Myanmar Business Today - Vol 2, Issue 34

August 28-September 3, 2014
Myanmar Business Today
mmbiztoday.com
mmbiztoday.com August 28-September 3, 2014 | Vol 2, Issue 34MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL
Myanmar Summary
Contd. P 3... Contd. P 3...
Inside MBT
Mining Association Eyes
Commodity Market
A
central mineral
enue, U Khin Maung Han,
May Soe San
cally, U Khin Maung Han
ket will curb illegal mining
collect accurate data on
be able to compete and will
protection,” U Sein Myint,
Myan-
mar Business Today.
trying to become a full
member of the Extractive
Initiative (EITI), which
President Urges to
Align FDI with
Development Projects
Pplan to better align foreign
ment for urban and rural
Although the Myanmar
verify if they are aligned
with current development
Htun Htun Minn Myanmar Summary
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2LOCAL BIZ
MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL
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Reporters & Contributors
Htun Htun Minn, May Soe San, Kyaw Min,
Wai Linn Kyaw, Tin Mg Oo, Aye Myat,
Aung Phyo, Zwe Wai, Phyo Thu,
David Mayes, Sherpa Hossainy, Aundrea Montaño,
Kwan Yuk Sing, Logan Linnane
Art & Design
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DTP
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Translators
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Advertising
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Business News in Brief
Over 30 companies interested in Kyaukphyu
SEZ
Junta approves stalled Dawei project
World Bank to help develop insurance market
Over $200m seized in connection with money
laundering in 12 years
Malaysian Group secures $63.29-m Myanmar
contract
Myanmar Summary
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3LOCAL BIZ
Myanmar Summary
ChinGov’ttoProvideVocationalTrainingtoRuralYouth
Tpartment of Rural
ond week of September
Breeding and Veterinary
and Rural Development
Htay Win, director general
Tin Mg Oo
ment told Myanmar Busi-
ness Today.
the knowledge within their
department will bear the
and machinery operation
vided to more than 700
provide them with relevant
allocated to the program in
program will be expanded
“Now people from other
work here (in government
U Zoe Zam, a member of
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lighted the need to review
look like,” Daw Yi Yi Myint,
former principle of Yangon
Myanmar Business To-
day.
Currently, Myanmar
From page 1...
cording to the Directorate
From page 1...
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livestock breeding, a minister said.
SoeZeyaTun/Reuters

mmbiztoday.com
LOCAL BIZ 4
Myanmar Summary
Contd. P 9...
UPS Establishes Freight Forwarding
Services in Myanmar
U
nited Parcel Service
of North America
trading to and from Myan
include UPS Air Freight
Direct and UPS Air Freight
from Myanmar that will
airfreight and oceanfreight
manufacturing market, de
to 2015, according to the
International Monetary
Zwe Wai
LukeSharrett/Bloomberg
of global freight forward
The company, founded in
around the world, employ
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Gov’t Departments to
Introduce
Video Conferencing
in Six Months
V
ideo conferencing
between govern
will be implemented at the
beginning of next year, ac
The plan will be imple
ernment project the ad
be able to convene without
“The project plan cover
how it will be implement
functional level,” Dr Tun
Lwin, director of the min
ral Development, told My-
anmar Business Today.
“Currently we only have
the capacity run the gov
determine how far we can
go with our current capac
committee will be charged
Htun Htun Minn
ternet connection, which
ifIwouldliketoextendave
and when I can do that need
eral of the Myanmar Com
Myanmar Summary
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Contd. P 9...

mmbiztoday.com
LOCAL BIZ 5
Myanmar Summary
Your Myanmar Taxes – How Do You Pay,
and Other Issues
L
next thing any taxpayer
included in my income
If you’re being paid for
work in Myanmar, you’ll
But what about fringe
ment which together are
the fair market value of
duce the amount you’re
The maximum you can
cent, with the caveat that
ployee receive a monthly
the current exchange rate
can calculate that you can
the cap of K10,000,000
James Finch &
Kyaw Swa Myint
will only be able to take a
we can now calculate
that your taxable income
In Myanmar, income
You are paid a net amount
by your employer after
amount including what
could become bankrupt
After your employer
IRD (Internal Revenue
of everything withheld
and paid within three
three month period, there
for payment of tax under
Tax Law,” which will let
the employee know if he
Shutterstock
vide a tax record book for
From the tax record book
James Finch is a part-
ner at DFDL Myanmar
Limited, resident in Yan-
gon. Kyaw Swa Myint is
an advisor at DFDL My-
anmar Limited’s Yangon
Tax Business Unit.
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mmbiztoday.com
LOCAL BIZ 6
LifeinaCircle:TheTyre-cuttersofYangon
Y
have begun to perforate
But not all of Yangon
trial zone in the northern
produced by the neigh
crouching in low, wooden
Jacob Goldberg
younger generation of
“They will tire them
of rubber from a tyre
levity and joy in the life of
boring, but the people are
Kyaw Myo Lwin began
feeling for what it might
guy,” he joked, comment
Kyaw Myo Lwin, Aung Ko
forcing the viewer to re
Another portion of the
completely in black and
explained that when he
colour, the bright clothing
al backdrop of South Ok
white, at the urging of one
“In black and white, you
You don’t get what you
are decorated with thana
“I wanted the audience
Workers cut used tyres to make water buckets, slippers or ropes, at a workshop in Yangon.
STR/Getty
“
They will tire themselves
out. They need to pace
themselves. I started cut-
ting when I was in the
fifth grade. There is no need to
hurry. This is a job that will
never make you rich.”
may counterbalance the
But for the time being, life
in South Okkalapa con
rhythm of metal on rub
Myanmar Summary
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qHk;ausmif;om;'g½dkufwmESifh
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]]'Dtvkyfu b,favmufvkyf
vkyfcsrf;omr,fhtvkyfr[kwf
bl;}}[kvnf;qdkonf/odkY&mwGif
y&dowfrsm;taejzifh ,if;vkyf
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ay:aygufvmaprnfr[kwfbJ
,if;½kyf&SifwGif wm,mjzwfol
vkyfudkifrIrsm;ESifh00vifvif
pm;EdkifaomufEdkifyHkrsm;udkvnf;
yHkazmfxm;onf/
]]'Dvkyfom;awG&JUrsufESmawG
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u vlawGodyfrodMuwJhtvkyf
av/}} [k'g½dkufwmausmfrsKd;vGif
uqdkonf/

