Pwint Thit Sa 2019

Total Page:16

File Type:pdf, Size:1020Kb

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. Supporting improved company governance and performance 16 Professional advisers and auditors 17 Myanmar Centre for Responsible Business No.6 (A), Shin Saw Pu Road PART 2: DEVELOPMENTS SINCE THE 2018 PWINT THIT SA REPORT 18 Kayin Chan Ward, Ahlone Township, Yangon, Myanmar Myanmar Sustainable Development Plan 2018-2030 18 [email protected] www.myanmar-responsiblebusiness.org and www.mcrb.org.mm State-owned economic enterprises (SEEs) 18 Military Owned Enterprises 19 Legislative developments in corporate governance and disclosure 20 Based in Yangon, Yever is a consultancy offering custom made solutions to corporate leaders. We aim Myanmar Companies Law 20 to foster their company business transformation while building their market leadership responsibly and sustainably. Established in 2016, our team combines Myanmar talents and international expertise. The Central Bank of Myanmar (CBM) directives 23 key of our business is trust. Earning and sustaining the trust of our customers, partners, employees Securities Exchange Commission 25 and all other stakeholders drive all of our actions. Myanmar Investment Law and Rules 28 Environmental impact assessment 30 Yever 28B Kyauk Kone Road, Room 6B Developments in combatting corruption 31 Yankin Township, Yangon, Myanmar Legal framework for combatting corruption 33 [email protected] www.yever.org Money laundering 35 Beneficial ownership 36 The research and writing of this report was undertaken by Vicky Bowman, Phyu Phyu Zin, and Wint Mon Tax reform 39 Eindra Thwin of MCRB, and Nicolas Delange and Maddy aka Pa Pa Htet of Yever. Tom Davy and Gianluca Development partner initiatives in corporate governance and anti-corruption 41 Ferritu also contributed while attached to MCRB. The views expressed in this publication are those of the authors. The mention of specific companies does not imply that they are recommended by MCRB IFC’s Myanmar Corporate Governance Initiative 41 or Yever. The ranking is not intended to make judgments to the business performance of companies. Myanmar Institute of Directors (MIoD) 42 Organisation of Economic Cooperation and Development (OECD) 43 Cover photo: “Nelumbo nucifera” / Alexey Matveichev United Nations Development Programme (UNDP) 43 Back cover photo: “Lotus” / Josie Liao UN Office of Drugs and Crime (UNODC) 43 Developments in disclosure and transparency in Myanmar 44 Extractives Industries Transparency Initiative (EITI) 44 Civil society and the media 44 2 3 PART 3: EMERGING ISSUES FOR CORPORATE GOVERNANCE IN MYANMAR 47 FIGURE 1: Score breakdown by type of company 8 Non-financial reporting 47 FIGURE 2: Distribution of companies’ scores 9 EU non-financial eportingr requirement 47 FIGURE 3: Comparison of financial sector and other sectors by company type 60 Sustainability and stock exchanges 48 Reporting frameworks 48 BOX 1: Corporate transparency and trust: Yangon Metropolitan Development Stakeholder engagement and materiality analysis 50 Company 13 Donations and ‘do no harm’ 51 BOX 2: MCRB partnership with Yever 14 Gender equality and diversity in business leadership 52 BOX 3: MCRB publications for business 16 Human rights and modern slavery 53 BOX 4: Definition of beneficial owner agreed by the EITI Multistakeholder Group 38 BOX 5: Definition of politically exposed person agreed by the EITI Multistakeholder PART 4: THE 2019 PWINT THIT SA REPORT 54 Group 39 Methodology 54 BOX 6: What is the Myanmar Corporate Governance Scorecard 2018? 42 Selection of benchmarking criteria 55 BOX 7: What is the ASEAN Corporate Governance Scorecard? 