV WKUHH \HDU SURMHFW IRUPV SDUW RI WKH 1HWKHU ODQGV 7UXVW )XQG 17) ,,, SURJUDPPH ÂżQDQFHG by CBI and implement ed by the International 7UDGH &HQWUH ,7& 7KH WRXULVP SURMHFW ZKLFK IRUPV SDUW RI 0\ DQPDUÂśV 1DWLRQDO ([SRUW 6WUDWHJ\ LV DLPHG DW IRV WHULQJ LQFOXVLYHQHVV RI WRXULVP GHYHORSPHQW ZKLFK ZLOO EHQHÂżW ORFDO FRPPXQLWLHV The NTFIII Steering

Group recently met local VWDNHKROGHUV DQG SDUWQHUV in Yangon, and Loikaw, FDSLWDO RI .D\DK VWDWH DQG GLVFXVVHG FROODERUDWLYH H̆RUWV DQG V\QHUJLHV IRU the implementation and VXVWDLQDEOH GHYHORSPHQW RI WKH WRXULVP SURMHFW DQG WKH HFRQRPLF EHQH¿WV WKDW ZLOO HQVXH IURP WKH VXFFHVV RI WKLV LQLWLDWLYH ,7&œV GHOHJDWLRQ OHDGHU $QGHUV $HURH GLUHFWRU for market development, VDLG WHFKQLFDO DVVLVWDQFH R̆HUHG WR WKH 0\DQPDU LV H[HFXWHG VWUDWHJLFDOO\ LQ line with national devel RSPHQW REMHFWLYHV ³2XU JRDO LV WR EXLOG the capacity of local au WKRULWLHV DQG DFWRUV LQ WKH WRXULVP VHFWRU WR ZRUN WR gether in a coherent and FRVW H̆HFWLYH ZD\ WR GUDZ YLVLWRUV WR .D\DK VWDWH ZKLFK LV D UHJLRQ RI JUHDW natural beauty,’ Aeroe VDLG

Myanmar Summary

EdkifiHwumukefoG,frIpifwm (ITC) onf e,fomvefEi kd if rH S CBI ESifh yl;aygif;Ă­ jrefrmEdkifiH u,m;jynf e ,f w G i f c&D ; oG m ; vkyif ef;wpfck tar&duefa':vm 1 'or 9 oef;wefzdk;&Sd c&D; oGm;vkyfief;pDrHudef;wpfckaqmif &Gufvsuf&SdaeaMumif; od&onf/ oH;k ESpMf umMumjrihrf nfh tqdyk gpDrH

ude;f onf e,fomvefb@ma&; &efyakH iGtzGUJ NTF III tpDtpOf? CBI ESifh EdkifiHwumukefoG,frI XmewdkY\tpDtpOfwpf&yfvnf; jzpfonf/ ,ckc&D;oGm;vkyif ef;pDrH ude;f onf jrefrmEdik if \ H trsKd;om; ydu Yk ek rf [mAsL[mpDru H ed ;f \tpdwf tyd k i f ; wpf c k j zpf N yD ; opf a wm tajccH c &D ; oG m ;vk y f i ef ; zG H U Nzd K ; wdk;wufap&efESifh XmaevlUtzGJU tpnf;tm; tusKd;aus;Zl;rsm;

&&Sdap&efvnf;jzpfonf/ NTFIII tkyfpkonf rMum ao;cifu jynfwGif;tmPmydkif rsm ;? vk y f a zmf u d k i f z uf r sm ;ESif h vGdKifaumfESifh &efukefNrdKUwdkYwGif awG U qH k c J h N yD ; c&D ; oG m ;vk y f i ef ; u@pDrHudef;pOfqufrjywfzGHUNzdK; wd k ; wuf a &;ESi fh xd a &muf pmG yl;aygif; a qmif &G uf a & ; wd k Y u d k aqG;aEG;cJhMuonf/

Baker & McKenzie Says Will Assist Firms Achieve Objectives in Myanmar Wai Linn Kyaw

G

WDVWLF WR HQJDJH ZLWK RXU FOLHQWV DQG WKH EURDGHU EXVLQHVV DQG SURIHVVLRQ DO FRPPXQLW\ WR GLVFXVV VRPH RI WKH VXFFHVVHV we’ve had and common LVVXHV ZHÂśYH IDFHG ´ VDLG &KULV +XJKHV PDQDJLQJ partner of Baker & Mc .HQ]LHÂśV <DQJRQ ṘFH Âł7KH EURDG EDVHG QD ture of the work we’re do LQJ Âą DFURVV WKH ÂżQDQFH SRZHU RLO DQG JDV WHO

Damir Sagolj/Reuters

OREDO ODZ ÂżUP Baker & McKen ]LH VDLG LW UHPDLQV XSEHDW DERXW 0\DQPDUÂśV JURZWK SURVSHFWV DQG ZLOO DVVLVW FRPSDQLHV LQ 0\ DQPDU SURYLGLQJ DFURVV the board legal and tax DGYLVRU\ VHUYLFHV 0\DQPDU LV UHJDUGHG DV ZHOO SODFHG WR EHQ HÂżW IURP $VLDÂśV G\QDPLF

JURZWK DQG FRQWLQXHV WR be a country of growing LQWHUHVW WR PDQ\ IRUHLJQ FRPSDQLHV 7KH $6($1 Economic Community LV IDVW DSSURDFKLQJ DQG 0\DQPDU LV FRQWLQXLQJ WR GHHSHQ LWV HFRQRPLF WLHV with neighbouring coun WULHV Âł:HÂśYH OHDUQW VR PXFK LQ WKH UHODWLYHO\ VKRUW WLPH VLQFH ZH RSHQHG LQ 0\DQPDU ,WÂśV EHHQ IDQ

%DNHU 0F.HQ]LH VDLG LW UHPDLQV XSEHDW DERXW 0\DQPDUÉ—V JURZWK SURVSHFWV DQG ZLOO DVVLVW FRPSDQLHV in Myanmar providing across the board legal and tax advisory services.

HFRPPXQLFDWLRQV DQG FRQVXPHU JRRGV VHFWRUV RQ LVVXHV VXFK DV IRUHLJQ LQYHVWPHQW DQG FRUSRUDWH VHWXS SURMHFWV DQG WUDQV DFWLRQV DQG VSHFLDOLVHG DGYLVRU\ VHUYLFH UHODWLQJ to intellectual property, EDQNLQJ DQG ÂżQDQFH WD[ DQG WUDGH Âą DOO LQGLFDWHV WKDW WKH LQYHVWPHQW FOL PDWH FRQWLQXHV WR EH VXVWDLQDEOH DQG SRVLWLYH IRU 0\DQPDUÂśV GHYHORS PHQW ´ 7KH ÂżUP DV SDUW RI WKH UHFHQW 86 $6($1 %XVL QHVV &RXQFLO 0LVVLRQ ZDV DOVR LQ GLVFXVVLRQ ZLWK Myanmar government of ÂżFLDOV DERXW WKH FRXQWU\ÂśV SULRULWLHV DQG LWV SODQV IRU OHJDO UHIRUP /DVW PRQWK %DNHU McKenzie brought to JHWKHU ODZ\HUV IURP DFURVV LWV $VLD 3DFLÂżF RI ÂżFHV ZLWK PRUH WKDQ EXVLQHVV H[HFXWLYHV IURP leading multinational and 0\DQPDU FRUSRUDWLRQV diplomatic and trade rep UHVHQWDWLYHV DQG 0\DQ PDU ṘFLDOV DW D UHFHS tion to formally celebrate the opening of Baker & 0F.HQ]LHÂśV <DQJRQ ṘFH ,QYLWHHV GLVFXVVHG WKH

SUDFWLFDO VWHSV WKH\ ZHUH WDNLQJ WR JUDVS WKH LQYHVW PHQW DQG EXVLQHVV RS SRUWXQLWLHV LQ 0\DQPDU DV ZHOO DV VKDULQJ LQVLJKWV on the changing regula WRU\ HQYLURQPHQW Kien Keong Wong, chairman of Baker & Mc .HQ]LHœV PHPEHU ¿UPV LQ 6LQJDSRUH ,QGRQHVLD DQG 0DOD\VLD VDLG ³7KH PHHWLQJ KDV EHQH¿WHG XV ZLWK JUHDWHU LQVLJKW DQG XQGHUVWDQGLQJ RI WKH FXU UHQW DGPLQLVWUDWLRQœV SRO LF\ JRDOV DQG SULRULWLHV +H VDLG DV 0\DQPDU FRQWLQXHV LWV WUDQVLWLRQ WR D PRUH RSHQ DQG WUDQV SDUHQW HFRQRP\ WKH ¿UP UHPDLQV ³VXSSRUWLYH DQG FRPPLWWHG´ WR LWV FOLHQWV WKURXJK LQYHVWLQJ LQ DQG training local talent to SURYLGH KLJK TXDOLW\ DQG UHOLDEOH VHUYLFH ³:H ZLOO FRQWLQXH WR DV VLVW RXU FOLHQWV LQ PDNLQJ UHVSRQVLEOH LQYHVWPHQWV in the country, helping them to put in place ef IHFWLYH VWUDWHJLHV DQG PHDVXUHV WKDW PHHW OHJDO UHTXLUHPHQWV WKHLU FRP SDQLHVœ JRDOV DQG &65 RE MHFWLYHV WR KHOS 0\DQPDU RQ LWV URDG WR VXVWDLQDEOH

economic development and employment crea WLRQ ´ Myanmar Summary

urÇmvHk;qdkif&mOya' Baker & Mckenzie onf vuf&Sd jzpfay:aeonfh jrefrmEdkifiH\ wdk;wufrIrsm;ESifhukrĂœPDrsm;udk Oya'ESifhtcGeftBuHay;qdkif&m vkyfief;rsm;udk axmufyHhay;oGm; rnf[k aMunmchJonf/ jrefrmEdik if o H nf tm&S\ tvsif tjref zGH U Nzd K ; wdk; wuf vmonf h EdkifiHwpfEdkifiHjzpfvmNyD; EdkifiHjcm; ukrP Ăœ rD sm;\pdw0f ifpm;rIrsm;vnf; wd k ; wuf v maecJhNyD ; tmqD , H pD;yGm;a&;todu k t f 0ef;onfvnf; tvsiftjrefc sOf;uyfvmaeNyD; pD ; yG m ;a&;zG H U Nzd K ;wd k ; wuf r I o nf vnf ; td r f e D ; csif ; Edkifi H r sm ;odk Y ½dkufcwfvmcJhonf/ ]]jrefrmEdkifiH wHcg;yGiv fh muwnf;u ywfouf qufEG,frIawGukd uRefawmfwdkY trsm;BuD;avhvmcJyh gw,f/t&rf; qGJaqmifrI&SdNyD; uRefawmfwdkY&JU azmufonfawGudk atmifjrifrI awG aqmifusOf;ay;Edkifvdrhfr,f vdkY xifygw,f}}[k Baker & k ½f Hk ;cGrJ S Baker & Mckenzie &efue Mckenzie rS Chris Hughes u ajymcJhonf/

LOCAL BIZ

9 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Full Implementation of Mobile Banking May Take up to Two Years WHP VKRXOG EH ODXQFKHG ³:KDWœV LPSRUWDQW LV WKDW WKHUH VKRXOG EH UHOHYDQW ODZV IRU WKH &HQWUDO %DQN DV ZHOO DV IRU WKH VWDWH UXQ DQG SULYDWH EDQNV 7KH SXEOLF VKRXOG DOVR EH HGX cated regarding the ben H¿WV RI WKH V\VWHP 7KHVH WKUHH SDUWLHV QHHG WR FRRU GLQDWH ´ KH VDLG 7KHUH DUH FXUUHQWO\ SULYDWH DQG VWDWH UXQ EDQNV RSHUDWLQJ LQ 0\DQ PDU

May Soe San

A

From page 4... 3UHVLGHQW 8 7KHLQ 6HLQ KDV LQVWUXFWHG XQLRQ DQG GHSXW\ PLQLVWHUV WR LPSURYH telecommunication and LQWHUQHW VHUYLFHV WR D OHYHO ZKHUH WKH\ FDQ VWLPXODWH WKH FRPPHUFLDO QHHGV RI WKH public and to apply a func WLRQDO H JRYHUQPHQW V\VWHP E\ LPSOHPHQWLQJ PRQWK SURMHFWV DW HYHU\ PLQLVWU\ ³:KDWœV KLQGHULQJ WKH SURFHVV LV WKDW JRYHUQPHQW DXWKRULWLHV DUH WKLQNLQJ FRQYHQWLRQDOO\ $QG LWœV QRW RQO\ WKHP 7KLV LV DOVR WKH FDVH ZLWK VRPH EXVL QHVV H[SHUWV ´ VDLG 8 =DZ 7KXUHLQ 7XQ RI 0&3$ $V PRELOH SKRQH XV DJH LQ 0\DQPDU LQFUHDVHV ZLWK RQOLQH SD\PHQW V\V WHPV H[SHFWHG WR EHFRPH

Myanmar Summary Noor Khamis/Reuters

V 0\DQPDU EDQNV UDPS XS H̆RUWV to adopt mobile banking, it could take up WR WZR \HDUV WR IXOO\ LP SOHPHQW WKH V\VWHP DV LW UHTXLUHV VXSHULRU WHFK nology and large mobile FDUULHUV 'U $XQJ 7KXUD &(2 RI ORFDO UHVHDUFK DQG FRQVXOWDQF\ ÂżUP 7KXUD 6ZLVV VDLG “Technology and mobile FDUULHUV SOD\ DQ LPSRUWDQW UROH LQ D VXFFHVVIXO PRELOH EDQNLQJ V\VWHP :H ZLOO KDYH WR ZDLW DQG VHH IRU a year or two given that Ooredoo and Telenor are MXVW EHJLQQLQJ WR RSHUDWH DQG 037 LV JHDULQJ XS WR LQFUHDVH LWV FRPSHWLWLYH QHVV 'U $XQJ 7KXUD WROG Myanmar Business Today. The implementation RI PRELOH EDQNLQJ VHU YLFHV FDQ KHOS 0\DQPDU VWUHDPOLQH WKH ÂżQDQFLDO VHUYLFHV VHFWRU E\ DOORZ LQJ FXVWRPHUV DFFHVV WR VHUYLFHV ZLWKRXW KDYLQJ to go to a branch loca WLRQ 7KH HVWDEOLVKPHQW RI EUDQFKHV DURXQG WKH country, in particular in UXUDO DUHDV KDV EHHQ D ORQJ WLPH LVVXH IRU ORFDO EDQNV “When mobile banking LV SURSHUO\ DSSOLHG \RX won’t need bank branch HV ´ 'U $XQJ 7KXUD VDLG )RXU ORFDO EDQNV Âą &R RSHUDWLYH %DQN )LUVW 3UL vate Bank, Innwa Bank DQG 0\DZDGG\ %DQN Âą VR

far have been allowed to operate mobile banking VHUYLFHV LQFOXGLQJ UHPLW WDQFHV WKURXJK PRELOH SKRQHV :KLOH RWKHU EDQNV KDYH applied for the operation SHUPLWV WKH\ DUH IDFLQJ DSSURYDO GHOD\V EHFDXVH they cannot meet the PLQLPXP UHTXLUHPHQWV DFFRUGLQJ WR VRXUFHV DW WKH &HQWUDO %DQN ³2XU EDQN KDV QRW \HW VWDUWHG PRELOH EDQNLQJ :H KDYH VXEPLWWHG SUR FHGXUDO SURSRVDOV WR WKH Central Bank, including RXU SURFHGXUHV IRU WKH VHFXULW\ DVSHFWV RI WKH VHUYLFH ,W LV LPSRUWDQW WR SURWHFW RXU FOLHQWV IURP ORVVHV ´ VDLG 8 7KDXQJ Htike Kyaw, deputy gen eral manager of KBZ %DQN ZLGHO\ XVHG ZKHQ LPSOH PHQWHG WKH H JRYHUQPHQW V\VWHP LV H[SHFWHG WR GUDV tically reduce the amount RI WLPH LW WDNHV WKH SXEOLF to engage with government GHSDUWPHQWV From page 4...

XmerS od&onf/ AD'D,dkuGefz&efY usif ; yjcif ; tm;jzif h Xmersm ;rS t&m&Sdrsm;rSm rdrw d k½dY kH ;pdu k &f mae&m rS tjcm;ae&modkY oGm;a&mufp&m rvdkbJ rdrd½kH;rSyif tpnf;ta0; xdkifEdkifrnfjzpfonf/ vuf &S d taetxm; rsm ; t & e-Government azmfaqmif&ef vkyaf qmifro I nf vmrnfhajcmufv cefYMumvQif AD'D,dkuGefz&efYvkyf Ekdifonfhtqifhtxd a&mufrnf jzpfaMumif; cefYrSef;xm;onf/

The Central Bank Law DQG (OHFWURQLF 7UDQVDF tion Law, which aim to VDIHJXDUG FOLHQWV IURP LQ FXUULQJ ORVVHV ZKHQ XVLQJ WKH V\VWHP KDYH UHFHQWO\ been enacted, U Than Maung, a legal expert,

told Myanmar Business Today. Âł7KHUH PD\ EH HUURUV GXULQJ WKH WULDO SHULRG VR RQH QHHGV WR EH FDXWLRXV DERXW SRVVLEOH VFDPV 7KH UHVW RI WKH ZRUOG XVHV PR ELOH EDQNLQJ VR WKH V\V

jrefrmEdkifiHwGifaiGaMu;qdkif&m vkyfief;rsm;ydkrdkvG,fulvsifjref vmap&ef Mobile Banking pepftm; pwiftaumiftxnf azmfaqmif&Guf&ef pDpOfaeaomf vnf; ,if;pepfwGif tqifhjrifh Mobile enf;ynmESifh Mobile Operator rsm;jzifh aqmif&GufrS omatmifjrifEikd rf nfjzpfN yD; tenf; qHk;ESpfESpfeD;yg;cefY tcsdef,l&OD; rnfjzpfaMumif; Thura Swiss

rS a'gufwmatmifol&u ajym onf/ vuf&Sd jrefrmEdik if t H aejzif h ae&m a'otESHUbPfcGJrsm; zGifhvSpfEdkif jcif;rSm rvG,fulao;aMumif; Mobile Banking pepftaumif txnfazmfEikd yf gu bPfcrJG sm;pGm zGifhvSpf&efrvdkbJ tusKd;rsm;pGm 6G(GNLID0XPLI }LI X DM\PRQI ]] Mobile Banking vkyfr,f qdk&if enf;ynm&SdrS Mobile Operator awG&SdrS atmifjrifEkdif r,f/vmr,fhwpfEpS f? ESpEf pS af vmuf apmifh&OD;r,f/ tckqdk&if tl&D'l;? w,fvDaem? MPT wdkY vmae wmawGU&w,f/ 'gayrJh Mobile Banking udk toHk;cswwfr,f qdk&if bPfcGJawG rvdkawmhbl;}} [k Thura Swiss rS a'gufwm atmifol&u ajymonf/ rdkbdkif;zkef;rSwpfqifh aiGvTJEdkif onfhpepftm; vuf&SdwGif or 0g,rbPfvrD w d uf? tif;0bPf ? yxryk * ž v d u bPf ES i f h jr0wD bPf wdkY udk vk y f u d k i f c G i fh jyKxm; aMumif; od&onf/

LOCAL BIZ

10 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Most Exports Dip in VDB Loi Boosts Myanmar Credentials with Heineken Licence First Four Months of 2014-15FY

May Soe San

L

Kyaw Min

M

VDB Loi

RVW H[SRUWV RI Myanmar de FOLQHG LQ WKH ÂżUVW IRXU PRQWKV $SULO -XO\ RI WKH FXUUHQW ÂżVFDO \HDU DFFRUGLQJ WR WKH ODWHVW ÂżJXUHV RI WKH 0LQ LVWU\ RI &RPPHUFH 0\DQPDUÂśV DJULFXO WXUDO DQG ÂżVKHU\ H[SRUWV dropped 7 percent and SHUFHQW UHVSHFWLYHO\ WR PLOOLRQ DQG million during the period, GDWD VKRZV 7KH IRUHVWU\ VHFWRU ZDV WKH ZRUVW KLW DV LWV H[SRUWV LQ WKH IRXU PRQWKV RI

15 earned only $17 million, GRZQ SHUFHQW 0LQHUDO DQG ÂżQLVKHG SURGXFWVÂś H[SRUWV ZHQW XS E\ SHUFHQW DQG SHUFHQW UHVSHFWLYHO\ WR PLOOLRQ DQG ELOOLRQ GXULQJ WKH SHULRG 7KH ÂżJXUHV DOVR VKRZHG WKDW ERWK WRWDO H[SRUWV DQG LPSRUWV LQFUHDVHG in the period, racking up PLOOLRQ DQG ELO OLRQ UHVSHFWLYHO\ ([SRUWV IURP ERUGHU WUDGH URVH E\ SHUFHQW WR PLOOLRQ GXULQJ WKH SHULRG ZLWK LPSRUWV from the border trade VWDQGLQJ DW PLOOLRQ

9'% /RLɗV RI˃FH LQ 1D\ 3\L 7DZ

³, WKLQN LW JRHV WR VKRZ that if you get engaged HQRXJK WR DVVHVV ZKDW WKH JRYHUQPHQWœV SROLF\ SULRULWLHV UHDOO\ DUH SDVW WKH VXUIDFH \RX PD\ EH able to put together a way IRUZDUG WKDW DFWXDOO\ GRHV JHW \RX D ¾\HVœ´ Jean Loi, VDB Loi man aging partner who over VDZ WKH WHDP WKDW GUDIWHG WKH ZLQQLQJ 0,& SURSRV DO VDLG ³*HWWLQJ D WRWDOO\ new kind of MIC Permit WKURXJK RQH WKDW KDV never been done before, WDNHV KHDUW DQG VRXO 6R I think you only win one OLNH WKLV RQ SXUH SDVVLRQ IRU WKH ORYH RI ZLQQLQJ´ 7KH IRUHLJQ RZQHG 0\ DQPDU OHJDO DGYLVRU\ ¿UP 9'% /RL FODLPV WR EH D OHDGHU LQ IRUHLJQ LQYHVW ment and corporate M&A,

HQHUJ\ DQG LQIUDVWUXF WXUH UHVRXUFHV UHDO HV tate, manufacturing and FRQVXPHU 6RPH RI WKH ¿UPœV PD MRU SURMHFWV LQFOXGH 2RUH GRRœV PXOWLELOOLRQ GROODU WHOHFRP LQYHVWPHQW WKH Thilawa Special Econom LF =RQH ZKHUH WKH ¿UP DGYLVHV WKH -DSDQHVH JRY HUQPHQW WKH SULYDWLVD WLRQ RI WKUHH VWDWH RZQHG HQWHUSULVHV IRU WKH 0\DQ PDU JRYHUQPHQW DQG DV VLVWDQFH WR WKUHH RI WKH RLO DQG JDV VXSHUPDMRUV 9'% /RL DOVR KDV ṘFHV LQ &DPERGLD ,QGRQHVLD /DRV 9LHWQDP DQG D OLDL VRQ ṘFH LQ 6LQJDSRUH 7KH ¿UP SUHVHQWO\ FRP SULVHV HLJKW SDUWQHUV EXW ERWK IRXQGLQJ SDUWQHUV DUH IXOO WLPH UHVLGHQW LQ 0\DQPDU

Myanmar Summary

[efeu D ,fb, D muydik q f ikd o f nfh tm&S-ypdzw d t f azsm, f rumvkyif ef; RQI MUHIUP(GNLIL+Z*LI }LI ZGN<? xkwfukeftcsKdUtm; xkwfvkyfcGifh ESifh jzefYcsdrI&&SdcJhonf[k jynfwGif; Oya'ES i f h p D ; yG m ;a&;tBuH a y; vkyfief; VDB u ajymcJhonf/ tqdkygcGifhjyKcsuftm; jrefrm EdkifiHwGif &if;EDS;jr§KyfESHrIrsm;udk uGyfuJxdef;n§day;aeonfh jrefrm EdkifiH&if;ESD;jr§KyfESHrIaumfr&Sifu F*LIKM\.D\ F-KMFLI M]SI1\' }LI WDH jzifh jynfyukrĂœPDwpfcktm; vkyf ief;vkyu f ikd cf iG chf sxm;ay;jcif;onf yxrqH k ; tBudrf j zpf a Mumif ; vnf; od&onf/ jynfyukrP Ăœ Dr sm; twGuf jzefYjzL;a&;vkyfief;rsm; onf jrefrmEdik if w H iG f rMumao;rD u zGifhvSpfcJhaomaps;uGufwGif wif;MuyfpmG uefo Y wfxm;onf/

U Aung/Xinhua

RFDO ODZ DQG DGYLVR U\ ÂżUP 9'% /RL VDLG LW DVVLVWHG +HLQHNHQ DQG WKH +HLQHNHQ RZQHG $VLD 3DFLÂżF %UHZHU\ ZLWK VHFXULQJ D SHUPLW IRU WKH QDWLRQZLGH GLVWULEXWLRQ RI FHUWDLQ SURGXFWV 7KH SHUPLW ZDV LVVXHG E\ WKH LQYHVWPHQW UHJXOD tor in Myanmar, the My DQPDU ,QYHVWPHQW &RP PLVVLRQ DQG SRVWHG RQ LWV ZHEVLWH 7KLV LV WKH ÂżUVW WLPH WKDW WKH 0,& OLFHQVHG D IRUHLJQ owned company to under WDNH GLVWULEXWLRQ DFWLYLWLHV LQ 0\DQPDU 'LVWULEXWLRQ LV VWLOO WLJKWO\ UHVWULFWHG IRU IRU HLJQ FRPSDQLHV LQ WKH RWKHUZLVH QHZO\ RSHQHG PDUNHW 7KH ULJKW WR GLV WULEXWH SURGXFWV LQ 0\DQ PDU LV KLJKO\ VRXJKW DIWHU E\ FRQVXPHU EUDQGV FDU GLVWULEXWRUV DQG VXSSOLHUV RI HTXLSPHQW DQG PDWHUL DOV 7KH ÂżUPÂśV OHJDO SDUWQHU in charge of Myanmar who led the legal team WKDW VHFXUHG WKH 0,& permit, Edwin Vander EUXJJHQ VDLG Âł,WÂśV QLFH WR PDNH D OLWWOH ELW RI KLVWRU\ 7KLV KDV QHYHU EHHQ GRQH before, and the client had been told that it would EH LPSRVVLEOH IRU \HDUV WR FRPH ,Q 'XWFK ZH VD\ ÂľQHH KHE MH HQ MD NXQ MH NULMJHQÂś 7KDW PHDQV VRPHWKLQJ OLNH ÂłVLQFH \RX already have a ‘no’, why QRW WU\ IRU D Âľ\HVÂś DV WKHUH LV QRWKLQJ WR ORVH"

Containers at Hteedan port in Yangon.

Myanmar Summary

,ckb@ma&;ESpf(2014-2015) yxrav;vwmumvtwG i f ; jrefrmEdkifiH\ ydkYukefwifydkYrIonf usqif;cJhaMumif; pD;yGm;a&;ESifh ul;oef;a&mif;0,fa&;0efB uD;Xme u owif;xkwjf yefco hJ nf/ jrefrm EdkifiH\ v,f,mpdkufysKd;a&;ESifh a&xGufukefypĂśnf;wifydkYrIonf ckepf&mcdkifEIef;ESifh 30 'or 7

&mcdkifEIef;toD;oD;usqif;cJhNyD; tar&duefa':vm 835 oef;rS 126 oef;txd usqif;cJhonf[k pm&if;Z,m;rsm;t& od&onf/ xdkYjyif opfawmxGufypĂśnf; wifydkYrIonfvnf; tqdk;0g;qHk; xdcdkufcJhNyD; 2014-2015 b@m a&;ESpf av;vwmumvtwGif; tar&duefa':vm 17 oef;om &&SdcJhNyD; 91 'or 4 &mcdkifEIef; usqif;cJhaMumif; od&onf/

LOCAL BIZ

11 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Summit Highlights Gaps in Myanmar’s Green Energy Potential Jacob Goldberg

D

Reuters

HOHJDWHV IURP HQ HUJ\ FRPSDQLHV DQG UHVHDUFK LQVWL WXWLRQV DURXQG WKH ZRUOG convened at the Myan mar Green Energy Sum mit in Yangon recently WR H[SORUH WKH SURVSHFW RI VROYLQJ WKH SUREOHP RI 0\DQPDUœV OLPLWHG HOHF WULFLW\ DFFHVV WKURXJK WKH XVH RI JUHHQ HQHUJ\ WHFK QRORJLHV ³0\DQPDU LV D UH VRXUFH ULFK FRXQWU\ ZLWK LPPHQVH GHYHORSPHQW SRWHQWLDO ,W LV ORFDWHG EHWZHHQ WZR PHJD FRXQ WULHV ,QGLD DQG &KLQD 0RVW RI 0\DQPDU LV LQ JUHHQ¿HOG FRQGLWLRQ DQG the central [electricity] JULG ZLOO QRW VSUHDG WR UH PRWH DUHDV IRU DW OHDVW WHQ \HDUV 6R JUHHQ HQHUJ\ LV WKH EHVW ZD\ IRUZDUG ´ VDLG 'U $EGXO $]L] 6$ Kadir, chairman of Con fexhub Group, which or JDQLVHG WKH VXPPLW .DGLU DOVR VWUHVVHG WR the audience that green HQHUJ\ FRXOG EH D VWUDWH JLF GULYHU RI VXVWDLQDEOH growth in Myanmar, help FXW FDUERQ HPLVVLRQV DQG reduce poverty among 0\DQPDUœV SHRSOH 0DQ\ RI WKH VSHDNHUV H[SUHVVHG WKHLU RSWLPLVP about the idea of placing green energy at the center RI D QDWLRQDO VWUDWHJ\ WR EURDGHQ HOHFWULFLW\ DFFHVV DFURVV 0\DQPDUœV SRSX ODWLRQ ³:H SRVVHVV D ODWHFRP HUœV DGYDQWDJH :H KDYH WR DYRLG RWKHUVœ PLVWDNHV and learn from their fail XUHV ´ VDLG 0DXQJ 0DXQJ +OD\ YLFH SUHVLGHQW RI 80)&&, +H VDLG H[SDQGLQJ DF FHVV WR HOHFWULFLW\ ZRXOG alleviate poverty, create MREV DQG KHOS DVVLPLODWH Myanmar into the ASEAN HFRQRPLF FRPPXQLW\ U Aung Khaing, chair man of the Yangon Elec tricity Supply Board <(6% VDLG WKDW RQO\ SHUFHQW RI 0\DQPDUœV WR tal population currently KDV DFFHVV WR HOHFWULFLW\ EXW WKH JRYHUQPHQW KDV SOHGJHG WR LQFUHDVH DFFHVV WR SHUFHQW E\ 7KLV KH VDLG ZRXOG EH DQ DFKLHYDEOH JRDO VLQFH demand by local and in WHUQDWLRQDO LQYHVWRUV IRU

