August 21-27, 2014

Myanmar Business Today

mmbiztoday.com
mmbiztoday.com August 21-27, 2014 | Vol 2, Issue 33 MYANMARS FIRST BILINGUAL BUSINESS JOURNAL
Inside MBT
Myanmar Summary
Green Factories to Get
Priority for Industrial Zones
Htun Htun Minn
C
osL-eecLIve und
Iow-poIIuLIon Iuc-
LorIes wIII be gIven
prIorILy wIIIe uwurdIng
IIcences Ior operuLIons uL
new IndusLrIuI zones Lo be
deveIoped In Myunmur In
LIe IuLure, u Lop govern-
menL om cIuI suId.
EIIgIbIe IucLorIes In-
cIude LIose LIuL ucIIeve
energy em cIency or do noL
reIeuse Loo mucI wusLe,
VIce PresIdenL U Nyun
Tun suId uL u coordInu-
LIon meeLIng on IndusLrIuI
zones In Yungon regIon.
By mukIng LIIs u prIor-
ILy, green enLerprIses cun
quIckIy creuLe jobs und
Increuse Income Ior LIe
pubIIc, Ie suId.
TIe ImpIemenLuLIon oI
IndusLrIuI zone projecLs In
LIe pusL Ius been pIugued
wILI probIems due Lo
munugerIuI uws In se-
IecLIng deveIopers und en-
IorcIng projecL guIdeIInes.
TIIs Ius ruIsed InIru-
sLrucLuruI Issues regurd-
Ing LIe quuIILy oI wuLer
or eIecLrIcILy suppIy,
roud und LrunsporLuLIon
uccess, und sewuge und
wusLe dIsposuI sysLem.
TIere ure uIso muny ob-
sLucIes IncIudIng Iuck oI
skIIIed workers, uccess Lo
cupILuI, IIgI producLIon
cosLs, Iund prIce munIpu-
IuLIon und empIoyer-em-
pIoyee dIspuLes.
To uvoId mukIng sImIIur
mIsLukes, new IndusLrIuI
zones musL be consLrucLed
by experIenced InvesLors
und deveIopers In order Lo
guurunLee LIe quuIILy oI In-
IrusLrucLure meeLs InLernu-
LIonuI sLundurds, LIe vIce
~.. ~_ ..:~ ._ .~ . ~ ,
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presIdenL suId.
nLeresLed deveIopers
Ior LIe upcomIng Indus-
LrIuI zones musL submIL
u projecL proposuI, wIIcI
IncIudes LIe busIc projecL
IounduLIon desIgn, Ieu-
sIbIIILy sLudy, murkeLIng
progrumme, consLrucLIon
pIun und LImeLubIe, us weII
us u budgeL LIuL covers es-
LImuLed cosLs und u hnun-
cIuI supporL progrumme.
TIese projecLs seem
Lo go weII sInce LIe PresI-
denL`s Om ce Is dIrecLIy
overseeIng LIe process.
BuL LIe zones need Lo be
deIIvered Lo busInesses
InLendIng Lo operuLe In
LIem. I mIsmunugemenL
Issues oI LIe pusL repeuL, IL
won`L work, suId U MyuL
TIIn Aung, cIuIr oI HIuIng
TIuryur ndusLrIuI Zone.
Yungon regIon currenLIy
Ius zq IndusLrIuI purks,
und LIe IndusLrIuI secLor
uccounLs Ior 6 percenL
oI LIe regIon`s GDP, uc-
cordIng Lo cIIeI mInIsLer
U MyInL Swe.
Your Myunmur Tuxes -
SIouId you be PuyIng? P-;
ReIuyIng LIe Messuge In
Myunmur: nvesLors` Enguge-
menL wILI nIrusLrucLure Pro-
jecL SLukeIoIders P-z1
No WuLer SuppIIes ubove 1z
LI
Ioor: YCDC P-z
Iabourers work at a factory in an industriaI zone in Yangon. Authorities said they wiII give priority to
cIeaner, Iow-cost factories whiIe awarding operation Iicences for new industriaI zones.
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
2
LOCAL BIZ
MYANMARS FIRST BILINGUAL BUSINESS JOURNAL
Board of Editors
Editor-in-Chief - Sherpa Hossainy
Email - editor@mmbiztoday.com
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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,
Aung San Oo, Tin Mg Oo, Aye Myat,
Aung Phyo, Zwe Wai, Phyo Thu,
David Mayes, Sherpa Hossainy, Aundrea Montao,
Jacob Goldberg, Kwan Yuk Sing, Logan Linnane
Art & Design
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Email - zarni.circle@gmail.com
Ko Naing
Email - nzlinn.13@gmail.com
DTP
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Translators
Aye Chan Wynn, Wai Linn Kyaw,
Phyu Maung
Advertising
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09 4211 30133
Business News in Brief
Hi ghway li nki ng I ndi a to Myanmar , Thai land
li kely by 2016
Two mujor connecLIvILy projecLs - KuIudun MuILI-
moduI TrunsIL und ndIu-Myunmur-TIuIIund LrIIuLeruI
IIgIwuy - IInkIng ndIu wILI Myunmur und IurLIer Lo
SouLIeusL AsIu ure IIkeIy Lo be compIeLed by zo16 wILI
boLI openIng up NorLIeusL ndIu Lo LIe economIes oI
ASEAN, ndIu`s mInIsLer Ior exLernuI uuIrs VK SIngI
suId, uccordIng Lo ndIun medIu reporLs. TIe KuIudun
projecL, wIen ImpIemenLed, wIII connecL KoIkuLu Lo SIL-
Lwe porL In Myunmur, und LIen IurLIer Lo MIzorum by
rIver und roud. TIe ndIu-Myunmur-TIuIIund IIgIwuy
wIII run Irom MoreI In MunIpur Lo Mue SoL In TIuIIund
vIu Myunmur.
BRT to be tested i n Yangon wi th 100 buses
Bus RupId TrunsIL (BRT) sysLem wIII be LesLed on Iour
seIecLed muIn rouds In LIe commercIuI cILy oI Yungon
wILI 1oo buses Ior ubouL eIgIL monLIs Irom LIe end oI
LIIs yeur, IocuI medIu quoLed Kyuw TIIIu, munugIng dI-
recLor oI BeLsone MyIngyIn Co, us suyIng. SouLI Kore-
un-mude HyunduI buses wIII be used Ior LIe LesLIng und
Germun-mude Mercedes-Benz buses wIII be used Ior
reuI operuLIon uILer LIe LesLIng perIod, Ie suId. Owned
by LIe grundsons oI Iormer mIIILury ruIer Ne WIn, LIe
compuny wIII InvesL ubouL K6.; bIIIIon (ubouL $; mII-
IIon) Ior LIe BRT sysLem.
Ri ce expor t to Bangladesh thr ough bor der no
longer vi able
ExporLIng rIce Lo BungIudesI LIrougI LIe border Is no
Ionger vIubIe us prIces In LIe domesLIc murkeL Iuve rIs-
en, IocuI medIu reporLed, cILIng IocuI IndusLry sources.
Our rIce IeLcIes LIe sume prIces In BungIudesI buL ILs
prIces Iuve gone up In LIe IocuI murkeL becuuse oI LIe
seusonuI IucLor, exporLer TIn Aung wus quoLed us suy-
Ing In ;Duy DuIIy. RIce exporL Lo BungIudesI LIrougI
LIe border Ius dropped us u resuIL und mosL exporLers
ure wuILIng Ior prIces Lo rIse, Ie suId.
Myanmar Moti on Pi ctur es to be li sted i n 2015
Myunmur MoLIon PIcLures DeveIopmenL PubIIc Co
Ld (MMPD) Is prepurIng Lo geL IIsLed on LIe Yungon
SLock ExcIunge wIen IL begIns operuLIons In zo1, Io-
cuI medIu reporLed senIor om cIuI Muung Muung Oo us
suyIng. MMPD, Iounded IusL yeur In SepLember, Ius
soId more LIun 8o,ooo sIures uL K1o,ooo sInce Muy z.
EIgILy percenL oI LIe buyers ure Irom LIe hIm IndusLry
und LIe resL ure Irom LIe generuI pubIIc.
Tour i st ar r i vals almost double at Nay Pyi Taw
Ai r por t
TIe number oI LourIsLs urrIvIng In Myunmur`s cupI-
LuI by uIr durIng LIe hrsL seven monLIs oI LIIs yeur Ius
uImosL doubIed compured Lo LIe sume perIod IusL yeur,
uccordIng Lo LIe MInIsLry oI HoLeIs und TourIsm. A Lo-
LuI oI 1o,6z1 IoreIgn LourIsLs Iud urrIved In Nuy PyI Tuw
nLernuLIonuI AIrporL beLween Junuury und JuIy, up
Irom ,qz8 durIng LIe sume perIod IusL yeur.
PTTEPI compensates for Zawti ka onshor e
pi peli ne land
TIuI energy gIunL PTTEP nLernuLIonuI suId IL Ius
compensuLed LIe Iund owners Ior LIeIr pIoLs LIuL were
used Ior LIe ZuwLIku onsIore pIpeIIne. A LoLuI oI K1.o8
bIIIIon ($1.1 mIIIIon) wus puId Lo qo Iund owners on
AugusL 1q uL PTTEP`s Cump In Kunbuuk, TunInLIuryI
regIon.
Mgonmor in tolks to get prst credit roting
Myunmur Is In eurIy-sLuge LuIks Lo geL ILs hrsL credIL
ruLIng puvIng LIe wuy Ior un evenLuuI debuL gIobuI-bond
suIe, LIe WuII SLreeL JournuI reporLed quoLIng peopIe
IumIIIur wILI LIe muLLer. A ruLIng wouId IeIp ensure
LIuL IoreIgn InvesLors don`L see LIe SouLIeusL AsIun
counLry us u bIuck box, u Myunmur om cIuI LoId LIe
WSJ, uddIng LIuL wIIIe LIere ure no ImmedIuLe pIuns Lo
Issue u bond, LIe counLry muy do so uL u IuLer duLe. TIe
counLry Is workIng wILI SLundurd CIurLered on geLLIng
LIe ruLIng process sLurLed, wIIcI wIII InvoIve scruLIny
oI Myunmur`s buIunce hnunces und revenue IorecusLs.
Myanmar Summary
~.e._.,.:.~~ .~.e._ ~.~..~,...._e.
._ ~.:.~,_..~.e_e.~.~~.q...~,.. _.,.:
.~.e..:.~ .~.e._ ~.~.._......:.~
.:._ ~~' ...~ ~_...~e....~:._e ~.e
_._..q.q:~,_~. VK Singh ~ ._.:.._.
q,~,_.q ~.~...._~.....~ ~_.,~.~:...
(BRT) .,.~ ~.~:....q ~~~ _e .:._q..~~.
......_....:.._e .q._.
.:...q.. ,e...~..~..~q._.,..|.
~...: _._~..,....:._.~~.._~: .qq_q.~_q,
...~:._~:. .q._.
_.,.:,.qe_e.~.~~.q.~.~..~~ (MMPD) ._
.:._ ~~ ...~ q,~,..~:...~~. ~.q:~q,
_...,._e .q._.
e~e..q..:..:.q.~,_~._:,-~_.,._~_:.~~q
e... ~,,~|q.. ~..~~. ._.:..:..q.._....|.
~~'~ ..q._ .,_._.~:.....~..~.q:~._..
~..|..:~._ .,.._..~ , . ..~.q:~.
._e .q._.
..-.q,~.~~.._e.._ PTTEP ~.~._
,.~-.q,.~.._e~.,..:.q:...~...:~q._..q
.:.~:. ..:._~...:....~..._~:. .q._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
3
LOCAL BIZ
Myanmar Summary
Mandalay SMEs to Get
K2 Billion: Minister
Tin Mg Oo
M
unduIuy regIon`s
mInIsLer Ior
eIecLrIc power
und IndusLry, U Kyuw My-
InL, suId Ie wIII requesL
LIe regIonuI governmenL
Lo Issue Iouns Lo LIe re-
gIon`s smuII und medIum
enLerprIses (SMEs) In LIe
comIng weeks.
PrevIousIy MunduIuy
regIon wus gIven onIy K1
bIIIIon Ior Iouns. BuL LIe
unIon mInIsLer Ior Indus-
Lry pIedged unoLIer K1
bIIIIon durIng our meeL-
Ing on AugusL 1, Increus-
Ing our Iund pooI Lo Kz
bIIIIon.
wIII InIorm LIe gov-
ernmenL Lo screen und
Issue Iouns. TIe Iouns
requIre governmenL up-
provuI beIore IssuIng, U
Kyuw MyInL LoId Myan-
mar Business Today.
TIe regIonuI govern-
menL Ius uIso Iormed u
Ioun revIew commILLee
wILI represenLuLIves Irom
LIe IndusLrIuI udmInIs-
LruLIon, Lux om ce, cILy
deveIopmenL commILLee
und IndusLrIuI zones. TIe
commILLee wIII InspecL
LIe busInesses uppIyIng
Ior Iouns und reporL LIeIr
hndIngs Lo LIe regIonuI
governmenL, LIe mInIsLer
suId.
So Iur, z8q SMEs Iuve
uppIIed Ior Iouns, 1qz oI
LIose Iuve been Iound Lo
meeL LIe requIremenLs,
und 8 SMEs umong
LIem wIII be provIded
wILI u Ioun oI mInImum
K1oo mIIIIon ($1oo,ooo)
Lo u muxImum Koo mII-
IIon ($oo,ooo) eucI, uc-
cordIng Lo U Kyuw MyInL.
TIe Ioun wIII be Issued
wILI un InLeresL ruLe oI 8.
percenL. MunduIuy regIon
Ius LIree IndusLrIuI zones
wILI over ;,ooo regIs-
Lered SMEs, uccordIng Lo
LIe regIonuI MInIsLry oI
EIecLrIc Power und ndus-
try.
TIe Ioun requesLs Irom
LIe SMEs umounL Lo Kzo
bIIIIon, buL we Iuve been
uIIoLLed onIy Kz bIIIIon.
We wIII upprove Iouns
Ior busInesses LIuL meeL
requIremenLs, U Muung
Muung Oo, secreLury oI
MunduIuy IndusLrIuI zone
munugemenL commILLee,
told Myanmar Business
Today.
TIe governmenL
sIouId deLermIne LIe
umounL oI Ioun money
uvuIIubIe Ior eucI regIon
und sLuLe bused on LIe
number oI SMEs In LIuL
ureu, Ie udded.
TIe currenL Ioun pro-
cess uIIows busInessmen
wIo ucLuuIIy need Iund-
Ing geL Iouns wILI LIe sup-
porL oI LIe governmenL
compured wILI LIe pusL
prucLIce wIen onIy peo-
pIe wIo know LIeIr wuy
uround LIe bunkIng pro-
cess couId geL Iouns.
DespILe LIe uIIocuLed
Iunds beIng noL enougI Lo
IuIhII LIe requIremenL oI
LIe SMEs, IL cun IeIp euse
some oI LIe dIre hnuncIng
need oI IocuI SMEs, suId u
busInessperson wIo runs
un SME In MunduIuy re-
gIon.
.. ...~ ...._~ .~~ .
q ~....:. ~.~.:..~.
.~. (SME) ..,..:.~:.
.....:.~....q, e.
~..~~~. ~...._~.
~..q~e. ~_..:..__e.
._~:. .....~...._~.
~. .q~e .. .. . .~ . .q.
q:~, _ ~ . ..~: _. ~ MBT
. ._.:._ .
~....:. ~.~.:..~.
.~...,. (SME) .:. e_e.
..q, ~~ ~ _._ .: . ~. .q
. _., .:. ~. ~ . e ~
.... ._ .~ ...._~ .. _._
,e~.....~:. ~..~.
. e ~ .. . . _ . . _ . .
|..e~:. ~q,~_e.:.
q._.
~q~ .....~~~ ...
.~..e.q~:.~.| ~.
~. q~ ., ~.~ . ~, _ ~ ., .~
.~: .. ...~~ ~ ~. . e
....~e.~. ...eq
.:._.. ~.|~..._.. ~...
.e ~...._~.~..q~e~
. ~.~ . : ~ _.. :..e .
.... ~ .... e ~~ ....
_~ .~. .q~e q .:~ . .~
. ~. ~e ''e .. ...~ ....
_~.~..q~e..... .~.
.q.q:~, _~. ..~: _. ~ q ._.
._.
~....:.~.~ .:..~ .
.~...,. SME .:.
.....:.~....q, ...
. . .. .q..~: .~ ~. q. ~
~...._~.~..q~e. .~.
_~._~. ~., ._. .~.
~,~e.:..e.:._e e._.
:.._ . ~. .|.~: .~ .
.... qe q, ~ _..:._
..,..:.~ ~........
_.. ~...._~.~..q~e.
~_.q._..~q~ ....
qeq, ~_..:._ SME
..,. .q_.. .~.~
.~.~~_.q..:..,.
~, .. .~ ..,.~..
. .... ~.:.. . . ,. ~~
. ~,_ .. . . , . ~~~ ~ ...
.:..__e.._~:. ..~:_.
~ ..q._.._.
.... .:.~ ~. . . . ~~ .
.,. ... q:..,._e
~....:..__e._.. .....
~...._~.~ .~.~,...
. ~q:.~.~.~:...:
~... .:. ~.~ .:. .~ .
.~...,...|. .,..:
.~ : q._ ~: . .. ...~ .
..._ ~ . . . .. . .~ . .q.
q:~,_~._:,. .q._.
e.. ~...._~.~..q.
.:~ . . _e ~....:. ~.~
.:..~ . .~ . (SME) . . , .
.:.....e._...: e.
.,..:.~ ...~:..,_..
e.~ ~.,.. ..~
~~..:..:qqq:. e.~.|
~.,~~e.~...:..|qq
.:..__e.._~:. ,.~
..._.:._.
L
ocuI consLrucLIon
hrm CupILuI DeveI-
opmenL Co wus gIven
LIe nod Lo buIId Myue-
nIgone overpuss In Yun-
gon, uccordIng Lo Yungon
regIon governmenL.
TIe overpuss, 6o me-
Lres Iong und 1q. meLres
wIde, uIms Lo reduce LruI-
hc jums neur MyuenIgone
juncLIon.
CupILuI DeveIopmenL
prevIousIy won LIe Lender
Ior consLrucLIon oI SIwe-
gonedIne yover.
Yungon RegIon govern-
menL proposed spendIng
un esLImuLed K16.qz8 bII-
IIon ($1; mIIIIon) on LIe
consLrucLIon oI LIe yover
In zo1q-zo1 hscuI yeur.
Local Firm to Build
Yangon Overpass
~....:.. ~.~ .:..~
..~. (SME) ..,..:.~
.,_ e ~. .|.... qq . ..:
~. :. ..:~ . .q ..: ._ .
. . , .. :...: q ~ q:~
~,_.e~.._...:.q .:
. ._ ~~ ~ .. .. qe .
_ . ._ e. ._ ~: ... ...~ .
..._~.q (SME) ..,.
. . ~ .,. ~. . ~._ .:
._.
Kyaw Min
Myanmar Summary
_ ._ ~ . ..:~ . . .q.
~.~ ~.._e.._ Capital
Development ~.~._
._.,~,. ...._ ~q_ '~
.~: ~~e ~, ...
. ~:q ._ . . .~ : ~ ~:.
~. . ~ ..:~ . . q, . _ .
.~qq.._e .q._.
A woman weaves robes at a factory at Nyaungshwe township.
U
A
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n
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in
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a
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
4
Myanmar Summary
Ministry to Set Up New Transformers
for Better Electricity Distribution
Kyaw Min
T
Ie MInIsLry oI
EIecLrIc Power un-
nounced LIuL new
LrunsIormers wIII be
InsLuIIed In LownsIIps
ucross LIe counLry In un
eorL Lo revump LIe coun-
Lry`s rumsIuckIe eIecLrIc-
ILy dIsLrIbuLIon sysLem.
TIe mInIsLry Is pIunnIng
Lo seL up zoKV, 66KV
und 11KV LrunsIormers In
LIe LownsIIps oI Tuung-
gyI, Myuwuddy und KuIuy,
wIIIe zoKV LrunsIorm-
ers ure uIso Lo be buIIL In
TIukeLu und OuksIIpIn
LownsIIps, mInIsLry om-
cIuIs suId.
Some uddILIonuI 66
or KV LrunsIorm-
ers ure uIso Lo be In-
sLuIIed In KuL KIuI, TuI
NIn, PIuIum, KoLkuruLe,
MInLone, MInkIn, ouL-
kuI, PIusuung, Mu I,
Suw, MInpyur, Kunmu,
CIuungzone und PIuyur
Gone (ZurLupyIn).
TIe LrunsIormers ure
beIng InsLuIIed Lo upgrude
eIecLrIcILy dIsLrIbuLIon
LIrougIouL LIe counLry.
We wIII conLInue buIId-
Ing more LrunsIormers
In LownsIIps wIere LIey
ure needed, suId U Aung
KIuIng, cIuIr oI LIe EIec-
LrIcILy DIsLrIbuLIon De-
purLmenL Ior Yungon re-
gIon.
As LIe eIecLrIcILy con-
sumpLIon oI Myunmur Is
rIsIng by un esLImuLed 1
percenL every yeur, LIe
mInIsLry Is workIng Lo-
wurds boosLIng produc-
LIon wIIIe generuLIng
1o,q8 mIIIIon unILs oI
power In zo1z-1 Y - re-
suILIng In un Increuse oI
IndIvIduuI und IouseIoId
consumpLIon oI ubouL
18o kIIowuLL Iours, u o
percenL yeurIy Increuse.
ToLuI eIecLrIcILy con-
sumpLIon In LIe counLry
Is expecLed Lo reucI q,qoo
meguwuLLs In zo1, buL
LIe producLIon cupucILy
wIII be ubIe Lo pump ouL
onIy z,oo meguwuLLs,
uccordIng Lo LIe mInIsLry.
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Land Owners to Get
Compensation for
Yangon Circle Train
Upgrade Project
Kyaw Min
O
wners oI Iunds
LIuL IuII wILIIn LIe
ureu oI LIe Yun-
gon CIrcIe Ine ruII Lruck
upgrudIng projecL wIII be
compensuLed bused on
IocuI murkeL Iund prIces,
suId U Tun Aung TIIn,
generuI munuger oI LIe
sLuLe-run Myunmu RuII-
wuys EnLerprIse.
TIe projecL, u purLner-
sIIp beLween Myunmur
RuIIwuys und LIe Jupun
nLernuLIonuI Cooperu-
LIon Agency, Is expecLed
Lo commence In zo1 und
IncIudes LIe ImpIemenLu-
LIon oI IIgI-speed LruIns,
Lruck upgrudes und uIms
Lo euse Yungon`s deLerIo-
ruLIng Lrumc.
Over LIe comIng
monLIs, Iund In LIe ureu
oI LIIs projecL wIII be pre-
IImInurIIy InspecLed Lo
deLermIne ownersIIp. I
IocuI resIdenLs ure Iound
Lo be LIe IeguI owners
oI LIe Iund, LIey wIII be
compensuLed uccordIng
Lo LIe scIeme IuId ouL by
LIe governmenL, U Tun
Aung TIIn LoId Myanmar
Business Today.
ResIdenLs IIvIng In
mukesIIIL uccommodu-
LIons on Myunmu RuII-
wuys LerrILory wIII be re-
moved, Ie suId. AILIougI
IL Is uncIeur Iow LIe gov-
ernmenL wIII ussIsL LIem.
A resIdenL Irom LIe pro-
jecL ureu suId: undown-
ers In LIe projecL ureu ure
worry LIe governmenL
wIII noL compensuLe LIem
bused on LIe murkeL prIce
becuuse oI Yungon`s ex-
LremeIy IIgI Iund prIces.
WIen LIe LIme comes,
und II omcIuIs muke up
some excuses und reIuse
Lo puy LIe murkeL prIce,
LIere wIII be dIspuLes.
Myanmar Summary
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D
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
5
Myanmar Summary
IP Laws Drafted, to be Submitted
to Parliament Soon
Phyo Thu

