Business Conglomerates in the Context of Myanmar's Economic
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Report on Tourism in Burma March 2011
Report on Tourism in Burma March 2011 Info Birmanie 74, rue Notre Dame des champs 75006 Paris www.info-birmanie.org e-mail : [email protected] 1. Introduction (p.1) 2 . The History of Tourism in Burma (p.2) 3. The issue of tourism in Burma (p.3 to 9) The Reasons for a Call to Boycott Tourism in Burma : Illusions & Realities 4. An Analysis of the Junta’s Economic Supports (p.10 to 14) Revenues Transport Hotels 5 . Accessible Tourist Zones (p.15 to 22) 6. Travel Agencies Ethics (p.23 to 25) The Absence of Ethics Which Agency to Choose? Which Travel Guide to Use? 7. The Official Statistics of Tourism (p.26 to 27) 8. Conclusion (p.28) 9. Practical Advice (p.29) Chronology (p.30 to 33) 1. Introduction ‘Burma will be here for many years, so tell your friends to visit us later. Visiting now is tantamount to condoning the regime.’ The above statement, which dates from 1999, is a famous quote of Aung San Suu Kyi, Laureate of the 1991 Nobel Peace Prize and leader of the National League for Democracy (NLD), the main Burmese opposition party. It reminds us that since the call to boycott launched in the mid-90s by the Burmese opponents of the military dictatorship, travelling in Burma remains a moral dilemma that is still relevant fifteen years later. However, some plead in favour of Burmese tourism, forgetting both the opposition’s numerous calls to boycott and the terrible situation in which the Burmese people live. In May 2011, the NLD has published a policy paper that put an end to the call for boycott but calls for responsible and independent tourism in Burma. -
2.2 Myanmar Aviation Myanmar Aviation
2.2 Myanmar Aviation Myanmar Aviation Page 1 4.5 Myanmar Airport Company Contact List Key airport information may also be found at: World Aero Data information on Myanmar Overview This logistics capacity assessment does not include review of military airports. Myanmar has three international airports: Yangon, Mandalay and Naypyitaw, of which Yangon has most handling capacity for passengers and cargo. Mandalay and Naypyitaw airport normally don’t handle cargo (except luggage) and have few international flights. There is a limited number of helicopter companies available, who mainly operate for the natural gas and oil industry and avoid to fly cargo at high altitudes in the mountains. Obtaining permission, registration and certification for foreign registered aircraft to operate inside Myanmar for emergencies can be a lengthy and complicated process. Airports assessed for this LCA include the following Location Region Type Status Yangon Yangon International Operational Mandalay Mandalay International Operational Naypyitaw Naypyitaw International Operational Mawlamyine Mon state Domestic 1x/Week use Dawei Tanintharyi Domestic Operational KawThaung Tanintharyi Domestic Operational Myeik Tanintharyi Domestic Operational Nyaung-U Mandalay Domestic Operational Pyay Bago Domestic Not in use Magway Magway Domestic Not in use Pakokku Magway Domestic Not in use Mandalay Chanmyathazi Mandalay Domestic 2x/Week use Kale Sagaing Domestic Operational Monywa Sagaing Domestic Operational Loikaw Kayah State Domestic Operational Heho Shan State Domestic Operational -
First Myanmar Investment Public Co., Ltd
First Myanmar Investment Public Co., Ltd. Summary: First Myanmar Investment Public Co., Ltd. (FMI), a company incorporated in November 1992 in Myanmar, became the first company to be listed on the Yangon Stock Exchange (YSX) in 2016. FMI is rated highly for corporate transparency and governance by the Myanmar Centre for Responsible Business (MCRB), an organization focusing on assessing responsible business activities. FMI’s major areas of focus lie in financial services, healthcare, tourism and real estate development sectors – all of which are independently managed subsidiaries. Yoma Bank Limited, FMI’s key financial services business and one of Myanmar’s largest private banks, continues to display favorable performances and focuses on growing SME loans and digital banking. Pun Hlaing Siloam Hospitals, forming FMI’s healthcare branch, continues to grow through its domestic healthcare network expansion plan. On the real estate development end, FMI has interests in Yoma Land which