HOHFWULFLW\ KDV JURZQ E\ SHUFHQW VLQFH :KLOH WKHVH VSHDNHUV hoped to generate excite PHQW E\ GLVFXVVLQJ 0\ DQPDUœV JURZLQJ GHPDQG for electric power, other VSHDNHUV FRPSOLFDWHG WKH FRQYHUVDWLRQ ZKHQ WKH\ DGGUHVVHG WKH LVVXH RI VXSSO\ Gauri Singh, a director for the International Re newable Energy Agency ,5(1$ VDLG DOWKRXJK the Myanmar government KDV SOHGJHG WR GHULYH SHUFHQW RI LWV HOHFWULF LW\ IURP UHQHZDEOH VRXUF HV E\ WKHUH DUH VWLOO VLJQL¿FDQW DGPLQLVWUDWLYH EDUULHUV WR DFKLHYLQJ WKLV JRDO ³0\DQPDU PXVW GH YHORS D VWDEOH SROLF\ HQ YLURQPHQW )UHTXHQW DG MXVWPHQWV RI UHQHZDEOH HQHUJ\ VXSSRUW VFKHPHV SUHYHQW LQYHVWRU DSSH WLWH ´ ³0\DQPDU DOVR QHHGV WUDQVSDUHQW DGPLQLVWUD WLYH SURFHGXUHV ´ VKH DGGHG 0XFK RI WKH VXPPLW ZDV dedicated to explaining KRZ UHQHZDEOH HQHUJ\ LV JHQHUDWHG LQ RWKHU SDUWV RI WKH ZRUOG DQG VSHDN HUV GLG WKHLU EHVW WR PDNH WKRVH VWRULHV UHOHYDQW WR WKH FRQWH[W RI 0\DQPDU 7KH RIW UHSHDWHG PHVVDJH RI WKHVH OHFWXUHV ZDV WKDW 0\DQPDU VWLOO KDV D ORQJ ZD\ WR JR ³$VLD KDV SHUFHQW RI DOO WKH GDPV DQG UHVHU YRLUV LQ WKH ZRUOG ´ VDLG 0LFKHO 'H 9LYR VHFUH tary general of the Inter national Committee for /DUJH 'DPV ,&2/' ³0\DQPDU KDV H[ LVWLQJ ODUJH GDPV DQG D

hydropower potential of PHJDZDWWV %XW OHVV WKDQ SHUFHQW RI WKH LQIUDVWUXFWXUH QHFHVVDU\ WR KDUQHVV WKLV HQHUJ\ LV EXLOW WRGD\ ´ 'H 9LYR VDLG +RZHYHU WKH VXPPLW GLG QRW LJQRUH 0\DQPDUÂśV IHZ VXFFHVV VWRULHV LQ WKH ÂżHOG RI HOHFWULÂżFDWLRQ 8 Soe Moe, an executive en gineer for YESB, recount HG WKH VXFFHVV RI D UXUDO HOHFWULÂżFDWLRQ DQG LUULJD tion project in Twante WRZQVKLS ZKLFK KDV UH GXFHG HOHFWULFLW\ ORVV LQ WKH DUHD IURP SHUFHQW to 11 percent by upgrad LQJ WUDQVPLVVLRQ OLQHV +H DOVR VDLG D SLORW SURMHFW LQ +ODLQJ 7RZQVKLS KDV UHGXFHG ORVV IURP SHU FHQW WR SHUFHQW 6RPH VSHDNHUV QRWHG that while upgrading WUDQVPLVVLRQ OLQHV LV D JRRG VROXWLRQ IRU DUHDV FRQQHFWHG WR 0\DQPDUÂśV central grid, much of the FRXQWU\ OLYHV LQ R̆ JULG YLOODJHV DQG FRQVWUXFW LQJ WUDQVPLVVLRQ OLQHV WR reach them would be both FRVWO\ DQG VORZ 6R HYHQ ZKHQ 0\DQPDUÂśV HOHFWULF LW\ JHQHUDWLRQ SUREOHPV DUH UHVROYHG WKHUH ZLOO VWLOO EH ODUJH JDSV LQ SRZ HU GLVWULEXWLRQ 2QH SRSXODU UHVSRQVH WR WKH TXHVWLRQ RI GLVWUL EXWLRQ ZDV WKH RSWLRQ RI LQVWDOOLQJ R̆ JULG VRODU SKRWRYROWDLF SDQHOV WR SRZHU LQGLYLGXDO KRPHV 7KHVH R̆HU D VDIH DOWHU QDWLYH WR NHURVHQH ODPSV DQG FDQ LQFUHDVH UXUDO productivity by extending ZRUN KRXUV EH\RQG VXQ GRZQ Âł2̆ JULG VRODU 39 SDQ HOV FDQ SD\ WKHPVHOYHV R̆ LQ ÂżYH RU VL[ \HDUV DQG FDQ

R̆HU VL[WHHQ WR VHYHQWHHQ \HDUV RI IUHH HOHFWULFLW\ ´ VDLG (YDQ 6FDQGOLQJ WKH 6RXWKHDVW $VLD UHJLRQDO director for Sunlabob Re QHZDEOH (QHUJ\ Âł7KHVH SDQHOV FDQ DOVR EH ÂżQDQFHG E\ SDUWQHULQJ ZLWK WKH SULYDWH VHFWRU Ninety percent of renew DEOH HQHUJ\ LQYHVWPHQW LV IURP WKH SULYDWH VHFWRU ´ KH VDLG

$WHP 5DPVXQGHUVLQJK CEO of WEnergy Global 3WH /WG DOVR FKDPSLRQHG the idea of powering My DQPDU HVSHFLDOO\ LWV UXUDO FRPPXQLWLHV WKURXJK SULYDWH VHFWRU LQYHVWPHQW ³:H QHHG VPDOO K\GUR QRW ELJ :H QHHG PLFUR JULGV /HW ORFDO EXVLQHVVHV WKULYH 7KHUHœV QR QHHG IRU KXJH GDPV DQG WUDQV PLVVLRQ OLQHV ´ KH VDLG 5DPVXQGHUVLQJK DOVR

advocated for rapid con VWUXFWLRQ RI HQHUJ\ LQ IUDVWUXFWXUH HYHQ WR WKH H[WHQW RI E\SDVVLQJ JRY HUQPHQW UHJXODWLRQV “Don’t wait for the con VXOWDQWV WR FRPH 7KHUHÂśV no need to wait to change WKH ODZ ,I ZH DOO WKLQN LWÂśV LPSRVVLEOH QRWKLQJ ZLOO KDSSHQ :RUN WRJHWKHU RQ SURMHFWV QRW RQ SDJH ORQJ GRFXPHQWV ´

Myanmar Summary

nDvmcHudkpDpOfusif;yol Confexhub tkyfpkrS OuĂş| Dr

Edik if w H umrSprG ;f tifurk P Ăœ rD sm; ES i f h o k a woetzG J U tpnf ; rsm; onfMo*kwfv 5–6 wGif&efukef Ăźusif;yaomjrefrmtpdrf;a&mif pGrf;tifnDvmcHodkUwufa&mufcJh MuNyD;jrefrmEdkifiH\ vQyfppf"gwf tm;&&SdrIenf;yg;jcif;udktpdrf; a&mifpGrf;tifenf;ynmrsm;jzifh ajz&S i f ; &ef t vm;tvmrsm;ud k aqG;aEG;cJhMuonf/ jref r mEd k i f i H r S m t&if ; tjrpf <u,f0Ă­zGHUNzdK;rItvm;tvmjrifh rm;vSaMumif;ESifhjrefrmEdkifiH\ a'otrsm;pkrmS tpdr;f a&mifxw k f vkyfEdkifonfhtajctaewGif&Sdae aMumif;ESifhA[dk"mwftm;vdkif; rSm a0;vHacgifzsm;a'orsm;odkU tenf ; qH k ; q,f E S p f t wG i f ; a&muf&Sdrnfr[kwfaomaMumifh tpd r f ; a&mif p G r f ; tif r S m t aumif;qHk; enf;vrf;jzpfaMumif;

Abdul

Aziz

SA

Kadiu

ajymMum;onf/ &efukefvQyfppf"mwftm;jzefY jzL;a&;bkwftzGJU(YESB) OuúX OD ; atmif c if u jref r mEd k i f i H p k p k aygif;vlOD;a&\ 31 &mcdkifEIef; omvQyfppf"mwftm;&&SdNyD;tpdk; &taejzifh 2015 wGif 50 &mckdif EIef;txdwdk;jr§ifhjznfhqnf;ay; Edkif &ef uwdjyKaqmif&Gufvsuf &SdaMumif; ajymMum;onf/ jrefrmtpdk;&taejzifhpkpkaygif; pGrf;tif 15 rS 20 &mckdifEIef;udk tpdrf;a&mifjyefjynfhNrJpGrf;tif t&if;tjrpfrsm;rS&,lrnf[kqdk xm;aomfvnf;xdk&nfrSef;csuf jynfhrD&eftkyfcsKyfpDrHcefUcGJrIqdkif &mtwm;tqD ; rsm;od o d o m omydwfqdkUaeaMuif; EdkifiHwum jyef j ynf h N rJ p G r f ; tif a t*sif p D od&onf/

LOCAL BIZ

12

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Gov’t Forms Anti-Money Laundering Central Board Zwe Wai

T

Aye Myat

T

KH DXWKRULWLHV DUH building a new cen tral economic zone LQ 0XVH D ERUGHU WRZQ LQ QRUWKHUQ 6KDQ VWDWH OLQN LQJ &KLQDœV 5XLOL RI <XQQDQ SURYLQFH WR ERRVW ERUGHU WUDGH DW WKH PRVW LPSRU WDQW FURVVLQJ EHWZHHQ WKH WZR FRXQWULHV DFFRUGLQJ WR D SURMHFW ṘFLDO 7KH QHZ 0XVH &HQWUDO (FRQRPLF =RQH EHLQJ HV WDEOLVKHG RQ RYHU KHF WDUHV RI ODQG DW D FRVW RI PLOOLRQ FRPSULVHV HVWDWHV LQFOXGLQJ MDGH

WUDGLQJ IDFLOLWLHV PDUNHWV VKRSV KRWHOV UHVWDXUDQWV DQG KRXVLQJ FRPSOH[HV VDLG WKH ṘFLDO 7KH SODQ IRU WKH 0XVH FHQWUDO HFRQRPLF ]RQH ZDV approved by local authori WLHV LQ HDUO\ DQG LW ZDV targeted to be completed in 0\DQPDUœV ERUGHU WUDGH ZLWK &KLQD LV EHLQJ PDLQO\ GRQH WKURXJK 0XVH /ZH MH &KLQVKZHKDZ DQG .DQ 3LWH 7HH 0XVH VWDQGV DV WKH KLJK HVW ERUGHU WUDGH WUDQVDF tion point between Myan mar and China, reaching

RYHU ELOOLRQ LQ WKH ¿VFDO \HDU DFFRXQWLQJ for over 60 percent of My DQPDUœV WRWDO ERUGHU WUDGH $FFRUGLQJ WR ṘFLDO VWD WLVWLFV &KLQD 0\DQPDU ELODWHUDO WUDGH ZDV billion in 2013, accounting IRU SHUFHQW RI 0\DQ PDUœV WRWDO IRUHLJQ WUDGH ZKLFK ZDV ELOOLRQ WKDW \HDU &KLQDœV LQYHVWPHQW LQ 0\ DQPDU UHDFKHG ELO OLRQ LQ SURMHFWV DV RI -XQH DFFRXQWLQJ IRU SHUFHQW of the total and ranking it ¿UVW LQ 0\DQPDUœV IRUHLJQ LQYHVWPHQW OLQH XS

Myanmar Summary

Myanmar Summary

jrefrmtpdk;&onf aiGaMu;cGmcsrI wdkufzsufa&;twGuf A[dktzGJU tpnf;wpfckudk zGJUpnf;cJhaMumif; jynfxaJ &;0efBuD;XmerS od&onf/ tqdkygaiGaMu;cGmcsrIwdkufz suf a&;A[dktzGJUtm; tzGJU0if 15 OD; jzif h zUJG pnf;xm;NyD; jynfxaJ &;0efBuD; Xme ESifh 0efBuD;u OuĂş| tjzpf aqmif&GufNyD; &JcsKyfutwGif; a&;rSL ;tjzpfwm0ef,lcJh aMumif; od&onf/ tqdkygtzGJUonfaiGaMu;c0g cs rIwdkufzsufa&;ESihf tMurf;zuf tzGUJ tpnf;rsm;udk b@ma&;t& ulnDaxmufyHhjcif;rsm;udk wkduf zsurf nfrh 0l g'wpfcak zmfaqmif&ef vkyfaqmifaeaMumif; od&onf/

John Meckley/Flickr

KH JRYHUQPHQW KDV formed a central board in a bid to combat money laundering, DFFRUGLQJ WR WKH 0LQLVWU\ RI +RPH $̆DLUV 7KH $QWL 0RQH\ /DXQ GHULQJ &HQWUDO %RDUG ZDV VHW XS ZLWK PHPEHUV DQG FKDLUHG E\ WKH PLQLV WHU IRU KRPH D̆DLUV ZLWK WKH FKLHI RI 3ROLFH )RUFH DV WKH VHFUHWDU\ 7KH FHQWUDO ERG\ LV WDVNHG WR IRUPXODWH SROLFLHV RQ DQ WL PRQH\ ODXQGHULQJ DQG FRPEDWLQJ ¿QDQFLDO VXS SRUW IRU WHUURULVP The central board will cooperate with more in ternational and regional RUJDQLVDWLRQV DQG QHLJK ERXULQJ FRXQWULHV LQ ¿JKW DJDLQVW PRQH\ ODXQGHULQJ exchanging information on ¿QDQFLDO LQWHOOLJHQFH UHODW ing to money laundering, ṘFLDOV VDLG Myanmar enacted the QHZ $QWL 0RQH\ /DXQGHU LQJ /DZ LQ 0DUFK WKLV \HDU According to earlier re SRUWV 0\DQPDU KDV VR IDU cooperated with Thailand, ,QGRQHVLD DQG $XVWUDOLD LQ

combating money launder LQJ DQG ¿QDQFLDO WHUURULVP /DVW ZHHN 0LQLVWU\ RI Planning and the United 1DWLRQV 2̇FHV RQ 'UXJ and Crime (UNODC) VLJQHG WKH LQWHJUDWHG Country Programme for DJUHHLQJ WR FRO ODERUDWH RQ LQYHVWLJDWLQJ money laundering, which ZLOO DOVR LQFOXGH WUDQVQD WLRQDO FULPHV QDUFRWLFV KXPDQ WUḊFNLQJ DQG LOOH JDO WLPEHU H[WUDFWLRQ

Myanmar Sets Up $51-m Economic Zone in Muse

The border gate between Muse and Ruili, China.

jref r mtmPmyd k i f r sm;onf w½kwfEdkifiH ,leefa'o&Sd ,l&DNrdKU ESifhqufoG,f&eftwGuf &Srf;jynf e,fta&SUajrmufydkif; rlq,fNrdKU wGif A[dkpD;yGm;Zkefwpfckudk wnf aqmufv suf&SdaMumif; od&NyD; ESpfEdkifiHtMum; ukefoG,frIydkrdk jr§ ifh w if & ef t wG u f j zpf o nf [k tmPmydkifr sm;uajymMum;cJo h nf/ tqdkygrlq,fA[dkpD;yGm;a&;Zkef onf ajr{&d,m 120 [ufwm ay:wGif wnfaqmufaejcif;jzpf NyD; pkpkaygif;ukefusp&dwf tar &duefa':vm 51 'or 54 oef; ukeu f srnfjzpfum tdr&f m 18ck? ausmufpdrf;a&mif;0,frIpcef;? aps;qd ki f r sm;? [d k w ,f ES i fh pm; aomufqdkifrsm; yg0ifrnf[k od& onf/,if;pDrHudef;tm; tmPm ydkifrsm;u 2013 ckESpfuwnf;u pwifwnfaqmuf&ef pDpOfcJhjcif; jzpfNyD; 2017 ckESpfwGif NyD;qHk; rnf[k o&d onf/ jrefrmESifhw½kwf e,fpyfukefoG,fa&;onf t"du tm;jzifh rlq,f? vG,f*s,f? csif; a&Ta[mfESifh uefydkufwD;wdkYrSwpf qifh ukef oG,frIr sm;jyKvkyfvsuf&Sd onf/ rlq,fonf vuf&Sdtcsdef wGif e,fpyfukefoG,fa&;u@ß ukeo f , G rf yI rmPtjrifq h kH;tjzpf &yf w nf v suf &Sd N yD ; vG e f c J h onf h b@ma&;ESpfu pkpkaygif;ukef oG,rf yI rmPtar&duefa':vm oHk;bDvD,Hausmf&&Sdcho J nf/

Thailand, Myanmar Strike MICE Deal Aung Phyo

T

ipim.gov.mo

Reuters

he Thailand Con vention and Exhibi tion Bureau (TCEB) MRLQHG KDQGV ZLWK 0\ DQPDUœV DSH[ WUDGH ERG\ WR KROG WUDGH VKRZV DQG HYHQWV LQ ERWK FRXQWULHV 7&(% ZKLFK LV WKH 7KDL JRYHUQPHQWœV ṘFLDO ERG\ IRU WKH PHHWLQJV LQFHQWLYHV FRQYHQWLRQV DQG H[KLELWLRQV 0,&( VHFWRU DQG WKH 8QLRQ RI Myanmar Federation of &KDPEHUV RI &RPPHUFH DQG ,QGXVWU\ 80)&&, UHFHQWO\ VLJQHG D GHDO WR improve and expand their 0,&( LQGXVWULHV ³7&(% LV D ODUJH RUJDQL VDWLRQ DQG KDV DGYDQFHG NQRZOHGJH LQ WKLV DUHD WKDQ XV ,W LV RUJDQLVLQJ H[KLELWLRQV LQ PDQ\ FRXQ WULHV 7RJHWKHU ZH ZLOO FR operate to promote trade,�

In 2013, Thailand drew 1,013,502 meetings, incentives, conventions and exhibitions (MICE) visitors, with receipts totalling $2.94 billion. This year, TCEB expects 888,210 international MICE visitors, generating $2.90 billion.

0\R 7KHW YLFH SUHVLGHQW RI 80)&&, VDLG 0\DQPDU LV QRZ KROG LQJ WKUHH WR ÂżYH EXVLQHVV and commodity exhibi WLRQV D PRQWK EXW VKRUW DJHV RI SURSHU YHQXHV DUH hindering the full poten

WLDO KH DGGHG ³7&(%œV PLVVLRQ LV WR VXSSRUW FRQQHFWLRQV DQG OLQNDJHV WKURXJK PHHW LQJV LQFHQWLYHV FRQYHQ WLRQV DQG H[KLELWLRQV ´ VDLG 7&(% SUHVLGHQW 1RS SDUDW 0D\WKDYHHNXOFKDL

Âł7&(% ZLOO GR LWV EHVW to further improve and expand trade promotion DQG WKH 0,&( LQGXVWU\ LQ PDQ\ ZD\V ZKLFK LQ FOXGHV HQFRXUDJLQJ SXE OLF DQG SULYDWH VHFWRU GHO HJDWLRQV DQG PLVVLRQV WR

deepen engagement and expand collaboration in preparation for the AEC integration in 2015,â€? he VDLG %RWK VLGHV UHIHUUHG WR WKH GHDO DV D ÂłODQGPDUN SDUWQHUVKLS´ EHWZHHQ 7KDLODQG DQG 0\DQPDU In 2013, Thailand re ceived 7,101 Myanmar 0,&( YLVLWRUV JHQHUDWLQJ PRUH WKDQ PLOOLRQ LQWR 7KDL HFRQRP\ 7KH VDPH \HDU 7KDLODQG drew 1,013,502 MICE YLVLWRUV ZLWK UHFHLSWV WRWDOOLQJ ELOOLRQ 7KLV \HDU 7&(% H[SHFWV LQWHUQDWLRQDO 0,&( YLVLWRUV JHQHUDWLQJ ELOOLRQ 7KDLODQG LV 0\DQPDUÂśV VHFRQG ODUJHVW WUDGLQJ SDUWQHU Âą WUDGH UHDFKHG ELOOLRQ LQ XS 15 percent from the year EHIRUH

Myanmar Summary

xd k i f ; Ed k i f i H \ nD v mcH t pnf ; ta0;yGJr sm;ESifh ukefpnfjyyGJr sm; usif;ya&;AsL½dk TCEP tae jzifh jrefrmEdik if \ H wdk;wufa&muf&dS aeaomukefoG,frIvkyfief;rsm; teuf ukefpnfjyyGJtpDtpOfr sm; jyKvyk Ef idk &f efoabmwlncD ahJ Mumif; od&onf/ xdkif;tpdk;&ydkiftzGJUtpnf;jzpf onfh TCEP taejzifh jrefrm Edik if \ H tpnf;ta0;yGrJ sm;?nDvmcH rsm;?ukepf nfjyyGu J @rsm;wGif ydrk kd wd k ; wuf c sJ U xG i f Eikd f & ef twG uf UMFCCI ESihfoabmwlvufrw S f a&;xdk;rIukd rMumao;cifu jyKvyk f cJah Mumif; od&onf/TCEP onf BuD;rm;onft h zGUJ tpnf;jzpfonf ESit hf nD,ckuJhodkYyl;aygif;aqmif &Gufjcif;tm;jzifu h ek o f , G rf yI rkd jkd ri§ hf wifEikd v f rd rhf nf[k UMFCCI 'kwd,Ouú| OD;rsKd;ouf uajym cJhonf/

REGIONAL BIZ

13 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Bloomberg

Thai Economy Averts Recession as Outlook Improves After Coup

7KDLODQGÉ—V *'3 URVH SHUFHQW LQ WKH WKUHH PRQWKV WKURXJK -XQH IURP WKH SUHYLRXV TXDUWHU ZKHQ LW VKUDQN D UHYLVHG SHUFHQW WKH National Economic & Social Development Board said.

Suttinee Yuvejwattana

T

KDLODQGœV HFRQRP\ expanded more WKDQ HVWLPDWHG LQ WKH VHFRQG TXDUWHU DV OR cal demand recovered af ter a military coup ended PRQWKV RI SROLWLFDO XQUHVW *URVV GRPHVWLF SURG XFW URVH SHUFHQW LQ WKH WKUHH PRQWKV WKURXJK -XQH IURP WKH SUHYLRXV TXDUWHU ZKHQ LW VKUDQN D UHYLVHG SHUFHQW WKH 1D tional Economic & Social 'HYHORSPHQW %RDUG VDLG Junta leader Prayuth &KDQ 2FKD ZKR VHL]HG SRZHU RQ 0D\ KDV paid money due to rice IDUPHUV FDSSHG IXHO SULF HV DQG RXWOLQHG SODQV IRU D new government to revive FRQ¿GHQFH 7KHUH ZLOO EH D ³VWHDG\ HFRQRPLF UHFRY HU\´ LQ WKH VHFRQG KDOI RI WKH \HDU WKH VWDWH SODQ QLQJ DJHQF\ VDLG ZKLOH cutting the upper range RI LWV JURZWK IRUHFDVW IRU WR SHUFHQW ³6HFRQG TXDUWHU *'3 FRQ¿UPV WKH VWDELOLVD tion in economic activ LW\ ´ VDLG :HLZHQ 1J D 6LQJDSRUH EDVHG HFRQR PLVW DW $XVWUDOLD 1HZ Zealand Banking Group /WG $V WKH SROLWLFDO RXW

ORRN WXUQV FRQVWUXFWLYH “we expect the unlocking RI ÂżVFDO VSHQGLQJ WR PDQ LIHVW LWVHOI LQ D 9 VKDSHG recovery for Thailand in WKH VHFRQG KDOI ´ KH VDLG Export constraints 7KH VWDWH SODQQLQJ DJHQF\ VDLG LW IRUHFDVWV IXOO \HDU JURZWK DW WR 2 percent from a range RI SHUFHQW WR SHU FHQW SURMHFWHG LQ 0D\ The economy may expand SHUFHQW WR SHUFHQW LQ LW VDLG ,W FXW LWV H[SRUW JURZWK HVWLPDWH IRU WKLV \HDU WR SHUFHQW IURP SHUFHQW “Even though the econ omy will recover in the VHFRQG KDOI DQG JRYHUQ PHQW VSHQGLQJ ZLOO UHWXUQ WR QRUPDO H[SRUWV VWLOO IDFH FRQVWUDLQWV ´ $UNKRP 7HUPSLWWD\DSDLVLWK VHF UHWDU\ JHQHUDO RI WKH VWDWH planning agency, told a QHZV FRQIHUHQFH Âł3ULYDWH LQYHVWPHQW LV DOVR H[ SHFWHG WR UHFRYHU VORZO\ ´ 7KH DJHQF\ KDG VNLSSHG LWV SUHVV FRQIHUHQFH IRU *'3 GDWD WKH SUHYLRXV WZR TXDUWHUV EHFDXVH RI WKH XQUHVW 7KDL FRQVXPHU FRQÂż GHQFH URVH WR WKH KLJK HVW LQ PRQWKV LQ -XO\ GDWD HDUOLHU WKLV PRQWK

VKRZHG ([SRUWV FOLPEHG LQ -XQH IRU WKH ÂżUVW WLPH LQ IRXU PRQWKV Private consumption 3ULYDWH FRQVXPSWLRQ URVH SHUFHQW LQ WKH VHFRQG TXDUWHU IURP D year earlier, expanding IRU WKH ÂżUVW WLPH LQ IRXU TXDUWHUV ODVW ZHHNÂśV GDWD VKRZHG ([SRUWV VOLSSHG SHUFHQW ZKLOH LQYHVW PHQW IHOO SHUFHQW 3UD\XWK KDV VDLG 7KDL HOHFWLRQV FDQÂśW EH KHOG XQWLO ODWH DW WKH HDUOLHVW DQG could be delayed further if WKH VLWXDWLRQ LV GHHPHG XQ VWDEOH 7KH MXQWD KDV ZULW WHQ DQ LQWHULP FRQVWLWXWLRQ WKDW JLYHV LW DEVROXWH SRZHU and appointed a National /HJLVODWLYH $VVHPEO\ GRP LQDWHG E\ WKH PLOLWDU\ Bloomberg Myanmar Summary

xdkif;EdkifiHwGif EdkifiHa&; rNidrf oufrIudk ppfwyftmPmodrf;rI u &yfwefYcJhNyD;aemuf jynfwGif; 0,fvdktm;? oHk;pGJrIrsm; wufvm Ă­ 'kw, d oH;k vywftwGi;f pD;yGm; a&;rSm arQmfrSef;xm;onfxuf wdk;wufvmcJhonf[k od&onf/ ZGev f txd oH;k vtwGi;f GDP rSm NyD;cJhonfhESpftvm;wlumv xuf okn'or 9 &mcdkifEIef; wdk;wufvmcJhaMumif; trsKd;om;

pD;yGm;a&;ESifhvlrIa&;zGHUNzdK;rIbkwf tzGJUu qdkonf/ ar 22 wGif tmPmodrf;,lcJhaom ppfwyf\ acgif ; aqmif y &m,k c sef t d k c sm onf v,form;rsm;xH ta<u; rsm;udk ay;qyfjcif;? avmifpm qD a ps;rsm; xd e f ; csKyf j cif ; ES i f h tpdk;&opftwGuf tpDtpOfrsm; csrS w f j cif ; wdk Y aqmif & G u f c J h Ă­ ,H k M unf r I w d k ; wuf v mcJ h o nf / ,ckESpf'kwd,ydkif;wGif wnfNidrf aom pD;yGm;a&;em;vefxlrI&Sdvm rnf[k tpdk;&pDrHudef;at*sifpD u xkwfjyefcJhNyD; 2014 ckESpf twGuf pD;yGm;a&;zGHUNzdK;rIcefYrSef; csuftwdkif;twmwGif tjrifhqHk; cef Y r S e f ; csuf u d k rl ES p f & mcd k i f E I e f ; avQmhcscJhonf/ 'kwd,oHk;vywf GDP t& wdkif;jynf\pD;yGm;a&;wnfNidrfrI &Sv d mjcif;udk twnfjyKaeaMumif; pif u myl t ajcpd k u f pD ; yG m ;a&; ynm&Sif a00efaemifu ajym Mum;onf/pD;yGm;a&;zGUH NzKd ;rItwdik ;f twmudk 1 'or 5 rS 2 &mckdif EIef;Mum; ajymif;vJcefYrSef;xm; aMumif; tpdk;&pDrHudef;at*sifpD

u qdkxm;NyD; 2015 wGif pD;yGm; a&;rSm 3 'or 5 &mckdifEIef;rS 4 'or 5 &mckdifEIef; wdk;wuf rnf[k cefrY eS ;f aMumif; od&onf/ ,ckESpftwGif; jynfyydkYukefzGHUNzdK; rIudkrl ,cifcefYrSef;csuf 3 'or 7 &mckdifEIef;rSm 2 &mckdifEIef;odkU ajymif;vJcefYrSef;vdkufonf/yk*ž vdu&if;ESD;jrK§ yfESHrIrSmvnf; jznf; jznf ; csif ; wd k ; wuf v mrnf [ k arQmfrSef;&aMumif; tpdk;&pDrHudef; at*sif p D t wG i f ; a&;rS L ;csKyf tmh[Gefu qdkonf/ xdkif;EdkifiH\ pm;oHk;ol,HkMunfrIrSm Zlvdkifv twGi;f wGif 11 vtwGi;f tjrifh qHk;odkUa&muf&SdcJhNyD; wifydkUrIrsm; rSmvnf; av;vtwGif; yxr qH k ; tBud r f t jzpf ZG e f v wG i f jrifw h ufvmaMumif; od&onf/ 'kwd,oHk;vywftwGif; yk*žvdupm;oHk;rIrSm NyD;cJhonfh ESpftvm;wlumvuxuf okn 'or 2 &mcdik Ef eI ;f jrifw h uf cJ h N yD ; oH k ; vywf a v;ck t wG i f ; yxrqH;k tBurd f jyefvnfw;kd wuf vmjcif;jzpfonf/

REGIONAL BIZ

14 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Lee to Add Funding Options for Singapore Retirees as Nation Ages Sharon Chen

S

Bloomberg

LQJDSRUH ZLOO EURDG HQ WKH RSWLRQV IRU LWV FLWL]HQV WR PRQHWLVH VWDWH VXEVLGLVHG KRPHV DQG PD\ R̆ HU JUHDWHU Ă€ H[LELOLW\ IRU UHWLUHHV WR GUDZ IXQGV IURP WKH PDQ GDWRU\ VDYLQJV SURJUDP 3ULPH 0LQLVWHU /HH +VLHQ /RRQJ VDLG $ SODQ WKDW OHWV HOGHUO\ FLWL]HQV VHOO SDUW RI WKHLU OHDVHV RQ VPDOOHU +RXV ing & Development Board DSDUWPHQWV EDFN WR WKH JRYHUQPHQW ZLOO EH H[ WHQGHG WR VR FDOOHG IRXU URRP Ă€ DWV RU WKRVH WKDW DUH DERXW VTXDUH IHHW LQ VL]H /HH VDLG 7KH KRPHV GHYHORSHG E\ WKH JRYHUQPHQW DUH XVXDOO\ VROG ZLWK \HDU OHDVHV DQG EX\HUV W\SLFDOO\ IXQG WKHP ZLWK WKH VWDWH UXQ SHQVLRQ SODQ FDOOHG &HQ tral Provident Fund or &3) 7KH KRPH LV D ÂłYDOXDEOH little pot of gold to draw on, if they need to,â€? Lee VDLG LQ WKH WHOHYLVHG 1D WLRQDO 'D\ 5DOO\ VSHHFK ODVW ZHHN Âł7KH &3) DQG \RXU KRXVH JR KDQG LQ hand to provide for your UHWLUHPHQW ´ /HHÂśV JRYHUQPHQW KDV FRPH XQGHU SUHVVXUH LQ UHFHQW PRQWKV WR UHYLHZ WKH &3) ZLWK DW OHDVW WZR SURWHVWV WKLV \HDU DERXW WKH V\VWHP 2QO\ RQH LQ Âż YH 6LQJDSRUH LQYHVWRUV LV FRQÂż GHQW WKHLU &3) DFFRXQWV ZLOO PHHW WKHLU UHWLUHPHQW QHHGV ZLWK SHUFHQW LQGLFDWLQJ WKH

Singapore will broaden the options for its citizens to monetise state-subsidised homes, Prime Minister Lee Hsien Loong said.

