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1 538055 / (+95) 1 2304999
Rangoon Private Hospitals Asia Royal Hospital 14 Baho Road, Sanchaung Township, Rangoon (+95) 1 538055 / (+95) 1 2304999 Email address: [email protected] Website: www.asiaroyalhospital.com/ Bumrungrad Clinic 77 Pyidaungsu Yeiktha Road, Dagon Township, Rangoon (+95) 1 2302420, 21, 22, 23 Website: www.bumrungrad.com/yangon-1 Note: Not open 24 hours International SOS Clinic Dusit Inya Lake Resort, 37 Kaba Aye Pagoda Road, Rangoon (+95) 1 657922 / (+95) 1 667866 Website: www.internationalsos.com/en/about-our-clinics_myanmar_3333.htm Pun Hlaing Siloam Hospital Pun Hlain Golf Estate Avenue, Hlaing Tharyar Township, Rangoon (+95) 1 3684336 Emergency Ambulance: (+95) 1 684411 Email address: [email protected] Website: www.punhlaingsiloamhospitals.com Samitivej International Clinic at Parami Hospital 11th Floor of Parami Hospital, 60 (G-1) New Parami Road, Mayangon Township, Rangoon (+95) 1 657987 / (+95) 1 657592 / +95 1 656732 / (+95) 1 660545 / (+95) 9 3333259 Email address: info@[email protected] Victoria (Witoriya) Hospital/LEO Medicare 68 Taw Win Street, 9 Mile, Mayangone Township, Rangoon (+95) 1 9666141 Email address: [email protected] Website: www.victoriahospitalmyanmar.com/ Rangoon Public Hospitals Yangon General Hospital Bogyoke Aung San Road 9 Ward, Latha Township, Rangoon (+95) 1 256112-131 Yangon Childrens Hospital (Ahlone) 2 Pyidaungsu Yeiktha Road, Ahlone Township, Rangoon (+95) 1 221421 / (+95) 1 222807 Yangon Mental Health Hospital Yhar Tar Gyi Ward, East Dagon Township, Rangoon (+95) 1 2306400 Yankin Childrens Hospital 90 Thitsa Road, Yankin Township, Rangoon (+95) 1 8550684-9 Rangoon Dental Care Dental Clinic Sakura Tower, 2nd Floor, 339 Bogyoke Aung San Street, Kyauktada Township, Rangoon (+95) 1 255118 Email address: [email protected]; [email protected] Website: www.dentist-myanmar.com Evergreen Dental Care No. -
Business Conglomerates in the Context of Myanmar's Economic
Chapter 6 Business Conglomerates in the Context of Myanmar’s Economic Reform Aung Min and Toshihiro Kudo Abstract The purpose of this paper is to identify the role of conglomerates in the context of Myanmar’s economic reform process. The paper addresses the research question of the role of business conglomerates and the Myanmar economy, such as are they growth engines or just political cronies? We select some of the top conglomerates in Myanmar and assess their profile, performance, and strategies and examine the sources of growth and limitations for future growth and prospects. The top groups chosen for this paper are Htoo, Kanbawza, Max, Asia World, IGE, Shwe Taung, Serge Pun Associates (SPA)/First Myanmar Investment Group of Companies (FMI), Loi Hein, IBTC, Myanmar Economic Corporation (MEC), and Union of Myanmar Economic Holdings Ltd. (UMEHL). There are other local conglomerates that this paper does not address and they include Shwe Than Lwin Group, Eden Group, Capital and Dagon International etc., which are suggested for further research about Myanmar’s conglomerates in the future. Sources of growth and key success factors of the top business groups are their connection with government, contact with foreign partners, and their competency in the past and present. In the context of the economic reform, previously favored business people appear to recognize that the risks of challenging economic reform could outweigh the likely benefits. In addition, some of the founders and top management of the conglomerates are still subject to US sanctions. Market openness, media monitoring, competition by local and foreign players, sanctions, and the changing trends of policy and the economy limit the growth of conglomerates. -
Military Brotherhood Between Thailand and Myanmar: from Ruling to Governing the Borderlands
