permanent secretary

Myanmar gears up investment promotion with ‘bold’ plan

May 21, 2019 by Thiha

Though some international companies are still in a wait-and-see mood before pouring their money into Myanmar, the nation remains confident that it can attract heavy investment this year, thanks to its ambitious Myanmar Investment Promotion Plan (MIPP). Aung Naing Oo, permanent secretary at the Ministry of Investment and Foreign Economic Relations, said at a workshop […]

Filed Under: Latest News Tagged With: Aung Naing Oo, foreign direct investment (FDI), Ministry of Investment and Foreign Economic Relations, Myanmar, Myanmar Investment Promotion Plan (MIPP), permanent secretary, three-phase plan

India, Myanmar sign MoU towards Sittwe Port operationalisation

October 30, 2018 by Thiha

NEW DELHI: India and Myanmar signed an important MoU on Monday for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy. Following this MoU the process […]

Filed Under: Latest News Tagged With: Ambassador of India, Chin, Daw Aung San Suu Kyi, Foreign Secretary, India, India's Act East policy, Kaladan Multi-Model Transit Transport Project, Ministry of Transport and Communications, MOU, Myanmar, Myanmar Defence Services, Northern Rakhine State, Paletwa Inland Water Terminal, permanent secretary, private Port Operator, rakhine, Senior General Min Aung Hlaing, Sittwe port, State Counsellor, U Thant Sin Maung, U Win Khant, Union Minister, Vijay Gokhale, Vikram Misri

With U Set Aung in charge, no excuse for Kyaukphyu to repeat Thilawa’s rights abuses

July 25, 2018 by Thiha

Chair of Thilawa Special Economic Zone Management Committee (TSMC) is now also at the helm of Kyaukphyu’s SEZ body. Given that there is now an SEZ precedent to learn from, U Set Aung should ensure Kyaukphyu does not repeat the human rights abuses and lack of transparency in which Thilawa was mired. U Set Aung, […]

Filed Under: Latest News Tagged With: AdvisingAsia, Central Bank of Myanmar, Chair, Commerce Minister U Than Myint, counsel, Deputy Finance Minister, Deputy Governor, DICA, Finance minister U Soe Win, former chair, Henry Van Thio, KSMC, Kyaukphyu, Kyaukphyu SEZ Management Committee, lecturer, Mandalay International University, Ministry of Planning and Finance, Mitsubishi, Myanmar investment commission, permanent secretary, Pietro Borsano, Planning and Finance Ministry., Rakhine State, sumitomo, Thilawa Special Economic Zone Management Committee, TSMC, U Kyaw Aye Thein, U Set Aung, U Tun Tun Naing, vice chair of KSEZ, Vice-President

Myanmar to trim Kyaukphyu cost but drops Annan’s strategic review suggestion

July 18, 2018 by Thiha

Nay Pyi Taw’s plan to reduce the cost of Kyaukpyu Special Economic Zone, including the proposed deep-sea port, will help cap its external debt load and avoid repeating Sri Lanka’s Hambantota’s precedent, according to London-headquartered research firm BMI Research. At the same time, a government committee has dropped any mentioning of commissioning a Strategic Environmental […]

Filed Under: Latest News Tagged With: Asia analyst, BMI Research, central bank, Chair, China, Chinese Investment, Chinese sources, CITIC-led consortium, deep sea port, DICA, director-general, Directorate of Investment and Company Administration, domestic capital market, economic adviser, Environmental and Social Impact Assessments, ESIA, Export-Import Bank of China, former Rakhine Advisory Commission, Hambantota Port, Hong Kong, ICJ, ILO, International Commission of Jurists, International Labour Organisation, Kofi Annan, KSMC, Kyaukphyu SEZ, Kyaukphyu SEZ Management Committee, Kyaukpyu Special Economic Zone, labour market assessment, Loans, MIC, Ministry of Planning and Finance, Myanmar investment commission, NLD, permanent secretary, planning and finance minister, Rakhine State, Raphael Mok, sea, Sean Turnell, SEZ Central Executive Committee chair, Sri Lanka, State Counsellor, Strategic Environmental Assessment, U Aung Soe, U Soe Win, U Than Myint, U Thaung Tun, U Tun Tun Naing

Government announces new MIC appointments, U Thaung Tun as new chair

June 28, 2018 by Thiha

The Union government on Saturday officially announced changes in the ranks of the Myanmar Investment Commission (MIC). According to notification (61/2018), U Thaung Tun, union minster of Ministry of the Office of the Union Government, formerly a member of the MIC, will now be the commission’s chair. Meanwhile, Dr Than Myint, Union Minister of Commerce, […]

Filed Under: Latest News Tagged With: a minister, Central Executive Committee Member, Daw Mya Thuza, Daw Nilar Kyaw, Deputy Minister, DICA, director-general, Directorate of Investment and Company Administration, Dr Aung Tun Thet, Dr. Than Myint, economist and advisor, former deputy director general, international financial standards, international relations, MIC, minister for planning and finance, Ministry of Commerce, Ministry of Electricity and Energy, Ministry of Natural Resources and Environmental Conservation, Ministry of Planning and Finance, Ministry of the Office of the Union Government, Myanmar investment commission, new MIC chair, New Myanmar Investment Law, permanent secretary, Secretary of MIC, Special Economic Zones, U Aung Naing Oo, U Aye Lwin, U Htay Chun, U Htein Lwin, U Khin Maung Yee, U Kyaw Win, U Set Aung, U Thaung Tun, U Toe Aung Myint, U Tun Tun Oo, Union Attorney General, Union Minister of Commerce, union minster, Union of Myanmar Federation of Chambers of Commerce and Industry, Yangon Region Government