nLeIIecLuuI properLy
rIgIL bIIIs Iuve been
druILed und wIII be
submILLed Lo LIe purIIu-
menL soon In u bId Lo hII
LIe gups In LIe currenL
copyrIgIL Iuws, suId Dr Bu
SIwe, depuLy mInIsLer Ior
scIence und LecInoIogy.
TIe bIIIs Iuve been sub-
mILLed Lo LIe uLLorney
generuI`s om ce, wIose
commenLs ure requIred
beIore submIssIon Lo LIe
purIIumenL Ior upprovuI,
LIe mInIsLer suId.
TIe InLernuLIonuI prop-
erLy rIgIL bIIIs, wIIcI ure
prepured Lo sLImuIuLe
und rewurd boLI IocuI
und InLernuLIonuI puLenL
owners, comprIse oI LIe
creuLIon oI u rIgILs bIII,
IndusLrIuI desIgn rIgILs
bIII, Lrudemurks bIII und
copyrIgIL bIII, Ie conLIn-
ued.
TIe mInIsLry Is uIso seL
Lo Ink u memorundum
oI undersLundIng (MoU)
wILI Koreu`s nLeIIecLuuI
ProperLy Om ce Lo provIde
ussIsLunce on LIIs Issue.
TIe governmenL Is uIso
workIng wILI UnILed SLuLes
PuLenL und Trudemurk OI-
hce (USPTO) und LIe Eu-
ropeun UnIon`s Om ce Ior
HurmonIzuLIon oI nLernuI
MurkeL Lo ucIIeve enucL-
menLs oI LIe InLeIIecLuuI
properLy rIgIL Iuws.
As IoreIgn InvesLmenL
keeps pourIng In, copy-
rIgIL Iuws ure requIred Lo
proLecL busInesses, suId
U Suw Muw Tun, u mem-
ber oI LIe upper Iouse oI
purIIumenL.
DespILe u generuI uppre-
cIuLIon oI LIe esLubIIsI-
menL oI copyrIgIL Iuws,
muny busInessmen sLuLe
LIuL sIorL-Lerm und Iong-
Lerm pIuns sIouId be de-
veIoped und InLernuLIonuI
sLundurds sIouId be In-
corporuLed InLo LIe Iuw.
We sIouId consIder
wIeLIer InLernuLIonuI
sLundurds ure compuLIbIe
wILI LIe currenL buckdrop
oI our counLry.
Even uILer LIe Iuws
ure enucLed, (uuLIorI-
LIes) need Lo ruIse pub-
IIc uwureness oI LIem Lo
ensure compIIunce, suId
Duw KIIn uy, pubIIsIer
oI KIIL YununL monLIIy
muguzIne.
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(USPTO) .q:....
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S
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
6
ESOMAR Holds Training Workshop for Myanmar Market Researchers
Wai Linn Kyaw
T
Ie Europeun SocI-
eLy Ior OpInIon und
MurkeL ReseurcI
(ESOMAR) IeId u hve-
duy LruInIng worksIop
Ior murkeL reseurcIers
In Myunmur In u bId Lo
supporL LIe edgIIng re-
seurcI scene In LIe SouLI-
eusL AsIun nuLIon.
our IoreIgn experLs
cume Lo Myunmur us voI-
unLeers IusL week Lo curry
ouL LIe LruInIng course,
ESOMAR, u worId usso-
cIuLIon Ior murkeL, socIuI
und opInIon reseurcIers,
suId.
TIe experLs were: PIyI-
IIs McIurIune Irom GK,
UK, Annu TIomus Irom
Nunwood, AusLruIIu,
SIIvInu Neder Irom NED-
ER SLuLIsLIcs, SpuIn, und
AnugIu KunIere Irom
HuII & PurLners, AusLruI-
Iu.
MurILu ScIImpI, ESO-
MAR counLry represenLu-
LIve In Myunmur, suId sIe
und Ier coIIeugues urged
LIe Esomur ounduLIon,
wIIcI wus IuuncIed IusL
yeur Lo IeIp reseurcIers
In dIsLress und uIso sup-
porL reseurcI educuLIon,
Lo IeIp Increuse LIe skIII
seL oI Myunmur reseurcI-
ers.
TIere Is no reseurcI
educuLIon In Myunmur.
CIIenLs expecL LIe sume
quuIILy sLundurd IIke In
oLIer counLrIes und II My-
unmur reseurcI compu-
nIes don`L udopL quIckIy
LIey muy Iose ouL Lo LIe
InLernuLIonuI ugencIes
wIIcI Iuve LIe resources
Lo LruIn LIeIr sLu.
PrIor Lo LIe LruInIng, LIe
LruIners spoke uL u conIer-
ence ESOMAR BesL oI
Myunmur zo1q, joInLIy
orgunIsed by ESOMAR
und Myunmur MurkeL-
Ing ServIces AssocIuLIon
(MMSA) members, Lo
empIusIse LIe Impor-
Lunce oI reseurcI wILIIn
LIe murkeLIng communILy
In Myunmur.
Myanmar Summary
Stricter Enforcement of Tax Collection on Rental
Income: Positive Impact on The Real Estate Market?
Stefanie Siegfried
A
ccordIng Lo LIe
IuLesL news, LIe
Myunmur nLer-
nuI Revenue DepurLmenL
(RD) Is uImIng Lo ensure
LIe enIorcemenL oI ILs Lux
IegIsIuLIon by IncreusIng
LIe number oI Luxpuyers
In LIe reuI esLuLe murkeL.
An InLervIew wILI un oI-
hcIuI oI LIe RD reveuIed
LIuL onIy 1o percenL oI
IundIords currenLIy puy
Luxes on LIeIr renLuI In-
come. ProperLy owners
wIo renL ouL upurLmenLs,
condos, Iouses und Iund
Lry Lo cIrcumvenL LIe sys-
Lem by puyIng Luxes on u
mucI Iower vuIue oI LIe
properLy LIun ugreed wILI
LIeIr conLrucLIng purLy
or do noL puy Luxes uL
uII. L Is obvIous LIuL LIIs
neguLIveIy ImpucLs Myun-
mur`s economy und IuILI
In LIe enIorcemenL sys-
Lem. SmuII und medIum
sIze enLerprIses (SMEs)
ure especIuIIy sLruggIIng
Lo sLurL busIness In My-
unmur due Lo IIgI renLuI
Iees.
AccordIng Lo Myunmur
Lux Iuws, u IundIord Ius Lo
puy Luxes II LIe renLuI In-
come reucIes more LIun
Kz mIIIIon ($z,ooo) u
yeur. TIe LuxuLIon sLurLs
uL Lwo percenL wILI pro-
gressIve Increuses up Lo
z percenL, dependIng
on LIe vuIue oI LIe prop-
erLy. TIe pubIIsIed Lux
reIorms eurIIer LIIs yeur
sLIpuIuLe reIuxed Luxes
on properLy purcIuses.
TIe Iormer o percenL In-
come Lux Is sLIII uppIIcubIe
Ior LIe purcIuse oI Im-
movubIe properLy, buL on
u one-LIme busIs IL Is pos-
sIbIe Ior LIe Luxpuyer Lo
Invoke progressIve ruLes
Irom LIree percenL up Lo
o percenL. TIIs reIorm
sIouId muInIy benehL
smuIIer properLy Lruns-
ucLIons by puyIng Iower
Luxes. However, Myun-
mur Lux Iuws ure compIex
und LIere ure IundIords
wIo ure noL IumIIIur wILI
LIeIr rIgILs und duLIes Lo
puy Luxes.
TIereIore, LIe RD Ius
now unnounced pIuns Lo
proceed und beLLer en-
Iorce ILs Lux coIIecLIon
sysLem on renLuI Income.
TIIs sIuII uIso consLILuLe
un eorL Lo generuLe more
sLuLe Income und beLLer
reguIuLIon oI LIe reuI es-
LuLe murkeL In Myunmur.
urLIermore, LIe govern-
menL und LIe RD ure wIII-
Ing Lo Luke severuI sLeps Lo
ImpIemenL meusures LIuL
Increuse uwureness oI
LIe Myunmur Lux sysLem.
WILI LIe unnouncemenL
oI u sLrIcLer upproucI on
Lux reguIuLIon LIere Iuve
been uIso reporLs on un
RD pIun Lo work wILI
Yungon CILy DeveIop-
menL CouncII (YCDC) Lo
coIIecL duLu Ior LIe creu-
LIon oI u consoIIduLed du-
Lubuse oI Lux-evudIng In-
dIvIduuIs by compIIIng un
uccuruLe IIsL oI IundIords.
By IoIdIng semInurs on
LIe ImporLunce oI Luxes,
und provIdIng InIormu-
LIon on LIe Lux sysLem, LIe
RD wunLs Lo ensure LIuL
properLy owners become
uwure oI LIeIr rIgILs und
duLIes.
AILIougI LIe RD uI-
reudy Look meusures,
sucI us unnouncIng ILs
Lux coIIecLIon pIuns In
newspupers, LIere Ius Lo
be mucI more eorL Lo
ensure LIuL Lux on reuI
esLuLe LrunsucLIons Is
puId. TIe prIce IIke oI LIe
reuI esLuLe murkeL Ius so
Iur onIy benehLed prop-
erLy owners. AnnouncIng
sLrIcLer ruIes regurdIng
Luxes on reuI esLuLe Is u
sLep In LIe rIgIL dIrecLIon
on beIuII oI LIe Myunmur
governmenL becuuse IL
Increuses sLuLe revenue.
However, us menLIoned
ubove u Iew more sLeps
Lowurd successIuI ImpIe-
menLuLIon oI LIIs sysLem
Iuve Lo be done. TIere-
Iore, LIe RD musL coIIecL
cIeur duLu Lo ensure noL
onIy Lrunspurency, buL
uIso cIurIhcuLIon In LIe
sysLem. As reporLed eur-
IIer LIIs monLI, LIe RD
Is pIunnIng Lo provIde
semInurs on LIuL muLLer
und IuuncIed new spe-
cIuIIsed Lux omces wILI
experIenced Lux omcers Lo
provIde IIgI-quuIILy ser-
vIces.
L Is Lo be expecLed LIuL
LIe new enIorcemenL pIun
sIuII uIso Iuve u posILIve
ImpucL on LIe reuI esLuLe
murkeL. WILI LIe openIng
oI LIe counLry und LIe In-
creusIng Inow oI IoreIgn
InvesLmenL InLo Myun-
mur, renLuI ruLes In bIg-
ger cILIes IIke Yungon ure
rIsIng Lo unreuIIsLIc ruLes
In reIuLIon Lo LIe cosL-
benehL ruLIo. AddILIonuI-
Iy, LIe properLy prIce IIke
wILI rockeLIng renLuI Iees
mukes Myunmur unuL-
LrucLIve Ior muny IoreIgn
InvesLors. TIIs uIso Ius u
sIgnIhcunL ImpucL on Io-
cuI cILIzens wILI specIuI
regurd Lo LIe poorer pop-
uIuLIon In Myunmur.
However, LIe un-
nounced ImprovemenLs,
us weII us LIe Lux sysLem
reIorm by ImpIemenLIng
sLrIcLer ruIes und penuI-
LIes, one cun expecL u pos-
ILIve ImpucL Ior LIe reuI
esLuLe murkeL und uIso
Ior Myunmur`s economy
In generuI. TIereIore,
one cun ussume LIuL LIIs
reIorm wIII noL jusL buI-
e LIe prIce IIke, buL wIII
uIso ensure InvesLors con-
LInue Lo enLer Myunmur`s
market.
SLroIuI eguI Group
(SG) Is u Iuw hrm oer-
Ing IIgIIy personuIIzed
servIces specIuIIzIng In
InLernuLIonuI und cross
border busIness. SG en-
joys u weII-esLubIIsIed
repuLuLIon ucross Europe,
SouLIeusL AsIu und LIe
MIddIe EusL. n Myun-
mur, SG provIdes servIc-
es under LIe nume U MIn
SeIn& SLroIuI AssocIuLes
uw Irm.
TIe vIews und opInIons
expressed Iere ure LIe
uuLIor`s own und do noL
necessurIIy reecL My-
anmar Business Todays
edILorIuI opInIon.
Myanmar Summary
Bowntown Yangon`s skyIine.
W
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~~, . (ESOMAR) ._ _., .:
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_.,.:..q: ESOMAR
~e.:..e Marita Schimpl
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
7
LOCAL BIZ
Your Myanmar Taxes Should You be Paying?

L Is common Ior Ior-

eIgners Lo work In My-
unmur wIIIe LruveIIng
In und ouL oI LIe counLry
on LourIsL vIsus. AccordIng
Lo LIese workers LIey`re
LecInIcuIIy LourIsLs und
sIouIdn`L Iuve Lo puy My-
unmur Income Lux. s LIIs
correcL?
AccordIng Lo LIe Tuxu-
LIon Iuw, every person Ius
Lo puy Income Lux wIen
LIey Iuve u source oI In-
come In Myunmur.
n IucL, wIeLIer you ure
requIred by Iuw Lo puy In-
come Lux In Myunmur Ius
IILLIe Lo do wILI LIe vIsu you
were grunLed uL LIe uIr-
porL. AII Income you eurn
In Myunmur Is LuxubIe. TIe
umounL you puy depends
on wIeLIer you ure u resI-
denL or noL und LIe kInd oI
Income eurned.
eL`s sLurL wILI your resI-
dency sLuLus. I you ure u
IoreIgner und Iuve been
In Myunmur Ior uL IeusL
18 duys durIng u Lux yeur,
you ure consIdered u resI-
denL oI Myunmur. or LIe
purposes oI Myunmur Lux,
un IndIvIduuI`s Lux yeur Is
AprII 1 unLII MurcI 1.
ResIdenL IoreIgners
workIng Ior compunIes
LIuL ure noL Iormed under
LIe oreIgn nvesLmenL
uw oI zo1z puy Income
Lux on suIurIes uL progres-
sIve ruLe Irom o Lo z per-
cenL. Here`s Iow LIe bruck-
eLs Iook |TubIe 1|.
Some Income In LIIs cuL-
egory Is exempL. n oLIer
words, IL Isn`L counLed
wIen LIe governmenL cuI-
cuIuLes your LoLuI Lux bIII.
DependenL cIIIdren under
LIe uge oI 18 uIIow u Lux
puyer Lo cIuIm u Koo,ooo
exempLIon per cIIId. I
LIe Luxpuyer Ius u spouse,
LIere Is u Koo,ooo ex-
empLIon.
I you ure u resIdenL Ior-
eIgner und ure empIoyed
by u sLuLe-sponsored pro-
jecL or compuny, your suI-
ury wIII be Luxed uL zo per-
cenL.
I you, us u resIdenL,
work Ior u compuny LIuL
Is Iormed under LIe or-
eIgn nvesLmenL Iuw, your
suIury wIII be Luxed uL pro-
gressIve ruLes Irom o Lo z
percenL, LIe sume ruLes uL
wIIcI Myunmur cILIzens
James Finch &
Kyaw Swa Myint
Myanmar Summary
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ure Luxed.
WIuL ubouL II you`re u non-
resIdenL? n oLIer words, you
come und go Irom Myunmur,
or were In Myunmur on em-
pIoymenL LIuL IusLed Iess LIun
18 duys In LIe Lux yeur. You
musL puy Income Lux uL u IIuL
ruLe oI percenL und ure noL
eIIgIbIe Ior Lux exempLIons or
oLIer Lux reIIeI.
Non-resIdenLs oILen suy
LIey`re onIy workIng In-
counLry u coupIe oI duys u
monLI, or LIuL LIeIr work
In Myunmur wus onIy u
oneLIme sILuuLIon. Under
LIese cIrcumsLunces IL Is
u common beIIeI umong
non-resIdenLs LIuL LIey
couIdn`L possIbIy owe In-
come Luxes Lo LIe Myun-
mur governmenL.
UnIorLunuLeIy Ior LIese
workers, LIe Iuw sLuLes LIuL
II Income Is generuLed by
work perIormed In My-
unmur, Luxes ure owed. n
prucLIce IL Is dImcuIL Ior
LIe Myunmur Tux uuLIorI-
LIes Lo Lruck Income eurned
by non-resIdenLs, und II
LIe TownsIIp Revenue OI-
hcer deLermInes LIuL LIe
Income oI u non-resIdenL
IoreIgner cunnoL be deh-
nILeIy known, LIey Iuve
dIerenL meLIods Lo es-
LImuLe eurned Income Ior
Lux purposes.
Here`s unoLIer IucLor
Lo consIder. Myunmur
resIdenLs puy Income Lux
on uny Income eurned
worIdwIde. TIIs meuns,
Ior exumpIe, II you us u
resIdenL ure puId u suI-
ury oI $zo,ooo In Myun-
mur und druw u suIury oI
$o,ooo ouLsIde, even II
LIe $o,ooo Is Ior work
you do wIIIe LruveIIng ouL-
sIde oI Myunmur, you owe
Myunmur Income Lux on
uII oI IL. I you receIve pus-
sIve Income sucI us sLock
dIvIdends und LIe source
oI Income Is noL reIuLed Lo
your Income In Myunmur,
you do noL owe Lux on LIIs.
However LIere Is good
news In LIIs veIn Ior non-
resIdenLs. I you quuIIIy us
u non-resIdenL you ure ex-
empL Irom IuvIng Lo puy
Luxes on Income eurned
ouLsIde oI Myunmur.
NexL week we wIII conLIn-
ue our dIscussIon oI Luxes
In Myunmur.
James Finch is a partner
at DFDL Myanmar Lim-
ited, resident in Yangon.
Kyaw Swa Myint is an
advisor at DFDL Myan-
mar Limiteds Yangon Tax
Business Unit.
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
8
Myanmar Summary
Myanmar Can Renegotiate Hydro Deal to Keep
More Power, Says Chinese Firm
Jared Ferrie
A
CIInese hrm LIuL
sIgned deuIs wILI
Myunmur`s Ior-
mer mIIILury ruIers Lo
buIId Iydro dums suId
IL couId renegoLIuLe LIe
Lerms, wIIcI wouId see
some projecLs suppIyIng
qo percenL oI power Lo
CIInu, In order Lo uIIow
more power Ior domesLIc
consumpLIon.
Myunmur`s unreIIubIe
power suppIy Is under-
mInIng economIc deveI-
opmenL In AsIu`s second-
pooresL counLry, wIIcI Is
emergIng Irom qq yeurs
oI uuLocruLIc mIsmunuge-
menL under mIIILury ruIe.
TIere Ius uIso been
Increused sensILIvILy In
Myunmur ubouL wIeLIer
IL Ius been seIIIng o Loo
bIg u sIure oI ILs rIcI re-
sources Lo neIgIbourIng
counLrIes, purLIcuIurIy
CIInu.
I LIe new governmenL
LIInks LIere Is more pow-
er demund now In Myun-
mur, LIen oI course LIere
Is no probIem Lo meeL LIe
IocuI demund hrsL, Sun
HongsIuI, vIce presIdenL
oI LIe Power ConsLrucLIon
Corp oI CIInu, LoId Reu-
ters.
DespILe IuvIng ubun-
dunL nuLuruI gus und Iy-
dropower poLenLIuI, onIy
uround u quurLer oI My-
unmur`s 6o mIIIIon peopIe
Iuve uccess Lo eIecLrIcILy,
umong LIe IowesL ruLes In
AsIu, uccordIng Lo un Oc-
Lober zo1z AsIun DeveI-
opmenL Bunk reporL.
Myunmur`s semI-cI-
vIIIun governmenL Ius
promIsed Lo suppIy eIec-
LrIcILy Lo LIe enLIre coun-
Lry by zoo.
Sun suId IIs compuny
wus wIIIIng Lo renegoLI-
uLe ugreemenLs In order
Lo IeIp LIe governmenL
ucIIeve LIuL objecLIve.
I LIere Is exLru eIec-
LrIcILy, muybe IL cun be ex-
porLed Lo CIInu or unoLI-
er neIgIbourIng counLry,
Ie suId on LIe sIdeIInes oI
un energy conIerence IusL
week In Yungon, LIe com-
mercIuI cupILuI.
TIe MInIsLry oI EIecLrIc
Power decIIned Lo com-
menL.
Energy mi x
Myunmur`s economy
sIouId grow 8. percenL
LIIs hscuI yeur, IIgIer
LIun prevIousIy IorecusL
muInIy due Lo rIsIng gus
ouLpuL und InvesLmenL,
LIe nLernuLIonuI Mon-
eLury und Ius suId.
WILIouL u reIIubIe,
growIng suppIy oI eIecLrIc
power, LIe munuIucLurIng
IndusLry especIuIIy prob-
ubIy wouIdn`L be uLLrucLed
Lo LIIs counLry und LIuL
wouId Iumper economIc
growLI, suId Kyosuke n-
udu, senIor represenLuLIve
In Myunmur Ior LIe Jupu-
nese nLernuLIonuI Coop-
eruLIon Agency (JCA).
And economIc growLI
und poIILIcuI reIorm ure
cIoseIy reIuLed. JCA Is
workIng wILI LIe govern-
menL on IncreusIng power
suppIIes.
ToLuI generuLIon oI eIec-
LrIc power durIng LIe IusL
hscuI yeur wus 1.oq8 bII-
IIon kwI, up Irom 1o.q6q
bIIIIon kwI In LIe zo1z-1
hscuI yeur und 8.6z bII-
IIon kwI In zo11-zo1z,
uccordIng Lo LIe sLuLe-run
CenLruI SLuLIsLIcuI Orgun-
IsuLIon (CSO).
Myunmur`s eIecLrIh-
cuLIon pIun wouId see u
muILI-prong upproucI In-
voIvIng Iydro, gus, couI,
und renewubIe. We wIII
dIscuss wILI LIe govern-
menL Lo hnd besL mIx,
suId nudu.
PrIvuLe consuILunL
TIoung WIn, wIo sILs on
LIe governmenL`s energy
deveIopmenL commILLee,
suId LIuL by zoo, Myun-
mur muy generuLe ubouL
o percenL oI ILs power
Irom gus und couI hred
pIunLs, o percenL Irom
renewubIe sources IIke
wInd und soIur, und qo
percenL Irom Iydro.
BuL Myunmur wIII Iuve
Lo buIunce envIronmenLuI
und socIuI cosLs In pursu-
Ing power projecLs.
n zo11, LIe LIen junLu
ubundoned pIuns Ior u
$.6 bIIIIon, CIInese-Ied
dum projecL on LIe r-
ruwuddy RIver uILer pro-
democrucy und envIron-
menLuI proLesLs. Reuters
Russia, Myanmar Sign $38-m Deal on Oil Survey Wells
Aung Phyo
B
usIneIL nLernu-
LIonuI BV, u sub-
sIdIury oI RussIu`s
IurgesL producer oI oII
producLs BusIneIL, Ius
sIgned un ugreemenL
wILI sLuLe-run Myunmur
OII und Gus EnLerprIse
(MOGE) Ior LIe dIsLrIbu-
LIon oI LIe BIock EP-q oII
weII, LIe hrm suId.
BusIneIL nLernuLIonuI
BV Is LIe operuLor oI LIe
projecL, IoIdIng u qo
percenL sLuke, wIIIe Sun
Apex HoIdIngs Ld Irom
Myunmur IoIds LIe re-
muInIng 1o percenL.
Under LIe ProducLIon
SIurIng ConLrucL (PSC),
LIe purLners wIII ImpIe-
menL u LIree-yeur geo-
IogIcuI expIoruLIon pro-
grumme, wIIcI muy be
exLended Ior unoLIer
LIree-yeur perIod und
IncIudes seIsmIc surveys
und drIIIIng oI Lwo expIo-
ruLIon weIIs. nvesLmenLs
In LIe geoIogIcuI expIo-
ruLIon progrumme sIuII
LoLuI $8. mIIIIon, BusI-
neIL suId. TIe sIgnIng bo-
nus LoLuIs $q mIIIIon.
BIock EP-q wILI LIe
ureu oI 8q1 squure kIIo-
ImeLres Is IocuLed In LIe
CenLruI Myunmur BusIn.
zD seIsmIc surveys cover-
Ing 1z IIneur kIIomeLres
Iuve been conducLed uL
LIe sILe, und LIree pros-
pecLIng weIIs Iuve been
drIIIed, wIIcI Iuve un-
covered sIx promIsIng oII-
beurIng IormuLIons, LIe
hrm suId.
BIock EP-q Is IocuLed In
un ureu wILI weII-deveI-
oped oII und gus Lruns-
Myanmar Summary
porLuLIon und processIng
InIrusLrucLure.
BusIneIL guIned LIe
rIgIL Lo concIude LIe deuI
In OcLober IusL yeur, wIen
IL won LIe onsIore bIocks
second bIddIng round
conducLed by LIe MInIs-
Lry oI Energy.
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_e. ._ Bashneft international
BV ._ _.,.:.q,..:~
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qq q, ..:~ _ . qq . ._~: .
~. .|. . , .. . ._~_:. ._ .
~. .|. . ~ ~ ~:...: q ~
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BV ._ qee: ~ q:. . , .
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Ltd ~ ~~ q:. . ,.. . ._
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
9
Samsung
HP/FC
Myanmar Summary
Unclaimed Lottery Prizes Top $7 Million
Phyo Thu
U
ncIuImed IoLLery
wInnIngs over
LIree yeurs In LIe
sLuLe-run Aung Bur uy
IoLLery sysLem umounLs Lo
K6.q1; bIIIIon ($;.1 mII-
IIon), u mInIsLer suId.
TIere Iuve been ,;oo
uncIuImed prIzes beLween
zo11 und zo1q - Kz.oq bII-
IIon In LIe zo11-1z hscuI
yeur, Kz.1 bIIIIon In zo1z-
1Y und Kz.; bIIIIon In
zo1-1qY, depuLy mInIs-
Ler Ior hunnce Dr In Aung
LoId LIe purIIumenL.
PrIzes uncIuImed uI-
Ler beIng druwn ure un-
nounced In sLuLe-run
newspupers, on noLIce
bourds oI sLuLe, regIonuI
und LownsIIp Lux udmIn-
IsLruLIon om ces und on
LIe websILe oI LIe nLernuI
Revenue DepurLmenL.
We wIII unnounce LIe
monLIIy suIes Income
und LIe number oI LIck-
eLs In sLuLe-run pupers
every monLI, suId Dr In
Aung. TIe process sLurLed
on AugusL 1.
PrIzes uncIuImed u
yeur uILer LIeIr unnounce-
menLs go Lo LIe govern-
menL us sLuLe Iunds, LIe
mInIsLer suId.
Revenue Irom LIe
monLIIy Iucky druw,
wIIcI seIIs more LIun o
mIIIIon LIckeLs Ior Koo
eucI, Is dIvIded beLween
wInners wIo receIve 6o
percenL oI LIe suIes wIIIe
sLuLe coers receIve qo
percenL.
TIe IoLLery sysLem Is seL
Lo be LrunsIormed InLo
un onIIne IoLLery sysLem,
or wIuL sLuLe uuLIorILIes
cuII 'e-IoLLery`, wIIcI wIII
see puper LIckeLs repIuced
wILI eIecLronIc ones. TIe
cIunge wIII be ImpIe-
menLed uILer u reIevunL
Iuw Is revIsed.
TIe MInIsLry oI Inunce
Is uIso seL Lo IncIude prI-
vuLe busInesses In LIe IoL-
Lery operuLIon. However,
LIe mInIsLry reserves LIe
rIgIL Lo IundIe LIe pro-
cess oI druwIng IoLLerIes
und uwurdIng prIzes.
A Iottery shop in Yangon.
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
10
Myanmar Summary
FM Baird Opens Canadian Embassy in Myanmar
Kyaw Min
C
unudIun oreIgn AI-
IuIrs MInIsLer JoIn
BuIrd IusL week In-
uuguruLed LIe CunudIun
embussy`s new cIuncery
In Myunmur`s commercIuI
cupILuI Yungon In u bId Lo
deepen engugemenL wILI
LIe LrunsIormIng SouLI-
eusL AsIun nuLIon.
TIe CunudIun embussy
wIII oer consuIur ser-
vIces, und pIuy u roIe In
sLrengLIenIng reIuLIons
beLween Cunudu und My-
unmur, purLIcuIurIy wILI
respecL Lo LIe promo-
LIon oI Iumun rIgILs, LIe
DepurLmenL Ior oreIgn
AuIrs, Trude und DeveI-
opmenL Cunudu suId In u
sLuLemenL.
Toduy Is u IIsLorIc
Iundmurk In LIe reIuLIons
beLween our Lwo coun-
LrIes, suId BuIrd.
TIe omcIuI openIng oI
LIIs embussy Is IILeruIIy u
concreLe expressIon oI LIe
ImporLunce LIuL we uLLucI
Lo our renewed reIuLIon-
sIIp wILI LIIs counLry.
BuIrd suId LIe embussy
openIng comes us purL oI
Cunudu`s desIre Lo pIuy
u more ucLIve roIe In con-
LInuIng Burmu`s LrunsIor-
muLIon.
Our engugemenL brIngs
Lo beur dIpIomucy, Lrude
und deveIopmenL, und
Iook Iorwurd Lo seeIng
progress In LIese ureus.
Cunudu suspended
some suncLIons uguInsL
Myunmur In AprII zo1z
- IoIIowIng BuIrd`s Iund-
murk vIsIL u monLI eurIIer
- In response Lo sweepIng
poIILIcuI und economIc re-
Iorms currIed ouL by Pres-
IdenL TIeIn SeIn sInce us-
sumIng power In zo11.
U TIunL Kyuw, depuLy
mInIsLer Ior IoreIgn uI-
IuIrs, und Murk McDoweII,
Cunudu`s umbussudor Lo
Myunmur, uIso Look purL In
LIe openIng ceremony.
DurIng LIe ceremony,
BuIrd unnounced LIuL
Cunudu wIII provIde new
IundIng Lo IocuI orgunIsu-
LIons Lo promoLe Ireedom
oI expressIon, peuce eI-
IorLs und democrucy und
LIe rIgILs oI GBT com-
munILy.
Cunudu wIII conLrIbuLe
$o,ooo Lo LIe Myunmur
Peuce CenLre, u IocuI non-
prohL orgunIsuLIon LIuL
Is supporLed by boLI LIe
governmenL oI Myunmur
und eLInIc groups. TIIs
conLrIbuLIon Is symboIIc
oI Cunudu`s desIre Lo uId
LIe governmenL und eLI-
nIc groups In movIng
Irom ceusehres Lo IusLIng
peuce, BuIrd suId.
BuIrd, wIo wus In My-
unmur Lo uLLend LIe
ASEAN-Cunudu MInIs-
LerIuI MeeLIng, suId LIe
nLernuLIonuI DeveIop-
menL MInIsLry oI Cunudu
Ius recognIsed Myunmur
us u mujor counLry Ior ILs
InLernuLIonuI ussIsLunce
progrum.
TIe CunudIun govern-
menL wIII uIso conLrIbuLe
$o,ooo Lo LIe Open My-
unmur nILIuLIve (OM),
wIIcI promoLes LIe rIgIL
Lo InIormuLIon, enguges
cILIzens In LIe purIIumen-
Lury process und supporLs
Iormer poIILIcuI prIson-
ers, und wIII gIve $1o,ooo
Lo supporL PEN Myunmur
In ILs work boLI Lo pro-
moLe Ireedom oI expres-
sIon und Lo muke cILIzens
more uwure oI speecI LIuL
cun IncILe InLoIerunce.
n u bId Lo supporL Ies-
bIun, guy, bIsexuuI und
Lrunsgender rIgILs, Cun-
udu wIII provIde $1o,ooo
Lo EquuIILy Myunmur und
CoIours Myunmur Lo Iund
u serIes oI pubIIc educu-
LIon und IeguI uwureness
evenLs LIIs yeur.
Cunudu und Myunmur
esLubIIsIed dIpIomuLIc
reIuLIons In 1q8, buL LIe
CunudIun embussy wus
sLuLIoned In TIuIIund ever
sInce. TIe NorLI AmerI-
cun counLry downgruded
ILs reIuLIons wILI
Myunmur In IuLe 1q88
und Imposed economIc
suncLIons, burrIng Lrude
wILI Myunmur und bun-
nIng vIsus Ior LIe LIen
IIgI-runkIng mIIILury oI-
hcIuIs.
Trude beLween LIe Lwo
counLrIes Is Iow, ubouL $q
mIIIIon unnuuIIy, uccord-
Ing Lo omcIuI hgures. My-
unmur exporLed muInIy
ugrIcuILuruI producLs Lo
Cunudu und ImporLed
consLrucLIon muLerIuIs
Irom Cunudu.
CunudIun InvesLmenL In
Myunmur umounLed Lo
$q1.88 mIIIIon In 16 pro-
jecLs us oI June, uccord-
Ing Lo DIrecLoruLe oI n-
vesLmenL und CompunIes
AdmInIsLruLIon. Cunudu
IeIped Myunmur buIId
LIe TIukeLu BrIdge In
souLIern Yungon cILy und
Yungon PuedIuLrIc HospI-
LuI In LIe 1q;os.
Indias ONGC Videsh
Signs Deal for Myanmar
Onshore Blocks
Aye Myat

