ข่าวเศรษฐกิจและธุรกิจประจำสัปดาห์

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  The government will soon publicly announce details about restricted and prohibited investments by foreign firms and joint venture projects, as well as those businesses approved by the union ministry and state projects (Directorate of Investment and Company Administration - DICA)

  RANGOON – The government will soon publicly announce details about restricted and prohibited investments by foreign firms and joint venture projects, as well as those businesses approved by the Union ministry and state projects, said U Than Aung Kyaw, deputy director general of Directorate of Investment and Company Administration (DICA). Despite the Union Ministry of National Planning and Finance officially releasing the Burmese language version of the country’s investment by-law on the DICA website on April 1—with 25 sections and 238 articles—the business community is asking the government to release information about its preferred investments by both local and foreign companies.
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  The construction and engineering sectors in Myanmar can progress at a much faster rate than its regional neighbors like Vietnam because it has British building standards and codes (CEO of Singapore-based Surbana Jurong)

  The construction and engineering sectors in Myanmar “can progress at a much faster rate” than its regional neighbours like Vietnam because it has British building standards and codes, the head of a major urban development con¬sultancy has said. Wong Heang Fine, group CEO at Singapore-based Surbana Jurong, said a shared legacy of British rule means, “My¬anmar is a very natural market for us as we export our engineering services – much more so than, say, a former French territory.”
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  Yangon based fintech company ThitsaWorks has launched data management solutions for small and medium microfinance institutions (MFIs), as it seeks to take their operations out of notebooks and onto screens

  Yangon based fin¬tech company ThitsaWorks has launched data manage¬ment solutions for small and medium microfi¬nance institutions (MFIs), as it seeks to take their op¬erations out of notebooks and onto screens. The firm hopes that through its cloud and data centre services, mi¬crofinance organisations will become more efficient and the country’s poor will have easier access to capital.
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  The government plans to build new industrial zones and satellite townships across the country (Union Minister for Planning and Finance)

  Satellite township pro¬jects, the government an¬nounced last week. The government has plans to build new in¬dustrial zones and satel¬lite townships across the country, U Kyaw Win, the minister for planning and finance, told an invest¬ment conference. Under the plans, foreign and local investors in old industrial zones will also have equal investment rights in new projects, added U Kyaw Win.
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  Importers of heavy machinery, such as tractors and bulldozers, will soon be allowed to import brand new stock to showrooms throughout the country as part of the government's plan to boost construction

  Importers of heavy ma¬chinery such as trac¬tors and bulldozers will soon be allowed to import brand new stock to showrooms throughout the country as part of a government plan to bol¬ster construction. The Ministry of Com¬merce announced last week that it would begin issuing import licences for the vehicles soon.
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  The government will build a sustainable automotive policy in order to meet the challenges of the country's emerging auto industry

  The government will build a sustainable automotive poli¬cy in order to meet the challenges faced by the country’s emerging auto industry, a meeting of au¬tomobile entrepreneurs has heard. The government plans to combine the rules and regulations of all relevant departments into one co¬herent policy, while in¬creasing tax revenue, cre¬ating jobs and investing in new technology, Kyaw Win, the union minister of planning and finance, told a meeting led by Vice- President U Myint Swe.
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  The Yangon Stock Exchange (YSX) can be a training ground for local companies (experts)

  Myanmar firms at the top of their game should list on foreign exchanges, an audience at a Bloomberg conference in Yangon has heard, but others should consider listing on the lo¬cal exchange as a training ground. Kesara Manchusree, President of the Stock Ex¬change of Thailand, told an audience at the Invest Myanmar conference in Yangon earlier this month that larger local enterpris¬es could get experience in tightening up their gov¬ernance and reporting procedures by joining to Yangon Stock Exchange.
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  Myanmar and Thailand agreed to continue Dawei SEZ project within a month and a two-lane highway to link Thailand and Dawei SEZ will be built (Ambassador of Thailand to Myanmar)

  Visits to Myanmar led by the deputy prime minister of Thailand, followed by a visit from the minister of transportation of Thailand who met with Vice President Henry Van Thio in February, resulted in an agreement to continue the Dawei SEZ project within a month. Pisanu Suvanajata, the Thai ambassador to Myanmar who attended the meeting with Henry Van Thio, spoke exclusively to the Myanmar Times in February 22 that both sides agreed to restart the SEZ.
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  The rise of US Dollar value in currency exchange markets is leading to an increase in rice export volumes, risen by 25,000 tonnes this fiscal year as of 3 March 2017 compared to the same period last year (Myanmar Rice Federation - MRF)

  The rise of the US dollar value in currency exchange markets is leading to an increase in rice export volumes when compared to the previous financial year, said U Ye Min Aung, managing director of Myanmar Agribusiness Public Corporation (MAPCO) and the general secretary of the Myanmar Rice Federation (MRF). According to figures up until March 3, Myanmar’s rice export has risen by about 25,000 tonnes compared to the export volume in the fiscal year 2015-16, he said. This year’s rice export is likely to go up to nearly 1.5 million tonnes, he also said at a course-completion ceremony on rice export sector held on March 13.
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  Yangon's ports are expected to receive more than 2 million containers by 2020, compared to 890,000 containers in 2015 (Myanma Port Authority - MPA)

  Yangon’s ports are expected to receive more than two million containers by 2020, according to the Myanma Port Authority (MPA). They received 890,000 containers in 2015, said Zaw Tun Lwin, deputy general manager from the MPA.