Special Economic Zones

Civilians trapped as Myanmar rebels squabble over expected China boom

March 15, 2019 by Thiha

With artillery exploding around her village in Myanmar’s northeast, 70-year-old Nan Nyunt fled to a monastery, one of thousands of civilians trapped between rebel groups who are fighting for influence as a China-driven economic boom looms. “Houses were on fire and a buffalo died,” she told AFP, huddled on the floor with other elderly displaced […]

Filed Under: Latest News Tagged With: AFP, China-Myanmar economic corridor, CMEC, Kyaukphyu port, Myanmar, RCSS, rebel groups, Special Economic Zones, SSPP, TNLA

China and Japan in Myanmar

November 15, 2018 by Thiha

Since 2015, Myanmar has been heading toward a market approach. There is also huge potential for the country to upgrade its structure with China, and also within the rest of the country. Things have been moving in the right direction. China and Japan have been assisting Myanmar’s Government despite the Rohingya crisis Myanmar is a […]

Filed Under: Latest News Tagged With: China, China-Myanmar economic corridor, CITIC Group, Japan, Myanmar, Railway and transportation projects, Special Economic Zones

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

Myanmar’s electricity goals depend on ODA

May 2, 2018 by Thiha

With 5.5 percent annual growth of gross domestic product, Myanmar was one of the fastest growing countries in ASEAN during 2011-2015. The growth of Myanmar’s economy is heavily influenced by the government’s focus on promoting special economic zones among investors.Subject to the implementation of this focus, infrastructure development in energy is vitally important to make […]

Filed Under: Latest News Tagged With: Aloysius Damar Pranadi, asean, ASEAN Centre, Asian Development Bank, China, electrification rate, Energy and Korean Energy Economics Institute, gas, Gross Domestic Product, Indonesia, Japanese ODA, Ministry of Electricity and Energy, Myanmar’s electricity demand, Myanmar’s Energy Master Plan, Myanmar’s National Electrification Plan, ODA, ODA donors, ODA policy, ODA projects, Official Development Assistance, oil, policy research and analytics, Special Economic Zones, technical officer, Vietnam, World Bank

Bangladesh’s policymakers should get to the bottom of low FDI

April 6, 2018 by Thiha

Policymakers should find the reasons behind the low inflow of foreign investment to Bangladesh despite a number of agencies’ efforts to boost receipts, said a top official of an investment agency yesterday. “We have a number of organisations and yet foreign investment inflows are no more than $2.5 billion,” said Paban Chowdhury, executive chairman of […]

Filed Under: Latest News Tagged With: Bangladesh, Bangladesh Economic Zones Authority, Bangladesh Export Processing Zones Authority, Bangladesh Hi-Tech Park Authority, Bangladesh Investment Development Authority Executive Chairman, BEZA, BIDA, Business Initiative Leading Development, China, corporate income tax rate, Executive Chairman, Foreign Direct Investment, foreign investment, foreign investment inflows, India, investment agency, Kazi M Aminul Islam, Md Mosharraf Hossain Bhuiyan, National Board of Revenue, NBR, NBR Chairman, Paban Chowdhury, policymakers, singapore, Southeast Asian Nation, Special Economic Zones, tax system, Trade and Development, United Nations Conference, Vietnam

Dawei Torn Between Visions of Progress

December 28, 2017 by thiha

Dusk had fallen when a huge crowd packed “We Love Dawei” festival at a garden in Dawei, the capital city of the Taninthary region, southern Myanmar. A variety of performances from local artists and their counterparts from neighbouring Thailand drew various groups of festival-goers. At the venue, a panel discussion on Dawei development also took […]

Filed Under: Latest News Tagged With: Minister of Natural Resources, Myin Mann, Nabule Beach in Dawei, Pu Nam Ron in Kanchanaburi, Reservation in the Tanintharyi Region, SEZ, southern Myanmar, Special Economic Zones, Talaiya River, Thailand, The Capital City of The Taninthary Region, The Thaborseik Village Fish Market, Villagers in Ka Lone Htar