Over the last year, Myanmar’s energy sector stumbles in right direction

May 19, 2018 by Thiha

Home to one of the world’s oldest oil and gas industries, oil exploration in Myanmar began in the early Bagan era. During the reign of King Anawrahta in the Bagan Era, evidence shows that the Buddha’s Three Teachings were coated with oil to prevent damage. With the nationalisation of the oil industry in 1963, the […]

Filed Under: Latest News Tagged With: Australia’s Tap Oil, Bagan Era, China, domestic gas, export item, Foreign Exchange, foreign investors, Gas Power Plants, India’s Reliance Industries, King Anawrahta, Malaysian state-owned oil company Petronas, MIC, MInistry of Construction, Ministry of Energy, Ministry of Energy and Electricity, MOEE, moge, MPRL E&P, MPRL E&P Pte Ltd, Myanma Oil and Gas Enterprise, National League for Democracy Led Government, natural gas, offshore, offshore supply bases, onshore, OSB, permanent secretary, Posco Daewoo’s Shwe gas field, Production Sharing Contracts, PSCs, PTT Exploration and Production, PTTEP, singapore, Tanintharyi Region, Tea Circle, Thailand, Thal Sandy Tun, Total’s Yadana gas field, U Pe Zin Tun, U Win Khaing, Union Minister, Yangon University of Foreign Languages

Salary hike for all government employees to start from April

May 8, 2018 by Thiha

Ministry of Planning and Finance issued a notification dated April 29 which says salaries of all government employees including military personnel will be hiked in accordance with their time pay scale starting from April 30 payday. The notification signed by Union Minister of Planning and Finance Ministry Kyaw Win says, “The benefits under this notification […]

Filed Under: Latest News Tagged With: fixed salary staff, foreign currency, foreign lands, Foreign Ministry, Government Employees, military personnel, Ministry of Planning and Finance, Mizzima, Myanmar Lunar New Year, notification, permanent secretary, Planning and Finance Ministry Kyaw Win, President Win Myint, Tun Tun Naing, Union Minister

Businesses push for better communications with Nay Pyi Taw

September 26, 2017 by Thiha

THE government should update the business community with the latest economic activities and manage the expectations, according to domestic and foreign investors at a recent investment forum held in the country’s capital. Investors in Myanmar would like to see a push towards further liberalisation of the economy. More people are taking part in the private […]

Filed Under: Latest News Tagged With: 12-point economy policy, Chair of British Chamber of Commerce Myanmar, Chief Executive Officer, country chair of Jardine Matheson, domestic and foreign investors, Euromoney, managing director of YGA Capital, market-oriented system, Melvyn Pun, Ministry of Planning and Finance, Myanmar Global Investment Forum, National League for Democracy Led Government, Nay Pyi Taw, new Companies Act, permanent secretary, Peter Beynon, private sector, Rules and Regulations, U Thura Ko Ko, U Tun Tun Naing, Yoma Strategic

Hantharwaddy airport priority for govt

September 21, 2017 by Thiha

THE planned Hantharwaddy International Airport is the only priority in the area of aviation under the National League for Democracy-led government, said U Win Khant, permanent secretary of Ministry of Transport and Communications. He made his comments in relation to the government’s Transport Master Plan during the sideline interview with The Myanmar Times at Myanmar […]

Filed Under: Latest News Tagged With: Andrew McNaughton, Bago Region, dca, Department of Civil Aviation, Euromoney, government agency, Hantharwaddy International Airport, Heho Airport, Incheon Airport Consortium, infrastructure, Japan International Cooperation Agency, JICA, Kawthaung airport, Kyauk Taing Kan village, Loans, mandalay, Mandalay International Airport, Mawlamyine Airport, MIC, Ministry of Transport and Communications, Mon State, Myanmar Global Investment Forum, Myanmar investment commission, National League for Democracy Led Government, Nay Pyi Taw, old Second World War Japanese airfield, permanent secretary, private-sector company, public road networks, public-private partnership (PPP) system, Shan State, Singapore-based Yongnam-CAPE-JGC Consortium, Tanintharyi Region, the UK Prime Minister’s Business Ambassador, transport master plan, U Win Khant, Yangon International Airport

First China-Myanmar tourism industry training course opens today in Yangon

September 15, 2017 by Thiha

The first China-Myanmar hotel and tourism vocational one-month course will open Thursday in Yangon, thanks to the cooperation between the embassy of the People’s Republic of China and the Ministry of Hotel and Tourism. Teachers from Dehong Vocational College of Yunnan will instruct 30 young waiters and waitress in restaurant services. From this initial training, […]

Filed Under: Latest News Tagged With: chair of Myanmar Tourism Federation, Dehong Vocational College of Yunnan, deputy chief of mission and minister-counselor, embassy of the People’s Republic of China, First China-Myanmar tourism industry training course, foreign investment, hotel capacity, Human Resource Development, International Visitors, Malaysia, Ministry of Hotel and Tourism, Mr Chen, permanent secretary, restaurant services, singapore, Thailand’s foreign visitors, the Ministry of Hotel and Tourism, tourism industry, U Yan Win, U Yee Mon