Myanmar Business Today - Vol 2, Issue 34

5/21/2018 Myanmar Business Today - Vol 2, Issue 34

1/32

August 28-September 3, 2014Myanmar Business Today

mmbiztoday.com

mmbiztoday.com August 28-September 3, 2014 | Vol 2, Issue 34MYANMARS FIRST BILINGUAL BUSINESS JOURNAL

Myanmar Summary

Contd. P 3... Contd. P 3...

Inside MBT

Mining Association EyesCommodity Market

A

central mineral

enue, U Khin Maung Han,

May Soe San

cally, U Khin Maung Han ket will curb illegal mining collect accurate data on

be able to compete and will

protection, U Sein Myint, Myan-mar Business Today.

trying to become a fullmember of the Extractive Initiative (EITI), which

President Urges toAlign FDI with

Development Projects

P

plan to better align foreign ment for urban and rural Although the Myanmar

verify if they are alignedwith current development

Htun Htun Minn Myanmar Summary

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2LOCAL BIZ

MYANMARS FIRST BILINGUAL BUSINESS JOURNAL

Board of EditorsEditor-in-Chief- Sherpa HossainyEmail [email protected]

Deputy Editor - Aundrea Montao

Email - [email protected]

Editor-in-Charge- Wai Linn KyawEmail - [email protected]

Ph - 09 40 157 9090

Regional & International Editors

Kwan Yuk Sing, Logan Linnane

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

Wai Linn Kyaw, Tin Mg Oo, Aye Myat,

Aung Phyo, Zwe Wai, Phyo Thu,

David Mayes, Sherpa Hossainy, Aundrea Montao,Kwan Yuk Sing, Logan Linnane

Art & DesignZarni Min Naing (Circle)

Email- [email protected] Naing

Email- [email protected]

DTPMay Su Hlaing

TranslatorsAye Chan Wynn, Wai Linn Kyaw,

Phyu Maung

AdvertisingSeint 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- [email protected]

Managing DirectorPrasert Lekavanichkajorn

[email protected]

09421149720

PublisherU Myo Oo (04622)

No. 1A-3, Myintha 11thStreet,South Okkalapa Township, Yangon.

Tel: 951-85000 86, 8500 763

Fax: 951-8603288 ext: 007

Shwe Naing Ngan Printing (04193)

Printing

Subscription & CirculationAung Khin Sint - [email protected]

09 20 435 59

Nilar Myint - [email protected]

09 4210 855 11

Khaing Zaw Hnin - [email protected]

09 4211 30133

Business News in BriefOve r 3 0 compa n i e s i n t e r e st e d i n K y a u k p h y u

SE Z

J u n t a a p p r o v es st a l l e d Daw e i p r o j e ct

W o r l d Ba n k t o h e l p d ev e l o p i n s u r a n c e ma r k e t

Ove r $ 2 0 0m sei z ed i n c o n n e ct i o n w i t h m on e y

l a u n d e r i n g i n 1 2 y e a r s

M a l a y s ia n G r o u p s ec u r es $ 6 3 .2 9 -m M y a nm a r

c o n t r a c t

Myanmar Summary

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3LOCAL BIZ

Myanmar Summary

Chin Govt to Provide Vocational Training to Rural Youth

T partment of Rural

ond week of September

Breeding and Veterinaryand Rural Development Htay Win, director general

Tin Mg Oo ment toldMyanmar Busi-ness Today.

the knowledge within their

department will bear the

and machinery operation vided to more than 700

provide them with relevant allocated to the program in

program will be expanded

Now people from other

work here (in government U Zoe Zam, a member of

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lighted the need to review

look like, Daw Yi Yi Myint,former principle of Yangon Myanmar Business To-day.

Currently, Myanmar

From page 1...

cording to the Directorate

From page 1...

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livestock breeding, a minister said.

SoeZeyaTun/Reuters


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LOCAL BIZ 4

Myanmar Summary

Contd. P 9...

UPS Establishes Freight Forwarding

Services in MyanmarU

nited Parcel Serviceof North America

trading to and from Myan

include UPS Air FreightDirect and UPS Air Freight

from Myanmar that will

airfreight and oceanfreight

manufacturing market, de

to 2015, according to theInternational Monetary

Zwe Wai

LukeSharrett/Bloomberg

of global freight forward

The company, founded in around the world, employ

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UPS

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u ajymcJhonf/

Govt Departments toIntroduce

Video Conferencingin Six Months

Video conferencingbetween govern

will be implemented at thebeginning of next year, ac

The plan will be imple ernment project the ad

be able to convene without

The project plan cover how it will be implement functional level, Dr Tun

Lwin, director of the min ral Development, toldMy-anmar Business Today.

Currently we only havethe capacity run the gov determine how far we cango with our current capac

committee will be charged

Htun Htun Minn

ternet connection, which

if I would like to extend a ve and when I can do that need eral of the Myanmar Com

Myanmar Summary

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Contd. P 9...


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mmbiztoday.com

LOCAL BIZ 5

Myanmar Summary

Your Myanmar Taxes How Do You Pay,

and Other Issues

L

next thing any taxpayer included in my income

If youre being paid forwork in Myanmar, youll

But what about fringe ment which together are

the fair market value of duce the amount youre

The maximum you can cent, with the caveat that

ployee receive a monthly the current exchange rate

can calculate that you can the cap of K10,000,000

James Finch &

Kyaw Swa Myint

will only be able to take a

we can now calculatethat your taxable income

In Myanmar, income You are paid a net amount

by your employer after amount including what could become bankrupt

After your employer IRD (Internal Revenue

of everything withheldand paid within three

three month period, there

for payment of tax under Tax Law, which will letthe employee know if he

Shutterstock

vide a tax record book for From the tax record book James Finch is a part-

ner at DFDL Myanmar

Limited, resident in Yan-gon. Kyaw Swa Myint isan advisor at DFDL My-anmar Limiteds YangonTax Business Unit.