1 Military Brotherhood between Thailand and Myanmar: From Ruling to Governing the Borderlands Naruemon Thabchumphon, Carl Middleton, Zaw Aung, Surada Chundasutathanakul, and Fransiskus Adrian Tarmedi1, 2 Paper presented at the 4th Conference of the Asian Borderlands Research Network conference “Activated Borders: Re-openings, Ruptures and Relationships”, 8-10 December 2014 Southeast Asia Research Centre, City University of Hong Kong 1. Introduction Signaling a new phase of cooperation between Thailand and Myanmar, on 9 October 2014, Thailand’s new Prime Minister, General Prayuth Chan-o-cha took a two-day trip to Myanmar where he met with high-ranked officials in the capital Nay Pi Taw, including President Thein Sein. That this was Prime Minister Prayuth’s first overseas visit since becoming Prime Minister underscored the significance of Thailand’s relationship with Myanmar. During their meeting, Prime Minister Prayuth and President Thein Sein agreed to better regulate border areas and deepen their cooperation on border related issues, including on illicit drugs, formal and illegal migrant labor, including how to more efficiently regulate labor and make Myanmar migrant registration processes more efficient in Thailand, human trafficking, and plans to develop economic zones along border areas – for example, in Mae 3 Sot district of Tak province - to boost trade, investment and create jobs in the areas . With a stated goal of facilitating border trade, 3 pairs of adjacent provinces were named as “sister provinces” under Memorandums of Understanding between Myanmar and Thailand signed by the respective Provincial governors during the trip.4 Sharing more than 2000 kilometer of border, both leaders reportedly understood these issues as “partnership matters for security and development” (Bangkok Post, 2014). -
Myanmar's Important Position to Enhance Regional Connectivity
Myanmar’s Important Position to Enhance Regional Connectivity TEXT Presentation at International Conference to Commemorate the 20th Anniversary of ASEAN-India Cooperation, Chulalongkorn University, Bangkok, 20-21 September 2012 Tin Htoo Naing Yangon institute of Economics Myanmar • The new government, in office since April 2011, has ushered in a new era for Myanmar. • It is the first democratically elected government to come to power through general elections in five decades. • The government has put in place measures to achieve positive changes in political, economic and social spheres in line with the market conditions and international circumstances. • The genuineness of the democratic reforms carried out by the new government is widely questioned. • Some observers generally accept that the reforms have been genuine and are likely to be irreversible, but believe that the rush to reform may possibly cause burnout in Myanmar because the financial, technical and managerial capacity of the government institutions and all stakeholders fall behind the pace of reforms. • In politics, although it cannot be said that political conflicts and struggles for democracy that have been locked in many years of stalemate have been resolved, cooperation on the common grounds has become a possibility based on the concept of unity in diversity. • In the ethnic affairs, negotiations have been carried out with almost all the nationality organisations that have been engaged in armed insurrection for decades and most of them have resulted in preliminary agreements and successes while some racial strife remain and delay the reform process. • In the economic sphere, development ideologies and strategies are also to be altered in accordance with the change of government system. -
Miximizing Stakeholder Value Through Corporate Sustainability Table of Contents
MIXIMIZING STAKEHOLDER VALUE THROUGH CORPORATE SUSTAINABILITY TABLE OF CONTENTS LETTER FROM CHAIRMAN EXECUTIVE BOARD CORPORATE CULTURE • Vision, Mission, Value • Our People • Milestones • Group Structure • Our Management CORPORATE GOVERNANCE • Sustainability Matrix FINANCIAL HIGHLIGHTS • Financial Review • Consolidated Revenue and Net Income BUSINESS SECTORS • Energy • Hotel • Construction • Highway • Manufacturing • Trading • Agriculture CORPORATE SOCIAL RESPONSIBILITY (CSR) • Employee Engagement • Community and Environment Engagement • United Nations Global Compact (UNGC) • AYEYARWADY FOUNDATION Letter from Chairman Pursuing excellence, embracing changes, acting with integrity and laying strong foundation for the future success Greeting from Max Myanmar. It gives me great pleasure to report that 2015-2016 financial year was another year of excellent progress and growth for Max Myanmar. From our company’s inception in 1993, each subsidiary of Max Myanmar has been continuously delivering greater services to our stakeholders. We are always striving hard to increase our core values of the goodwill to the people in general and the local com- munity in particular, pursuing excellence, embracing changes, acting with integrity and laying strong