mmbiztoday.com
7LOCAL BIZ
Myanmar Summary
Myanmar to Open More Border Trade Points
Border trade goes up 11pc in FY 2014-15
M
yanmar will
open three more
border trade
Of the three new border
ing Thailand, while one
are negotiating with
concerned neighbour
open the three new bor
will take the total number
Pite Tee with China,
through Myawaddy with
Thailand and through
Phyo Thu
and China, reaching over
on illegal border trade,
worth about $16 billion
from November 2012 un
Trade goes up
percent compared with
total border trade volume
cal year, of which over
percent while border
In 2013, border trade hit
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pcef;oHk;ck zGifhvSpfoGm;rnf[k
pD;yGm;a&;ESifhul;oef;a&mif;0,f
a&;0efBuD;XmerSaMunmchJonf/
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pcef;topfoHk;ckteuf ESpfckudk
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qufpyfvsuf&Sdonfh csif;jynf
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onf/jrefrmEdkifiHtaejzifhvuf&Sd
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&SdaMumif; od&onf/
tqdkyge,fpyf*dwfoHk;ckzGifhvSpf
jzpfcJhygu jrefrmEdkifiHwGif e,fpyf
ukefoG,frIpcef;aygif; 18 cktxd
&Sdvmrnfjzpfonf/jrefrmEdkifiH
e,fpyfukefoG,frIrSm t"dutm;
jzifh rlq,f? vG,f*s,f? csif;a&T
a[mf? uefydkufwD;NrdKUrsm;onf
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aumif;? wrl;NrdKUonf tdE´d,
EdkifiHESifhvnf;aumif; ukefoG,frI
jyKvkyfvsuf&Sdonf/ rlq,fonf
jrefrmESifhw½kwfEdkifiHukefoG,f&m
üukefoG,frIyrmPtrsm;qHk;jzpf
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txda&muf&SdcJhonf[k od&onf/
The border gate between Myanmar and Thailand in Myawaddy.
WaiLinnKyaw

mmbiztoday.com
LOCAL BIZ 8
Myanmar Summary
Kayah State to Get $1.9-m Tourism Boost
Dutch funding for ITC programme aims increasing sustainable tourism in Myanmar
T
he International
Trade Centre (ITC)
together with the
from developing coun
in Myanmar with a par
by CBI and implement
ed by the International
The NTFIII Steering
Tin Mg Oo Group recently met local
in Yangon, and Loikaw,
the implementation and
for market development,
line with national devel
the capacity of local au
gether in a coherent and
natural beauty,’ Aeroe
integrate local produc
“Creating economic op
Dick de Man, deputy
managing director of CBI,
try can bring foreign ex
change to Myanmar and
contribute to job creation
“Our aim in working
try in developing coun
to enhance their econom
ability in a targeted way,”
Baker & McKenzie Says Will Assist
Firms Achieve Objectives in Myanmar
GBaker & McKen
the board legal and tax
Wai Linn Kyaw
be a country of growing
Economic Community
with neighbouring coun
we’ve had and common
partner of Baker & Mc
ture of the work we’re do
to intellectual property,
Myanmar government of
McKenzie brought to
leading multinational and
diplomatic and trade rep
tion to formally celebrate
the opening of Baker &
on the changing regula
Kien Keong Wong,
chairman of Baker & Mc
training local talent to
in the country, helping
them to put in place ef
economic development
and employment crea
Myanmar Summary
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(ITC) onf e,fomvefEdkifiHrS
CBI ESifhyl;aygif;í jrefrmEdkifiH
u,m;jynfe,fwGif c&D;oGm;
vkyfief;wpfck tar&duefa':vm
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udef;onf e,fomvefb@ma&;
&efyHkaiGtzGJU NTF III tpDtpOf?
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jzpfonf/,ckc&D;oGm;vkyfief;pDrH
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&&Sdap&efvnf;jzpfonf/
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ao;cifu jynfwGif;tmPmydkif
rsm;? vkyfazmfudkifzufrsm;ESifh
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yl;aygif;aqmif&Gufa&;wdkYudk
aqG;aEG;cJhMuonf/
urÇmvHk;qdkif&mOya' Baker
& Mckenzie onf vuf&Sd
jzpfay:aeonfh jrefrmEdkifiH
wdk;wufrIrsm;ESifhukrÜPDrsm;udk
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vnf; tdrfeD;csif;EdkifiHrsm;odkY
½dkufcwfvmcJhonf/ ]]jrefrmEdkifiH
wHcg;yGihfvmuwnf;u ywfouf
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trsm;BuD;avhvmcJhygw,f/t&rf;
qGJaqmifrI&SdNyD; uRefawmfwdkY&JU
azmufonfawGudk atmifjrifrI
awG aqmifusOf;ay;Edkifvdrhfr,f
vdkY xifygw,f}}[k Baker &
Mckenzie &efukef½Hk;cGJrS Baker &
Mckenzie rS Chris Hughes
u ajymcJhonf/in Myanmar providing across the board legal and tax advisory services.
DamirSagolj/Reuters
WMC