VDYLQJV ZLOO EH LQVẊ FLHQW DFFRUGLQJ WR D VXU vey by Manulife Financial &RUS UHOHDVHG WKLV PRQWK 7KH JRYHUQPHQW ZLOO VHW XS DQ DGYLVRU\ SDQHO WR VWXG\ FKDQJHV WR WKH &3) /HH VDLG :KLOH UHWLUHHV are able to draw from WKHLU SHQVLRQ VDYLQJV DW DW OHDVW 6 PXVW EH NHSW in the account to provide D VWHDG\ VWUHDP RI LQFRPH IRU WKHLU ROG DJH 7KDW DPRXQW ZLOO EH UDLVHG WR 6 QH[W \HDU VDLG /HH ZKR GRHVQÂśW H[SHFW IXUWKHU FKDQJHV DGGLQJ WKDW WKH FXUUHQW VXP LV ÂłIDU IURP H[FHVVLYH´ ZLWK SDUW RI WKH IXQGV EDFNHG E\ WKHLU SURSHUWLHV Lump-sum withdrawals $ ZD\ WR DGG Ă€ H[LELOLW\

FRXOG EH WR DOORZ WKRVH 65 and older to withdraw DV PXFK DV SHUFHQW RI WKHLU VDYLQJV LQ D OXPS VXP IRU OLIH ORQJ DPEL WLRQV VXFK DV WDNLQJ D vacation or pilgrimage, or LI WKH\ IDFH FLUFXPVWDQFHV VXFK DV D IDPLO\ HPHUJHQ F\ /HH VDLG LQ WKH VSHHFK ³,W LV WR VRPH H[WHQW OLV WHQLQJ WR ZKDW 6LQJDSR UHDQV KDYH WR VD\ DERXW having a bit more control RYHU WKHLU SHQVLRQ ´ VDLG 6RQJ 6HQJ :XQ DQ HFRQ RPLVW DW &,0% 5HVHDUFK LQ 6LQJDSRUH ³7KLV LV WKH QHZ SROLWLFDO UHDOLW\ ,WœV kind of like a father who UHDOL]HV WKH NLG KDV JURZQ XS DQG FDQ EH WUXVWHG ZLWK PDQDJLQJ KLV RZQ PRQH\ QRZ ´

/HHÂśV DGPLQLVWUDWLRQ KDV LQFUHDVHG VRFLDO VSHQGLQJ LQ UHFHQW \HDUV DV WKH SRSXODWLRQ DJHV DIWHU GHFDGHV RI SROLFLHV WKDW HPSKDVLVHG VHOI UH OLDQFH RYHU VWDWH IXQGHG ZHOIDUH 6LQJDSRUHDQV DUH JUDSSOLQJ ZLWK ULVLQJ OLYLQJ FRVWV LQIUDVWUXF WXUH VWUDLQV DQG LQFUHDVHG FRPSHWLWLRQ IRU MREV HGX FDWLRQ DQG KRXVLQJ Elderly package 6LQJDSRUH ZLOO VSHQG 6 ELOOLRQ RQ KHDOWK FDUH DQG RWKHU EHQHÂż WV IRU WKH HOGHUO\ LQ D VR FDOOHG 3LR neer Generation Package, )LQDQFH 0LQLVWHU 7KDU man Shanmugaratnam VDLG LQ KLV EXGJHW VSHHFK LQ )HEUXDU\ 7KH JRYHUQ

PHQW ZLOO VHW DVLGH IXQGV IRU DERXW FLWL ]HQV ZKR ZHUH DW OHDVW \HDUV ROG LQ ZKHQ WKH FRXQWU\ JDLQHG LQGH SHQGHQFH /HH ZKR FRPSOHWHG KLV WK \HDU DV SULPH PLQ LVWHU RQ $XJXVW VDLG \HVWHUGD\ WKH JRYHUQPHQW will introduce a yearly SD\RXW IRU ORZ LQFRPH 6LQJDSRUHDQV VWDUWLQJ IURP DJH 7KH QXP ber of elderly will triple WR E\ DF cording to the National Population and Talent 'LYLVLRQ Bloomberg Myanmar Summary

pifumylEdkifiHwGifjynfolrsm; tm;tpd k ; &taxmuf t yH h j zif h &&Sx d m;aom tdrrf sm;udk jyefvnf xkwfa&mif;ydkifcGifhtm;csJUxGifay; rnfjzpfumyifpif,o l mG ;olrsm;t aejzifrh jzpfraeaiGpt k pDtpOfrsm; xHrSaiGaMu;rsm;jyefvnfxkwf,l cGiu hf kd ydĂ­ k ajyavsmo h mG ;apaMumif;

0efBu;D csKyf vD&eS v f eG ;f uqdo k nf/ oufBu;D ydik ;f Ekid if o H m;rsm;tae jzift h ao;pm;tdr, f mESihf zGUH NzKd ;a&; bkwftzGJUwdkufcef;rsm;tm;iSm; ,rf;rIwpfpw d w f pfyikd ;f udt k pd;k & xH jyefvnfa&mif;csEikd cf iG w hf iG f tjcm; av;cef;wGw J u kd cf ef;rsm; udyk gxnfh oGif;cGifhjyKvdkufaMumif;vDuqdk onf/ tpd;k &uazmfaqmifxm; aomtdr, f mrsm;udk yHrk eS t f m;jzifh 99ESpf umv owfrw S f a&mif;csNy;D ,if;twGuf0,folrsm;utpdk;& uaqmif&u G af omA[dk jznfq h nf; rI &efyakH iG odUk r[kwf CPF ac: yif p if t pD t pOf j zif h a y;acsMu onf/ tdrrf mS oufBu;D ydik ;f rsm;taejzifh vdktyfygujyefvnfxkwf,lEdkif aomtzd k ; wef a &T t d k ; av;jzpf aMumif; vDu trsK;d om;aeU ½kyo f H rdefUcGef;wGifajymMum;vdkufonf/ CPF ESio hf ift h rd rf mS oif\ yifpif umv twGuf aiGaMu; jznfq h nf; &efyl;wGJulnDay;rnf[k }LI XTGR N QI

15

INTERNATIONAL BIZ

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Airasia Denies Report It’s Weighing A Bid for Japan’s Skymark AirAsia says report is rubbish

Kiyoshi Ota/Bloomberg

M

An AirAsia engineer looks at an engine of Airbus SAS A320 aircraft at Narita Airport in Japan.

a'owGif;vIyf&Sm;rItjyif;xef qHk; aps;aygaom avaMumif; rav;&Sm;\ AirAsia Bhd vdkif; AirAsia onf *syefEdkifiHrS onf *syefEdkifiHrS jyóemywf aps;oufaomaom avaMumif; vnf0dkif;aeaom Skymark vkyif ef; Skymark tm; aps;EIe;f Airlines Inc tm; 0,f&ef urf;vSrf;rI jyKvkyfEdkifajctwGuf aps;urf;vSrf;zdkU oHk;oyfaeonf aiG a Mu;t&if ; tjrpf v k y f i ef ; qdkaom owif;rsm;udk jiif;qef rsm;ESifh aqG;aEG;vsuf&Sdonf[k YGNXI1\' }LI ZGN8YXI 6G V\HIUGZI The Nikkei business owif;pm zufrsm;ESifh yl;aygif;wnfaxmif u wifjycJh&m Skymark \ xm;aom aps;aygayg av &S,f,maps;EIef;rsm; 28 &mcdkif aMumif;vdkif;udkom t"dutm½Hk EIef;ckefwufoGm;cJhonf/ pdu k o f mG ;rnf[k xkwjf yefxm;onf/ Myanmar Summary

0HOERXUQH KDV UHWDLQHG LWV WLWOH DV WKH ZRUOGÉ—V PRVW OLYHDEOH FLW\ IRU D IRXUWK \HDU UXQQLQJ ZLWK $GHODLGH and Sydney also making the top 10.

Melbourne Tops Economist’s World Most Liveable Cities Index, Again

A

XVWUDOLDQ FLWLHV KDYH once again been named among the ZRUOGÂśV PRVW OLYHDEOH ZLWK Melbourne topping the international index pro GXFHG E\ WKH (FRQRPLVW Intelligence Unit for the IRXUWK FRQVHFXWLYH \HDU The Victorian capital EHDW RWKHU FLWLHV WR WRS WKH OLVW ZKLOH $GHODLGH (5th), Sydney (7th) and 3HUWK WK DOVR PDGH WKH WRS ZKLFK LV LGHQWLFDO WR ODVW \HDUÂśV The city narrowly edged RXW 9LHQQD DV ZHOO DV PDLQWDLQLQJ D VDIH GLV WDQFH DW WKH WRS IURP LWV WUDGLWLRQDO ULYDO 6\GQH\ Melbourne achieved per IHFW VFRUHV RI LQ WKH healthcare, education and LQIUDVWUXFWXUH FDWHJRULHV DV ZHOO DV LQ WKH VXE FDWH JRU\ RI VSRUW ,W DOVR SHU formed well in the other FULWHULD RI VWDELOLW\ DQG FXOWXUH DQG HQYLURQPHQW Âł,WÂśV WHUULÂżF WR NQRZ WKDW ZH VFRUHG SHUIHFW VFRUHV in healthcare, education, LQIUDVWUXFWXUH DQG VSRUW ´ 9LFWRULDQ 3UHPLHU 'HQLV 1DSWKLQH VDLG $XVWUDOLD DQG &DQDGD dominated the top 10 in WKH VXUYH\ ZKLFK ORRNV DW D UDQJH RI IDFWRUV FKLHĂ€\ SROLWLFDO VWDELOLW\ DQG VWUHQJWK RI LQVWLWXWLRQV 6HYHQ RI WKH WRS FLWLHV RQ WKH OLVW DUH LQ $XVWUDOLD RU &DQDGD At the other end of the

table, many of the low HVW VFRUHV DUH LQ DUHDV RI FRQĂ€LFW $V WKH UHSRUW H[ SODLQV WKLV LV SDUWO\ GXH WR ORZ VFRUHV IRU VWDELOLW\ EXW DOVR EHFDXVH IDFWRUV GHÂżQLQJ VWDELOLW\ KDYH DQ DGYHUVH H̆HFW RQ RWKHU VFRUHV Âł&RQĂ€LFW ZLOO QRW MXVW FDXVH GLVUXSWLRQ LQ LWV RZQ ULJKW LW ZLOO DOVR GDPDJH LQIUDVWUXFWXUH RYHUEXUGHQ KRVSLWDOV DQG undermine the availability RI JRRGV VHUYLFHV DQG UHF UHDWLRQDO DFWLYLWLHV ´ In general, the rank LQJ VKRZV D EURDG WUHQG

EIU

DOD\VLDÂśV $LU$VLD %KG GLVPLVVHG a media report WKDW LW LV ZHLJKLQJ D ELG IRU -DSDQÂśV HPEDWWOHG 6N\ PDUN $LUOLQHV ,QF VD\LQJ LW LV IRFXVHG RQ D EXGJHW DLUOLQH LW LV VHWWLQJ XS ZLWK -DSDQHVH SDUWQHUV 7KH 1LNNHL EXVLQHVV GDLO\ VDLG $LU$VLD WKH UHJLRQÂśV PRVW DJJUHVVLYH EXGJHW DLUOLQH LV LQ WDONV ZLWK ÂżQDQFLDO LQVWLWXWLRQV RQ D SRVVLEOH WHQGHU R̆HU IRU WKH ORZ FRVW FDUULHU Âą VHQGLQJ VKDUHV LQ 6N\ PDUN VXUJLQJ SHUFHQW 6N\PDUN ODVW PRQWK warned of uncertainty DERXW LWV DELOLW\ WR VWD\ LQ EXVLQHVV LI LW KDG WR SD\ SHQDOWLHV WR $LUEXV IRU WKH failing to follow through RQ DQ RUGHU IRU VL[ $ VXSHUMXPERV 7KH FDU rier, which had been un DEOH WR JHW ÂżQDQFLQJ IRU WKH GHDO VDLG $LUEXV ZDV demanding “an extraordi nary amount of compen VDWLRQ ´ While the Nikkei report VHQW 6N\PDUNÂśV VKDUHV XS by their daily limit of 50 \HQ $LU$VLD &KLHI ([HFX WLYH 7RQ\ )HUQDQGHV ZDV HPSKDWLF LQ KLV GHQLDO Âł1HYHU VHHQ VXFK UXE ELVK $LU$VLD KDV QR LQWHU HVW LQ 6N\PDUN LQ -DSDQ ´ KH ZURWH RQ 7ZLWWHU Âł:H IRFXVHG RQ QHZ DLUOLQH ´ $LU$VLD VDLG LW LV SODQQLQJ D ORZ FRVW DLUOLQH ZLWK -D SDQÂśV ELJJHVW RQOLQH UHWDLO er, Rakuten Inc, and other FRPSDQLHV LWV VHFRQG DW WHPSW WR WDS WKH -DSDQHVH PDUNHW 6N\PDUN VDLG LQ D VWDWH PHQW LW KDV QRW EHHQ DS SURDFKHG E\ $LU$VLD 'H VSLWH WKH GHQLDO RI LQWHUHVW IURP $LU$VLD LWV VKDUHV UHPDLQHG VZDPSHG E\ D JOXW RI EX\ RUGHUV DW yen, valuing the company

Âł,W QHHGV WR GLYHUVLI\ RXWVLGH 6RXWKHDVW $VLD ZKHUH FRQGLWLRQV KDYH become challenging and JURZWK RSSRUWXQLWLHV DUH QR ORQJHU VR KXJH EXW QRW DW DQ\ FRVW RU ULVN ´ VDLG Brendan Sobie, chief ana O\VW DW &HQWUH )RU $YLD WLRQ DQ LQGXVWU\ FRQVXO WDQF\ ,Q DGGLWLRQ WR LWV QHZ budget airline in Japan, $LU$VLD KDV DOVR MXVW VWDUWHG DQ ḊOLDWH LQ ,Q GLD ZKHUH LW IDFHV VWURQJ DQG HVWDEOLVKHG FRPSHWL WRUV ,W LV DOVR WU\LQJ WR UHY XS JURZWK DW LWV 6RXWKHDVW $VLDQ ḊOLDWHV LQ 7KDL ODQG ,QGRQHVLD DQG WKH 3KLOLSSLQHV DPLG LQWHQVH FRPSHWLWLRQ DQG VORZLQJ HFRQRPLF JURZWK Reuters

William West/Getty Images

DW PLOOLRQ Skymark could be at WUDFWLYH WR VRPH DLUOLQHV DV LW KDV VORWV DW 7R N\RÂśV +DQHGD DLUSRUW %XW *ROGPDQ 6DFKV DQDO\VW .HQ\D 0RULXFKL VDLG LQ D QRWH WR FOLHQWV WKDW KH VDZ little chance of a takeover ZKLOH 6N\PDUN ZDV ÂżQDQ FLDOO\ YLDEOH EHFDXVH UHJX ODWLRQV VXJJHVW WKRVH VORWV are unlikely to automati FDOO\ SDVV RYHU WR $LU$VLD Âł$V ORQJ DV WKHUH LV XQ FHUWDLQW\ RYHU KRZ WKRVH VORWV ZRXOG EH GLVWULE XWHG LWÂśV GL̇FXOW WR LP DJLQH WKDW $LU$VLD ZRXOG SXVK WKURXJK ZLWK WKLV ´ KH ZURWH 2WKHUV VDLG WKHUH ZDV D growing concern that Ai U$VLD LV WU\LQJ WR GR WRR PXFK DW RQFH

Anshuman Daga

Myanmar Summary

MopaMw;vsEdkifiH&SdNrdKUrsm;onf urÇmay:wGifaexdik &f eftaumif; qHk;NrdKUrsm;tjzpf av;ESpfquf wkduf owf rS wf j cif ; cH cJ h & NyD ; Economist Intelligence Unit

rS xkwfjyefonfh EdkifiHwumùTef; udef;rsm;t& rJvfbkef;NrdKUonf urÇmay:wGif aexdik &f ef taumif; qHk;NrdKUtjzpf owfrSwfjcif;cHcJh&

WKDW PLG VL]HG FLWLHV LQ ZHDOWK\ FRXQWULHV ZLWK ORZ SRSXODWLRQ GHQVLWLHV VFRUH ZHOO ³7KLV FDQ IRVWHU D UDQJH RI UHFUHDWLRQDO DFWLYLWLHV without leading to high FULPH OHYHOV RU RYHUEXU GHQHG LQIUDVWUXFWXUH ´ WKH UHSRUW VD\V 1RW VXUSULVLQJO\ FLWLHV currently experiencing YLROHQW XSULVLQJV ZHUH FOXVWHUHG DW WKH ERWWRP .\LY ZDV UDQNHG th, 7ULSROL ZDV LQ nd place, DQG 'DPDVFXV ZDV LQ ODVW SODFH Agencies

onf/ rJvb f ek ;f NrdKUonf wjcm;NrdKUaygif; 139 NrdKUudk jzwfausmĂ­ f xdyw f ef; pm&if;0ifcJhjcif;jzpfNyD; eHygwfig; ae&mwGifwnf&Sdonfh t'dvpf? eHygwfckepfae&m&Sd qpf'eDESifh eHygwfudk;ae&m&dS ygofNrdKUwdkYudk jzwfausmfĂ­ &&SdcJhjcif;jzpfonf/ rJvfbkef;onf usef;rma&;apmifh a&SmufrpI epf?ynma&;ESifhtajccH taqmufttHu k @tjyif tjcm; XmecGt J oD;oD;Ăź trSwjf ynf&h &Scd hJ onf/ xdkYjyif tjcm;pHcsdefpHĂąTef; rsm;jzpfonfh wnfNidrfat;csrf;rI? ,Ofaus;rIEiS o hf bm0ywf0ef;usif qdkif&mudpĂś&yfrsm;twGufvnf; trSwf j ynf h & &S d c J h o nf / ppf w rf ; aumuf,rl rI sm;t& MopaMw;vs ESihf uae'gEdik if w H o Ykd nf xdyw f ef; 10 EdkifiHpm&if;0iftjzpf vTrf;rdk; xm;cJNh yD; xdyw f ef; 10 NrKd Ue,fwiG f tqdyk gEdik if rH sm;rS NrKd UckepfNrKd Uyg0if NrJjzpfonf/

16 Myanmar Business Today August 28-September 3, 2014

mmbiztoday.com

INVESTMENT & FINANCE

17 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Hedging between Giants: Myanmar, China and the United States Dan Steinbock

A

Rapid growth performance 6LQFH WDNLQJ ṘFH 3UHVLGHQW 7KHLQ 6HLQ KDV LQWURGXFHG D VODWH RI UH IRUPV DQG VLJQL¿FDQWO\ LPSURYHG 0\DQPDUœV WLHV ZLWK WKH 8QLWHG 6WDWHV DQG (XURSHDQ FRXQWULHV )URP :DVKLQJWRQ WR %UXVVHOV 0\DQPDU LV VHHQ DV D IDVFLQDWLQJ VWRU\ of economic growth and KXPDQ ULJKWV ,Q 0\DQPDUœV HFRQRP\ JUHZ DW SHU FHQW )XHOOHG E\ LQFUHDVHG JDV SURGXFWLRQ VHUYLFHV FRQVWUXFWLRQ IRUHLJQ LQ

U Aung/Xinhua

V 0\DQPDU VHHNV WR VXVWDLQ LWV UH form momentum, LW IDFHV D FKDOOHQJLQJ balancing act between &KLQHVH UHEDODQFLQJ DQG $PHULFDÂśV SLYRW WR 6RXWK HDVW $VLD Recently, when US Sec retary of State John Kerry arrived at the ASEAN Re gional Forum in Nay Pyi Taw, he wanted the “peo ple of Myanmar to know WKDW WKH\ KDYH WKH VXSSRUW DQG WKH IULHQGVKLS RI WKH 86 ´ ,Q UHDOLW\ .HUU\ÂśV YLVLW ZDV RYHUVKDGRZHG E\ WKH FRQFHUQV RI &DSLWRO +LOO DQG KXPDQ ULJKWV ZDWFK GRJV DERXW ÂłVWDOOHG SROLWL FDO UHIRUPV ´ DQG ÂłULVLQJ YLROHQFH DJDLQVW HWKQLF DQG UHOLJLRXV PLQRULWLHV LQ 0\DQPDU ´ 0HDQZKLOH &KLQDÂśV $PEDVVDGRU <DQJ +RX ODQ VDLG WKDW ÂłDOWKRXJK WKHUH DUH VRPH GL̆HULQJ YLHZV RQ WKH UHODWLRQVKLS between China and Myan PDU LW ZRQÂśW LPSDFW WLHV between the two coun WULHV ´ In reality, the bilat HUDO WLHV EHWZHHQ &KLQD and Myanmar have been VWUDLQHG E\ &KLQHVH VHW EDFNV LQ D IHZ KLJK SURÂżOH SURMHFWV ZKLFK KDYH OHG WR XQHDVH DPRQJ &KLQHVH LQYHVWRUV Inadvertently, Myan PDU KDV EHFRPH D WHVWLQJ JURXQG EHWZHHQ &KLQHVH DQG 86 VSKHUHV RI LQĂ€X HQFH LQ 6RXWKHDVW $VLD

US Secretary of State John Kerry attends the 4th (DVW $VLD 6XPPLW ($6 )RUHLJQ 0LQLVWHUVÉ— 0HHWLQJ LQ Nay Pyi Taw.

YHVWPHQW DQG VWURQJ FRP PRGLW\ H[SRUWV WKH FRXQ WU\ LV RQ WUDFN WR JURZ SHUFHQW LQ WKH PHGLXP WHUP $PLGVW LWV UDSLG JURZWK 0\DQPDU LV VWUXJJOLQJ WR LPSURYH LWV EXVLQHVV HQ vironment with multiple SDUDOOHO UHIRUPV XQGHU ZD\ +RZHYHU JLYHQ KLJK reliance on the abundant QDWXUDO UHVRXUFHV DQG low productivity in ag riculture, the economy UHPDLQV YXOQHUDEOH WR VKRFNV DQG H[WHUQDO ULVNV 7KHVH GRZQVLGH ULVNV include a decline in com PRGLW\ SULFHV EXW DOVR SRWHQWLDO VORZGRZQ LQ &KLQHVH JURZWK DGYHUVH GHYHORSPHQWV LQ -DSDQ VORZHU UHFRYHU\ LQ WKH 86 and further economic fra JLOLW\ LQ WKH (XUR ]RQH Washington’s hopes $IWHU GHFDGHV RI GLSOR PDWLF LVRODWLRQ HFRQRPLF DQG PLOLWDU\ VDQFWLRQV :DVKLQJWRQ UHOD[HG FXUEV on foreign aid to Myan PDU DQG WKH UHODWLRQV ZHUH QRUPDOL]HG LQ 7KH (8 KDV IROORZHG LQ WKH IRRWSULQWV 7RGD\ ERWK :DVKLQJ ton and Tokyo are inten VLI\LQJ WKHLU UHVSHFWLYH LQYHVWPHQW GULYHV LQ 0\ DQPDU -DSDQ DJUHHG WR FDQFHO ELOOLRQ LQ GHEW DQG SOHGJHG PLOOLRQ WR VXSSRUW D QHZ IRUHLJQ DVVLVWDQFH SURJUDP :KLOH &KLQD ZDV VFKHG uled to upgrade a rail track from Yangon to Mandalay, Japan won the FRQWUDFW DQG LV QRZ DOVR

KRSLQJ WR PRGHUQLVH <DQ JRQœV FUXPEOLQJ XUEDQ WUDQVLW V\VWHP Meanwhile, US Con JUHVV KDV H[SUHVVHG FRQ FHUQV DERXW 0\DQPDUœV KXPDQ ULJKWV UHFRUG intimidation of journal LVWV DQG YLROHQFH DJDLQVW WKH 5RKLQJ\D 0XVOLPV :DVKLQJWRQ ZRXOG OLNH WR VHH PRUH SROLWLFDO UH IRUPV GHPRFUDWLF LQVWL WXWLRQV DQG LPSURYHPHQW RI KXPDQ ULJKWV From the Myanmar VWDQGSRLQW WKH SUREOHP LV WKDW VR IDU WKH 86 KDV SURYHG OHVV HDJHU WR DFWX DOO\ LQYHVW LQ 0\DQPDU H[FHSW IRU EROG SULYDWH VHFWRU JOREDOLVHUV VXFK DV &RFD &ROD DQG VRPH RWKHU EXVLQHVVHV 3UHVLGHQW 2EDPD YLVLW ed Myanmar in 2012, but WKH DGPLQLVWUDWLRQ KDV QRW IXOO\ OLIWHG VDQFWLRQV $V D UHVXOW 86 LQYHVWRUV KDYH QRW ZDONHG WKH WDON Chinese setbacks 'HVSLWH REVWDFOHV &KL QHVH )', LQ 0\DQPDU UHPDLQV KLJK %\ 2FWREHU VRPH SHUFHQW RI DOO UHDOLVHG IRUHLJQ LQYHVW PHQW LQ WKH FRXQWU\ ZDV from China and Hong .RQJ 7KHVH FDSLWDO ÀRZV ZHUH IROORZHG E\ WKRVH from Korea, Thailand and 8. QRW \HW IURP WKH 86 ,Q WKH ¿UVW KDOI RI WKH FXPXODWLYH LQYHVW PHQWV RI &KLQD DQG +RQJ .RQJ DFFRXQWHG IRU VRPH SHUFHQW RI WRWDO LQYHVW PHQWV 1RW DOO PDMRU SURMHFWV KDYH EHHQ VPRRWK KRZ

HYHU ,Q WZR PDMRU )', VHWEDFNV ORFDO FULWLFV RI &KLQHVH FDSLWDO KDYH made reference to envi URQPHQWDO LVVXHV DQG GLV ORFDWLRQV RI ORFDO SRSXOD tion, while the Myanmar JRYHUQPHQW KDV WULHG WR EH UHVSRQVLYH WR FLWL]HQ DSSHDOV PLQGIXO RI WKH LPSHQGLQJ HOHFWLRQV )LUVW 3UHVLGHQW 7KHLQ 6HLQ VXVSHQGHG WKH 0\ LWVRQH GDP SURMHFW LQ 6HSWHPEHU $V WKH leader of the incumbent 86'3 3UHVLGHQW 7KHLQ 6HLQ KRSHV WR FRQWDLQ SRSXODU FULWLFLVP ZKLFK WHQGV WR IXHO $XJ 6DQ 6XX .\LÂśV RSSRVLWLRQ SDUW\ 1/' %\ HOHFWLRQV ZLOO RF FXU LQ ODWH DQG WKH general election in late ,Q WKH HQG SUDJPDWLVP PD\ VWLOO SUHYDLO EHFDXVH the termination of the 0\LWVRQH GDP SURMHFW could have more exten VLYH OHJDO SROLWLFDO DQG HFRQRPLF LPSOLFDWLRQV 7KH VHFRQG KLJK SURÂżOH VHWEDFN LV WKH .\DXN SK\X .XQPLQJ UDLO SUR ject, which the Myanmar government put on the back burner in July, al lowing the memorandum RI XQGHUVWDQGLQJ 0R8 WR ODSVH Soon thereafter in early $XJXVW 7KDLODQG JDYH DSSURYDO IRU WZR &KLQHVH KLJK VSHHG UDLO SURMHFWV WKDW FDOO IRU UDLO OLQNV IURP 7KDLODQG WR .XQPLQJ 7KH VLJQDO ZDV WKDW &KLQD WRR KDV RWKHU DYDLODEOH RSWLRQV 1HYHUWKHOHVV &KLQD LV

DOVR PRYLQJ DKHDG ZLWK SODQV WR FUHDWH DQ PLOH rail tunnel through the ERUGHU PRXQWDLQV ZLWK 0\DQPDU WR VHUYH DV WKH HQWU\ SRLQW WR .XQPLQJ ,Q 0\DQPDU DOPRVW SHUFHQW RI WKH LPSRUWV DUH IURP &KLQD EHFDXVH WKH\ EHQHÂżW RUGLQDU\ SHRSOH So the cooperation op WLRQ UHPDLQV RQ WKH WDEOH +RZHYHU GHVSLWH RFFD VLRQDO SXEOLF FUXPEOLQJ ERWK :DVKLQJWRQ DQG %HLMLQJ PD\ XQGHUVWDQG WKDW FULWLFDO GHFLVLRQV DUH likely to follow only after SROLWLFDO FRQVROLGDWLRQ LQ Âą WKDW LV DIWHU WKH HOHFWLRQV Hedging or bandwagoning ,Q :DVKLQJWRQ WKH GRP inant Myanmar narrative LV JHRSROLWLFDO 7KH TXHV WLRQ LV ZKHWKHU WKH FRXQWU\ FDQ VHUYH WKH 86 OHG DOLJQ PHQW WR FRQWDLQ &KLQD In Beijing, the Myanmar QDUUDWLYH EXLOGV PRUH RQ HFRQRPLF UHDOLWLHV 7KH TXHVWLRQ LV ZKHWKHU the country will join the &KLQHVH OHG HFRQRPLF UH JLRQDO LQWHJUDWLRQ According to US ob VHUYHUV WKH &KLQHVH UDLO project, which would SDVV WKURXJK 0\DQPDUÂśV QRUWKHDVW PRXQWDLQV WR WKH FRDVWDO SODLQV RQ WKH Indian Ocean, would give %HLMLQJ D VKRUWFXW WR WKH 0LGGOH (DVW DQG (XURSH ,W ZRXOG DOVR VHUYH DV DQ alternative to the longer WULS WKURXJK WKH FRQWHVW HG 6RXWK &KLQD 6HD In Beijing, the rail pro MHFW LV VHHQ WR EHORQJ WR WKH JUDQG &KLQHVH HI IRUW WR EXLOG WKRXVDQGV RI PLOHV RI UDLO WUDFN WR LQWHUFRQQHFW /DRV &DP bodia, Thailand and Ma OD\VLD DOO WKH ZD\ GRZQ WR 6LQJDSRUH ,W LV SDUW RI WKH H[WHQVLYH WUDQV $VLDQ UDLO DFFRUG ZKLFK DOPRVW $VLDQ FRXQWULHV VLJQHG VRPH HLJKW \HDUV DJR In Beijing, Myanmar LV VHHQ DV DQ HPHUJLQJ HFRQRP\ OHG E\ 3UHVLGHQW 7KHLQ 6HLQ ZKLFK KDV RSW HG IRU HFRQRPLF UHIRUPV DQG RSHQLQJ XS SROLFLHV DV &KLQD GLG LQ WKH V ,Q :DVKLQJWRQ 0\DQPDU LV SHUFHLYHG DV D QDWLRQ ZKLFK KDV EHHQ LQVSLUHG E\ WKH RSSRVLWLRQ OHDGHU $XJ 6DQ 6XX .\LÂśV VWUXJ

gle for democracy and hu PDQ ULJKWV $PLGVW WKHVH FHQWULIXJDO SHUFHSWLRQV DQG H[SHFWD WLRQV 0\DQPDUœV SROL F\PDNHUV DUH VWUXJJOLQJ WR KHGJH WKHLU EHWV 7KH\ know only too well that a EDODQFLQJ DFW LV RQH WKLQJ EXW EDQGZDJRQLQJ ¹ RU the perception of band ZDJRQLQJ ¹ LV VRPHWKLQJ YHU\ GL̆HUHQW The great balancing act IRU 0\DQPDU LV WR UHDS WKH HFRQRPLF EHQH¿WV IURP ERWK &KLQHVH DQG 86 IRUHLJQ GLUHFW LQYHVW PHQW $W WKH HQG RI WKH GD\ LQYHVWRU LQWHUHVW LV IXHOOHG E\ UHWXUQV 0\DQPDU QHHGV WR FUH ate a middle ground that LV ZHOFRPLQJ WR DOO IRU HLJQ FDSLWDO DQG VHUYHV WKH LQWHUHVWV RI WKH 0\DQ PDU SHRSOH DQG LQFOXVLYH JURZWK Dr Dan Steinbock is the research director of international business at the India, China and America Institute (USA) and a visiting fellow at the Shanghai Institutes for International Studies (China) and EU Center (Singapore). The views and opinions expressed in this article are the author’s own and don’t UHÀHFW 0\DQPDU %XVLQHVV Today’s editorial opinion. Myanmar Summary

MUHIUP(GNLIL+RQI}LI ?DM\PLI vJrIt[kefudkxdef;odrf;&efBudK; pm;vsuf&SdonfhtcsdefwGifw½kwf EdkifiH\csdefcGifvQmnd§rIESifhtar&d um;\ta&SUawmiftm&Saxmuf wdkifpDrHudef;wdkUtMum;[efcsuf xde;f n§&d rnfch ufcaJ omvkyif ef;ESihf &ifqikd v f m&onf/ rMumao;rDutar&duefEdkifiH jcm;a&;0efBuD;*Refu,f&Donfae jynfawmfwiG u f si;f yaom tmqD ,Hxyd o f ;D aqG;aEG;yGo J Ukd wufa&muf pOfwGifjrefrmEdkifiHom;rsm;tae jzift h ar&duef\axmufcrH EI iS rhf w d f aqGtjzpfvufwrJG w I Ukd tm;&&Sx d m; onfuo kd ad pvdak Mumif;ajymMum; cJo h nf/ vuf a wG U wG i f r l u ,f & D \ vm a&mufrItay:wGiftar&duef tkycf sKyaf &;A[dck surf uufyw D ,f awmifuek ;f ESiv hf Ul tcGit hf a&;apmifh Munht f zGUJ rsm;\ ]]Edik if aH &;ajymif; vJrIrsm;wefUaejcif;}}tay:pdk;&drf rIrsm;u t&dyx f ;kd vsu&f o dS nf/ wpfcsdefwnf;wGifw½kwfoHt rwf ,ef[v kd efuvnf; w½kwEf iS fh jrefrmEdik if w H Ukd tMum; tjriftcsKUd uGjJ ym;rI&adS omfvnf;ESpEf ikd if q H uf qHa&;udk xdcu kd rf nfr[kwaf Mumif; ajymMum;xm;onf/

INVESTMENT & FINANCE

18 Myanmar Business Today

August 28-September 3, 2014

Kelly Alexandra Williams

Planning for Balance

7KHUH LV QR ULJKW DQVZHU WKDW ˃WV HYHU\RQH EXW PDQ\ SHRSOH IDLO LQ WKHLU SHUVRQDO OLYHV VLPSO\ EHFDXVH they fail to plan ahead of time and get pressured into making one trade-off after another.