foundation for the future success of Myanmar. With an ambitious and a vibrant restructuring pro- gram, we have strived to transform ourselves into a Group of Companies with international practices. It has been another strong year of record result for Max Myanmar Group as we continue to execute our strategy, with revenue from core operations in 2015-16 increasing to USD 210.67 million. This is an exceptional achievement contributing by the opening of Novotel Yangon Max Hotel in April 2015. Max Hotels Group has the highest gross profit among the Max Myanmar Group entities at c.64%, which is attributable to higher occupancy rate arising from the opening of Novotel Yangon Hotel and income from outlet space rental in Novotel. -
Country Report Myanmar
Country Report Myanmar Natural Disaster Risk Assessment and Area Business Continuity Plan Formulation for Industrial Agglomerated Areas in the ASEAN Region March 2015 AHA CENTRE Japan International Cooperation Agency OYO International Corporation Mitsubishi Research Institute, Inc. CTI Engineering International Co., Ltd. Overview of the Country Basic Information of Myanmar 1), 2), 3) National Flag Country Name Long form: Republic of the Union of Myanmar Short form: Myanmar Capital Naypidaw Area (km2) Total : 676,590 Land: 653,290 Inland Water: 23,300 Population 53,259,018 Population density 82 (people/km2 of land area) Population growth 0.9 (annual %) Urban population 33 (% of total) Languages Myanmar Ethnic Groups Burmese (about 70%),many other ethnic groups Religions Buddhism (90%), Christianity, Islam, others GDP (current US$) (billion) 55(Estimate) GNI per capita, PPP - (current international $) GDP growth (annual %) 6.4(Estimate) Agriculture, value added 48 (% of GDP) Industry, value added 16 (% of GDP) Services, etc., value added 35 (% of GDP) Brief Description Myanmar covers the western part of Indochina Peninsula, and the land area is about 1.8 times the size of Japan. Myanmar has a long territory stretching north to south, with the Irrawaddy River running through the heart of the country. While Burmese is the largest ethnic group in the country, the country has many ethnic minorities. Myanmar joined ASEAN on July 23, 1997, together with Laos. Due to the isolationist policy adopted by the military government led by Ne Win which continued until 1988, the economic development of Myanmar fell far behind other ASEAN countries. Today, Myanmar is a republic, and President Thein Sein is the head of state. -
Federal Register/Vol. 81, No. 210/Monday, October 31, 2016/Notices TREASURY—NBES FEE SCHEDULE—EFFECTIVE JANUARY 3, 2017
75488 Federal Register / Vol. 81, No. 210 / Monday, October 31, 2016 / Notices Federal Reserve System also charges a reflective of costs associated with the The fees described in this notice funds movement fee for each of these processing of securities transfers. The apply only to the transfer of Treasury transactions for the funds settlement off-line surcharge, which is in addition book-entry securities held on NBES. component of a Treasury securities to the basic fee and the funds movement Information concerning fees for book- transfer.1 The surcharge for an off-line fee, reflects the additional processing entry transfers of Government Agency Treasury book-entry securities transfer costs associated with the manual securities, which are priced by the will increase from $50.00 to $70.00. Off- processing of off-line securities Federal Reserve, is set out in a separate line refers to the sending and receiving transfers. Federal Register notice published by of transfer messages to or from a Federal Treasury does not charge a fee for the Federal Reserve. Reserve Bank by means other than on- account maintenance, the stripping and line access, such as by written, reconstitution of Treasury securities, the The following is the Treasury fee facsimile, or telephone voice wires associated with original issues, or schedule that will take effect on January instruction. The basic transfer fee interest and redemption payments. 3, 2017, for book-entry transfers on assessed to both sends and receives is Treasury currently absorbs these costs. NBES: TREASURY—NBES FEE SCHEDULE—EFFECTIVE JANUARY 3, 2017 [In dollars] Off-line Transfer type Basic fee surcharge On-line transfer originated ...................................................................................................................................... -