ndIu`s sLuLe-run oII

und gus compuny
ONGC VIdesI Ld
(OV) suId IL Ius sIgned
ProducLIon SIurIng Con-
LrucLs (PSCs) Ior Lwo
bIocks In Myunmur.
TIe conLrucLs were
sIgned beLween OV,
Myunmur OII & Gus En-
LerprIses Ld (MOGE),
und LIe ndIun hrm`s Io-
cuI purLners NuLIonuI OII
Compuny oI Myunmur
und MucIIne & SoIuLIons
Co Ld (M&S).
ONGC VIdesI, wIIcI Is
LIe overseus urm oI n-
dIu`s peLroIeum expIorer
OII & NuLuruI Gus Ld
(ONGC), Iud purLIcIpuLed
In LIe Myunmur OnsIore
BIddIng Round IusL yeur,
und wus uwurded Lwo on-
sIore bIocks, Bz und EP-
, In OcLober zo1.
OV Ius purLIcIpuLIon
In projecLs In 16 coun-
LrIes IncIudIng BungIu-
desI, BruzII, CoIombIu,
ruq, KuzukIsLun, Ibyu,
MozumbIque, Myunmur,
RussIu, SouLI Sudun, Su-
dun, und VIeLnum.
TIe ndIun oII gIunL
Is currenLIy producIng
1;o,ooo burreIs oI oII und
oII equIvuIenL gus per duy
und Iud LoLuI oII und gus
reserves oI uround 6;
mIIIIon Lonne oI oII equIv-
uIenL (mmLoe) uL LIe end
oI MurcI.
Myanmar Summary
~ . e. . .:~.:~ .
..q,~.~_e.._ ONGC
Videsh Ltd ._ _.,.:.
~ .q, . . ~ ~ . . . . . ~ q,
~~~ .~.~.q...._
e .q._.
~. .|..:~ _ . .:..
~:. _.,.:~..q. _.,.:.q,
. .:~.:~ . . . , .
MOGE . ONGC Videsh
Ltd ~.e.. ~...:.
.q, ~ . ~ . _ ., .:. .
Machine & Solutions Co Ltd
~~_ ~:. .~.~.q..._..
_e. ._.
ONGC Videsh Ltd ._
~ . e. -_._ ..q, q:.e .q.
. . , ..:. ...: .,._
.~ , .~ . ~ ~. . _e. ._.
Germany Gives 4m for Vocational
Education in Myanmar
Wai Linn Kyaw
G
ermuny Ius pro-
vIded u grunL oI
Cq mIIIIon Ior up-
grudIng LIe vocuLIonuI
LruInIng InsLILuLe In SInde
In u bId Lo uIIuy LIe deurLI
oI skIIIed Iumun resourc-
es In Myunmur.
TIe grunL Iunds ure pro-
vIded Irom LIe budgeL oI
LIe Germun governmenL
Lo upgrude LIe InsLILuLe
wILI new LecInIcuI equIp-
menL und LruInIng muLe-
rIuIs us weII us LeucIers`
LruInIng.
TIe ndusLrIuI TruIn-
Ing CenLer In SInde In
Puduung LownsIIp, Bugo
regIon, wus one oI LIe hrsL
vocuLIonuI LruInIng In-
sLILuLes In Myunmur und
Iud uIreudy receIved us-
sIsLunce Irom LIe Germun
governmenL more LIun z
yeurs ugo.
oIIowIng LIe Iupse oI
suncLIons uguInsL Myun-
mur, LIe cenLre wus cIo-
sen Lo be LIe hrsL projecL
Lo uguIn receIve supporL
Irom LIe Germun govern-
menL.
U Tun Tun NuIng, dIrec-
Lor generuI oI LIe MInIsLry
oI NuLIonuI PIunnIng und
EconomIc DeveIopmenL,
U TIwIn MyInL Muung,
dIrecLor generuI oI LIe
MInIsLry oI ndusLry, und
CIrIsLIun RIcILer, coun-
Lry dIrecLor Lo Myunmur
oI Germun governmenL-
owned deveIopmenL bunk
KIW BunkIng Group,
sIgned LIe mpIemenLu-
LIon AgreemenL Ior LIe
projecL on AugusL 1q.
TIe need Ior quuIIhed
sLu Is IncreusIng uII over
Myunmur. BeLLer quuIIh-
cuLIon LIrougI empIoy-
menL udequuLe LruInIng
wIII uIIow LIe gruduuLes
Lo geL beLLer jobs und Lo
Increuse LIeIr Income,
CIrIsLIun RIcILer suId.
WILIouL upproprIuLe
quuIIhed sLu IocuI com-
punIes ure IImILed In IuIIy
LuppIng LIeIr poLenLIuI
und Lo be compeLILIve, es-
pecIuIIy In regurd Lo oLIer
compunIes In LIe ASEAN
regIon. Hence LIe Im-
provemenL oI vocuLIonuI
LruInIng In Myunmur wIII
uIso IeIp LIe counLry Lo
beLLer cope wILI LIe cIuI-
Ienges In LIe ASEAN re-
gIon, Ie udded.
BesIde KIW, LIe Ger-
mun Agency Ior nLernu-
LIonuI CooperuLIon (GZ)
Ius been provIdIng LecI-
nIcuI supporL Lo LIe In-
sLILuLe, wIIcI Is seen us
u ugsIIp oI cooperuLIon
beLween LIe counLrIes,
sInce IusL yeur.
TIe vocuLIonuI LruIn-
Ing InsLILuLe In SInde Is
LIe hrsL componenL oI un
even Iurger joInL progrum
by LIe Myunmur und Ger-
mun sIde.
n LIe second sLep
more vocuLIonuI LruInIng
scIooIs under LIe MInIs-
Lry oI ScIence und TecI-
noIogy wIII be upgruded
wILI modern LecInIcuI
equIpmenL und mucIIn-
ery, KIW suId.
Myanmar Summary
~.,.|. _ .:..q.~, _ ~ .
J ohn Baird ._ .,.._
q~ .~ .~ ~ _., .:. -
. .. :..q._. .~: q, ~ , ~
~.,.|..,...~ e..
.... ._ ._., .:. . ~.,.|
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.q._....q,. .~:..~,
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e..._.._e.._~:. ~.,.|
. _.:..q.. ~ , . e . _. ~
.q..q:_:,~ ._~_:.~
~_.,.._.
~_. ~.,.|._.:..q.
~,_~.~ e.~. .,.e..
._..._ ....~..q.
~~~ ...~~..~.~
_e.._~:. ._.:.._. .,.
e . . . ~ _. .~:._e ~.,.|
. ~.,_e _., .:. -_._.
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~~ ...~ ~.,.|._.:.
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~~ ... -_..~ _.,.:
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qqq,. ..~.q.._.....
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.,..:. q.~,.q, ~_
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:., ~. .q._ _., .:. -
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~ ._eq .. q, ~~ ~ . ~ _.
q .~ . . ~, ..~: .~:. e ,
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._ _ ., .:. :., . ...| .
..:q~.~ ~_~..:...
..: q ~ . ~. ~ ~. .~. .
._._e.._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
11
Telenor Seeks Myanmar Entrepreneurs to
Attend Youth Summit in Norway
N
orwegIun LeIecoms
hrm TeIenor suId
IL Is IookIng Ior Lwo
InnovuLIve young socIuI en-
Lrepreneurs Lo represenL
Myunmur uL LIe unnuuI
TeIenor YouLI SummIL.
TeIenor wIII IosL ILs un-
nuuI YouLI SummIL In
Norwuy`s cupILuI OsIo In
December.
TIe guLIerIng In Norwuy
wIII expIore Iow mobIIe
connecLIvILy und dIgILuI
communIcuLIon cun brIng
ubouL socIuI cIunge und
creuLe opporLunILIes Ior uII,
TeIenor suId.
We ure IookIng Ior Lwo
brIgIL enLrepreneurs Lo
represenL Myunmur und Lo
demonsLruLe Iow we cun
use dIgILuI communIcuLIons
und mobIIe connecLIvILy Lo
muke u posILIve cIunge,
suId PeLLer urberg, TeIenor
Myunmur CEO.
As we brIng mobIIe con-
necLIvILy Lo Myunmur In
SepLember, IL wIII open up
new possIbIIILIes und Ide-
us generuLed LIrougI LIe
YouLI SummIL cun gener-
uLe u IusLIng ImpucL Ior so-
cIeLy.
TIe hrm suId uppIIcunLs
musL be IocuI Myunmur,
be beLween 18-z yeurs
oId und cun enLer LIrougI
www.LeIenor.comJyouLI-
summIL. TIe LrIp Lo Nor-
wuy wIII be IuIIy sponsored
by TeIenor.
As TeIenor Is seL Lo be-
come LIe second InLer-
nuLIonuI LeIco operuLor
uILer QuLur`s Ooredoo In
Myunmur In SepLember,
Lwo purLIcIpunLs Irom LIe
Phyo Thu
Participants at Iast year`s TeIenor Youth Summit in Norway.
S
t
ia
n

B
r
o
c
h
/
T
e
le
n
o
r
counLry wIII Ior LIe hrsL
LIme be InvILed Lo LIe InLer-
nuLIonuI evenL.
TeIenor suId LIe summIL
brIngs LogeLIer young so-
cIuI enLrepreneurs Lo en-
guge wILI experLs, LIougIL
Ieuders und IeIIow Inno-
vuLIve und enguged youLI
Irom uround LIe gIobe und
IeIp LIem sIure Ideus und
dIscuss Iow mobIIe und
dIgILuI communIcuLIon cun
Improve IIves und Iuve u
LrunsIormuLIve power In
socIeLy.
Among LIe dIscussIons
IusL yeur, LIe MuIuysIun
purLIcIpunL Gwen YI dem-
onsLruLed Iow u mobIIe
upp wouId enubIe LIe sIur-
Ing oI InnovuLIve IeurnIng
LooIs und LIps umongsL
LeucIers, und Bojunu SLu-
jIc Irom SerbIu sIowed Ier
InnovuLIon Ior un upp LIuL
cun sIow IIsLorIcuI buIId-
Ings Irom LIe pusL Lo peo-
pIe wIen vIsILIng oId sILes.
TIe Myunmur uppIIcunLs
wIII be sIorLIIsLed bused
on LIeIr submIssIon essuy
und wIII LIen be InvILed Lo
purLIcIpuLe In u weekend
worksIop wILI ProjecL
Hub, LIe counLry`s hrsL
sLurL-up IncubuLor.
AL LIe worksIop, LIe h-
nuIIsLs wIII dIscuss LIeIr
Ideus und geL InpuL on Iow
Lo IurLIer deveIop LIem
wILI regurds Lo uLIIIsIng
LIe power oI mobIIe con-
necLIvILy.
oIIowIng LIe IncubuLIon
worksIop, LIe Lwo hnuIIsLs
wIII be cIosen by u SeIec-
LIon CommILLee consIsL-
Ing oI senIor TeIenor rep-
resenLuLIves sucI us CEO
PeLLer urberg, us weII us
key IocuI purLners ProjecL
Hub und MDO, LIe CT
Ior DeveIopmenL OrgunI-
zuLIon.
usL yeur`s TIuI purLIcI-
punL Onruvee Tungmee-
sung, wIo won Ier pIuce
Myanmar Summary
~e..,:._ ...~..
.~q._ Youth Summit
~:. _.,.:.~e.:._. ~~
.q:~ ._ ., ... ~ . q ..:
. . . .. :..q.. . , .q . e
. . .~ q :.e .~ q ._~: . . q
._.
~e . .,:._ .:._
. ~ :~ .,: .~.. -_.
.~: Oslo _._ ...~._
Youth Summit ~ ~..._
_e._.. ~e..,:....:..
~ _.,.:.._ .~~
:.. .~.|~.~:.__e.
_ _.,.:.. .e...~:.
e. ~ . . ~~:.~ . . ~
.. .. .~_~ . ~_e. e ~ _~:.
_.._e.._~:. .q._.
Youth Summit ._ ~,:~
.....:..q...,.q.:..
~_.:.e ~ _~:.:.._ .
~..... .,...~..
~~ _~. ~_._ ~~q ..:. e
.:.~_~:. .~........_e.
._. e..~..~ ...
~e .~ . e .q.,_ .._:.
..,.~~.~~.q.. ..
~..~~.e_e.._.:...
. . .~ ._ . ...~. . ._ .:.
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_e..|._.
.. :~ :.. . . :.._
~.~ ~ . . . . . ~~ .
q _.,.:..:._e.q.__e._..
www.telenor.com/ Youth
Summit .~.. ..:~:.
.._~:. .q_.. .,:.~..
.q .. ~. . . .~:. ~e . .,:.
~_ . _ ~~ . : ~ . . . .
.__e..|._.
_.,.:.. ~~.q:~..
.:.~ ,.~.q..:.~_...:
.:..:~. (submission essay)
~..' .~__ .,~:~.q.
.e . :.._ _e. _. . Project Hub
. .., ~,..~..,...
.. .. . ~~ .q:~ q, e ~ _~:.
.:..__e..|._.
uL LIe YouLI SummIL, wIII
uIso be on LIe puneI.
TIe summIL Is IosLed by
TeIenor Group`s PresIdenL
und CEO Jon redrIk Buk-
suus, und urrunged In coI-
IuboruLIon wILI LIe NobeI
Peuce CenLer. TIe evenL Is
In OsIo, Norwuy, Irom q-11
December, und coIncIdes
wILI LIe NobeI Peuce PrIze
IesLIvILIes LIe sume week.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
LOCAL BIZ
12
Myanmar to Formally Introduce E-Visa for Foreign Tourists
Kyaw Min
M
yunmur`s ImmI-
gruLIon uuLIorI-
LIes wIII IormuIIy
InLroduce onIIne eIecLron-
Ic (e)-vIsu Ior uII IoreIgn
LourIsLs sLurLIng SepL 1 In
u bId Lo boosL LourIsL ur-
rIvuIs In LIe counLry, LIe
MInIsLry oI mmIgruLIon
und PopuIuLIon suId on ILs
websILe Wednesduy.
TIe sysLem wIII ensure
LIuL uII LourIsLs desLIned
Lo Myunmur geL e-vIsu
wILIIn hve duys.
EurIIer In June, My-
anmar Business Today
reporLed LIuL LIe DepurL-
menL oI mmIgruLIon und
PopuIuLIon (DP) under
LIe mmIgruLIon MInIsLry
by LIIs yeur wIII ImpIe-
menL un E-VIsu sysLem
quoLIng u Lop omcIuI suId.
E-vIsu uppIIcuLIon sLurL-
ed on AugusL 1o on u LrIuI
busIs Ior u IImILed num-
ber oI uppIIcuLIons, suId
LIe websILe, InvILIng user
Ieedbuck durIng LIe LrIuI
perIod.
AccordIng Lo IoLeIs und
LourIsm uuLIorILIes, LIe
number oI LourIsL urrIv-
uIs uIreudy uLLuIned 1.z
mIIIIon In LIe hrsL hve
monLIs oI zo1q, wILI
mIIIIon beIng expecLed by
LIe yeur-end.
To meeL LIe growIng
number oI IoreIgn LourIsL
urrIvuIs, LIe governmenL
Ius been encourugIng Ior-
eIgn InvesLmenLs InLo LIe
IoLeI und LourIsm secLor.
TIe IuLesL omcIuI sLuLIs-
LIcs sIow LIuL LIere ure
over qoo IoLeIs, moLeIs
und Inns oI hve grudes
In Myunmur provIdIng
ubouL 8,;oo rooms.
OI LIe IoLeIs, z6 ure
IoreIgn-InvesLed, bused
muInIy In Yungon und
MunduIuy.
SInce LIe currenL quusI-
cIvIIIun governmenL Look
omce In zo11, LourIsL ur-
rIvuIs In Myunmur sIoL
up Lo 1.o6 mIIIIon In zo1z
The Freight Co Ltd
Myanmar
Introduces Barge
Service
Aye Myat
T
Ie reIgIL Co Ld
Myunmur suId IL
Ius sLurLed u burge
servIce beLween TIuI-
Iund`s Runong provInce
und Yungon.
TIe burge servIce op-
eruLed by ConsoIIduLed
Heuvy IIL SIngupore
wIII sLurL operuLIon In LIe
mIddIe oI SepLember, LIe
IogIsLIcs servIces hrm,
wIIcI Is u subsIdIury
oI TIuIIund-bused TIe
reIgI Co Ld, suId.
TIe burge servIce Is prI-
murIIy LurgeLIng LIe oII,
gus, power, sLeeI, mInIng
und consLrucLIon Indus-
LrIes.
TIe hrm suId IL cun uIso
provIde servIces In cousL-
uI ureus und osIore pIuL-
Iorms us weII us uprIver
In Myunmur`s wuLerwuys,
subjecL Lo druIL condI-
LIons.
The Frei ght Co.,L td
_., .: . ~ ._~ ._~. .q.~:~:
..:.._ .:._ .~~
:.~. q~ ., . .~ _
~.~.q:,.-~: (E-Visa)
.,.~ ._.:..:.~.:._
.q .._ .:.~~ ~ .~ ~ . .
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Myanmar Summary
Myanmar Summary
Myanmar ._ .. q.,: .
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Myanmar, FNF to Draw Strategic
Plan for SME Development
Zwe Wai
M
yunmur Is pIun-
nIng Lo creuLe u
sLruLegIc pIun Ior
LIe deveIopmenL oI smuII
und medIum enLerprIses
(SMEs) wILI LIe IeIp oI
u Germun IounduLIon, uc-
cordIng Lo LIe MInIsLry oI
ndusLry.
Under u memorundum
oI undersLundIng (MoU)
beLween LIe DIrecLoruLe
oI ndusLrIuI SupervIsIon
und nspecLIon (DS) oI
LIe mInIsLry und LIe rIe-
drIcI Nuumunn oun-
duLIon (N), LIe pIun
covers cupucILy buIIdIng,
IoIdIng oI worksIops und
conIerences, sLudy Lours
und dIssemInuLIon oI
knowIedge ubouL demo-
cruLIc reIorm process.
n Muy LIIs yeur, under
u governmenL-Lo-govern-
menL uId progrum, Ger-
mun nLernuLIonuI Co-
operuLIon ussIsLed LIree
Myunmur prIvuLe bunks
In Lerms oI hnuncIuI LecI-
nIques Ior LIe deveIop-
menL oI counLry`s SMEs.
TIe uId progrum runs
Irom MurcI zo1q Lo Sep-
Lember zo1.
oIIowIng LIe hrsL My-
unmur-Germun BusIness
orum In ebruury, IeId
on LIe occusIon oI Ger-
mun PresIdenL JoucIIm
Guuck` s sLuLe vIsIL Lo
Myunmur, busInessmen
Irom LIe Lwo counLrIes
Iuve sIown sLrong InLer-
esL In promoLIng bIIuLeruI
Lrude und InvesLmenL.
AccordIng Lo omcIuI
sLuLIsLIcs, LIe number
oI SMEs In Myunmur
reucIed 1z6,z;, or qq.q
percenL oI LIe LoLuI num-
ber oI IndusLrIes ucross
LIe counLry.
Myunmur`s IndusLrIuI
secLor conLrIbuLes ubouL
zo percenL Lo ILs gross do-
mesLIc producL, wILI prI-
vuLe secLor uccounLIng Ior
qz.6 percenL.
SLuLIsLIcs sIow LIuL bI-
IuLeruI Lrude beLween
Myunmur und Germuny
reucIed $1z.6 mIIIIon
In LIe hscuI yeur zo1-1q.
Germuny`s ImporL Irom
Myunmur LoLuIIed $qo.6
mIIIIon wIIIe ILs exporL Lo
LIe SouLIeusL AsIun nu-
LIon sLood uL $8.zq mII-
IIon.
Germuny`s InvesLmenL
In Myunmur reucIed
$1;. mIIIIon us oI June
zo1q sInce Myunmur
sLurLed Lo uLLrucL sucI In-
vesLmenL In IuLe 1q88.
und z.oq mIIIIon In zo1.
Among LIe IoreIgn vIsI-
Lors, LIose Irom AsIu uc-
counL Ior ubouL ;o per-
cenL; wIIIe LIe resL ure
Irom Europe, AmerIcu,
AIrIcu und LIe MIddIe
EusL, hgures sIow.
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Myanmar Summary
Tourists at Yangon Bomestic Airport`s departure Iounge.
S
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
REGIONAL BIZ
13
Myanmar Summary
Challenges Lie Ahead of Widodos Presidency
Gordon Wong
J
oko WIdodo, ndo-
nesIu`s presIdenL-
eIecL wIo secured u
nurrow eIecLoruI vIcLory
IusL monLI, Is munduLed
Lo revIve LIe economy oI
LIe IourLI mosL popuIous
counLry In LIe worId.
AmongsL IIs prIorILIes,
LIe mosL urgenL one Is uc-
knowIedged Lo be cuLLIng
LIe ever-IncreusIng IueI
subsIdy, wIIcI Is esLImuL-
ed Lo be over $z1 bIIIIon
LIIs yeur by LIe nLernu-
LIonuI Energy Agency.
TIe budgeL Is LIe bIg-
gesL probIem Ior Mr
WIdodo und Ie wIII Iuve
Lo cuL LIe IueI subsIdy In
IIs hrsL 1oo duys, Ruden
Purdede, un economIc
udvIser Lo LIe IncumbenL
PresIdenL SusIIo Bum-
bung YudIoyono, LoId LIe
InuncIuI TImes.
BuIIoonIng IueI subsIdy
bIII worsens LIe govern-
menL`s hscuI posILIon und
dIverLs Iunds Irom essen-
LIuI InvesLmenLs. n Lurn,
LIIs couId Lurn ndonesIu`s
buck on IoreIgn InvesLors.
WIdodo Ius endorsed
LIe need Lo cuL unIversuI
IueI subsIdy und dIrecL IL
Lo LIe poor peopIe. L re-
muIns Lo be seen wIeLIer
LIe JukurLu governor cun
munuge Lo reIorm LIe
subsIdy pIun on one Iund,
und uvoId pubIIc dIscon-
LenL urIsIng Irom u IIgIer
cosL oI IIvIng on LIe oLIer.
n LIe Iong Lerm, Iow-
ever, II WIdodo were Lo
resLore IIgI growLI Lo
ndonesIu, Ie wouId need
Lo ImpIemenL sLrucLuruI
reIorms, us Ie Ius uIso
ucknowIedged In un InLer-
vIew wILI ReuLers.
DespILe beIng u nuLIon
oI IsIunds, ndonesIu Ius
ILs porL InIrusLrucLure
runked 1oqLI ouL oI 1q
counLrIes by LIe WorId
EconomIc orum, even
worse LIun IundIocked
ZImbubwe. As In muny
oLIer SouLIeusL AsIun
economIes, rouds und
eIecLrIcILy ure under-
deveIoped. n educu-
LIon, over ; percenL oI
1-yeur-oId ndonesIuns
were judged noL Lo know
enougI muLI or scIence
Lo IuncLIon In u modern
economy, bused on LIe
resuILs oI InLernuLIonuIIy
sLundurdIsed LesLs con-
ducLed In zo1z.
MosL economIsLs ugree
LIuL LIe IIgI-cIuss In-
IrusLrucLure und quuIILy
educuLIon deLermIne LIe
Iong-Lerm growLI ruLe oI
un economy. Trunsnu-
LIonuI corporuLIons uIso
Luke uccounL oI LIese Iuc-
Lors beIore mukIng Ior-
eIgn dIrecL InvesLmenL
(D) - one dIrecL wuy
oI hnuncIng ndonesIu`s
deLerIoruLIng currenL uc-
counL dehcIL.
WILIouL upgrudIng LIe
counLry`s InIrusLrucLure
und educuLIon, eorLs
Lo move ndonesIu up In
LIe gIobuI suppIy cIuIn
ure IIkeIy Lo be In vuIn. A
recenL bun on exporLs oI
ruw mIneruIs serves onIy
Lo LrIgger mIne cIosures
und unempIoymenL, us
BIoomberg reporLs. TIe
desIred eecL oI deveI-
opIng IIgI vuIue-udded
mIne processIng IndusLry
Ius yeL Lo muLerIuIIse. A
more sensIbIe LucLIc muy
be Lo provIde IncenLIves
Ior IoreIgn hrms Lo seL up
joInL venLures wILI IocuI
compunIes, so LIuL Ieurn-
Ing by doIng Is possIbIe
Ior IocuI peopIe.
WIdodo musL uIso Ieurn
Lo be perceIved noL onIy
us u cun-do LecInocruL
buL us u skIIIuI poIILIcIun.
WILI IIs couIILIon uc-
counLIng Ior onIy ; per-
cenL oI seuLs In LIe House
oI RepresenLuLIves, und
InLernuI dIsugreemenLs
persIsLIng wILIIn IIs own
purLy, Ie sIouId ucLIveIy
munoeuvre Lo muke deuIs
wILI IIs purLy members
und LIose In couIILIon,
possIbIy LIrougI uppoInL-
menL oI cubIneL mInIsLers
- und Ie Ius remurked
LIuL zo percenL oI LIe
posILIons ure uvuIIubIe Lo
sucI puLronuge.
PurudoxIcuIIy, WIdodo
wouId be recommend-
ed Lo LuckIe puLronuge
LIrougI governmenL re-
Iorms II Ie InLended Lo
muxImIse IIs ImpucL.
EIIzubeLI PIsunI recenLIy
pubIIsIed un urLIcIe In
oreIgn AuIrs, urguIng
LIuL excessIve decenLruII-
suLIon Is LIe rooL oI muny
oI ndonesIu`s sLrucLuruI
probIems. PuL sImpIy,
ndonesIu Is dIvIded InLo
Loo muny powerIuI mIcro-
dIsLrIcLs, eucI oI wIIcI
Ius ILs own depurLmenLs
oI IeuILI, educuLIon und
Ience puLronuge. TIey
ure Iur Loo smuII Lo secure
bIg InvesLmenLs (sucI us
uIrporLs), yeL Iur Loo bIg Lo
Inuence poIIcy-mukIng:
LIe empIusIs on IocuI poI-
ILIcs dIsregurds nuLIonuI
pIunnIng und IrugmenLs
purLy poIILIcs - LIIs Is
LIe sLrucLuruI reuson wIy
WIdodo IuIIs Lo secure u
mujorILy Ior IIs umbILIous
ugendu.
TIe ndonesIu rupIuI
reucIed u Lwo-monLI
IIgI rIgIL uILer WIdodo`s
vIcLory wus unnounced.
TIIs IndIcuLes LIuL Inves-
Lors pIuce IIgI Iope on
Indonesian presidentiaI candidate ]oko '`]okowi`` Widodo sits on a bench whiIe waiting for the announcement of the resuIts from the EIec-
tions Commission at Waduk PIuit in ]akarta.
B
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R
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t
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r
s
IIs revIvuI pIuns. WIeLIer
LIe ruIIy couId IusL, Iow-
ever, depends on WIdo-
do`s couruge und skIIIs Lo
pursue IIs umbILIous II
noL uggressIve ugendu.
_. .. ._ . ~ . , .q:..q .
.~:~ . ~ . ~,_ .e _e
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.~~...q~.:...._e.
..: ~.,.q:.- ...:..q.
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q~e ~:~,q.:._.
, .- ..:.....:.~,~ .
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~...: e...~ ..'.:
~ . e q .:._ e ., . ,.
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:...: ._ . .:~ . ._~.
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_..._~: .-..~,..~
.q : . . ._ .:.. ._ ~
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~ . . ~.,_ e .qq _ ~
~.,.q:.-._.,.:e_e..
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e ._ .. .,. ~~ ._. . . .:.
_...q, .~.~: ,.~e
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. _ ~ ._ e. . ~.:. ~. :
...:..q._.:.- ~..~
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~..: ~~ ~.q:~q.,
._ . .. ..:.. .. .. .:~
~:._e,_e...:._. ...:~
. : .e_e....... ._:.q.~
._. ~ ..~qe ~.,.q:.
.~:..:. q:..,..:
..~ ..'. .. :..q.~ ~ .q:~
..~.q, ...:~..:
..:. ..~~ ~~._.:~
_...q._~:. .q._.
~ . . ~.,_e _.~ _.~ .:.
.:.. . ~ . ._ e~ . ~_ e.
.:.~ .q e:e _~e ..:.
.q...:.~_ e. ._ . ..:
q~.q,.~.._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
REGIONAL BIZ
14
Food And Flirting; How Firms Learn to Live
With China Antitrust Raids

n LIe eurIy uILernoon

oI AugusL q, Len men
In suILs und cusuuI
busIness weur burged InLo
u busy omce uL Mercedes-
Benz`s eusL CIInu suIes
omce, neur SIungIuI`s
HongqIuo InLernuLIonuI
uIrporL.
PeopIe were sLurLIng u
new week und were jusL
buck Irom IuncI, wIen
LIe men urrIved, suId u
person IumIIIur wILI LIe
scene. TIey dIdn`L Iuve
LIe sIIgILesL Ideu LIey were
comIng Lo rIp LIe omce
upurL und quesLIon peo-
pIe Ior duLu und InIormu-
LIon Ior LIe nexL 1o Iours,
Ie suId, uddIng LIe men
were unLILrusL InvesLIgu-
Lors Irom CIInu`s NuLIonuI
DeveIopmenL und ReIorm
CommIssIon (NDRC).
SucI US und Europeun-
sLyIe duwn ruIds Iuve
become u powerIuI weupon
Ior CIInu`s IncreusIngIy ug-
gressIve unLILrusL enIorce-
menL ugencIes, LIe NDRC
und LIe SLuLe AdmInIsLru-
LIon Ior ndusLry und Com-
merce (SAC), uIIowIng
LIem Lo seIze evIdence LIuL
Michelle Price &
Norihiko Shirozu
muy uId brouder probes
InLo unLILrusL vIoIuLIons or
corrupLIon.
SeveruI mujor IoreIgn
compunIes Iuve been
ruIded In recenL monLIs -
Irom cur und drugs mun-
uIucLurers Lo LecInoIogy
hrms sucI us US soILwure
gIunL MIcrosoIL Corp - us
CIInu sLeps up enIorce-
menL oI u zoo8 unLI-mo-
nopoIy Iuw.
TIe ruIds Iuve spuwned
u coLLuge IndusLry In pre-
purIng muILInuLIonuI
compunIes on some bu-
The Chinese nationaI Hag is raised in front of the Shanghai No.1 Intermediate PeopIe`s Court in Shang-
hai.
F
r
e
d
e
r
ic