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LOCAL BIZ 6

Life in a Circle: The Tyre-cutters of YangonY

have begun to perforate

But not all of Yangon trial zone in the northern produced by the neigh

crouching in low, wooden

Jacob Goldberg

younger generation of

They will tire them

of rubber from a tyre

levity and joy in the life of

boring, but the people are

Kyaw Myo Lwin began

feeling for what it might

guy, he joked, comment Kyaw Myo Lwin, Aung Ko

forcing the viewer to re

Another portion of the

completely in black and explained that when he colour, the bright clothing al backdrop of South Ok

white, at the urging of one

In black and white, you

You dont get what you

are decorated with thana

I wanted the audience

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

STR/Getty

They will tire themselves

out. They need to pace

themselves. I started cut-

ting when I was in the

fifth grade. There is no need to

hurry. This is a job that will

never make you rich.

may counterbalance the

But for the time being, lifein South Okkalapa con rhythm of metal on rub

Myanmar Summary

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Zkefa'ojzpfaom awmifOuvmwGif b0rsm;rSm ,cifq,fpkESpfrsm;pGmutwdkif;yifav;av;rSefrSefqufoGm;vsuf&Sdonf / xdkpnf;csufudk,if;NrdKUe,f&Sdwm,mta[mif;rsm;rStjcm;toHk;wnfhaomypnf;trsm;tjym;jyefvnfjyKvkyfonfhwm,mjzwfolrsm;xHwGifawGUEdkifonf/ &efukefkyf&Sifoifwef;ausmif;rSjzpfNyD;taumif;qHk;ausmif;om;'gd kufwmESif h taumif;qHk;ausmif;om;kyf&Sifkduful;a&;ynmqkrsm;&&SdcJhonfhausmfrsKd;vGifESifhatmifudkudkwdkY

kduful;cJhaom ]]wm,m}} 2013rSwfwrf;kyf&SifwGif,if;pnf;csufudkyHkazmfwifqufxm;onf/,if;rSwfwrf;kyf&SifwGifyg0if

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vkyfcsrf;omr,fhtvkyfr[kwfbl;}}[kvnf;qdkonf/odkY&mwGify&dowfrsm;taejzifh ,if;vkyfom;rsm;twGuf oem;pdwfrsm;ay:aygufvmaprnfr[kwfbJ,if;kyf&SifwGif wm,mjzwfolvkyfud ki frIrsm;ESif h00vifvifpm;EdkifaomufEdkifyHkrsm;udkvnf;yHkazmfxm;onf/]]'Dvkyfom;awG&JUrsufESmawG

udkMunfhNyD; y&dowfawGpdwfxJrSmigvnf; olwdkUeJYeD;pyfygw,fqdkwJh cHpm;csufrsKd; ay:aygufapcsifwmygyJ}}[k kyf&SifzefwD;ol

atmifudkudku qdkonf/]]wm,mjzwfolawGtaMumif; y&dowfawGudkodapcsifwmyg/ 'Dtvkyfu vlawGodyfrodMuwJhtvkyfav/}} [k'gdkufwmausmfrsKd;vGifuqdkonf/


7/32


mmbiztoday.com

7LOCAL BIZ

Myanmar Summary

Myanmar to Open More Border Trade PointsBorder trade goes up 11pc in FY 2014-15

Myanmar willopen three moreborder trade

Of the three new border ing Thailand, while one

are negotiating withconcerned neighbour open the three new bor will take the total number

Pite Tee with China,through Myawaddy withThailand and through

Phyo Thu

and China, reaching over

on illegal border trade,

worth about $16 billionfrom November 2012 un

Tr ade goes up

percent compared with

total border trade volume

cal year, of which over percent while border

In 2013, border trade hit

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tqdkyge,fpyfukefoG,fa&;pcef;topfoHk;ckteuf ESpfckudkxdkif;EdkifiHESifhqufpyfvsuf&SdonfhweoFm& Dwd ki f ;a'oBuD;E Si f h u,m;jynfe,fwkd YwGif zGif hvSpfoGm;rnf jzp f NyD ; use fwpfckudktdE d,EdkifiHESif he,fedrdwfcsif;qufpyfvsuf&S donfh csi f;jynfe,fwGifzGifhvSpfoGm;rnf[k od&

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jzpfcJhygu jrefrmEdkifiHwGif e,fpyfukefoG,frIpcef;aygif; 18 cktxd&Sdvmrnfjzpfonf/jrefrmEdkifiH\e,fpyfukefoG,frIrSm t"dutm;jzifh rlq,f? vG,f*s,f? csif;a&Ta[mf? uefyd kufwD;Nrd KUrsm;onfwkwfEd ki fi HESif hvnf;aumif;?jr0wDNrdKUonfxdkif;EdkifiHESifhvnf;aumif;? wrl;NrdKUonf tdEd,

EdkifiHESifhvnf;aumif; ukefoG,frIjyKvkyfvsuf&Sdonf/ rlq,fonfjrefrmESifhwkwfEdkifiHukefoG,f&mukefoG,frIyrmPtrsm;qHk;jzpfcJh&m 2013-2014b@ma&;ESpfwGif tar&duefa':vm oef;3000 eD;yg;&SdcJhonf[k pD;yGm;a&;ESifhul;oef;a&mif;0,f0efBuD;Xmeu aMunmcJhNyD; jrefrmEdkifiH\e,fpyfukefoG,frIonfyxrig;vumvwmtwGif; tar&duefa':vm 1 'or 53 bDvD,Htxda&muf&SdcJhonf[k od&onf/

The border gate between Myanmar and Thailand in Myawaddy.

WaiLinnKyaw


8/32


mmbiztoday.com

LOCAL BIZ 8

Myanmar Summary

Kayah State to Get $1.9-m Tourism BoostDutch funding for ITC programme aims increasing sustainable tourism in Myanmar

The InternationalTrade Centre (ITC)together with the

from developing coun in Myanmar with a par

by CBI and implemented by the International

The NTFIII Steering

Tin Mg Oo Group recently met local in Yangon, and Loikaw, the implementation and

for market development,

line with national devel

the capacity of local au gether in a coherent and natural beauty, Aeroe

integrate local produc

Creating economic op

Dick de Man, deputymanaging director of CBI, try can bring foreign exchange to Myanmar andcontribute to job creation

Our aim in working try in developing coun to enhance their econom ability in a targeted way,

Baker & McKenzie Says Will Assist

Firms Achieve Objectives in Myanmar

G Baker & McKen

the board legal and tax

Wai Linn Kyaw be a country of growing Economic Community with neighbouring coun

weve had and common partner of Baker & Mc

ture of the work were do

to intellectual property,

Myanmar government of

McKenzie brought to leading multinational and

diplomatic and trade rep tion to formally celebratethe opening of Baker &

on the changing regula

Kien Keong Wong,chairman of Baker & Mc

training local talent to

in the country, helping

them to put in place ef

economic developmentand employment crea

Myanmar Summary

EdkifiHwumukefoG,frIpifwm(ITC) onf e,fomvefEdkifiHrSCBI ESifhyl;aygif; jrefrmEdkifiHu,m;jynfe,fwGi f c& D ;oGm;vkyfief;wpfcktar&duefa':vm1 'or 9 oef;wefzdk;&Sd c&D;oGm;vkyfief;pDrHudef;wpfckaqmif&Gufvsuf&SdaeaMumif; od&onf/oHk;ESpfMumMumjrihfrnfhtqdkygpDrH

udef;onf e,fomvefb@ma&;&efyHkaiGtzGJU NTF III tpDtpOf?CBI ESifh EdkifiHwumukefoG,frIXmewdkY\tpDtpOfwpf&yfvnf;jzpfonf/,ckc&D;oGm;vkyfief;pDrHudef;onfjrefrmEdkifiH\trsKd;om;ydkYukefr[mAsL[mpDrHudef;\tpdwftyd ki f ;wpfck jzp f Ny D ; opfawmtajccHc&D;oGm;vkyfief;zG HU NzdK;wdk;wufap&efESifhXmaevlUtzGJUtpnf;tm; tusKd;aus;Zl;rsm;