China’s latest Myanmar megaproject courts controversy

November 11, 2017 by Thiha

Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]

Filed Under: Latest News Tagged With: Beijing, Beijing's Belt and Road Initiative, China, Chinese Export-Import Bank, Chinese loans, Dawei, government-led committee, Guangxi, Guizhou, Gwadar, Hambantota Port, Indian Ocean, Japan, Kyaukpyu port plan, Laos, local education programs, local media reports, Muslim Rohingya refugees, Myanmar, Myanmar megaproject, Myitsone dam project, National League for Democracy Government, Naypyitaw, Oo Maung, Pakistan, port and industrial park, Rakhine State, Sino-Laos railway, Special Economic Zones, Sri Lanka, tax revenues, Thailand, Thein Sein government, Thilawa SEZ, Vice Chair, Yangon, Yunnan

Bangladesh losing its geo-economic importance to Myanmar

October 19, 2017 by Thiha

The Rohingya refugee crisis has exposed Bangladesh’s diplomatic weaknesses. No permanent member of the United Nations Security Council has strongly backed Dhaka to solve the refugee problem. China rendered its support to Myanmar at the UN so that the country does not face any immediate threat such as sanction. The United States’ intention to solve […]

Filed Under: Latest News Tagged With: Arakan, Bangladesh, Bay of Bengal, Beijing, China, Chittagong port, geo-economic hotspot, India, Indian Ocean, Japan, Kaladan Multi-Modal Transit Transport Project, Matarbari, Myanmar, Naypyidaw, New Delhi, Pakistan, Payra, President Donald Trump's speech, Rakhine State, Rohingya refugee problem, SEZ, South Asia, Southeast Asia, Special Economic Zones, Sri Lanka, the Netherlands, The Rohingya refugee crisis, UAE, UN, UN General Assembly, United Nations Security Council

Proposed port and highway to align Ayeyarwady with Belt and Road

September 25, 2017 by Thiha

Ayeyarwady may follow Kyaukphyu and Dawei to be the next region in Myanmar to embrace a deep-sea port together with other infrastructure projects, with a feasibility of the scheme currently under progress. U Ye Lin from Myanmar Construction and Development Public Co said that a feasibility study is being carried out jointly with South Korea-based […]

Filed Under: Latest News Tagged With: Ayeyarwady, Bangladesh-China-India-Myanmar, BCIM, BRI, Chaung Tha, China, China's Belt and Road Initiative, Dawei, Dawei and Kyaukphyu deep-sea ports, elevated highway, European Chamber of Commerce Myanmar, foreign investors, KECC, Kyaukphyu, MCD board secretary., MInistry of Construction, Ministry of Planning and Finance, Myanmar Construction and Development Public Co, Ngwe Saung, Pathein deep-sea port project, port and highway, professional services firm PwC, SEZ law, SEZs, South Asia, South Korea-based Korea Engineering Consultants Corp, Southeast Asia, Special Economic Zones, U Ye Lin, UMFCCI, Union Government, Union of Myanmar Federation of Chambers of Commerce and Industry

Myanmar expects 6 bln USD foreign direct investment yearly

September 15, 2017 by Thiha

NAY PYI TAW, Sept. 12 (Xinhua) — Myanmar is expecting to attract about 6 billion U.S. dollars of annual foreign direct investment starting from 2018, U Maung Maung Win, deputy minister of the Ministry of Planning and Finance said Tuesday. In accordance with the Foreign Direct Investment Promotion Plan (FDIPP), the country is expecting about […]

Filed Under: Latest News Tagged With: 6th Myanmar Global Investment Forum, annual foreign direct investment, Asia, Asian Development Bank, Banking and Financial sector, Deputy Minister, Euromoney Institutional Investor, FDIPP, Foreign Direct Investment Promotion Plan, foreign investments, GDP growth, industrial zones, infrastructure sector, Ministry of Planning and Finance, Myanmar investment commission, Nay Pyi Taw, panel discussions, Special Economic Zones, U Maung Maung Win, U.S. dollars, USD foreign direct investment, World Bank