mmbiztoday.com
LOCAL BIZ 9
Myanmar Summary
Full Implementation of Mobile Banking
May Take up to Two Years
Ato adopt mobile
banking, it could take up
nology and large mobile
“Technology and mobile
a year or two given that
Ooredoo and Telenor are
Myanmar Business Today.
The implementation
to go to a branch loca
country, in particular in
“When mobile banking
won’t need bank branch
vate Bank, Innwa Bank
May Soe San
far have been allowed to
operate mobile banking
applied for the operation
they cannot meet the
Central Bank, including
Htike Kyaw, deputy gen
eral manager of KBZ
jrefrmEdkifiHwGifaiGaMu;qdkif&m
vkyfief;rsm;ydkrdkvG,fulvsifjref
vmap&ef Mobile Banking
pepftm; pwiftaumiftxnf
azmfaqmif&Guf&efpDpOfaeaomf
vnf; ,if;pepfwGif tqifhjrifh
Mobile enf;ynmESifh Mobile
Operator rsm;jzifh aqmif&GufrS
omatmifjrifEdkifrnfjzpfNyD;tenf;
qHk;ESpfESpfeD;yg;cefY tcsdef,l&OD;
rnfjzpfaMumif; Thura Swiss
NoorKhamis/Reuters
The Central Bank Law
tion Law, which aim to
been enacted, U Than
Maung, a legal expert,
told Myanmar Business
Today.
cated regarding the ben
telecommunication and
public and to apply a func
tically reduce the amount
to engage with government
From page 4...
From page 4...
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Mobile Banking pepftaumif
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[k Thura Swiss rS a'gufwm
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0g,rbPfvDrdwuf?tif;0bPf?
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aMumif; od&onf/
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usif;yjcif;tm;jzifh Xmersm;rS
t&m&Sdrsm;rSmrdrdwdkY½kH;pdkuf&mae&m
rS tjcm;ae&modkY oGm;a&mufp&m
rvdkbJ rdrd½kH;rSyif tpnf;ta0;
xdkifEdkifrnfjzpfonf/
vuf&Sdtaetxm;rsm; t&
e-Government azmfaqmif&ef
vkyfaqmifrIonfvmrnfhajcmufv
cefYMumvQif AD'D,dkuGefz&efYvkyf
Ekdifonfhtqifhtxda&mufrnf
jzpfaMumif; cefYrSef;xm;onf/

mmbiztoday.com
LOCAL BIZ 10
Myanmar Summary
Myanmar Summary
VDB Loi Boosts Myanmar
Credentials with Heineken Licence
L
tor in Myanmar, the My
owned company to under
in charge of Myanmar
who led the legal team
permit, Edwin Vander
before, and the client had
been told that it would
already have a ‘no’, why
May Soe San
that if you get engaged
able to put together a way
Jean Loi, VDB Loi man
aging partner who over
new kind of MIC Permit
never been done before,
I think you only win one
ment and corporate M&A,
tate, manufacturing and
Thilawa Special Econom
Most Exports Dip in
First Four Months of
2014-15FY
MMyanmar de
dropped 7 percent and
million during the period,
Kyaw Min 15 earned only $17 million,
in the period, racking up
from the border trade
,ckb@ma&;ESpf(2014-2015)
yxrav;vwmumvtwGif;
jrefrmEdkifiHydkYukefwifydkYrIonf
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ul;oef;a&mif;0,fa&;0efBuD;Xme
u owif;xkwfjyefcJhonf/jrefrm
EdkifiH v,f,mpdkufysKd;a&;ESifh
a&xGufukefypönf;wifydkYrIonf
ckepf&mcdkifEIef;ESifh 30 'or 7
&mcdkifEIef;toD;oD;usqif;cJhNyD;
tar&duefa':vm 835 oef;rS
126 oef;txd usqif;cJhonf[k
pm&if;Z,m;rsm;t& od&onf/
xdkYjyif opfawmxGufypönf;
wifydkYrIonfvnf; tqdk;0g;qHk;
xdcdkufcJhNyD; 2014-2015 b@m
a&;ESpf av;vwmumvtwGif;
tar&duefa':vm 17 oef;om
&&SdcJhNyD; 91 'or 4 &mcdkifEIef;
usqif;cJhaMumif; od&onf/
Containers at Hteedan port in Yangon.
UAung/Xinhua
VDBLoi
[efeDu,fbD,muydkifqdkifonfh
tm&S-ypdzdwftazsmf,rumvkyfief;
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ESifhjzefYcsdrI&&SdcJhonf[k jynfwGif;
Oya'ESifhpD;yGm;a&;tBuHay;
vkyfief; VDB u ajymcJhonf/
tqdkygcGifhjyKcsuftm; jrefrm
EdkifiHwGif &if;EDS;jr§KyfESHrIrsm;udk
uGyfuJxdef;n§day;aeonfhjrefrm
EdkifiH&if;ESD;jr§KyfESHrIaumfr&Sifu
jzifh jynfyukrÜPDwpfcktm; vkyf
ief;vkyfudkifcGifhcsxm;ay;jcif;onf
yxrqHk;tBudrfjzpfaMumif;
vnf;od&onf/jynfyukrÜPDrsm;
twGuf jzefYjzL;a&;vkyfief;rsm;
onf jrefrmEdkifiHwGif rMumao;rD
u zGifhvSpfcJhaomaps;uGufwGif
wif;MuyfpGmuefYowfxm;onf/