&&Sdap&efvnf;jzpfonf/NTFIII tkyfpkonf rMumao;cifu jynfwGif;tmPmydkifrsm;? vkyfazmfud ki fzufrsm;ESifhvGdKifaumfESifh &efukefNrdKUwdkYwGifawGUqHkc J hNy D; c&D;oGm;vkyfief;u@pDrHudef;pOfqufrjywfzGHUNzdK;wd k ;wu fa&;E Si f h xda&mufpGmyl;aygif;aqmif&Gufa&;wd k Yud kaqG;aEG;cJhMuonf/

urmvHk;qdkif&mOya' Baker& Mckenzie onf vuf&Sdjzpfay:aeonfh jrefrmEd kifiH\wdk;wufrIrsm;ESifhukrPDrsm;udkOya'ESifhtcGeftBuHay;qdkif&mvkyfief;rsm;udkaxmufyHhay;oGm;

rnf[kaMunmchJonf/jrefrmEdkifiHonftm&S\tvsiftjrefzG H U Nz d K;wd k ;wufvmonfhEdkifiHwpfEdkifiHjzpfvmNyD; EdkifiHjcm;ukrPDrsm;\pdwf0ifpm;rIrsm;vnf;wdk;wufvmaecJhNyD; tmq D,HpD;yGm;a&;todkuft0ef;onfvnf;tvsiftjrefcsOf;uyfvmaeNyD;pD;yGm;a&;zG HU NzdK;wdk;wufrIonfvnf; tdrfeD;csif;Ed ki fi Hrsm;odkYdkufcwfvmcJhonf/ ]]jrefrmEdkifiHwHcg;yGihfvmuwnf;u ywfoufqufEG,frIawGudk uRef awmfw dkYtrsm;BuD;avhvmcJhygw,f/t&rf;qGJaqmifrI&S d NyD; uRefawmfwdk Y&JU

azmufonfawGudk atmifjrifrIawG aqmifusOf;ay;Edkifvdrhfr,fvdkY xifygw,f}}[k Baker &Mckenzie &efukefHk;cGJrS Baker &Mckenzie rS Chris Hughesu ajymcJhonf/

in Myanmar providing across the board legal and tax advisory services.

DamirSagolj/Reuters

WMC


9/32


mmbiztoday.com

LOCAL BIZ 9

Myanmar Summary

Full Implementation of Mobile Banking

May Take up to Two Years

A to adopt mobile

banking, it could take up nology and large mobile

Technology and mobile a year or two given thatOoredoo and Telenor are Myanmar Business Today.

The implementation

to go to a branch loca country, in particular in

When mobile banking wont need bank branch

vate Bank, Innwa Bank

May Soe San

far have been allowed tooperate mobile banking

applied for the operation they cannot meet the

Central Bank, including Htike Kyaw, deputy general manager of KBZ

jrefrmEdkifiHwGifaiGaMu;qdkif&mvkyfief;rsm;ydkrdkvG,fulvsifjrefvmap&ef Mobile Bankingpepftm; pwiftaumiftxnfazmfaqmif&Guf&efpDpOfaeaomfvnf; ,if;pepfwGif tqifhjrifhMobile enf;ynmESifh MobileOperatorrsm;jzifh aqmif&GufrSomatmifjrifEdkifrnfjzpfNyD;tenf;qHk;ESpfESpfeD;yg;cefY tcsdef,l&OD;rnfjzpfaMumif; Thura Swiss

NoorKhamis/Reuters

The Central Bank Law tion Law, which aim to been enacted, U ThanMaung, a legal expert,

told Myanmar BusinessToday.

cated regarding the ben

telecommunication and public and to apply a func

tically reduce the amount to engage with government

From page 4...

From page 4...

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a'otESHUbPfcGJrsm; zGifhvSpfEdkifjcif;rSm rvG,fulao;aMumif;Mobile Banking pepftaumiftxnfazmfEdkifygu bPfcGJrsm;pGmzGifhvSpf&efrvdkbJ tusKd;rsm;pGm ]]Mobile Banking vkyfr,f

qdk&if enf;ynm&SdrS MobileOperatorawG&SdrSatmifjrifEkdifr,f/vmr,fhwpfESpf?ESpfESpfavmufapmifh&OD;r,f/tckqdk&iftl&D'l;?w,fvDaem? MPT wdkY vmaewmawGU&w,f/'gayrJh MobileBanking udktoHk;cswwfr,fqdk&ifbPfcGJawG rvdkawmhbl;}}[k Thura Swiss rSa'gufwmatmifol&u ajymonf/

rdkbdkif;zkef;rSwpfqifhaiGvTJEdkifonfhpepftm; vuf&SdwGif or0g,rbPfvDrdwuf?tif;0bPf?yxryk*vdubPfESif h jr0wDbPfwdkYudk vky fud kif cGi fhjyKxm;aMumif; od&onf/

XmerSod&onf/ AD'D,dkuGefz&efYusif;yjcif;tm;jzif h Xmersm;rSt&m&Sdrsm;rSmrdrdwdkYkH;pdkuf&mae&mrS tjcm;ae&modkY oGm;a&mufp&mrvdkbJrdrdkH;rSyiftpnf;ta0;xdkifEdkifrnfjzpfonf/

vuf&S dtaetxm;rsm;t&e-Government azmfaqmif&efvkyfaqmifrIonfvmrnfhajcmufvcefYMumvQif AD'D,dkuGefz&efYvkyfEkdifonfhtqifhtxda&mufrnfjzpfaMumif; cefYrSef;xm;onf/


10/32


mmbiztoday.com

LOCAL BIZ 10

Myanmar Summary

Myanmar Summary

VDB Loi Boosts Myanmar

Credentials with Heineken LicenceL

tor in Myanmar, the My

owned company to under

in charge of Myanmarwho led the legal team permit, Edwin Vander before, and the client hadbeen told that it would already have a no, why

May Soe San

that if you get engaged able to put together a way

Jean Loi, VDB Loi managing partner who over new kind of MIC Permit never been done before, I think you only win one

ment and corporate M&A,

tate, manufacturing and

Thilawa Special Econom

Most Exports Dip inFirst Four Months of

2014-15FY

M Myanmar de

dropped 7 percent and

million during the period,

Kyaw Min 15 earned only $17 million,

in the period, racking up

from the border trade

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&mcdkifEIef;toD;oD;usqif;cJhNyD;tar&duefa':vm 835 oef;rS126 oef;txdusqif;cJhonf[kpm&if;Z,m;rsm;t& od&onf/xd k Yjyif opfawmxGufypnf;

wifydkYrIonfvnf; tqdk;0g;qHk;xdcdkufcJhNyD; 2014-2015 b@ma&;ESpfav;vwmumvtwGif;tar&duefa':vm 17 oef;om&&SdcJhNyD; 91 'or 4 &mcdkifEIef;usqif;cJhaMumif; od&onf/

Containers at Hteedan port in Yangon.

