Public companies in Myanmar – companies whose shares can be bought by the public – lag behind privately-owned firms in corporate disclosure and governance, according to the latest transparency report released on Tuesday. This is the fifth Pwint Thit Sa report (Transparency in Myanmar Enterprises) undertaken by Yangon-based Myanmar Centre for Responsible Business (MCRB) in […]
Yangon firm “implements” Bago industrial park without known EIA
August 3, 2018 by
Yangon-based Hantharwady Development Public Company has begun the implementation of the proposed industrial park in Bago Region but The Myanmar Times could not find any environmental assessment or approval regarding the project, which is required by law. Bago’s regional government has released its investment report for the last two years on July 20. A domestic […]
Luxury British Yacht Makers Vow to Examine Supply Chains
January 31, 2018 by
LONDON – Illegal teak from Myanmar is still likely entering the supply chains of some major luxury yacht makers and ending up as decking, says one environmental defense organization. In a statement released before the London Boat Show earlier this month, Britain’s Environmental Investigation Agency (EIA) warned that two of the show’s main exhibitors could be selling […]
Myanmar: Transparency should be the key to boost the teak market
January 23, 2018 by
The authorities in Myanmar were reminded by the Environmental Investigation Agency (EIA) that if they don’t clarify the flow of logs which go from the forests to the mills, the legality of the wood for export will always be doubted by the teak importers. Myanmar has been striving to ensure forest conservation and the production […]