J

B
r
o
w
n
/
G
e
t
t
y

I
m
a
g
e
s
sIc dos und don`Ls In LIe
evenL oI u surprIse vIsIL.
CompunIes ure gIvIng
sLu prucLIcuI coucIIng,
IncIudIng IoIdIng mock
ruIds, und brIngIng In Ie-
guI experLs Lo LruIn LIem
on Iow Lo IundIe InLense,
on-LIe-spoL quesLIonIng,
negoLIuLe cuILuruI IurdIes,
und muke conLIngency
urrungemenLs Lo source
emergency IeguI udvIce.
We`re seeIng un In-
creuse In LIe sopIIsLIcu-
LIon oI LIe enIorcemenL
ugencIes, und personneI,
suId Murc WuIu, u purL-
ner In LIe unLILrusL pruc-
LIce uL Iuw hrm NorLon
Rose uIbrIgIL In Hong
Kong.
TIey`ve spenL u IoL oI
LIme wILI oLIer ugencIes
In Germuny und Europe
IeurnIng ubouL conducL-
Ing InvesLIguLIons und LIe
vuIue oI onsILe Inspec-
LIons. TIuL`s wIy we`re
seeIng more ucLIve en-
IorcemenL.
Wi ld West
CompunIes operuLIng In
CIInu Iuve Iew rIgILs wILI
respecL Lo duwn ruIds, und
Iuws ubouL wIuL evIdence
cun be seIzed - sucI us
orIgInuI documenLs und
hIes ruLIer LIun copIes -
ure umbIguous.
CrILIcuIIy, IeguI prIvI-
Iege, wIIcI In LIe UnILed
SLuLes und Europe pro-
LecLs communIcuLIon be-
Lween u compuny und ILs
IeguI udvIser und Is regu-
IurIy used Lo wILIIoId
evIdence, Is generuIIy noL
recognIsed In CIInu.
n CIInu, LIere`s very
IILLIe guIdunce ouL LIere,
IL`s mucI more WIId WesL
becuuse IL`s uII so new,
suId Murk JepIcoLL, Ieud
oI LIe AsIu compeLILIon
prucLIce uL HerberL SmILI
reeIIIIs In Hong Kong.
RuIds LypIcuIIy InvoIve
1o-o unLILrusL ugency
omcIuIs urrIvIng unun-
nounced uL u compuny`s
premIses, usuuIIy eurIy
In LIe mornIng, und
seurcIIng desk druwers,
compuLers, hIes, Iockers,
suIes und even veIIcIes,
Iuwyers IumIIIur wILI LIe
process suId.
RuIds by unIIormed
SAC omcIuIs ure gener-
uIIy regurded us reIuLIveIy
Myanmar Summary
Thui Consomer Condence
Index Hits 11-Month High
Kitiphong
Thaichareon
A
unIversILy`s Index oI
TIuI consumer con-
hdence rose Ior LIe
LIIrd monLI In JuIy, sug-
gesLIng domesLIc demund
mIgIL be ImprovIng uILer
LIe urmy seIzed power und
pIedged Lo hx un economy
buLLered by proIonged po-
IILIcuI LensIons.
TIe consumer conh-
dence Index oI LIe UnIver-
sILy oI LIe TIuI CIumber oI
Commerce rose Lo ;8.z In
JuIy, LIe IIgIesL IeveI sInce
AugusL zo1. or June, LIe
number wus ;.1.
TIe urmy seIzed pow-
er on Muy zz. TIrougI
AprII, LIe Index IeII 1
sLruIgIL monLIs, reucI-
Ing u LrougI oI 6;.8. rom
November, LIe decIInes
were IueIIed by monLIs
oI someLImes vIoIenL po-
IILIcuI crIsIs, wIIcI IurL
consumpLIon, InvesLmenL
und LourIsm.
Consumer conhdence
pIcked up due Lo LIe sLu-
bIe poIILIcuI sILuuLIon,
TIunuvuLI PIonvIcIuI, un
economIcs proIessor uL LIe
unIversILy, LoId u brIehng.
Conhdence Is expecLed
Lo Improve sLeudIIy, wILI
consumpLIon LIe key eco-
nomIc drIver In LIe sec-
ond IuII.
TIuIIund`s economy,
SouLIeusL AsIu`s second
bIggesL, conLrucLed z.1
percenL In Junuury-MurcI
Irom LIe IusL LIree monLIs
oI zo1 und o.6 percenL
Irom u yeur eurIIer.
ExporLs, equIvuIenL
Lo more LIun IuII oI LIe
economy, Iuve Iong been
sIuggIsI, wIIIe ImporLs
Iuve sIumped und IucLory
ouLpuL Ius IuIIen Ior more
LIun u yeur, sIowIng LIuL
pIIIurs oI LIe economy ure
sIuky. Reuters
Singapore Sees Growth as Much as
3.5pc as Lee Reviews Strategies
Sharon Chen
S
Ingupore PrIme
MInIsLer ee HsIen
oong nurrowed LIe
governmenL`s IorecusL
Ior economIc growLI LIIs
yeur und suId LIe counLry
musL revIew ILs sLruLegIes
us ILs needs evoIve.
TIe SouLIeusL AsIun
nuLIon`s growLI domes-
LIc producL wIII probubIy
expund z. percenL Lo .
percenL LIIs yeur, ee suId
In u LeIevIsed messuge.
TIe runge Is nurrower
LIun u prevIous predIc-
LIon oI z percenL Lo q per-
cenL. TIe economy grew
. percenL In LIe hrsL
IuII, LIe Ieuder suId.
We musL keep up LIIs
growLI over LIe nexL dec-
ude Lo IeIp you Improve
your IIves, suId ee, 6z.
We ure now uL u IIgIer
IeveI, Irom wIIcI we cun
scuIe new IeIgILs. Hence
we musL reussess our
posILIon, revIew our dI-
recLIon, und reIresI our
sLruLegIes.
ee, son oI LIe nuLIon`s
hrsL prIme mInIsLer, Is
guIdIng LIe cILy-sLuLe
LIrougI u 1o-yeur pIun Lo
resLrucLure LIe economy
LIuL IncIudes reducIng u
reIIunce on cIeup IoreIgn
Iubor und boosLIng pro-
ducLIvILy.
TIe IsIund murked qq
yeurs oI nuLIonIood on
AugusL 8 wILI un unnu-
uI purude wIere guesLs
IncIuded qo-yeur-oId ee
Kuun Yew, wIo guIded
SIngupore Irom Inde-
pendence Lo ILs emer-
gence us SouLIeusL AsIu`s
onIy udvunced economy.
HuvIng buIIL ILs econo-
my on u busIness-IrIendIy
envIronmenL und sLrIcL
Iuws In LIe pusL decudes,
SIngupore Ius Increused
supporL Ior cILIzens In
recenL yeurs us LIe nu-
LIon udjusLs Lo un ugIng
popuIuLIon und LIgILer
Iubor suppIy. TIe govern-
menL Ius uIso sLepped up
eorLs Lo Iure new Indus-
LrIes sucI us reseurcI und
deveIopmenL und cusI-
nos. Bloomberg
proIessIonuI, wIIIe LIe
NDRC und IocuI DeveIop-
menL und ReIorm Com-
mIssIons cun be more
Ieuvy-Iunded und oILen
urrIve In pIuIn cIoLIes,
LIey suId. Reuters
Myanmar Summary
Myanmar Summary
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
REGIONAL BIZ
15
Myanmar Summary
China Has Over 150 Economic
Fugitives in US, Daily Says
M
ore LIun 1o
peopIe suspecL-
ed oI economIc
crImes Irom CIInu re-
muIn uL Iurge In LIe U.S.,
CIInu DuIIy suId yesLer-
duy, us omcIuIs pIedge
Lo sLep up eorLs Lo IunL
down LIose wIo Luke LIeIr
III-goLLen guIns ubroud.
MosL oI LIose wIo ed
Lo LIe U.S. ure omcIuIs
IucIng corrupLIon cIurges
uL Iome, LIe CIInu DuI-
IyreporLed, cILIng Iuo
JInrong, dIrecLor generuI
oI LIe nLernuLIonuI Co-
operuLIon Bureuu oI LIe
MInIsLry oI PubIIc Secu-
rILy. TIe U.S. Ius become
LIe Lop desLInuLIon Ior so-
cuIIed economIc IugILIves
Irom CIInu becuuse LIe
Lwo counLrIes don`L Iuve
un exLrudILIon LreuLy und
IengLIy IeguI procedures
muke IL dImcuIL Lo brIng
LIem buck Lo CIInu, LIe
newspuper cILed Iuo us
suyIng.
CIInese Ieuders Iuve
escuIuLed u cumpuIgn
uguInsL gruIL, unnouncIng u
probe InLo Iormer securILy
cIIeI ZIou Yongkung IusL
monLI. TIe unLI-corrup-
LIon cumpuIgn, begun uILer
PresIdenL XI JInpIng Look
over LIe CommunIsL PurLy
In zo1z, won`L sLop wILI
ZIou, u commenLury In
LIe omcIuI PeopIe`s DuIIy
newspuper suId JuIy zq.
n Junuury, Wung QIs-
Iun, LIe Ieud oI CIInu`s
unLI-gruIL wuLcIdog,
demunded new eorLs
Lo cIuse down omcIuIs
suspecLed oI economIc
crImes wIo ee ubroud. A
depurLmenL wus creuLed
Ior LIuL purpose weeks
uILer CIInu`s PubIIc Secu-
rILy MInIsLry begun un op-
eruLIon numed ox HunL
zo1q Lo Lruck sucI IugI-
LIves. Bloomberg
Indians Flaunt Four-Year-Old
iPhones as Apple Builds Appeal
A
ppIe nc, wIIcI
Ius sLruggIed In
emergIng murkeLs
becuuse oI LIe prIce oI
ILs new IPIones, Ius de-
vIsed u sLruLegy Ior ndIu
LIuL`s sLurLIng Lo puy o:
L`s pusIIng oIder modeIs
LIuL oer cucIeL uL uord-
ubIe prIces.
TIe IPIone q, wIIcI wus
reIeused In LIe US In June
zo1o, Is sLIII uvuIIubIe. So
Is LIe IPIone qs LIuL wenL
on suIe In OcLober zo11.
You uunL un IPIone,
buL you don`L uunL un
AndroId, suId PunIL
MuLIur, u qz-yeur-oId
vIce presIdenL oI u dIgI-
LuI medIu compuny wIo
swILcIed Lo u new IPIone
qs Irom u Nexus q.
An IPIone s LIuL wouId
cosL ,oo rupees ($8;q)
Is Loo expensIve, buL LIe
qs Is sLIII un upgrude, Ie
suId.
AppIe doubIed suIes In u
murkeL growIng IusLer LIun
CIInu und LIe US us IL LrIes
Bianca VzquezToness
Lo cIose LIe gup wILI Sum-
sung EIecLronIcs Co und
domesLIc mukers MIcro-
mux nIormuLIcs Ld und
Kurbonn MobIIes ndIu.
TIe sLruLegy Is crILIcuI
Lo AppIe`s success In u
nuLIon wIere Lwo-LIIrds
oI LIe popuIuLIon IIve on
Iess LIun $z u duy - und IL
muy become u modeI Ior
oLIer emergIng counLrIes.
Once AppIe Ius IuIIy
proven LIIs modeI In ndIu,
you`re goIng Lo see LIem
roII IL ouL Lo oLIer mur-
keLs, suId Ken Hyers, un
unuIysL wILI SLruLegy Anu-
IyLIcs In NorLI CuroIInu.
PurLIcuIurIy BruzII,
RussIu, ndonesIu, LIe
oLIer Iurge emergIng
murkeLs wIere LIey wunL
Lo guIn murkeL sIure.
CompeLILIon In ndIu
Is InLensIIyIng. XIuomI
Corp, LIe Iour-yeur-oId
compuny LIuL ouLseIIs
AppIe In CIInu by oer-
Ing InexpensIve devIces
wILI IIgI-end IeuLures,
begun oerIng ILs MI
mobIIes In ndIu uL 1,qqq
rupees on IIpkurL.com.
n LIree IImILed onIIne
suIes, ,ooo pIones
were bougIL wILIIn mIn-
uLes.
AppIe Ius IIsLorIcuIIy
used LIe sLrengLI oI ILs
brund Lo Iure consumers
InsLeud oI prIce. How-
ever, ILs success sLems In
purL Irom currIers LIuL oI-
Ier dIscounLed devIces or
uIIow consumers Lo puy
Ior u mobIIe pIone over u
muILI-yeur conLrucL.
AppIe Ius sLurLed Lo
undersLund ndIu Is u
more prIce-sensILIve mur-
keL, suId KuLyuyun Gup-
Lu, un unuIysL uL orresLer
ReseurcI nc In New
DeIII. ndIuns wunL Lo
sIow LIeIr sLuLus, so peo-
pIe wunL AppIe. L doesn`L
muLLer II IL`s u Lwo-yeur-
oId pIone. L`s un AppIe.
Bloomberg
Myanmar Summary
A customer checks out an iPhone 4 at an event in India.
A
P
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iPhones ~...:.-....,.
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.:.:_e~,._.q:..._
-e:_e ~.._e..:._~:.
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.,:~.~ . ..:~~ . ~ .:.
.~~e~.q....~.: ~e,
~,.._. ._.. .~.~
..: q ~ . :.._ e . q._ .
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INTERNATIONAL BIZ
16
Myanmar Summary
GlaxoSmithkline Faces Fresh Drug Bribery Claims in Syria
G
I uxoSmI L IKI I ne
Iuces new uIIegu-
LIons LIuL IL brIbed
SyrIun docLors und om-
cIuIs Lo boosL suIes oI ILs
medIcInes, IoIIowIng re-
cenL uccusuLIons oI cor-
rupLIon In ILs non-pre-
scrIpLIon busIness In LIe
counLry.
TIe IuLesL cIurges ure
IuId ouL In un unonymous
emuII senL Lo LIe com-
puny`s Lop munugers IusL
week und seen by ReuLers.
GSK - one oI LIe Iew bIg
hrms sLIII suppIyIng drugs
In SyrIu - suId IL wouId In-
vesLIguLe LIe new cIuIms
InvoIvIng ILs own sLu und
IocuI dIsLrIbuLors.
TIe compuny udded IL
Iud suspended reIuLIons
wILI ILs SyrIun dIsLrIbu-
Lors pendIng resuILs oI LIe
probe.
TIe uLLuck on LIe drug-
muker`s eLIIcuI sLundurds
IoIIows u serIes oI sImIIur
brIbery cIuIms uguInsL LIe
compuny In CIInu, ruq,
Jordun, ebunon und Po-
Iund.
ReuLers IusL monLI re-
porLed uIIeguLIons oI cor-
rupLIon In GSK`s SyrIun
consumer busIness, wIIcI
seIIs producLs IncIudIng
LooLIpusLe und puInkIII-
ers. TIe consumer operu-
LIon wus cIosed In zo1z
Ben Hirschler
due Lo LIe worsenIng cIvII
wur In LIe counLry.
TIe SyrIun prescrIpLIon
pIurmuceuLIcuIs busI-
ness remuIns operuLIonuI,
Iowever, und GSK suId
IL wus commILLed Lo sup-
pIyIng suIe und eecLIve
drugs und vuccInes Lo pu-
LIenLs In need.
TIe new corrupLIon
cIuIms InvoIve uIIeged
brIbes puId Lo boosL suIes
oI vurIous medIcInes, In-
cIudIng ones Lo LreuL cun-
cer und Lo prevenL bIood
clots.
AII LIe cIuIms In LIIs
emuII wIII be LIorougIIy
InvesLIguLed usIng InLer-
nuI und exLernuI resourc-
es us purL oI our ongoIng
InvesLIguLIon InLo op-
eruLIons In SyrIu, suId u
spokesmun Ior BrILuIn`s
bIggesL drugmuker.
We ure commILLed Lo
LukIng uny dIscIpIInury
ucLIons resuILIng Irom LIe
hndIngs. We Iuve sus-
pended our reIuLIonsIIp
wILI our dIsLrIbuLors In
LIe counLry pendIng LIe
ouLcome oI our InvesLIgu-
LIon.
TIe cIuIms oI corrup-
LIon In LIe counLry In-
voIve reIuLIveIy smuII
sums oI money, runnIng
InLo LIousunds oI doIIurs
ruLIer LIun LIe Iundreds
oI mIIIIons LIuL GSK Is uI-
Ieged Lo Iuve IunneIIed
Lo docLors und omcIuIs In
CIInu.
GSK`s busIness In SyrIu
Is smuII, wILI suIes oI Iess
LIun 6 mIIIIon pounds
($1o mIIIIon) u yeur,
uguInsL u group Lurnover
oI z6. bIIIIon pounds In
zo1.
NoneLIeIess, LIe per-
sIsLenL nuLure oI LIe uIIe-
guLIons ure dumugIng Lo
LIe compuny`s repuLuLIon
und uIso Ieuve IL open Lo
IeguI ucLIon und poLenLIuI
hnes In BrILuIn, wIere IL
Is bused, und In LIe UnIL-
ed SLuLes, wIere IL Ius u
sLock murkeL IIsLIng.
Reputati onal damage
TIe Aug. 6 emuII Irom
u person IumIIIur wILI
GSK`s SyrIun operuLIons
suId LIe uIIeged brIbes In
ILs pIurmuceuLIcuIs busI-
ness Look LIe Iorm oI
cusI, LrIps und Iree medI-
cuI sumpIes.
GSK Ius been engugIng
In muILIpIe corrupL und
IIIeguI prucLIces In con-
ducLIng ILs pIurmuceu-
LIcuI busIness In SyrIu,
uccordIng Lo LIe IengLIy
emuII uddressed Lo CIIeI
ExecuLIve Andrew WILLy
und Judy ewenL, cIuIr oI
GSK`s uudIL commILLee.
TIe emuII cILed numes
und duLes oI uIIeged IIIIcIL
puymenLs, IncIudIng LIe
cuse oI u SyrIun docLor
wIo personuIIy receIved
beLween $zoo und $oo
u monLI In Iree sumpIes
In excIunge Ior orderIng
GSK drugs Ior IIs IospILuI
und rejecLIng rIvuI ones.
TIe emuII uIso uccused
LIe compuny oI brIbIng
omcIuIs uL SyrIu`s MIn-
IsLry oI HeuILI Lo obLuIn
vuccInes Ior IIIeguI resuIe
und suId LIe compuny Iud
sLored LIem In un unup-
proved IucIIILy. Reuters
OECD Sees Stable Momentum Among Major
Economies, Germany Losing Steam
G
rowLI momenLum
In mosL mujor de-
veIoped economIes
Is sLubIe uILIougI Germuny
und Jupun boLI sIow sIgns
oI IosIng sLeum, LIe OECD
suId IusL week, us IL ugged
u Lurnuround In growLI
prospecLs Ior ndIu.
TIe PurIs-bused Or-
gunIsuLIon Ior EconomIc
CooperuLIon und DeveI-
opmenL suId ILs IeudIng
IndIcuLor coverIng
member counLrIes wus
uncIunged In June uL
1oo., ubove ILs Iong-Lerm
uveruge oI 1oo.
TIe IndIcuLor, desIgned
Lo ug LurnIng poInLs In
LIe economIc cycIe, sug-
gesLed LIere wus sLubIe
growLI momenLum In
LIe bIoc oI mosLIy weuILIy
deveIoped nuLIons, LIe
OECD suId. TIe IndIcuLor
Nicholas Vinocur Ius been uncIunged uL
1oo. sInce ebruury.
However, growLI wus
IosIng momenLum In Ger-
muny, wIere LIe IndIcu-
Lor Iud dropped Lo 1oo.z
In June Irom 1oo.q In
Muy, und Jupun, wIere
IL IeII Lo 1oo.1 Irom 1oo.q
LIe prevIous monLI. L-
uIy`s growLI momenLum
Improved, Lo 1o1.; Irom
1o1.6 In Muy.
Among mujor emergIng
economIes, LIe IndIcuLor
Ior CIInu wus uncIunged
wIIIe ndIu und RussIu Iud
seen sIIgILIy ImprovIng
prospecLs Ior expunsIon.
TIe ouLIook wus sLu-
bIe In LIe UnILed SLuLes,
wILI u 1oo. reudIng un-
cIunged sInce Muy. TIe
OECD suId LIe euro ureu
sIowed sLubIe growLI mo-
menLum, wILI LIe reudIng
uncIunged uL 1o1.o.
Reuters
Failure to Clinch Global Customs
eul Coold AHect Other Tulks
Joanna Bernstein and
Adriana Barrera

uIIure Lo reucI u
gIobuI cusLoms ruIes
deuI couId Iuve u
consIderubIe ImpucL on
oLIer ureus oI gIobuI Lrude
negoLIuLIon, WorId Trude
OrgunIzuLIon DIrecLor-
GeneruI RoberLo Azevedo
suId durIng u vIsIL Lo Mex-
Ico.
uLe IusL monLI, ndIu
Lorpedoed u deuI Lo sIm-
pIIIy, sLundurdIse und
sLreumIIne LIe ruIes Ior
sIIppIng goods ucross
borders, known us Lrude
IucIIILuLIon, uILer IL de-
munded concessIons on
ugrIcuILuruI sLockpIIIng.
I we don`L hnd u so-
IuLIon Ior LIIs Issue, we
couId see u consIder-
ubIe ImpucL on oLIer ur-
eus oI worId negoLIuLIon,
Azevedo suId In u speecI
In MexIco CILy, reIerrIng
Lo WTO negoLIuLIons.
LIInk LIuL we Iuve un
opporLunILy In SepLember
Lo resLurL LuIks und see II
u brIdge Is possIbIe, Ie
added.
ndIu InsIsLed LIuL, In
excIunge Ior sIgnIng LIe
Lrude IucIIILuLIon ugree-
menL, IL musL see more
progress on u puruIIeI
pucL gIvIng IL more Iree-
dom Lo subsIdIse und
sLockpIIe Iood gruIns LIun
Is uIIowed by WTO ruIes.
ndIu`s governmenL
suId recenLIy IL beIIeved
IL couId convInce oLIer
members LIuL ILs need
Ior more Ireedom on Iood
subsIdIes wus IegILImuLe,
und Ius suId IL couId sIgn
u deuI us eurIy us SepLem-
ber II ILs concerns ure ud-
dressed. Reuters
Myanmar Summary
Myanmar Summary
Chinese empIoyees waIk into a CIaxoSmithKIine (CSK) ofce in Beijing.
J
a
s
o
n