U

Aung/Xinhua

VDBLoi

[efeDu,fbD,muydkifqdkifonfhtm&S-ypdzdwftazsmf,rumvkyfief; xkwfukeftcsKdUtm; xkwfvkyfcGifhESifhjzefYcsdrI&&SdcJhonf[k jynfwGif;Oya'ESif hp D;yGm;a&;tBuHay;

vkyfief; VDB u ajymcJhonf/tqdkygcGifhjyKcsuftm; jrefrm

Ed kifiHwGif &if;ED S;jrKyfESHrIrsm;udkuGyfuJxdef;nday;aeonfhjrefrmEdkifiH&if;ESD;jrKyfESHrIaumfr&Sifu jzifhjynfyukrPDwpfcktm; vkyfief;vkyfudkifcGifhcsxm;ay;jcif;onfyxrqH k ;tBudr f jzp fa Mumif ;vnf;od&onf/jynfyukrPDrsm;twGuf jzefYjzL;a&;vkyfief;rsm;onfjrefrmEdkifiHwGifrMumao;rDu zGifhvSpfcJhaomaps;uGufwGifwif;MuyfpGmuefYowfxm;onf/


11/32


mmbiztoday.com

LOCAL BIZ 11

Myanmar Summary

Summit Highlights Gaps in

Myanmars Green Energy Potential

D

convened at the Myanmar Green Energy Summit in Yangon recently

the central [electricity] Kadir, chairman of Confexhub Group, which or

the audience that green growth in Myanmar, help reduce poverty among

about the idea of placinggreen energy at the center

and learn from their fail

alleviate poverty, create Myanmar into the ASEAN

U Aung Khaing, chairman of the Yangon Electricity Supply Board tal population currently

demand by local and in

Jacob Goldberg

hoped to generate excite for electric power, other

Gauri Singh, a directorfor the International Re

newable Energy Agency the Myanmar government

dedicated to explaining

tary general of the International Committee for

hydropower potential of

Soe Moe, an executive engineer for YESB, recount

tion project in Twante to 11 percent by upgrad

that while upgrading central grid, much of the

reach them would be both

productivity by extending

director for Sunlabob Re

Ninety percent of renew

CEO of WEnergy Global the idea of powering My

advocated for rapid con

Dont wait for the con

no need to wait to change

Reuters

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jrefrmEd ki fi HrSmt&if;tjrpf


12/32


mmbiztoday.com

LOCAL BIZ 12

Myanmar Summary

Thailand, Myanmar Strike MICE Deal

The Thailand Con

vention and Exhibition Bureau (TCEB)

Myanmar Federation of improve and expand their

operate to promote trade,

Aung Phyo

and commodity exhibi hindering the full poten

to further improve andexpand trade promotion

deepen engagement andexpand collaboration inpreparation for the AEC

integration in 2015, he

In 2013, Thailand received 7,101 Myanmar

drew 1,013,502 MICE

15 percent from the year

Reuters

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onfh TCEP taejzifhjrefrmEdkifiH\tpnf;ta0;yGJrsm;?nDvmcHrsm;?ukefpnfjyyGJu@rsm;wGifydkrdkwd k ;wufcs J UxGifEk dif&eftwGufUMFCCI ESifhoabmwlvufrSwfa&;xdk;rIudkrMumao;cifujyKvkyfcJhaMumif;od&onf/TCEP onf

BuD;rm;onfhtzGJUtpnf;jzpfonfESifhtnD,ckuJhodkYyl;aygif;aqmif&Gufjcif;tm;jzifhukefoG,frIydkrdkjrifhwifEdkifvdrfhrnf[k UMFCCI'kwd,Ou| OD;rsKd;oufuajymcJhonf/

Myanmar Sets Up $51-m

Economic Zone in Muse

T building a new central economic zone

Aye Myat

approved by local authori targeted to be completed in

tion point between Myanmar and China, reaching

Govt FormsAnti-Money

Laundering CentralBoard

T formed a centralboard in a bid to

combat money laundering,

The central board willcooperate with more international and regional exchanging information on ing to money laundering,

Myanmar enacted the According to earlier re

cooperated with Thailand,

Zwe Wai combating money launder

Planning and the United and Crime (UNODC) Country Programme for money laundering, which

for over 60 percent of My

billion in 2013, accounting

of the total and ranking it

Myanmar Summary

Myanmar Summary

jre frmtmPmyd ki fr sm;onfwkwfEdkifiH,leefa'o&Sd,l&DNrdKUESifhqufoG,f&eftwGuf&Srf;jynfe,fta&SUajrmufydkif; rlq,fNrdKUwGifA[dkpD;yGm;Zkefwpfckudkwnfaqmufvsuf&S daMumif; od&NyD;ESpfEd kifiHtMum; ukefoG,frIyd krdkjrif hwif&eftwGufjzpfonf[ktmPmydkifrsm;uajymMum;cJhonf/tqdkygrlq,fA[dkpD;yGm;a&;Zkef

onfajr{&d,m 120 [ufwmay:wGi f wnfaqmufaejcif;jzpf

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jrefrmtpdk;&onfaiGaMu;cGmcsrIwdkufzsufa&;twGuf A[dktzGJUtpnf;wpfckudkzGJUpnf;cJhaMumif;jynfxJa&;0efBuD;XmerSod&onf/tqdkygaiGaMu;cGmcsrIwdkufzsufa&;A[dktzGJUtm; tzGJU0if 15 OD;jzifhzGJUpnf;xm;NyD;jynfxJa&;0efBuD;Xme ESifh0efBuD;u Ou| tjzpfaqmif&GufNyD; &JcsKyfutwGif;a&;rSL;tjzpfwm0ef,lcJhaMumif;

od&onf/tqdkygtzGJUonfaiGaMu;c0gcs rIwdkufzsufa&;ESifh tMurf;zuftzGJUtpnf;rsm;udkb@ma&;t&ulnDaxmufyHhjcif;rsm;udk wkdufzsufrnfhrl0g'wpfckazmfaqmif&efvkyfaqmifaeaMumif; od&onf/

The border gate between Muse and Ruili, China.

JohnMeckley/Flickr

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.

ipim.gov.mo


13/32


mmbiztoday.com

REGIONAL BIZ 13

Thai Economy Averts Recession as

Outlook Improves After Coup

T expanded more

cal demand recovered after a military coup ended

tional Economic & Social Junta leader Prayuth

paid money due to rice new government to revive cutting the upper range

tion in economic activ Zealand Banking Group

Suttinee

Yuvejwattana

we expect the unlocking recovery for Thailand in

Exp o r t co n s t r a i n t s

2 percent from a range The economy may expand

Even though the economy will recover in the planning agency, told a

P r i v a t e c o n sum p t i o n

year earlier, expanding

could be delayed further if and appointed a National

Bloomberg

National Economic & Social Development Board said.