David Mayes

I

recently read about D +DUYDUG VWXG\ WKDW DWWHPSWHG WR ÂżQG RXW KRZ KLJK OHYHO H[HFXWLYHV found a way to balance WKH KLJK GHPDQGV RI WKHLU ZRUNLQJ DQG IDPLO\ OLYHV Some think that planning IRU ZRUN OLIH EDODQFH KDV nothing to do with their ÂżQDQFHV \HW LQ IDFW LW KDV HYHU\WKLQJ WR GR ZLWK LW 'LYRUFH LV RIWHQ D VLGH HI IHFW RI QRW SODQQLQJ WKLV

IDFHW RI OLIH DQG LQ PRVW LQVWDQFHV WKLV FDQ KDYH D PRUH GUDPDWLF H̆HFW RQ \RXU ÂżQDQFLDO VLWXDWLRQ WKDQ HYHQ WKH GXPEHVW LQYHVWPHQW PLVWDNH $QRWKHU FRPPRQ PLV FRQFHSWLRQ LV WKDW PD[L PLVDWLRQ RI \RXU VDODU\ LV priority number one, yet if what you have to do to get WKDW UDLVH RU SURPRWLRQ UX LQV \RXU UHODWLRQVKLSV ZLWK \RXU ORYHG RQHV WKHQ WKH ÂłLQFUHPHQWDO´ DGYDQFHV LQ \RXU ÂżQDQFLDO VWDELOLW\ PD\ DFWXDOO\ OHDG WR D GHFUHDVH LQ \RXU RYHUDOO KDSSLQHVV 7KH PDLQ SUREOHP VWHPV IURP D ODFN RI GHÂżQLQJ \RXU FRUH OLIH YDOXHV HDUO\ RQ LQ your career and deciding

in advance, preferably with \RXU SDUWQHU ZKDW NLQGV RI WUDGH R̆V \RX DUH ZLOO LQJ WR WDNH IRU ÂżQDQFLDO DG YDQFHPHQW 7RR PDQ\ SHR SOH MXVW WDNH OLIH DV LW FRPHV DW WKHP DQG DV WKH\ DGMXVW WR DQ HYHU LQFUHDVLQJ OLIH VW\OH WKH\ JHW WUDSSHG LQWR D VLWXDWLRQ , FDOO ÂłJROGHQ KDQGFX̆V´ 7KH\ DUH WRR DIUDLG WR VORZ GRZQ LQ WKH rate race and eventually WKH VLWXDWLRQ EORZV XS LQ WKHLU IDFH 0DQ\ WLPHV LW LV WKH KDUGVKLS SRVWLQJ ZKLFK on the one hand can ad vance your career rapidly, WKDW OHDGV WR GLYRUFHV Planning ahead and be LQJ SUHSDUHG WR VD\ QR LI

you feel like your part QHU LV QRW RQ ERDUG PD\ EH ZKDW \RX QHHG WR GR $QRWKHU RSWLRQ LV WR OD\ FOHDU JXLGHOLQHV RI KRZ ORQJ \RX ZLOO VDFULÂżFH WKH ÂłOLIH´ VLGH RI WKH HTXD WLRQ IRU LQVWDQFH \HDUV DEURDG RU RQ WKH ÂłIDVW WUDFN´ EHIRUH VHWWOLQJ LQWR D QRUPDO URXWLQH in a place you would like to be long term, even if it PHDQV WDNLQJ D VXEVWDQ WLDO SD\ FXW 7KHUH LV QR ULJKW DQ VZHU WKDW ÂżWV HYHU\RQH but many people fail in WKHLU SHUVRQDO OLYHV VLP SO\ EHFDXVH WKH\ IDLO WR plan ahead of time and JHW SUHVVXUHG LQWR PDN LQJ RQH WUDGH R̆ DIWHU DQRWKHU )RU PH HYHQ WKH WKRXJKW RI D ZRUN ZHHN VWXFN SK\VLFDOO\ LQ DQ ṘFH PDNHV PH FULQJH I am lucky that I can work PRVWO\ IURP KRPH WKH WUDGH R̆ LV WKDW , QHHG WR WUDYHO PRUH , DFWXDOO\ decided my major in uni YHUVLW\ EDVHG SDUWLDOO\ RQ ZKLFK GHJUHH ZDV PRVW likely to give me an op tion to work from home at VRPH SRLQW 7R RWKHUV WKH thought of not being in an ṘFH PD\ EH XQWKLQND EOH VR ZKDW ZRUNV IRU PH ZRXOG QRW IRU WKHP ,Q WKH HQG LW LV \RXU OLIH and if you do not take the time to actively plan what you want out of it other than purely monetar LO\ VSHDNLQJ \RX DUH JRLQJ to end up with whatever

mmbiztoday.com UDQGRPO\ KDSSHQV ,Q RXU PRGHUQ ZRUOG WKLV XVX DOO\ PHDQV ORQJ KRXUV DQG VWUDLQHG UHODWLRQVKLSV ,Q EXVLQHVV VFKRRO LW ZDV WKH GHDWK NQHOO LQ D ÂżQDQFH interview if you admitted that you placed your family over your career, and if you did get into banking you ZRXOG EH VXUURXQGHG E\ DQ ṘFH IXOO WKDW KDG OLNH ZLVH PDGH WKH VDPH FRP PLWPHQW WR FDUHHU ÂżUVW A good approach to ÂżQGLQJ D MRE ZLWK D VLPL lar outlook on balancing WKH ZRUN OLIH WUDGH R̆ LV WR “interviewâ€? the interviewer DERXW WKLV VXEMHFW XQWLO \RX ÂżQG D FRPSDQ\ WKDW ÂżWV with what you want out RI OLIH 7KLV DSSURDFK PD\ take longer, but it will pay ELJ GLYLGHQGV WR \RX RYHU WKH FRXUVH RI \RXU OLIH David Mayes MBA provides wealth management services to expatriates throughout Southeast Asia, focusing on UK Pension Transfers. He can be reached at david.m@faramond. com. Faramond UK is regulated by the FCA and provides advice on pensions and taxation.

Mum;csdefn§djcif;rSmaiGaMu;tajc taeESirhf nfoUkd rQroufqikd [ f t k csKUd uxifEikd o f nf/ od&Yk mwGi, f if; udpÜrSmb@ma&;tajctaeESifh vH;k 0oufqik d af eonf/ uGm&Si;f jcif; rSmxdt k ydik ;f udak ocsmpDrrH rI &Scd jhJ cif; \&vmbfjzpfNyD;,if;aMumifhoif \b@ma&;tajctaexdcdkuf qHk;½IH;rIrSmtBuD;qHk;&if;ESD;jr§KyfESHrI trSm;xufyifydkíjyif;xefEdkifay onf/ aemufxyfrSm;,Gif;aomt,l tqrSmvpmudktjrifhqHk;&&Sd&ef BuKd ;pm;&efrmS eHygwfwpfO;D pm;ay; [k,q l jcif;jzpfonf/odUk aomfvpm ESi&hf mxl;wd;k zkUd twGuo f ifaqmif &Guo f nfrsm;rSmoif\rdom;pkquf qHa&;udkxdcdkufaprnfqdkvQifaiG aMu;qdkif&mwnfNidrfrIjrifhrm;pGm wufvmaomfvnf;wu,fhb0 aysm&f iT rf rI mS rlusqif;oGm;Edik o f nf/ t"dujyóemrSmoif\touf arG;rIvkyfief;b0tapmydkif;wGif b0\t"duwefzdk;rsm;owfrSwf jcif;ESio hf ifv h ufwaJG zmfEiS Bhf uKd wif írnfonfwdkUudkpGefUvTwfrnfqdk onfrsKd;tpDtpOfqGJxm;jcif;r&Sd jcif;aMumifjh zpfonf/ BuKd wiftpD tpOfqjJG cif;ESiv hf t dk yfvQijf iif;qef &efjyifqifxm;jcif;rSmoifvyk o f ifh onft&mrsm;jzpfonf/ vlrsm;pk rSm b0udk MuKH ovdak exdik v f u kd Nf y;D ajymif;vJrt I rsm;ESiv hf u kd yf gcsed n f d§ aeMu&mwpfcgwpf&yH w d rf í d teD; Myanmar Summary uyfaygufuGJrIrsm;ESifhMuHK&wwf tqif h j rif h t rI a qmif t &m&S d onf/ UVP WDHM]LI}K LI ZG8N ?WYN\(I L6 UKI G ÞudprÜ mS oif\ b0yifjzpfNy;D om;pkb0wdkUtMum;jrifhrm;aom ,if;rSaeí oifbmvdck sio f nfukd vdt k yfcsurf sm;udrk nfoUkd [efcsuf BuKd wifjyifqifrI rjyKvyk x f m;vQif xdef;n§donfqdkonfudkavhvm oifhtaejzifhra&&maomtajc xm;onfph mwrf;wpfczk wfvu kd &f taersm;jzifhomMuHKawGU&rnf onf/ tvkyEf iS u hf , kd yf ikd t f csed t f jzpfonf/

INVESTMENT & FINANCE

19 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Company Spotlight: Parami Energy Group FRQFHUQV RI ODERXU YLR ODWLRQV 3DUDPL (QHUJ\ *URXS KDV LPSOHPHQWHG D UREXVW KHDOWK VDIHW\ and environment (HSE) SROLF\ DLPHG DW SUHYHQW LQJ ZRUN SODFH DFFLGHQWV GLVHDVH DQG FRPSOLDQFH ZLWK ODERXU ODZV “[We are] channelling our energy in the right GLUHFWLRQ :H DUH VWULY LQJ WR EH WKH PRVW VRFLDOO\ UHVSRQVLEOH FRPSDQ\ LQ 0\DQPDU :H ZDQW WR EH D FRPSDQ\ WKDW PDNHV WKH EHVW XVH RI UHVRXUFHV DQG ZRUNV WR GHYHORS WDOHQW ZLWKLQ WKH FRPSDQ\ ´ VDLG <DS

Aundrea MontaĂąo

3DUDPL (QHUJ\ *URXS )RXQGHU &KDLUPDQ DQG &KLHI ([HFXWLYH 2I ˃ FHU .HQ 7XQ

+H VDLG 3DUDPL (QHUJ\ *URXS EHOLHYHV LQ EHLQJ D VXFFHVVIXO FRPSDQ\ PHDQV KHOSLQJ RWKHUV WR VXFFHHG DV ZHOO Building Internal Controls and Policies %\ PDQ\ PHDVXUHV 3DU DPL (QHUJ\ *URXS LV D GLI ferent kind of company in 0\DQPDU :LWK D YLVLRQ WR EH D QDWLRQDO FKDP SLRQ LW LV RQH RI D KDQG IXO RI FRPSDQLHV OHDGLQJ WKH ZD\ LQ GHYHORSLQJ LQ WHUQDO FRQWUROV WKDW PHHW LQWHUQDWLRQDO VWDQGDUGV Âą D UDUH RFFXUUHQFH LQ 0\DQPDU DQG D KLJKO\ DW tractive feature to foreign LQYHVWRUV $V 0\DQPDU HPHUJHV ZLWK SURYHQ DQG DEXQ GDQW QDWXUDO UHVRXUFHV WKH FRXQWU\ LV XQGHU LQ FUHDVHG VFUXWLQ\ WR FRP ply with international VWDQGDUGV LQ LWV H[WUDF WLYH LQGXVWULHV 2IWHQ GHYHORSLQJ FRXQWULHV UHO\ RQ WKHLU H[WUDFWLYHV LQ GXVWULHV DV D YHKLFOH IRU growth and development, EXW DUH RIWHQ FULWLFLVHG LQ WKHLU SURGXFWLRQ PHWKRGV WKDW DUH LQIXVHG ZLWK FRU UXSWLRQ ODFN RI WUDQVSDU HQF\ DQG ODERXU ODZ YLR ODWLRQV +RZHYHU 3DUDPL (QHUJ\ VHHNV WR GHI\ WKHVH W\SLFDO FKDUDFWHULVWLFV RI WKH HQHUJ\ VHFWRU %XLOGLQJ RQ WKH FRP SDQ\ÂśV GHVLUH WR LPSOH ment internationally UHFRJQLVHG VWDQGDUGV WKH FRPSDQ\ KDV LQVWLWXWHG D Âł]HUR WROHUDQFH´ SROLF\ IRU FRUUXSWLRQ 7XQ VDLG 0RQLWRUHG E\ D FRPSOL DQFH Ṙ FHU 3DUDPL (Q HUJ\ *URXS HQVXUHV WKDW

HDFK HPSOR\HH LV WUDLQHG WR XQGHUVWDQG DOO RI LWV SROLFLHV DQG H[SHFWHG SUDFWLFHV KH DGGHG 7XQ VDLG WKH FRPSDQ\ KDV JRQH WKURXJK DQ H[ WHQVLYH GXH GLOLJHQFH SURFHVV DQG YROXQWDULO\ GLVFORVHV WR WKH SXEOLF LWV EXVLQHVV SDUWQHUV DQG WKH RZQHUVKLS RI LWV VXEVLGL DULHV GHPRQVWUDWLQJ LWV FRPPLWPHQW WR WUDQVSDU HQF\ 7KH JURXS KDV VDLG it will be audited by an international accounting ¿ UP LQ DQG ZLOO SUR YLGH D VXPPDU\ RI UHVXOWV DFFRUGLQJO\ 5HVSHFW IRU KXPDQ ULJKWV LV DOVR DW WKH WRS RI 3DUDPL (QHUJ\ *URXSœV FRPPLWPHQW WR VXVWDLQ DELOLW\ DQG VRFLDO UHVSRQ VLELOLW\ LQ LWV RSHUDWLRQV COO Yap Kwong Weng VDLG ³7KH FRPSDQ\ VWURQJ O\ EHOLHYHV EXVLQHVVHV VKRXOG VXSSRUW DQG SUR WHFW KXPDQ ULJKWV DQG HQVXUH WKDW WKH\ DUH QRW complicit in any human ULJKWV DEXVHV ´ Parami Energy Group LV RQH RI WKH IHZ 0\DQ PDU FRPSDQLHV WKDW KDYH implemented a human ULJKWV SROLF\ JXLGHG E\ WKH 8QLYHUVDO 'HFODUD WLRQ RI +XPDQ 5LJKWV WKH SULQFLSOHV RXWOLQHG E\ WKH *OREDO 'LJQLW\ 2UJDQL]D WLRQ DQG WKH 8QLWHG 1D WLRQV *OREDO ,PSDFW ,QLWL DWLYH ,Q DFFRUGDQFH ZLWK 3DUDPL (QHUJ\ *URXSœV SROLF\ HPSOR\HHV DUH JXDUDQWHHG IXQGDPHQ WDO ODERXU DQG ZRUNHUVœ ULJKWV DQG KDYH UHGUHVV ZLWK JULHYDQFHV 7R DGGUHVV LQGXVWU\

Corporate Social Responsibility $IWHU GHFDGHV RI LQWHU QDWLRQDO LVRODWLRQ 0\DQ PDU KDV HPHUJHG DV D WRS GHVWLQDWLRQ IRU IRUHLJQ LQYHVWPHQW *OREDO VHFOX VLRQ OHIW WKH FRXQWU\ LQ VHYHUH HFRQRPLF GHFOLQH DQG ZLWKRXW DGHTXDWH LQ IUDVWUXFWXUH D SRSXODWLRQ ZLWK ORZ OHYHOV RI KXPDQ UHVRXUFH FDSDFLW\ DQG D EURNHQ HGXFDWLRQ V\VWHP %XW DOVR HPHUJLQJ LQ WKH FRXQWU\ LV D FODVV RI EXVLQHVVHV FRPPLWWHG QRW RQO\ WR VHHLQJ SURÂż WV LQ FUHDVH EXW DOVR HQJDJLQJ FRPPXQLWLHV WR VXSSRUW EURDG EDVHG GHYHORSPHQW WKURXJK FRUSRUDWH VRFLDO UHVSRQVLELOLW\ &65 SUDF WLFHV 8QGHUVWDQGLQJ WKH dearth of education and ORZ KXPDQ UHVRXUFH capacity in Myanmar, Parami Energy Group VXSSRUWV RYHU PRQ DVWHU\ VFKRROV LQ 0DQ GDOD\ <DQJRQ $\H\DU wady region, and Shan DQG .D\LQ VWDWHV 7KH SURJUDP VXSSRUWV WKH EXLOGLQJ RI VFKRROV DQG SURYLGHV Âż QDQFLDO VXS SRUW IRU WHDFKHU VDODULHV H[WUDFXUULFXODU DFWLYLWLHV DQG VWXGHQW VFKRODUVKLSV 7KH SURJUDP DLPV WR UDLVH WKH EDVLF HGXFDWLRQ OHYHO LQ WKH FRXQWU\ DQG KDV already impacted over FKLOGUHQ 7XQ VDLG WKH JURXS LV FRPPLWWHG WR WKH HFR nomic development of 0\DQPDU DQG VXSSRUWV SME capacity building LQLWLDWLYHV DV D PHDQV WR SUHSDUH ORFDO EXVLQHVVHV IRU WKH FRXQWU\ÂśV HQWU\ LQWR WKH $6($1 (FRQRP LF &RPPXQLW\ $(& &65 DFWLYLWLHV LQ WKLV area include the delivery

FRQVLVWHQW DFFHVV WR FOHDQ ZDWHU 7XQ VDLG 3DUDPL (Q HUJ\ *URXS LV FRPPLWWHG WR XQORFNLQJ 0\DQPDUÂśV SRWHQWLDO IRU VXVWDLQDEOH GHYHORSPHQW WKURXJK UH VSRQVLEOH DQG LQQRYDWLYH EXVLQHVV SUDFWLFHV DQG HQJDJLQJ KHDYLO\ LQ &65 7KH FRPSDQ\ PDQ DJHV WKHLU RZQ FRUSR UDWH VRFLDO UHVSRQVLELOLW\ SURJUDPV DQG GRHV QRW PDNH Âż QDQFLDO FRQWULEX WLRQV WKURXJK WKLUG SDUW\ RUJDQLVDWLRQV LQ RUGHU WR IDFLOLWDWH JUHDWHU FRPPX QLW\ LPSDFW KH VDLG “We believe engaging FRPPXQLWLHV LQ ORQJ WHUP UHODWLRQVKLSV WKDW GHYHORSV VXVWDLQDEOH FRU SRUDWH VRFLDO UHVSRQVLELO LW\ SURJUDPV ´

Parami Energy Group

The Company )RXQGHG LQ 3DU DPL (QHUJ\ *URXSÂśV FRUH EXVLQHVVHV DUH LQ WKH RLO DQG JDV SRZHU FRQVWUXF WLRQ EDQNLQJ DQG LQVXU DQFH VHFWRUV DQG TXLFNO\ H[SDQGLQJ LWV FRPSDQ\ SURÂż OH LQWR WKH WRXULVP DQG HYHQW SODQQLQJ VHF WRUV 7KH FRPSDQ\ LV HQJDJHG LQ PXOWLSOH SDUWQHUVKLSV ZLWK UHSXWDEOH LQWHUQD WLRQDO FRPSDQLHV LQ QHZ RLO DQG JDV H[SORUDWLRQ allowing them to leverage FURVV ERUGHU H[SHUWLVH According to Tun, the FURVV ERUGHU WHFKQRO RJ\ WUDQVIHU KDV KHOSHG LQFUHDVH 3DUDPL (QHUJ\ *URXSÂśV FDSDELOLW\ DQG HQKDQFHV LWV H[SHULHQFH FRPPLWPHQW WR H[FHO OHQFH DQG VXVWDLQDELOLW\ LQ 0\DQPDUÂśV G\QDPLF EXVL QHVV HQYLURQPHQW 3DUDPL (QHUJ\ *URXS LV an “innovative company FRPPLWWHG WR WUDQVIRUP ing the typical Myanmar EXVLQHVV PRGHO ´ 7XQ VDLG “We believe that we can EH D EXVLQHVV WKDW PDNHV PRQH\ ZKLOH EHLQJ SUR IHVVLRQDOO\ FRQÂż GHQW LQ what we are doing in our VHFWRU DQG WKH FRPPXQL WLHV LQ ZKLFK ZH ZRUN ´

Parami Energy Group

I

n July, Parami Energy *URXS ZDV QDPHG E\ the Myanmar Center IRU 5HVSRQVLEOH %XVLQHVV 0&5% DV D WRS VRFLDOO\ UHVSRQVLEOH HQHUJ\ FRP SDQ\ LQ WKH FRXQWU\ 7KH UHFRJQLWLRQ LV SDUW RI 0&5%ÂśV 7UDQVSDU HQF\ LQ 0\DQPDU (Q WHUSULVH 7L0( UHSRUW ZKLFK LV EDVHG RQ SXEOL FDOO\ DYDLODEOH LQIRUPD tion provided on each FRPSDQ\ÂśV ZHEVLWH 7KLV UHFRJQLWLRQ GHP RQVWUDWHV WKDW 3DUDPL (Q HUJ\ *URXS LV SHUIRUPLQJ RQ SDU ZLWK HVWDEOLVKHG UHJLRQDO SHHUV LQ WHUPV RI WUDQVSDUHQF\ DQG VKRZV WKDW 0\DQPDU FRPSDQLHV SRVVHVV WKH DELOLW\ WR FRP SHWH RQ D JUDQGHU VFDOH GRPHVWLFDOO\ UHJLRQDOO\ DQG LQWHUQDWLRQDOO\ According to Parami Energy Group CEO Ken Tun, “We are committed WR H[FHHGLQJ WKH VWDQG DUGV RI WKLV SRVLWLRQ DQG ZH DUH VWULYLQJ WR EH QH[W \HDUÂśV QXPEHU RQH VRFLDO O\ UHVSRQVLEOH EXVLQHVV ´

RI WDUJHWHG ZRUNVKRSV PHDQW WR HGXFDWH GRPHV WLF EXVLQHVVHV DERXW WKH $(& DQG WR DVVLVW WKHP LQ ERRVWLQJ SURGXFWLYLW\ DQG FRPSHWLWLYHQHVV DQG FRQQHFWLQJ UXUDO EXVLQHVV ZLWK VXSSO\ FKDLQV 7KH FRPSDQ\ DOVR ERDVWV EHLQJ D JUHHQ FRP SDQ\ DQG VXSSRUWV HQYL URQPHQWDO LQLWLDWLYHV DQG KDV FRPPLWWHG WR SODQWLQJ WUHHV WKURXJK out the country by 2015 ZLWK RYHU WUHHV already planted in Kayin VWDWH VR IDU 7KH ¿ UP KDV DOVR UHVSRQGHG WR À RRG DQG ¿ UH YLFWLPV DQG LV ZRUNLQJ WR LQFUHDVH DF FHVV WR FOHDQ GULQNLQJ ZD WHU E\ EXLOGLQJ ZHOOV DQG KHOSLQJ PHGLFDO IDFLOLWLHV DQG VFKRROV LQ GHYHORSLQJ

3DUDPL (QHUJ\ *URXS &KLHI 2SHUDWLQJ 2I˃ FHU <DS .ZRQJ :HQJ

Myanmar Summary

Zlvikd v f twGi;f wGiyf g&rDprG ;f tif vkyif ef;tkypf o k nfjrefrmjynfwiG ;f wGiv f rl aI &;wm0ef,rl t I &Sq d ;kH pGr;f tifurk P Ăœ rD sm;xJrw S pfcjk zpfjrefrm wm0ef,al ompD;yGm;a&;vkyif ef;rsm; pifwm (MCRB) \a&G;cs,jf cif; udck cH &hJ onf/ MCRB \2014 ck ESpfjrefrmvkyfief;rsm;yGifhvif;jrif om&S d r I q d k i f & mtpD & if c H p mwG i f xnfhoGif;a&G;cs,fcH&jcif;jzpfNyD; ukrĂœPDwpfckcsif;pD\0ufqdkuf'f rsm;wGiftcsuftvufrnfrQwif jyxm;onf h t ay:tajccH a &G ; cs,jf cif;jzpfonf/ xdo k Ukd todtrSwjf yKjcif;aMumifh yg&rDpGrf;tifvkyfief;tkyfpkonf yGiv hf if;jrifomrIwiG af 'owGi;f em rnf & Nyd K if b uf v k y f i ef ; rsm;ES i f h wef;wlaqmif&GufEdkifNyD;jrefrm ukrP Ăœ rD sm;taejzifjh ynfwiG ;f ? a' owG i f ; ES i f h E d k i f i H w umwG i f y k d Ă­ us,fjyefUaomtwdkif;twmjzifh

pGrf;aqmifEdkifaMumif;jyovdkuf jcif;jzpfonf/ 2004 wGiw f nfaxmifcahJ om yg&rD\t"duvkyif ef;rsm;rSma&eH ESihf obm0"mwfaiGU? pGr;f tif? aqmufvyk af &;? bPfvyk if ef;ESihf tmrcHvkyfief;u@rsm;wGifjzpf Ny;D c&D;oGm;vkyif ef;ESihf tcrf;tem; pDpOfjcif;vkyfief;u@rsm;odkUyg vsijf refpmG csUJ xGiEf ikd cf o hJ nf/ }LI ZG8N RQI(LNG LI Z + XPU6 HPUQI &Su d rk P Ăœ BD urD sm;ESiyhf ;l aygif;rI trsm; tjym;jyKvyk Ă­ f a&eH ESihf obm0 "mwfaiGU &SmazGa&;vkyif ef;opfrsm; csUJ xGijf cif;rsm;aqmif&u G u f mEdik if H jzwfausmu f Rr;f usirf rI sm;udv k nf; toH;k csvsu&f o dS nf/ yg&rDprG ;f tiftyk pf o k nf½aI xmifh trsKd;rsKd;ĂźjrefrmEdkifiHwGifrwluGJ jym;aomukrĂœPDwpfcktjzpf&yf wnfaeonf/jrefrmEdik if yH iG v hf if; vmrIESifhtwlEdkifiHjcm;&if;ESD;jr§Kyf ESrH rI sm;twGut f "dua&G;cs,pf &m ae&mjzpfvmcJo h nf/

INVESTMENT & FINANCE

20 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Investors in Thailand: Maintain Contingency Plans

Thailand’s coup could spell future trouble for the country’s political stability and security situation. Investors would be wise to maintain contingency response plans in case the situation worsens. Such plans should involve pre-identifying specific events that trigger corresponding actions, the cultivation of relationships with local allies, and the development of a commercial intelligence program.

Nicholas Borroz

C

Myanmar Summary

tpOftvmt,ltqt&xdik f; EdkifiHwGif tmPmodrf;rIr sm;rSm rMumcPay:aygufavh&Ă­ Sd tjcm; EdkifiHrS tmPmodrf;rIrsm;avmuf qdk;&Gm;jcif;r&Sd[lí½IjrifMuonf/ xdkUaMumifh tmPmodrf;rIonf xdkif;EdkifiH\ wnfNidrfrItwGuf Ncdrf;ajcmufrIr&Sd[k ,lqjcif;jzpf onf/ĂžodYk]]tmPmodrf;rItay: aygh a ygh w ef w ef a wG ; jcif ; }}rSm tEĂ…&m,frsm;Ă­tajrmftjrifenf; &musNyD; txl;ojzifh &if;ESD;jr§KyEf rHS I ½I a xmif h rSM unf h v Qif j zpf o nf / tmPmodrf;rIwGif yg0ifolrsm; A protester is detained by Thai soldiers during an anti-coup demonstration in Bangkok. url aemufqHk;ay:aygufcJhaom them a leg up in imagining VKRXOG LW RFFXU 7KHVH vestment strategies, spearvtmPmodr;f rIrmS Edik if aH &;t& SRWHQWLDO VFHQDULRV DQG PHDVXUHV ZLOO DOVR OHW LQ cialising in energy-related d af erIukdumuG,&f ef GHYHORSLQJ UHVSRQVHV DO YHVWRUV LPSOHPHQW FDOFX infrastructure. He works xGuaf ygufyw ORZLQJ WKHP WR PRUH H̆HF ODWHG UHVSRQVHV LQ WLPHV for a DC-based risk con- vdktyfcsuft& aqmif&Guf&jcif; WLYHO\ WDUJHW SRWHQWLDO DOOLHV RI FULVLV UDWKHU WKDQ UHDFW sultancy and has previ- jzpfaMumif; ajymqdkaomfvnf; with whom to build rela in a haphazard, panicked ously worked for the US a&&Snw f iG rf l xdik ;f Edik if \ H oabm WLRQVKLSV 6XFK D SURJUDP IDVKLRQ $JDLQ LW LV E\ QR government in internaxm;uGJvGJrIrsm;tm; EdkifiHa&;t& GHSHQGV XSRQ D QHWZRUN PHDQV FHUWDLQ WKDW 7KDL WLRQDO D̆DLUV ZLWK D IRFXV RI ZHOO SODFHG LQGLYLGXDOV ODQGÂśV SROLWLFDO LQVWDELOLW\ on development, energy, ajz&Sif;Edkifajc&Sdjcif;tm; xdcdkuf ZKR SURYLGH LQVLJKW LQWR ZLOO LQFUHDVH RU WKDW IRU and economics. You can vmaprnfjzpfum vlrIa&;t& GHYHORSPHQWV LQ EXVLQHVV HLJQ FRPSDQLHV ZLOO QHHG reach him on Twitter at tqifhrwlnDrIrsm; ay:ayguf DQG SROLWLFDO DUHQDV ,W LV WR GUDVWLFDOO\ DOWHU WKHLU @NBorroz or on his blog, vmrnfjzpfonf/ ZLVH WR PDLQWDLQ D FRP RSHUDWLRQV DV D UHVXOW www.nicholasborroz. ,ckyifvQif xdik ;f Edik if w H iG f Edik if H mercial intelligence pro +RZHYHU WKH LQYHVWRU wordpress.com. a&;t& cG J j cm;cH x m;&onf [k The views and opinions JUDP FRQVLVWHQWO\ QRW MXVW WKDW GLVUHJDUGV VXFK D SR LQ WLPHV RI FULVLV VR DV WR WHQWLDO LV VHWWLQJ KLPVHOI expressed here are the au- cH p m;ae&aom vl x k t pd w f WUDQVFHQG EH\RQG UHDFWLYH XS WR EH FDXJKW Ă€DW IRRW thor’s own and don’t nec- W\GL N I %X ' UVP 6DG H1\M' ]SIXP }LI ZG< N HG VKRXOG WKH VLWXDWLRQ HVVDULO\ UHĂ€HFW 0\DQPDU \rauseyfrIrSmvnf; wdk;yGm;vm QHVV WR IRUHVLJKW Business Today’s editorial Adopting the above ZRUVHQ vsu&f o d S nf/ Nicholas Borroz is an opinion. PHDVXUHV ZLOO DOORZ LQ Reuters

RQYHQWLRQDO ZLV GRP GLFWDWHV WKDW FRXSV LQ 7KDLODQG DUH OHVV VHULRXV WKDQ LQ RWKHU FRXQWULHV EHFDXVH they occur there more IUHTXHQWO\ 7KH DUJXPHQW JRHV WKDW FRXSV WKHUHIRUH GRQÂśW SUHVHQW D WKUHDW WR 7KDLODQGÂśV VWDELOLW\ 7KLV ÂłFRXS FRPSODFHQF\´ LV GDQJHURXV DQG VKRUW VLJKWHG SDUWLFXODUO\ IURP DQ LQYHVWPHQW SHUVSHF WLYH $OWKRXJK SURSRQHQWV RI FRXSV VXFK DV WKH RQH WKDW RFFXUUHG ODVW 0D\ argue that they are nec HVVDU\ WR SUHYHQW SROLWL FDO GHDGORFNV LQ WKH ORQJ WHUP FRXSV PD\ EH XQGHU PLQLQJ 7KDLODQGÂśV DELO LW\ WR UHFRQFLOH GLVDJUHH PHQWV WKURXJK SROLWLFDO PHDQV WKHUHE\ GHHSHQ LQJ VRFLHWDO ULIWV There are already large VHJPHQWV RI WKH SRSXOD tion that feel politically alienated in Thailand, and WKHLU OHYHOV RI GLVVDWLVIDF WLRQ DUH JURZLQJ 7KHUH LV DOVR RQJRLQJ VHFWDU ian violence in Southern Thailand that, after a brief UHVSLWH KDV UH HVFDODWHG EDFN WR FODLPLQJ GR]HQV RI OLYHV HYHU\ PRQWK 7KDL DXWKRULWLHV UHSRUWHG IRU LQVWDQFH WKDW ERPE LQJV RFFXUUHG LQ LQ WKH VRXWK FRPSDUHG WR LQ %HWZHHQ WKHVH WZR ZHOO NQRZQ WURXEOHV DQG RWKHU VLP PHULQJ FRQFHUQV LQFOXG LQJ KLJK OHYHOV RI KXPDQ WUḊFNLQJ DQG JXQ PXU GHU UDWHV QRW DOO LV ZHOO LQ WKH Âľ/DQG RI 6PLOHVÂś ,W LV SUREDEOH WKDW 7KDL land will recover from WKLV FRXS DV LW KDV LQ WKH SDVW %\ VRPH LQGLFDWLRQV 7KDLODQG LV DOUHDG\ RQ WKH ULJKW WUDFN WRZDUGV UHJDLQLQJ VWDELOLW\ 7KH 0LQLVWU\ RI )LQDQFH UH FHQWO\ DQQRXQFHG SRVL WLYH H[SHFWDWLRQV IRU 7KDLODQGÂśV HFRQRPLF performance, an interim JRYHUQPHQW KDV EHHQ HV WDEOLVKHG DQG HOHFWLRQV DUH VHW EH KHOG QH[W \HDU ,W LV DOVR SRVVLEOH KRZ HYHU WKDW WKH FRXS LV D

temporary bandage that KDV GRQH OLWWOH WR DGGUHVV IXQGDPHQWDO GLOHPPDV ,I WKH ODWWHU LV WKH FDVH WKHQ ZRH EH WKH LQYHVWRU ZKR GLVFRXQWV WKH SRVVLELOLW\ of a deterioration in Thai ODQGœV SROLWLFDO ULVN DQG VHFXULW\ HQYLURQPHQW $V VXFK LQYHVWRUV LQ 7KDL ODQG VKRXOG GHYHORS FRQ WLQJHQF\ UHVSRQVH SODQV that include the following WKUHH HOHPHQWV ,QYHVWRUV VKRXOG VSH FL¿FDOO\ LGHQWLI\ WULJJHUV WKDW MXVWLI\ FRUUHVSRQG LQJ DFWLRQV )RU LQVWDQFH VKRXOG ZLGHVSUHDG YLR lence emerge in Thailand, LW PD\ EHFRPH QHFHVVDU\ to carry out a compre KHQVLYH H[¿OWUDWLRQ SODQ WKDW HQWDLOV HYDFXDWLRQ RI SHUVRQQHO DQG PRQHWL VDWLRQ RI SK\VLFDO DVVHWV WKLV ODWWHU DFWLRQ ZLOO EH FRPH PRUH GL̇FXOW WKH ORQJHU DQ LQYHVWRU GHOD\V JLYHQ WKDW DVVHW OLTXLG LW\ GHFOLQHV LQ WLPHV RI FULVLV +RZHYHU VKRXOG WKH XQUHVW UHPDLQ ODUJHO\ FRQ¿QHG WR VWUXJJOHV IRU SROLWLFDO OHDGHUVKLS WKDW KDYH OLWWOH LPSDFW RQ EXVL QHVV D KXQNHULQJ GRZQ DSSURDFK WKDW VLPSO\ GRZQVL]HV RSHUDWLRQV PD\ EH PRUH DSSURSULDWH ,QYHVWRUV VKRXOG FXO WLYDWH UHODWLRQVKLSV ZLWK Ṙ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¿OOHG ZLWK PHPEHUV RI WKH ZLQQLQJ IDFWLRQ ,QYHVWRUV VKRXOG PDLQ tain commercial intelli JHQFH SURJUDPV 7KLV JLYHV