L
e
e
/
R
e
u
t
e
r
s
~_._ _._ . q:~.~:~
. , ..:~ _ .~ ~ ~~_ _.
. _ . ..q . ~ , . e .q.
.. ... .. . :.-~_ .:.~. .
.:.~.| ...:.: .~
.:. ._~: . ~. : ~ , . e
.q.~e ~._ . , _~:..q.. .
.. .q::~~~-.~ ._.:
_~:.._.
e....:...~ ~.e
._ ,e.._e~.~:_ ~,
.. _ ..:.. ..: q:~ ._ .. .
.:.~:. ,.....:. ..:._
..,..:..~.~q,. ~.
_.~q,~.~ ~...:
. _ . . . ~ . ..q. ~ ~ , .:.
...:_..~._. ._.q,
.~:..:.._.
_~.~~~ ~._e~ .q:
.. ~.:~,.e.q.~_.:.
~_. :. ~ .| _ . . , . :
. ~ .:. ._~: . . q._.
GlaxoSmithKline ~.~
._ ..q.e:..~ .:
....: e . .:._.. . . ._
e .....:._~:.q_...,:~
,.~-....:.~ .q:..q,
.q:~, .:.~:. .: .. ._
e ....~...:.. q.
.,q._ ..,:~ . .. .~ .:.
.: ~.~- ....,.,:
.:. ~._ ..e: :...:
~...._e .q:~ q .:_. ._e. ._ .
..qe:.~ ...~|._e,_e.
.,..: ~.~_~.~,_.e
.~.._e...: GSK ._
, .~ -~, . ..:.. _._ ~ .
. . _., ._ _e, _e.. .:.
~:. _ . .. . . :...:. . .
.~ .:.~ . .. ... ....:.
._ _e. ._~: . ._.:_~:.:.
._ .. .. ... .... q.. .:.
.~.:. ..q.e:._e,_e..
.:. . . . , . .~ . . .:.
q. . .:.._~:.._. ~ . ~
~ .._.
GSK -.:.~~....
~~ ~ ~. ..:~ ...~ .
. . .~ , .. _ ..:..q: ..
..:..,..:._. e.~
. . . .~ .:.q . . q_. . ~~ .
. . ~ . _._ ~ ... ~._.~.,
. . . .q :..:_. .._~: q. . .
. :.. ._ . .: .._ ~: .
. . . . ~ .:. ~ .| ~ ..:
. ._ ~...:~. : ,_ ..|._ . .
..'.:.: ~, ..:q _ . .
~,~~ GSK ..'.:.,.
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e_e._..~_~..:....:..q..:.
~:...,..|.~.: ~__..
.:. .~q..:._. :.,.
.,.~~. .~:_..
~q , ~. ..:._~: . OECD
~ _. .. ._ . ~ ..~ ~ ._.:
_~:.~: ~.e~ ~.~~.
~.:. ~.:.:. _ ., ._
.~: . . , .:._ ~: . ._ .
._.:_~:.:.._.
. q. ~._.. ~ . .. :..q.. ...| .
..: q ~ . . e _e ..q.~e ~._.
-._.:_~:..~ ~q . ,,.
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~._.: .~. .q _ . .,_..~:.
q__~:.:q...:....~.~
~~~ - ~~~q.,._~:.
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INTERNATIONAL BIZ
17
Myanmar Summary
US Watchdog Calls Bitcoin Wild West of Finance
V
IrLuuI currencIes
sucI us bILcoIn ure
LIe WIId WesL
oI hnuncIuI producLs be-
cuuse oI rIsks IncIudIng
Iuge swIngs In excIunge
ruLes, LIe US Consumer
InuncIuI ProLecLIon Bu-
reuu suId.
VIrLuuI currencIes ure
noL bucked by uny govern-
menL or cenLruI bunk, und
uL LIIs poInL consumers
ure sLeppIng InLo LIe WIId
WesL wIen LIey enguge In
LIe murkeL, CPB DIrec-
Lor RIcIurd Cordruy suId
In u sLuLemenL.
n u consumer udvIsory,
LIe ugency noLed LIuL bIL-
coIn IeII us mucI 8o per-
cenL uguInsL LIe US doIIur
In u sIngIe duy LIIs yeur,
exposIng InvesLors Lo
mussIve poLenLIuI Iosses.
OLIer rIsks IncIude LIe
IucL LIuL onIIne or vIrLuuI
currencIes Iuve been u
LurgeL Ior Iuckers wIIIe
some vIrLuuI currency
compunIes Iuve provIded
IILLIe IeIp In cuses wIere
Iunds were IosL or sLoIen,
LIe CPB suId.
Douwe Miedema BILcoIn, LIe besL-known
vIrLuuI currency, sLurLed
cIrcuIuLIng In zooq. ncI-
denLs LIuL Iuve brougIL
LIe currency under new
reguIuLory scruLIny In-
cIude LIe IuIIure oI ML.
Gox, u Tokyo-bused ex-
cIunge LIuL hIed Ior
bunkrupLcy uILer IosIng
un esLImuLed $6o mII-
IIon worLI oI cusLomer
bILcoIns.
UnIIke convenLIonuI
money, bILcoIn Is gener-
uLed by compuLers und Is
IndependenL oI conLroI or
buckIng by uny govern-
menL. TIuL Is someLIIng
ILs proponenLs IIke, buL IL
Ius Ied Lo cuIIs Ior more
oversIgIL und guIdunce
on Issues IncIudIng US Lux
LreuLmenL.
TIe US Treusury De-
purLmenL`s InuncIuI
CrImes EnIorcemenL
Network last year clas-
sIhed udmInIsLruLors or
excIungers oI bILcoIn
us money LrunsmILLers,
wIIcI puLs LIem under
LIe remIL oI sLuLe reguIu-
tors.
TIe CommodILy uLures
TrudIng CommIssIon, u
IederuI reguIuLor, Is sLud-
yIng wIeLIer IL Ius jurIs-
dIcLIon, gIven LIuL some
hrms ure consIderIng oI-
IerIng bILcoIn derIvuLIves.
And LIe US nLernuI
Revenue ServIce Ius des-
IgnuLed bILcoIn und oLI-
er vIrLuuI currencIes us
properLy, noL currency,
Ior Lux purposes, u decI-
sIon LIuL mude IL Iess uL-
LrucLIve Lo Ior InvesLors Lo
IoId mucI vuIue In bIL-
coIns.
BuL LIe CPB, u IederuI
ugency seL up uILer LIe
zoo;-oq hnuncIuI crIsIs,
Iud so Iur been mum on
LIe Issue, cuusIng u rebuke
Irom LIe GovernmenL Ac-
counLubIIILy Omce, wIIcI
suId IusL monLI LIe CPB
sIouId sLep up ILs roIe In
overseeIng bILcoIn.
TIe GAO`s reporL Iud
been requesLed by Senu-
Lor Tom Curper, u Demo-
cruL Irom DeIuwure, und
LIe Ieud oI LIe SenuLe
CommILLee on HomeIund
SecurILy und GovernmenL
AuIrs. Curper Is conducL-
Ing IIs own InvesLIguLIon
InLo bILcoIn. Reuters
Bitcoin themed stickers stand attached to gIass doors during the Inside Bitcoins. The Future of VirtuaI
Currency Conference in New York.
L
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a
s

J
a
c
k
s
o
n
/
R
e
u
t
e
r
s
Bitcoin ~. ~~:,~
.._~..:..: .._~...e
.q.. , .:.. :.~ ~~~
~~ ~.,_..:._..._~:
. ._~.~, ..: . .:.~~ ~
~. , ., . , .q.~ ~. q:e
.:...:~, .,e _~ ._e. .:
._~:. ~..q~,.:.....
._~.~:~ e .q.-, ~. ._ .
~ ~:,~ . ._ ~.. :.. :
._._~..q ..e~ -e
~~. .~:.:~.,:~.
......:._...q..:._~:
~. ._.. .:.~.,_e ...~ ~
~ ~.q:~..q:.q:~
~. , . , .:..,q._ ~._.~.,
_e. ._~: . CFPB .|, ~ ~:
q..~.~:.q~ .._.
.....:.~:. ~_~_.q:~
bitcoin ._ e...~~.
~.q~~. ~..q~,
..'.:. ..e. ~,e. ~
q:. . , .~ ~. .. ._e
q..._.....:.~:. ~.,
~. ._ . .:...:. ., .. .:.
..'..|~ ... ._ ~.:.~.:
q._~:. ~e~._.~ .~
...._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE
18
US Waives Sanctions on Myanmar Timber
C
IvII socIeLy groups
ure spIIL over u decI-
sIon by LIe US gov-
ernmenL Lo wuIve sunc-
LIons on Myunmur`s LImber
secLor Ior one yeur.
TIe decIsIon, wIIcI wenL
InLo eecL IuLe IusL monLI,
Is beIng IuIIed by some us
un opporLunILy Ior com-
munILy-Ied und susLuIn-
ubIIILy InILIuLIves Lo Luke
rooL In Myunmur, wIere
IucruLIve IoresLry revenues
Iuve Iong been hrmIy con-
LroIIed by LIe mIIILury und
nuLIonuI eIILes. TIe Euro-
peun UnIon, Loo, Is cur-
renLIy workIng Lo normuI-
Ise ILs reIuLIons wILI LIe
Myunmur LImber secLor.
TIe concern Is LIuL LIe
sysLem LIuL Is guInIng Lruc-
LIon wILI LIe InLernuLIonuI
LImber IndusLry Is Lo by-
puss uny nuLIonuI sysLemIc
IoresLry reIorm process,
KevIn Woods oI oresL
Trends suId.
YeL oLIers ure wurnIng
LIuL WusIIngLon Ius Luken
LIe decIsIon Loo soon, be-
Iore domesLIc condILIons In
Myunmur ure ubIe Lo sup-
porL sucI u cIunge.
IILIng suncLIons on LIe
LImber IndusLry now up-
peurs Lo be u premuLure
move by LIe US, und rIsks
IessenIng Burmu`s Impe-
Lus Lowurds reIorm, AII
HInes, u Iund cumpuIgner
wILI GIobuI WILness, u
wuLcIdog group, LoId PS.
Burmu Is noL yeL In u po-
sILIon Lo sLuLe convIncIngIy
wIere und Iow LImber
Is sourced, meunIng LIuL
US ImporLers und Lruders
Iuve IILLIe wuy oI knowIng
wIeLIer Burmese LImber Is
IIIeguI, or IInked Lo socIuI or
envIronmenLuI Iurm.
Carey L Biron n June, WusIIngLon
grunLed u IImILed one-yeur
IIcence Lo LIe zoo mem-
bers oI LIe US-bused n-
LernuLIonuI Wood ProducLs
AssocIuLIon (WPA) Lo en-
guge In LrunsucLIons wILI
LIe Myunmu TImber En-
LerprIse, LIe sLuLe IoggIng
ugency.
US omcIuIs suy LIe uIm oI
LIe decIsIon Is Lo uIIow US
compunIes und cusLomers
Lo IeIp sLrengLIen reIorms
In LIe Myunmur LImber
Lrude, IopeIuIIy promoLIng
Lrunspurency und buIId-
Ing nuscenL susLuInubIIILy
prucLIces.
nLerucLIon wILI respon-
sIbIe busIness cun IeIp
buIId busIc cupucILy so LIuL
Burmu cun begIn Lo LuckIe
LIe Iong-Lerm sysLemIc Is-
sues presenL In ILs exLruc-
LIve secLors, Kerry S Hum-
pIrey, u medIu udvIsor
wILI LIe US SLuLe DepurL-
menL, LoId PS.
TIe SLuLe DepurLmenL
Ius been In consuILuLIons
wILI WPA Lo ensure LIuL
uny Lrude conducLed un-
der LIIs IIcence Is In IIne
wILI US GovernmenL poII-
cIes, IncIudIng promoLIng
susLuInubIe IoresL mun-
ugemenL und IeguI suppIy
cIuIns.
HumpIrey noLes LIuL
WPA wIII now be requIred
Lo hIe quurLerIy reporLs
wILI LIe SLuLe DepurLmenL
on ILs progress In IeIpIng
Lo ensure IeguI LImber sup-
pIy cIuIns.
YeL crILIcs worry LIIs wIII
sImpIy creuLe Lwo puruI-
IeI LImber secLors, one IIcIL
und unoLIer LIuL Is IILLIe
cIunged. TIe IndusLry, us
wILI Myunmur`s brouder
exLrucLIves secLor, Ius Iong
been noLorIous Ior deep
corrupLIon und Iumun
rIgILs ubuses.
TIe concern Is LIuL LIe
sysLem LIuL Is guInIng Lruc-
LIon wILI LIe InLernuLIonuI
LImber IndusLry Is Lo by-
puss uny nuLIonuI sysLemIc
IoresLry reIorm process,
KevIn Woods, u Myunmur
reseurcIer wILI oresL
Trends, u wuLcIdog group,
LoId PS.
nsLeud, Woods suys,
LIe end resuIL couId be Lo
creuLe u wuII uround u Iew
governmenL-munuged LIm-
ber reserves Lo Ieed gIobuI
LropIcuI LImber demund,
IeuvIng LIe resL oI LIe
counLry`s IoresLs IocuLed In
eLInIc conIcL zones Lo be
conLInuuIIy pIIIuged und
soId ucross ILs borders.
Free-for-all?
NeurIy u IuII-decude uI-
Ler Myunmur begun u sLuL-
LerIng process oI pro-dem-
ocruLIc reIorm, muny Loduy
ure IncreusIngIy concerned
LIuL LIIs process Is sIowIng
or even reversIng course.
uLe IusL monLI, ;z mem-
bers oI LIe US Congress
wurned US SecreLury oI
SLuLe JoIn Kerry LIuL con-
dILIons In LIe counLry Iuve
Luken u sIurp Lurn Ior LIe
worse over LIe pusL yeur
und u IuII.
Kerry wus In Myunmur
over LIe pusL weekend,
wIere Ie reporLedIy ruIsed
US concerns over sucI re-
gressIon wILI muILIpIe Lop
governmenL omcIuIs.
YeL Ie uIso rejecLed con-
cerns LIuL WusIIngLon Is
movIng Loo quIckIy In
roIIIng buck punILIve bIIuL-
eruI suncLIons on Myun-
mur. He Iud gone LIrougI
u Iong IIsL oI cIuIIenges
wILI Myunmur omcIuIs,
Kerry LoId journuIIsLs re-
cenLIy, In u very, very dI-
recL wuy.
WILI LIe removuI oI
suncLIons, Iowever, muny
worry LIuL WusIIngLon
Is IosIng ImporLunL Iever-
uge. n LIe LImber secLor In
purLIcuIur, some quesLIon
LIe exLenL Lo wIIcI US und
oLIer IoreIgn compunIes
wIII Iuve LIe wIerewILIuI,
or InLeresL, Lo eecL cIunge
on LIe ground In Myunmur
- purLIcuIurIy gIven LIe
LepId commILmenLs mude
by LIe counLry`s govern-
menL.
TIIs Is noL LIe LIme
Ior US-bused LImber Im-
porLers Lo be InvesLIng In
Burmu, uILI DoIerLy, u
senIor cumpuIgner uL LIe
EnvIronmenLuI nvesLIgu-
LIon Agency, u wuLcIdog
group, LoId PS.
SecreLury Kerry . ruIsed
serIous quesLIons us Lo LIe
bucksIIdIng oI reIorms und
conLInuIng Iumun rIgILs
ubuses wILIIn LIe counLry
- Iow do compunIes wILI-
In LIe WPA LIInk LIey ure
ubIe Lo uvoId conLrIbuL-
Ing Lo LIese Issues LIuL ure
prevuIenL LIrougIouL LIe
LImber secLor?
ndeed, some observers
suggesL LIuL Myunmur`s
openIng-up Ius been uc-
compunIed by u sense oI
Iree-Ior-uII.
IIeguI IoggIng und nuL-
uruI resource grubbIng,
IncIudIng Iund, In eLInIc
sLuLes und regIons . Iuve
become worse sInce LIe
reIorms sLurLed und LIe In-
ux oI IoreIgn InvesLmenL
InLo LIe counLry, PuuI
SeIn Twu, wILI LIe Burmu
EnvIronmenLuI WorkIng
Group, un udvocucy orgun-
IsuLIon, LoId PS.
Remember, we ure sLIII
In u IrugIIe peuce-buIIdIng
perIod und LIere Is no ruIe
oI Iuw In LIe conIcL ureus.
So our recommenduLIon Is
Lo go sIowIy on reIormIng
Iuw und poIIcIes - Lo open
up more spuce, enguge
wILI cIvII socIeLy orgunIsu-
LIons und LIe eLInIc urmed
groups.
Certipcotion momen-
tum
Any uILImuLe success In
reIormIng Myunmur`s Ior-
esLry secLor wIII depend
on IuLure ucLIons by boLI
LIe counLry`s governmenL
und LIe IoreIgn compunIes
LIuL end up purcIusIng
LIe counLry`s LImber. YeL
some ure uppIuudIng LIe
IIILIng oI US suncLIons us
un ImporLunL opporLunILy
Lo hnuIIy begIn LIe work oI
reIorm.
TIe probIem wILI sunc-
LIons Is LIuL LIey resLrIcL
buyers In our counLry Irom
engugIng In LIe secLor -
LIe InLernuLIonuI murkeL-
pIuce, wIIcI Loduy IncIudes
sLrong preIerences Ior sus-
LuInubIe producLs, Is Inuc-
cessIbIe, JosI TosLeson, u
senIor vIce-presIdenL wILI
LIe RuInIoresL AIIIunce, u
group LIuL enguges In LIe
cerLIhcuLIon oI LropIcuI Ior-
esL producLs, LoId PS.
PurLIcuIurIy II LIe IIILIng
oI suncLIons comes uIong
wILI some commILmenLs
Irom sIgnIhcunL buyers
Lo work cooperuLIveIy Lo
supporL und IncenLIvIse
LIe murcI Lowurd susLuIn-
ubIIILy cerLIhcuLIon, LIuL
cun InjecL some reuI energy
Lo drIve LIIs process Ior-
wurd.
usL week, LIe Myunmur
oresL DepurLmenL uc-
cepLed u proposuI Irom LIe
RuInIoresL AIIIunce Ior u
pIIoL producLIon commu-
nILy IoresL In LIe counLry`s
souLI.
HuvIng murkeL mecIu-
nIsms LIere LIuL provIde u
mInImum preIerence und
u new murkeL norm LIuL
won`L uIIow unyLIIng oLIer
LIun responsIbIe or sus-
LuInubIy produced prod-
ucLs Lo enLer LIe murkeL
- LIuL wIII be LIe key eIe-
menL, TosLeson suys.
PurLIcuIurIy In InLru-
AsIun Lrude you`II need Lo
Iuve buyIng compunIes geL
on bourd wILI LIese norms.
TIuL wIII be u sIgnIhcunL
cIuIIenge, buL II LIey`re noL
sLeppIng up Lo creuLe LIese
new murkeL norms no
oLIer eorLs wIII muLLer -
IIIIcIL producLs wIII sImpIy
ow LIrougI LIe rouLes oI
IeusL resIsLunce. Thomson
Reuters Foundation/IPS
Myanmar Summary
~..q ~, ~. .q~ _ ., .:
.. ..~..~:. .~.
. ~ ~. . . ._e..: .... ~
._ ~..' . ~._._.~e
~._..:.~_~:. ~_..:..,
_ ~._ ._ . .. ._ .~~ .
..~ ...: .._e~.~~:.
~.~.:~.~: ~_.~
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~_~ ..~.. ~~~,.
.:~.~ ~.~..:..~
:...: _.,.:~ ~.~
~~,....:..: .qq_
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e ._~._. .q:...
._._. _.,.:...~_
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~_.:...:.~ ~,~~.~
..._ ~._ .~ , .~~ .~
~|q~,._ ~..q~,~._.
. ~ . ~~:.. ~ ~ ,
~.. (IWPA) . ~e~ ~~
~:. .. _.,.:....,.
. .~...~q, ~...
.~~.........._.
. . ._e~ q_. .~._~: .
q..: ~..q~,~.~.:..
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. . ._. .:. ~ _. ~ q,
. e _ e ...qq _ , .. . ..
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..:~ . q, _ e. ._ .~q:.
~....,.~._e_._ .
....._~:.~._.~.,._.
~ .~~ .,._ . .~ .~ _
IWPA ~.,_e ~..q_:,
....~~. ~.q..:~
. . q._ _ e. ._ ~: . ._ .
.q._.
Raw timber at a Iogging site in Myanmar.
P
h
y
u

T
h
it

L
w
in

Burma is not yet in a posi-

tion to state convincingly
where and how timber is
sourced, meaning that US
importers and traders have little
way of knowing whether Burmese
timber is illegal, or linked to social
or environmental harm.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE
19
Myanmar Summary
Myanmar Summary
David Mayes

jusL reud un urLIcIe LIIs
mornIng on IuIIIng
reuI esLuLe prIces In
CIInu. n HungzIou some
properLIes ure seIIIng Ior
z percenL Iess LIun prop-
erLIes In LIe sume projecL
soId Ior new jusL u Iew
yeurs ugo. We uII remem-
ber LIe zoo8 crusI LIuL
IoIIowed LIe once robusL
boom LIe USA reuI es-
LuLe murkeL experIenced.
CouId LIe bursLIng oI u
reuI esLuLe bubbIe In CII-
nu wreuk sImIIur Iuvoc on
LIe gIobuI hnuncIuI sys-
Lem?
TIe CIInese bunkIng
sysLem Is known Ior beIng
very opuque, und bunks
ure LIe ones wIo usuuIIy
geL IurL wIen u reuI es-
LuLe bubbIe hnuIIy bursLs.
TIus IL does noL Luke u
wIoIe IoL oI ImugInuLIon
Lo predIcL LIuL u CIInese
reuI esLuLe crusI couId
cuuse u sIock Lo LIe enLIre
bunkIng worId. L Is LougI
Lo suy Ior 1oo percenL LIuL
LIIs Is goIng Lo Iuppen
now or soon, buL muny
experLs beIIeve IL Is more
oI u quesLIon oI wIen LIun
II. TIIs ecIoes LIe beIIeI
Iuve oI deveIoped sLock
murkeLs uL LIe momenL,
wIIcI Is LIuL LIey ure In
LIe sLuLe oI jusL wuILIng
Ior u cuLuIysL so LIey cun
crusI. TIe bubbIe creuLed
Could China Trigger the Next Crisis?
by eusy money Ius Iound
ILs wuy InLo muny usseL
cIusses, und muybe u CII-
nese properLy crusI couId
be jusL LIuL cuLuIysL.
TIe scury LIIng ubouL
u CIInese crIsIs Is LIuL
IL wouId be Iurd Lo pre-
dIcL wIere LIe domInoes
sLop IuIIIng und wIo Is
IeIL IoIdIng bug. TIe CII-
nese governmenL Ius very
Iurge reserves Lo use buL
LIere wouId obvIousIy be
u IImIL Lo Iow mucI LIey
wouId buII ouL. WIo LIey
wouId IeL IuII wouId be
unybody`s guess. IkewIse
we cunnoL LeII wIuL kInd
oI exposure wIIcI bunks
Iuve Lo wIIcI InsLILuLIons
vIu credIL deIuuIL swups
(busIcuIIy beLs beLween
bunks on coverIng LIe
debLs oI u bunkrupL hrm,
or you cun cuII IL Insur-
unce II you hnd LIuL more
puIuLubIe).
CerLuIn usseL cIusses
wouId sureIy do weII In
LIe mIdsL oI LIe IuII ouL,
mosL IIkeIy US Lreusury
securILIes, goId, und oLIer
IgIL Lo suIeLy usseLs. OI
course LIe dIversIhcuLIon
uIwuys preucI ubouL Is
LIe besL proLecLIon, uI-
LIougI wouId sLrongIy
recommend goIng us
IIgIL weIgIL us possIbIe In
sLocks und Iong duruLIon
bonds sLIII. TIIs couId be
LIe kInd oI LrIgger LIuL
sends boLI oI LIose mur-
keLs SouLI In u bIg Iurry.
TIe oLIer scenurIo Is
LIuL LIe currenL prIce uc-
LIon In LIe CIInese reuI
esLuLe murkeL Is jusL u bIIp
beIore LIe nexL Ieg up. No-
body wIII know unLII uILer
LIe IucL us usuuI, so uguIn
u dIversIhed porLIoIIo Is
LIe besL udvIce us uIwuys.
TIe rupId cIunge CIInu
Ius undergone Is u once
In u cenLury kInd oI evenL,
so uLLempLIng Lo pIck LIe
Lop oI u Iong Lerm buII IIke
CIInu wIII be IuLIIe. TIuL
suId LIe oId LrudIng ud-
uge Is LIuL LIe Lrend Is
your IrIend. TIe Lrend Is
cerLuInIy down uL LIe mo-
menL, und II IL pIcks up
speed, IL couId cuuse u IoL
oI LroubIe LIuL exLends Iur
beyond CIInu`s own bor-
ders.
David Mayes MBA pro-
vides wealth manage-
ment services to expatri-
Pedestrians waIk past a McBonaId`s Corp. restaurant in Hong Kong.
B
lo
o
m
b
e
r
g
Maersk Line Appoints New Country
Managers in Myanmar, Thailand
Wai Linn Kyaw
D
unIsI sIIppIng IIne
Muersk Ius up-
poInLed DuwId SoId
us LIe new CounLry Mun-
uger Ior Myunmur und Bo
Wegener us LIe new TIuI-
Iund CIusLer Munuger.
SoId wIII be responsI-
bIe Ior LIe deveIopmenL
und execuLIon oI Mue-
rsk`s conLuIner sIIppIng
busIness In Myunmur`s
IIgI-poLenLIuI murkeL,
LIe compuny suId. He wIII
be reporLIng Lo Wegener
us Myunmur Is purL oI LIe
TIuIIund CIusLer.
SoId suId Myunmur Is In
LIe deveIopmenLuI sLuge
und IL opens up greuL busI-
ness opporLunILIes Ior LIe
compuny`s cusLomers.
We wunL Lo esLubIIsI
our presence Iere Lo beL-
Ler serve our cusLomers
wILI our gIobuI sLundurds
oI cusLomer servIce und
operuLIonuI reIIubIIILy.
TIere Is u growIng
busIness InLeresL In My-
unmur. mporLs InLo LIe
counLry ure IncreusIng,
und we expecL LIe sume Lo
Iuppen Ior exporLs In LIe
comIng yeurs, so LIere Is
un overuII more buIunced
ow, Ie udded.
Wegner suId TIuIIund Is
un excILIng murkeL und voI-
umes ure growIng despILe
LIe recenL poIILIcuI LurmoII.
On LIe exporLs sIde, we
ure seeIng growLI In eIec-
LronIcs, uuLomobIIes und
ugrIcuILuruI commodILIes,
wIIIe ImporLs ure Increus-
Ing due Lo u combInuLIon
oI munuIucLured goods
und commodILIes.
Bo suId wILI LIe recenL
esLubIIsImenL oI Mue-
rsk`s own omce In Yungon
recenLIy, LIe hrm Is weII
posILIoned Lo servIce cus-
Lomers` growIng demund
Ior conLuIner sIIppIng
servIces Lo und Irom My-
unmur.
.~...:.. Maersk
._ _.,.:.~~~ David
Sold ~:. . ., .,:~..
~_e.., ~.._.. Bo Wegener
~:. ...,.,:~_e.
.,~..._~:. .q._.
.. :. .~ , ~ , . ..:
.q.. . , .~~~ .. .~ ~
~.:.~.:~.~: .. ._ e.
.,._ _., .:. ~ ...~ ~
. .q.. ~ .. ..: q ~ .q.
~~~~ David Sold ~
~:~, e q._ _e. ._ ., .._
...,.,:Wegener .
. ~...~..q.__e.
._._.,.:.~.,_e e_e.
. . ~. ~ .q:~ q .:._e
. .. :..q.~. ~.. ..~: ..:.
~ ~ . ~ .e:~ ._ .:.~~ ~
.........._e David
Sold ~ ._.:_ ~:..._.
ates throughout Southeast
Asia, focusing on UK Pen-
sion Transfers. He can be
reached at david.m@fara-
mond.com. Faramond UK
is regulated by the FCA
and provides advice on
pensions and taxation.
M
a
e
r
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k
~, ~ . e, ~ ._. ~
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._. ._.~~e~._.
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._. ._.~ .,q.:.._
.._.:._. ._....
._ .e ~ .|.~. ..:.. _ .
~..~.:..:..:..~.q._
~~ .|~q,~,..._..
~..q ~, . ~ ~ ~:.. .:.
. .q ~ ~ . _e. ._ . ~, .~:
~_. ~. . ._ .:._ _ e, ~ ~
q..._..._...: ~.~:...
,_...._e...:._. ..~:
. ~:.q _ . .. ..~ . ~
.:.~ ~~~... ..:.
q...q, ~_~_...|._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE
20
Myanmar Summary
Myanmar to Finish Kaladan Waterway
Improvement by March 2015
May Soe San
W
uLerwuy Im-
provemenL oI
KuIudun rIver
In Myunmur`s wesLern
RukIIne sLuLe wIII be h-
nuIIsed by MurcI zo1, u
LrunsporL mInIsLry omcIuI
suId.
TIe projecL comes us
purL oI u compreIensIve
deveIopmenL pIun oI LIe
rIver by Myunmur und
ndIu - KuIudun MuILI-
ModuI TrunsIL TrunsporL
ProjecL. TIe $oo-mIIIIon
projecL uIms Lo connecL
LIe eusLern ndIun seu-
porL oI KoIkuLu wILI SIL-
Lwe porL In Myunmur by
seu und IInk SILLwe Lo MI-
zorum vIu rIver und roud
LrunsporL.
ConsLrucLIon oI SILLwe
porL und expunsIon oI
KuIudun rIver, wIIcI con-
sLILuLe LIe hrsL pIuse oI
LIe cross-border projecL,
Iuve reucIed ;o percenL
compIeLIon, U Myu TIun,
Ieud engIneer oI CIvII
EngIneerIng DepurLmenL
under LIe MInIsLry oI
TrunsporL, suId.
Two docks In PuIeLwu
IocuLed on LIe bunk oI
KuIudun rIver wIII be
IuIIy consLrucLed by
MurcI zo1. CurrenLIy
6,ooo-Lonne sIIps cun
dock uL SILLwe und up Lo
zo,ooo-Lonne sIIps wIII
be able to dock later.
TIe consLrucLIon oI sIx
wuLercruILs Ius seen mucI
progress wILI 8o percenL
oI LIe body Irumeworks
hnIsIed. TIe wuLerwuy
nuvIguLIon posLs wIII be
IuIIy InsLuIIed by zo1,
Ie LoId Myanmar Busi-
ness Today.
TIe projecL uIso IncIudes
u pIun Lo connecL KuIeLwu,
SILLwe, LIe cupILuI oI Ru-
kIIne sLuLe, Lo LIe ndIun
border by consLrucLIng u
moLorwuy wILI u pIunned
$o-mIIIIon InvesLmenL.
As LIe wuLerwuy
uround PuIeLwu Is noL
suILubIe Ior sIIps due Lo
ubundunL sundbunks und
rocks, we ure deveIopIng
un InIund roud beLween
PuIeLwu und KuIeLwu.
TIe wuLerwuy cun cur-
ry more goods LIun LIe
InIund roud. A purL oI LIe
InIund roud Is beIng buIIL
by PubIIc ConsLrucLIon
DepurLmenL Irom Myun-
mur und LIe oLIer purL
by ndIun uuLIorILIes. We
wIII cuIcuIuLe LIe cosL Ior
LIe roud und submIL IL Lo
LIe ndIuns governmenL,
Ie suId.
KuIudun rIver Ius orIgI-
nuLed Irom u SIue
mounLuIn runges und
ows LIrougI MIzorum
sLuLe oI ndIu und souLI-
wurds InLo CIIn sLuLe
und LIen enLers RukIIne
sLuLe pussIng LIe Lown oI
PuIuLwu und uILerwurds
merges InLo Buy oI BenguI
LIrougI SILLwe. L Is some
6oo kIIomeLres Iong wILI
neurIy ookm owIng
LIrougI Myunmur.
TIe projecL, wIIcI wus
IuuncIed In zoo8, wIII re-
duce dIsLunce Irom KoIkuLu
Lo SILLwee by ubouL 1,zo
kIIomeLres und wIII reduce
LIe need Lo LrunsporL good
LIrougI LIe nurrow SIIIg-
urI corrIdor, uIso known us
'cIIcken`s neck.`
We wIII rusI LIe con-
sLrucLIon oI LIe roud wILI
IundIng Irom ndIu. We
wIII uIIow Lux exempLIon
Ior one yeur us u LrIuI run.
TIere wIII be no cIurges
Ior pussuge buL servIce
Iees Ior IoudIng or un-
IoudIng goods wIII be
cIurged, LIe omcIuI suId.
DeveIopmenL projecL oI
KuIudun rIver wIII be Im-
pIemenLed In LIree pIus-
es wIIIe LIe hrsL pIuse
wIII see LIe ImprovemenL
oI SILLwe porL Lo IucIIILuLe
LIe pussuge und moor-
Ing oI 6,ooo-Lonne sIIps,
LIe IncreusIng oI LIe wu-
Ler depLI uL LIe porL Lo
6z,ooo cubIc meLers
und consLrucLIon oI u z1q
meLre Iong und 1 me-
Lre wIde dock Lo Iurbour
over-zo,ooo-Lonne sIIps.
TIe SILLwe porL deveI-
opmenL projecL IncIudes
LIe upgrudIng oI exIsLIng
docks Lo receIve z,ooo-
und ,ooo-Lonne sIIps
und LIe consLrucLIon oI
zq wureIouses In LIe porL
area.
TIe second pIuse wIII
see LIe cIeurIng oI u
18-kIIomeLre secLIon oI
LIe rIver beLween SILLwe
und PuIeLwu IncIudIng
dredgIng In sIuIIow ur-
eus, expundIng LIe bunks
In consLrIcLed ureus und
consLrucLIon oI wure-
Iouses uL PuIeLwu Irom
wIIcI u moLorwuy wIII
connecL Lo MIzorum.
TIe LIIrd pIuse wIII
see LIe consLrucLIon oI u
1zq-kIIomeLre IIgIwuy
beLween PuIeLwu und
MIzorum. TIe IIgIwuy
Irom TedIm In CIIn sLuLe
Lo SILLwe, wIIcI wIII uIso
connecL Lo LIe PuIeLwu-
MIzorum IIgIwuy, Is ex-
pecLed Lo provIde u new
Lrude cIunneI.
~.e_.,.:...~..q.
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._.
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~..q. ~~ ... -_..~