Bloomberg

Myanmar Summary

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a&;rSm arQmfrSef;xm;onfxufwdk;wufvmcJhonf[kod&onf/ZGefvtxdoHk;vtwGif; GDP

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REGIONAL BIZ 14

Myanmar Summary

Lee to Add Funding Options for Singapore

Retirees as Nation AgesS

ing & Development Board tral Provident Fund or

little pot of gold to drawon, if they need to, Lee hand to provide for your

Sharon Chen

vey by Manulife Financial

are able to draw from in the account to provide

L u m p - su m w i t h d r a w -

a l s

65 and older to withdraw vacation or pilgrimage, or

having a bit more control kind of like a father who

E l d er l y p a c k a g e

neer Generation Package, man Shanmugaratnam

will introduce a yearly ber of elderly will triple

cording to the NationalPopulation and Talent Bloomberg

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

Bloomberg

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INTERNATIONAL BIZ 15

Myanmar Summary

Airasia Denies Report ItsWeighing A Bid for Japans Skymark

AirAsia says report is rubbish

M a media report

warned of uncertainty failing to follow through rier, which had been un demanding an extraordinary amount of compen

While the Nikkei report by their daily limit of 50

er, Rakuten Inc, and other

yen, valuing the company

Anshuman Daga Skymark could be at

little chance of a takeover are unlikely to automati

growing concern that Ai

Myanmar Summary

Melbourne Tops Economists World

Most Liveable Cities Index, Again

A once again beennamed among the

Melbourne topping theinternational index pro Intelligence Unit for the

The Victorian capital (5th), Sydney (7th) and

The city narrowly edged

Melbourne achieved per healthcare, education and formed well in the other

in healthcare, education,

dominated the top 10 in At the other end of the

table, many of the low undermine the availability

In general, the rank

and Sydney also making the top 10.

WilliamWest/GettyImages

become challenging and Brendan Sobie, chief ana

budget airline in Japan,

Reuters

without leading to high

currently experiencing th, ndplace, Agencies

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

KiyoshiOta/Bloomberg

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16


17/32


mmbiztoday.com

INVESTMENT & FINANCE 17

Myanmar Summary

Hedging between Giants: Myanmar,

China and the United States

A form momentum,

balancing act between

Recently, when US Secretary of State John Kerryarrived at the ASEAN Regional Forum in Nay PyiTaw, he wanted the people of Myanmar to know

between China and Myan between the two coun

In reality, the bilat and Myanmar have been

Inadvertently, Myan

R a p i d g r o w t h

p e r f o r m a n c e

of economic growth and

Dan Steinbock

vironment with multiple

reliance on the abundant low productivity in agriculture, the economy

include a decline in com and further economic fra

W ash i n g t o n s h o p es

on foreign aid to Myan

ton and Tokyo are inten

uled to upgrade a railtrack from Yangon toMandalay, Japan won the

Meanwhile, US Con intimidation of journal

From the Myanmar

ed Myanmar in 2012, but

Ch in ese setb acks

from China and Hong from Korea, Thailand and

made reference to envi tion, while the Myanmar

leader of the incumbent general election in late

the termination of the could have more exten

ject, which the Myanmargovernment put on theback burner in July, allowing the memorandum

Soon thereafter in early

rail tunnel through the

So the cooperation op

likely to follow only after

H e d g i n g o r

b a n d w a g o n i n g

inant Myanmar narrative

In Beijing, the Myanmar

the country will join the According to US ob

project, which would Indian Ocean, would give alternative to the longer

In Beijing, the rail pro bodia, Thailand and Ma

In Beijing, Myanmar

gle for democracy and hu

know only too well that a the perception of band

The great balancing act

ate a middle ground that

Dr Dan Steinbock is the

research director of inter-national business at theIndia, China and AmericaInstitute (USA) and a visit-ing fellow at the ShanghaiInstitutes for Internation-al Studies (China) and EUCenter (Singapore). Theviews and opinions ex-pressed in this article arethe authors own and dont

Todays editorial opinion.

US Secretary of State John Kerry attends the 4th Nay Pyi Taw.

UAung/Xinhua

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18/32


mmbiztoday.com


David Mayes

Irecently read about

found a way to balance

Some think that planning nothing to do with their

Planning for Balance

priority number one, yet ifwhat you have to do to get

your career and deciding

in advance, preferably with rate race and eventually

on the one hand can advance your career rapidly, Planning ahead and be

you feel like your part

in a place you would liketo be long term, even if it

but many people fail in plan ahead of time and

I am lucky that I can work decided my major in uni likely to give me an option to work from home at thought of not being in an

and if you do not take thetime to actively plan whatyou want out of it otherthan purely monetar to end up with whatever

interview if you admittedthat you placed your familyover your career, and if youdid get into banking you A good approach to

lar outlook on balancing interview the interviewer with what you want out

take longer, but it will pay David Mayes MBA

provides wealth man-agement services to ex-patriates throughoutSoutheast Asia, focusingon UK Pension Trans-fers. He can be reachedat [email protected]. Faramond UK isregulated by the FCA andprovides advice on pen-sions and taxation.

Myanmar Summary

they fail to plan ahead of time and get pressured into making one trade-off after another.

KellyAlexandraWilliams

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19/32


mmbiztoday.com


Myanmar Summary

Company Spotlight: Parami Energy Group

In July, Parami Energy the Myanmar Center

tion provided on each

According to Parami

Energy Group CEO KenTun, We are committed

Th e Compa n y

allowing them to leverage According to Tun, the

an innovative company ing the typical Myanmar

We believe that we can what we are doing in our

Aundrea Montao

B u i l d i n g I n t e r n a l

Con t r o l s and Po l i c i e s

ferent kind of company in

tractive feature to foreign

ply with international growth and development,

ment internationally

it will be audited by aninternational accounting

COO Yap Kwong Weng

complicit in any human

Parami Energy Group implemented a human

and environment (HSE)

[We are] channellingour energy in the right

Co rpo r a te Soci a l

Respons i b i l i t y

dearth of education and capacity in Myanmar,Parami Energy Group

wady region, and Shan already impacted over

nomic development of SME capacity building

area include the delivery

out the country by 2015 already planted in Kayin

We believe engaging

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2004 wGifwnfaxmifcJhaom

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ParamiEnergyGroup

ParamiEnergyGroup


20/32


mmbiztoday.com


Myanmar Summary

Investors in Thailand: Maintain Contingency PlansTailands coup could spell future trouble for the countrys 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 specic events that trigger corresponding

actions, the cultivation of relationships with local allies, and the development of a commercial intelligence program.