YHVWRUV WR EHWWHU DQWLFL pate turmoil in Thailand,

independent analyst of energy geopolitics and in-

21 Myanmar Business Today

INVESTMENT & FINANCE

August 28-September 3, 2014

mmbiztoday.com

China Flounders in Myanmar while India Glides Major Chinese infrastructure projects in Myanmar keep hitting snags

Jacob Goldberg

Myanmar Summary

O

Q -XO\ 0\DQ PDUœV 0LQLVWU\ RI 5DLO 7UDQVSRUWD tion announced the can cellation of an agreement ZLWK WKH &KLQHVH JRYHUQ ment to build a railway connecting Kunming in China to Kyaukpyu in 5DNKLQH VWDWH 0LQLVWU\ director Myint Wai attrib uted the cancellation to SXEOLF RSSRVLWLRQ &KLQDœV DPEDVVDGRU WR Myanmar Yang Houlan FRXQWHUHG WKH PLQLVWU\œV FODLP VD\LQJ LQ D -XO\ SUHVV FRQIHUHQFH WKDW the project would pro FHHG ZLWK WKH VXSSRUW RI the Myanmar govern PHQW DQG SHRSOH +H DOVR FODLPHG WKH RSSRVLWLRQ WR WKH SURMHFW KDV EHHQ RYHU VWDWHG E\ WKH 0\DQPDU JRYHUQPHQW ³$FFRUGLQJ WR RXU VWXG\ ZHœYH KHDUG QR YRLFHV DJDLQVW WKH SURMHFW ´ <DQJ VDLG ³0RVW RI WKH ORFDOV VXSSRUW WKH SURMHFW ´ 7KH NLORPHWHU ORQJ .XQPLQJ .\DXN\X UDLOZD\ SURSRVHG LQ D 2011 MoU between the &KLQHVH DQG 0\DQPDU JRYHUQPHQWV ZRXOG KDYH followed the route of an H[LVWLQJ SLSHOLQH WKDW FRQ QHFWV JDV ¿HOGV LQ WKH $Q GDPDQ 6HD WR UH¿QHULHV QHDU .XQPLQJ 7KH EXON RI WKH ELO OLRQ FRVW RI WKH SURMHFW ZDV WR EH ERUQH E\ WKH China Railway Engineer LQJ &RUSRUDWLRQ &5(& In exchange, the CREC would have retained man DJHPHQW ULJKWV RYHU WKH UDLOZD\ IRU \HDUV

“

U Aung/Xinhua

Zlvdkifv 18 wGif &ckdifjynfe,f ausmufjzLrS w½kwfEdkifiH ulrif; odkY qufoG,frnfh &xm;vrf; wnfaqmufrnfhtpDtpOfz suf odr;f aMumif; jrefrm&xm;ydkaY qmif a&;0efBuD;Xmeu aMunmvdkuf NyD; vlxk\ qefYusifrIaMumifhjzpf aMumif; 0efBuD;XmerS OD;ĂąGefYa0 u qdkonf/ w½kwfoHtrwfurl vlxku qefUusifjcif;qdkonfrSm jrefrm tpd k ; &u csJ U um;ajymjcif ; jzpf aMumif; wkefYjyefajymMum;um vlxkESifh tpdk;&\ axmufcHrIjzifh ,if;pDru H ed ;f udk a&S UqufomG ;rnf jzpfaMumif; Zlvikd f 25 wGif wkefjY yef ajymMum;vdu k o f nf/ uDvkd 1ç215 &Snfvsm;aomausmufjzL-ulrif; &xm;vrf ; udk w½kwfE Si fh j ref r m tpd;k &wdt Yk Mum;2011 em;vnfrI pmcRefvTmjzifh oabmwlnDxm; jcif;jzpfNyD; tuf'refyifv,frS Indian Minister of External Affairs Sushma Swaraj attends the 4 (DVW $VLD 6XPPLW ($6 )RUHLJQ 0LQLVWHUVÉ— 0HHWLQJ DW 0\DQPDU ,QWHUaeĂ­ulrif;teD;odo Yk , G w f ef;xm; national Convention Center (MICC) in Nay Pyi Taw. India is stepping up efforts to engage more closely with Myanmar in a bid to gain trade access to the ASEAN region. onfh *wfpfydkufvdkif;wpfavQmuf the railway would have ZLWK ,QGLDÂśV QRUWKHDVW 0\DQPDU DOVR SOHGJHG WR FODLPV WKDW WKH\ VHUYHIRU wnfaqmuf&ef&nf&G,fjcif;jzpf SDVVHG KDYH SURWHVWHG WKH VWDWHV DSSHDU WR EH PDN proceed with the creation HLJQLQWHUHVWV PRUH WKDQ onf/ FRQVWUXFWLRQ RI WKH SLSH LQJ SURJUHVV HYHQ LQ WKH RI D KLJKZD\ EXV URXWH WKH SHRSOH RI 0\DQPDU em;vnfrIpmcRefvTma&;xdk;NyD; that will connect Moreh OLQH DV ZHOO DV WKH UDLOZD\ IDFH RI ORFDO RSSRVLWLRQ According to Madhurjya aemuf oHk;ESpftwGif; vlxk\ )LUVW WKH .DODGDQ 0XO LQ ,QGLDÂśV 0DQLSXU 6WDWH Kamar Dutta, program citing environmental and WL 0RGDO 7UDQVLW 7UDQV WR 0DQGDOD\ 7KH SURMHFW manager for trade and qef Y u sif rI a Mumif h &xm;vrf ; VRFLDO FRQFHUQV *URXSV LQ 5DNKLQH DOVR port Project, which will LV VHW WR EH FRPSOHWHG LQ LQYHVWPHQW IDFLOLWDWLRQ DW aqmuf v k y f a &;pD r H u d e f ; rSm RSSRVH WKH SUDFWLFH RI FRQQHFW ,QGLDÂśV 0L]RUDP 2FWREHU WKH 0HNRQJ ,QVWLWXWH IRU aESmifhaES;cJhNyD; &xm;vrf;jzwf -HDQ 0DUF %U€Op FKDLU Development and Coop oef;oGm;&ma'orsm;&Sd a'ocH exporting local natural 6WDWH WR D GHHS VHD SRUW LQ UHVRXUFHV RXW RI 5DNKLQH 6LWWZH LV SURMHFWHG WR EH man of the environmental HUDWLRQ WKH 0RUHK 0DQ rsm;ESifhEdkifiHa&;ygwDrsm;?vlrIa&; ,1*2 *UHHQ /RWXV WROG dalay highway will bring tzG J U tpnf ; rsm;onf obm0 FRPSOHWHG E\ WHUULWRU\ 7KH SURMHFW FRQVLVWV RI Myanmar Business To- HFRQRPLF RSSRUWXQLW\ DV The cancellation of ywf0ef;usifESifhvlrIa&;xdcdkufrI WKH .XQPLQJ .\DXNS\X IRXU VWDJHV 7KH ÂżUVW VWDJH day WKDW DQ DVVHVVPHQW RI ZHOO DV SHRSOH WR SHRSOH k pf Ju G m qE´jycJMh uonf/ SURMHFW IROORZV D JURZ ZLOO H[SDQG 6LWWZHÂśV SRUW the environmental impact connectivity between My rsm;udk udi w½k w f p D r H u d e f ; rsm;rSm jref r m LQJ WUHQG RI RSSRVLWLRQ facility to accommodate of the highway cannot yet DQPDU DQG ,QGLDÂśV QRUWK WR &KLQHVH LQYHVWPHQW LQ ODUJH FDUJR VKLSV 7KH VHF be made given the current HDVWHUQ VWDWHV IXOÂżOOLQJ EdkifiHwGif vlxk\ uefYuGufrIrsm; 0\DQPDUÂśV LQIUDVWUXF RQG VWDJH ZLOO ZLGHQ WKH ÂłFRQFUHWH FRQVHTXHQFHV VHYHUDO DLPV RI ,QGLDÂśV qufwu kd Bf uKH ae&csed Ăźf jrefrmESifh WXUH ,Q RSSRVLWLRQ Kaladan River in Rakhine RQ WKH JURXQG ´ /RRN (DVW SROLF\ tdE´d,ta&SUajrmufydkif;jynfe,f +RZHYHU %U€Op DGGHG WR WKH PXOWL ELOOLRQ GRO DQG &KLQ VWDWHV WR VHUYH Âł7KH 0RUHK 0DQGDOD\ rsm;udk qufpyfay;rnfh pDrHudef; ODU 0\LWVRQH K\GURHOHF DV DQ LQODQG ZDWHUZD\ Âł%XLOGLQJ ḢFLHQW LQIUD +LJKZD\ LV VLJQLÂżFDQW DV rsm;rSmrl a'ocHrsm;\uefu Y u G rf I WULF GDP DQRWKHU &KLQHVH WUDQVSRUW V\VWHP IRU FDU VWUXFWXUHV DEOH WR EULQJ it will complete one of the d nfw h ikd f qufvufwk;d wuf SURMHFW SURPSWHG 3UHVL JR VKLSV 7KH WKLUG SKDVH DORQJ LQFRPHV DQG MREV PRVW LPSRUWDQW PLVVLQJ rsm;&So vs u f & S d o nf / GHQW 7KHLQ 6HLQ WR VXV will connect Paletwa in LV QRW LQFRPSDWLEOH ZLWK OLQNV LQ WKH HQWLUH $VLDQ yxrqHk;taejzifh ukvm;wef Chin State to the border WKH SUHVHUYDWLRQ RI WKH Highway network and HQYLURQPHQW RQ D ORQJ ZLWK 0L]RUDP 7KH IRXUWK ZLOO SURYLGH D VLJQLÂżFDQW jrpf aMumif;o,f,lydkYaqmifa&; The fact that both Indian and SKDVH ZLOO H[WHQG ,QGLDÂśV WHUP SHUVSHFWLYH %XW RXU ERRVW WR WUDGH WRXULVP bufpHkjr§ifhwifa&;pDrHude;fjzpfNyD; Chinese infrastructure projects in 1DWLRQDO +LJKZD\ V\VWHP IHHOLQJV DUH WKDW WKH PRVW DQG WUDQVSRUWDWLRQ EH td Ed´ , \ rD Z d k & rf j ynf e ,f ESifh WKH ,QGLD 0\DQPDU ERU XUJHQW LQIUDVWUXFWXUHV LQ tween Thailand and the Myanmar have faced public oppo- GHU WKLV FRXQWU\ >VKRXOG EH@ ODQGORFNHG SDUWV RI $VLD ppfawG&Sd a&eufqdyfurf;wdkUudk G rf nfjzpfum 2015 wGif *URXSV VXFK DV WKH WKH RQHV FRQFHUQLQJ WKH LQFOXGLQJ WKH QRUWKHDVW UH qufo, sition, while India’s projects have Kaladan Movement in QHHGV RI 0\DQPDU SHRSOH JLRQ RI ,QGLD ´ VDLG 'XWWD tNy;D owfEikd rf nf[k &nf&, G x f m; H ed ;f rSm tqifah v; remained intact, may suggest that the Rakhine State and the >UDWKHU WKDQ@ WKH QHHGV RI Âł7KH URDG LV SDUW RI WKH onf/,if;pDru &KLQ +XPDQ 5LJKWV 2U ZHVWHUQ FRXQWULHV ´ SODQ WR RSHQ WKH Âľ,QGLD qif h y g0if N yD ; yxrtqif h w G i f Myanmar government has chosen India JDQL]DWLRQ KDYH UDLVHG The fact that both In Mekong Corridor’ to link ppfawGqdyfurf;Ăź ukefoabFm alarm about the Kaladan GLDQ DQG &KLQHVH LQIUD ,QGLD ZLWK WKH QHZ $VLDQ to pick up where China has been forced project due to the lack of VWUXFWXUH SURMHFWV LQ 0\ 7LJHU HFRQRPLHV RI ,QGR BuD;rsm; qdkufuyfEdkif&ef jr§ifhwif impact anmar have faced public &KLQD 7KXV LW PDUNV WKH rnfjzpfonf/ 'kwd,tqifhwGif to leave off.â€? environmental DVVHVVPHQWV WKURXJKRXW RSSRVLWLRQ ZKLOH ,QGLDÂśV opening of a new eco ukvm;wefjrpfaMumif;udk oabFm BuD;rsm;oGm;vmEdkif&ef csJUxGifrnf WKH SODQQLQJ SURFHVV DQG SURMHFWV KDYH UHPDLQHG QRPLF ]RQH ´ +RZHYHU GHVSLWH WKH jzpf o nf / wwd , tqif h w G i f ,Q WKH WKUHH \HDUV VLQFH SHQG WKH SURMHFW LQGHÂż WKH DEVHQFH RI DQ\ H̆RUW LQWDFW PD\ VXJJHVW WKDW by either the Indian or the Myanmar govern apparent imbalance of csif;jynfe,frS yvuf0ESifh rDZdk&rf WKH 0R8 ZDV VLJQHG SXE QLWHO\ :KLOH &KLQHVH SURMHFWV Myanmar government to PHQW KDV FKRVHQ ,QGLD WR EHQHÂżWV R̆HUHG E\ WKHVH wdYkudk quf o G , f r nf j zpf o nf / OLF RSSRVLWLRQ WR WKH UDLO ZD\ SURMHFW KDV KDPSHUHG LQ 0\DQPDU DUH FRQVLVW FRQVXOW ZLWK SRSXODWLRQV SLFN XS ZKHUH &KLQD KDV ,QGLD IXQGHG SURMHFWV pwkwÂŹtqifhrSm tdE´d,EdkifiH\ WKHUH LV QR LQGLFDWLRQ WKDW DOO SURJUHVV RQ FRQVWUXF ently falling prey to public living along the route of EHHQ IRUFHG WR OHDYH R̆ ,W LV FOHDU WKDW SURMHFWV WKHVH SURMHFWV ZLOO PHHW trsKd;om; ta0;ajy;vrf;pepfudk WLRQ 3ROLWLFDO SDUWLHV DQG GLVDSSURYDO VHYHUDO LQ WKH SURMHFW d´ jrefrme,fpyfokdY csw d q f uf (DUOLHU WKLV PRQWK WKH funded by both India and WKH VDPH IDWH DV &KLQDÂśV tdE, FLYLO VRFLHW\ JURXSV LQ 5D IUDVWUXFWXUH SURMHFWV WKDW &efjzpfonf/ NKLQH VWDWH WKURXJK ZKLFK will connect Myanmar JRYHUQPHQWV RI ,QGLD DQG China have been met with KDYH th

INVESTMENT & FINANCE

22 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

New Media Laws: Creating a Legal Basis for Media Freedom in Myanmar Stefanie Siegfried

Myanmar Summary

I

PHQW WR VWRS RXWOHWV IURP SXEOLVKLQJ +RZHYHU WKH SXQLVKPHQWV IRU SXEOLVK HUV DQG MRXUQDOLVWV QRW LQ compliance with the law have been reduced from MDLO WHUPV WR ÂżQHV %RWK ELOOV KDG WR JR through a long review SURFHVV DQG DPHQGPHQWV EHIRUH JHWWLQJ WKH ÂżQDO DSSURYDO DQG UHVXOWHG LQ WZR PLQGHG UHDFWLRQ LQ WKH HQG %\ GUDIWLQJ WKH

,ckESpf yxroHk;vywftwGif; jrefrmvTwfawmfonf rD'D,m vGwfvyfcGifh aqmifMuOf;ay;rnfh yxrqHk;Oya'udk usifhoHk;rnf[k aMunmcJo h nf/ odk&Y mwGif rD', D m Oya'Murf;ESifh ,ckESpftapmydkif; twG i f ; twnf j yKvd k u f a om yHkESdyfxkwfa0olr sm;Oya'Murf; rsm;rS m tpd k & tm; xk w f a 0ol vdkifpifrsm;udk wpfzufowf½kwf odrf;ydkifcGifh odkYr[kwf y,fz suf ydkifcGifhtmPmrsm;ay;xm;onf/ ĂžOya'Murf;ESpcf t k m; jy|mef; Edkifa&;rSm Oya't& jyefvSef oHk;oyfrIESifh vTwfawmfESpf&yfwdkY u jyifqifrIrsm; jyKvkyfaejcif; aMumifh aESmifhaES;rIrsm;BuHKawGU ae&NyD; trsm;aqG;aEG;jiif;cHkp&m ud p Ăś w pf & yf v nf ; jzpf a eonf / Ăžxd v G , f & S v G , f j yĂłemES i f h qufpyfaeaomOya'Murf;ESpfck rSm wif;usyfaomqifqmpdppf jzwf a wmuf r I u mvqd k ; BuD ; rMumrD u rQ ajzavQmh cJ h a om EdkifiH\yHkESdyfrD'D,mtay: ouf a&muf r nfh O ya'rsm;jzpf a om aMumifh tjiif;yGm;zG,fjzpfaejcif; jzpfonf/ rD'D,mOya'Murf;[k trnf&aomOya'rSm jynfwGif; rD'D,mrsm;ESifhukrĂœPDr sm;\vkyf ief;rsm;qdkif&m &ydkifcGifhESifhwm0ef rsm;udk tMurf;csjy&ef &nf&G,f xm;onf/ tpdk;&u cefYtyfxm;

Contd. P 23...

Contd. P 23...

U Aung/Xinhua

Q WKH ÂżUVW TXDUWHU RI WKLV \HDU 0\DQ PDUÂśV SDUOLDPHQW DQ nounced the adoption RI WKH FRXQWU\ÂśV ÂżUVW ODZ WKDW EULQJV QHZ PHGLD freedom into the coun WU\ +RZHYHU WKH 0H GLD %LOO DQG WKH 3ULQWHUV DQG 3XEOLVKHUV 5HJXOD WLRQ %LOO ZKLFK ZHUH DOVR SDVVHG HDUOLHU WKLV \HDU VWLOO OD\ WKH SRZHU WR WKH government for withhold LQJ RU UHYRNLQJ SXEOLVK LQJ OLFHQFHV XQLODWHUDOO\ 7KH WZR ELOOV KDYH EHHQ D PDWWHU RI GHEDWH DV WKH SDVVLQJ KDV EHHQ GHOD\HG GXH WR WKH ORQJ OHJLVODWLYH UHYLHZ SURFHVV DV ZHOO DV WKH DPHQGPHQWV PDGH by the lower and upper KRXVHV RI SDUOLDPHQW 7KH WZR ELOOV FRQFHUQLQJ WKLV VHQVLWLYH WRSLF LQ 0\DQ PDU DUH FRQWURYHUVLDO EH FDXVH WKH\ ZLOO OHJLVODWH the print media in a coun WU\ WKDW KDV RQO\ UHFHQWO\ GURSSHG LWV VWULFW FHQVRU VKLS UHJLPH 7KH ÂżUVW ELOO QDPHO\ WKH Âľ0HGLD %LOOÂś LV LQWHQGHG WR RXWOLQH WKH ULJKWV DQG REOLJDWLRQV RI WKH FRXQ WU\ÂśV PHGLD DQG WKH RS HUDWLRQV RI PHGLD FRPSD QLHV ,W ZDV GUDIWHG E\ WKH JRYHUQPHQW DSSRLQWHG 0\DQPDU 3UHVV &RXQFLO 03& ZKLFK DGYRFDWHV VHOI FHQVRUVKLS DQG FRP

Workers arrange pages of the International Herald Tribune newspaper in Yangon, Myanmar. The International Herald Tribune became the YHU\ ˃UVW LQWHUQDWLRQDO QHZVSDSHU SULQWHG DQG GLVWULEXWHG LQ 0\DQPDU LQ 6HSWHPEHU ODVW \HDU DV WKH IRUPHU SDULDK FRXQWU\ OHW JR LWV LURQFODG on media.

SULVHV PRVWO\ ZRUNLQJ MRXUQDOLVWV 7KH VHFRQG ELOO WKH VR FDOOHG Âľ3ULQW HUV DQG 3XEOLVKHUV 5HJX ODWLRQ %LOOÂś ZDV GUDIWHG E\ WKH 0LQLVWU\ RI ,QIRUPD WLRQ DQG UHTXLUHV DOO PH GLD FRPSDQLHV WR UHJLVWHU ZLWK WKH JRYHUQPHQW )XUWKHUPRUH WKH ELOOV EDQ SXEOLFDWLRQV ZLWK LQ VXOWLQJ FRQWH[W UHJDUGLQJ UHOLJLRQ GLVSOD\LQJ QXGL ty, undermining the “rule of lawâ€? or harming ethnic XQLW\

$OWKRXJK LQ -XO\ ODVW \HDU WKH 3ULQWHUV DQG 3XEOLVKHUV 5HJLVWUD WLRQ %LOO ZDV SDVVHG E\ WKH /RZHU +RXVH LW ZDV amended by the Upper +RXVH DQG ZDV ÂżQDOO\ SDVVHG E\ WKH 8QLRQ 3DU OLDPHQW LQ 0DUFK Due to the opening of the country, and the im portance of international UHODWLRQV WR 0\DQPDU FRQVLGHUDWLRQ WRZDUGV WKH bill have been made that VXFK OHJLVODWLRQ LV DOVR

needed to be reviewed in accordance with interna WLRQDO VWDQGDUGV )XUWKHU GLVFXVVLRQV RQ WKH GUDIW were held between the %LOO &RPPLWWHHœV PHP EHUV H[SHUWV IURP WKH ,QIRUPDWLRQ 0LQLVWU\ DQG ṘFLDOV IURP WKH $WWRUQH\ *HQHUDOœV 2̇FH $JDLQVW SURWHVWV E\ MRXU QDOLVWV IRU D 3UHVV /DZ WKDW HQVXUHV WKH IUHHGRP RI H[SUHVVLRQ IRU MRXUQDOLVWV WKH ¿QDO GUDIW UHPDLQV the power of the govern

23 Myanmar Business Today

PROPERTY & REAL ESTATE

August 28-September 3, 2014

SPS Touts Making Yangon Realty Investment “a Breeze� Kyaw Min

Wai Linn Kyaw

P

URSHUW\ FRQVXOWDQF\ ¿UP 636 0\DQPDU VDLG LW H\HV WR EDQN RQ 0\DQPDUœV ERRPLQJ UHDO HVWDWH PDUNHW WRXW LQJ ³SURIHVVLRQDO DQG EH VSRNH FRQVXOWDQF\´ RQ <DQJRQ UHDO HVWDWH LQFOXG ing development advice, valuation and market re VHDUFK A wing of Singapore EDVHG 6ODGH 3URSHUW\ 6HU YLFHV $VLD 3WH /WG 636 0\DQPDU ZDV LQFRUSRUDW HG WKLV \HDU LQ 0DUFK 7KH company owner Hugo 6ODGH LV D 5,&6 5R\DO ,Q VWLWXWH RI &KDUWHUHG 6XU YH\RUV DFFUHGLWHG VXU veyor backed by a decade of experience in property DGYLVRU\ ZLWK D IRFXV RQ WKH $VLDQ PDUNHW 636 VDLG 7KH ¿UP VDLG LWœV WKH commercial realty which LV WKH IRUWH IRU 636 \HW LW DOVR ORRNV DIWHU WKH UHVL GHQWLDO VHFWRU ZKLOH SUR YLGLQJ VHUYLFHV IRU WKRVH DVSLULQJ D SRWHQWLDO IRUD\ into the perplex Myanmar SURSHUW\ VHFWRU ³:H XQGHUVWDQG WKDW 0\DQPDU IHDWXUHV D YHU\ FRPSOLFDWHG UHDOW\ VHF WRU WKDW GHPDQGV H[SHUW JXLGDQFH IRU WKH DVSLULQJ LQYHVWRUV KHUH &OLHQWV FDQ WUXVW RQ XV DV WKHLU reliable Yangon property FRQVXOWDQW ZKR ZLOO JXLGH WKHP DW HYHU\ VWHS ZKHQ they are eager to make their mark in the city re DOW\ ³:H DUH DEOH WR VXSSRUW RXU FOLHQWV ZLWK WKH PRVW YDOXDEOH SURSHUW\ LQYHVW PHQW DGYLFH FXVWRPLVHG DV SHU VSHFL¿F QHHGV ´ VDLG D VHQLRU VSRNHVSHU VRQ IURP 6ODGHœV WHDP SPS Myanmar, which FODLPV WR EH LQWHUQDWLRQ ally accredited to perform

Workers at a construction site in Yangon.

Yangon property valu DWLRQ VDLG LW LV R̆HULQJ D UDQJH RI FRQVXOWDQF\ VHUYLFHV HQFRPSDVVLQJ HYHU\ DVSHFW RI <DQJRQ UHDO HVWDWH LQFOXGLQJ FRP PHUFLDO UHDO HVWDWH OHDVLQJ DV ZHOO DV LQYHVWPHQW EUR NHUDJH 7KH OHDVLQJ VHUYLFH LV DYDLODEOH IRU ERWK WHQDQWV DQG ODQGORUGV 636 VDLG Âł:H DUH UHDG\ WR VXSSRUW you in any of your prop HUW\ LQYHVWPHQW QHHGV KHUH :H DUH VHDVRQHG WR extend development ad YLFH LQFOXGLQJ VLWH LGHQWL ÂżFDWLRQ DQDO\VLV PDUNHW UHVHDUFK VLWH DFTXLVLWLRQ property valuation, creat LQJ GHYHORSPHQW VWUDWHJ\ market targeting, project SRVLWLRQLQJ ÂżQDQFLDO DS SUDLVDO UHDOW\ PDUNHWLQJ OHDVLQJ DQG GLVSRVDO ´ VDLG WKH 636 0\DQPDU PDQDJHU

Myanmar Summary

tdrfjcHajrtwdkifyifcHvkyfief; SPS Myanmar onf jrefrm Ed k i f i H \ ayguf u G J z G H U Nzd K ;aeaom tdrfNcHajraps;uGufudk rsufpdus vsuf&SdNyD; zGHUNzdK;rItBuHay;jcif;? aps;EI e f ; tuJ j zwf j cif ; ES i f h a ps; uG u f o k a woewdk Ytygt0if ynm&Siq f efrEI iS u hf u G w f cd sed u f u kd f tMuHjyKrIwdkYudk &efukeftdrfNcHajr aps;uGufxH ,laqmifvmrnf[k aMumfjimvsuf&Sdonf/ pif u myl t ajcpd k uf Slade Property Services Asia Pte Ltd \ vkyfief;cGJwpfckjzpfom SPS Myanmar udk ,ckESpf

rwfvtwGif; wnfaxmifcJhjcif; jzpfum ukrĂœPDydkif&Sif Hugo Slade rSm RICS todtrSwfjyK qef;ppfavhvmoljzpfum tdrfNcH ajrtBujH yKvyk if ef;wGif tm&Saps;

uGufrsm; txl;jyKí q,fpkESpf wpfckpm tawGUtBuHK&Sdxm;ol vnf;jzpfonf/ pD;yGm;a&;vkyfief;oHk; tdrfNcHajr a&mif;0,frIrSm SPS \ t"du vkyif ef;jzpfaomfvnf; vlaetdrNf cH ajru@udkvnf; udkifwG,fNyD; jrefrmEdkifiH\½IyfaxG;aomtdrfNcH ajru@odk Y ajrprf ; c&rf ; ysKd ; 0ifa&mufvkyfudkif&ef BuH&G,fae olrsm;tm;vnf; tBuHay;vsuf &Sdonf/ &efukef\tdrfNcHajraps;uGufudk aps;EIef;tuJjzwf&ef EdkifiHwum tod t rS w f j yKcH x m;&onf [ k qdkaom SPS onf vkyfief;oHk; tdrfNcHajriSm;&rf;rIrSonf &if;ESD; jr§KyfESHrIrsm;twGuf twdkifyifcH nd§EdIif;ay;jcif;txd u@pHktm; vTr;f NcKH í0efaqmifrrI sm;ay;vsuf &Sdonf/

mmbiztoday.com From page 22... WZR ELOOV LW ZDV LQWHQGHG WR H[SUHVV RSWLPLVP RI WDNLQJ VWHSV WRZDUGV WKH protection of media free GRPV ZKLOH VDIHJXDUG LQJ WKH LQWHUHVWV RI WKH UDSLGO\ UHIRUPLQJ QDWLRQ :KLOH WKH 0HGLD %LOO ZDV drafted by the MPC, the 3ULQWHUV DQG 3XEOLVK HUV 5HJLVWUDWLRQ %LOO ZDV GUDIWHG WR WKH H[FOXVLRQ RI DQ\ MRXUQDOLVW JURXS $OWKRXJK 0\DQPDUÂśV 3UHVLGHQW 7KHLQ 6HLQ WRRN PHDVXUHV VXFK DV VKXW WLQJ GRZQ 0\DQPDUÂśV FHQVRUVKLS ERDUG DQG granting private daily QHZVSDSHUV WKH ULJKW WR SXEOLVK IRU WKH ÂżUVW WLPH LQ \HDUV LW VHHPV OLNH D IHZ PRUH VWHSV KDYH WR EH WDNHQ WR HQVXUH WKH JDLQV for freedom of media and WR LPSOHPHQW ODZV WR SUR WHFW WKLV IUHHGRP 0RUHR YHU WKH FRXQWU\ LV LQ QHHG RI IXUWKHU ODZV IRU WKH media, including regula WLRQV IRU EURDGFDVWLQJ ÂżOP DQG WKH XVH RI OLEUDU LHV )XUWKHUPRUH WKHUH DUH DOVR FRQFHUQV IURP LQWHUQDWLRQDO VLGHV WKDW claim lacking compliance RI WKH SDVVHG 0HGLD Law with international VWDQGDUGV RQ IUHHGRP RI H[SUHVVLRQ DQG PHGLD IUHHGRP $OWKRXJK WKH Media Law introduced VRPH JXDUDQWHHV IRU PH GLD IUHHGRP VXFK DV WKH SURKLELWLRQ RI FHQVRUVKLS and the recognition of VSHFLÂżF ULJKWV IRU MRXUQDO LVWV DQG SRVLWLYH DWWHPSWV in the right direction have been made, the govern PHQW VKRXOG EH HQFRXU aged to build upon the SRVLWLYH HOHPHQWV RI WKH ODZ ,QWHUQDWLRQDO JURXSV DOVR VXSSRUW WKH VWHS WR ratify the International Covenant on Civil and 3ROLWLFDO 5LJKWV ,&&35 DV ZHOO DV UHIRUPLQJ WKH current Media Law in or GHU WR HQVXUH LWV FRPSOL ance with international VWDQGDUGV RQ IUHHGRP RI H[SUHVVLRQ Foreign media compa QLHV VHHP WR EH PRUH DQG

PRUH LQWHUHVWHG LQ WKH PHGLD ODQGVFDSH RI 0\ DQPDU $ FXUUHQW H[DPSOH IRU WKH JURZLQJ LQWHUHVW RI IRUHLJQ PHGLD HQWHUSULVHV LV WKH $XVWULDQ FRPSDQ\ META Communication International GmbH that ZRUNV LQ FORVH SDUWQHUVKLS with local media to extend LWV PHGLD VHUYLFHV IRU LWV LQWHUQDWLRQDO FOLHQWV E\ gaining a foothold in My DQPDU 7KLV VKRZV DOVR the need for the creation RI D OHJDO EDVLV IRU PHGLD freedom and freedom of H[SUHVVLRQ IRU ORFDO DQG IRUHLJQ PHGLD FRPSDQLHV WKDW VKRXOG DOVR PHHW LQ WHUQDWLRQDO VWDQGDUGV Strohal Legal Group 6/* LV D ODZ ¿UP RIfering highly personalised services specialising in international and cross border business. SLG enjoys a well-established reputation across Europe, Southeast Asia and the Middle East. In Myanmar, SLG provides services under the name U Min Sein & Strohal Associates Law Firm. The views and opinions expressed here are the author’s own and do not QHFHVVDULO\ UHÀHFW 0\anmar Business Today’s editorial opinion. From page 22...

