Phyo Min Thein

Phyo Min Thein and the business of government

July 4, 2019 by Thiha

The Yangon chief minister’s business ventures, including low-cost housing and Yangon Petrol, were the main talking points from a marathon press briefing on June 5. By YE MON | FRONTIER If there has been one defining feature of U Phyo Min Thein’s tenure as Yangon Region chief minister, it is his eagerness to get involved […]

Filed Under: Latest News Tagged With: business, government, Phyo Min Thein, Yangon Bus Service, Yangon Petrol, Yangon Region

Myanmar’s fuel market: from fanfare to standstill

June 10, 2019 by Thiha

IN JULY 2017, Frontier reported on the longstanding frustration among drivers in Myanmar at the poor quality of fuel sold at local stations. Just a few months earlier, the Myanmar Investment Commission had abolished a requirement that foreign investors in the sector partner with the Ministry of Energy and Electricity. The larger local players were […]

Filed Under: Latest News Tagged With: CNPC, Edwin Vanderbruggen, EuroCham Myanmar, foreign investment, Fuel, KBZ Group, Kyaukphyu, Max Myanmar, Ministry of Electricity and Energy, Myanmar investment commission, Myanmar Port Authority, National Infrastructure Holding Company, petrol, Phyo Min Thein, PTT, Puma Energy, Shell, ThilawaShwe Taung Group, Total, VDB Loi, Yangon Petrol

Yangon chief minister calls for auto production efforts for global market

January 29, 2019 by Thiha

Myanmar must make efforts to manufacture a whole car and penetrate the international market, said Yangon Region chief minister Phyo Min Thein at the first international automobile show held in the Inya Lake Hotel compound on February 23. He laid out the government’s preparations for facilitating car imports as well as giving opportunities for domestic […]

Filed Under: Latest News Tagged With: Automobiles, BMW, car production, chief minister, DFM, Ford, international automobile show, Inya Lake Hotel, Myanmar, Phyo Min Thein, Scania, Suzuki, Toyota, Yangon

Kovind launches mobile app for farmers in Myanmar

January 3, 2019 by Thiha

President Ram Nath Kovind on Wednesday launched a mobile app developed for farmers in Myanmar and dedicated a centre and a bio park to promote agriculture research and education to the people here. Kovind is in Myanmar on a two-city visit to continue India’s high level bilateral engagements under the rubric of the ‘Act East […]

Filed Under: Latest News Tagged With: 'Act East' policy, ACARE, Advanced Centre for Agricultural Research and Education, agriculture, Chief Minister of Yangon, education, Farmers, Green Way, India, information, Knowledge, M S Swaminathan Research Foundation, mobile app, Myanmar, Neighbourhood First Policy, Phyo Min Thein, President Ram Nath Kovind, Raveesh Kumar, Rice Bio Park, rice biomass, Scientists, Yangon International Airport, Yezin Agricultural University

Yangon CM says region economy run by over 30,000 MSME businessmen

November 26, 2018 by Thiha

Yangon Region Chief Minister Phyo Min Thein said that there were over 30,000 businesses of Micro, Small, Medium Enterprises (MSMEs) registered as business entities in the Yangon Region and they run the region’s economy. “We compiled the list of these businesses by using digital technology. Over 30,000 businesses are registered in the region and our […]

Filed Under: Latest News Tagged With: 7th Trade Fair, assistance, Businesses, chief minister, commercial, digital technology, domestic, foreign missions, Fortune Plaza, mandalay, Medium Enterprises, Micro, MSMEs, Phyo Min Thein, REPASSA Company, Small, Thaketa Township, trade fair, Yangon, Yangon Region

Investment Agency Says Business Donations to Government Officials Violate Graft Code

August 8, 2018 by Thiha

YANGON — The Directorate of Investment and Company Administration (DICA) announced on Friday that companies and body corporates are not allowed to donate money either directly or indirectly to ministries or regional government departments, citing the Myanmar Companies Law 2017, to prevent corruption between government bodies and private companies. U Aung Naing Oo, director general […]