C

they occur there more

argue that they are nec

There are already large

tion that feel politicallyalienated in Thailand, and ian violence in SouthernThailand that, after a brief

land will recover from

performance, an interim

Nicholas Borroz

temporary bandage that of a deterioration in Thai that include the following

lence emerge in Thailand, to carry out a compre

tain commercial intelli

them a leg up in imagining with whom to build rela

mercial intelligence pro Adopting the above

pate turmoil in Thailand,

in a haphazard, panicked

Nicholas Borroz is anindependent analyst ofenergy geopolitics and in-

vestment strategies, spe-cialising in energy-relatedinfrastructure. He worksfor a DC-based risk con-sultancy and has previ-ously worked for the USgovernment in interna- on development, energy,and economics. You canreach him on Twitter at@NBorroz or on his blog,

www.nicholasborroz.wordpress.com.

The views and opinionsexpressed here are the au-thors own and dont nec- Business Todays editorialopinion.

A protester is detained by Thai soldiers during an anti-coup demonstration in Bangkok.

Reuters

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21/32


mmbiztoday.com


Myanmar Summary

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

O

tion announced the cancellation of an agreement ment to build a railwayconnecting Kunming inChina to Kyaukpyu in director Myint Wai attributed the cancellation to

Myanmar Yang Houlan

the project would pro the Myanmar govern

2011 MoU between the followed the route of an

China Railway Engineer In exchange, the CRECwould have retained man

Jacob Goldberg

the railway would have citing environmental and

exporting local natural

The cancellation of

ently falling prey to public will connect Myanmar

port Project, which will

facility to accommodate Kaladan River in Rakhine

will connect Paletwa inChin State to the border

Kaladan Movement inRakhine State and the alarm about the Kaladanproject due to the lack ofenvironmental impact

by either the Indian orMyanmar government to living along the route of

proceed with the creation that will connect Moreh

man of the environmental Myanmar Business To-day the environmental impactof the highway cannot yetbe made given the current

The fact that both In anmar have faced public

the Myanmar govern

funded by both India andChina have been met with

According to Madhurjya

Kamar Dutta, program

manager for trade and Development and Coop dalay highway will bring connectivity between My

it will complete one of the

Highway network and tween Thailand and the

Mekong Corridor to link opening of a new eco

apparent imbalance of

The fact that both Indian and

Chinese infrastructure projects in

Myanmar have faced public oppo-

sition, while Indias projects have

remained intact, may suggest that the

Myanmar government has chosen India

to pick up where China has been forced

to leave off.

Indian Minister of External Affairs Sushma Swaraj attends the 4th -national Convention Center (MICC) in Nay Pyi Taw. India is stepping up efforts to engage more closely with Myanmar in a bid to gain tradeaccess to the ASEAN region.

UAung/Xinhua

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vsuf&Sdonf/yxrqHk;taejzifhukvm;wefjrpfaMumif;o,f,lydk Yaqmifa&;bufpHkjrifhwifa&;pDrHude;fjzpf NyD;tdEd, \ rD Zd k& rf jynfe ,fESif hppfawG&Sd a&eufqdyfurf;wdkUudkqufoG,frnfjzpfum 2015 wGiftNyD;owfEdkifrnf[k&nf&G,fxm;onf/,if;pDrHudef;rSmtqifhav;qif hyg0ifNyD; yxrtqif hwGifppfawGqdyfurf; ukefoabFmBuD;rsm; qdkufuyfEdkif&efjrifhwifrnfjzpfonf/'kwd,tqifhwGifukvm;wefjrpfaMumif;udkoabFmBuD;rsm;oGm;vmEdkif&efcsJUxGifrnfjzpfonf/ww d,tqif hwGi fcsif;jynfe,frSyvuf0ESifhrDZdk&rfwdkYudk qufoG, frn fjzpfonf/pwkwtqifhrSm tdEd,EdkifiH\trsKd;om; ta0;ajy;vrf;pepfudktdEd,jrefrme,fpyfodkY csdwfquf&efjzpfonf/


22/32


mmbiztoday.com


New Media Laws: Creating a Legal Basis

for Media Freedom in MyanmarI

nounced the adoption freedom into the coun

government for withhold

by the lower and upper the print media in a coun

Stefanie Siegfried

ty, undermining the ruleof law or harming ethnic

amended by the Upper Due to the opening ofthe country, and the importance of international bill have been made that

needed to be reviewed inaccordance with interna

were held between the

the power of the govern

compliance with the lawhave been reduced from

through a long review

Contd. P 23... Contd. P 23...

Myanmar Summary

Workers arrange pages of the International Herald Tribune newspaper in Yangon, Myanmar. The International Herald Tribune became the on media.

UAung/Xinhua

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odrf;ydkifcGifh odkYr[kwf y,fzsufydkifcGifhtmPmrsm;ay;xm;onf/

Oya'Murf;ESpfcktm; jy|mef;Edkifa&;rSm Oya't& jyefvSefoHk;oyfrIESifhvTwfawmfESpf&yfwdkYu jyifqifrIrsm; jyKvkyfaejcif;aMumifh aESmifhaES;rIrsm;BuHKawGUae&NyD; trsm;aqG;aEG;jiif;cHkp&mudpwpf&yfvnf;jzpfaeonf/xdvG,f&SvG,fjyemESif hqufpyfaeaomOya'Murf;ESpfckrSm wif;usyfaomqifqmpdppfjzwfawmufr Iumvqd k ; Bu D ;rMumrDurQ ajzavQm hcJ haom

EdkifiH\yHkESdyfrD'D,mtay: oufa&mufrnfhOya'rsm;jzpfaomaMumifhtjiif;yGm;zG,fjzpfaejcif;jzpfonf/rD'D,mOya'Murf;[ktrnf&aomOya'rSm jynfwGif;rD'D,mrsm;ESifhukrPDrsm;\vkyfief;rsm;qdkif&m &ydkifcGifhESifhwm0efrsm;udk tMurf;csjy&ef &nf&G,fxm;onf/ tpdk;&u cefYtyfxm;


23/32


mmbiztoday.com

PROPERTY & REAL ESTATE 23

Myanmar Summary

SPS Touts Making Yangon

Realty Investment a BreezeP

ing development advice,valuation and market reA wing of Singapore

company owner Hugo veyor backed by a decadeof experience in property

commercial realty which

into the perplex Myanmar

reliable Yangon property they are eager to maketheir mark in the city re

SPS Myanmar, which ally accredited to perform

Kyaw Min

Yangon property valu

you in any of your prop extend development ad

property valuation, creat market targeting, project

From page 22...

protection of media free

drafted by the MPC, the

granting private daily for freedom of media and media, including regula claim lacking compliance Law with international

Media Law introduced and the recognition of in the right direction havebeen made, the govern aged to build upon the ratify the InternationalCovenant on Civil and current Media Law in or ance with international

Foreign media compa

META CommunicationInternational GmbH that with local media to extend gaining a foothold in My the need for the creation freedom and freedom of Strohal Legal Group

-fering highly personal-ised services specialis-ing in international andcross border business.SLG enjoys a well-estab-lished reputation acrossEurope, Southeast Asiaand the Middle East. InMyanmar, SLG providesservices under the nameU Min Sein & Strohal As-sociates Law Firm.