NyD ; ud k , f w d k i f q if q mpd p pf rI ukd axmuf c H Ă­ vuf &Sd v k y f u d k i f a e aom pme,fZif;orm;trsm;pk yg0if a om jref r mpme,f Z if ; aumifpDu ,if ; Oya'Murf ; ud k a&;qG J x m;jcif ; jzpf o nf / yH k E S d y f ? xk w f a 0ol r sm;Oya'Murf ; [k trnf&aomOya'rSm jyefMum; a&;0efBuD;Xmeu a&;qGJxm;jcif; jzpfNyD; rD'D,mukrĂœPDrsm;tm;vHk; tm; 0efBuD;XmewGif rSwfyHkwif &ef owfrw S x f m;onf/ ĂžOya' Murf ; rsm;wG i f bmoma&;ES i f h rnDĂąGwfaom? npfnrf;rIrsm; yg0ifaom? w&m;Oya'pdk;rdk;a&; odkYr[kwf wdkif;&if;om;pnf;vHk; nD Ăą G w f a &;udk xd c d k u f a paom taMumif ; t&mrsm;udk jzwf awmufw m;jrpf r nf [k qd k x m; onf/

PROPERTY & REAL ESTATE

24 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Q&A: Your Property Finder (YPF) Managing Director Charm May Thu Wai Linn Kyaw

MBT: +RZ GR \RX XWLOLVH WKH LQWHUQHW DQG VRFLDO PHGLD WR VHOO KRPHV" CMT: 7KH LQWHUQHW LV D modern marketing tool ZKLFK DOO VW FHQWXU\ UHDO HVWDWH SURIHVVLRQDOV FDQQRW D̆RUG WR LJQRUH :H XVH DOO VRUWV RI VRFLDO PHGLD SODWIRUPV VXFK DV Facebook, LinkedIn and 7ZLWWHU :H KDYH ORWV RI )DFHERRN SDJHV IRU GL̆HU HQW SURSHUW\ SURMHFWV DQG DOVR QHHG D GHGLFDWHG VWD̆ both in Singapore and <DQJRQ RQO\ WR KDQGOH VR FLDO PHGLD :H DUH UHDOO\ VHULRXV about our online market LQJ :H UHO\ RQ D ORW RI HQ TXLULHV DQG OHDGV JHQHUDW HG IURP WKH VRFLDO PHGLD 2IWHQ WKHVH OHDGV WXUQ out to be potential deal FORVLQJV WRR 7KH FRQYHU VLRQ UDWH LV TXLWH KLJK MBT: 'R \RX DOVR XVH YLGHR DQG YLUWXDO WRXUV WR PDUNHW \RXU SURSHUWLHV" CMT: <HV 3KRWRV YLGHRV DQG YLUWXDO WRXUV VDYH D ORW RI WLPH IRU WKH FXVWRP HU DQG WKH UHDOWRU DV WKH client can take a look at WKHP DQG VHH ZKHWKHU LW LV VXLWDEOH IRU WKHP EHIRUH JRLQJ GRZQ IRU D SK\VLFDO YLHZLQJ ,W FXWV GRZQ D ORW RI XQZDQWHG WLPH ZDVWDJH IRU ERWK SDUWLHV MBT: :KDW GR \RX ¿QG PRVW FKDOOHQJLQJ ZKHQ

\RX DFFRPSDQ\ SURVSHF WLYH FOLHQWV RQ SURSHUW\ WRXUV" :K\" CMT: 7KH ZKROH SURFHVV IURP YLHZLQJ WR FORVLQJ WR SDSHU ZRUN LV VRPHWKLQJ I handle on a routine ba VLV %XW LQ JHQHUDO , ZRXOG WKLQN WKDW WKH FORVLQJ SUR FHVV PLJKW EH D FKDOOHQJH IRU VRPH UHDOWRUV Having trained many QHZ JHQHUDWLRQV RI UHDO WRUV P\VHOI , ¿QG WKDW VRPH PD\ EH YHU\ JRRG ZLWK KDQGOLQJ FXVWRPHUV conducting the viewing, SUHVHQWDWLRQ EXW VWUXJ JOHV ZKHQ LW FRPHV WR WKH ¿QDO SDUW RI FORVLQJ , RI WHQ OLNH WR ELOO WKLV SDUW DV ³FORVLQJ LV WKH DUW RI FRQYLQFLQJ ´ <HV LWœV WKDW ¿QDO VWDJH ZKHUH \RX QHHG WR FRQYLQFH WKH FXV WRPHU WKDW WKLV SDUWLFXODU SURSHUW\ LV WKH RQH KH RU VKH RXJKW WR FKRRVH WKLV UHTXLUHV D ORW RI SURGXFW NQRZOHGJH SHUVXDGLQJ power, ability to point out future price appreciation SRWHQWLDOV FRPSDULVRQ RI SURSHUWLHV DQG ODVW EXW QRW WKH OHDVW PDNLQJ WKH FXVWRPHU FRPPLW WR WKH WUDQVDFWLRQ

cookie if you know how to handle them well enough and manage their expec WDWLRQV

MBT: Tell me about a WLPH ZKHQ \RX VWUXJJOHG WR EXLOG D UHODWLRQVKLS ZLWK DQ RZQHU LQYHVWRU WHQDQW RU D EURNHU :KDW would you have done dif IHUHQWO\" CMT: 3URXG WR VD\ D WRXFK RI FRPPRQVHQVH DQG VWUHHW VPDUWQHVV KDV never really put me in any VLWXDWLRQ WRR GL̇FXOW WR KDQGOH 1R VHOOHU EX\HU tenant, landlord, devel RSHU FR EURNHU LV D WRXJK

MBT: How do you handle EURNHULQJ VDOHV DQG OHDV LQJ WUDQVDFWLRQV DFURVV PXOWLSOH SURSHUW\ W\SHV" CMT: I live, eat and EUHDWKH UHDO HVWDWH DQG have dealt with count OHVV VDOHV OHDVLQJ EX\LQJ SURMHFW VDOHV RYHUVHDV SURSHUWLHV VDOHV PRUW JDJH VR LW FRPHV QDWXUDOO\ WR PH

MBT: What made you FKRRVH D FDUHHU LQ UHDO HV WDWH" CMT: , EHOLHYH UHDO HVWDWH LV RQH RI WKH PRVW LQWHU HVWLQJ FDUHHU FKRLFHV DV \RX JHW WR LQĂ€XHQFH DQG ZLWQHVV VRPH RI WKH PRVW FUXFLDO SURSHUW\ UHODWHG GHFLVLRQV IRU \RXU FOLHQWV IURP SXUFKDVLQJ WKDW ÂżUVW GUHDP KRPH WR FKRRVLQJ WKH SHUIHFW LQYHVWPHQW property with future po WHQWLDO SULFH DSSUHFLDWLRQ MBT: +RZ PDQ\ KRPHV DQG DSDUWPHQWV RQ DQ DY HUDJH KDYH \RX VROG HDFK \HDU DV D UHDO HVWDWH DJHQW" CMT: $V ,ÂśP GRLQJ UHDO HVWDWH LQ WZR FRXQWULHV Âą Singapore and Myanmar Âą DQG DOVR KDYH D WHDP RI UHDO HVWDWH DJHQWV ZKRP ,ÂśYH WUDLQHG LQVSLUHG DQG groomed in both coun WULHV WKH QXPEHU RI GHDOV ZH KDYH FORVHG LV FRXQW OHVV ,ÂśG KDYH WR FRPH back to you on that for an H[DFW ÂżJXUH

MBT: Do you have any H[SHULHQFH GHVLJQLQJ PDUNHWLQJ PDWHULDOV" CMT: 1RUPDOO\ LWÂśV WKH JUDSKLF GHVLJQHUV ZKR ZLOO GR WKHVH WDVNV EXW we guide them with our property related market LQJ VHQVH VR WKDW WKH HQG SURGXFW EHFRPHV DSSHDO LQJ WR FXVWRPHUV $V RQO\ ZH NQRZ RXU FXVWRPHUV ZHOO HQRXJK

Supply

Myanmar Business Today (MBT): 3OHDVH WHOO XV DERXW <RXU 3URSHU ty Finder (YPF) Company /WG Charm May Thu (CMT): <3) LV D VXE VLGLDU\ RI (5$ 6LQJD SRUH ZKLFK LV WKH ODUJ HVW DQG WKH OHDGLQJ UHDO HVWDWH DJHQF\ LQ 6LQJD SRUH 6LQFH LWV LQFHSWLRQ LQ (5$ 6LQJDSRUH KDV UHGH¿QHG WKH LQGXVWU\ VWDQGDUGV IRU SLRQHHULQJ UHDO HVWDWH FRQFHSWV WHFK QRORJ\ LQLWLDWLYHV DQG SURGXFWV 7RGD\ (5$ LV V\QRQ\PRXV ZLWK SURYLG ing innovative and break WKURXJK SURGXFWV DQG VHUYLFHV WKDW KRPH EX\HUV DQG VHOOHUV PRVW ZDQW DQG QHHG (5$ LV DQ LQWHUQDWLRQ DO UHDO HVWDWH IUDQFKLVH network with more than (5$ EURNHUV DQG VDOHVSHUVRQV LQ FRXQ WULHV DQG WHUULWRULHV ,Q $VLD 3DFL¿F WKHUH DUH PRUH WKDQ (5$ ṘF HV ZLWK PRUH WKDQ (5$ VDOHV SHUVRQV RSHU ating in Brunei, China, ,QGRQHVLD -DSDQ .RUHD 0DOD\VLD 6LQJDSRUH 7DL wan, Thailand, Vietnam DQG QRZ 0\DQPDU <3) LV D QHZ PLOHVWRQH for ERA to provide real HVWDWH VHUYLFHV WKURXJKRXW $VLD 3DFL¿F UHJLRQ DQG ZH are very excited about the current and future market RXWORRN DQG RSSRUWXQLWLHV LQ 0\DQPDU $V WKH JOREDO UHDO HVWDWH PDUNHW EHFRPHV PRUH VRSKLVWLFDWHG DQG LQWHU QDWLRQDO UHDO HVWDWH LQ

YHVWPHQWV LQFUHDVH <3) LV ZHOO HTXLSSHG WR R̆HU SURIHVVLRQDO DGYLFH DQG JXLGDQFH WR RXU EXVLQHVV SDUWQHUV LQ PDNLQJ FULWL FDO UHDO HVWDWH PDUNHWLQJ VWUDWHJLHV DQG GHFLVLRQV

Your Property Finder, Managing Director Charm May Thu.

EH DEOH WR IRUHFDVW IXWXUH SRWHQWLDOV FUHDWH DQG PDLQWDLQ UHODWLRQVKLS DQG FKHPLVWU\ ZLWK WKH FXVWRPHU DQG SURYLGH VXSHUE DIWHU VDOHV WUHDW PHQW 6R EDVLFDOO\ WKH WDVNV RI D UHDOWRU FRPSULVH RI VRPH RI WKH MRE VFRSHV RI D WRXU JXLGH SV\FKROR JLVW UHODWLRQVKLS PDQDJ HU ÂżQDQFLDO DGYLVRU DQG EHVW IULHQG Myanmar Summary MBT - Your Property Finder (YPF) ukrP Ăœ v D rD w d uftaMumif;

udk ajymjyygvm;Âż Charm May Thu (CMT) YPF [m pifumyl ERA &JU

Wai Linn Kyaw

vkyfief;cGJwpfckjzpfNyD; pifumyl&JU td r f N cH a jrat*sif p D v k y f i ef ; ud k OD;aqmifaewJhtBuD;qHk;ukrĂœPD wpfckyg/ pifumyl ERA rSm at;*sifhaygif; 32ç000 ausmf&Sd NyD; Edik if aH ygif; 36 Edik if rH mS ta&mif; ud, k pf m;vS,&f Syd gw,f/ MBT - tdraf wGukd a&mif;cswhJ MBT: What, in your ae&mrSm tif w meuf e J Y qdk&S,f RSLQLRQ PDNHV D JRRG rD'D,mawGudk b,fvdktusKd;&Sd&dS UHDO HVWDWH DJHQW" CMT: 7R EH WKH EHVW UHDO toHk;csovJÂż

Yangon skyline.

WRU ZKRP \RXU FXVWRPHUV ZLOO DOZD\V ORRN IRU \RX DQG RQO\ \RX \RX PXVW EH ZHOO HTXLSSHG ZLWK PDU ket knowledge, competi WRU DQDO\VLV NQRZ VHOOLQJ SRLQWV RI WKH SURSHUW\

Charm May Thu (CMT) -

21 &mpkrSm tifwmeuf[m acwfrDaps;uGuf&SmazGa&;ypĂśnf; ud&d,mwpfcq k w kd m wu,ft h rd Nf cH ajrvkyfief;udk toufarG;0rf; ausmif;vkyfief;wpfcktaeeJYvkyf

udkifolawG vspfvsL½Iarhxm;vdkY r&ygbl;/qd&k , S rf 'D , D mawGjzpfwhJ Facebook, Link in, Twitter

awG udk vnf ; toHk; jyKygw,f / u Ref r wdkY t aeeJ Y O n l i n e Marketing udk tav;teuf xm;ygw,f/ MBT tdrfNcHajrvkyfief; aps;uGu&f mS azGa&;twGuf AD', D kd tjyif Virtual Tour awGudk aum toHk;jyKvm;Âż Charm May Thu (CMT) [kwfuJh/ toHk;jyKygw,f/ "mwfyHk AD'D,dkeJY Virtual Tour awGudk toHk;jyKjcif;tm;jzifh tcsed fukef oufomapygw,f/ MBT - tdrfNcHajrvkyfief;udkvkyf udkifzdkY bmvdkYa&G;cs,fcJhovJÂż Charm May Thu (CMT) -

uRerf taeeJY,MkH unfwmutdrNf cH ajrvkyfief;[m pdwf0ifpm;p&m taumif;qHk;vkyfief;awGxJu wpfckjzpfvdkYyg/ MBT - tdrfNcHajrat;*sifhwpf a,muftaeeJY wdkufcef;eJYtdrf awGb,favmufr sm;rsm;a&mif;cs cJhNyD;NyDvJÂż Charm May Thu (CMT) -

pifumyleJYjrefrmEdkifiHrS tdrfNcHajr vkyfief;awGvkyfudkifaeygw,f/ udk,fwdkifavhusifhoifMum;ay; xm;wJh tdrfNcHajrat;*sifhtoif; wpfoif;vnf;&Sdygw,f/ ESpfEdkifiH vHk;rSm tdrfNcHajrawGtajrmuf trsm;a&mif;csay;EdkifcJhygw,f/

AUTOMOBILE

25 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

China Finds Mercedes-Benz Guilty of Price Fixing Daimler price fixing probe part of broader industry clampdown

Carlos Barria/Reuters

RYHU WKH QH[W ¿YH \HDUV or more,� the brokerage VDLG DGGLQJ LW VHHV DQ LPSDFW RQ HDUQLQJV SHU VKDUH RI DURXQG SHUFHQW IRU *HUPDQ FDUPDNHUV 7KH\ VDLG WKDW LI WKH SULFH RI VSDUH SDUWV DQG VHUYLFHV IHOO SHUFHQW in China, Daimler and %0:œV SUHWD[ SUR¿W would take a hit of around 1 percent in 2015, and 9RONVZDJHQœV SUHWD[ SURI LW ZRXOG IDOO E\ MXVW XQGHU SHUFHQW Visitors look at a Mercedes-Benz SLK class car during the 15th Shanghai International Automobile Industry Exhibition in Shanghai.

Brenda Goht

G

HUPDQ\œV 0HU FHGHV %HQ] KDV been found guilty RI PDQLSXODWLQJ SULFHV IRU DIWHU VDOHV VHUYLFHV LQ &KLQD WKH ṘFLDO ;LQKXD QHZV DJHQF\ UHSRUWHG DGGLQJ WR SUHVVXUH RQ IRUHLJQ FDUPDNHUV LQ WKH ZRUOGœV ODUJHVW DXWR PDU NHW %UDQGV LQFOXGLQJ 9RON VZDJHQ $*œV $XGL %0: DQG 0HUFHGHV %HQ] DUH FXWWLQJ SULFHV IRU QHZ FDUV DQG VSDUH SDUWV LQ DQ H̆RUW WR DSSHDVH &KLQHVH UHJXODWRUV ZKLFK KDYH DF FXVHG VRPH RI WKHP RI DQ WL FRPSHWLWLYH EHKDYLRXU Daimler, the parent FRPSDQ\ ZKLFK PDNHV WKH OX[XU\ 0HUFHGHV %HQ] FDUV VDLG LW ZDV FRRSHUDW LQJ ZLWK DXWKRULWLHV DQG declined to comment fur WKHU $Q DUUD\ RI LQGXVWULHV

IURP PLON SRZGHU PDNHUV WR HOHFWURQLFV ¿UPV KDV FRPH XQGHU WKH &KLQHVH UHJXODWRU\ VSRWOLJKW LQ UHFHQW \HDUV DV WKH JRY HUQPHQW LQWHQVL¿HV LWV H̆RUWV WR PDNH IRUHLJQ FRPSDQLHV FRPSO\ ZLWK DQWL PRQRSRO\ OHJ LVODWLRQ $QWL WUXVW UHJXODWRU WKH National Development DQG 5HIRUP &RPPLVVLRQ (NDRC), launched an in YHVWLJDWLRQ LQWR WKH DXWR LQGXVWU\ IROORZLQJ GR PHVWLF PHGLD FRPSODLQWV WKDW IRUHLJQ FDUPDNHUV were overcharging Chi QHVH FXVWRPHUV IRU YHKL FOHV DQG VSDUH SDUWV The Xinhua report, ZKLFK FLWHG UHJXODWRUV PDGH QR PHQWLRQ RI SRV VLEOH SHQDOWLHV IRU 0HU FHGHV 7KH UHJXODWRU FDQ LPSRVH ¿QHV RI XS WR SHUFHQW RI D FRPSDQ\œV &KLQD UHYHQXHV IRU WKH SUHYLRXV \HDU

$QDO\VWV DW -3 0RUJDQ VDLG WKH ZLOOLQJQHVV RI WKH *HUPDQ PDQXIDFWXUHUV WR ORZHU SULFHV LQ &KLQD UHGXFHV WKH SRVVLELOLW\ RI KLJK ÂżQHV EXW LQ WKH ORQJ HU WHUP FRXOG KLW SURÂżW DELOLW\ 0HUFHGHV %HQ] UHFHQWO\ announced that it would UHGXFH SULFHV RQ VRPH VSDUH SDUWV E\ DQ DYHUDJH of 15 percent and BMW VDLG LW ZRXOG FXW SULFHV E\ an average of 20 percent, -3 0RUJDQ VDLG $XGL KDV DOVR VDLG LW ZLOO FXW SULFHV EXW GLG QRW VSHFLI\ E\ KRZ PXFK In the longer run, forc LQJ (XURSHDQ FDUPDNHUV WR ORZHU WKH SULFH RI VSDUH SDUWV DQG LPSRUWHG YHKL FOHV FRXOG VHH PDUJLQV LQ &KLQD QRUPDOLVH WR OHYHOV FXUUHQWO\ VHHQ LQ (XURSH -3 0RUJDQ VDLG LQ D QRWH HDUOLHU WKLV PRQWK Âł:H EHOLHYH WKDW WKLV might happen gradually

Anti-competitive practices 7KH -LDQJVX 3URYLQFH Price Bureau found evi GHQFH RI DQWL FRPSHWLWLYH SUDFWLFHV DIWHU UDLGLQJ 0HUFHGHV %HQ] GHDOHU VKLSV LQ WKH HDVWHUQ FRDVW DO SURYLQFH DQG DQ ṘFH in neighbouring Shang KDL ;LQKXD VDLG LQ LWV UH SRUW The European Chamber of Commerce in China KDV H[SUHVVHG FRQFHUQ that European compa QLHV ZHUH EHLQJ XQIDLUO\ WDUJHWHG DQG ZHUH GLV couraged from appealing DJDLQVW ÂżQHV “The European Cham EHU KDV UHFHLYHG QXPHU RXV DODUPLQJ DQHFGRWDO DFFRXQWV IURP D QXPEHU RI VHFWRUV WKDW DGPLQLV trative intimidation tac WLFV DUH EHLQJ XVHG WR LP SHO FRPSDQLHV WR DFFHSW SXQLVKPHQWV DQG UHP HGLHV ZLWKRXW IXOO KHDU LQJV ´ LW VDLG ODVW ZHHN &ULWLFV KRZHYHU VD\ DX

Ford Plans New Hybrid Series to Compete With Toyota Prius Paul Lienert

F

RUG 0RWRU &R SODQV to introduce a new K\EULG JDVROLQH HOHFWULF FDU LQ ODWH WR FRPSHWH DJDLQVW WKH EHVW VHOOLQJ 7R\RWD 3ULXV WZR VRXUFHV ZLWK NQRZOHGJH RI WKH FRPSDQ\œV SODQV WROG 5HXWHUV The compact car will be )RUGœV ¿UVW ³GHGLFDWHG´ K\EULG ¹ WKDW LV D YHKLFOH GHVLJQHG WR EH PDUNHWHG H[FOXVLYHO\ DV D K\EULG rather than a variation of DQ H[LVWLQJ JDVROLQH PRG HO VXFK DV WKH DXWRPDN HUœV )XVLRQ K\EULG WKH

VRXUFHV VDLG 7KH DV \HW unnamed vehicle will be EXLOW MXVW RXWVLGH 'HWURLW 7KH VRXUFHV VDLG )RUG HYHQWXDOO\ FRXOG R̆HU VHY HUDO GL̆HUHQW ERG\ VW\OHV RI WKH QHZ K\EULG DV 7R\ RWD GRHV ZLWK WKH 3ULXV 7KHUH ZRXOG EH GL̆HUHQW YHUVLRQV RI WKH FDUœV JDV ROLQH HOHFWULF GULYHWUDLQ including a more expen VLYH SOXJ LQ PRGHO WKDW can be recharged from an HOHFWULFDO RXWOHW The new Ford hybrid LV H[SHFWHG WR DUULYH DV D PRGHO URXJKO\ \HDUV DIWHU WKH LQWURGXF WLRQ RI WKH RULJLQDO 3ULXV

LQ -DSDQ 7R\RWD LV SODQ QLQJ WR XQYHLO LWV IRXUWK JHQHUDWLRQ 3ULXV ODWH QH[W \HDU WKH VRXUFHV VDLG )RUG VSRNHVPDQ &KULV 3UHXVV VDLG WKH FRPSD Q\ GRHVQÂśW FRPPHQW RQ VSHFXODWLRQ DERXW IXWXUH SURGXFWV )RUG SODQV WR EXLOG WKH QHZ K\EULG DW LWV :D\QH DVVHPEO\ SODQW LQ VRXWK HDVWHUQ 0LFKLJDQ DW an annual rate of about WKH VRXUFHV VDLG Some of the hybrid tech nology, including electric PRWRUV FRQWUROOHUV DQG EDWWHULHV ZLOO EH DGDSWHG IURP )RUGÂśV FXUUHQW K\

EULG PRGHOV DOWKRXJK WKH GHGLFDWHG PRGHO LV expected to provide better fuel economy and range WKDQ WRGD\ÂśV K\EULGV 7KH PRGHO ZKLFK FDUULHV WKH LQWHUQDO FRGH & ZLOO EH EXLOW RQ )RUGÂśV QHZ & JOREDO compact architecture, ZKLFK DOVR ZLOO XQGHU SLQ WKH QH[W JHQHUDWLRQ )RFXV DQG (VFDSH WKH VRXUFHV VDLG Ford, like other major JOREDO DXWRPDNHUV KDV EHHQ LQYHVWLQJ KHDYLO\ LQ hybrid technology to meet LQFUHDVLQJO\ VWULQJHQW HPLVVLRQV DQG IXHO HFRQ

WRPDNHUV KDYH WRR PXFK OHYHUDJH RYHU FDU GHDOHUV DQG DXWR SDUW VXSSOLHUV LQ China, enabling them to FRQWURO SULFHV 7KH ;LQKXD UHSRUW VDLG WKH FRVW RI UHSODFLQJ DOO WKH VSDUH SDUWV LQ D 0HU FHGHV %HQ] & &ODVV FRXOG EH WLPHV PRUH WKDQ buying a new vehicle, citing a report from the China Automotive Main tenance and Repair Trade $VVRFLDWLRQ (DUOLHU WKLV PRQWK WKH 1'5& VDLG LW ZRXOG SXQ LVK $XGL DQG )LDW 6S$ÂśV &KU\VOHU IRU PRQRSRO\ SUDFWLFHV ([HFXWLYHV DW 7R\RWD 0RWRU &RUS VDLG WKH JRYHUQPHQW ZDV ORRN LQJ LQWR WKH DXWR SDUWV SROLFLHV RI LWV SUHPLXP EUDQG /H[XV &KLQHVH PHGLD UHSRUWHG ODVW ZHHN WKDW $XGL WKH EHVW VHOOLQJ IRUHLJQ SUH mium car brand in China, ZRXOG EH ÂżQHG DURXQG PLOOLRQ \XDQ PLOOLRQ )RUHLJQ FDU EUDQGV DOO of whom operate in China WKURXJK MRLQW YHQWXUHV with a local partner, have EHHQ ÂżHUFHO\ FRPSHWLQJ WR XS WKHLU VKDUH LQ WKH ZRUOGÂśV ODUJHVW FDU PDU NHW 'DLPOHU KDV VDLG WKDW LW ZDQWV WR ERRVW &KLQD VDOHV RI 0HUFHGHV %HQ] FDUV WR PRUH WKDQ FDUV D year by 2015, while Audi H[SHFWV &KLQD WR PDNH XS SHUFHQW RI LWV VDOHV E\ Reuters

RP\ VWDQGDUGV LQ 1RUWK America, Europe and $VLD %XW FRQVXPHU GH PDQG IRU K\EULGV KDVQÂśW FRPH FORVH WR PHHWLQJ WKH LQGXVWU\ÂśV VDOHV SURMHF WLRQV 6DOHV RI WKH &KHYUROHW 9ROW *HQHUDO 0RWRUVÂś ZLGHO\ DGYHUWLVHG SOXJ LQ K\EULG KDYH EHHQ MXVW YHKLFOHV WKURXJK WKH ÂżUVW VHYHQ PRQWKV RI WKLV \HDU GRZQ SHUFHQW IURP D \HDU DJR GHVSLWH KHDY\ GHDOHU GLVFRXQWV 6DOHV RI )RUGÂśV & 0D[ K\EULG DUH GRZQ SHU FHQW LQ WKH ÂżUVW VHYHQ PRQWKV WR 6DOHV RI LWV )XVLRQ K\EULG DUH XS SHUFHQW WR EXW VWLOO RQO\ DFFRXQW IRU RQH LQ HYHU\ VL[ )XVLRQV VROG LQ WKH 86 Reuters

Myanmar Summary

*smreDrS Mercedes-Benz onf w½kwEf ikd if w H iG af &mif;csNy;D aemuf ydkif;0efaqmifrIrsm;twGufaps; EIef;upm;rIrsm;usL;vGefcJhonf [k a wG U &S d c J h a Mumif ; qif [ G m o wif;wpfy'k u f wifjyxm;&murÇmh tBuD ; qH k ; armf a wmf u m;aps; uGufjzpfaom w½kwfwGif jynfy um;vk y f i ef ; rsm;twG u f z d t m; rsm; wdk;wufvmaeonf/ Mercedes-Benz

Volks-

wagen AG’s Audi ESifh BMW

ZG N 8 RQI } LI ZG N 8 WP DSV X* X I vuf0g;BuD;tkyfa&;aqmif&Guf csufrsm;jyKvkyfonf[kpGyfpGJae aomw½kwfEdkifiHrSBuD;Muyfa&;rSL; rsm;tm;ESpfodrfh&eftwGufum; opfrsm;ESifh tydkypĂśnf;opfrsm;\ aps;EIef;rsm;udkavQmhcsay;vsuf &Sdonf/ rmpD'D;ZdrfcHum;rsm;udk jyKvyk af omrdcifurk P Ăœ D Daimler onftmPmydkifrsm;ESifhyl;aygif; aqmif & G u f v suf & S d a Mumif ; om ajymMum;Ă­tjcm;rSwfcsufrsm;a y;&efjiif;qdkxm;onf/ w½kwftpdk;&onfjynfy ukrĂœPDrsm; 2008 ckESpfvuf0g; BuD ; tk y f r I w d k u f z suf a &;Oya' rsm;tm;yd k r d k v d k u f e m&ef N yD ; cJ h onfEh Spfrsm;twGif;Muyfrwf vm NyD;aemufEdkUrkefUukrĂœPDrsm;rSae Ă­ vQyfppfypĂśnf;ukrĂœPDrsm;txd w½k w f B uD ; Muyf t k y f c sKyf a &;rS L ; rsm;\tm½HkpkdufrIudkcHae&vsuf &Sdonf/ Myanmar Summary

zdkY'farmfawmfum;ukrĂœPDonf vuf&Sda&mif;tm;taumif;qHk; jzpfaeonfh wdk,dkwmy&dpf&ufpf armfawmfum;rsm;udk ,SOfNydKifEdkif &eftwGuf vmrnfh 2018 ckESpf ESpu f ek yf ikd ;f wGif"mwfaiGUESihfvQypf pf "mwftm;oHk;[dkufb&pfum;rsm; ukd rdwfquf&ef pDpOfaeonf[k od&onf/ zd'Yk o f nf tqdyk g[du k b f &pfum; rsm;udk yHkpHrsKd;pHkjzifh xkwfvkyfoGm; &efpDpOfaeonf[k od&onf/ zdkY'f rS xw k v f yk rf nfhtqdyk gum;armf',f opfonf 2019 ckEpS o f kdY a&muf&dS aeouJo h Ykcd pH m;&rnf[o k &d onf/ [NGM< \LI Z GN Z NG PRQIYQI }LI ZG <N \ pwkwÂŹr sKd;qufy&dpf&ufpfum; rsm;udk vmrnfhESpfr sm;wGif xkwf vky&f ef pDpOfaeonf[ko&d onf/

26 Myanmar Business Today

IT & TELECOM

August 28-September 3, 2014

mmbiztoday.com

Why Twitter Will Outlast Facebook uRef a wmf o nf a[mud e f ; x k w f w w f ol r [ k w f o vdk vsif j ref p G m ajymif ; vJ a eaom 'pf * spf w ,f u rÇ m ES i f h y wf o uf vQif ydkĂ­rxkwf&Jyg? odkU&mwGif 2011 ckESpfĂź oli,fcsif;wpf a,muf t m; Ăža[mud e f ; ud k xk w f a jymcJ h z l ; onf / ,if ; rS m Twitter onf Facebook xufydkĂ­oufwrf;&Snfrnf[lĂ­ jzpfonf/ Facebook udk pGJvrf; Ă­ ,if;xJrS oli,fcsif;uGef&uf rsm;ESifhtqufjzwf&ef rjzpfEdkif ol r sm;? y&d o wf r sm;taejzif h pdk;&drf&efawmhr&Sdyg/ bmaMumifh vJqdkvQif Facebook uJhodkU aom uGef&uftufyvDau;&Sif; rsm; tNr&J adS ernfjzpfaomaMumifh yif? emrnfEiS yhf pkH rH sm; ajymif;oGm; onfhwdkif tvm;wlwpfckawmh&Sd aernfomjzpfonf/ odkUwdkifatmif Twitter u Facebook xufydkĂ­ MumjrifhpGm vT r f ; rd k ; xm;rnf [ k q d k j cif ; rS m taMumif;&if;ajcmufck&Sdygonf/ Twitter rSm owif;t&if; tjrpfwpfcjk zpfonf/ owif;Xme rsm;ES i f h y d k Ă­ ta&;ygonf r S m owif;a&;om;? wifqufolrsm; tm; Twitter wGif apmifhMunfh EdkifĂ­ tcsuftvufrsm;vsifjref pGm&&SdEdkifjcif;jzpfonf/ owif; rD'D,mu@wGif; vkyfudkifolrsm; u Twitter udk vufcHtoHk;jyK Muonf/ Twitter wGifemrnfBuD; yk*ždKvfrsm;ESifh csdwfquf&jcif;u vnf;pdwfvIyf&Sm;zG,fjzpfonf/ Twitter rSm rdkbdkif;zkef;ESifh toHk;jyK&ydkĂ­vG,fulonf/

acsa&; PayPal pepf\ vkyif ef; c GJudk tapmqHk; aemufESpftwGif; wnf a xmif & ef pOf ; pm;vsuf&S d aMumif; enf;ynmtcsut f vuf VSRNHVZRPDQ $PDQGD Myanmar Summary owif ; Xme The Information 0LOOHU VDLG EBay onf vsijf refpGmzGHUNzdK; u wifjyvmonf/ :KHWKHU H%D\ KDV GH FLGHG WR VSLQ R̆ DOO RU DHDRP }LI ?WLIZPHXIDL*D\ ,if;aiGay;acsrI,lepftopf

taMumif;udk PayPal \ trIaqmift&m&SdcsKyf David Marcus xGufcGmoGm;Ă­ ,if; ae&mtwGuf 0ifa&mufEdkifajc &So d l ud, k pf m;vS,af vmif;rsm;tm; EBay u today;xm;aMumif; od&onf/

Regis Duvignau/Reuters

Âą GRQÂśW IROORZ WKHP +RQ HVWO\ KRZ RIWHQ GR \RX comb through your Twit WHU IROORZHUV WR VHH ZKR LV IROORZLQJ \RX" 7KHUH LV D SHUVRQDO ÂłGLVWDQFH´ WKDW LV EXLOW LQ WR 7ZLWWHU $ SROLWH VHSDUDWLRQ FDQ JHW FORVHU LI \RXÂśG OLNH EXW JHQHUDOO\ VSHDNLQJ LWÂśV QRW QHDUO\ DV LQWLPDWH DV WKH )DFHERRN FRQQHFWLRQ Commercialisation will kill the Facebook experience. 0DUNHWHUV will ruin Facebook for a ODUJH QXPEHU RI SHRSOH )DFHERRN ZDV FRRO ZKHQ LW ZDV OLNH WKH EDQG \RX OLNHG WKDW QR RQH HOVH KDG KHDUG DERXW $V VRRQ DV WKH EDQG PDNHV LW ELJ WKH\ DUHQÂśW QHDUO\ DV FRRO )DFH ERRN KDV DOUHDG\ EHFRPH that for a lot of people and QRZ WKDW LW KDV EHFRPH VR KRXVHKROG PDUNHWHUV KDYH IRXQG ZD\V WR WDS LQWR WKDW DXGLHQFH :H can learn about our audi HQFH DQG ÂżQG RXW ZKDW WKH\ OLNH DQG GLVOLNH DQG WKHQ JR VHOO WR WKHP 6RUU\ EXW ZKDW DERXW MXVW KDQJ LQJ RXW DQG UH FRQQHFWLQJ ZLWK IULHQGV" ,WÂśV OLNH EH LQJ DW D UHVWDXUDQW DQG KDYLQJ VRPHRQH FRPH E\ HYHU\ IHZ PLQXWHV WR VHOO \RX VRPHWKLQJ WKDW DOLJQV ZLWK WKHLU GHPR 2N JDVS PDUNHWLQJ IULHQGV EXW , WKLQN VRPHZKHUH GHHS GRZQ ZH DOO NQRZ WKLV LV WUXH /LNH , VDLG ,ÂśP QR SURJ QRVWLFDWRU DQG P\ GLV FODLPHU LV WKDW ,ÂśYH EHHQ ZURQJ D PLOOLRQ WLPHV EHIRUH DQG WKDW VRPH RI WKHVH SRLQWV DUH JHQHUDOL VDWLRQV 7KDW VDLG LWÂśV MXVW my opinion, I’d love to

An illustration picture shows the log-on icon for the Website Facebook and Twitter on an Ipad in Bordeaux, Southwestern France.

