Stakeholders

Fishery exports targeted over $1 bln in current FY: MFF reports

December 1, 2020 by Thiha

Myanmar Fisheries Federation (MFF) targets to earn over US$1 billion from fisheries exports in the current financial year started from 1 October 2020, said General Secretary U Win Kyaing from MFF. Myanmar sends fish and fishery products to external market through air and sea routes as well as land borders. Myanmar exported 670,000 tonnes of […]

Filed Under: Latest News Tagged With: concerted, Contribute, COVID-19, Exports, Fisheries, fishery, indicated, MFF, post-coronavirus, Stakeholders, Targeted, techniques, undoubtedly

Why the World Bank Torched its ‘Ease of Doing Business’ Ranking

October 19, 2020 by Thiha

In August, the World Bank suspended its Doing Business Report due to what it referred to as a “number of irregularities.” According to Bloomberg, since 2003 the report has ranked 190 economies “based on how easy it is to do business there, taking into account trading regulations, property rights, contract enforcement, investment laws, the availability […]

Filed Under: Latest News Tagged With: consequences, fatal, full-blown, market-friendly, methodological, modernizing, Report, Stakeholders, structural, World Bank’s

Myanmar solar tender not all about cheap pricing

September 21, 2020 by Thiha

MADAM – I follow The Myanmar Times’ excellent and extensive coverage of the solar tender with enormous interest. Reporting by John Liu – via his latest scoop on the tender results – and other journalists at your paper captures the controversy surrounding what could have been the defining solar power initiative in Myanmar. Alas, the […]

Filed Under: Latest News Tagged With: Authorities, Cheap, communicated, comprehensive, Domestic firms, government, industry, local firms, Myanmar Solar, Stakeholders

IFC report recommends alternatives to high-risk Myitsone

January 3, 2019 by Thiha

A government-sponsored study warned against restarting the highly controversial Myitsone dam and recommended alternatives to develop the country’s hydropower sector. The final version of the Strategic Environmental Assessment (SEA) of the hydropower sector, supported by the energy and environment ministries and authored by the International Finance Corporation, has been published. The SEA involved a range […]

Filed Under: Latest News Tagged With: Ayeyarwady, Ayeyarwady River, basin, CHina Power Investment Corporation, Chindwin, Chinese, coastal, construction, Ecodev, ecosystems, electricity, Global Times, hydropower, hydropower sector, IFC, International Finance Corporation, Mali Hka, marine ecosystems, MCRB, Mekong, Mekong River Commission, MIID, Myanmar, Myanmar Institute for Integrated Development, Myanmar Sustainable Development Plan, Myitsone, Myitsone Dam, N’mai Hka, natural resources, NLD, renewable energy, river, sea, socio-economic, Solar, SPIC, Stakeholders, State Power Investment Corporation, strategic decisions, Strategic Environmental Assessment, subbasins, Thanlwin, Yunnan Province

Protests and demonstrations a key concern for extractive companies

December 19, 2018 by Thiha

Protests and demonstrations pose a serious security threat to the oil and gas industry as well as mining sector in Myanmar, a recent poll among industry players showed. Yangon-based Myanmar Centre for Responsible Business (MCRB) organised workshops aiming to raise awareness of the relevance of Voluntary Principles on Security and Human Rights (VPSHR) for Myanmar’s […]

Filed Under: Latest News Tagged With: armed groups, Chevron, copper-mine, Douglas Barnes, EIA, Environmental Impact Assessment, extractives industry, gemstones sector, gold, human rights, International Alert, international trade, Letpadaungtaung, MCRB, mining, Mining Sector, Myanmar, Myanmar Centre for Responsible Business, natural resources control, Nay Pyi Taw, Oil and Gas Industry, Oil and Gas Sector, Ophir, PanAust, PeaceNexus, Protests, rakhine, Romaric Roignan, Security, Shell, Stakeholders, Total, UK Embassy, Voluntary Principles, VPSHR, Woodside Myanmar, Yangon

Improvements still needed to boost property, construction sectors

October 18, 2018 by Thiha

Stakeholders in the property and construction sector say there is still a need for a body or organisation to oversee, implement and enforce the regulations under Condominium Law 2016 and Condominium Rules 2017. The lack makes the legislation less effective presently those in the business say. As there are very few condo projects in Yangon […]

Filed Under: Latest News Tagged With: Condo Projects, Construction Sectors, Improvements, property, Stakeholders

Myanmar state counselor calls for efforts for regaining top rice exporting country status

March 12, 2018 by Thiha

YANGON, March 7 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi has called on farmers and stakeholders in the country to strive for regaining the past status of top rice exporting country by turning to new agricultural methods such as organic farming, Myanmar News Agency reported Wednesday. Aung San Suu Kyi made the call […]

Filed Under: Latest News Tagged With: Climate Change, Farmers, Local and foreign experts, local rice industry, Myanmar news agency, Myanmar Rice Federation Stakeholder Forum, Myanmar State Counselor Aung San Suu Kyi, Myanmar's rice export, Nay Pyi Taw, new agricultural methods, Organic farming, research, rice bags, rice industry, Stakeholders

Bid to boost corporate transparency in Myanmar accelerates

November 6, 2017 by Thiha

An annual study on business transparency of Myanmar companies would be widened next year to encourage inclusiveness and accountability in a larger context, according to Myanmar Centre for Responsible Business, a Yangon-based initiative funded by six European nations. MCRB director Vicky Bowman said that the assessment of companies’ websites would be doubled to 200 firms […]

Filed Under: Latest News Tagged With: anti-corruption practices, Asean Corporate Governance, bid, community, final report, governance policy, Indonesia, International Finance Corporation, large taxpayers, Malaysia, MCRB director Vicky Bowman, medium- and large- sized companies, methodology, Myanmar business consultancy, Myanmar Centre, Myanmar Companies, Myanmar enterprises, national economy, public companies, Pwint Thit Sa, singapore, six European nations, social licence, Stakeholders, Thailand, the Philippines, Yangon Stock Exchange

Sampath Bank funds mega hotel development project in Myanmar

October 13, 2017 by Thiha

Sampath Bank PLC, a pioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully concluded a loan transaction with Yangon based hotel developer Family Business Group Hotel Limited (FBGHL), Myanmar. This loan marks yet another giant stride in the steady rise of the Bank’s off-shore […]

Filed Under: Latest News Tagged With: Aung Than, Bank’s Foreign Currency Banking Unit, Chairman / Managing Director, Director / Chief Executive Officer (CEO), Family Business Group Hotel Limited, FBGHL, FCBU, H. E. Nimal Karunaratne, hotel developer Family Business Group Hotel Limited, international hotel chain, Inya Lake, Ko Ko Latt, Lakkhana Gunaratne, Manager, mega hotel development project, Myanmar, Myanmar representative office, Nanda Fernando, Novotel Hotel Max, regulatory and legal clearances, Sampath Bank PLC, Sampath Bank PLC’s Managing Director, Sri Lanka’s Ambassador, Sri Lankan bank, Sri Lankan investors, Sri Lankan market, Stakeholders, Yangon’s Kamayut Township

Fuel Importers Submit Proposal for Deep-Sea Port in Yangon

July 26, 2017 by Thiha

Representatives of the oil and gas industry have submitted a business proposal to the government to a build a deep-sea port near Yangon. “We are studying the potential logistics and feasibility of a deep-sea port project 20 miles from Yangon to reduce transportation costs for maritime trade and fuel imports,” Dr Win Myint, Secretary of […]