Filed Under: Latest News Tagged With: A Member, ACC, Accommodation, airfare expenses, Anti-Corruption Commission, CEO, chairman of the ACC, China, code of ethics, corporate social responsibility, CSR, daily food expenses, Daw Lei Lei Thwin, DICA, director-general, Directorate of Investment and Company Administration, government tenders, investment agency, Malaysia, Malaysian fraudster Ong Kean Swan, multilevel marketing company, Myanmar Companies Law 2017, Naypyidaw, Phyo Min Thein, Planning Finance Minister U Kyaw Win, professional gamblers, self-styled backer, State Counselor Daw Aung San Suu Kyi, Taiwan, U Aung Kyi, U Aung Naing Oo, UMFCCI, Union of Myanmar Federation of Chambers of Commerce and Industry, Yangon Chief Minister

Plenty of political will but no cash for New Yangon project

July 23, 2018 by Thiha

Large areas west of the Yangon River here look dark and depressed, at least from an airplane taking off or landing from the capital’s airport after sunset. In stark contrast to the city center, on the east side of the river, where high-rise commercial buildings and shiny condominiums are popping up, the opposite bank gives […]

Filed Under: Latest News Tagged With: CCCC, China Communications Construction Co., conglomerate Serge Pun & Associates, democracy, government-backed finance, Kyimyindaing township, Myanmar, National League, New Yangon Development Co., NYDC, Phyo Min Thein, private-sector investors, Public-Private Partnership, Serge Pun, Swiss Challenge, urban development project, Yangon Chief Minister, Yangon River

CEO Conference 2018 on the economy held in Yangon

May 21, 2018 by Thiha

The CEO Conference 2018 on the economy was held in Yangon at the Novotel Yangon Max on May 11. The CEO Conference 2018 was a forum of senior Myanmar government officials, eminent persons in their fields, top CEOs and business people. The CEO Conference 2018 was attended by Deputy Minister of Planning and Finance Ministry […]

Filed Under: Latest News Tagged With: business persons, CEO Conference 2018, Deputy Minister of Planning and Finance Ministry, DICA, Director of Directorate of Investment and Company Administration, Dr. Myint Naing, Dr. Wunna Aung, economist Dr. Aung Tun Thet, entrepreneurs, four youth leaders, Global Shapers Yangon Hub, Investment Law, Maung Maung Win, MIC, Myanmar CEOs, Myanmar investment commission, Novotel Yangon MAX, Phyo Min Thein, Sagaing Region government Chief Minister, Yangon, Yangon Region government Chief Minister

Myanmar hires China Communications to survey bold new city

May 8, 2018 by Thiha

Myanmar’s plans to build a city twice the size of Singapore took a step forward this week with the signing of a framework agreement with China Communications Construction Company (CCCC) to conduct preconstruction surveys as a prelude to the $1.5bn first phase of the scheme. It may not be CCCC, a huge state-owned company, who […]

Filed Under: Latest News Tagged With: bid, CCCC, China, China Communications Construction Company, Chinese economic miracle, equity investments, Hong Kong, Industrial Estate, New Yangon Development Company Limited, NYDC, Phyo Min Thein, power and water utilities, Press Conference, Public-Private Partnership, Shenzhen, singapore, South Korea, the ASEAN bloc, the chief minister, Yangon, Yangon Region, Yangon River

Yangon gears up to lure more investment into business hub

May 7, 2018 by Thiha

AS INVESTORS await Myanmar’s new moves to open up the economy, the regional government of Yangon plans to unveil its investment strategies at the first Yangon Investment Forum (YIF2018) next week, according to a regional minister. Planning and Finance Minister Myint Taung said at a press conference on Wednesday that Yangon region Chief Minister Phyo […]

Filed Under: Latest News Tagged With: chairman of MIDA, Directorate of Investment and Company Administration, first Yangon Investment Forum (YIF2018), German Cooperation, German Federal Ministry of Economic Cooperation and Development, head of GIZ programmes, Hlaing Thar Yar Township, Investment Application Guidebook, investment strategies, Khin Maung Aye, MIDA, Myanmar Investors Development Association, Myint Taung, New Myanmar Investment Law, Phyo Min Thein, planning and finance minister, regional government of Yangon, Thilawa Special Economic Zone, Tobias Stolz, Yangon City Development Committee, Yangon Region Chief Minister, YCDC