mmbiztoday.com
LOCAL BIZ 11
Myanmar Summary
Summit Highlights Gaps in
Myanmar’s Green Energy Potential
D
convened at the Myan
mar Green Energy Sum
mit in Yangon recently
the central [electricity]
Kadir, chairman of Con
fexhub Group, which or
the audience that green
growth in Myanmar, help
reduce poverty among
about the idea of placing
green energy at the center
and learn from their fail
alleviate poverty, create
Myanmar into the ASEAN
U Aung Khaing, chair
man of the Yangon Elec
tricity Supply Board
tal population currently
demand by local and in
Jacob Goldberg
hoped to generate excite
for electric power, other
Gauri Singh, a director
for the International Re
newable Energy Agency
the Myanmar government
dedicated to explaining
tary general of the Inter
national Committee for
hydropower potential of
Soe Moe, an executive en
gineer for YESB, recount
tion project in Twante
to 11 percent by upgrad
that while upgrading
central grid, much of the
reach them would be both
productivity by extending
director for Sunlabob Re
Ninety percent of renew
CEO of WEnergy Global
the idea of powering My
advocated for rapid con
“Don’t wait for the con
no need to wait to change
Reuters
EdkifiHwumrSpGrf;tifukrÜPDrsm;
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onfMo*kwfv 5–6 wGif&efukef
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pGrf;tifnDvmcHodkUwufa&mufcJh
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a&mifpGrf;tifenf;ynmrsm;jzifh
ajz&Sif;&eftvm;tvmrsm;udk
aqG;aEG;cJhMuonf/
jrefrmEdkifiHrSmt&if;tjrpf
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rm;vSaMumif;ESifhjrefrmEdkifiH
a'otrsm;pkrSmtpdrf;a&mifxkwf
vkyfEdkifonfhtajctaewGif&Sdae
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aumif;qHk; enf;vrf;jzpfaMumif;
nDvmcHudkpDpOfusif;yol
Confexhub tkyfpkrS Ouú| Dr
Abdul Aziz SA Kadiu
ajymMum;onf/
&efukefvQyfppf"mwftm;jzefY
jzL;a&;bkwftzGJU(YESB) OuúX
OD;atmifcifujrefrmEdkifiHpkpk
aygif;vlOD;a& 31 &mcdkifEIef;
omvQyfppf"mwftm;&&SdNyD;tpdk;
&taejzifh2015 wGif 50 &mckdif
EIef;txdwdk;jr§ifhjznfhqnf;ay;
Edkif &ef uwdjyKaqmif&Gufvsuf
&SdaMumif; ajymMum;onf/
jrefrmtpdk;&taejzifhpkpkaygif;
pGrf;tif 15 rS 20 &mckdifEIef;udk
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t&if;tjrpfrsm;rS&,lrnf[kqdk
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jynfhrD&eftkyfcsKyfpDrHcefUcGJrIqdkif
&mtwm;tqD;rsm;ododom
omydwfqdkUaeaMuif; EdkifiHwum
jyefjynfhNrJpGrf;tifat*sifpD
od&onf/

mmbiztoday.com
LOCAL BIZ 12
Myanmar Summary
Thailand, Myanmar Strike MICE Deal
T
he Thailand Con
vention and Exhibi
tion Bureau (TCEB)
Myanmar Federation of
improve and expand their
operate to promote trade,”
Aung Phyo
and commodity exhibi
hindering the full poten
to further improve and
expand trade promotion
deepen engagement and
expand collaboration in
preparation for the AEC
integration in 2015,” he
In 2013, Thailand re
ceived 7,101 Myanmar
drew 1,013,502 MICE
15 percent from the year
Reuters
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ta0;yGJrsm;ESifhukefpnfjyyGJrsm;
usif;ya&;AsL½dk TCEP tae
jzifh jrefrmEdkifiHwdk;wufa&muf&Sd
aeaomukefoG,frIvkyfief;rsm;
teuf ukefpnfjyyGJtpDtpOfrsm;
jyKvkyfEkdif&efoabmwlnDcJhaMumif;
od&onf/
xdkif;tpdk;&ydkiftzGJUtpnf;jzpf
onfh TCEP taejzifh jrefrm
EdkifiHtpnf;ta0;yGJrsm;?nDvmcH
rsm;?ukefpnfjyyGJu@rsm;wGifydkrdk
wdk;wufcsJUxGifEkdif&eftwGuf
UMFCCI ESifhoabmwlvufrSwf
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Myanmar Sets Up $51-m
Economic Zone in Muse
Tbuilding a new cen
tral economic zone
Aye Myat
approved by local authori
targeted to be completed in
tion point between Myan
mar and China, reaching
Gov’t Forms
Anti-Money
Laundering Central
Board
Tformed a central
board in a bid to
combat money laundering,
The central board will
cooperate with more in
ternational and regional
exchanging information on
ing to money laundering,
Myanmar enacted the
According to earlier re
cooperated with Thailand,
Zwe Wai combating money launder
Planning and the United
and Crime (UNODC)
Country Programme for
money laundering, which
for over 60 percent of My
billion in 2013, accounting
of the total and ranking it
Myanmar Summary
Myanmar Summary
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The border gate between Muse and Ruili, China.
JohnMeckley/Flickr
In 2013, Thailand drew 1,013,502 meetings, incentives, conventions and exhibitions (MICE) visitors,
with receipts totalling $2.94 billion. This year, TCEB expects 888,210 international MICE visitors,
generating $2.90 billion.
ipim.gov.mo

mmbiztoday.com
REGIONAL BIZ 13
Thai Economy Averts Recession as
Outlook Improves After Coup
Texpanded more
cal demand recovered af
ter a military coup ended
tional Economic & Social
Junta leader Prayuth
paid money due to rice
new government to revive
cutting the upper range
tion in economic activ
Zealand Banking Group
Suttinee
Yuvejwattana “we expect the unlocking
recovery for Thailand in
Export constraints
2 percent from a range
The economy may expand
“Even though the econ
omy will recover in the
planning agency, told a
Private consumption
year earlier, expanding
could be delayed further if
and appointed a National
Bloomberg
National Economic & Social Development Board said.
Bloomberg
Myanmar Summary
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vmjcif;jzpfonf/

mmbiztoday.com
REGIONAL BIZ 14
Myanmar Summary
Lee to Add Funding Options for Singapore
Retirees as Nation Ages
S
ing & Development Board
tral Provident Fund or
little pot of gold to draw
on, if they need to,” Lee
hand to provide for your
Sharon Chen
vey by Manulife Financial
are able to draw from
in the account to provide
Lump-sum withdraw-
als
65 and older to withdraw
vacation or pilgrimage, or
having a bit more control
kind of like a father who
Elderly package
neer Generation Package,
man Shanmugaratnam
will introduce a yearly
ber of elderly will triple
cording to the National
Population and Talent
Bloomberg
Singapore will broaden the options for its citizens to monetise state-subsidised homes, Prime Minister
Lee Hsien Loong said.
Bloomberg
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&efyl;wGJulnDay;rnf[k