Ed Heil

I

’m not really one for SURJQRVWLFDWLRQ HV pecially where it con FHUQV WKLV IUHQHWLF GLJLWDO world, but in 2011 I made D SUHGLFWLRQ WKDW UDLVHG the eyebrow of a friend DQG LWÂśV WKLV 7ZLWWHU ZLOO RXWODVW )DFHERRN 1RZ WKRVH ZKR DUH VWLOO )D FHERRN DGGLFWV DQG ÂżQG LW LPSRVVLEOH WR XQSOXJ from your “FBâ€? network RI IULHQGV IDQV DQG OLNHV QRW WR IHDU 7KHUH ZLOO DO ZD\V EH D )DFHERRN OLNH app out there that con QHFWV SHRSOH LWÂśV MXVW WKDW LW PD\ KDYH D GL̆HUHQW QDPH ZLWK GL̆HUHQW IHD WXUHV 6WLOO KHUH DUH VL[ UHD VRQV 7ZLWWHU ZLOO KDYH PRUH VWD\LQJ SRZHU WKDQ )DFHERRN Twitter is a news source. We can follow QHZV RXWOHWV DQG PRUH LPSRUWDQWO\ QHZVPDNHUV on Twitter and get up to

GDWH TXLFN LQIRUPDWLRQ :H DUH VHHLQJ WKLV PRUH DQG PRUH LQ SROLWLFV DQG VSRUWV ZKHUH WKH SHUVRQ RI LQWHUHVW LV ÂłEURDGFDVW ingâ€? the information they ZDQW GLVVHPLQDWHG 7KH\ determine when they want the public to “get WKH QHZV ´ ,Q PDQ\ FDVHV LWÂśV XQÂżOWHUHG DQG VSRNHQ GLUHFWO\ WR WKDW SHUVRQÂśV IROORZLQJ 7KH\ FDQ DQG VRPHWLPHV GR UHVSRQG GLUHFWO\ WR TXHVWLRQV &DQ )DFHERRN EH XVHG DV D QHZV VRXUFH" $EVROXWHO\ EXW LWÂśV SUHGRPLQDQWO\ D neighbourhood for peo SOH WR FRQQHFW DQG VKDUH (YHQ PRUH LQWHUHVWLQJ LV the way that media have VWDUWHG WR TXRWH SHRSOHÂśV 7ZLWWHU SRVWV Âą DV LI LWÂśV D TXRWH LQ WKH SDSHU RU D VRXQGELWH IRU WHOHYLVLRQ News media members have embraced Twitter. A while ago, I wrote a piece on how PHGLD PHPEHUV FDQ QRZ FUHDWH DQG GHPRQVWUDWH

YDOXH WR WKHLU HPSOR\HUV by creating their own per VRQDO IDQ EDVH 7HOHYLVLRQ QHZV RUJDQLVDWLRQV KDYH UHOLHG RQ WKLQJV OLNH Âł4´ UDWLQJV WR VHH KRZ ÂłOLN DEOH´ WKHLU YLHZHUV ÂżQG WKHLU WDOHQW $QFKRUV DQG UHSRUWHUV ZHUH XVXDOO\ not privy to that informa WLRQ 7RGD\ LI \RX ZDQW WR VHH KRZ ZHOO ZDWFKHG D QHZV SHUVRQDOLW\ LV FKHFN WKHLU IDQV &KHFN WKHLU 7ZHHW5HDFK &RQ VHTXHQWO\ VDYY\ ÂłVRFLDO PHGLD´ PHPEHUV DUH DF tively engaging their fol ORZHUV WKURXJK LQVLJKW LQVLGH LQIRUPDWLRQ DQG OLYH XSGDWHV RQ 7ZLWWHU %HVW RI DOO PDQ\ DUH DOVR talking to people through 7ZLWWHU <HV WKH\ FDQ GR WKLV RQ )DFHERRN DV ZHOO but real time engagement LVQÂśW DV H̆HFWLYH DV LW LV RQ 7ZLWWHU Engage with “famousâ€? people on Twitter. /HWÂśV IDFH LW IDPRXV people have Facebook

)DQ SDJHV EXW PRVWO\ LWÂśV RQH ZD\ FRPPXQLFD WLRQ 7\SLFDOO\ WKHUHÂśV not much chance you’re going to engage with a IDPRXV SHUVRQ RQ WKHLU )DFHERRN SDJH , EHOLHYH WKHUH DUH PDQ\ UHDVRQV IRU WKLV EXW RQH PD\ EH due to the “publicâ€? nature of the wall and how infor PDWLRQ LV SRVWHG ,Q P\ H[SHULHQFH LWÂśV HDVLHU WR receive a comment back IURP D IDPRXV SHUVRQ on Twitter than on Face ERRN 2QH UHDVRQ IRU WKLV PD\ EH WKDW LWÂśV VLPSOH WR UHSO\ D FKDUDFWHU RU OHVV PHVVDJH WR VRPHRQH on Twitter than on Face ERRN Twitter is easier to use on a mobile device. Don’t get me wrong, LWÂśV SUHWW\ VLPSOH WR SRVW VWX̆ RQ )DFHERRN IURP your mobile device, but 7ZLWWHU LV FUD]\ VLPSOH ,WÂśV D PDWWHU RI RSHQLQJ \RXU DSS DQG SRVWLQJ D WKRXJKW SLFWXUH RU YLGHR ,WÂśV DFWXDOO\ HDVLHU WKDQ WH[WLQJ 7KHUH DUH QR ÂłQR WLÂżFDWLRQV´ WKDW \RX KDYH QHZ PHVVDJHV QR ZDLW LQJ IRU SDJHV WR RSHQ LWÂśV TXLFN DQG HDV\ It’s easier to avoid annoying people on Twitter. /HWÂśV IDFH LW ZH all have a handful of peo SOH WKDW GULYH XV QXWW\ RQ )DFHERRN 6R UDWKHU WKDQ “unfriendâ€? them, we ei ther put up with their in DQH ERULQJ VHOI VHUYLQJ SRVWV RU ZH ÂłKLGH´ WKHP 0\ JRVK \RXÂśG KDWH WR LQ VXOW RQH RI \RXU )DFHERRN ÂłIULHQGV ´ 2Q 7ZLWWHU LWÂśV UHDO VLP SOH ,I VRPHRQH EXJV \RX

(ED\ &RQVLGHULQJ 3D\SDO 6SLQR̆ Supantha Mukherjee & Edwin Chan

E

part of PayPal, and what VWUXFWXUH WKDW FRXOG WDNH remained unclear, The In IRUPDWLRQ UHSRUWHG Icahn eventually backed R̆ IURP KLV GHPDQG LQ $SULO VD\LQJ WKDW ZKLOH KH VXSSRUWHG D 3D\3DO VSOLW in the near future, now ZDV QRW WKH WLPH 6RPH LQYHVWRUV KRZHYHU IHHO an independent PayPal can grow by attracting on OLQH UHWDLOHUV ZDU\ RI ULYDO H%D\ Reuters

Myanmar Summary

Kacper Pempel/Reuters

%D\ ,QF LV FRQVLGHU LQJ D VSLQR̆ RI 3D\ 3DO LWV IDVW JURZLQJ SD\PHQWV XQLW DV VRRQ DV QH[W \HDU WHFK QHZV ZHE VLWH 7KH ,QIRUPDWLRQ UH SRUWHG FLWLQJ VRXUFHV EBay told potential can GLGDWHV IRU WKH SRVLWLRQ of PayPal chief executive ṘFHU D SRVW WKDW 'DYLG 0DUFXV YDFDWHG LQ -XQH DERXW D SRVVLEOH VSLQR̆ RI WKH SD\PHQWV XQLW WKH ZHEVLWH UHSRUWHG 0DUFXV LV QRZ D )DFHERRN ,QF H[ HFXWLYH

$ 3D\3DO VSLQR̆ ZRXOG PDUN DQ DERXW IDFH IRU WKH FRPSDQ\ (%D\ &(2 -RKQ 'RQDKRH KDV UHVLVW HG GHPDQGV E\ DFWLYLVW LQ YHVWRU &DUO ,FDKQ WR KLYH R̆ WKH SD\PHQWV VHUYLFH VD\LQJ 3D\3DO ZDV LQWH JUDO WR H%D\ÂśV EXVLQHVV Âą DQG YLFH YHUVD Âą DQG D VSOLW ZRXOG QRW PDNH VHQVH “The board will continue WR DVVHVV DOO DOWHUQDWLYHV WR FUHDWH WKDW ORQJ WHUP value and to enhance the growth and competitive SRVLWLRQV RI ERWK H%D\ DQG 3D\3DO 7KLV SRVLWLRQ KDV QRW FKDQJHG ´ H%D\

KHDU \RXUV Ed Heil is owner of StoryTeller Media & Communication.

An eBay logo is projected onto white boxes in this illustration picture taken in Warsaw.

27

IT & TELECOM

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

Tin Mg Oo

2RUHGRR 0DUNV 2̇FLDO 0\DQPDU Commercial Launch in Country’s Capital

5RVV &RUPDFN &(2 RI 2RUHGRR 0\DQPDU VSHDNV WR WKH PHGLD DIWHU WKH WHOHFRP ˃UPɗV RI˃FLDO ODXQFK in Myanmar.

Logan Linnane

A

IWHU DQ H[WHQVLYH DGYHUWLVLQJ FDP SDLJQ DQG D VHULHV RI SUHVV FRQIHUHQFHV 4D WDUL WHOHFRPV ¿UP 2RUH GRR KDV ¿QDOO\ PDGH LWV ṘFLDO ODXQFK LQ 0\DQ PDU 7KLV HYHQW ZDV WKH PRVW extravagant to date, be ing held in the Myanmar International Convention &HQWHU LQ 0\DQPDUœV FDSLWDO RI 1D\ 3\L 7DZ 7R HQVXUH DWWHQGDQFH WR WKH event, Ooredoo provided WUDQVSRUWDWLRQ WR 1D\ 3\L Taw from Yangon and ac

commodation for attend LQJ MRXUQDOLVWV 'LQQHU DQG GULQNV ZHUH SURYLGHG WR DWWHQGDQWV IROORZHG E\ entertainment of tradi WLRQDO 0\DQPDU VRQJ DQG GDQFH 7KH VFDOH RI WKLV HYHQW ZDV DOVR JUDQGHU WKDQ SUHYLRXV 2RUHGRR SUHVV FRQIHUHQFHV QRW RQO\ LQ VL]H EXW DOVR DWWHQGDQFH 1RWDEOH JXHVW VSHDNHUV LQ cluded: U Myat Hein, un LRQ PLQLVWHU IRU FRPPX nication and information WHFKQRORJ\ DQG YLVLWLQJ Group CEO of Ooredoo 'U 1DVVHU 0DUDÂżK Opening the ceremony,

'U 0DUD¿K GHFODUHG WKDW 2RUHGRR LV ³FRPPLWWHG WR breaking down the barri HUV WKDW KDYH EORFNHG 0\ DQPDU IURP KLJK TXDOLW\ WHOHFRP VHUYLFHV ´ He continued to outline how Ooredoo will im SURYH WKH OLYHV RI 0\DQ PDU FLWL]HQV WKURXJK XV LQJ WHFKQRORJ\ DV D PHDQV for human growth, by EULQJLQJ HGXFDWLRQDO DSSV WR 2RUHGRR XVHUV 8 0\DW +HLQ VSRNH highly on the emerging telecommunication in GXVWU\œV SURJUHVV DV D ³D WUXO\ KLVWRULF PRPHQW ´ +H HPSKDVLVHG WKH LP

portance of a competitive WHOHFRPPXQLFDWLRQV ÂżHOG WKDW ZLOO DOORZ FLWL]HQV WR FKRRVH VHUYLFHV WKDW EHVW align with their commu QLFDWLRQV QHHGV 5RVV &RUPDFN &(2 RI Ooredoo Myanmar, de WDLOHG WKH QHZ VHUYLFHV DQG SDFNDJHV WKDW ZLOO now be made available WR XVHUV ZLWK WKLV ṘFLDO ODXQFK While Ooredoo opened with a promotion where 6,0 FDUGKROGHUV FRXOG XVH WKHLU VHUYLFHV IRU IUHH WKLV SUHVV FRQIHUHQFH DOVR VHUYHG DV DQ DQQRXQFH PHQW IRU WKH FRPSDQ\ÂśV JRDOV IRU 0\DQPDU DQG D QHZ VHW RI SURPRWLRQDO Âł6WDUWHU 3DFNV´ IRU LQFRP LQJ 2RUHGRR FXVWRPHUV 6WULYLQJ WR GLYHUVLI\ WKH RSWLRQV DYDLODEOH WR 2RUH GRR FXVWRPHUV 2RUHGRR R̆HUHG D QHZ VHW RI ,Q WHUQHW 3DFNV DQG Âł&KDW 3DFNV ´ 7KH LQWHUQHW SDFNV ZHUH FUHDWHG IRU FXVWRPHUV ZKR DUH LQWHU HVWHG LQ PD[LPLVLQJ WKHLU KDQGVHWÂśV LQWHUQHW XVDJH ZLWK SDFNDJHV UDQJLQJ from: K500 for a daily 30MB of internet, K3,000 for 200MB daily, and . IRU *% GDLO\ $OO RI WKHVH SDFNDJHV DOVR come with a “Facebook ERRVWHU´ ZKLFK DOORZV GDWD WR EH SODFH DVLGH VSH FLÂżFDOO\ IRU )DFHERRN XV

LPSURYH ZLWK D FRQ WDFW FHQWHU VWD̆HG E\ 0\DQPDU VSHDNLQJ UHSUH VHQWDWLYHV

DJH 7KH Âł&KDW 3DFNV´ DOORZ XVHUV 0% RI 606 PHV VDJLQJ IRU . GDLO\ Cormack expanded on WKHVH ÂłFKDW SDFNV´ E\ DQ nouncing a K100 “Social Network Kyat Packâ€? for XVHUV ZKR ZDQW WR XVH WKHLU KDQGVHWV PRVWO\ IRU FRQQHFWLQJ WKURXJK VRFLDO PHGLD 7R DGGUHVV WKH FRQFHUQ RI SRWHQWLDO FXVWRPHUV KDYLQJ SUH H[LVWLQJ KDQG VHWV WKDW DUH LQFRPSDWLEOH with the new Ooredoo network, the telecom pro YLGHU KDV EURXJKW 6DP VXQJ *DOD[\ 9 KDQGVHW WR 0\DQPDU IRU DQ H[FOXVLYH SURPRWLRQ :KHQ WKH 6DPVXQJ *DOD[\ 9 KDQGVHW LV SXU FKDVHG ZLWK DQ 2RUHGRR 6,0 FDUG IRU . WKH SDFNDJH LQFOXGHV PLQXWHV 606 DQG 300MB internet, over a WKUHH PRQWK LQVWDOOPHQW SHULRG &RQFOXGLQJ UHPDUNV RI the conference attempted WR DGGUHVV FRQFHUQV RI WKH LQFUHDVH RI 2RUHGRRÂśV coverage throughout SDUWV RI <DQJRQ DQG WKH UHVW RI 0\DQPDU &RUPDFN VWDWHG WKDW 2RUHGRR LV VWULYLQJ WR reach 25 million citi ]HQV E\ WKH HQG RI &XVWRPHU VHUYLFH ZDV SURPLVHG WR FRQWLQXDOO\

Myanmar Summary

BuD;rm;onfhukefusp&dwfrIrsm; ESifhaMumfjimrIrsm;? ajrmufjrm;pGm aom owif;pm&Sif;vif;yGJrsm; jyKvkyfcJhNyD;aemuf umwmtajc pdu k f qufo, G af &;vkyif ef; tl&'D l RQI }LI ZGN<?UGNEGNLI TLI XZI rsm;udk w&m;0ifpwifa&mif;cs onf h t crf ; tem;ud k j yKvk y f c J h onf/ zGifhyGJtcrf;tem;ß tl&D'l; jrefrmpDtD;tdk emqmrm&mzpfu jrefrmEdkifiHtwGuf tqifhjr§ifh rdkbdkif;qufoG,fa&;0efaqmifrI rsm;udk pwifaqmif&GufEdkifrnf jzpfaMumif; ajymMum;chJonf/ xdkYjyif tcrf;tem;odYk wuf a&muf c J h o nf h quf o G , f a &; 0ef B uD ; OD ; jrwf [ d e f ; uvnf ; jrefrmEdkifiHtwGuf rdkbdkif;quf oG,fa&;u@twGuf ordkif;0if jzpf&yfwpfckyifjzpfaMumif; ajym Mum;cJhonf/ Mo*kwfv 15 &uf aeY w G i f qif ; uwf a &mif ; csrI w&m;0ifpwifcJhonfh tl&D'l;\ qif;uwftifwmeuftoHk;jyKc rSm wpf&ufv Qif 500 usyfESifh 30 MB ? aiGusyf 3000 jzifh wpfaeYvQif 200 MB ? aiGusyf 12000 jzifh wpfaeYvQif 1 GB toD ; oD ; toH k ; jyKEk d i f r nf j zpf onf/

S Korean Firm to Supply Electric Equipment Worth $13m to Myanmar Company Kyaw Min

L

WRPLVHG LWHPV /6 *URXS ZDV VSXQ R̆ IURP /* *URXS LQ /6 *URXS DQG LWV VXEVLGL DULHV KDYH DSSUR[LPDWHO\ ELOOLRQ LQ UHYHQXH worldwide with about 100 VXEVLGLDULHV LQ FRXQ WULHV (VWDEOLVKHG LQ $VLD *HQHUDO (OHFWULF LV WKH OHDGLQJ ¿UP LQ 0\ DQPDU LQ WHUPV RI KLJK YROWDJH WUDQVIRUPHUV DQG VZLWFK ERDUGV ZLWK FXVWRPHUV LQ RLO DQG JDV FRPSDQLHV Myanmar Summary LS pufrIvkyfief;onf jrefrm Edik if o H kY d Vacuum circuit breakers

tvHk; 3000 wifoGif;&ef jrefrm Edik if t H Bu;D qHk;vQypf pfypĂśn;f ukrP Ăœ D jzpfonfh Asia General Electronic ukrĂœPDESifh oabmwlvufrSwf a&;xdk;cJhaMumif; od&NyD; tqdkyg ypĂśnf ; rsm ;tm; vmrnfh ig;ES p f

twGif; wifoGif;rnfjzpfaMumif; od&onf/ pmcsKyft& pkpkaygif;wifydkYrnfh ypĂśnf;yrmPrSmtar&duefa':vm 13oef;cefw Y efzkd;&So d nf[k awmif udk&D;,m;vQyfppfypĂśnf;ESifh tvdk

LS Group/WMC

6 ,QGXVWULDO 6\V WHPV DQQRXQFHG WKDW LW VLJQHG D GHDO ZLWK 0\DQPDUÂśV ODUJHVW HOHFWULF HTXLSPHQW PDNHU $VLD *HQHUDO (OHFWULF &R WR VXSSO\ YDFXXP FLUFXLW EUHDNHUV IRU WKH QH[W ÂżYH \HDUV 7KH WRWDO VXSSO\ YRO XPH LV PLOOLRQ IRU WKH whole length of the con tract, the South Korean HOHFWULFDO HTXLSPHQW DQG DXWRPDWLRQ V\VWHPV VHU YLFHV SURYLGHU VDLG 8QGHU WKH WHUPV RI WKH DJUHHPHQW WKH HTXLS PHQW WKDW /6 ,QGXVWULDO 6\VWHPV ZLOO VXSSO\ LQ

cluding the vacuum cir FXLW EUHDNHUV ZLOO EH VROG LQ 0\DQPDU DV ÂżQLVKHG SURGXFWV DIWHU FDEOHV DQG RWKHU FRPSRQHQWV DUH DGGHG Of the 210 vacuum cir FXLW EUHDNHUV WR EH GHOLY HUHG ZLWK WKH \HDUÂśV HQG the Korean company, ZKLFK LV D VXEVLGLDU\ RI /6 *URXS ZLOO VXSSO\ FLUFXLW EUHDNHUV ZLWKLQ $XJXVW IROORZHG E\ RWKHU LWHPV VXFK DV UHOD\V DQG PROG WUDQVIRUPHUV Under the comprehen VLYH WHFKQLFDO FRRSHUDWLRQ deal, the Korean company ZLOO OHQG VXSSRUW WR $VLD *HQHUDO (OHFWULF LQ LWV HI IRUW WR GHYHORS ORFDOO\ FXV

tavsmufjyKvyk af ompufu&d , d m rsm;udk yhHydk;aeonfh ,if;ukrĂœPD u ajymcJhonf/ xdkYjyif oabmwlnDrIrsm;t& LS pufrIvkyfief;onf Vacuum circuit breakers rsm;udkaxmufyhH ay;rnfhtjyif 0g,mBudK;rsm;ESifh tjcm;tpdwftydkif;rsm;udkvnf; axmuf y H h a y;oG m ;rnf [k od & onf/tqdkyg LS Group ukrĂœPD onf awmif u d k & D ; ,m;vQyf p pf ukrĂœPD LG \vkyfief;cGJwpfck tjzpf 2003 ckESpfwGif pwif wnfaxmifcJhjcif;jzpfNyD; ESpfpOf cef Y r S e f ; ajctar&d u ef a ':vm 25 'or 2 bDvD,H0ifaiG&&SdcJhNyD; Edik if aH ygif; 25 Edik if w H iG f vkyif ef;cGJ aygif; 100 cefY zGifhvSpfxm;onf/

28

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

INTERNATIONAL AND DOMESTIC FLIGHT SCHEDULE Flig ghts s fro om Yang gon (RGN N) to Bangkok (BKK) Flight No. PG 706 DD4231 FD2752 8M335 TG304 PG702 Y5-237 TG302 PG703 8M331 FD2754 PG704 TG306 DD4239

Flig ghts s fro om Bang gkok (BK KK) to Ya angon (RGN)

7 7 7 7 7 7 7 7 7 7 7 7 7

From RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN

To BKK DMK DMK BKK BKK BKK BKK BKK BKK BKK DMK BKK BKK

ETD 7:15 8:00 8:30 8:40 9:50 10:45 18:05 14:45 15:20 16:30 17:50 18:25 19:40

ETA 9:30 9:45 10:15 10:25 11:45 12:40 19:50 16:40 17:15 18:15 19:35 20:20 21:35

Operated by: Bangkok Airways NOK Airlines Thai AirAsia MAI Thai Airways Bangkok Airways Golden Myanmar Airlines Thai Airways Bangkok Airways MAI Thai AirAsia Bangkok Airways Thai Airways

Flight No. DD4230 8M336 FD2751 TG303 PG701 FD2755 PG707 Y5-238 FD2753 PG703 TG305 DD4238 8M332

1 2 3 4 5 6 7

RGN

DMK

21:00

22:45

NOK Airlines

PG705

1 1 1 1 1 1 1 1 1 1 1 1 1

2 2 2 2 2 2 2 2 2 2 2 2 2

Days s 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5 3 4 5

6 6 6 6 6 6 6 6 6 6 6 6 6

Flig ghts s fro om Yango on (RGN)) to Chia ang Maii (CNX) W9-9607

4

7

RGN

CNX

14:50

7 7 7 7 7 7 7 7 7 7 7 7 7

From DMK BKK DMK BKK BKK DMK BKK BKK DMK BKK BKK BKK BKK

To RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN RGN

ETD 06:30 6:40 7:15 8:00 8:50 11:35 13:40 21:10 16:35 16:45 17:55 19:30 19:20

ETA 07:55 7:25 8:00 8:45 9:40 12:20 14:30 21:55 17:20 17:35 18:40 20:15 20:05

Operated by: NOK Airlines MAI Thai AirAsia Thai Airways Bangkok Airways Thai AirAsia Bangkok Airways Golden Myanmar Airlines Thai AirAsia Bangkok Airways Thai Airways NOK Airlines MAI

1 2 3 4 5 6 7

BKK

RGN

20:00

21:15

Bangkok Airways

1 1 1 1 1 1 1 1 1 1 1 1 1

1 2 3 4 5 1 1 2 3 4 5 1 2 3 4 5 1 3 4 5 5 1 2 3 4 5 1 2 3 4 5

6 6 6 6 6 6 6 6

7 7 7 7 7 7

RGN RGN RGN RGN RGN RGN RGN RGN

SIN SIN SIN SIN SIN SIN SIN SIN

10:10 0:25 8:30 10:25 11:30 13:45 19:05 16:40

16:20 14:40 5;00 13:00 14:45 16:05 18:15 23:40 21:15

Air Bagan

W9-9608

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

VN956

1

RGN RGN RGN

KUL KUL KUL

8:30 8:55 12:15

Golden Myanmar Airlines SilkAir MAI Singapore Airline Jetstar Asia MAI TigerAir SilkAir

12:50 12:55 16:30

5 6 7

RGN

HAN

19:10

Y5-234 SQ998 8M6231/3K585 8M232 MI518 8M235 TR2826 MI520

2

4

7

RGN

SGN

14:25

1 1 1 1 1

2 3 4 2 3 4 3 4 2 3 4 2 3 4

5 5 5 5 5 5 1 2 3 4 5 5

1 2 3 4 5 6 2 5 6

RGN RGN

TPE TPE

10:50 11:35

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

RGN RGN RGN

KMG KMG KMG

14:15 14:40 12:20

2 3 4

6 7

RGN

BJS

14:15

Days s 3

From RGN

6

To NNG

ETD 12:20

VN957

1

1 2

4

6

RGN

HKG

1:10

17:20

17:50

Air Bagan

SIN SIN SIN SIN SIN SIN SIN SIN

RGN RGN RGN RGN RGN RGN RGN RGN

15:35 7:55 9:10 14:10 14:20 19:15 17:05 22:10

17:05 9:20 10:40 15:40 15:45 20:45 18:25 23:35

Golden Myanmar Airlines Singapore Airline Jetstar Asia MAI SilkAir MAI TigerAir SilkAir

KUL KUL KUL

RGN RGN RGN

6:55 10:05 14:00

8:00 11:15 15:00

AirAsia Malaysia Airlines MAI

17:10

3

5 6 7

HAN

RGN

16:35

18:10

Vietnam Airlines

Fllig ghts s fro om Ho Chii Minh (S SGN) to Yangon n (RGN)

Vietnam Airlines

VN943

2

4

7

SGN

RGN

11:40

13:25

Vietnam Airlines

Fllig ghts s from Taipei (TPE E) to Yan ngon (RGN)

16:10 17:20

China Airline EVA Air

CI7915 BR287

Air China China Eastern China Eastern (via NNG)

CA905 MU2031 MU2011

1 2 3 4 5 6 7 2 5 6

21:55

TPE TPE

RGN RGN

7:15 7:30

10:05 10:35

China Airline EVA Air

Fllig ghts s fro om Kunm ming(KM MG) to Yangon (RGN) 2 3 4 6 7 1 2 3 4 5 6 7 3 6

KMG KMG KMG

RGN RGN RGN

12:40 13:30 8:25

13:15 14:00 11:30

Air China China Eastern China Eastern (via NNG)

Fllig ghts s from Beijjing (BJS S) to Yan ngon (R RGN) Air China (via KMG)

CA905

2 3 4

6 7

BJS

RGN

8:05

13:15

Air China (via KMG)

Flig ghts s fro om Nann ning (NN NG) to Ya angon (RGN)

ETA 16:25

Operated by: China Eastern

Flight No. MU2011

Days s 3

Flig ghts s fro om Yango on (RGN)) to Hon ng Kong (HKG) KA251

7 7 7 7 7

Vietnam Airlines

Flig ghts s fro om Yang gon (RGN N) to Na anning (NNG) Flight No. MU2012

7 7

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

Fllig ghts s from Yan ngon (RG GN) to Beijing (BJS) CA906

RGN

Flig ghtts frrom Han noi (HAN N) to Yan ngon (R RGN)

21:30

17:35 17:55 18:10

CNX

Flig ghtts frrom Kuala Lumpur (KUL)to o Yangon n (RGN)

Fllig ghts s fro om Yang gon (RGN N) to Kunming(KMG) CA906 MU2032 MU2012

6 6 6 6 6 6 6

AK1426 MH740 8M502

Fllig ghts s from Yan ngon (RG GN) to Taipei (T TPE) CI7916 BR288

7

AirAsia MAI Malaysia Airlines

Fllig ghts s fro om Yangon (RGN) to Ho Chi Minh h (SGN) VN942

6 6 6 6 6 6 6 6 6 6 6 6 6

4

Flig ghtts frrom Yan ngon (RG GN) to Hanoi (H HAN) 3

Days s 4 5 4 5 4 5 4 5 4 5 4 5 4 5 4 5 4 5 4 5 4 5 4 5 4 5

Fllig ghts s fro om Singa apore (SIN) to Yangon (RGN)

Fliightts frrom m Yangon n (RGN) to Kuala a Lumpu ur (KUL) AK1427 8M501 MH741

3 3 3 3 3 3 3 3 3 3 3 3 3

Flig ghts s fro om Chiang g Mai (C CNX) to Yangon (RGN)

Fllig ghts s fro om Yang gon (RGN N) to Sin ngapore (SIN) Y5-233 MI509 8M231 SQ997 8M6232/3K586 8M233 TR2827 MI517

2 2 2 2 2 2 2 2 2 2 2 2 2

5:35

From NNG

6

To RGN

ETD 10:15

ETA 11:30

Operated by: China Eastern

Hon ng Kong (HKG) Flights from Ya angon (RGN) Dragon Air

KA250

1

3

5

7

HKG

RGN

21:50

23:45

Dragon Air

*P Plea ase e no ote the e day change for the deparrture time to o Hong Kong g.