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_.. ~.e.~,._.:.~ .
~~:. ~.q, q_qe.~
_e ..:q~.,_.._e.._.
,...~,.._ ~.:.~,_..
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.,..ee...:.q...~,.
..~._e...: ...~
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~ .:.~, _ .. ._ ~: .~ ..e:
..q..: ~ q:..,..,
_. ....,_. _e. _. . .qe: ._.:~ . .
~_ ..:~ _ . .. .. :
~_..:~ . ~. .. : ~ q:.
. , .., ~_ ..:~ _. .. ._. _e.
._~:. .q._.
~..|..~,.._ ...~.
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~ . e,e .. ~ ~:._e .~
.e._..~,._e._.. ~..|
~:... ...:~ . . . ~ ..'.:
., . ~ .::. ._ ~: .
.~:~ ..: ..|.:.._ _..
_ e. ..:._ ~: ..~ ~.
~.~~~ .qe:~...
.:..:..: .:..:.._~:.
.q._.
~ .:.~, _.. ._ _., .:.
..q.~:~,.~ _..e:..
_.. ~.e. .~q._._,e
. ....~: .~q._._
,e.~:... .._._,e
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q. _ ._ ,e . ~ .q:~
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_ e~ ~: .:. . .e ~
~_.. ~..~: '~~ .~:
q_.:.~: _.,.:_._~._
~..~: ,~~ ,..|.q._~:.
.q._.
~.:.~,_..._~:...~,.
~:. ~. . .. _e ~.~:
~_ .e: ..: q ~ ._ _e. _. .
..~. ~ .. .~ . . ~. .
_ ~, '~~~ ..:_~ ..:.
~. ._ ..:. :. .:. .q.
~~~ ..~..q.~_~:..
-qe: ',~~~ ~-.~:
~~e q ._ . . ~. ..q~,~
~ ..e: .q. ~, . , ~, ~~~
~~ ~~~ ~-~ .~:
~~e q ._ ~ , .~ .. .. . .
e: ~. . ~_ ..:~ .q.~
.|~._.
~_. e. ...~..~..
~_..:~.q._ ...~_._
e.q_....:...~~:..:.
._. .|~.__e.._.
Jupun OHers $1og Million in
Telco Loans to Myanmar
Phyo Thu
J
upun Ius pIedged Lo
provIde 1o. bIIIIon
yens ($1o mIIIIon)
In Iouns Lo Myunmur Lo
IeIp LIe counLry Improve
ILs communIcuLIon neL-
work IInkIng LIe mujor
cILIes oI Yungon, Mundu-
Iuy und Nuy PyI Tuw.
TIe Iow-InLeresL Ioun,
uImed uL meeLIng LIe
growIng demund Ior mo-
bIIe pIones und InLerneL
In LIe counLry, wus oI-
Iered by Jupunese or-
eIgn MInIsLer umIo
KIsIIdu durIng LuIks wILI
IIs Myunmur counLerpurL
U Wunnu Muung wIn on
LIe sIdeIInes oI ASEAN-
reIuLed meeLIngs In Nuy
PyI Tuw IusL weekend.
Jupun Is uIso IeIpIng
Myunmur In LIe deveIop-
., .._ _.,.:.-
~. ~_. _~ .. ._. _e. ._ q, ~ ,
.. .... .,_._ .~: _..:.~
.~ . e .q.~ , q~ . ~ .~ .
. . , ..:.. . ..: . q, ~~ ~
e,. . ~~ ... .e
~..q~,..'.: ~~ .,.
.... ...~. . :.._e ~~ _.
.._~:. .q._.
~~ .. , .,_ ..|.. :_e ...~.
._ ~. .|.... ._ . ~. ~ ..
~ ~:,~ . e , ..~ . e .q.
..,..:.._ ..~.~~.:
..q, q_ q e ._ ~: . . q
._.
menL oI LIe posLuI secLor
by provIdIng LecInIcuI
supporL und conducLIng
sLu LruInIng In LIe LIree
mujor cILIes.
Myunmur Ius receIved
LIe bIggesL deveIopmenL
uId In LIe second IuII oI
LIe hscuI yeur zo1-1q
Irom Jupun umong IoreIgn
governmenLs und InLernu-
LIonuI non-governmenLuI
orgunIsuLIons (NGOs).
AccordIng Lo Myun-
mur`s MInIsLry oI NuLIon-
uI PIunnIng und Econom-
Ic DeveIopmenL, Jupunese
ussIsLunce umounLed Lo
$1qq.oq mIIIIon durIng
LIe perIod.
Myanmar Summary
KaIadan river in Rakhine state, Myanmar.
G
o
-
M
y
a
n
m
a
r
A man uses his mobiIe phone on a bridge in centraI Yangon.
S
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e

Z
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a

T
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/
R
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s
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE
21
Myanmar Summary
Relaying the Message in Myanmar: Investors
Engagement with Infrastructure Project Stakeholders
When developing infrastructure projects in Myanmar foreign investors should clearly explain their intent, as well as identify and pursue overlapping goals that they
share with both local communities and Nay Pyi Taw. Implementing such stakeholder engagement programs would beneft investors and facilitate
Myanmars overall development.
Nicholas Borroz
M
yunmur Is un
emergIng mur-
keL rIpe wILI
opporLunILIes Ior IoreIgn
InvesLors, us evIdenced
by LIe roIIouL oI numer-
ous Iurge InIrusLrucLure
projecLs over LIe IusL Iew
yeurs. One oI LIe cIuIIeng-
es IucIng IoreIgn InvesLors
In Myunmur, LIougI, Is
Iow Lo deveIop InIrusLruc-
Lure projecLs In u wuy LIuL
benehLs IocuI sLukeIoId-
ers wIIIe muInLuInIng
LIe overuII busIness In-
LegrILy oI LIe InvesLmenL.
EngugIng sLukeIoIders Is
uII LIe more compIex In
ureus ouLsIde oI IuII cen-
LruI governmenL conLroI,
sucI us Is In LIe SIun or
KucIIn sLuLes. ronIcuIIy,
IL Is LIese ureus LIuL couId
benehL mosL Irom InIru-
sLrucLure deveIopmenL.
Here, IoreIgn InvesLors
musL udvunce LIeIr busI-
ness objecLIves wIIIe sI-
muILuneousIy buIuncIng
LIe needs oI IocuI commu-
nILIes und oI Nuy PyI Tuw.
To successIuIIy execuLe
u sLukeIoIder enguge-
menL progrum In sucI pe-
rIpIeruI ureus, InvesLors
sIouId cIeurIy commu-
nIcuLe LIeIr gouIs Lo boLI
IocuI communILIes und Lo
Nuy PyI Tuw (oILen LImes
vIu u IocuI purLner wIo
undersLunds cusLoms und
LIe Iunguuge). nvesLors
sIouId uIso expIuIn LIe
requIremenLs LIey need
Lo IuIhII wIen deveIopIng
u projecL, sucI us LIose
reIuLed Lo reguIuLIons,
corporuLe governunce,
und hnuncIuI compIIunce.
OI purLIcuIur noLe Iere
Is LIe prIncIpIe oI ree,
PrIor, und nIormed Con-
senL (PC), u common
prerequIsILe Ior projecL h-
nuncIng LIuL requIres LIe
IuII purLIcIpuLIon und con-
senL oI uecLed commu-
nILIes prIor Lo u projecL`s
consLrucLIon. ExpIuInIng
PC requIremenLs Lo Io-
cuI communILIes und Nuy
PyI Tuw wouId IeIp LIese
vILuI sLukeIoIders under-
sLund wIy boLI groups`
concerns musL be ud-
dressed In order Lo secure
hnuncIng und brIng InIru-
sLrucLure projecLs Lo IruI-
LIon.
L Is uIso crILIcuI Ior In-
vesLors Lo IdenLIIy und
pursue overIuppIng gouIs
LIuL LIey sIure wILI boLI
IocuI communILIes und
Nuy PyI Tuw, noL jusL one
or LIe oLIer. Nuy PyI Tuw,
Ior InsLunce, couId sup-
porL gIvIng Iund rIgILs
Lo un InvesLor In order Lo
deveIop un InIrusLrucLure
projecL LIuL benehLs My-
unmur`s overuII economIc
producLIvILy; LIIs couId,
Iowever, uIIenuLe IocuI
communILIes LIuL ure dIs-
pIuced Irom LIuL Iund, us
Iuppened durIng Iund-
grub sLruggIes uround
LIe DuweI SEZ. A projecL
LIuL enIunces econom-
Ic uuLonomy Ior u IocuI
communILy, on LIe oLIer
Iund, muy be resIsLed by
Nuy PyI Tuw becuuse sucI
u deveIopmenL couId be
perceIved us undermInIng
cenLruI governmenL uu-
LIorILy In LIuL ureu. nves-
Lors musL secure buy-In
Irom boLI sIdes becuuse
u rejecLIon by eILIer IocuI
communILIes or Nuy PyI
Tuw LIreuLens u projecL`s
prospecLs.
An exumpIe oI un en-
gugemenL progrum LIuL
wouId benehL uII purLIes
(LIe IocuI communILy, In-
vesLors und Nuy PyI Tuw)
couId be workIorce LruIn-
Ing. or LIe IocuI commu-
nILy, LIe upsIdes ure cIeur:
educuLIon, empIoymenL,
und economIc deveIop-
menL. rom LIe perspec-
LIve oI un InvesLor, LruIn-
Ing u IocuI workIorce cun
reduce operuLIonuI cosLs
over LIe Iong run (IocuI
empIoyees wouId IIkeIy
requIre Iower suIurIes
LIun expuLrIuLe workers).
rom Nuy PyI Tuw`s per-
specLIve, workIorce LruIn-
Ing wouId uddress dIs-
conLenL In ImpoverIsIed
or murgInuIIsed ureus,
und wouId uIso Increuse
Myunmur`s cupucILy Lo
muInLuIn und servIce In-
IrusLrucLure InvesLmenLs.
TIere ure numerous
poLenLIuI pILIuIIs Lo com-
munILy engugemenL pro-
grums, Iowever. TIree
LIuL InvesLors sIouId be
purLIcuIurIy uwure oI In
Myunmur ure:
- nvesLors musL cIeurIy
undersLund LIeIr own
cupucILy. HonesLy wILI
sLukeIoIders ubouL In-
vesLors` ubIIILy Lo deIIver
deveIopmenL progrums
munuges expecLuLIons,
LIereby prevenLIng dIs-
uppoInLmenL und resenL-
menL Irom sLukeIoIders.
- nvesLors sIouId muke
sure LIuL u IocuI com-
munILy does noL become
dependenL on LIe provI-
sIon oI busIc servIces by
LIe compuny und LIuL LIe
compuny does noL sup-
pIunL governmenL servIc-
es. TIIs sILuuLIon Is uILI-
muLeIy unsusLuInubIe Ior
InvesLors; IL uIso InIIbILs
LIe nuLuruI deveIopmenL
oI IocuI governunce cu-
pucILy.
- CommunILIes LIuL
ure IndIrecLIy uecLed by
projecLs wIII uIso wunL u
sIure oI LIe benehLs. n-
vesLors need Lo uddress
sucI uspIruLIons wILI
upproprIuLeIy scuIed de-
veIopmenL progrummIng
IesL LIe InvesLor`s over-
uII engugemenL progrum
grow beyond conLroI us
more und more IndIrecLIy
uecLed groups seek com-
pensuLIon.
TIe ongoIng sLruggIe
beLween Nuy PyI Tuw und
regIonuI uuLIorILIes In
Myunmur`s perIpIery Is
one oI LIe IundumenLuI
obsLucIes Lo LIe counLry`s
poIILIcuI und economIc
deveIopmenL. By pursu-
Ing gouIs LIuL uIIgn wILI
boLI purLIes` InLeresLs,
InvesLors couId pIuy un
ImporLunL roIe In brIng-
Ing LIem InLo ugreemenL
durIng LIe course oI LIe
deveIopmenL oI InIru-
sLrucLure ImprovemenLs.
SucI udvunces wouId
uIso Iuve u muILIpIIer eI-
IecL Ior Myunmur us u
wIoIe: Myunmur`s cupuc-
ILy Lo ubsorb IoreIgn In-
vesLmenL Is consLruIned
by ILs Iuck oI InIrusLruc-
Lure. As more rouds,
bunks, power grIds, und
ceII Lowers ure buIIL, LIIs
wIII ucceIeruLe Myunmur`s
poLenLIuI ruLe oI modernI-
suLIon, uIIowIng Myun-
mur Lo provIde ILs Impov-
erIsIed cILIzens wILI LIe
opporLunILIes LIey need
Lo Improve LIeIr quuIILy oI
IIIe. CommunILy enguge-
menL progrums LIereIore,
II properIy desIgned und
empIoyed, Iuve LIe po-
LenLIuI Lo benehL Inves-
Lors us weII us Lo IucIIILuLe
Myunmur`s overuII deveI-
opmenL.
Nicholas Borroz is an
independent analyst of
energy geopolitics and
investment strategies,
specialising in energy-
related infrastructure.
He works for a DC-based
risk consultancy and has
previously worked for
the US government in in-
ternctioncl cgcirs uith
a focus on development,
energy, and economics.
You can reach him on
Twitter at @NBorroz or
on his blog, www.nicho-
l asborroz. wordpress.
com.
The views and opinions
expressed here are the
authors own and dont
necesscril reject M-
anmar Business Todays
editorial opinion.

Explaining FPIC requirements

to local communities and Nay
Pyi Taw would help these vital
stakeholders understand why
both groups concerns must be ad-
dressed in order to secure financ-
ing and bring infrastructure projects
to fruition.
It is aIso criticaI for investors to identify and pursue overIapping goaIs that they share with both IocaI
communities and Nay Pyi Taw, not just one or the other.
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~. :.~_ .:...' ~ .:_ . .
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q, . : . ~ .. _ .. ~.~ ~.~
~_._~~qq:...: ~_~
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.:. (FPIC)~._~:.~ ....
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.,_ ._ .~: ~~ ~ ._ .
~. , ~e :.. .q ..:...
.:.~ ..~.~,.....
.:.._~: ~ .~~ ~_ _ . .
qq...__e.._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
INVESTMENT & FINANCE
22
Myanmars First Manufacturing
Trade Expo in October
Trade show touts to introduce new technology to boost productivity of local
manufacturing sector
Kyaw Min
M
yunmur`s hrsL
dedIcuLed mun-
uIucLurIng Lrude
exIIbILIon wIII be IeId uL
LIe Myunmur ConvenLIon
CenLre (MCC) In Yungon
Irom z-q OcLober.
TIe orgunIser oI LIe
evenL, SIngupore ExIIbI-
LIon ServIces (SES), suId
LIe evenL wIII be u guLe-
wuy Ior InLernuLIonuI
hrms Lo geL ucquuInLed
wILI LIe buddIng IocuI
munuIucLurIng secLor, us
weII us LIe opporLunILIes
IL Ius Lo oer.
MunuIucLurIng Myun-
mur zo1q wIII IeuLure u
IIneup oI InLernuLIonuI
compunIes Irom AusLrIu,
Germuny, LuIy, SIngu-
pore, TuIwun, TIuIIund
und LIe UK, SES suId.
WIIIIum Im, projecL
dIrecLor Ior MunuIucLur-
Ing Myunmur zo1q, suId:
or LIe mujorILy oI our
exIIbILors, Myunmur Is
uncIurLered LerrILory. As
LIe counLry deveIops LIeIr
IndusLrIes und conLInues
LIeIr pusI Lo uLLrucL or-
eIgn DIrecL nvesLmenLs
(Ds) Lo grow LIeIr mun-
uIucLurIng secLor, LIIs
presenLs opporLunILIes Ior
InLernuLIonuI munuIuc-
LurIng soIuLIon provIders
Lo InLroduce LIe LecInoI-
ogy needed Lo Increuse
producLIvILy und drIve de-
veIopmenL.
MunuIucLurIng Myun-
mur LIereIore provIdes un
IdeuI busIness pIuLIorm
Ior InLernuLIonuI hrms Lo
geL u beLLer undersLund-
Ing oI LIe currenL und
IuLure munuIucLurIng
equIpmenL needs oI LIe
Myunmur munuIucLurIng
murkeL, us weII us Ior IocuI
IndusLry pIuyers Lo source
Ior new LecInoIogIes reI-
evunL Lo LIeIr busIness.
TIree InLernuLIonuI
group puvIIIons wIII be
IeuLured uL LIe InuuguruI
edILIon oI MunuIucLur-
Ing Myunmur zo1q. TIey
IncIude SIngupore - pre-
senLed by LIe SIngupore
PrecIsIon EngIneerIng &
TooIIng AssocIuLIon (SPE-
TA); TuIwun - presenLed
by LIe TuIwun MucIIne
TooI & Accessory BuIId-
ers` AssocIuLIon (TMBA)
und TIuIIund - presenLed
by LIe Hurdwure & DY
CIub.
TIe SIngupore puvII-
Ion wIII IeuLure u conLIn-
genL oI compunIes LIuL
IncIude AgIe CIurmIIIes,
AsIu MusImu, CuIrnIIII
MeLroIogy, Hong CIek,
OpLIcuI GugIng, S EngI-
neerIng, Supreme ndus-
LrIuI SuppIIers, TunguIoy,
TRUMP und WenzeI.
KoI Seng CIee, execu-
LIve dIrecLor oI SPETA,
coordInuLor oI LIe SIngu-
pore puvIIIon, suId, Our
members ure very keen
Lo expIore opporLunILIes
wILIIn Myunmur.
We Iope Lo esLubIIsI
some meunIngIuI connec-
LIons und vuIuubIe busI-
ness conLucLs wILIIn My-
unmur.
TIe munuIucLurIng sec-
Lor In Myunmur, consIsLIng
IurgeIy oI Iubour-InLensIve
producLIon uugurs weII Ior
compunIes sucI us Hong
CIek, u IeudIng suppIIer
Ior jeweIIery und IndusLrIuI
equIpmenL, ILs busIness
deveIopmenL munuger
DennIs ooI suId.
Our mucIInes ure sIm-
pIe Lo use und cun be eus-
IIy InLegruLed InLo LIe
exIsLIng producLIon pro-
cess. TIeIr uordubIIILy
uIso mukes our mucIInes
weII suILed Ior LIe currenL
murkeL In Myunmur.
CIesLer MucIIne TooIs,
un exIIbILor Irom LIe
UK wIII be IIgIIIgILIng
u runge oI busIc mucIIne
LooIs IncIudIng IuLIes und
drIIIIng mucIInes.
BIII JewILL, suIes dIrec-
Lor oI CIesLer MucIIne
TooIs, suId, We oer u
Iurge vurIeLy oI conven-
LIonuI mucIIne LooIs cu-
LerIng Lo u wIde specLrum
oI IndusLrIes wIIcI wouId
be weII suILed Lo LIe cur-
renL needs oI LIe murkeL
In Myunmur. We Iope Lo
esLubIIsI conLucLs wILI
possIbIe ugenLs seIIIng
mucIIne LooIs, und buIId
u workIng reIuLIonsIIp Ior
LIe Iong Lerm IuLure.
TIe orgunIsers suId LIe
sIow wIII IeuLure compu-
nIes LIuL provIde LIe LooIs
necessury Lo Increuse cu-
pubIIILIes oI secLors sucI
us uuLomoLIve ussembIy,
munuIucLurIng und re-
puIr, buIIdIng, InIrusLruc-
Lure und consLrucLIon
projecLs, meLuIs, mIneruI
processIng und jeweIIery
munuIucLurIng, und meLuI
IubrIcuLIon umong oLIers.
Myanmar Summary
Japan, Germany to Help Develop
Local Small Businesses
Aung Phyo
D
uIwu nsLILuLe oI
Jupun und smuII
busInesses In Ger-
muny Iuve oered Lo IeIp
seL up smuII compunIes
In LIe Ayeyurwudy regIon
by underLukIng joInL ven-
Lures wILI LIem, LIe MIn-
IsLry oI ndusLry suId.
A IIsL oI 1oq enLrepre-
neurs uL Myunmur SMEs
(smuII und medIum-sIzed
enLerprIses) Ius been senL
Lo Jupun und Germuny Ior
busIness peopIe Lo ussess
wIeLIer hrms In LIose
counLrIes cun curry ouL
busIness muLcIIng.
TIere ure over 6q,ooo
regIsLered SMEs In My-
unmur, buL LIey Iuce dII-
hcuILIes sucI us u Iuck oI
InIrusLrucLure, hnunce
und LecInoIogy.
TIe governmenL dIs-
burses Iouns Lo smuII
compunIes uL un InLeresL
ruLe oI 8. percenL. Some
suy LIe InLeresL ruLe Is
Loo IIgI, buL governmenL
ugencIes Iuve suId LIe
InLeresL ruLe Is no IIgIer
LIun LIose In oLIer coun-
LrIes In ASEAN.
TIe MInIsLry oI ndus-
Lry Is seekIng ussIsLunce
Lo IeIp boosL smuII hrms
Irom LIe SMEs deveIop-
menL supporL subcom-
mILLee on Iumun resource
deveIopmenL und Innovu-
LIon skIIIs. L uIso uIms
Lo ussIsL wILI LecInoIogy
deveIopmenL, LIe uvuII-
ubIIILy oI hnunce, InIru-
sLrucLuruI deveIopmenL,
murkeL peneLruLIon pIus
Luxes und procedures.
Workers at a sIipper factory in Pakhoku, Myanmar.
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Myanmar Summary
.,.. .~|~e~._.
. :.,. ~....:...,.
....:.._ -q:~~ ~ ....
_~.. ~....:...,.~.~
....:.. ~.....,..:.
~_.:_ ..,....:.
.~.:q, ~~~_...
.__e.._~:. ~......:
._ e .~ . ~, _ ~ ._:, .
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_., .:. ~....:.. ~.~
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.:q.~ .,. :.,~.
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._ ._ . . , .. :.~~ ..
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....:.._~:. .q._.
_ ., .:. -... .~ ,
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_., .:~ , - .q .. ~: (MCC)
~ .~:~~ : . , ~
~ ..._ _e. ._ . ~. ~.
~ _~...... .~:._..
~,..:...,. (SES) ~
__..._ _._~.~,~
...q.~_. ,..q.._
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_e.._~:. ._.:_~:.._.
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._.
_., .:. ~ , ~ . . .q.
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,_~:..q... ~.e...~
_...: .|~_..._.~.:..
~~~ _.,.:_._.: .q..
._ ... _ e. ._ ~: . ~ ._ ._
~.,_e ~,~..,..:.
~ e _ e ..~: ..: q ~ _ . .
_ ._ .q . . . _. . . . . :. ~
. ..: _ ~ , ~ . . , .
~__.~q, _~.....~q
q._~:. .q._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
PROPERTY & REAL ESTATE
23
Myanmar Summary
Myanmar Summary
Chinese Firms Attempt to Snap
Up Industrial Zone Lands in
Yangon
Aung San Oo
C
IInese compunIes
ure seekIng Lo In-
vesL IeuvIIy In Iund
pIoLs wILIIn LIe Indus-
LrIuI zones oI LIe Yungon
RegIon, uccordIng Lo reuI
esLuLe ugenLs.
TIere Ius been u IIgI
number oI InquIrIes und
CIInese hrms ure reporL-
edIy uskIng Lo buy u con-
cenLruLIon oI Iund pIoLs In
specIhc ureus, IocuI reuI
esLuLe ugenLs suId, udd-
Ing LIuL LIey ure Lrou-
bIed wILI LIese InquIrIes
mude by LIe CIInese.
Duw CIerry, u reuILor
wIo deuIs wILI IndusLrIuI
Iunds In SouLI und NorLI
Dugon und Dugon SeIk-
kun LownsIIps, suId sIe
wus LIe hrsL reuILor Lo be
conLucLed by LIe CIInese
und oered un exumpIe oI
wIuL LIey Iud been usk-
Ing.
eL`s suy II LIey were
eyeIng SouLI Dugon, LIey
wunL us mucI us 1,ooo
ucres In SouLI Dugon
onIy. WIen repIIed LIuL
LIey couIdn`L geL 1,ooo
ucres In uny sIngIe Lown-
sIIp excepL In TIIIuwu,
LIey suId LIey dIdn`L wunL
TIIIuwu due Lo concerns
over unIuvourubIe conse-
quences.
CurrenLIy, u Myunmur-
Jupun consorLIum Is
buIIdIng u z,qoo-IecLure
specIuI economIc zone In
TIIIuwu wIIcI Ius been
LouLed Lo become u mujor
LrudIng Iub In LIe ASEAN
regIon. However, LIe pro-
jecL Is murred by rumpunL
uIIeguLIons oI Iund grub-
bIng und mIsmunugemenL
regurdIng Iund ownersIIp
und compensuLIon Issues
wILI LIe IocuIs.
A reuILor wIo suId Ie
Ius noL been conLucLed by
LIe CIInese, buL Is uwure
oI LIe Issue, udded LIuL
poLenLIuI IoreIgn buyers
wIII Iuve Lo requesL LIe
governmenL Lo deveIop u
new zone, becuuse LIere
Is noL enougI Iund uvuII-
ubIe In LIe currenL Indus-
LrIuI zones.
No Water Supplies above 12
th
Floor: YCDC
Htun Htun Minn
Y
ungon CILy DeveI-
opmenL CommILLee
unnounced LIuL IL
wouId noL provIde wu-
Ler suppIIes Lo proposed
consLrucLIon projecLs oI
buIIdIngs wILI 1z or more
storeys.
As LIe consLunL Increuse
oI IIgI-rIse upurLmenL
buIIdIngs In Yungon puLs
more pressure on LIe
pubIIc wuLer uLIIILy, LIe
new deveIopers oI LuIIer
buIIdIngs musL prepure
Ior LIIs sLruIned wuLer
suppIy, YCDC suId.
ConLrucLors proposIng
Lo buIId new IIgI rIses
wIII Iuve Lo consIder dIg-
gIng Lube weIIs Lo ensure
udequuLe wuLer suppIy Ior
resIdenLs. New buIIdIngs
wILI Iess LIun 1z sLorIes
wIII sLIII be covered by LIe
pubIIc uLIIILy, uccordIng
Lo YCDC.
We Iuve been IucIng
u wuLer suppIy sIorLuge
probIem Ior quILe u wIIIe.
We Iuve Lo cuL new buIId-
Ings ouL oI LIe progrum,
oLIerwIse LownsIIps LIuL
Iuve uIwuys been sup-
pIIed wouId noL geL ud-
equuLe wuLer, u senIor
omcIuI Irom EngIneerIng
DepurLmenL (WuLer und
SunILuLIon) oI YCDC suId.
Yungon regIonuI gov-
ernmenL Ius pIunned Lo
Luke u Ioun oI Kq.z1 bIIIIon
($q.z mIIIIon) Irom Jupun
durIng zo1q-1 hscuI yeur
Lo InvesL In LIe regIon`s
pubIIc wuLer uLIIILy, suId
Dr MyInL TIeIn, Yungon
regIonuI mInIsLer Ior So-
cIuI AuIrs, uL u regIonuI
purIIumenL sessIon.
TIe Ioun Lerms enLuII
un InLeresL ruLe oI o.o1
percenL over u qo-yeur
perIod, wILI un InLeresL
exempLIon benehL Ior LIe
hrsL 1o yeurs. Jupun Ius
uIso pIunned Lo provIde
u grunL oI K1o.z bIIIIon
($1o.z mIIIIon) Lo IeIp
Improve LIe pubIIc uLIIILy.
ReguIuLIons on LIe ex-
LrucLIon oI ground wuLer
need Lo be esLubIIsIed.
I ground wuLer Is over-
exLrucLed, Yungon mIgIL
experIence Iund subsId-
ence, suId Dr KIIn NI
NI TIeIn, secreLury oI LIe
ExperL Teum Irom LIe
NuLIonuI CommILLee on
WuLer Resources.
ConsLrucLors buIIdIng
IIgI-rIses sIouId dIg Lube
weIIs. L Is dImcuIL Ior
YCDC Lo pump suppIIes
Lo Iurge IeIgILs. don`L
LIInk LIere wIII be mucI
ImpucL II LIey cuL LIe sup-
pIIes, LoId U Ko Ko uy,
dIrecLor oI TIree rIends
ConsLrucLIon Co.
CurrenLIy LIe pubIIc
uLIIILy under YCDC Is sup-
pIyIng neurIy zoo mIIIIon
guIIons oI wuLer u duy,
wIIcI Is meeLIng onIy 6o
percenL oI LIe demund,
IorcIng muny peopIe Lo
geL wuLer by LIemseIves,
mosLIy LIrougI pumpIng
groundwuLer.
To uIIuy LIe sILuuLIon
YCDC Is workIng LogeLIer
wILI LIe Jupunese gov-
ernmenL`s uId ugency,
JCA, Lo prepure und Im-
pIemenL reIevunL projecLs
wIIIe uIso conducLIng
rIver wuLer pumpIng pro-
jects.
YCDC Is seL Lo InvesL
K1q bIIIIon durIng z1oq-
1Y joInLIy wILI JCA
Lo Improve LIe reIgon`s
pubIIc uLIIILIes, wIIIe IL
Ius prepured u budgeL oI
Kzoo bIIIIon ($zoo mII-
IIon) Lo uLIIIse In LIe up-
comIng hscuI yeur.
Contd. P 24...
Contd. P 24...
q, ~ , _. ~ ~~, . . .
_. ~ .. ._~_ ..:~ q,
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.~: .~ ~ , e:_:,.q.
.,q..q., . .q._.
q, ~ , ~ ~. ., ~ ~. .,
~._.~..:~~~.:...
.:._.:..:_.. .q....~q:~
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..:~....:.~.,_e ..
~.~._e.: .qqqq, ..
..: q._ _e. ._~:. . q._.
._~: . . ..:~ . . .
~_..:._ ~..:~~~
.:.~.,_e ..~e. ~~.
~ .~ ..e: ..: q ~ q, . ~.
_. . e .~ . ..: q ~ . .:
.q. ..:~ . :qq . ._ _e.
._ .~ . .~:~ ~..:~
~~ .:.~ . .~ .~ .q....~
.:..__e.._~:. q,~,_.
.~: ._ . .:e:.q..~: .~
. .q._.
q, ~ , ~ ...._~ ..q....~
.q..,.~~~ .,.. ~.
. , ... ~~ .e~
~~,~~ _:..~~.
.. . e q, . . :. ._~: .
~~, ... -_.. , q~~
~....: q,~,~....
_~. .~.~:~._.~.~.~
q,~,~...._~.~..q~e
. . .q.~, _~ . ..|~ ~:_. . , .
~ ._.:._.
.,. .....: .. ,~
...._e._.. ~~..,. ~ ...
~~ q:. . , ._e ......._ _e.
._~: . ~. .|.... .~ qe
.,~ ~~ ....~~..
...q....qq.__e.._.
q,~,~...._~.~~.q
.~ . ~ , ._ .~ ~ .:. ~e e
q .. ._. . . q, ~~ ~ ~, ~
. ~ . ~ . :.. .:.q:~
q:.e.~q._~:. .~.~,
._ .~ ~ .:. ~. ~~.q: .
~~e_.......,._ ~._.
._ .~~ ...: .:. . . q
._.
PearI Condo on Kabar Aye Pagadoa road in Yangon.
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
24
Myanmar Summary
From page 23...
From page 23...
PROPERTY & REAL ESTATE
Foreign Tourists to Get Three New Hotels in Kayin
Kyaw Min
C
onsLrucLIon oI LIree
IoLeIs Is underwuy
In KuyIn sLuLe`s cup-
ILuI oI Hpu-An Lo uccom-
moduLe LIe rIsIng Inow
oI IoreIgn LourIsLs InLo LIe
ureu, u mInIsLer suId.
TIe LIree-sLur IoLeIs ure
RoyuI Zwe Gu BIn HoLeI,
TIIrI Hpu-An HoLeI und
NyeIn CIun Yuy (Peuce)
HoLeI, wIIcI ure expecLed
Lo cuLer Lo IoreIgn LourIsLs
und provIde IIgI-quuIILy
uccommoduLIon opLIons,
U MIn Soe TIeIn, KuyIn
sLuLe`s pIunnIng und com-
merce mInIsLer, LoId My-
anmar Business Today.
TIe Inow oI IoreIgn
LourIsLs InLo KuyIn sLuLe Is
ucceIeruLIng, buL LIere ure
noL enougI IoLeIs. TIuL`s
wIy new IoLeIs ure beIng
consLrucLed und we wIII
muke sure we compIeLe
LIem us soon us possIbIe,
Ie suId.
RoyuI Zwe Gu BIn Ho-
LeI wIII oer 16o rooms,
wIIIe NyeIn CIun Yuy wIII
und TIIrI Hpu-An wIII oI-
Ier zz und 8o rooms re-
specLIveIy.
KuyIn sLuLe, wIIcI
bousLs muny LourIsL uL-
LrucLIons, IncIudIng Buy-
InL NyIn Cuve und Hpu-An
und TIun Tuung GyI HIII,
Is In need oI more IoLeIs
und resLuurunLs und beL-
Ler quuIILy oI servIces,
uccordIng Lo U TIn Tun
Aung, joInL secreLury oI
UnIon oI Myunmur TruveI
AssocIuLIon (UMTA).
CurrenLIy, KuyIn sLuLe
Ius onIy Iour IoLeIs wILI
India Sets Norms to Open
$20-b Real Estate Trust
Bhuma Shrivastava &
Santanu Chakraborty