mmbiztoday.com
INTERNATIONAL BIZ 15
Myanmar Summary
AirasiaDeniesReportIt’s
WeighingABidforJapan’sSkymark
AirAsia says report is rubbish
Ma media report
warned of uncertainty
failing to follow through
rier, which had been un
demanding “an extraordi
nary amount of compen
While the Nikkei report
by their daily limit of 50
er, Rakuten Inc, and other
yen, valuing the company
Anshuman Daga
Skymark could be at
little chance of a takeover
are unlikely to automati
growing concern that Ai
Myanmar Summary
Melbourne Tops Economist’s World
Most Liveable Cities Index, Again
Aonce again been
named among the
Melbourne topping the
international index pro
Intelligence Unit for the
The Victorian capital
(5th), Sydney (7th) and
The city narrowly edged
Melbourne achieved per
healthcare, education and
formed well in the other
in healthcare, education,
dominated the top 10 in
At the other end of the
table, many of the low
undermine the availability
In general, the rank
and Sydney also making the top 10.
WilliamWest/GettyImages
become challenging and
Brendan Sobie, chief ana
budget airline in Japan,
Reuters
without leading to high
currently experiencing
th
,
nd
place,
Agencies
An AirAsia engineer looks at an engine of Airbus SAS A320 aircraft
at Narita Airport in Japan.
KiyoshiOta/Bloomberg
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EIef;ckefwufoGm;cJhonf/

mmbiztoday.com
16

mmbiztoday.com
INVESTMENT & FINANCE 17
Myanmar Summary
Hedging between Giants: Myanmar,
China and the United States
Aform momentum,
balancing act between
Recently, when US Sec
retary of State John Kerry
arrived at the ASEAN Re
gional Forum in Nay Pyi
Taw, he wanted the “peo
ple of Myanmar to know
between China and Myan
between the two coun
In reality, the bilat
and Myanmar have been
Inadvertently, Myan
Rapid growth
performance
of economic growth and
Dan Steinbock
vironment with multiple
reliance on the abundant
low productivity in ag
riculture, the economy
include a decline in com
and further economic fra
Washington’s hopes
on foreign aid to Myan
ton and Tokyo are inten
uled to upgrade a rail
track from Yangon to
Mandalay, Japan won the
Meanwhile, US Con
intimidation of journal
From the Myanmar
ed Myanmar in 2012, but
Chinese setbacks
from China and Hong
from Korea, Thailand and
made reference to envi
tion, while the Myanmar
leader of the incumbent
general election in late
the termination of the
could have more exten
ject, which the Myanmar
government put on the
back burner in July, al
lowing the memorandum
Soon thereafter in early
rail tunnel through the
So the cooperation op
likely to follow only after
Hedging or
bandwagoning
inant Myanmar narrative
In Beijing, the Myanmar
the country will join the
According to US ob
project, which would
Indian Ocean, would give
alternative to the longer
In Beijing, the rail pro
bodia, Thailand and Ma
In Beijing, Myanmar
gle for democracy and hu
know only too well that a
the perception of band
The great balancing act
ate a middle ground that
Dr Dan Steinbock is the
research director of inter-
national business at the
India, China and America
Institute (USA) and a visit-
ing fellow at the Shanghai
Institutes for Internation-
al Studies (China) and EU
Center (Singapore). The
views and opinions ex-
pressed in this article are
the author’s own and don’t
Today’s editorial opinion.
US Secretary of State John Kerry attends the 4th
Nay Pyi Taw.
UAung/Xinhua
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mmbiztoday.com
David Mayes
I
recently read about
found a way to balance
Some think that planning
nothing to do with their
PlanningforBalance
priority number one, yet if
what you have to do to get
your career and deciding
in advance, preferably with
rate race and eventually
on the one hand can ad
vance your career rapidly,
Planning ahead and be
you feel like your part
in a place you would like
to be long term, even if it
but many people fail in
plan ahead of time and
I am lucky that I can work
decided my major in uni
likely to give me an op
tion to work from home at
thought of not being in an
and if you do not take the
time to actively plan what
you want out of it other
than purely monetar
to end up with whatever
interview if you admitted
that you placed your family
over your career, and if you
did get into banking you
A good approach to
lar outlook on balancing
“interview” the interviewer
with what you want out
take longer, but it will pay
David Mayes MBA
provides wealth man-
agement services to ex-
patriates throughout
Southeast Asia, focusing
on UK Pension Trans-
fers. He can be reached
at david.m@faramond.
com. Faramond UK is
regulated by the FCA and
provides advice on pen-
sions and taxation.
Myanmar Summary
they fail to plan ahead of time and get pressured into making one trade-off after another.
KellyAlexandraWilliams
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mmbiztoday.com
Myanmar Summary
Company Spotlight: Parami Energy Group
I
n July, Parami Energy
the Myanmar Center
tion provided on each
According to Parami
Energy Group CEO Ken
Tun, “We are committed
The Company
allowing them to leverage
According to Tun, the
an “innovative company
ing the typical Myanmar
“We believe that we can
what we are doing in our
Aundrea Montaño
Building Internal
Controls and Policies
ferent kind of company in
tractive feature to foreign
ply with international
growth and development,
ment internationally
it will be audited by an
international accounting
COO Yap Kwong Weng
complicit in any human
Parami Energy Group
implemented a human
and environment (HSE)
“[We are] channelling
our energy in the right
Corporate Social
Responsibility
dearth of education and
capacity in Myanmar,
Parami Energy Group
wady region, and Shan
already impacted over
nomic development of
SME capacity building
area include the delivery
out the country by 2015
already planted in Kayin
“We believe engaging
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ParamiEnergyGroup
ParamiEnergyGroup