is the umbrella brand covering the real estate projects of the larger YOMA Group. FMI’s key interests in Yoma Land projects include Star City in Thanlyin township, and Yoma Central, a major project focusing on the development of land in the central business district area of Yangon. Memories Group Limited, the tourism arm of FMI, operates an integrated tourism platform in Myanmar. First Myanmar Investment and YOMA Group First Myanmar Investment Public Company Limited, established in 1992, is an investment holding company with strategic business diversification in financial services, healthcare, tourism and real estate sectors. With each of its subsidiaries operating under independent management teams, FMI, in addition has start-up ventures expanding into strategic sectors such as infrastructure and agriculture. -
Myanmar Business Guide for Brazilian Businesses
2019 Myanmar Business Guide for Brazilian Businesses An Introduction of Business Opportunities and Challenges in Myanmar Prepared by Myanmar Research | Consulting | Capital Markets Contents Introduction 8 Basic Information 9 1. General Characteristics 10 1.1. Geography 10 1.2. Population, Urban Centers and Indicators 17 1.3. Key Socioeconomic Indicators 21 1.4. Historical, Political and Administrative Organization 23 1.5. Participation in International Organizations and Agreements 37 2. Economy, Currency and Finances 38 2.1. Economy 38 2.1.1. Overview 38 2.1.2. Key Economic Developments and Highlights 39 2.1.3. Key Economic Indicators 44 2.1.4. Exchange Rate 45 2.1.5. Key Legislation Developments and Reforms 49 2.2. Key Economic Sectors 51 2.2.1. Manufacturing 51 2.2.2. Agriculture, Fisheries and Forestry 54 2.2.3. Construction and Infrastructure 59 2.2.4. Energy and Mining 65 2.2.5. Tourism 73 2.2.6. Services 76 2.2.7. Telecom 77 2.2.8. Consumer Goods 77 2.3. Currency and Finances 79 2.3.1. Exchange Rate Regime 79 2.3.2. Balance of Payments and International Reserves 80 2.3.3. Banking System 81 2.3.4. Major Reforms of the Financial and Banking System 82 Page | 2 3. Overview of Myanmar’s Foreign Trade 84 3.1. Recent Developments and General Considerations 84 3.2. Trade with Major Countries 85 3.3. Annual Comparison of Myanmar Import of Principal Commodities 86 3.4. Myanmar’s Trade Balance 88 3.5. Origin and Destination of Trade 89 3.6. -
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). -
YANGON AERODROME COMPANY LIMITED First Flights Take Off Today
YANGON AERODROME COMPANY LIMITED Site Office: G-14-08, Arrival Hall, Yangon International Airport, Mingaladon Township, Yangon, Myanmar. #11021 Tel: +95 1 533031-6 (Ext: 251) Fax: +95 1 533037 | Email: [email protected] Press Release First flights take off today from Yangon International Airport’s newly-opened Domestic Terminal (T3) Domestic carrier Asian Wings Airways’ first flight takes off from T3 today, followed by Mann Yadanarpon Airlines YIA welcomes and invites passengers to experience the new facilities at T3 YANGON - 09 December 2016 - Just three days after the official opening of its latest Domestic Terminal – T3 – Yangon International Airport (YIA) sent off its first flight from the terminal. Asian Wings Airways conducted the inaugural flight, which took off at 0600 hours this morning to Nyaung-U in Bagan. This was followed closely by Mann Yadanarpon Airlines, which headed to Nyaung-U and Mandalay and onwards to Heho. Within Myanmar, YIA currently connects to 26 of such renowned cultural and popular tourist destinations via its 10 domestic airline partners. Currently a key gateway for international travellers into the country, YIA has significantly increased its existing capacity with the new T3 to handle future demand, and integrates greater handling capabilities with better domestic connectivity and passenger experiences. YANGON AERODROME COMPANY LIMITED For media queries, please contact the YACL Media Office at [email protected] YANGON AERODROME COMPANY LIMITED Site Office: G-14-08, Arrival Hall, Yangon International Airport, Mingaladon Township, Yangon, Myanmar. #11021 Tel: +95 1 533031-6 (Ext: 251) Fax: +95 1 533037 | Email: [email protected] T3 was officially opened on 5 December 2016, and its completion represents YIA’s continued dedication to playing a key role in preparing Myanmar's aviation industry for the expected future growth in air passenger traffic. -