54 Sources of information considered 56 Selection of companies for inclusion 57 TABLE 1: Issues covered in Pwint Thit Sa 2019 scoring 55 Website assessment and company engagement 57 TABLE 2: Coverage of ACGS level 1 criteria by Pwint Thit Sa criteria 56 Scoring 58 TABLE 3: ACGS and <IR> criteria used in Pwint Thit Sa 2019 56 Limitations of the research methodology 59 TABLE 4: Average score by company type 59 Results 59 TABLE 5: Top 30 Companies assessed in Pwint Thit Sa 2019 with the most disclosure of information 61 PART 5: RECOMMENDATIONS 63 TABLE 6: Top 10 State-owned economic enterprises (SEEs) 62 To Myanmar companies 63 TABLE 7: Top 10 public companies 62 To the Myanmar government, and the SECM 65 To the Anti-Corruption Commission 68 To Parliament 68 To Myanmar civil society organisations and the media 68 To the investor community 68 ANNEX 1: FULL TABLE OF RESULTS 69 ANNEX 2: QUESTIONNAIRE 76 4 5 ABBREVIATIONS ACGS ASEAN Corporate Governance Scorecard EXECUTIVE This is the fifthPwint Thit Sa/Transparency in Myanmar Enterprises (TiME) — ACMF ASEAN Capital Markets Forum SUMMARY report. It assesses information disclosure on the corporate websites of 248 — large Myanmar companies. Encouraging corporate transparency supports ASEAN Association of South East Asian Nations Myanmar’s achievement of Sustainable Development Goal (SDG) 16. BoD Board of Directors Sixty-six more companies were assessed in 2019 compared to the 2018 CG Corporate Governance Pwint Thit Sa report, using twice as many dimensions and criteria. This makes Pwint Thit Sa 2019 the most ambitious public report ever published CSR Corporate Social Responsibility about the state of corporate disclosure (CD) in Myanmar. It examines publicly DfID Department for International Development listed and ‘public’ companies, and privately-owned companies which are influential or significant taxpayers. For the first time, Pwint Thit Sa includes DICA Directorate of Investment and Company Administration the corporate disclosure of all significant state-owned economic enterprises DNFBP Designated Non-Financial Businesses and Professions (SEEs). ESG Environmental, Social and Governance The 2019 report, although based on the same principle of rating online FY Financial Year information disclosure by companies, continues with the approach adopted in 2018 by using the ASEAN Corporate Governance Scorecard (ACGS) to IFC International Finance Corporation rate companies (Box 5). The ACGS is used widely in the region to assess KPI Key Performance Indicator disclosure of corporate governance by large companies and has also been used this year by Myanmar regulatory bodies to develop a Myanmar Corporate MCL Myanmar Companies Law Governance Scorecard to assess the current corporate governance practices MCRB Myanmar Centre for Responsible Business of twenty-four of the largest Myanmar companies. MIC Myanmar Investment Commission However not all ACGS criteria have been used for Pwint Thit Sa, and some additional performance criteria concerning sustainability and its relationship MIL Myanmar Investment Law to the company’s business model have been added in the 2019 Pwint Thit MIoD Myanmar Institute of Directors Sa report, aligned with the Integrated Reporting Framework <IR>. This is to MIR Myanmar Investment Rules challenge and stretch the leading companies. It also reflects the adoption in 2018 of the Sustainable Development Plan by the Myanmar Government. MSDP Myanmar Sustainable Development Plan The scoring methodology therefore uses 69 of the most relevant criteria from MyCO Myanmar Companies Register Online the ACGS (see Annex 2). It assesses four dimensions - Corporate Profile, NRGI Natural Resources Governance Institute Corporate Governance, Sustainability Management and Reporting - using 143 criteria (119 disclosure-based, 24 performance-based) with a maximum OECD Organisation for Economic Cooperation and possible score of 167 (119 Disclosure, 48 Performance). Further details are Development in the Methodology section in Part 4. OTC Over the Counter (an organized market for trading of The addition of more performance criteria, as well as new companies, means unlisted
Recommended publications
  • 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.
    [Show full text]
  • 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).
