ข่าวเศรษฐกิจและธุรกิจประจำสัปดาห์

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  Diversification of trade partners is important for Myanmar's rice export: over 90 percent of Myanmar's rice trade is done via border trade with China (Myanmar Rice Federation)

  Myanmar rice exports are up 93 percent from 2008 with most of the gains attributed from trade with the Chinese market, but such heavy reliance on its northern neighbour could become disastrous. This sentiment was disclosed at the annual general meeting of the Myanmar Rice Federation (MRF) and a workshop on the development of Myanmar rice sector.
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  Myanmar's revenue from fishery exports in the 2015-16 fiscal year will be lower than the previous year: earnings from fishery exports last fiscal year was more than 482 million USD (Myanmar Fishery Federation - MFF)

  According to MFF statistics, in 2015-16 fiscal year until January 31 export of fishery products stood at $372 million. By March 31, when the current fiscal year finishes, the figure could reach about $450 million. “The earning from fishery export of the previous year was more than $482 million. For this fiscal year, even if the potential earning from the remaining two months is added, it might not reach the amount earned last fiscal year. Export revenue will surely decrease this year,” Myanmar Fishery Federation Chairman U Han Tun said.
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  Myanmar's Ministry of Hotels and Tourism implements five community-based tourism (CBT) projects

  The project areas include the Pa-O Self-Administered Zone in Shan State, Indawgyi Lake in Kachin State, Thantaunggyi in Kayin State, the Ayeyawady dolphin sanctuary in Mandalay Region and Demawso in Kayah State.
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  Land price in Kyaukphyu special economic zone (SEZ) shoot up due to strong demand from local business people: average price of farming land per acre rose from 2-5 million Kyat until November 2015 to 4-8 million Kyat

  Average price of farming land per acre until November 2015 ranged from K2-5 million, but now it ranges from K4-8 million, with most of the buyers being local businesspeople.
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  New concessions to explore gem-rich areas in upper Myanmar will not be granted until by-laws to the Myanmar Gemstones Law have been passed, which is unlikely to happen under the outgoing government (Ministry of Mines)

  The ministry asked local companies to submit applications to explore mining blocks in Kachin State, Shan State and Sagaing Region in August last year. The deadline for applications – initially November 2015 – was extended to January 18 to allow companies to prepare the necessary documentation.
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  Thai cement giant Siam Cement Group (SCG) records 20 million USD in sales revenue from its ready mixed concrete business in Myanmar in 2015 fiscal year, a 31% rise year on year

  SCG said it has been expanding market coverage and strengthening distribution channel across Myanmar to serve business expansion and forthcoming commercialisation of the cement plant. SCG began its business in Myanmar over 20 years ago. With five subsidiaries driven by 340 employees, SCG sells variety building materials market products.
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  Thailand's Siam Cement Group seeks to ease concerns about a coal-burning plant that will power its new cement factory in Kyaikmaraw, Mon State: they invited a number of monks to visit their plant in Lampang,Thailand

  Mawlamyine Cement Limited (MCL), a joint venture between SGC and Pacific Link Cement Industries, is building a US$400 million cement plant in Mon State, due to open in mid-2016. To power the project, the company is building a coal-fired power plant in the compound, which has raised concerns among the local community.
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  The new government needs to create new policies under the reshuffled leadership of the Myanmar Investment Commission - MIC (industry observers)

  The MIC played a major role in amending the Investment Law that was approved in January. The law combines the 2012 Foreign Investment Law and the 2013 Myanmar Citizens Investment Law, changes the mandate of the MIC and, at least in word, expands human rights protections for future foreign investment projects. According to MIC data, the top foreign investment sectors in Burma are power (33 percent), manufacturing (22 percent), oil and gas (20 percent), telecommunications (11 percent) and hotels and tourism (5 percent).
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  The consortium building Hanthawaddy International Airport in Bago Region has signed a framework agreement with the Department of Civil Aviation (DCA): a concession agreement will follow, with construction of Myanmar's new hub predicted to finish in 2022

  JGC Corporation, Yongnam Holdings and Changi Airports International form the consortium that won the tender to build and run Hanthawaddy International Airport in October 2014 after the original bid winner – a joint venture headed by South Korea’s Incheon International Airport Corporation – and the government fell out over the project proposal, as previously reported by The Myanmar Times.
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  Indian agri logistics group SohanLal Commodity Management (SLCM) Pvt Ltd signs an agreement with local lender Global Treasure Bank for collateral financing: the interest rate for loan disbursement will be 13%

  SLCM will store agri-commodities, fishery products and imported goods at its warehouses with signing of this deal, which aligns with the company’s strategy to facilitate trade by giving collateral financing to small and medium sized traders, processors, farmers, importers and exporters.