Flash Alert – Covid-19 Pandemic in Myanmar: Details on 24 Sept Evening and 25 Sept Morning Cases Friday, September 25, 2020
Flash alert – Covid-19 Pandemic in Myanmar: Details on 24 Sept Evening and 25 Sept Morning Cases Friday, September 25, 2020 As we reported in our previous flash alerts, 5161 new Covid-19 cases were identified yesterday evening at 20:00 Hrs and 171 new cases today at 08:00 Hrs, i.e. a total of 687 cases in 24 hours, the most massive 24-hour increase since the beginning of the pandemic. Since the beginning of the second Covid-19 wave on 16 August, 8,140 positive cases have been identified in Myanmar, i.e. 8,514 people since the beginning of the pandemic in March. Yesterday evening and today morning, 8 deaths were reported, and between this morning and this evening at 18:30, 17 more people died. In total, 172 people have died of Covid-19 since the beginning of the epidemic. At 17:00 Hrs, the MoHS released the spatial breakdown of those 687 cases: 572 in Yangon Region, 32 in Rakhine State, 30 in Ayeyarwaddy Region, 18 in Mandalay Region, 10 in Bago Region, 10 in Mon State, 8 in Sagaing Region, 3 in Thanintaryi Region, 2 in Nay Pyi Taw, 1 in Kayin State and 1 in Chin State. Since 16 August, 5,821 cases have been reported in Yangon Region. In the last 24 hours, the epidemic has surged in Thingangyun Township (+52 cases), Mayangon Township (+47 cases), Mingala Taungnyunt Township (+39 cases). Thingangyun, South and North Okkalapa, Tarmwe, Hlaing, Hlaing Thayar, Insein, Thaketa and Mingaladon Townships stand out as hotspots of the pandemic. -
8Th Plenary Meeting of Sixth 47-Member State Sangha Maha Nayaka Committee Concludes
Established 1914 Volume XVII, Number 74 8th Waxing of Waso 1371 ME Monday, 29 June, 2009 8th Plenary Meeting of Sixth 47-member State Sangha Maha Nayaka Committee concludes YANGON, 28 June – The Eighth Plenary Meeting of Saddhama Jotikadhaja Bhaddanta Veponla Bhivamsa Agga Maha Pandita Bhaddanta Tilawka Bhivamsa the Sixth 47-member State Sangha Maha Nayaka academic affairs. gave his explanation and sought the approval. Committee continued for the second day today at At the afternoon session, members of the State Afterwards, member Sayadaws discussed tasks to Wizaya Mingala Dhamma Thabin Hall on Kaba Aye Sangha Maha Nayaka Committee discussed and be carried out in accord with the Vinaya Dhamma Hill in Mayangon Township here. decided Vinicchaya, religious and academic affairs. procedures Chapter (7), Para 56 (c) and selection of At the meeting, Agga Maha Ganthavaçaka In response to the discussions and decision about State Vinaya Sayadaws. Then the meeting concluded Bhaddanta Veponla discussed Vinicchaya affairs, the report on the activities the second period’s work successfully. Minister for Foreign Affairs U Nyan Agga Maha Saddhama Jotikadhaja Bhaddanta Sirinda progress of the Sixth State Sangha Maha Nayaka Win and wife Daw Myint Myint Soe offered a day religious affairs and Agga Maha Pandita Agga Maha Committee (First Branch), Joint-Secretary Sayadaw meal to the Sayadaws.—MNA Myitkyina in Kachin State getting prosperous Article: Myint Maung Soe; Photos: Myo Min Thein (Mayangon) Council U Tin Maung Oo told the Myanma Alin, “Our township shares the border with Sumprabum in the north, Inganyan and Waingmaw in the east, Moemauk, Bhamo and Shwegu in the south, and Mohnyin, Mogaung, Karmaing, Hpa-kant and Tanai townships in the west. -
ERIA: Phase II Report
TURNING ON THE LIGHTS: INTEGRATED ENERGY AND RURAL ELECTRIFICATION DEVELOPMENT IN MYANMAR Comparative Cost and Technology Evaluation Relating to Rural Electrification PHASE II FIELDWORK January-June 2014 PHASE II FIELDWORK Comparative Cost and Technology Evaluation Relating to Rural Electrification in Myanmar FINAL REPORT JUNE 30, 2014 Produced for Economic Research Institute for ASEAN and East Asia (ERIA) by KWR International (Asia) Pte Ltd. The views in this report do not necessarily reflect the views and policies of the Economic Research Institute for ASEAN and East Asia (ERIA), its Academic Advisory Council, and the Management. Data, statistics and the reference materials presented within this report have been compiled by KWR International (Asia) Pte Ltd from interviews, publicly-released media, presentations and other research accounts. Although these statements are believed to be reliable, KWR International (Asia) Pte Ltd does not guarantee their