ndIu upproved LIe seL-

LIng up und IIsLIng oI
reuI esLuLe InvesLmenL
LrusLs us LIe nuLIon seeks
Lo unIock u $zo-bIIIIon
market.
TIe LrusLs, or RETs,
wIII Iuve Lo own usseLs
worLI uL IeusL bIIIIon
rupees ($8z mIIIIon), LIe
SecurILIes und ExcIunge
Bourd oI ndIu suId.
nvesLors musL puL In u
mInImum zoo,ooo ru-
pees. InuI noLIhcuLIons
wouId be Issued soon
Lo muke LIe new ruIes
Ior RETs eecLIve In u
monLI or Lwo, Press TrusL
oI ndIu reporLed, cILIng
UK SInIu, cIuIrmun oI
LIe cupILuI-murkeLs regu-
lator.
TIe InLroducLIon oI RE-
Ts wIII provIde u new
source oI IundIng Ior
cusI-sLrupped deveIop-
ers LIuL ure sLruggIIng Lo
reduce debL umId one oI
LIe IIgIesL InLeresL ruLes
In AsIu und economIc
growLI neur LIe IowesL
In u decude. TIe prod-
ucLs wIII gIve InvesLors
LIe ubIIILy Lo purLIcIpuLe
In LIe counLry`s properLy
murkeL wILIouL InvesLIng
dIrecLIy.
TIe secLor Ius been In
uII sorLs oI LroubIe prI-
murIIy due Lo IIgI Iever-
uge Ior mosL oI LIe deveI-
opers, Prumod GubbI,
dIrecLor Ior InsLILuLIonuI
suIes uL AmbIL CupILuI PvL,
suId.
WIuL RET does Is
Lo open up unoLIer uv-
enue Ior IundIng und LIIs
sIouId brIng down LIeIr
cosL. More money In LIe
Iunds oI LIe deveIopers
couId see more projecLs
LukIng o.
D Ld (DU), n-
dIu`s IurgesL deveIoper
by vuIue wILI ubouL z8
mIIIIon squure IeeL (z.6
mIIIIon squure meLers) oI
operuLIonuI renLuI usseLs,
couId be u bIg beneh-
cIury, brokeruge Emkuy
GIobuI InuncIuI ServIces
Ld suId In u reporL.
Bloomberg
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uround 1oo rooms uvuII-
ubIe, cuusIng uccommo-
duLIon sIorLuges durIng
peuk seuson.
`ve Ieurd ubouL IL, buL IL`s un ImpossIbIe gouI. TIere ure onIy ubouL 1o ucres
IeIL In SIwe In Pun IndusLrIuI zone, wIIIe LIe zones In EusL und SouLI Dugon
onIy Iuve z Lo vucunL ucres.
I LIey wunL LIuL mucI Iund In u sIngIe ureu, LIen LIey Iuve Lo requesL LIe
governmenL Lo deveIop u new zone, Ie suId requesLIng unonymILy.
AccordIng Lo hgures reIeused by LIe governmenL, SouLI Dugon IndusLrIuI
zones IuvIng vucunL pIoLs und z; empLy wureIouses; EusL Dugon ndus-
LrIuI zones 1 und z Iuve q18 vucunL pIoLs und zzz empLy wureIouses; NorLI
OkkuIuppu IndusLrIuI zone Ius sIx vucunL pIoLs und 8 empLy wureIouses;
SIwe Puuk Kun IndusLrIuI zone conLuIns Iour vucunL pIoLs und 11 empLy
wureIouses; SouLI OkkuIuppu IndusLrIuI zone IoIds LIree vucunL pIoLs und zq
empLy wureIouses; TIukeLu IndusLrIuI zone Ius vucunL pIoLs und ;8 empLy
wureIouses. TIe TIIIuwu IndusLrIuI zone Iud 16 vucunL pIoLs us oI LIe LIIrd
week oI JuIy, duLu sIows.
TIe governmenL recenLIy Issued u wurnIng LIuL pIoLs wILI no deveIoped op-
eruLIon wILIIn LIree monLIs uILer purcIuse wIII be conhscuLed by LIe govern-
menL.
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~..:.~:..:~. -~q ~:''e ,.~ .._.
A tourist site in Hpa An, Kayin state, Myanmar.
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Myanmar Summary
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~_.. ~_.:.~. . ~ e, ~ .e . .
....__e.~: e_e..q...:
q ~ ..:.- ~,~.q~.:.~
..:......__e.._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
AUTOMOBILE
25
Myanmar Summary
Tutu Motors Sorges us Prot Jomps on Jugour emund
Siddharth Philip
T
uLu MoLors Ld,
ndIu`s bIggesL uu-
Lomuker, surged
LIe mosL sInce November
uILer beuLIng unuIysLs` es-
LImuLes wILI u LIreeIoId
jump In prohL.
NeL Income rose Lo q
bIIIIon rupees ($88 mII-
IIon) In LIe quurLer ended
June, LIe MumbuI-bused
compuny reporLed IusL
week. TIuL wus LIe bIg-
gesL prohL Increuse sInce
LIe LIree monLIs ended
December zo1o.
SuIes oI Juguur und
und Rover In CIInu, LIe
worId`s IurgesL cur murkeL,
surged 61 percenL IeIp-
Ing TuLu MoLors, wIIcI
Is sLruggIIng Lo revIve de-
mund In ndIu, Increuse
prohL. DeuLscIe Bunk AG
und CredIL SuIsse Group
AG were umong broker-
uges, wIIcI ruIsed LIeIr
sIure prIce LurgeL Ior LIe
muker oI Nuno IuLcIbuck
und ndIgo sedun uILer LIe
eurnIngs unnouncemenL.
JR benehLed Irom
sLrengLI In CIInu de-
mund, sLrong vurIunL mIx
und ubIIILy, GovInduru-
jun CIeIIuppu und Rujusu
KukuIuvurupu, unuIysLs uL
JeerIes wroLe In u noLe
Loduy. SLrengLI In CIInu
Is LIe key Lo susLenunce oI
LIe IIgI IeveIs oI prohL-
ubIIILy.
ProhL uL LIe Iuxury unIL
more LIun doubIed Lo 6q
mIIIIon pounds ($1.16 bII-
IIon) on demund Ior LIe
-Type converLIbIe und
Runge Rover SUVs. TuLu
MoLors group revenue
cIImbed 8 percenL Lo
6q6.8 bIIIIon rupees.
DeIIverIes uL Juguur und
Rover cIImbed zz percenL
Lo 11,q6 veIIcIes In LIe
quurLer, boIsLered by LIe -
Type LIuL begun sIIppIng
IusL yeur und LIe new und
reIresIed Runge Rover IIne
up.
TuLu MoLors` domesLIc
pussenger-veIIcIe deIIv-
erIes IeII ; percenL In
LIe quurLer, uccordIng Lo
LIe SocIeLy oI ndIun Au-
LomobIIe MunuIucLurers.
TIe compuny`s Lruck suIes
dropped z percenL In LIe
sume perIod.
TIe domesLIc busIness
Ius been u drug, suId
Juergen MuIer, u Iund
munuger uL RuIeIsen
CupILuI MunugemenL In
VIennu. BuL we Iope LIuL
wILI LIe new pussenger
veIIcIe modeIs und LIe
commercIuI veIIcIes pIck-
Ing up, LIIngs wIII geL beL-
Ler.
TIe uuLomuker`s Iuxury
unIL Is uIso buIIdIng u mId-
sIze sporLs sedun cuIIed
LIe XE, wIIcI IL wIII un-
veII nexL monLI und wIII
go on suIe In zo1.
TIe Juguur XE, Lo be
unveIIed In ondon on
SepL. 8, wIII compeLe
uguInsL BuyerIscIe Mo-
Loren Werke AG`s serIes
und DuImIer AG`s Mer-
cedes-Benz C CIuss mod-
eIs. TIe Juguur wIII be LIe
onIy cur In ILs segmenL Lo
be buIIL on un uIumInum
pIuLIorm LIuL wIII IeIp IL
go ; mIIes (1zo kIIom-
eLers) on u guIIon oI IueI,
LIe compuny Ius suId.
TIe XE modeI wIII Ieu-
Lure Iour cyIInder, z-IILer
gusoIIne und dIeseI en-
gInes buIIL uL LIe compu-
ny`s new engIne IucLory,
uccordIng Lo LIe curmuk-
er. Bloomberg
R
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t
e
r
s
Vehicle Importers Call for Stability in Govt Policy
Phyo Thu
A
ILer wILnessIng
cIunges In ruIes
und reguIuLIons
Ior veIIcIe ImporLs nIne
LImes In LIe IusL LIree
yeurs, uuLo IndusLry In-
sIders demund LIuL LIey
sIouId be InIormed In
udvunce oI uny poLenLIuI
poIIcy cIunges In LIe cur-
renL hscuI yeur.
requenL poIIcy cIunges
by LIe MInIsLry oI Com-
merce und LIe DepurL-
menL oI nIund Truns-
porL Iuve creuLed u IoL
oI compIIcuLIons und
conIusIons umong LIe
ImporLers, veIIcIe Im-
porLers, dIsLrIbuLors und
IndusLry experLs suy.
We wouId IIke Lo know
II LIere Is goIng Lo be u
cIunge In LIe currenL cur
ImporL reguIuLIons und Lux
ruLes on CosL, nsurunce
und reIgIL (C) prIces,
suId Dr Soe Tun, cIuIrper-
son oI VeIIcIe mporLers
und DeuIers AssocIuLIon.
n oLIer counLrIes LIe
pubIIc Is InIormed u yeur
beIore u poIIcy cIunge,
Ie udded.
He suId LIere Iuve been
rumours LIuL onIy curs
wILI IeIL-Iunded sLeerIng
wIeeIs wIII be uIIowed Ior
ImporL, und LIe uuLIorILIes
mIgIL scrup LIe ImporL sIIp
sysLem, uIso known IocuIIy
us pInk sIIp.
TIe governmenL sLurLed
u cur subsLILuLIon pro-
grum LIrougI wIIcI own-
ers couId obLuIn un Im-
porL sIIp In IIeu oI un oId
veIIcIe. TIe sIIp uIIows
owners Lo ImporL new
curs und enjoy Iower Luxes
und LurIs.
CurrenLIy, LIe uuLomo-
bIIe murkeL Is seeIng u
IIgI demund Ior veIIcIes
worLI uround K1o mIIIIon
und uIso Ior pInk sIIps
or ImporL permILs, worLI
ubouL K.6 mIIIIon, IoI-
IowIng u recenL reguIuLIon
cIunge LIuL uIIowed uII
IocuIIy ussembIed curs eII-
gIbIe Ior LIe subsLILuLIon
progrum.
A LoLuI oI q8,q IocuIIy
ussembIed veIIcIes Iuve
been regIsLered us oI LIe
end oI Muy, und prIces oI
LIem wenL up drusLIcuIIy
us LIey were uIIowed Lo be
excIunged.
Myanmar Summary
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A car show room on Kabar Aye Pagoda road in Yangon.
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Rover .q: .~:..:. '~ q:.
. , ._ . ~~ . :._ . .._ ~:
~_.~ . _. ~~ .:_. ._e.
._~:..q._.
F-Type ESifh Range Rover
SUVs ~:..:.~e.~:._.
~~ .:..:._~: ~ . . ~:.
.:..q..:~_.~..:..:..
._.~~_ ..| ', .,.
..'.: ~ ... ~' .e,
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... .e. ,
q:..,._.~~.:.._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
26
IT & TELECOM
Myanmar Summary
Myanmar Summary
Naked Pcs Lay Bare Microsofts Emerging
Markets Problem
Jeremy Wagstaff and
Gerry Shih
O
n u LrIp Lo BeIjIng
u decude ugo, BIII
GuLes wus usked
by u senIor governmenL
omcIuI Iow mucI money
MIcrosoIL Corp mude In
CIInu. TIe omcIuI usked
LIe InLerpreLer Lo doubIe
cIeck GuLes` repIy us Ie
couIdn`L beIIeve LIe hgure
was so low.
L`s u probIem LIuL
Iusn`L gone uwuy. ndeed,
MIcrosoIL`s currenL Issues
In CIInu conceuI u deeper
probIem Ior LIe US soIL-
wure gIunL - despILe LIe
popuIurILy oI ILs WIndows
operuLIng sysLem und OI-
hce suILe, Iew peopIe In
emergIng murkeLs ure
wIIIIng Lo puy Ior IegILI-
muLe copIes.
TIIs noL onIy cosLs MI-
crosoIL In IosL revenue,
buL Is uIso IoIdIng buck
LIe spreud oI ILs new-
esL WIndows 8 versIon -
unuIysLs suy even buyers
oI pIruLe soILwure preIer
oIder versIons. AccordIng
Lo SLuLCounLer, u websILe
LIuL Lrucks wIuL soILwure
Is Iouded on nLerneL-con-
necLed compuLers, more
LIun qo percenL oI PCs In
CIInu - now LIe worId`s
bIggesL murkeL - ure run-
nIng pre-8 versIons oI
WIndows.
MIcrosoIL Is LryIng Lo
LuckIe LIIs. TIIs yeur IL`s
oerIng WIndows 8 uL u
dIscounL Lo PC munuIuc-
Lurers wIo InsLuII ILs BIng
seurcI engIne us LIe de-
IuuIL. And IL`s gIvIng uwuy
versIons oI WIndows 8 Ior
pIones und some LubIeLs.
TIe greuL dunger Ior
LIe compuny Is LIuL wIuL
Ius Iuppened Lo LIem In
emergIng murkeLs - bu-
sIcuIIy no revenue Irom
new PCs becuuse oI pI-
rucy - Is noL Iur o wIuL`s
IuppenIng everywIere,
suId Ben TIompson, LIe
TuIwun-bused uuLIor oI
sLruLecIery.com, u popu-
Iur LecInoIogy bIog.
Cor e cost
or sure, CIInu Is u mu-
jor, und unIque, IeuducIe
Ior MIcrosoIL. Muny oI
LIe probIems ure LIed Lo u
brouder pusI by LIe CII-
nese governmenL Lo IImIL
IoreIgn hrms` domInunce
und encouruge IocuI LecI-
noIogy hrms Lo become
vIubIe compeLILors.
AILer yeurs oI IeuILIy
reIuLIons wILI BeIjIng,
MIcrosoIL IusL monLI wus
suddenIy LurgeLed by unLI-
monopoIy reguIuLors wIo
ruIded ILs CIInu omces us
purL oI u prIce-hxIng In-
vesLIguLIon.
BuL LIe spuLs musk LIe
IucL LIuL MIcrosoIL Ius
never reuIIy crucked Iow
Lo geL peopIe In emergIng
murkeLs Lo puy Ior ILs soIL-
wure. n zo11, LIen CEO
SLeve BuIImer reporLedIy
LoId empIoyees LIuL, be-
cuuse oI pIrucy, MIcrosoIL
eurned Iess revenue In
CIInu LIun In LIe NeLI-
erIunds - wILI 1 percenL
oI ILs popuIuLIon - even
LIougI CIInu bougIL us
muny compuLers us LIe
UnILed SLuLes.
AccordIng Lo LIe BSA
unLI-pIrucy Iobby group
LIuL MIcrosoIL co-Iound-
ed, emergIng murkeLs uc-
counL Ior 6 percenL oI uII
PCs In use, und ; percenL
oI soILwure pIrucy. OI LIe
$;;.8 bIIIIon revenue MI-
crosoIL generuLed In ILs
zo1 hnuncIuI yeur, CII-
nu, BruzII und RussIu eucI
exceeded $1 bIIIIon, uc-
cordIng Lo u MIcrosoIL
presenLuLIon.
TIe mosL recenL breuk-
down by MIcrosoIL oI ILs
resuILs by producL IIne
- Ior LIe hrsL quurLer oI
hscuI zo1q - sIows LIuL
6 percenL oI ILs gIobuI
revenue und ;8 percenL
oI operuLIng prohL cume
Irom WIndows und Omce.
Naked PCs
PurL oI LIe InLrucLubII-
ILy oI pIrucy In emergIng
murkeLs Is LIuL eucI purL
oI LIe cIuIn poses u prob-
lem.
or PC mukers workIng
on wuIer-LIIn murgIns LIe
operuLIng sysLem Is one oI
LIe cosLIIesL purLs oI LIe
mucIIne, wIIIe mom-
und-pop sIops wIIcI
Iorm LIe buIk oI reLuIIers
In sucI murkeLs cun`L uI-
Iord Lo Lurn uwuy prIce-
sensILIve cusLomers wIo
ure comIorLubIe buyIng
pIruLe soILwure.
TIe probIem, LIere-
Iore, sLurLs wILI compuLer
mukers, SIngI suys, sInce
convIncIng LIem Lo sIIp
every PC wILI WIndows
pre-InsLuIIed Is dImcuIL.
MurgIns on PCs Ior u com-
puny IIke enovo Group
Ld ure neur sIngIe dIg-
ILs, suys Bryun Wung, un
unuIysL uL GurLner.
TIe resuIL Is LIuL up Lo
6o percenL oI PCs sIIpped
In LIe emergIng murkeLs
oI AsIu, suys DC reseurcI
munuger HundokoAndI,
Iuve no WIndows operuL-
Ing sysLem pre-InsLuIIed
- so-cuIIed 'nuked PCs`,
wIIcI usuuIIy InsLeud
curry some Iree, open
source operuLIng sysLem
IIke Inux.
MIcrosoIL begun Iob-
byIng enovo In zooq
Lo sLop sIIppIng nuked
PCs, buL LIe CIInese
hrm counLered LIuL ILs
murgIns were Loo Iow, u
person IumIIIur wILI LIe
negoLIuLIons suId. Two
yeurs IuLer - jusL duys be-
Iore LIen-PresIdenL Hu
JInLuo vIsILed GuLes` US
Iome - CIInu unnounced
u new Iuw requIrIng PCs
Lo be sIIpped wILI oper-
uLIng sysLems. TIuL mere-
Iy denLed pIrucy ruLes,
wIIcI IeII Lo ;q percenL
In zooq Irom qz percenL
In zooq, uccordIng Lo LIe
BSA. Reuters
Google, Asian Telecoms to Build
$300-m Undersea Cable to Japan
Ramkumar Iyer
S
eurcI engIne GoogIe
nc und hve AsIun
LeIecom und com-
munIcuLIons compunIes
Iuve ugreed Lo InvesL
ubouL $oo mIIIIon Lo de-
veIop und operuLe u Lruns-
PucIhc cubIe neLwork con-
necLIng LIe UnILed SLuLes
Lo Jupun.
To be numed ASTER,
LIe cubIe neLwork wIII
Iuve un InILIuI cupucILy
oI 6o LerubILs per second
und wIII connecL os An-
geIes, PorLIund, Sun run-
cIsco, Oregon und SeuLLIe
Lo CIIkuru und SIImu In
Jupun.
NEC Corp, wIIcI wIII
be LIe sysLem suppIIer
Ior LIe cubIe neLwork,
suId In u sLuLemenL LIuL
consLrucLIon wouId be-
gIn ImmedIuLeIy und LIe
neLwork wouId be reudy
Ior servIce In LIe second
quurLer oI zo16.
TIe neLwork wouId
uIso be ubIe Lo connecL Lo
neIgIbourIng cubIe sys-
Lems Lo exLend ILs cupuc-
ILy beyond Jupun Lo oLIer
AsIun counLrIes.
GoogIe currenLIy oper-
uLes ILs own super-IusL
Iber TV und InLerneL
servIce In LIe Kunsus CILy
meLropoIILun ureu, und
Ius been LryIng Lo exLend
ILs neLwork Lo more cILIes
In LIe UnILed SLuLes.
AIso InvoIved In LIe pro-
jecL ure CIInu MobIIe`s
InLernuLIonuI unIL CIInu
MobIIe nLernuLIonuI,
CIInu TeIecom Corp Ld`s
InLernuLIonuI urm CIInu
TeIecom GIobuI, TME
DoLcom BId`s GIobuI
TrunsIL, KDD Corp und
SIngupore TeIecommunI-
cuLIons Ld. Reuters
A visitor waIks past a Microsoft booth at a computer software expo in Beijing.
R
e
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e
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
IT & TELECOM
27
Second Hackathon to Help Businesses
Draw on Myanmars Telco Revolution
Logan Linnane
A
ILer IoIdIng LIe
hrsL-ever evenL In
MurcI, Myunmur`s
second IuckuLIon wus
unnounced uL u press con-
Ierence IosLed by Code
Ior CIunge Myunmur und
ILs InLernuLIonuI sponsors.
Code Ior CIunge Iound-
er, DuvId Mudden, de-
hned u Iuck us mukIng
u smurL soIuLIon Lo u cIuI-
Ienge, LIus u IuckuLIon Is
u muruLIon Lowurds muk-
Ing smurL LecInoIogIcuI
cIunge.
n prepuruLIon Ior LIe
BusIness SoIuLIons
HuckuLIon on SepLem-
ber -;, Mudden cuIIed on
IocuI smuII und medIum
busInesses Lo submIL LIeIr
cIuIIenges Lo Code Ior
CIunge.
TIe gouI Ior LIIs q8-
Iour IuckuLIon Is Lo cre-
uLe soIuLIons Lo IeIp smuII
und medIum enLerprIses
(SMEs) Luke udvunLuge
oI LIe comIng LeIecom-
munIcuLIons revoIuLIon,
Ie suId, uddIng LIuL LIese
soIuLIons wIII Improve
emcIency und uccess Lo
LecI resources Lo Increuse
LIe growLI oI LIose busI-
nesses.
Myunmur`s connecLIv-
ILy revoIuLIon creuLes bIg
opporLunILIes Ior busI-
nesses. TecInoIogy cun
drumuLIcuIIy Improve
LIeIr emcIency und pro-
ducLIvILy.
TIe purpose oI LIIs
evenL Is Lo geL Myunmur`s
besL deveIopers LogeLIer
Lo buIId LecInoIogy prod-
ucLs LIuL ure goIng Lo IeIp
Myunmur busInesses be
more successIuI.
KoArkur MIn Aung, u
member oI LIe wInnIng
Leum Irom LIe prevIous
IuckuLIon, suId LIe bIg-
gesL probIems IucIng LIe
emergIng group oI My-
unmur progrummers ure:
wIreIess InLerneL connec-
LIon und gIobuI exposure.
WIIIe InLerneL quuIILy Is
gruduuIIy IncreusIng, Ie
suId progrums IIke Iuck-
uLIons ure IeIpIuI Ior LIe
Myunmur LecI commu-
nILy Lo guIn InLernuLIonuI
uLLenLIon wIIIe uIso meeL-
Ing peopIe In LIeIr heId.
TIe IusL IuckuLIon .
We IeurnL u IoL, Iud greuL
Iun codIng LogeLIer wILI
my Leum members und
buIIL u cooI producL. We
Iope LIuL uII LIe oLIer
deveIopers und desIgners
joIn LIIs IuckuLIon, Ie
suId.
VIrgInIu Murruy, depuLy
cIIeI oI mIssIon oI LIe US
Embussy In Myunmur,
suId smuII und medIum
enLerprIses ure crucIuI
Ior LIe growLI und de-
veIopmenL LIuL wIII move
LIIs counLry Iorwurd.
We Iope LIuL LIIs evenL
wIII sIow LIe poLenLIuI Ior
busInesses Lo use LecI-
noIogy Lo ucceIeruLe LIIs
growLI.
TIe press conIerence
On The Road to Connectivity: Forum to Assess
Critical Developments in Myanmars Telco Sector
Kyaw Min
N
ews oI LIe open-
Ing oI Myunmur`s
telecoms market
Lo IoreIgn InvesLmenL
cupLured IeudIInes IusL
yeur und wILI LIe IIcence
wInners begInnIng Lo
IuuncI LIeIr servIces, LIe
excILemenL Ius moved Lo
unoLIer IeveI.
n u counLry wILI un es-
LImuLed 1o percenL mo-
bIIe peneLruLIon, LIe new
servIces ure expecLed Lo
cover z mIIIIon oI My-
unmur`s upproxImuLeIy
6o mIIIIon peopIe by LIe
end oI LIe yeur, und q;
percenL oI LIe popuIuLIon
wILIIn LIe nexL hve yeurs.
MeunwIIIe, us pIuns Ior
LIe SEA-ME-WE cubIe
Lo Iund In Myunmur ure
hnuIIsed, InIrusLrucLure
buIIds ucross LIe counLry
ure reucIIng Iever pILcI.
As LIe roII-ouL oI u IusLer
und more uccessIbIe com-
munIcuLIons neLwork
guLIers speed, uII eyes ure
on Myunmur us u Iuge
growLI opporLunILy.
usL yeur`s IuuncI oI LIe
Iorum Myunmur ConnecL
brougIL LogeLIer uII Iour
oI LIe newIy uppoInLed II-
cence IoIders Ior LIe hrsL
LIme. TweIve monLIs on,
Myunmur ConnecL zo1q
wIII buIId on zo1`s pIuL-
Iorm und exumIne Iow
mucI LIe operuLIng en-
vIronmenL Ius cIunged
over LIe IusL yeur, LIe or-
gunIsers suId.
HIgIIIgILed by un open-
Ing uddress by U MyuL
HeIn, unIon mInIsLer Ior
communIcuLIons und In-
IormuLIon LecInoIogy, LIe
ugendu IeuLures murkeL-
IeudIng speukers wIo wIII
be debuLIng und dIssecL-
Ing LIe crILIcuI deveIop-
menLs In LIe communI-
cuLIons ecosysLem, wILI
u Iocus on sLruLegy, In-
IrusLrucLure und servIces
drIvIng boLI LIe IndusLry
und Myunmur`s socIo-
economIc LrujecLory.
Myunmur gurnered
u IoL oI uLLenLIon, us IL
wus perceIved us LIe IusL
'goIdmIne` oI AsIu-PucII-
Ic, suId Andreus HIpp,
CEO oI EpsIIon, one oI
LIe speukers due Lo Luke
LIe sLuge uL conIerence
LIIs yeur.
A IoL oI uLLenLIon und
InvesLmenL Ius gone In
und hnuIIy LIe mobIIe II-
cence Ius been Issued.
BuL IookIng uL Iow Iong
LIuL Look Lo unIoId und
gIven IL`s noL so eusy In
LIe execuLIon, LIere`s sLIII
u IoL oI work Lo be done.
UnLII now, LIe counLry`s
soIe LeIecoms provIder Ius
been sLuLe-run Myunmur
PosL und TeIecommunI-
cuLIons (MPT), buL Oore-
doo Ius jusL IuuncIed ILs
LeIecoms servIces In My-
unmur und TeIenor pIuns
Lo IuuncI ILs own In Sep-
tember. However some
unuIysLs beIIeve LIuL MPT
muy Iuve LIe upper Iund
over ILs IoreIgn rIvuIs.
As u IocuIIy owned en-
LILy, MPT cun roII ouL u
neLwork IusLer - uL IeusL
In LIeory - becuuse IL cun
IoId Iund wILIouL resLrIc-
LIons, suId EdwIn Vun-
derbruggen oI Iuw hrm
VDB oI, u sponsor oI
Myunmur ConnecL zo1q,
wIIcI Ius omces In My-
unmur und neIgIbourIng
counLrIes.
oreIgn-owned compu-
nIes Iuve Lo jump LIrougI
more Ioops und LIuL
mIgIL sIow LIIngs down.
AccordIng Lo Myunmur`s
MInIsLry oI CommunIcu-
LIons und nIormuLIon
TecInoIogy, LIe IIcences
ure expecLed Lo Increuse
overuII LeIedensILy In LIe
regIon, us weII us deIIver
uordubIe pubIIc servIces
Lo boLI ruruI und urbun
ureus oI LIe counLry.
Ross Cormuck, CEO oI
Ooredoo Myunmur, uIso u
speuker uL Myunmur Con-
necL zo1q, suId LIuL LIe
compuny Iopes Lo IeIp
empower communILIes
wILI LeIecommunIcuLIons.
We ure workIng Lo de-
veIop u vIbrunL commu-
nIcuLIons ecosysLem LIuL
pIuces Ooredoo uL LIe
IeurL oI every commu-
nILy, IosLerIng IocuI enLre-
preneurIuI LuIenL, creuL-
Ing jobs Ior IocuI peopIe
und oerIng opporLunI-
LIes Ior IocuI busInesses,
Cormuck suId.
One oI LIe muIn Iur-
dIes LIuL Ius sIowed
down LIe momenLum In
deveIopmenLs Ius been
LIe buIIdIng oI Lowers
und InIrusLrucLure. How-
ever, sLuLe-run MPT Ius
Leumed up wILI Jupunese
wIreIess pIuyer KDD und
LIe hnuncIuI hrm SumI-
Lomo Corp Lo InvesL $z
bIIIIon over LIe nexL dec-
ude In InIrusLrucLure und
LIe IuuncI oI mobIIe und
broudbund servIces In LIe
counLry.
TIe orgunIsers suId LIe
IuLure pIuns Ior LIe LrIo
wIII be dIscussed durIng
LIe Myunmur ConnecL
zo1q operuLor keynoLe
presenLuLIons: SLruLegIc
nsIgILs und PIunnIng.
n uddILIon LIere wIII be
InLervIews wILI LIe execu-
LIves Lusked wILI buIIdIng
ouL Myunmur`s roII-ouL,
In wIIcI LIey wIII dIscuss
LIe cIuIIenges oI Iund
ownersIIp, munugIng
u skIIIed workIorce und
connecLIng cIuIIengIng
geogrupIIes, LIey udded.
Myunmur ConnecL zo1q
wIII Luke pIuce In Nuy PyI
Tuw on 16-1; SepLember.
Myanmar Summary
Myanmar Summary
. ~ e~_~ . ._.:~ hackathon
_. . ~ q, ~ , _. ~ .~ ~ ..
.,_. _e.._._.. developer
.:.._ . . ~, .~ ~ q .
_~.~.,q..: ~.~~..:.
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~._eq :..:_. . _e. ._ .e.
_e...'.:.~:._ ...~
. e .q..,. -~ .~~ ._.: ..
..:.~ ~....:.. ~.~
.:....:..q...,..:.~ ._
. ~.:~~~_..._~:.
~ ...:..q...,..:.~~~
~._eq:..: Hackathon ~
~...:...: q ~ ._ _ e.
._.
e._... _.,.:_._-,_.
._:~. . ~~ . . . e
.qe.:.~._. .|~e_.
q, e~..':.._.
~_._ _._ . q:e _e .~ .~~
..:.~~~ ~..q~,_._
.:.-~e~._.~.._e.
._ (USAID) Internews,
Ooredoo _.,.: IdeaBox,
Nescafe, RedBul l .
Singtech _.,.:~~ ...:.
.q...,..:.~~~ ~._eq:
..: Hackathon''~ ~_...
...:.._ .
Code for Change founder Bavid Madden announces Myanmar`s second hackathon at a press conference
in Yangon.
A
u
n
g

