Natural Resource Governance Institute

Mining Decentralisation in Myanmar Requires Better Implementation to Succeed

October 31, 2019 by thiha

Recent reforms in Myanmar’s mining sector have given greater powers to states and regions. Following regulatory changes in 2018, the responsibility for issuing permits for artisanal and small-scale mines has shifted from Nay Pyi Taw to licensing boards overseen by state and regional governments. According to the mines law, artisanal mining refers to individuals working […]

Filed Under: Latest News Tagged With: civil society organisations, Environmental Conservation, Maw Htun Aung is NRGI Myanmar Country Manager, Natural Resource Governance Institute, Nay Pyi Taw, NRGI, Sebastian Sahla is a consultant, The Union Government, Union Ministry of Natural Resources

Better oil and gas deals needed in the future, say experts

November 28, 2018 by Thiha

Efforts must be taken to lessen Myanma Oil and Gas Enterprise’s (MOGE) tax burden from contracts signed with joint-venture firms to work offshore oil and gas fields, a report states. According to the “State-Owned Economic Enterprise Reform in Myanmar: The Case of Natural Resource Enterprises” report by the Natural Resource Governance Institute (NRGI) and Renaissance […]

Filed Under: Latest News Tagged With: build-operate-transfer system, central bank, commercial, Extractive Industries Transparency Initiative, financial, foreign investment, Foreign Oil Companies, International, investment, Military, Ministry of Commerce, Ministry of Electricity and Energy, moge, Myanma Oil and Gas Enterprise, Natural Resource Governance Institute, NRGI, offshore, oil and gas, project, Renaissance Institute, Shwe Natural Gas, special commodity taxes, Stamp Duties, Taxes, Union Tax Law, Yadana, Yetagun

Representatives call for review of SOE law

September 13, 2018 by Thiha

Representatives of Parliament have urged lawmakers to review an existing law under which the government must bail out loss-making State-owned enterprises (SOEs) with public funds. A total of 17 out of the 26 Myanmar SOEs under the Union budget are expected to turn a profit in 2018-19, commencing October 1, according to the Ministry of […]

Filed Under: Latest News Tagged With: Central Bank of Myanmar, Gas Enterprise, Ministry of Planning and Finance, MoPF, Myanma Agriculture Development Bank, Myanma Economic Bank, Myanma Foreign Trade Bank, Myanma Insurance, Myanma Investment and Commercial Bank, Myanma Oil, Myanma Posts and Telecommunications, Myanmar Gems Enterprise, Myanmar National Airline, Myanmar Pearl Enterprise, Myanmar Timber Enterprise, Natural Resource Governance Institute, Renaissance Institute, SOEs, State-Owned Enterprises

Myanmar’s state-owned enterprises show how much reform is still needed

August 6, 2018 by Thiha

NOTHING has been made in the engine factory in Thagaya, in the south of Myanmar, since April last year. Yet around 350 employees still turn up each day. In 2016 government-owned factories like this one made a loss of more than $200m. When Myanmar moved from military dictatorship to a form of democracy, its new […]

Filed Under: Latest News Tagged With: airlines, Asian forum, budgets, China, Deloitte, Finance Minister, Finance Ministry, foreign investment, GDP, Gems, global accounting firm, Kyaw Win, Malaysia, Myanmar Gem Enterprise, Natural Resource Governance Institute, New York, oil and gas, philippines, SOEs, state-owned bank, State-Owned Enterprises, telecommunications, Thagaya, Timber, zombie factories

Shrouded in secrecy, SOE profits are not financing country’s development

July 20, 2018 by Thiha

Reallocation of excess savings from Myanmar Gems Enterprise (MGE) and Myanma Oil and Gas Enterprise (MOGE) alone could provide more than K2.8 trillion in available financing for the government’s budget in the fiscal year starting from October, on top of covering expenses of the two state-owned enterprises. The government has lost more than US$2 billion […]

Filed Under: Latest News Tagged With: Andrew Bauer, education, Exchange Rate, Finance Ministry, healthcare, hluttaw, MEB, MGE, moge, Myanma Oil and Gas Enterprise, Myanmar Economic Bank, Myanmar Gems Enterprise, national currency, Natural Resource Enterprises, Natural Resource Governance Institute, Nay Pyi Taw, NRGI consultant, public service providers, SEE, social services, SOEs, State Owned Economic Enterprises Law, State-Owned Enterprises, Tax collectors, Treasury, Union budget, Yangon-based Renaissance Institute

Proposed Gemstone Legislation Risks Leaving Flawed System Intact

June 7, 2017 by thiha

The proposed Gemstone Law, currently under discussion in the national legislature, would largely perpetuate many flaws in the governing framework created by the then-military-led government in 1995, according to Natural Resource Governance Institute (NRGI). In July 2016, the new NLD-led government decided to suspend issuing jade and gemstone licences until relevant laws could be reviewed […]

Filed Under: Latest News Tagged With: Central Gemstone Supervisory Committee, Environmental Conservation, Gemstone Law, Jewellery Authority, Myanmar Gemstone Enterprise, Natural Resource Governance Institute, NLD, NRGI, Paul Shortell, The Ministry of Natural Resources, The Myanmar Gem, The Myanmar Times

Villagers in Myanmar Describe the Destructive Power of China’s Building Frenzy

May 23, 2017 by thiha

Kyaukphyu, Myanmar — President Xi Jinping of China is hosting a conference in Beijing this weekend to showcase one of his biggest gambles: a planned investment in pipelines, ports, trains, roads and other projects to link China to much of the rest of the world, including Europe and Africa. Called One Belt, One Road, the multibillion-dollar initiative seeks to generate business for China’s state-owned enterprises […]