accuracy, and any such information should be checked independently by the reader before it is used to make any business, investment or other decision. © 2014 All rights reserved. Acknowledgements KWR International (Asia) Pte. Ltd. (KWR) would like to thank the hundreds of individuals, institutions and companies who provided time and support to assist production of the three Turning on the Lights: Integrated Energy and Rural Electrification Development in Myanmar reports, stakeholder meetings and other related activities undertaken since this project began in 2012. Beginning with our work to produce the energy and electrification contribution to the Economic Research Institute for ASEAN and East Asia (ERIA)’s Myanmar Comprehensive Development Vision report in cooperation with the University of Tokyo, exhaustive research, field visits, and other activities were undertaken over the past two and a half years. -
Pwint Thit Sa 2019
Pwint Thit Sa Transparency in Myanmar Enterprises Fifth Report | 2019 +95 1 512613 | [email protected] | www.mcrb.org.mm Pwint Thit Sa is intended to encourage better corporate governance and increased transparency by Myanmar businesses. © Copyright Myanmar Centre for Responsible Business (MCRB) and Yever, April 2019. Published by TABLE OF CONTENTS MCRB and Yever. All rights reserved. MCRB and Yever permit free reproduction of extracts from this — publication provided that due acknowledgment is given and a copy of the publication carrying the extract is sent to MCRB or Yever. Requests for permission to reproduce and translate the publication ABBREVIATIONS 6 should also be addressed to MCRB or Yever. EXECUTIVE SUMMARY 7 The Myanmar Centre for Responsible Business (MCRB) was set up in 2013 by the Institute of PART 1: INTRODUCTION 10 Human Rights and Business, and the Danish Institute for Human Rights with funding from several How Pwint Thit Sa contributes to building trust in Myanmar’s capital market 10 donor governments. Based in Yangon, it aims to provide a trusted and impartial platform for the Five years of Pwint Thit Sa 10 creation of knowledge, building of capacity, undertaking of advocacy and promotion of dialogue amongst businesses, civil society, governments, experts and other stakeholders, with the objective of encouraging Building trust 11 responsible business conduct throughout Myanmar. Responsible business means business conduct Greenwashing? 14 that works for the long-term interests of Myanmar and its people, based on responsible social and environmental performance within the context of international standards. MCRB receives funding from The business case for corporate governance and transparency in Myanmar 15 the governments of UK, Norway, Switzerland, Netherlands, and Ireland. -
Preparatory Survey for Greater Yangon Water Supply Improvement Project (Phase Ii)
THE REPUBLIC OF THE UNION OF MYANMAR YANGON CITY DEVELOPMENT COMMITTEE (YCDC) PREPARATORY SURVEY FOR GREATER YANGON WATER SUPPLY IMPROVEMENT PROJECT (PHASE II) FINAL REPORT FEBRUARY 2017 JAPAN INTERNATIONAL COOPERATION AGENCY TEC INTERNATIONAL CO., LTD. NIPPON KOEI CO., LTD. NJS CONSULTANTS CO., LTD. 1R JR(先) 17-030 THE REPUBLIC OF THE UNION OF MYANMAR YANGON CITY DEVELOPMENT COMMITTEE (YCDC) PREPARATORY SURVEY FOR GREATER YANGON WATER SUPPLY IMPROVEMENT PROJECT (PHASE II) FINAL REPORT FEBRUARY 2017 JAPAN INTERNATIONAL COOPERATION AGENCY TEC INTERNATIONAL CO., LTD. NIPPON KOEI CO., LTD. NJS CONSULTANTS CO., LTD. Foreign Exchange Rate 1 USD = 109.2 JPY 1 USD = 1183.0 Kyat 1 Kyat = 0.0923 JPY (As of July 2016) Preparatory Survey for Greater Yangon Water Supply Improvement Project (Phase II) FINAL REPORT Location Map i Preparatory Survey for Greater Yangon Water Supply Improvement Project (Phase II) FINAL REPORT Phase 1 Feasibility Study: Target Zone 7 and 8 Phase 2 Feasibility Study: Target Zone 1 and 9 Map of 33 townships in YCDC Area and 10 Water Supply Zones ii Preparatory Survey for Greater Yangon Water Supply Improvement Project (Phase II) FINAL REPORT PREPARATORY SURVEY FOR GREATER YANGON WATER SUPPLY IMPROVEMENT PROJECT (PHASE2) Location Map Map of 33 townships in YCDC Area and 10 Water Supply Zones Table of Contents List of Tables/ Figures Appendices List of Abbreviations Abbreviation for The Relevant Studies Unit TABLE OF CONTENTS CHAPTER 1 INTRODUCTION ....................................................................................................1-1