    [Show full text]
  • Literature for the SECU Desk Review Dear Paul, Anne and the SECU
    Literature for the SECU Desk Review Dear Paul, Anne and the SECU team, We are writing to you to provide you with what we consider to be important documents in your investigation into community complaints of the Ridge to Reef Project. The following documents provide background to the affected community and the political situation in Tanintharyi Region, on the history and design of the project, on the grievances and concerns of the local community with respect to the project, and aspirations and efforts of indigenous communities who are working towards an alternative vision of conservation in Tanintharyi Region. The documents mentioned in this letter are enclosed in this email. All documents will be made public. Background to the affected community Tanintharyi Region is home to one of the widest expanses of contiguous low to mid elevation evergreen forest in South East Asia, home to a vast variety of vulnerable and endangered flora and fauna species. Indigenous Karen communities have lived within this landscape for generations, managing land and forests under customary tenure systems that have ensured the sustainable use of resources and the protection of key biodiversity, alongside forest based livelihoods. The region has a long history of armed conflict. The area initially became engulfed in armed conflict in December 1948 when Burmese military forces attacked Karen Defence Organization outposts and set fire to several villages in Palaw Township. Conflict became particularly bad in 1991 and 1997, when heavy attacks were launched by the Burmese military against KNU outposts, displacing around 80,000 people.1 Throughout the conflict communities experienced many serious human rights abuses, many villages were burnt down, and tens of thousands of people were forced to flee to the Thai border, the forest or to government controlled zones.2 Armed conflict came to a halt in 2012 following a bi-lateral ceasefire agreement between the KNU and the Myanmar government, which was subsequently followed by KNU signing of the Nationwide Ceasefire Agreement in 2015.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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 ......................................................................................................................................
    [Show full text]
  • DEPARTMENT of the TREASURY Office of Foreign Assets Control
    This document is scheduled to be published in the Federal Register on 10/31/2016 and available online at https://federalregister.gov/d/2016-26124, and on FDsys.gov DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Unblocking of Specially Designated Nationals and Blocked Persons Resulting from the Termination of the National Emergency and Revocation of Executive Orders Related to Burma AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Notice. SUMMARY: The Treasury Department’s Office of Foreign Assets Control (OFAC) is removing from the Specially Designated Nationals and Blocked Persons List (SDN List) the names of the persons listed below whose property and interests in property had been blocked pursuant to Executive Order 13310 of July 28, 2003 (Blocking Property of the Government of Burma and Prohibiting Certain Transactions), Executive Order 13448 of October 18, 2007 (Blocking Property and Prohibiting Certain Transactions Related to Burma), Executive Order 13464 of April 30, 2008 (Blocking Property and Prohibiting Certain Transactions Related To Burma), and Executive Order 13619 of July 11, 2012 (Blocking Property of Persons Threatening the Peace, Security, or Stability Of Burma). DATES: OFAC’s actions described in this notice are effective as of October 7, 2016. FOR FURTHER INFORMATION CONTACT: Associate Director for Global Targeting, tel.: 202/622-2420, Assistant Director for Sanctions Compliance & Evaluation, tel.: 202/622-2490, Assistant Director for Licensing, tel.: 202/622-2480, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622-2410 (not toll free numbers). SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability The SDN List and additional information concerning OFAC sanctions programs are available from OFAC’s website (https://www.treasury.gov/resource- center/sanctions/Pages/default.aspx).
    [Show full text]
  • MOSAIC Working Paper Series No
    MOSAIC Working Paper Series No. 3 Intersections of land grabs and climate change mitigation strategies in Myanmar as a (post-) war state of conflict Kevin Woods May 2015 Intersections of land grabs and climate change mitigation strategies in Myanmar as a (post‐) war state of conflict By Kevin Woods Published by: MOSAIC Research Project: Climate change mitigation policies, land grabbing and conflict in fragile states: understanding intersections, exploring transformations in Myanmar and Cambodia http://www.iss.nl/mosaic International Institute of Social Studies P.O. Box 29776, 2502 LT The Hague, The Netherlands Tel: +31 70 426 0460 | Fax: +31 70 426 079 E­mail: [email protected] | Website: www.iss.nl RCSD Chiang Mai University Faculty of Social Sciences, Chiang Mai University Chiang Mai 50200 THAILAND Tel. 66­53­943595/6 | Fax. 66­53­893279 Email : [email protected] | Website : http://rcsd.soc.cmu.ac.th Funded by the NWO and DFID through the CoCooN - Conflict and Cooperation in the Management of Climate Change - Integrated Project. Abstract Myanmar has recently positioned itself as the world’s newest frontier market, while simultaneously undergoing transition to a post-war, neoliberal state. The new Myanmar government has put the country’s land and resources up for sale with the quick passing of market-friendly laws turning land into a commodity. Meanwhile, the Myanmar government has been engaging in a highly contentious national peace process, in an attempt to end one of the world's longest running civil wars. The Myanmar government has aggressively pushed for foreign investment in large-scale private agribusiness concessions through the introduction of a new supportive legal framework, with regional, and to a lesser extent, global corporations signing concession deals, some of which are meant for biofuel production.