P
y
a
e
uIso ouLIIned LIe ImpucL
oI Code Ior CIunge`s
work on LIe burgeonIng
LecI IndusLry In Myun-
mur. Mudden cuIIed upon
LIe IndusLry Lo come Lo-
geLIer Ior LIe IuckuLIon
us u meuns oI coIIuboru-
LIon, wIIcI wIII Improve
und IurLIer connecL LIe
smuII LecI IndusLry In LIe
counLry.
JuIIun Gormun, Iounder
oI deubox - u LIInkLunk
powered by Ooredoo, suId
Ooredoo Is conhdenL
In LIe IocuI popuIuLIon`s
ubIIILy Lo InnovuLe.
TIe UnILed SLuLes
Agency Ior nLernuLIonuI
DeveIopmenL (USAD),
nLernews, Ooredoo My-
unmur, deubox und
NescuIe, RedBuII und
SIngLecI Myunmur ure
sponsorIng LIe Iuck-
uLIon.
TIe deudIIne Ior uppII-
cuLIons Lo purLIcIpuLe or
Lo submIL u probIem Is
rIduy, AugusL zz. More
InIormuLIon cun be Iound
on www.codeIorcIunge-
myunmur.org.
_. .. ._ . . ~~ ... ._
_ ., .:.~ . e .q. _ .:.
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_~._.
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._~...~~...,..~
~, .~ ._ .._.: .. . ._
~ . ... .. ... ._ ~._ _ e.
._.
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
28
INTERNATIONAL AND DOMESTIC FLIGHT SCHEDULE
Fliggh htss ffroom Yanggon (RGNN) to Bangkok ((BKK) Fliggh htss ffroom Banggkok (BKKK) to Yaangon (RGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
PG 706 1 2 3 4 5 6 7 RGN BKK 7:15 9:30 Bangkok Airways DD4230 1 2 3 4 5 6 7 DMK RGN 06:30 07:55 NOK Airlines
DD4231 1 2 3 4 5 6 7 RGN DMK 8:00 9:45 NOK Airlines 8M336 1 2 3 4 5 6 7 BKK RGN 6:40 7:25 MAI
FD2752 1 2 3 4 5 6 7 RGN DMK 8:30 10:15 Thai AirAsia FD2751 1 2 3 4 5 6 7 DMK RGN 7:15 8:00 Thai AirAsia
8M335 1 2 3 4 5 6 7 RGN BKK 8:40 10:25 MAI TG303 1 2 3 4 5 6 7 BKK RGN 8:00 8:45 Thai Airways
TG304 1 2 3 4 5 6 7 RGN BKK 9:50 11:45 Thai Airways PG701 1 2 3 4 5 6 7 BKK RGN 8:50 9:40 Bangkok Airways
PG702 1 2 3 4 5 6 7 RGN BKK 10:45 12:40 Bangkok Airways FD2755 1 2 3 4 5 6 7 DMK RGN 11:35 12:20 Thai AirAsia
Y5-237 1 2 3 4 5 6 7 RGN BKK 18:05 19:50 Golden Myanmar Airlines PG707 1 2 3 4 5 6 7 BKK RGN 13:40 14:30 Bangkok Airways
TG302 1 2 3 4 5 6 7 RGN BKK 14:45 16:40 Thai Airways Y5-238 1 2 3 4 5 6 7 BKK RGN 21:10 21:55 Golden Myanmar Airlines
PG703 1 2 3 4 5 6 7 RGN BKK 15:20 17:15 Bangkok Airways FD2753 1 2 3 4 5 6 7 DMK RGN 16:35 17:20 Thai AirAsia
8M331 1 2 3 4 5 6 7 RGN BKK 16:30 18:15 MAI PG703 1 2 3 4 5 6 7 BKK RGN 16:45 17:35 Bangkok Airways
FD2754 1 2 3 4 5 6 7 RGN DMK 17:50 19:35 Thai AirAsia TG305 1 2 3 4 5 6 7 BKK RGN 17:55 18:40 Thai Airways
PG704 1 2 3 4 5 6 7 RGN BKK 18:25 20:20 Bangkok Airways DD4238 1 2 3 4 5 6 7 BKK RGN 19:30 20:15 NOK Airlines
TG306 1 2 3 4 5 6 7 RGN BKK 19:40 21:35 Thai Airways 8M332 1 2 3 4 5 6 7 BKK RGN 19:20 20:05 MAI
DD4239 1 2 3 4 5 6 7 RGN DMK 21:00 22:45 NOK Airlines PG705 1 2 3 4 5 6 7 BKK RGN 20:00 21:15 Bangkok Airways
FFliggh htss ffroom m Yangoon (RGN)) to Chiaang Maii (CNX) FFliggh htss ffroom m Chiangg Mai (CCNX) to YYangon (RGN)
W9-9607 4 7 RGN CNX 14:50 16:20 Air Bagan W9-9608 4 7 CNX RGN 17:20 17:50 Air Bagan
Flligghtss ffroom Yanggon (RGNN) to Sinngapore (SIN) Flligghtss ffroom Singaapore (SIN) to Yangon ((RGN)
Y5-233 1 2 3 4 5 6 7 RGN SIN 10:10 14:40 Golden Myanmar Airlines Y5-234 1 2 3 4 5 6 7 SIN RGN 15:35 17:05 Golden Myanmar Airlines
MI509 1 6 RGN SIN 0:25 5;00 SilkAir SQ998 1 2 3 4 5 6 7 SIN RGN 7:55 9:20 Singapore Airline
8M231 1 2 3 4 5 6 7 RGN SIN 8:30 13:00 MAI 8M6231/3K585 1 3 4 5 6 SIN RGN 9:10 10:40 Jetstar Asia
SQ997 1 2 3 4 5 6 7 RGN SIN 10:25 14:45 Singapore Airline 8M232 1 2 3 4 5 6 7 SIN RGN 14:10 15:40 MAI
8M6232/3K586 1 3 4 5 6 RGN SIN 11:30 16:05 Jetstar Asia MI518 1 2 3 4 5 6 7 SIN RGN 14:20 15:45 SilkAir
8M233 5 6 7 RGN SIN 13:45 18:15 MAI 8M235 5 6 7 SIN RGN 19:15 20:45 MAI
TR2827 1 2 3 4 5 6 7 RGN SIN 19:05 23:40 TigerAir TR2826 1 2 3 4 5 6 7 SIN RGN 17:05 18:25 TigerAir
MI517 1 2 3 4 5 6 7 RGN SIN 16:40 21:15 SilkAir MI520 5 7 SIN RGN 22:10 23:35 SilkAir
FFliightts frromm Yangonn (RGN) tto Kualaa Lumpuur (KUL) Fligghtts frro om m Kuala LLumpur (KUL)too Yangonn (RGN)
AK1427 1 2 3 4 5 6 7 RGN KUL 8:30 12:50 AirAsia AK1426 1 2 3 4 5 6 7 KUL RGN 6:55 8:00 AirAsia
8M501 1 2 3 4 5 6 7 RGN KUL 8:55 12:55 MAI MH740 1 2 3 4 5 6 7 KUL RGN 10:05 11:15 Malaysia Airlines
MH741 1 2 3 4 5 6 7 RGN KUL 12:15 16:30 Malaysia Airlines 8M502 1 2 3 4 5 6 7 KUL RGN 14:00 15:00 MAI
Fligghtts frrom Yanngon (RGGN) to HHanoi (HHAN) Fligghtts frrom Hannoi (HANN) to Yanngon (RRGN)
VN956 1 3 5 6 7 RGN HAN 19:10 21:30 Vietnam Airlines VN957 1 3 5 6 7 HAN RGN 16:35 18:10 Vietnam Airlines
Flliggh htss ffroom m Yangon (RGN) to Ho CChi Minhh (SGN) Flliggh htss ffroom m Ho Chii Minh (SSGN) to Yangonn (RGN)
VN942 2 4 7 RGN SGN 14:25 17:10 Vietnam Airlines VN943 2 4 7 SGN RGN 11:40 13:25 Vietnam Airlines
Flligghtss ffrom Yanngon (RGGN) to TTaipei (TTPE) Flligghtss ffrom Taipei (TPEE) to Yanngon (RGN)
CI7916 1 2 3 4 5 6 RGN TPE 10:50 16:10 China Airline CI7915 1 2 3 4 5 6 7 TPE RGN 7:15 10:05 China Airline
BR288 2 5 6 RGN TPE 11:35 17:20 EVA Air BR287 2 5 6 TPE RGN 7:30 10:35 EVA Air
Flliggh htss ffroom Yanggon (RGNN) to Kunming(KMG) Flliggh htss ffroom Kunmming(KMMG) to Yangon ((RGN)
CA906 2 3 4 6 7 RGN KMG 14:15 17:35 Air China CA905 2 3 4 6 7 KMG RGN 12:40 13:15 Air China
MU2032 1 2 3 4 5 6 7 RGN KMG 14:40 17:55 China Eastern MU2031 1 2 3 4 5 6 7 KMG RGN 13:30 14:00 China Eastern
MU2012 3 6 RGN KMG 12:20 18:10 China Eastern (via NNG) MU2011 3 6 KMG RGN 8:25 11:30 China Eastern (via NNG)
Flligghtss from Yanngon (RGGN) to BBeijing (BJS) Flligghtss from Beijjing (BJSS) to Yanngon (RRGN)
CA906 2 3 4 6 7 RGN BJS 14:15 21:55 Air China (via KMG) CA905 2 3 4 6 7 BJS RGN 8:05 13:15 Air China (via KMG)
Fliggh htss ffroom Yanggon (RGNN) to Naanning (NNG) Fliggh htss ffroom Nannning (NNNG) to Yaangon ((RGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
MU2012 3 6 RGN NNG 12:20 16:25 China Eastern MU2011 3 6 NNG RGN 10:15 11:30 China Eastern
FFliggh htss ffroom m Yangoon (RGN)) to Honng Kong (HKG) HHonng g KKoong (HKG) Flights from Yaangon ((RGN)
KA251 1 2 4 6 RGN HKG 1:10 5:35 Dragon Air KA250 1 3 5 7 HKG RGN 21:50 23:45 Dragon Air
*PPleaasee noote thee dday change for the deparrture time too Hong Kongg.
Flliggh htss ffroom m Yangon (RGN) to Guanng Zhouu (CAN) Flliggh htss ffroom m Guang Zhou (CCAN) to Yangonn (RGN)
8M711 2 4 7 RGN CAN 8:40 13:15 MAI CZ3055 3 6 CAN RGN 8:40 10:30 China Southern Airlines
CZ3056 3 6 RGN CAN 11:20 15:50 China Southern Airline 8M712 2 4 7 CAN RGN 14:15 15:45 MAI
CZ3056 1 5 RGN CAN 17:40 22:15 China Southern Airline CZ3055 1 5 CAN RGN 14:45 16:35 China Southern Airlines
FFlighhts ffroom Yanggon (RGN) to Koolkata (CCCU) FFlighhts ffroom Kolkkata (CCUU) to Yaangon (RRGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
AI228 5 RGN CCU 18:45 19:45 Air India AI227 1 5 CCU RGN 10:35 13:20 Air India
AI234 1 5 RGN CCU 13:40 16:55 Air India (via GAY) AI233 5 CCU RGN 13:30 18:00 Air India (via GAY)
Fliggh htss ffrom Yanngon (RGGN) to GGaya (GAAY) Fliggh htss ffrom Gayya (GAY) to Yanngon (RGGN)
8M 601 1 3 5 6 RGN GAY 10:30 11:50 MAI 8M 602 1 3 5 6 GAY RGN 12:50 16:00 MAI
AI234 1 5 RGN GAY 13:40 15:00 Air India AI233 5 GAY RGN 15:00 18:00 Air India
Fligghtts frrom Yanngon (RGGN) to TTokyo (NNRT) FFliightts frrom Tokkyo (NRTT) to Yaangon (RRGN)
NH914 1 3 6 RGN NRT 22:00 06:40+1 ALL NIPPON Airways NH913 1 3 6 NRT RGN 11:10 17:05 ALL NIPPON Airways
FFliggh htss ffrom Yanngon (RGGN) to SSeoul (ICCN) FFliggh htss ffrom Seooul (ICN)) to Yanngon (RGGN)
KE472 1 3 5 7 RGN ICN 0:05 8:00 Korean Air KE471 1 2 3 4 5 6 7 ICN RGN 18:40 22:55 Korean Air
OZ7463 4 7 RGN ICN 0:50 8:50 Asiana OZ4753 3 6 ICN RGN 19:30 23:40 Asiana
Flligghtss ffrom Yanngon (RGGN) to DDoha (DOOH) Flightts frrom Dohha (DOH) to Yangon (RRGN)
QR619 1 2 3 4 5 6 7 RGN DOH 8:00 11:45 Qatar Airways QR618 1 2 3 4 5 6 7 DOH RGN 21:05 06:29+1 Qatar Airways
Flliggh htss ffroom m Yangon (RGN) to Nay Pyi Taww (NYT) Flliggh htss ffroom m Nay Pyyi Taw (NNYT) to Yangonn (RGN)
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
FMI-A1 1 2 3 4 5 RGN NYT 7:30 8:30 FMI Air Charter FMI-A2 1 2 3 4 5 NYT RGN 8:50 9:50 FMI Air Charter
FMI-B1 1 2 3 4 5 RGN NYT 11:30 12:30 FMI Air Charter FMI-B2 1 2 3 4 5 NYT RGN 13:00 14:00 FMI Air Charter
FMI-C1 1 2 3 4 5 RGN NYT 16:30 17:30 FMI Air Charter FMI-C2 1 2 3 4 5 NYT RGN 18:00 19:00 FMI Air Charter
FMI-A1 6 RGN NYT 8:00 9:00 FMI Air Charter FMI-A2 6 NYT RGN 10:00 11:00 FMI Air Charter
FMI-A1 7 RGN NYT 15:30 16:30 FMI Air Charter FMI-A2 7 NYT RGN 17:00 18:00 FMI Air Charter
FFliightts frrom Yangoon (RGN) to Manndalay ((MDY) FFliightts frrom Manddalay (MDDY) to YYangon (RGN)
Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 Golden Myanmar Airlines Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 Golden Myanmar Airlines
YH 909 2 4 6 7 RGN MDY 6:30 8:10 Yangon Airways YH 910 1 3 MDY RGN 7:40 10:30 Yangon Airways
YH 917 1 2 3 4 5 6 7 RGN MDY 6:10 8:30 Yangon Airways YH 918 1 2 3 4 6 7 MDY RGN 8:30 10:25 Yangon Airways
YH 727 1 5 RGN MDY 11:15 13:25 Yangon Airways YH 728 1 5 MDY RGN 9:10 11:05 Yangon Airways
YH 731 1 2 3 4 5 6 7 RGN MDY 15:00 17:10 Yangon Airways YH 732 1 2 3 4 5 6 MDY RGN 17:10 19:15 Yangon Airways
W9 501 1 2 3 4 RGN MDY 6:00 7:25 Air Bagan W9 502 1 2 3 4 MDY RGN 16:10 18:15 Air Bagan
K7 222 1 2 3 4 5 6 7 RGN MDY 6:30 8:40 Air KBZ K7 223 1 2 3 4 5 6 7 MDY RGN 9:00 11:05 Air KBZ
YJ 201 1 2 3 4 5 6 7 RGN MDY 11:30 12:55 Asian Wings YJ 202 1 2 3 4 5 6 7 MDY RGN 16:00 17:25 Asian Wings
Flight No. DDayss From To ETD ETA Operated by: Flight No. DDayss From To ETD ETA Operated by:
Y5-234 1 2 3 4 5 6 7 RGN MDY 6:15 7:30 Golden Myanmar Airlines Y5-233 1 2 3 4 5 6 7 MDY RGN 8:10 9:25 Golden Myanmar Airlines
Days - (1) Monday (2) TTueesdaay (33) WWeddnessdaay (4) Thursdayy (5) Friday (6) SSaturday (7) Suunday Days - (1) Monday (2) TTueesdaay (33) WWeddnessdaay (4) Thursdayy (5) Friday (6) SSaturday (7) Suunday
Mann Yadanarpon Airlines
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
IT & TELECOM
29
Myanmar Summary
Telenors Net Monday Expands to Mandalay
Aung Phyo
T
eIenor Myunmur
Ius expunded ILs
NeL Monduy InI-
LIuLIve by IoIdIng LIe hrsL
ever evenL In MunduIuy.
TIe hrsL NeL Monduy
ouLsIde Yungon wus IeId
uL MunduIuy UnIversILy
wILI TeIenor`s purLner,
WIkIpedIu Myunmur.
TIe monLIIy guLIerIng,
wIIcI Iocuses on connec-
LIvILy und InLerneL Ior uII,
wIII be urrunged In more
IocuLIons nuLIonwIde uI-
Ler LIe TeIenor neLwork
IuuncIes In SepLember
und more coveruge ureus
ure udded, LIe NorwegIun
hrm suId.
TIIs Is LIe second LIme
TeIenor IosLed u NeL
Monduy evenL wILI WIkI-
pedIu uL u unIversILy. n
June, z1oo sLudenLs Irom
Dugon UnIversILy IeurnL
ubouL LIe roIe oI nLerneL
connecLIvILy In promoL-
Ing IeurnIng und uccess
Lo onIIne knowIedge Irom
WIkIpedIu.
NeL Monduy wus
IuuncIed In MurcI us u
dIscussIon Iorum on Iow
Lo muke InLerneL more
uccessIbIe Ior peopIe on
Myunmur, IocusIng on Io-
cuI conLenL, neLwork und
access.
TIe NeL Monduy evenLs
ure LuIIored Lo LIe grow-
Ing dIgILuI und onIIne
MySQUAR Launches Free Mobile Messaging App for Myanmar
May Soe San
L
ocuI conLenL pIuL-
Iorm MySQUAR
suId IL Ius beLu-
IuuncIed MyCIuL, u Iree
mobIIe messugIng upp
buIIL soIeIy Ior Myunmur.
AvuIIubIe on AndroId
devIces, MyCIuL Is LuI-
Iored Ior LIe Myunmur
murkeL wILI IocuIIsed
Iunguuge, Iook und IeeI
us weII us emoLIcons und
sLIcker seLs, LIe hrm suId.
MySQUAR`s cIIeI mIs-
sIon Is Lo connecL Myun-
mur youLI wILI experI-
ences buIIL jusL Ior LIem,
Indu Im, CEO oI MyS-
QUAR, suId In u sLuLe-
menL.
WILI MyCIuL, our gouI
Is Lo provIde u compIeLeIy
LuIIored messugIng upp
opLImIsed Ior LIe Myun-
mur murkeL so youLI cun
connecL wILI LIeIr IrIends
und hnd new ones eusIIy.
TIe hrm suId wILI IuII
prohIe opLIons, users cun
upIoud u pIoLo, seL u sLu-
Lus und creuLe u dIspIuy
nume Lo express LIeIr
besL seIves.
MySQUAR udded LIuL
LIe upp wIII be IusL und eI-
hcIenL wILI perIormunce
opLImIsed Ior Myunmur,
uIIowIng users Lo cIuL
wILI IrIends und hnd new
ones.
Myunmur youLI wIII be
ubIe Lo use IconIc Myun-
mur cIurucLer und Loy
sLIckers sucI us PIo Wu
Yoke, PIo TIur HLoo or
IuvorILe IrIends U SIwe
Yoe & Duw Moe In LIe
upp, MySQUAR suId.
TIese cusLomIsed sLIcker
seLs wIII keep conversu-
LIons creuLIve und coIour-
IuI, wILI new sLIckers und
emoLIcons beIng udded
on u conLInuuI busIs, LIe
hrm udded.
TIe upp connecLs users
Lo exIsLIng IrIends wIIIe
uIso InLroducIng LIem
Lo new ones LIrougI LIe
LIe ook Around Ieu-
Lure, wIIcI uIIows users
Lo hnd und connecL wILI
new IrIends In LIe ureu.
MyCIuL wIII IIgIIIgIL
up Lo 1oo poLenLIuI new
IrIends, runked by prox-
ImILy, uIIowIng users Lo
meeL peopIe boLI IocuIIy
und ubroud II LruveIIIng.
communILy In Myunmur
und IeuLure presenLuLIons
on key LopIcs oI connec-
LIvILy wILI TeIenor`s IocuI
purLners, puneI dIscus-
sIons, und Q&A sessIons.
Myanmar Summary
MyChat weIcome screen, MyChat Myanmar stickers, MyChat message
TeIenor`s Net Monday session in MandaIay.
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qq ..q, _e. ._~: .MySQUAR
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August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
SOCIAL SCENES
30
Lifebuoy Health Soap
Launch Event & Hand
Washing Programs
Delegates at the event. Wai Linn Kyaw
Delegates at the event. Wai Linn Kyaw
Daw Khin Khin Kyawt, chairman of Myanmar Marketing
Service Association, speaks at the event. Wai Linn Kyaw
John Smurthwaite from TNS, Malaysia gives his presena-
tion. Wai Linn Kyaw
Marita Schimpl, ESOMAR Representative for Myan-
mar, gives her speech. Wai Linn Kyaw
Anna Tomas from Nunwood, Australia presents a
case study. Wai linn Kyaw
Phyllis Mcfarlane from GFK, UK, gives her presenta-
tion. Wai Linn Kyaw
John Baird (L), Canadian minister for foreign afairs,
Mark McDowell (M), Canadas ambassador to Myan-
mar, and U Tant Kyaw, deputy minister for foreign af-
fairs, inaugurates the Canadian embassy. Mangosteen
John Baird, Canadian minister for foreign afairs, gives his
speech. Mangosteen
U Tant Kyaw, deputy minister for foreign afairs, gives
his speech. Mangosteen
John Baird, Canadian minister for foreign afairs,
speaks to the media. Mangosteen
Opening Ceremony of the Canadian
Embassy in Yangon
Best of Myanmar 2014 - MMSA-ESOMAR Research Seminar
An MMSA delegate gives his speech. Wai Linn Kyaw
Delegates pose with kids for a photo. Mangosteen Attendants at the event. Mangosteen
Te launch of Lifebuoy soap from Unilever. Mangosteen Kids take part in Lifebuoys Handwashing program. Mangosteen Te launch of Lifebuoys Handwashing program. Mangosteen
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
CLASSIFIEDS
31
August 21-27, 2014
Myanmar Business Today
mmbiztoday.com
32
ENTERTAINMENT
Telenor Selects Tune Star Finalists
from Kayin And Yangon
Phyo Tu
N
orway-based telecoms
hrm TeIenor Myunmur
unnounced LIe LIree
hnuIIsLs oI ILs Tune SLur Con-
LesL IusL week. TIe young musIc
enLIusIusLs ure Irom KuyIn und
Yungon und were seIecLed Irom
over 8,oo enLrIes Irom ucross
LIe counLry.
TIe pubIIc now Ius LIe
opporLunILy Lo voLe Ior LIeIr
IuvourILe Lune, wIIcI wIII be
used us TeIenor`s uudIo IdenLILy
wIen LIe compuny IuuncIes ILs
mobIIe neLwork In SepLember.
VoLIng sLurLed on AugusL 1z
und wIII conLInue unLII AugusL
1q.
TIose wIo voLe wIII Iuve LIe
cIunce Lo wIn In u Iucky druw
oI 1oo mobIIe IundseLs worLI
K1oo,ooo ($1o). TIe voL-
Ing process wIII Luke pIuce on
TeIenor Myunmur`s om cIuI u-
cebook puge - www.Iucebook.
comJTeIenorMyunmur - wIere
LIe voLers cun IIsLen Lo LIe re-
cordIngs oI LIe LIree sIorLIIsL-
ed Lunes. VoLers cun uIso cuII
LIe Tune SLur IoLIIne on o1z
qq 6;8 or by sendIng un SMS
wILI LIeIr cIosen wInner - S1,
Sz or S - Lo 188;;.
One oI LIe hnuIIsLs, zq-yeur-
oId EI Nuy HLoo Is Irom Hpu
An, u Lown oI o,ooo peopIe In
KuyIn sLuLe. AILer hndIng ouL
ubouL LIe conLesL on ucebook,
Ie composed LIe Lune on LIe
pIuno und submILLed IIs song
dIgILuIIy Irom IIs Iome Lown.
EI Nuy HLoo suId, um
IncredIbIy excILed ubouL beIng
seIecLed us u hnuIIsL und LIe
possIbIIILy oI my Lune becom-
Ing LIe uudIo IdenLILy oI TeI-
enor. L wouId be un Ionour Ior
me, us u member oI LIe Hpu-
An communILy, Lo creuLe u Lune
LIuL wIII be Ieurd by peopIe
nuLIonwIde.
ynn MyuL Aung, z1, LIe
IInuIIsL Irom Yungon`s Pu-
zunduung LownsIIp, creuLed
IIs Lune on u guILur, com-
posed IL LIrougI dIgILuI uudIo
soILwure on IIs compuLer und
The three naIists (from Ieft to right). EI Nay Htoo, Iynn Myat Aung and Thaw Zin Hein when they recorded their shortIisted
tunes in a studio in Yangon.
submILLed IL LIrougI one oI
TeIenor`s SepLember poInL oI
sales.
He suId, TIIs Lune meuns u
IoL Lo me becuuse my broLIer
und worked on composIng
und recordIng IL LogeLIer. My
IumIIy und IrIends uL Iome
ure so excILed LIuL Iuve been
seIecLed us u hnuIIsL. Iuve be-
come more conhdenL und Iuve
decIded Lo IoIIow my pussIon II
wIn.
z-yeur-oId hnuIIsL TIuw
ZIn HeIn Irom HIuIng Lown-
sIIp, Yungon, uIso submILLed
LIrougI one oI TeIenor`s suIes
purLners.
He suId, composed my sub-
mIssIon on u guILur und record-
ed IL uL Iome myseII. cun`L
beIIeve my Iomegrown meIody
Ius mude IL Lo LIe hnuIs. Iuve
uIwuys IoIIowed musIc us IL
Is my pussIon und IeeI IIke
my Iurd work Is hnuIIy beIng
recognIzed. L Is greuL Lo Iuve u
compeLILIon LIuL everyone cun
joIn und be u purL oI.
TIe LIree hnuIIsLs Iud LIe
opporLunILy Lo work wILI some
oI Myunmur`s ceIebruLed musI-
cIuns Lo record LIeIr sIorLIIsLed
meIody In u proIessIonuI sLudIo
In Yungon. TIe musIcIuns,
ynn ynn, Derumo und KIIn
MyuL Mon, were uIso LIe judges
Ior LIe conLesL uIongsIde eIgIL
seIecL TeIenor empIoyees.
We ure Iuppy LIuL TeIenor
Ius orgunIsed LIe Tune SLur
ConLesL us IL Is un exceIIenL
pIuLIorm Ior everyone In My-
unmur Lo sIowcuse our pussIon
Ior musIc und creuLIvILy. `ve
Iud LIe opporLunILy oI u sneuk
prevIew oI LIe LIree sIorLIIsLed
Lunes und LIey were uII oI reuIIy
IIgI cuIIbre. Iook Iorwurd Lo
IeurIng wIIcI Lune LIe peopIe
oI Myunmur evenLuuIIy seIecL
us LIe hrsL mobIIe musIc sLur,
suId Ko Aung Zuyur Muung,
munuger oI egucy MusIc
Acudemy Myunmur.
TIe wInner oI LIe nuLIonwIde
conLesL wIII wIn K1o mIIIIon
und become Myunmur`s hrsL
mobIIe musIc sLur. TIe wInnIng
Lune wIII be pIuyed ucross LIe
counLry us un excIusIve uudIo
IdenLILy Ior TeIenor wIen LIe
LeIecoms compuny IuuncIes
mobIIe servIces In SepLember.
TIe Lune wIII be IeuLured
wIerever cusLomers encoun-
Ler und use TeIenor`s servIces,
wIIcI meuns LIuL peopIe ucross
Myunmur wIII Ieur LIe meIody
us u rIng Lune, In uuLomuLed
messuges or wIen LIey cuII LIe
TeIenor cuII cenLre.
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EI Nay Htoo Iynn Myat Aung Thaw Zin Hein
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