The European Union

EU’s withdrawal of GSP not to affect foreign investment flow in Myanmar: official

October 31, 2018 by Thiha

YANGON, Oct. 28 (Xinhua) — The European Union (EU)’s probable withdrawal of its Generalized Scheme of Preference (GSP) will not impact the foreign investment flow in Myanmar, the official Global New Light of Myanmar quoted an investment administration official as saying Sunday. This will be due to the fact that EU countries have never been […]

Filed Under: Latest News Tagged With: Britain, China, China's Hong Kong, Deputy Director General, DICA, Directorate of Investment and Company Administration, EU countries, EU Trade Commissioner, European Investors, foreign investment flow, Generalized Scheme of Preference, Global New Light of Myanmar, GSP, Myanmar, Netherlands, Rakhine issue, singapore, Statistics, Thailand, The European Union, U Than Aung Kyaw, U.S. dollars

Myanmar’s food sector being transformed by investment in production and sustainability measures

July 26, 2018 by Thiha

A cleaner production and higher sustainability project for Myanmar’s food and beverage industry is bringing much needed transformation. Tha Bar Wa, a four-year project, it is being implemented by the World Wid Fund for Nature (WWF), in partnership with the Myanmar Food Processors and Exporters Association (MFPEA) and Savings Banks Foundation for International Cooperation (SBFIC). […]

Filed Under: Latest News Tagged With: a four-year project, and Environmental Conservation, Ayeyarwady State, EMP, Environmental Management Plan, eu, food and beverage industry, Gaurav Gupta, H.E. Kristian Schmidt, MFPEA, Ministry of Education, Ministry of Industry, Ministry of Natural Resources, MOE, MOI, MONREC, Myanmar Food Processors’ and Exporters’ Association, Savings Banks Foundation for International Cooperation, SBFIC, Silvia Sartori, SMEs, sustainable business programme manager, SWITCH- Asia Programme, Tha Bar Wa, Tha Bar Wa Project Manager, the EU’s ambassador, The European Union, U Sein Thaung Oo, vice-chairman of MFPEA, wastewater treatment system, World Wid Fund, WWF, Yangon City Development Committee, YCDC

Myanmar better off in good graces with the West

January 10, 2018 by Thiha

Two developments stood out in Myanmar’s international relations landscape in 2017: The increasing Chinese influence in the country and the immense diplomatic pressure from international community on the government’s handling of the Rakhine crisis. Analysts cautioned Myanmar against overdependence on China for its development and urged the country to mend ties with the West to […]

Filed Under: Latest News Tagged With: 21st Century Panglong Conference, a political commentator, Arakan Rohingya Salvation Army, ARSA, Bangladesh, Britain, China, China’s strategic Belt and Road Initiative, Chinese Foreign Minister Wang Yi, Commander-in-Chief Senior General Min Aung Hliang, Director, domestic peace process, eu, former commander, international community, Muslim community, Myanmar Centre for Responsible Business, Myanmar National Democratic Alliance Army (Kokang), Myitsone mega hydropower plan, National League for Democracy, NLD, President Xi Jinping, Rakhine crisis, security risk, Senior Associate, State Counsellor Daw Aung San Suu Kyi, Thailand, the East Asia Program, The European Union, the export market, the Stimson Center, the Ta’ang National Liberation Army, the United States, U Aung Thu Nyein, United Nations Security Council, UNSC, Vicky Bowman, Western Command General Maung Maung Soe, World Bank, Yun Sun

Myanmar’s Private Sector to Cooperate With China to Build Agronomics Service Center

July 30, 2017 by thiha

YANGON, July 24 (Xinhua) — Two Myanmar private organizations have signed a memorandum of understanding (MoU) with China’s CITIC Construction to implement an agronomics service center project, Myanmar News Agency reported Monday. The MoU, which involves Myanmar Rice Association and Myanmar Agronomics Public Corporation, was signed in Nay Pyi Yaw in the weekend. The project […]

Filed Under: Latest News Tagged With: China, China CITIC Construction, Emata Rice, Myanmar Agronomics Public Corporation, Myanmar ministry of commerce, Myanmar News Agency Reported, Myanmar Rice Association, National Development Plan, Nay Pyi Yaw, Ngasein Rice, Parboiled Rice and Broken Rice to International Market, South Africa, Sticky Rice, The European Union, Two Myanmar Private Organizations, Xinhua, Yangon

Garment manufacturing: How to navigate Myanmar’s ethical maze

July 18, 2017 by Thiha

As it undergoes profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after hubs for fashion sourcing. The country’s opening-up to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics […]

Filed Under: Latest News Tagged With: Adam Mansell, aung san suu kyi, Bangladesh, BSCI, Business Social Compliance Initiative, Cambodia, CEO, Chief Executive, child labour, China, Chinese manufacturer Dishang, Chinese-owned factory, compliance policy, corporate income tax relief, Dishang, Ethical Trading Initiative, ETI, European director, fashion, GAP, garment factories, garment industry, Global Economy, global fashion brands, H&M, ILO, Immigration and Population, import duty relief, import/export procedures, industrial relations, internal conflict, isolation, labour laws, management-level staff, Marks & Spencer, military rule, Ministry of Labor, Myanmar, Myanmar Garment Manufacturers Association, National League for Democracy, Netherlands-based Centre, NLD, Nobel Peace Prize laureate, Oxfam International executive director, Peter Needle, Philip Roebuck, Primark, Rana Plaza factory, Reebok, Reuters, Sedex members ethical trade audit, Segura, SEZ, share price, SMETA, South-East Asian nation, Special Economic Zone laws, supply chain compliance systems, The European Union, the UK Fashion and Textile Association, UKFT, United Nations’ International Labour Organization, us, Vietnam, vocational training, Waste and Resources Action Programme, Western brands, Winnie Byanyima, WRAP, Yangon