    [Show full text]
  • 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.
    [Show full text]
  • Data Collection Survey on the Project for Development of Water Saving Agricultural Technology in the Central Dry Zone in the Republic of the Union of Myanmar
    Ministry of Agriculture and Irrigation The Republic of the Union of Myanmar DATA COLLECTION SURVEY ON THE PROJECT FOR DEVELOPMENT OF WATER SAVING AGRICULTURAL TECHNOLOGY IN THE CENTRAL DRY ZONE IN THE REPUBLIC OF THE UNION OF MYANMAR FINAL REPORT AUGUST 2013 JAPAN INTERNATIONAL COOPERATION AGENCY (JICA) SANYU CONSULTANTS INC. India China 51 Townships in the Central Dry Zone and Main Facilities of the Project Project Area Myanmar Yangon Thai Sagaing Region Myingyan DAR Center Mandalay Region Nyaung Oo DAR Center Magway DAR Center Magway Region Nay Pyi Taw Legend Border Border of Region Border of Township Project Area Division/ State Capital District Capital River Road Railway Photos of the Central Dry Zone Rainfed upland(before rainy season) Seeding at the beginning of rainy season Predominant sandy soil (before rainy season) Indian-made 4 wheel tractor Plowing by Power tiller Intercropping with groundnut and pigeon pea Intercropping with groundnut and maize Tube-well observed in Central Dry Zone Hydroponic irrigation (Magway Campus, Practice of the hydroponic irrigation in a Yezin Agricultural University ) village (Yenangyon) Practice of micro irrigation in a village Practice of micro irrigation in a (Yenangyon) village(Yenangyon) Dragon fruits (Mandalay) Bean Exchange market (Mandalay) Oil-extracting factory (Myingyan) Bean –processing factory (Myingyan) CONTENTS Location Map of the Study Area Photos of the Central Dry Zone CHAPTER 1 BACKGROUND AND OBJECTIVES ············································ 1 1.1 Background ...................................................................................................................................
    [Show full text]
  • Access Denied: Land Rights and Ethnic Conflict in Burma
    Burma Policy Briefing Nr 11 May 2013 Access Denied Land Rights and Ethnic Conflict in Burma* The reform process in Burma/Myanmar1 Conclusions and Recommendations by the quasi-civilian government of Presi- dent Thein Sein has raised hopes that a The new land and investment laws bene- long overdue solution can be found to fit large corporate investors and not small- more than 60 years of devastating civil war. holder farmers, especially in ethnic minor- ity regions, and do not take into account Burma’s ethnic minority groups have long land rights of ethnic communities. felt marginalized and discriminated against, resulting in a large number of The new ceasefires have further facili- ethnic armed opposition groups fighting tated land grabbing in conflict-affected the central government – dominated by the areas where large development projects in ethnic Burman majority – for ethnic rights resource-rich ethnic regions have already and autonomy. The fighting has taken taken place. Many ethnic organisations place mostly in Burma’s borderlands, oppose large-scale economic projects in their territories until inclusive political where ethnic minorities are most concen- agreements are reached. Others reject these trated. projects outright. Burma is one of the world’s most ethnically Recognition of existing customary and diverse countries. Ethnic minorities make communal tenure systems in land, water, up an estimated 30-40 percent of the total fisheries and forests is crucial to eradicate population, and ethnic states occupy some poverty and build real peace in ethnic 57 percent of the total land area and are areas; to ensure sustainable livelihoods for home to poor and often persecuted ethnic marginalized ethnic communities affected minority groups.
    [Show full text]