A Strategic Urban Development Plan of Greater Yangon
A Strategic A Japan International Cooperation Agency (JICA) Yangon City Development Committee (YCDC) UrbanDevelopment Plan of Greater The Republic of the Union of Myanmar A Strategic Urban Development Plan of Greater Yangon The Project for the Strategic Urban Development Plan of the Greater Yangon Yangon FINAL REPORT I Part-I: The Current Conditions FINAL REPORT I FINAL Part - I:The Current Conditions April 2013 Nippon Koei Co., Ltd. NJS Consultants Co., Ltd. YACHIYO Engineering Co., Ltd. International Development Center of Japan Inc. Asia Air Survey Co., Ltd. 2013 April ALMEC Corporation JICA EI JR 13-132 N 0 300km 0 20km INDIA CHINA Yangon Region BANGLADESH MYANMAR LAOS Taikkyi T.S. Yangon Region Greater Yangon THAILAND Hmawbi T.S. Hlegu T.S. Htantabin T.S. Yangon City Kayan T.S. 20km 30km Twantay T.S. Thanlyin T.S. Thongwa T.S. Thilawa Port & SEZ Planning調査対象地域 Area Kyauktan T.S. Kawhmu T.S. Kungyangon T.S. 調査対象地域Greater Yangon (Yangon City and Periphery 6 Townships) ヤンゴン地域Yangon Region Planning調査対象位置図 Area ヤンゴン市Yangon City The Project for the Strategic Urban Development Plan of the Greater Yangon Final Report I The Project for The Strategic Urban Development Plan of the Greater Yangon Final Report I < Part-I: The Current Conditions > The Final Report I consists of three parts as shown below, and this is Part-I. 1. Part-I: The Current Conditions 2. Part-II: The Master Plan 3. Part-III: Appendix TABLE OF CONTENTS Page < Part-I: The Current Conditions > CHAPTER 1: Introduction 1.1 Background ............................................................................................................... 1-1 1.2 Objectives .................................................................................................................. 1-1 1.3 Study Period ............................................................................................................. -
First Private Bank Ltd. (FPB)
First Private Bank Ltd. (FPB) Company Report Non‐rated (17/18E Target Price Kyat 29,000) Close Kyat 30,000 (OTC) Banking January 19, 2017 Positioned to capitalize on growth cycle Among the gainers to enjoy sector growth Given that the financial sector in Myanmar remains in the expansion stage with a promising growth outlook, First Private Bank Ltd. (FPB), fifteenth‐ranked by assets among 24 private banks, should continue to enjoy the favorable economic and sector growth prospects. Moreover, FPB’s sound financial position, especially its efficient asset quality control and the good support from its major shareholders, should make it one of the prime gainers from the favorable growth outlook. However, the key challenges are the increasing competition in the banking system and the ongoing reform risks. 2018 target price of Kyat 29,000/share based on target P/BV of 1.1x We derive a 2018 target price for FPB at Kyat 29,000/share, for implied target P/BV of 1.1x based on the Gordon growth model (GGM). This is quite comparable to Indochina banks’ average P/BV of 1.0‐1.1x. Expect 10% net profit CAGR in FY2017‐19E The growth should be backed mainly by anticipated loan growth of 19‐20% and non‐interest income CAGR of 10% in FY17‐19, thanks to Myanmar’s sound economic growth and the supportive industry outlook. However, we still expect the bank’s loan spread and NIM to remain under pressure given the more competitive environment. Promising sector growth; key challenges are reform risks and competition We see the growth outlook for Myanmar’s banking sector continuing to outpace CLMV and regional peers. -
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. -
FOR PARTICIPANTS ONLY 23 August 2013
UNITED NATIONS ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC FOR PARTICIPANTS ONLY 23 August 2013 Training of Trainer Programme on WTO and Trade Related Issues 19-23 August 2013 Yangon, Myanmar LIST OF PARTICIPANTS MYANMAR Ms. Thi Thi Oo, Assistant Director, Research Dpt. Union Supreme Court, Building 54, The Supreme Court of the Union, Supreme Court, Naypyidaw, Phone- 09 5066649 , Office-067 430335, Email: [email protected] Mr. Tint Swe, Manager, Myanmar Fishery Products, Processors and Exporters Association, Corner of Bayint Nawng Rd., Seikhmi Saywar (BPD) St., Insein T/S, Phone-644031/32, Email: [email protected] Mr. Tin Hla, Assistant Manager, Myanamr Fishery Product Processors & Exporter Association, Corner of Bayint Nawng Rd., Seikhmi Saywar (BPD) St., Insein T/S, Phone- 0973224693, Email: [email protected] Mr. Min Min Htet, Staff Officer, Union Attorney Generals Office, Building No. 25, Union Attorney Generals Office, Naypyidaw, Phone- 067 404171, Email: [email protected] Ms. Htay Htay Than, Deputy Director, Directorate of Industry, Ministry of Industry Buidling No. 37 Naypyidaw, Phone- 09420722306/067408129, Email: [email protected] Mr. Khin Maung Htwe, Assistant Director, Directorate Industrial Planning, Ministry of Industry, Ministry of industry, Bldg. 30 Naypyidaw, Phone- 067 405336, 09420702037, Email: [email protected] Ms. San San Lwin, Assistant Engineer, Telecommunication and Postal Training Centre, Myanmar Posts and Telecommunications; Ministry of Communication and Information Technology Telecommunication and Postal Training Centre, Lower Pazundaung Road, Yangon, Phone- 095002992, Email: [email protected] Mr. U Chan Maung Maung, Assistant Manager, Ministry of Transport, No. 10 Pansodan Street, Yangon, Phone- 095068979, Email: [email protected] Ms. -
DASHED HOPES the Criminalization of Peaceful Expression in Myanmar WATCH
HUMAN RIGHTS DASHED HOPES The Criminalization of Peaceful Expression in Myanmar WATCH Dashed Hopes The Criminalization of Peaceful Expression in Myanmar Copyright © 2019 Human Rights Watch All rights reserved. Printed in the United States of America ISBN: 978-1-6231-36970 Cover design by Rafael Jimenez Human Rights Watch defends the rights of people worldwide. We scrupulously investigate abuses, expose the facts widely, and pressure those with power to respect rights and secure justice. Human Rights Watch is an independent, international organization that works as part of a vibrant movement to uphold human dignity and advance the cause of human rights for all. Human Rights Watch is an international organization with staff in more than 40 countries, and offices in Amsterdam, Beirut, Berlin, Brussels, Chicago, Geneva, Goma, Johannesburg, London, Los Angeles, Moscow, Nairobi, New York, Paris, San Francisco, Sydney, Tokyo, Toronto, Tunis, Washington DC, and Zurich. For more information, please visit our website: http://www.hrw.org FEBRUARY 2019 ISBN: 978-1-6231-36970 Dashed Hopes The Criminalization of Peaceful Expression in Myanmar Summary ........................................................................................................................... 1 Methodology ...................................................................................................................... 5 I. Background ..................................................................................................................... 6 II. Section 66(d) -
2.2.16 Myanmar Heho Airport
2.2.16 Myanmar Heho Airport The airport is located 3.7 Km North West of Heho town. Condition of the runway is good and it runs from South to North. The airport is busy all year round. There are nine airlines; Myanmar National Airlines, Air KBZ, Asia Wings, Yangon airway, Apex Airline, Mann Yadanarpon airlines, Golden Myanmar Airlines, FMI Air and Yangon Airways operates in the Heho airport. There are no international airlines except tour charter and ambulance. There are regular flights, everyday, 32 to 38 times per day in high season (October to February). The routes of the flight runs from Heho to Yangon, Mandalay, Lashio, Kengtung, Tarchileik, Monghsat and Bangan. There is no designated helipad in place. However, it can be arranged on apron for VIP flight. No cargo handling equipment facilities in this airport as it is mainly used for tourism. The largest plane that can be handled are medium-sized 100-seat planes such as EMB-190 / B-717. The run way is made of asphalt concrete and strength (PCN) is approximately 68 Metric ton. Airfield Details Country Myanmar Latitude 20°44'49.36"N Province / District Shan State/ Taunggyi Longitude 96°47' 31.28"E Airfield Name Heho Elevation (ft) 1199.1m / 3933ft IATA & ICAO codes HEH / VYHH Surface Asphalt /concrete 68,039 Kg Town or City (closest) Taunggyi 33.1km Runway Condition Good NGO / UN (on ground) No Passenger / Cargo Security Yes Screening (Yes / No) Runway Dimension 2591 (m) x 45 (m) Ground Handling (Yes / No) Yes, luggage trolleys manual only Refuelling Capacity National Energy Puma Aviation Service (a Joint Venture company of MPPE).