Fllig ghts s fro om Yangon (RGN) to Guan ng Zhou u (CAN) 8M711 CZ3056 CZ3056

2

4

7

3

6

1

5

RGN RGN RGN

CAN CAN CAN

8:40 11:20 17:40

13:15 15:50 22:15

Fllig ghts s fro om Guang Zhou (C CAN) to Yangon n (RGN)

MAI China Southern Airline China Southern Airline

CZ3055 8M712 CZ3055

3 2 1

Fligh hts fro om Yang gon (RGN) to Ko olkata (C CCU) Flight No. AI228 AI234

Days s 1

8M 601 AI234

1 1

NH914

1

From RGN RGN

5 5

To CCU CCU

ETD 18:45 13:40

ETA 19:45 16:55

5 6 5

RGN RGN

GAY GAY

10:30 13:40

Operated by: Air India Air India (via GAY)

Flight No. AI227 AI233

6

RGN

NRT

22:00

MAI Air India

8M 602 AI233

1

Days s

ALL NIPPON Airways

NH913

1

1

3 4

5

7 7

QR619

1 2 3 4 5 6 7

RGN RGN

ICN ICN

0:05 0:50

DOH

8:00

8:00 8:50

Korean Air Asiana

KE471 OZ4753

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

From RGN RGN RGN RGN RGN

To NYT NYT NYT NYT NYT

ETD 7:30 11:30 16:30 8:00 15:30

ETA 8:30 12:30 17:30 9:00 16:30

1 2 2 1 2 1 1 2 1 2 1 2 1 2

3 4 5 6 7 4 6 7 3 4 5 6 7 5 3 4 5 6 7 3 4 3 4 5 6 7 3 4 5 6 7

RGN RGN RGN RGN RGN RGN RGN RGN

MDY MDY MDY MDY MDY MDY MDY MDY

6:15 6:30 6:10 11:15 15:00 6:00 6:30 11:30

From CCU CCU

5 5 3

5 6 5

3

Qatar Airways

QR618

1 23

GAY GAY

6

NRT

4 5 6 7 3 6

1 2 3 4 5 6 7

China Southern Airlines MAI China Southern Airlines

To RGN RGN

ETD 10:35 13:30

ETA 13:20 18:00

Operated by: Air India Air India (via GAY)

RGN RGN

12:50 15:00

16:00 18:00

MAI Air India

RGN

11:10

17:05

ALL NIPPON Airways

ICN ICN

RGN RGN

18:40 19:30

22:55 23:40

Korean Air Asiana

DOH

RGN

21:05

06:29+1

Qatar Airways

Fllig ghts s fro om Nay Py yi Taw (N NYT) to Yangon n (RGN)

Operated by: FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter

Flight No. FMI-A2 FMI-B2 FMI-C2 FMI-A2 FMI-A2

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

Fliightts frrom Yango on (RGN) to Man ndalay (MDY) Y5-234 YH 909 YH 917 YH 727 YH 731 W9 501 K7 222 YJ 201

10:30 15:45 16:35

Flightts frrom Doh ha (DOH) to Yangon (R RGN)

11:45

Fllig ghts s fro om Yangon (RGN) to Nay Pyi Taw w (NYT) Flight No. FMI-A1 FMI-B1 FMI-C1 FMI-A1 FMI-A1

8:40 14:15 14:45

Flig ghts s from Seo oul (ICN)) to Yan ngon (RG GN)

Fllig ghts s from Yan ngon (RG GN) to Doha (DO OH) RGN

RGN RGN RGN

Fliightts frrom Tok kyo (NRT T) to Ya angon (R RGN)

Flig ghts s from Yan ngon (RG GN) to Seoul (IC CN) KE472 OZ7463

CAN CAN CAN

Flig ghts s from Gay ya (GAY) to Yan ngon (RG GN)

11:50 15:00 06:40+1

5

1

Flig ghtts frrom Yan ngon (RG GN) to Tokyo (N NRT) 3

7

Fligh hts fro om Kolk kata (CCU U) to Ya angon (R RGN)

Flig ghts s from Yan ngon (RG GN) to Gaya (GA AY) 3

6 4

From NYT NYT NYT NYT NYT

To RGN RGN RGN RGN RGN

ETD 8:50 13:00 18:00 10:00 17:00

ETA 9:50 14:00 19:00 11:00 18:00

Operated by: FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter FMI Air Charter

Fliightts frrom Mand dalay (MD DY) to Yangon (RGN)

7:30 8:10 8:30 13:25 17:10 7:25 8:40 12:55

Golden Myanmar Airlines Yangon Airways Yangon Airways Yangon Airways Yangon Airways Air Bagan Air KBZ Asian Wings

Flight No. Days s From To ETD ETA Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 Days - (1) Monday (2) Tue esda ay (3 3) Wed dnes sda ay (4) Thursday y (5) Friday (6) Saturday (7) Su unday

Operated by: Golden Myanmar Airlines

Y5-233 YH 910 YH 918 YH 728 YH 732 W9 502 K7 223 YJ 202

9:25 10:30 10:25 11:05 19:15 18:15 11:05 17:25

Golden Myanmar Airlines Yangon Airways Yangon Airways Yangon Airways Yangon Airways Air Bagan Air KBZ Asian Wings

Flight No. Days s From To ETD ETA Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 Days - (1) Monday (2) Tue esda ay (3 3) Wed dnes sda ay (4) Thursday y (5) Friday (6) Saturday (7) Su unday

Operated by: Golden Myanmar Airlines

Mann Yadanarpon Airlines

1 1 1 1 1 1 1 1

2 3 4 5 6 3 2 3 4 6 5 2 3 4 5 6 2 3 4 2 3 4 5 6 2 3 4 5 6

7 7

7 7

MDY MDY MDY MDY MDY MDY MDY MDY

RGN RGN RGN RGN RGN RGN RGN RGN

8:10 7:40 8:30 9:10 17:10 16:10 9:00 16:00

IT & TELECOM

29 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Thai Tech Firm Expands into Myanmar, Eyes IT Enterprise Segment Aye Myat

T

more than 60 million with ORZ FRVW ZHOO HGXFDWHG ODERXU EDVH ZKLOH WKH JRYHUQPHQW DOVR KDV SROL FLHV WR SXVK IRUZDUG PRUH LQGXVWULDOV DQG LQIUDVWUXF WXUH GHYHORSPHQW 1DURQJ VDLG JOREDO ,7 JL DQWV VXFK DV 90ZDUH +3 (QWHUSULVH *URXS 6\PDQ WHF 0LFURVRIW &LVFR ) 1HW$SS (0& )XMLWVX &LWUL[ DQG %X̆DOR KDYH DOUHDG\ DSSRLQWHG WKH ÂżUP DV WKHLU GLVWULEXWRU LQ 0\ DQPDU +H VDLG RQFH WKH FRP SDQ\ ZDV VHW XS LW VWDUWHG GHYHORSLQJ ORFDO GHDOHUV VR WKDW WKH\ FRXOG JHW FHUWLÂżHG E\ WKH YHQGRUV DQG EHFRPH VSHFLDOLVHG LQ HQWHUSULVH EXVLQHVV LQ WHUPV RI QHW ZRUN V\VWHP GDWD FHQWUH DQG VHFXULW\ V\VWHP Âł7KLV KDV EHHQ RXU ÂżUVW SULRULW\ EHFDXVH ORFDO GHDO HUV LQ WKH SDVW GLG QRW KDYH HQRXJK RSSRUWXQLWLHV WR DWWHQG D VHPLQDU RU WUDLQ LQJ RQ VROXWLRQV 7KH 9DOXH 6\VWHPV LV WKH ÂżUVW FRP SDQ\ WR KROG D VHPLQDU WR JHWKHU ZLWK YHQGRUV WR JLYH NQRZOHGJH WR ORFDO GHDOHUV VLQFH WKH FRPSDQ\ ZDV QRW HYHQ VHW XS \HW ´ 7KDLODQGÂśV .DVLNRUQ %DQN DOVR SURYLGHV WKH ÂżUP D SODFH WR KROG PRQWK

Simon Dawson/Bloomberg

KDLODQGÂśV 7KH 9DOXH 6\VWHPV &R /WG D member of Singa SRUH EDVHG (&6 +ROG LQJV /WG KDV H[SDQGHG LWV EXVLQHVV LQWR 0\DQPDU E\ VHWWLQJ XS LWV ÂżUVW VXEVLGL DU\ LQ WKH 6RXWKHDVW $VLDQ country in a bid to capital LVH RQ HPHUJLQJ PDUNHW RS SRUWXQLWLHV Narong Intanate, execu tive chairman of The Value 6\VWHPV VDLG WKH ÂżUP VHHV an opportunity in Myan PDU VLQFH LW KDV LPSURYHG LQ PDQ\ DVSHFWV LQFOXGLQJ SROLWLFV DQG DGPLQLVWUD WLRQ 7KH 86 DQG (8 KDYH VRIWHQHG WKHLU HFRQRPLF DQG WUDGH SROLFLHV WRZDUGV 0\DQPDU LQ WKH SDVW IHZ \HDUV SDYLQJ WKH ZD\ IRU Myanmar into the world HFRQRPLF VWDJH +H VDLG 7KDLODQG LV DO UHDG\ FRQVLGHUHG D PD tured market and growth LV GHFUHDVLQJ E\ WKH \HDU ZKLOH WKH XQVWDEOH SROLWLFDO VLWXDWLRQ DOVR VORZHG GRZQ WKH ÂżUPÂśV EXVLQHVV Âł7KLV LV RQH RI WKH UHDVRQV why we have to explore and GLYHUVLI\ LQWR QHZ WHUULWRU\ VXFK DV &DPERGLD /DRV and Myanmar (CLM) that ZLOO EULQJ XV EHWWHU EXVL

QHVV RSSRUWXQLWLHV DQG JURZWK ´ 1DURQJ VDLG +H VDLG 7KDLODQGœV ,7 PDUNHW ZDV ZRUWK ELO lion annually but had been IDFLQJ VORZHU JURZWK ZKLOH LQ FRPSDULVRQ WKH ,7 PDU NHWV LQ &DPERGLD /DRV and Myanmar are expected WR FRQWLQXH JURZLQJ E\ 20 percent in the coming \HDUV 1DURQJ VDLG WKH ¿UPœV VXEVLGLDU\ (&6 9DOXH 0\ DQPDU 6HUYLFHV &R /WG DLPV WR IRFXV RQ ,7 HQWHU SULVH EXVLQHVV LQ 0\DQ PDU ³:H PD\ QRW EH WKH ¿UVW 7KDL ,7 FRPSDQ\ WR VHW XS D VXEVLGLDU\ LQ 0\DQPDU EXW ZH DUH WKH ¿UVW ,7 &RP SDQ\ LQ 0\DQPDU IRFXV LQJ RQ HQWHUSULVH EXVLQHVV PDUNHW ³7KH PDUNHWV IRU 3&V DQG 1RWHERRNV DUH ZDQLQJ DQG 0\DQPDU DOUHDG\ KDV LWV RZQ ORFDO DJHQW LQ WKLV EXVLQHVV VR WKHUH ZRXOG QRW EH VR PXFK YDOXH DGG ed to the company if we VKDUH WKH 3& DQG 1RWHERRN PDUNHWV +RZHYHU WKH HQ WHUSULVH EXVLQHVV LV QHZ ZLWK PDQ\ ZD\V RSHQLQJ XS IRU LW ´ +H VDLG WKH VWURQJHVW SRLQW RI 0\DQPDU LV WKDW LW KDV D ODUJH SRSXODWLRQ RI

O\ VHPLQDUV KH VDLG Âł1RZ WKHUH DUH ORFDO GHDOHUV FHUWLÂżHG E\ ODUJH YHQGRUV VXFK DV 90ZDUH DQG &LVFR UHDG\ WR GHOLYHU VROXWLRQV VHUYLFHV WR RUJDQLVDWLRQ FXVWRPHUV LQ 0\DQPDU ´ 1DURQJ VDLG 0\DQPDU ZRXOG JHQHUDWH DW OHDVW SHUFHQW RI WKH FRPSDQ\ÂśV VDOHV UHYHQXH RI PLOOLRQ WKLV \HDU “We expect Myanmar will contribute half our rev HQXH RXWVLGH 7KDLODQG LQ WKH ORQJ WHUP %\ ZH expect our revenue from abroad will exceed half our total revenue,â€? Narong VDLG

LG G3 UX Treatment to be Standardised Across Mid- to Entry-Level Smartphones and Tablets Wai Linn Kyaw

L

LG

* (OHFWURQLFV /* ZLOO EHJLQ VWDQGDUG LVLQJ LWV SURSULHWDU\ 8; IHDWXUHV ÂżUVW LQWUR duced in the new LG G3, DFURVV PRVW RI WKH FRP

SDQ\ÂśV PLG WR HQWU\ OHYHO VPDUWSKRQHV DQG WDEOHWV ODXQFKHG LQ WKH VHFRQG KDOI RI WKLV \HDU WKH 6RXWK .R UHDQ HOHFWURQLFV JLDQW VDLG )URP HQWU\ OHYHO WR SUH PLXP /* KDV EHHQ ZRUN LQJ RQ D XQLIRUP XVHU

H[SHULHQFH 8; DFURVV LWV HQWLUH PRELOH SURGXFW OLQHXS Âł:LWK WKH EDVLF SULQFL SOHV RI WKH * ÂśV 8; IHD WXUHV URRWHG LQ PDNLQJ FRPSOH[ WHFKQRORJLHV VLPSOH DQG FRQYHQLHQW

RXU JRDO ZDV WR SURYLGH FRQVXPHUV ZLWK D XVHU experience they genuinely QHHG DQG ZDQW ´ VDLG 0LQ Park, managing director RI /* (OHFWURQLFV 0\DQ PDU ³6WDQGDUGLVLQJ WKHVH IHDWXUHV DFURVV RXU HQ WU\ DQG PLG WLHU PRELOH SURGXFWV LV MXVW D QDWXUDO H[WHQVLRQ RI RXU GHVLUH WR make every LG device feel SUHPLXP DQG XQLTXH ´ /* VDLG VLQFH LWV ZRUOG wide unveiling in May, 8; IHDWXUHV KDYH EHHQ SRVLWLYHO\ UHFHLYHG E\ ERWK FXVWRPHUV DQG LQ GXVWU\ H[SHUWV $ VLPSOL¿HG FDPHUD GLVSOD\LQJ RQO\ WKH PRVW IUHTXHQWO\ XVHG PHQXV LV RQH RI WKH 8; IHDWXUHV WKDW ZLOO EH VWDQGDUGLVHG One of the key cam HUD IHDWXUHV LV ¾7RXFK

wGifwdk;wufvmrIESifhtwltcGifh tvrf;rsm;jrifae&aMumif;ajym pifumyltajcpdkuf ECS Mum;onf/rMumao;rDEp S t f enf; Holdings Ltd \tzGJU0ifjzpf i,f t wG i f ; tar&d u ef j ynf aomxdkif;EdkifiHrS The Value axmifpkESifh Oa&myor*žwdkUonf Systems Co Ltd onfjrefrmEdkif jref r mEd k i f i H t ay:pD ; yG m ;a&;ES i f h iHwGifyxrqHk;vkyfief;cGJudk wnf uk e f o G , f a &;ajzavQmh r I r sm;jyK axmif u mvk y f i ef ; csJ U xG i f v m vk y f v mĂ­jref r mEd k i f i H t wG u f cJ h N yD ; zG H U Nzd K ;pta&S U awmif t m&S urÇ m h p D ; yG m ;a&;Zmwf c H k a y:od k U aps;uGufjrefrm\tcGifhtvrf; vrf;cif;ay;cJhonf/ rsm;rStusK;d tjrwfrsm;&,l&efBuKd ; xdkif;EdkifiHrSmrl &ifhrSnfhNyD;aom yrf;vmvsuf&Sdonf/ aps;uG u f j zpf u mzG H U Nzd K ;rI r S m ES p f The Value Systems\trI tvd k u f u sqif ; vmaMumif ; ES i f h aqmifOuĂşX em&Gef tifwmemwD Ed k i f i H a &;rwnf N id r f r I u vnf ; X}LI ZG N 8 YN \ I L HI RQI M UHI U P ukrĂœPD\vkyfief;rsm;udkxdcdkuf EdkifiH\EdkifiHa&; ESifh tkyfcsKyfa&; DSF-KD0XPLI }LI XTGNRQI yd k i f ; qd k i f & mu@trsm;tjym; Myanmar Summary

6KRRWÂś ZKLFK KHOSV FDS WXUH LPDJHV TXLFNO\ DQG LQWXLWLYHO\ E\ OHWWLQJ XVHUV WDS DQ\ZKHUH RQ WKH GLV SOD\ WR IRFXV DQG WULJJHU WKH VKXWWHU LQ RQH VLQJOH VWHS HOLPLQDWLQJ D WZR VWHS SURFHVV Another UX feature to EH VWDQGDUGLVHG LV 6PDUW .H\ERDUG ZKLFK UHGXFHV input error by up to 75 percent by tracking and DQDO\VLQJ W\SLQJ KDELWV and intuitively “knowingâ€? ZKDW ZRUGV WKH XVHU LQ tended to type, according WR /* The keyboard can be UH VL]HG WR EHWWHU ÂżW WKH XVHUÂśV KDQGV DQG WKXPEV 6XJJHVWHG ZRUGV ZKLFK appear above the key board, can be entered ZLWK DQ XSZDUG Ă€LFN RI WKH WKXPE ,QGLYLGXDO NH\V FDQ EH FXVWRPLVHG ZLWK IUHTXHQWO\ XVHG V\PEROV IRU IDVWHU LQSXW /RQJ SUHVVLQJ WKH VSDFH EDU DQG VOLGLQJ WKH WKXPE RU ÂżQJHU OHIW DQG ULJKW UH SRVLWLRQV WKH FXUVRU IRU IDVWHU HGLWLQJ

Myanmar Summary LG Electronics RQI }LI

wd k Y uk rĂœ PD rS xk w f vk yf cJ h onf h UX features LG G 3 prwf

zkef;rsm;udk pHEIef;owfrSwfrIrsm; jyKvyk af wmhrnf[k tqdkygukrP Ăœ D u aMunmcJhonf/ ueOD;tqifh xk w f u k e f r sm;rS t&nf t aoG ; ed r f h y pĂś n f ; rsm;rS t&nf t aoG ; aumif ; ypĂś n f ; rsm;txd pH E I e f ; owfrSwfrIrsm;udk jyKvkyfoGm;rnf jzpfonf[k od&onf/ 'DvdkpHEIef; owfrSwf&wmu LG toHk;jyK wJholawGu uRefawmfwdkYypĂśnf; [m t&nftaoG;aumif;rGefNyD; NyKd ib f ufuif;w,fqw kd mjyocsif vd k Y y g}}[k L G E l e c t r o n i c Myanmar \refae*sif;'g½dkuf wm Min Park u ajymcJhonf/ xdkYjyif LG RQI }LI ? UX features G3's prwfzkef;rsm;udk pwifrdwfqufcJhNyD;aemufydkif; uRrf;usifolr sm;ESifhazmufonf rsm;xHrS tjyKoabmaqmifonfh vuŠPmrsm;vufcH&&SdcJhaMumif; }LI X TXI Y XI DM\P0XP F-K onf/

SOCIAL SCENES

30

Myanmar Business Today mmbiztoday.com

August 28-September 3, 2014

2nd Anniversary of Tokyo Fukushi University

EDNA Myanmar Launch Event

Terada Makato gives his speech at the event. Richard Seymour, senior lecture and program director, makes presentation at the event. Kyaw Min

Daw San San Ye, mentor and field officer at the event. Kyaw min

U Win Myint, director of policy reviewing planning and statistics department for Ministry of commerce Kyaw Min gives a speech at the event.

U Kyaw Su Han, CEO of EDNA Myanmar. Kyaw Min

Delegates at the event.

Daw Kyu Kyu Naing, Chairperson of Tokyo University of Social Welfare Myanmar Japanese language office.

Kyaw min

Delegates pose for a photo.

Press Conference: Yoma Yangon International Marathon 2015 U Kyaw Soe, Secretary General of YCDC, giving the opening speech at the Yoma Yangon International Marathon. Kyaw Min

Guests at the event.

Guests at the event.

Promotion event of Thai Goods, Thai Quaility 2014 Andrew Rickards, CEO, Yoma Strategic Holdings, speaking at the Yoma Yangon International Marathon. Kyaw Min Delegates cutting ribbon at the event. Kyaw Min

Serge Pun, Chairman, YOMA Strategic Holdings (R) presents a token of appreciation to an attendee at press conference. Kyaw Min

Delegates at the event. Kyaw Min

Serge Pun, Chairman, YOMA Strategic Holdings (R) presents a token of appreciation to U Kyaw Soe, Secretary General of YCDC (L). Kyaw Min

Delegates pose for a photo at the event.

Kyaw Min

CLASSIFIEDS

August 28-September 3, 2014

31 Myanmar Business Today mmbiztoday.com

ENTERTAINMENT

32 Myanmar Business Today

August 28-September 3, 2014

mmbiztoday.com

Yangon International Marathon to be Held in Jan’15 Myanmar’s largest annual marathon target an increase of more than 1,000 participants Kyaw Min

T

HQFH IRU HYHU\ SDUWLFL SDQW WKH RUJDQLVHUV VDLG 5HJLVWUDWLRQ IRU <<,0 ELOOHG DV WKH QD WLRQÂśV ODUJHVW PDUDWKRQ VWDUWHG IURP $XJXVW and will continue until 'HFHPEHU ,QWHUQDWLRQDO SDUWLFL SDQWV FDQ ORJ RQWR www. yomayangonmarathon.com WR UHJLVWHU ZKLOH ORFDO SDUWLFLSDQWV FDQ UHJLVWHU LQ SHUVRQ DW )0, &HQWUH 1R Bogyoke Aung San Road,

Yoma Strategic Holdings

KH WKLUG <RPD <DQ gon International Marathon (YYIM) will be held on January 11 QH[W \HDU WKH PDUDWKRQÂśV RUJDQLVHUV DQQRXQFHG 7KH RUJDQLVHUV Âą )LUVW 0\DQPDU ,QYHVWPHQW )0, D VXEVLGLDU\ RI <RPD 6WUDWHJLF +ROG LQJV DQG <DQJRQ &LW\ Development Committee <&'& Âą VDLG WKH\ KRSH to grow the marathon SDUWLFLSDQW EDVH WR UXQQHUV LQ XS IURP about 3,000 local and LQWHUQDWLRQDO UXQQHUV WKLV \HDU Âł<RPD 6WUDWHJLF LV WKULOOHG WR SUHVHQW WKH <RPD <DQJRQ ,QWHUQD WLRQDO 0DUDWKRQ ,W

LV LPSRUWDQW WKDW ZH FRQ tinue to grow the event ZLWK HDFK \HDU DQG WR DW WUDFW PRUH SDUWLFLSDQWV ´ Serge Pun, chairman, <RPD 6WUDWHJLF VDLG Âł,QWHUQDWLRQDO PDUD WKRQV EULQJ WRJHWKHU people from all over the ZRUOG ZLWK D SDVVLRQ IRU UXQQLQJ DQG UHSUHVHQW peaceful competition and the importance of a KHDOWK\ OLIHVW\OH , ORRN forward to joining the H[SHFWHG UXQQHUV DW WKH VWDUWLQJ OLQH FRPH UDFH GD\ ´ KH VDLG 2̇ FLDOV IURP WKH RU JDQLVLQJ WHDP DUH ZRUN LQJ FORVHO\ ZLWK <&'& WR HQVXUH WKDW <DQJRQÂśV RQO\ URDG UDFH DQG LWV VXU URXQGLQJ HYHQW DFWLYLWLHV DUH DQ HYHQ EHWWHU H[SHUL

A new philanthropic component will also be introduced for YYIM 2015 whereby selected Charity Ambassadors will use the race as a platform to raise funds, and awareness for chosen charities.

3DEHGDQ WRZQVKLS <DQ JRQ 5HJLVWUDWLRQ RI SDUWLFL SDQWV ZLOO EH VHUYHG RQ D Âż UVW FRPH Âż UVW VHUYHG EDVLV DQG <RPD VDLG ÂłUXQQHUV DUH HQFRXUDJHG WR UHJLVWHU HDUO\ WR DYRLG GLVDSSRLQWPHQW ´ ,QWHU QDWLRQDO SDUWLFLSDQWV FDQ HQMR\ Âł(DUO\ %LUG´ UDWHV XQWLO 2FWREHU 7KH VWDUW DQG Âż QLVK SRLQW RI WKH YDULRXV UDFHV LV 7KXZDQQD ,QGRRU 6WD GLXP (YHQW RUJDQLVHUV are working with YCDC WR LPSURYH WKH FRXUVH URXWH EDVHG RQ IHHGEDFN UHFHLYHG IURP WKH PDUDWKRQ DQG WKH Ṙ FLDO FRXUVH URXWHV IRU <<,0 2015 will be announced FORVHU WR WKH HYHQW GDWH and will be available for viewing on the event ZHEVLWH <RPD VDLG 6RPH RI WKH VLWHV LQ <DQJRQ WKDW WKH PDUD WKRQ FRXUVH URXWH ZLOO include are Botahtaung 3DJRGD 6KZHGDJRQ 3D JRGD DQG ,Q\D /DNH Charity ambassadors <RPD VDLG D QHZ SKLO

anthropic component will DOVR EH LQWURGXFHG IRU <<,0 ZKHUHE\ VH OHFWHG Âľ&KDULW\ $PEDVVD GRUVÂś ZLOO XVH WKH UDFH DV D SODWIRUP WR UDLVH IXQGV DQG DZDUHQHVV IRU FKRVHQ FKDULWLHV $OWKRXJK WKH FKDULWLHV KDYH \HW WR EH named, the common WKHPH ZLOO EH FKDULWLHV WKDW VXSSRUW FKLOGUHQ LQ 0\DQPDU 7KH &KDULW\ $PEDV VDGRUV ZHUH DQQRXQFHG at the YYIM launch event and include Grace Swe =LQ +WDLN UHQRZQHG 0\ DQPDU DFWUHVV DQG VRFLDO DFWLYLVW $XQJ &KLW .LQ principal and founder of 6WUDWHJ\ )LUVW ,QVWLWXWH and managing director RI $&. &R 6HUYLFHV &R Ltd, Lung Sitt Ja Moon $K 0RRQ VLQJHU DQG member of pop group Me 1 0D *LUOV DQG :DU 6R 0RH 2R DQ XS DQG FRP LQJ PRGHO DQG DFWUHVV 7KH RUJDQLVHUV RI <<,0 XUJHG WKH SDUWLFL SDQWV WR UDLVH PRQH\ IRU WKH FKDULWLHV E\ SHUVRQDO VSRQVRUVKLS RU GRQDWLRQ An announcement will be

PDGH LQ WKH FRPLQJ ZHHNV UHJDUGLQJ KRZ LQWHUHVWHG UXQQHUV DQG PHPEHUV RI WKH SXEOLF FDQ VXSSRUW WKH &KDULW\ $PEDVVDGRUV DQG FRQWULEXWH WR WKH VHOHFWHG FKDULWLHV <<,0 VSRQVRUV will be announced in the FRPLQJ PRQWKV 3DUWLHV LQWHUHVWHG WR EH D VSRQVRU of YYIM 2015 can write LQ WR LQIR#\RPD\DQJRQ PDUDWKRQ FRP /DVW \HDUÂśV ZLQQHU IRU WKH 0HQÂśV )XOO 0DUDWKRQ NP ZDV -RVHK *LWDX Kariuki from Kenya ZLWK D WLPH RI KRXUV PLQXWHV VHFRQGV 0D 0\LQW 0\ int Aye of Myanmar won WKH :RPHQÂśV )XOO 0DUD WKRQ NP ZLWK D WLPH RI KRXUV PLQXWHV VHFRQGV 7KH 21km Half Marathon FDWHJRU\ ZLQQHUV ZHUH Paul Kimani Wambui and Mary Wangui Kiguru both from Kenya with WLPHV RI KRXU PLQ XWHV VHFRQGV DQG KRXU PLQXWHV VHFRQGV UHVSHF WLYHO\

Huawei Celebrates First Ever Fans Meet Up Kyaw Min

H

.KLQ <DGDQDU :LQ VDLG According to a recent report E\ RQGHYLFHVHDUFK FRP RQ 0\DQPDUÂśV PRELOH PDUNHW +XDZHL LV XVHG E\ SHUFHQW RI WKH XVHUV LQ WKH FRXQWU\ 0\DQ PDU LV DOVR DOPRVW H[FOXVLYHO\ DQ $QGURLG SOD\JURXQG ZLWK SHUFHQW PDUNHW VKDUH 6WDUWLQJ IURP D FOHDQ VODWH LQ ODFN RI OHJDF\ KDQGVHW DQG WXPEOLQJ SULFHV RI $QGURLG KDQGVHWV KDYH FUHDWHG D XQLTXH VLWXDWLRQ where people go from having QR SKRQH VWUDLJKW WR RZQLQJ D VPDUWSKRQH Âł7KHUH DUH QRZ DERXW DF tive mobile device Facebook SDJHV LQ 0\DQPDU HQJDJLQJ and communicating with their FRQVXPHUV E\ KROGLQJ WZR WR WKUHH FRQWHVWV SHU PRQWK UHJXODUO\ 6RPH GHYLFH SDJHV UXQ RUJDQLFDOO\ DQG RWKHUV XVH SDLG )DFHERRN $GV DORQJ ZLWK KROGLQJ FRQWHVWV

Âł+XDZHLÂśV SDJH LV D OHDG LQJ RQH DPRQJ WKRVH SDJHV LQ 0\DQPDU ZLWK RYHU IDQV :H WKLQN FRQQHFWLQJ WKH online campaign with outdoor

event would be great for them WR GUDZ LQ PRUH IDQV ´ VDLG (ULN 2R FKLHI RSHUDWLRQ Ṙ FHU RI %OLQN 3XEOLF 5HODWLRQV 'LJLWDO 0HGLD $JHQF\

Huawei

uawei Device Myanmar FHOHEUDWHG WKH Âż UVW HYHU “fan meetupâ€? recently at Latt Mu Gone, Karaweik Garden, Kandawgyi Natural Park in Yangon to award a total RI +XDZHL $VFHQG 3 VPDUW SKRQHV IRU WKH ZLQQHUV RI D UHFHQW :RUOG&XS 4XL] &RQWHVW 2YHU IDQV DFURVV <DQ JRQ DQG VRPH IURP 0DQGDOD\ participated at the Huawei )DQV 0HHWXS DORQJVLGH PXVLF SHUIRUPDQFHV RXWGRRU JDPHV DQG JLYHDZD\V 7KHUH ZHUH ZLQQHUV IRU +XDZHLÂśV TXL] FRQWHVW WKDW ZDV SDUWLFLSDWHG E\ PRUH WKDQ IDQV RQ +XDZHL 'HYLFH Myanmar facebook page and WKH DZDUGV ZHUH R̆ HUHG LQWR IRXU GL̆ HUHQW FDWHJRULHV .KLQ <DGDQDU :LQ PDUNHW LQJ PDQDJHU RI 7HUPLQDO 'H

SDUWPHQW VDLG Âł,WÂśV EHHQ TXLWH D MRXUQH\ IRU XV WR JHW DOO WKH +XDZHL 'HYLFH IDQV FRQQHFWHG online and connect with them WKURXJK )DFHERRN FDPSDLJQV KROG D FRQWHVW DQG Âż QDOO\ PHHW XS 6KH VDLG +XDZHL KDV VHHQ D ULVH LQ IDFHERRN IDQV EXW WR PDLQWDLQ DQG HQJDJH WKH IDQV LV D ELJ FKDOOHQJH DQG UHTXLUHV VWUDWHJLF SODQQLQJ 0DQ\ OHDG LQJ PRELOH GHYLFHV FRPSDQLHV KDYH VWDUWHG GLJLWDO HQJDJH PHQW RQ )DFHERRN XVLQJ DGV KROGLQJ FRQWHVWV RQOLQH DQG JLYH DZD\ SUL]HV Âł:H KDYH DFTXLUHG IDQV ZLWKLQ IRXU PRQWKV ZLWK D WRWDO RI HLJKW FRQWHVWV DQG FDP SDLJQV VLQFH $SULO 7KH PRVW WUḊ F ZH KDYH SXOOHG LQ LV ZLWK WZR PDMRU HYHQWV Âą 7KLQJJ\DQ )HVWLYDO &RQWHVW DQG :RUOG &XS 4XL] &RQWHVW Âą GUDZLQJ PRUH WKDQ QHZ IDQV ´

Ms Huawei J Naw gives away a prize to a quiz contest winner.

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.