The views and opinionsexpressed here are theauthors own and do not -anmar Business Todayseditorial opinion.

From page 22...

Workers at a construction site in Yangon.

WaiLinnKyaw

tdrfjcHajrtwdkifyifcHvkyfief;SPS Myanmar onf jrefrmEd kifiH\aygufuGJzG HU NzdK;aeaomtdrfNcHajraps;uGufudk rsufpdusvsuf&SdNyD; zGHUNz dK;rIt BuHay ;jcif ;?aps;EIef;tuJjzwfjcif;ESif haps;uGufokawoewdk Ytygt0ifynm&SifqefrIESifhuGufwdcsdefudkuftMuHjyKrIwdkYudk &efukeftdrfNcHajraps;uGufxH,laqmifvmrnf[kaMumfjimvsuf&Sdonf/pifumyltajcpd kuf Slade

Property Services Asia Pte

Ltd \ vkyfief;cGJwpfckjzpfomSPS Myanmar udk ,ckESpfrwfvtwGif; wnfaxmifcJhjcif;jzpfum ukrPDydkif&Sif HugoSlade rSm RICS todtrSwfjyKqef;ppfavhvmoljzpfum tdrfNcHajrtBuHjyKvkyfief;wGif tm&Saps;

uGufrsm; txl;jyK q,fpkESpf

wpfckpm tawGUtBuHK&Sdxm;olvnf;jzpfonf/

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NyD; ud k,fwd ki fqifqmpdppfrIudkaxmufcHvuf&S dvkyfudkifaeaom pme,fZif;orm;trsm;pkyg0ifaom jrefrmpme,fZif ;aumifpDu ,if;Oya'Murf;ud ka&;qGJxm;jcif;jzpfonf/yH kES dyf?xkwfa0olrsm;Oya'Murf;[ktrnf&aomOya'rSm jyefMum;a&;0efBuD;Xmeu a&;qGJxm;jcif;jzpfNyD; rD'D,mukrPDrsm;tm;vHk;tm; 0efBuD;XmewGif rSwfyHkwif&efowfrSwfxm;onf/ Oya'

Murf;rsm;wGif bmoma&;E Si fhrnDGwfaom? npfnrf;rIrsm;yg0ifaom? w&m;Oya'pdk;rdk;a&;odkYr[kwf wdkif;&if;om;pnf;vHk;nDGwfa&;ud k xdcd kufapaomta Mumif ;t&mr sm ;u dk j zw fawmufwm;jrpfrnf[k qd kxm;onf/


24/32


mmbiztoday.com

24PROPERTY & REAL ESTATE

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

Myanmar BusinessToday (MBT): ty Finder (YPF) CompanyCharm May Thu(CMT):

ing innovative and break

network with more than

ating in Brunei, China, wan, Thailand, Vietnam

for ERA to provide real are very excited about thecurrent and future market

Wai Linn Kyaw

MBT: CMT: modern marketing tool

Facebook, LinkedIn and both in Singapore and

about our online market out to be potential deal

MBT: CMT: client can take a look at

MBT:

CMT: I handle on a routine ba

Having trained many

conducting the viewing, power, ability to point outfuture price appreciation

MBT: Tell me about a would you have done difCMT: never really put me in any

tenant, landlord, devel

cookie if you know how tohandle them well enoughand manage their expec

MBT: What made you CMT:

property with future po

MBT: CMT: Singapore and Myanmar groomed in both coun

back to you on that for an

MBT:How do you handle CMT: I live, eat and have dealt with count

MBT: Do you have any CMT: we guide them with ourproperty related market

MBT: What, in your CMT:

ket knowledge, competi

Myanmar Summary

Your Property Finder, Managing Director Charm May Thu.

Supply

Yangon skyline.

WaiLinnKyaw

MBT - Your Property Finder

(YPF)ukrPDvDrdwuftaMumif;udkajymjyygvm;Charm May Thu (CMT) -

YPF [m pifumyl ERA &JUvkyfief;cGJwpfckjzpfNyD; pifumyl&JUtdrfNcHajrat*sifpDvkyfief;udk OD;aqmifaewJhtBuD;qHk;ukrPDwpfckyg/ pifumyl ERA rSmat;*sifhaygif; 32000 ausmf&SdNyD; EdkifiHaygif; 36 EdkifiHrSm ta&mif;udk,fpm;vS,f&Sdygw,f/MBT - tdrfawGudk a&mif;cswJhae&mrSm ti fwmeufe JY qdk&S,frD'D,mawGudk b,fvdktusKd;&Sd&dStoHk;csovJCharm May Thu (CMT) -

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udkifolawG vspfvsLIarhxm;vdkYr&ygbl;/qdk&S,frD'D,mawGjzpfwJhFacebook, Link in, Twitter

awGudkvnf ; toHk;jyKygw,f/uRe frwdkY taeeJ Y Onl ineMarketing udktav;teufxm;ygw,f/MBT - tdrfNcHajrvkyfief;aps;uGuf&SmazGa&;twGuf AD'D,dktjyif Virtual Tour awGudkaum toHk;jyKvm;Charm May Thu (CMT) -[kwfuJh/toHk;jyKygw,f/"mwfyHkAD'D,dkeJY Virtual Tour awGudk

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pifumyleJYjrefrmEdkifiHrStdrfNcHajr

vkyfief;awGvkyfudkifaeygw,f/udk,fwdkifavhusifhoifMum;ay;xm;wJhtdrfNcHajrat;*sifhtoif;wpfoif;vnf;&Sdygw,f/ESpfEdkifiHvHk;rSm tdrfNc Hajraw Gtajrmuftrsm;a&mif;csay;EdkifcJhygw,f/


25/32


mmbiztoday.com

AUTOMOBILE 25

Myanmar Summary

China Finds Mercedes-Benz Guilty of Price FixingDaimler price xing probe part of broader industry clampdown

G been found guilty

Daimler, the parent declined to comment fur

Brenda Goht

National Development (NDRC), launched an in

were overcharging Chi

The Xinhua report,

announced that it would of 15 percent and BMW an average of 20 percent,

In the longer run, forc

might happen gradually

or more, the brokerage

in China, Daimler and would take a hit of around1 percent in 2015, and

An t i - c om pe t i t i v e

p r ac t i ces

Price Bureau found evi in neighbouring Shang

The European Chamberof Commerce in China that European compa

couraged from appealing The European Cham

trative intimidation tac

China, enabling them to

buying a new vehicle,citing a report from theChina Automotive Maintenance and Repair Trade

mium car brand in China,

of whom operate in China

with a local partner, have

year by 2015, while Audi Reuters

Ford Plans New Hybrid Seriesto Compete With Toyota Prius

F to introduce a new

The compact car will be

rather than a variation of

Paul Lienert unnamed vehicle will be

including a more expen

can be recharged from an

The new Ford hybrid

an annual rate of about

Some of the hybrid technology, including electric

expected to provide betterfuel economy and range

compact architecture,

Ford, like other major

hybrid technology to meet

America, Europe and

Reuters

Visitors look at a Mercedes-Benz SLK class car during the 15th Shanghai International Automobile In-

dustry Exhibition in Shanghai.