Myanmar sees boost in private investment in agriculture

January 13, 2017 by Thiha

Investment in agriculture by private companies is increasing in Myanmar, raising expectations that the modernization of the sector will progress at last. Myanmar Agribusiness Public Corp. (Mapco) has built a large rice mill in a bid to boost exports of rice, while Myanma Awba Group has launched a project to build an agricultural chemical factory. […]

Filed Under: Latest News Tagged With: Africa, agrichemicals, agriculture, Ayeyarwady, China, domestic growers, factory, Farmers, fertilizers, infrastructure, International Finance Corp, Kyaiklat, Myanma Awba Group, Myanmar Agribusiness Public Corp (Mapco), Myanmar sees, Naypyitaw, Railway, rice, Russia, Sate Counselor Aung San Suu Kyi, seeds, South Asia, Southeast Asia, Thailand, The European Union, the World Bank group, Transport, Vietnam

Myanmar courting global producers

January 12, 2017 by Thiha

The Myanmar authorities have sped up efforts in recent months to increase the country’s attractiveness for global manufacturers. The latest move was revealed in September by the Myanmar Investment Commission (MIC) and concerns the move to allow local and foreign investors into industrial zones across the country. This follows requests by companies from Hong Kong […]

Filed Under: Latest News Tagged With: agricultural sector, Aung Naing Oo, Aye Thiha, Bago, Bangkok Bank seminar, chief executive officer of Thiha Group, commission secretary, DICA, Directorate of Investment and Company Administration, FDI, Foreign Direct Investment, foreign-owned factories, garment factories, global manufacturers, Hong Kong, industrial zones, Internal Revenue Department, Japan, land prices, Local and Foreign Investors, MIC, Myanmar and foreign investors, Myanmar Garment Entrepreneurs Association, Myanmar investment commission, Nattawin Phongphetrarat, Nilar Kyaw, Pakainay Leng-Ee, Shan State and Mandalay Region, Small- and Medium-Sized Enterprises, South Korea, Strategic Urban Development Plan, Thailand-based Millcon Steel, the director of the Urban Planning Department, The European Union, Thilawa Special Economic Zone, Toe Aung, vice president of the Thai Business Association in Myanmar, Yangon, Yangon City Development Committee, YCDC

Myanmar’s forests face myriad problems as logging ban continues

October 1, 2016 by thiha

YANGON – Myanmar’s forests are rich. They are rich in variety, in natural resources, and in wildlife. But they are also rich in danger. “Myanmar’s forests are more in crisis than ever before,” said Faith Doherty, lead forest campaigner at the UK-based Environmental Investigation Agency. “If you just look at what’s happened in the last […]

Filed Under: Latest News Tagged With: Agriculture Organization, aung san suu kyi, Brazil, Burma, China, Devi Thant Cin, Environmental Investigation Agency, European trade, Faith Doherty, fao, Finance Program, FLEGT, food, Forest Law Enforcement Governance Trade, Forest Trends Forest Policy, forestry, Indonesia, Kachin, Kerstin Canby, Ministry of Environmental Conservation, MTE, Myanmar Green Network, Myanmar Timber Enterprise, National League for Democracy, NLD, Sagaing Divisions, Shan, The European Union, Trade, UK, us, Wildlife Conservation Society in Myanmar, World Bank, Yangon

New US trade preferences highlight challenges for Myanmar exporters

September 22, 2016 by thiha

Myanmar’s business sector has welcomed US plans to lift almost all remaining sanctions against the country and reinstitute special trade preferences, but some industries could find it hard to take advantage of the new environment. US President Barack Obama announced this week that he intends to lift the state of emergency the US declared against Myanmar in […]

Filed Under: Latest News Tagged With: Alexander Jaggard, China, Daw Toe Nandar Tin, Economist U Khin Maung Nyo, Exporters Association, Generalized System of Preferences, GSP, Herzfeld Rubin Meyer, Mekong Economics, Myanmar Fishery Products Processors, Myanmar Garment Manufacturers Association, Myanmar Oriental Bank, North American Markets, OATAM, Overseas Agro Traders Association of Myanmar, Rose in Yangon, SDN, specially designated nationals, The European Union, U Aung Win, U Mya Tha, US President Barack Obama

EU says Myanmar needs ‘space’ to deal with rights abuses

June 27, 2016 by thiha

YANGON: The European Union said on Wednesday Myanmar needed “space” to deal with human rights abuses in its restive northwest, adding it would respect the call by country leader Aung San Suu Kyi to avoid the term “Rohingya” to describe persecuted Muslims there. The statement exposes a rift in the West’s approach to the sensitive […]

Filed Under: Latest News Tagged With: ANP, aung san suu kyi, Myanmar Buddhists, Rakhine State, Rohingya, Special Rapporteur on Human Rights in Myanmar, Thailand, The Arakan National Party, The European Union, United Nations Human Rights, United States, Wai Wai Nu, Women Peace Network Arakan, Yangon