mmbiztoday.com
Myanmar Summary
Investors in Thailand: Maintain Contingency PlansThailand’s coup could spell future trouble for the country’s political stability and security situation. Investors would be wise to maintain
contingency response plans in case the situation worsens. Such plans should involve pre-identifying specific events that trigger corresponding
actions, the cultivation of relationships with local allies, and the development of a commercial intelligence program.
C
they occur there more
argue that they are nec
There are already large
tion that feel politically
alienated in Thailand, and
ian violence in Southern
Thailand that, after a brief
land will recover from
performance, an interim
Nicholas Borroz
temporary bandage that
of a deterioration in Thai
that include the following
lence emerge in Thailand,
to carry out a compre
tain commercial intelli
them a leg up in imagining
with whom to build rela
mercial intelligence pro
Adopting the above
pate turmoil in Thailand,
in a haphazard, panicked
Nicholas Borroz is an
independent analyst of
energy geopolitics and in-
vestment strategies, spe-
cialising in energy-related
infrastructure. He works
for a DC-based risk con-
sultancy and has previ-
ously worked for the US
government in interna-
on development, energy,
and economics. You can
reach him on Twitter at
@NBorroz or on his blog,
www.nicholasborroz.
wordpress.com.
The views and opinions
expressed here are the au-
thor’s own and don’t nec-
Business Today’s editorial
opinion.
A protester is detained by Thai soldiers during an anti-coup demonstration in Bangkok.
Reuters
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mmbiztoday.com
Myanmar Summary
China Flounders in Myanmar while India GlidesMajor Chinese infrastructure projects in Myanmar keep hitting snags
Otion announced the can
cellation of an agreement
ment to build a railway
connecting Kunming in
China to Kyaukpyu in
director Myint Wai attrib
uted the cancellation to
Myanmar Yang Houlan
the project would pro
the Myanmar govern
2011 MoU between the
followed the route of an
China Railway Engineer
In exchange, the CREC
would have retained man
Jacob Goldberg
the railway would have
citing environmental and
exporting local natural
The cancellation of
ently falling prey to public
will connect Myanmar
port Project, which will
facility to accommodate
Kaladan River in Rakhine
will connect Paletwa in
Chin State to the border
Kaladan Movement in
Rakhine State and the
alarm about the Kaladan
project due to the lack of
environmental impact
by either the Indian or
Myanmar government to
living along the route of
proceed with the creation
that will connect Moreh
man of the environmental
Myanmar Business To-
day
the environmental impact
of the highway cannot yet
be made given the current
The fact that both In
anmar have faced public
the Myanmar govern
funded by both India and
China have been met with
According to Madhurjya
Kamar Dutta, program
manager for trade and
Development and Coop
dalay highway will bring
connectivity between My
it will complete one of the
Highway network and
tween Thailand and the
Mekong Corridor’ to link
opening of a new eco
apparent imbalance of
“
The fact that both Indian and
Chinese infrastructure projects in
Myanmar have faced public oppo-
sition, while India’s projects have
remained intact, may suggest that the
Myanmar government has chosen India
to pick up where China has been forced
to leave off.”
Indian Minister of External Affairs Sushma Swaraj attends the 4th
-
national Convention Center (MICC) in Nay Pyi Taw. India is stepping up efforts to engage more closely with Myanmar in a bid to gain trade
access to the ASEAN region.
UAung/Xinhua
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mmbiztoday.com
New Media Laws: Creating a Legal Basis
for Media Freedom in Myanmar
Inounced the adoption
freedom into the coun
government for withhold
by the lower and upper
the print media in a coun
Stefanie Siegfried
ty, undermining the “rule
of law” or harming ethnic
amended by the Upper
Due to the opening of
the country, and the im
portance of international
bill have been made that
needed to be reviewed in
accordance with interna
were held between the
the power of the govern
compliance with the law
have been reduced from
through a long review
Contd. P 23... Contd. P 23...
Myanmar Summary
Workers arrange pages of the International Herald Tribune newspaper in Yangon, Myanmar. The International Herald Tribune became the
on media.
UAung/Xinhua
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xm;onf/ tpdk;&u cefYtyfxm;

mmbiztoday.com
PROPERTY & REAL ESTATE 23
Myanmar Summary
SPS Touts Making Yangon
Realty Investment “a Breeze”
P
ing development advice,
valuation and market re
A wing of Singapore
company owner Hugo
veyor backed by a decade
of experience in property
commercial realty which
into the perplex Myanmar
reliable Yangon property
they are eager to make
their mark in the city re
SPS Myanmar, which
ally accredited to perform
Kyaw Min
Yangon property valu
you in any of your prop
extend development ad
property valuation, creat
market targeting, project
From page 22...
protection of media free
drafted by the MPC, the
granting private daily
for freedom of media and
media, including regula
claim lacking compliance
Law with international
Media Law introduced
and the recognition of
in the right direction have
been made, the govern
aged to build upon the
ratify the International
Covenant on Civil and
current Media Law in or
ance with international
Foreign media compa
META Communication
International GmbH that
with local media to extend
gaining a foothold in My
the need for the creation
freedom and freedom of
Strohal Legal Group
-
fering highly personal-
ised services specialis-
ing in international and
cross border business.
SLG enjoys a well-estab-
lished reputation across
Europe, Southeast Asia
and the Middle East. In
Myanmar, SLG provides
services under the name
U Min Sein & Strohal As-
sociates Law Firm.
The views and opinions
expressed here are the
author’s own and do not
-
anmar Business Today’s
editorial opinion.
From page 22...
Workers at a construction site in Yangon.
WaiLinnKyaw
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awmufwm;jrpfrnf[k qdkxm;
onf/

mmbiztoday.com
24PROPERTY & REAL ESTATE
Q&A: Your Property Finder (YPF)
Managing Director Charm May Thu
Myanmar Business
Today (MBT):
ty Finder (YPF) Company
Charm May Thu
(CMT):
ing innovative and break
network with more than
ating in Brunei, China,
wan, Thailand, Vietnam
for ERA to provide real
are very excited about the
current and future market
Wai Linn Kyaw
MBT:
CMT:
modern marketing tool
Facebook, LinkedIn and
both in Singapore and
about our online market
out to be potential deal
MBT:
CMT:
client can take a look at
MBT:
CMT:
I handle on a routine ba
Having trained many
conducting the viewing,
power, ability to point out
future price appreciation
MBT: Tell me about a
would you have done dif
CMT:
never really put me in any
tenant, landlord, devel
cookie if you know how to
handle them well enough
and manage their expec
MBT: What made you
CMT:
property with future po
MBT:
CMT:
Singapore and Myanmar
groomed in both coun
back to you on that for an
MBT: How do you handle
CMT: I live, eat and
have dealt with count
MBT: Do you have any
CMT:
we guide them with our
property related market
MBT: What, in your
CMT:
ket knowledge, competi
Myanmar Summary
Your Property Finder, Managing Director Charm May Thu.
Supply
Yangon skyline.
WaiLinnKyaw
MBT - Your Property Finder
(YPF)ukrÜPDvDrdwuftaMumif;
udk ajymjyygvm;¿
Charm May Thu (CMT) -
YPF [m pifumyl ERA &JU
vkyfief;cGJwpfckjzpfNyD; pifumyl&JU
tdrfNcHajrat*sifpDvkyfief;udk
OD;aqmifaewJhtBuD;qHk;ukrÜPD
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udk,fpm;vS,f&Sdygw,f/
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Facebook, Link in, Twitter
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tjyif Virtual Tour awGudk
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awGb,favmufrsm;rsm;a&mif;cs
cJhNyD;NyDvJ¿
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vHk;rSm tdrfNcHajrawGtajrmuf
trsm;a&mif;csay;EdkifcJhygw,f/