CarlosBarria/Reuters

Myanmar Summary

*smreDrSMercedes-Benz onfwkwfEdkifiHwGifa&mif;csNyD;aemufydkif;0efaqmifrIrsm;twGufaps;

EIef;upm;rIrsm;usL;vGefcJhonf [kawGU&S dc J haMumif;qif[Gmo

wif;wpfyk'fuwifjyxm;&murmhtBuD;qH k ;arm fawmfum;aps;

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Mercedes-Benz Volks-

wagen AGs Audi ESifhBMW

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rsm;\tmHkpkdufrIudkcHae&vsuf&Sdonf/

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rsm;udkyHkpHrsKd;pHkjzifhxkwfvkyfoGm;&efpDpOfaeonf[kod&onf/zdkY'frSxkwfvkyfrnfhtqdkygum;armf',f

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26/32


mmbiztoday.com

26IT & TELECOM

Why Twitter Will Outlast Facebook

Im not really one for pecially where it con

world, but in 2011 I made the eyebrow of a friend from your FB network

app out there that con

Twitter is a newssource. We can follow on Twitter and get up to

Ed Heil ing the information they determine when theywant the public to get

neighbourhood for peo the way that media have

News media mem-bers have embracedTwitter. A while ago,I wrote a piece on how

by creating their own per not privy to that informa

tively engaging their fol talking to people through but real time engagement

Engage with fa-mous people on Twit-ter. people have Facebook

not much chance youregoing to engage with a due to the public natureof the wall and how infor receive a comment back on Twitter than on Face on Twitter than on Face

Twitter is easier touse on a mobile de-

vice.Dont get me wrong, your mobile device, but

Its easier to avoidannoying people onTwitter. all have a handful of peo unfriend them, we either put up with their in

comb through your Twit

Commercialisationwill kill the Facebookexperience. will ruin Facebook for a that for a lot of people and can learn about our audi

my opinion, Id love to

Myanmar Summary

An illustration picture shows the log-on icon for the Website Facebook and Twitter on an Ipad in Bor-

deaux, Southwestern France.

RegisDuvignau/Reuters

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

KacperPempel/Reuters

E

EBay told potential can of PayPal chief executive

Supantha Mukherjee

& Edwin Chan

The board will continue

value and to enhance thegrowth and competitive

part of PayPal, and what remained unclear, The In

Icahn eventually backed in the near future, now

an independent PayPalcan grow by attracting on Reuters

Myanmar Summary

Ed Heil is owner of Sto-ryTeller Media & Com-munication.

EBay onf vsifjrefpGmzGHUNzdK;

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27/32


mmbiztoday.com

IT & TELECOM 27

Myanmar Summary

Commercial Launch in Countrys Capital

A

extravagant to date, being held in the MyanmarInternational Convention event, Ooredoo provided Taw from Yangon and ac

Logan Linnane commodation for attend entertainment of tradi

cluded: U Myat Hein, un nication and information Group CEO of Ooredoo

Opening the ceremony,

breaking down the barri

He continued to outlinehow Ooredoo will im

for human growth, by

highly on the emergingtelecommunication in

portance of a competitive align with their commu

Ooredoo Myanmar, de now be made available While Ooredoo opened

with a promotion where

from: K500 for a daily30MB of internet, K3,000for 200MB daily, and come with a Facebook

in Myanmar.

TinMgOo

S Korean Firm to Supply Electric Equipment

Worth $13m to Myanmar Company

L

whole length of the contract, the South Korean

Kyaw Min cluding the vacuum cir

Of the 210 vacuum cir the Korean company,

Under the comprehen

deal, the Korean company

worldwide with about 100

Cormack expanded on nouncing a K100 SocialNetwork Kyat Pack for

with the new Ooredoonetwork, the telecom pro

300MB internet, over a

the conference attempted

coverage throughout

reach 25 million citi

LS pufrIvkyfief;onf jrefrmEdkifiHodkYVacuum circuit breakers

Myanmar Summary

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twGif; wifoGif;rnfjzpfaMumif;od&onf/

pmcsKyft& pkpkaygif;wifydkYrnfhypnf;yrmPrSmtar&duefa':vm13oef;cefYwefzdk;&Sdonf[k awmifudk&D;,m;vQyfppfypnf;ESifhtvdk

tavsmufjyKvkyfaompufud&d,mrsm;udkyhHydk;aeonfh,if;ukrPDu ajymcJhonf/xdkYjyif oabmwlnDrIrsm;t&

LS pufrIvkyfief;onfVacuumcircuit breakers rsm;udkaxmufyHhay;rnfhtjyif 0g,mBudK;rsm;ESifhtjcm;tpdwftydkif;rsm;udkvnf;axmufyH hay;oGm;rnf[k od&onf/tqdkyg LS Group ukrPDonf awmifud k&D;,m;vQyfppfukrPD LG \vkyfief;cGJwpfck

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LSGroup/WMC

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INTERNATIONAL AND DOMESTIC FLIGHT SCHEDULEFli t r m Yangon (RG ) to Bangkok BKK) Fli t r m Bangkok (BKK) to Y ngon (RGN)

Flight No. Day

s From To ETD ETA Operated by: Flight No. Day

s From To ETD ETA Operated by:

PG 706 1 2 3 4 5 6 7 RGN BKK 7:15 9:30 Bangkok Airways DD4230 1 2 3 4 5 6 7 DMK RGN 06:30 07:55 NOK Airlines

DD4231 1 2 3 4 5 6 7 RGN DMK 8:00 9:45 NOK Airlines 8M336 1 2 3 4 5 6 7 BKK RGN 6:40 7:25 MAI

FD2752 1 2 3 4 5 6 7 RGN DMK 8:30 10:15 Thai AirAsia FD2751 1 2 3 4 5 6 7 DMK RGN 7:15 8:00 Thai AirAsia

8M335 1 2 3 4 5 6 7 RGN BKK 8:40 10:25 MAI TG303 1 2 3 4 5 6 7 BKK RGN 8:00 8:45 Thai Airways

TG304 1 2 3 4 5 6 7 RGN BKK 9:50 11:45 Thai Airways PG701 1 2 3 4 5 6 7 BKK RGN 8:50 9:40 Bangkok Airways

PG702 1 2 3 4 5 6 7 RGN BKK 10:45 12:40 Bangkok Airways FD2755 1 2 3 4 5 6 7 DMK RGN 11:35 12:20 Thai AirAsia

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Myanmar Business Today - Vol 2, Issue 34

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