mmbiztoday.com
AUTOMOBILE 25
Myanmar Summary
China Finds Mercedes-Benz Guilty of Price Fixing
Daimler price fixing probe part of broader industry clampdown
Gbeen found guilty
Daimler, the parent
declined to comment fur
Brenda Goht
National Development
(NDRC), launched an in
were overcharging Chi
The Xinhua report,
announced that it would
of 15 percent and BMW
an average of 20 percent,
In the longer run, forc
might happen gradually
or more,” the brokerage
in China, Daimler and
would take a hit of around
1 percent in 2015, and
Anti-competitive
practices
Price Bureau found evi
in neighbouring Shang
The European Chamber
of Commerce in China
that European compa
couraged from appealing
“The European Cham
trative intimidation tac
China, enabling them to
buying a new vehicle,
citing a report from the
China Automotive Main
tenance and Repair Trade
mium car brand in China,
of whom operate in China
with a local partner, have
year by 2015, while Audi
Reuters
Ford Plans New Hybrid Series
to Compete With Toyota Prius
Fto introduce a new
The compact car will be
rather than a variation of
Paul Lienert
unnamed vehicle will be
including a more expen
can be recharged from an
The new Ford hybrid
an annual rate of about
Some of the hybrid tech
nology, including electric
expected to provide better
fuel economy and range
compact architecture,
Ford, like other major
hybrid technology to meet
America, Europe and
Reuters
Visitors look at a Mercedes-Benz SLK class car during the 15th Shanghai International Automobile In-
dustry Exhibition in Shanghai.
CarlosBarria/Reuters
Myanmar Summary
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mmbiztoday.com
26IT & TELECOM
Why Twitter Will Outlast Facebook
I
’m not really one for
pecially where it con
world, but in 2011 I made
the eyebrow of a friend
from your “FB” network
app out there that con
Twitter is a news
source. We can follow
on Twitter and get up to
Ed Heil
ing” the information they
determine when they
want the public to “get
neighbourhood for peo
the way that media have
News media mem-
bers have embraced
Twitter. A while ago,
I wrote a piece on how
by creating their own per
not privy to that informa
tively engaging their fol
talking to people through
but real time engagement
Engage with “fa-
mous” people on Twit-
ter.
people have Facebook
not much chance you’re
going to engage with a
due to the “public” nature
of the wall and how infor
receive a comment back
on Twitter than on Face
on Twitter than on Face
Twitter is easier to
use on a mobile de-
vice. Don’t get me wrong,
your mobile device, but
It’s easier to avoid
annoying people on
Twitter.
all have a handful of peo
“unfriend” them, we ei
ther put up with their in
comb through your Twit
Commercialisation
will kill the Facebook
experience.
will ruin Facebook for a
that for a lot of people and
can learn about our audi
my opinion, I’d love to
Myanmar Summary
An illustration picture shows the log-on icon for the Website Facebook and Twitter on an Ipad in Bor-
deaux, Southwestern France.
RegisDuvignau/Reuters
An eBay logo is projected onto white boxes in this illustration picture taken in Warsaw.
KacperPempel/Reuters
E
EBay told potential can
of PayPal chief executive
Supantha Mukherjee
& Edwin Chan
“The board will continue
value and to enhance the
growth and competitive
part of PayPal, and what
remained unclear, The In
Icahn eventually backed
in the near future, now
an independent PayPal
can grow by attracting on
Reuters
Myanmar Summary
Ed Heil is owner of Sto-
ryTeller Media & Com-
munication.
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mmbiztoday.com
IT & TELECOM 27
Myanmar Summary
Commercial Launch in Country’s Capital
A
extravagant to date, be
ing held in the Myanmar
International Convention
event, Ooredoo provided
Taw from Yangon and ac
Logan Linnane commodation for attend
entertainment of tradi
cluded: U Myat Hein, un
nication and information
Group CEO of Ooredoo
Opening the ceremony,
breaking down the barri
He continued to outline
how Ooredoo will im
for human growth, by
highly on the emerging
telecommunication in
portance of a competitive
align with their commu
Ooredoo Myanmar, de
now be made available
While Ooredoo opened
with a promotion where
from: K500 for a daily
30MB of internet, K3,000
for 200MB daily, and
come with a “Facebook
in Myanmar.
TinMgOo
S Korean Firm to Supply Electric Equipment
Worth $13m to Myanmar Company
L
whole length of the con
tract, the South Korean
Kyaw Min cluding the vacuum cir
Of the 210 vacuum cir
the Korean company,
Under the comprehen
deal, the Korean company
worldwide with about 100
Cormack expanded on
nouncing a K100 “Social
Network Kyat Pack” for
with the new Ooredoo
network, the telecom pro
300MB internet, over a
the conference attempted
coverage throughout
reach 25 million citi
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Myanmar Summary
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mmbiztoday.com
28
INTERNATIONALANDDOMESTICFLIGHTSCHEDULE
Fligghhtss ffroom Yanggon (RGNN) to Bangkok ((BKK) Fligghhtss 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
FFligghhtss ffroomm Yangoon (RGN)) to Chiaang Maii (CNX) FFligghhtss ffroomm 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 frroomm 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
Flligghhtss ffroomm Yangon (RGN) to Ho CChi Minhh (SGN) Flligghhtss ffroomm 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
Flligghhtss ffroom Yanggon (RGNN) to Kunming(KMG) Flligghhtss 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)
Fligghhtss ffroom Yanggon (RGNN) to Naanning (NNG) Fligghhtss ffroom Nannning (NNNG) to Yaangon ((RGN)
MU2012 3 6 RGN NNG 12:20 16:25 China Eastern MU2011 3 6 NNG RGN 10:15 11:30 China Eastern
FFligghhtss ffroomm Yangoon (RGN)) to Honng Kong (HKG) HHonngg 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.
Flligghhtss ffroomm Yangon (RGN) to Guanng Zhouu (CAN) Flligghhtss ffroomm 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)
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)
Fligghhtss ffrom Yanngon (RGGN) to GGaya (GAAY) Fligghhtss 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
FFligghhtss ffrom Yanngon (RGGN) to SSeoul (ICCN) FFligghhtss 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
Flligghhtss ffroomm Yangon (RGN) to Nay Pyi Taww (NYT) Flligghhtss ffroomm Nay Pyyi Taw (NNYT) to Yangonn (RGN)
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
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

mmbiztoday.com
IT & TELECOM 29
Thai Tech Firm Expands into Myanmar,
Eyes IT Enterprise Segment
Tmember of Singa
country in a bid to capital
Narong Intanate, execu
tive chairman of The Value
an opportunity in Myan
Myanmar into the world
tured market and growth
why we have to explore and
and Myanmar (CLM) that
Aye Myat
lion annually but had been
and Myanmar are expected
20 percent in the coming
ed to the company if we
more than 60 million with
“We expect Myanmar
will contribute half our rev
expect our revenue from
abroad will exceed half
our total revenue,” Narong
Myanmar Summary
SimonDawson/Bloomberg
LG G3 UX Treatment to be Standardised Across
Mid- to Entry-Level Smartphones and Tablets
L
duced in the new LG G3,
Wai Linn Kyaw
Myanmar Summary
experience they genuinely
Park, managing director
make every LG device feel
wide unveiling in May,
One of the key cam
Another UX feature to
input error by up to 75
percent by tracking and
and intuitively “knowing”
tended to type, according
The keyboard can be
appear above the key
board, can be entered
LG Electronics
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UX features LG G 3 prwf
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mmbiztoday.com
SOCIAL SCENES 30
Daw Kyu Kyu Naing, Chair-
person of Tokyo University
of Social Welfare Myanmar
Japanese language office.
EDNAMyanmar
LaunchEvent
U Win Myint, director of policy reviewing planning
and statistics department for Ministry of commerce
gives a speech at the event. Kyaw Min
Daw San San Ye, mentor and field officer at the
event. Kyaw min
Richard Seymour, senior lecture and program director,
makes presentation at the event. Kyaw Min
U Kyaw Su Han, CEO of EDNA Myanmar. Kyaw Min Delegates at the event. Kyaw min
Delegates at the event.
Kyaw Min
Delegates cutting ribbon at the event.
Kyaw Min
PressConference:Yoma
YangonInternational
Marathon2015
U Kyaw Soe, Secretary General of YCDC, giving the
opening speech at the Yoma Yangon International
Marathon. Kyaw Min
Andrew Rickards, CEO, Yoma Strategic Holdings,
speaking at the Yoma Yangon International Mara-
thon. Kyaw Min
Serge Pun, Chairman, YOMA Strategic Holdings (R)
presents a token of appreciation to U Kyaw Soe, Secre-
tary General of YCDC (L). Kyaw Min
Serge Pun, Chairman, YOMA Strategic Holdings (R)
presents a token of appreciation to an attendee at press
conference. Kyaw Min
Delegates pose for a photo at the event. Kyaw Min
Promotion event of Thai Goods,
Thai Quaility 2014
Terada Makato gives his
speech at the event.
Delegates pose for a photo.
Guests at the event. Guests at the event.
2nd
Anniversaryof
TokyoFukushiUniversity

mmbiztoday.com
CLASSIFIEDS 31

mmbiztoday.com
32ENTERTAINMENT
Huawei Celebrates First Ever Fans Meet Up
Kyaw Min
H
uawei Device Myanmar
“fan meetup” recently
at Latt Mu Gone, Karaweik
Garden, Kandawgyi Natural
Park in Yangon to award a total
participated at the Huawei
Myanmar facebook page and
Yangon International Marathon to be Held in Jan’15
Myanmar’s largest annual marathon target an increase of more than 1,000 participants
Tgon International
Marathon (YYIM)
will be held on January 11
Development Committee
to grow the marathon
about 3,000 local and
Kyaw Min
tinue to grow the event
Serge Pun, chairman,
people from all over the
peaceful competition
and the importance of a
forward to joining the
and will continue until
www.
yomayangonmara-
thon.com
Bogyoke Aung San Road,
are working with YCDC
2015 will be announced
and will be available for
viewing on the event
include are Botahtaung
Charity ambassadors
anthropic component will
named, the common
at the YYIM launch event
and include Grace Swe
principal and founder of
and managing director
Ltd, Lung Sitt Ja Moon
member of pop group Me
An announcement will be
will be announced in the
of YYIM 2015 can write
Kariuki from Kenya
int Aye of Myanmar won
21km Half Marathon
Paul Kimani Wambui
and Mary Wangui Kiguru
both from Kenya with
online and connect with them
According to a recent report
where people go from having
tive mobile device Facebook
and communicating with their
online campaign with outdoor
event would be great for them
A new philanthropic component will also be introduced for YYIM 2015 whereby selected Charity Ambas-
sadors will use the race as a platform to raise funds, and awareness for chosen charities.
YomaStrategicHoldings
Ms Huawei J Naw gives away a prize to a quiz contest winner.
Huawei

Myanmar Business Today - Vol 2, Issue 34

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Myanmar Business Today - Vol 2, Issue 34