U Sein Win

MIC Suspends New Investments in Timber Businesses

November 28, 2017 by thiha

Permission for to start new timber-based businesses will be temporarily suspended in Myanmar, the Myanmar Investment Commission (MIC) said in a November 16 statement, which was made public by the Directorate of Investment and Companies Administration (DICA) this week. To preserve the country’s forests and limit illegal logging activities, the MIC will temporarily stop issuing […]

Filed Under: Latest News Tagged With: Africa, chair of the Myanmar Forest Product Merchant Federation, DICA, Directorate of Investment and Companies Administration, Forestry Law, Latin America, MIC, MTE, Myanma Timber Enterprise, Myanmar investment commission, Myanmar Timber Merchants Association, U Sein Win, U Soe Win

Effective policy needed to tax income from digital advertisements

October 23, 2017 by Thiha

Myanmar’s policy for taxing digital advertisements is lagging behind technology advancement in the country. Therefore, new policies enabling the collection of taxes from online and social media platforms should be implemented as soon as possible to raise the government’s revenue, officials from Internal Revenue Department and businessmen told Facebook, which was introduced in Myanmar in […]

Filed Under: Latest News Tagged With: a member of the Digital Economy Development Committee, advertising revenue, Apple, Billboards, business advertisements, cash flows, Commercial Tax, digital advertisements, Digital advertising and marketing services, digital medium, Director General of Internal Revenue Department U Min Htut, Director of Myanmar Journalist Institute, European nations, Facebook, Facebook ad account, Facebook advertisements, Financial Times, goods and services online, Google, head of Amara Marketing Agency, Internal Revenue Department, IRD, Ma Chan Myae Khaing, magazines, newspapers, online and social media platforms, online app stores, payment via local banks, pharmaceuticals and cosmetics advertisements, tax income, tax policies, TV channels, U Sein Win, U Tun Thura Thet, withholding tax

Myanmar Journalists Call For Balanced Rakhine Coverage in International Media

September 15, 2017 by thiha

YANGON — Headlines with prominent references to “genocide” and “ethnic cleansing’ in Myanmar make veteran journalist Daw Aye Aye Win uneasy, as she explains she feels international media coverage about what is happening in northern Rakhine State fails to tell the whole story of the crisis. Currently, the region is reeling from Arakan Rohingya Salvation […]

Filed Under: Latest News Tagged With: a former resident correspondent from Reuters and the vice president of the Myanmar Press Council, balanced media coverage, BBC Burmese service, clearance operations, commercialization, Daw Aye Aye Win, foreign journalist, international media, rakhine, sensationalizing, terrorist, the Founder and CEO of Myanmar Book Centre, the training director of the Myanmar Journalism Institute, U Aung Hla Tun, U Sein Win, U Thant Thaw Kaung, unfair to Myanmar

Timber group replaces sub-contractors with service providers

August 8, 2017 by Thiha

This comes after it previously said no more sub-contracts would be issued. It announced that the decision to hire service providers was due to the MTE’s capacity limits. Experts have questioned the differences between sub-contractors and service providers and argued that transparency is essential in any reformed processes. Last year, the MTE announced that it […]

Filed Under: Latest News Tagged With: Brazil, central office, chair of the Myanmar Forest Product Merchant Federation, Danish authorities, Danish timber company Keflico, deforestation rates, Denmark’s market, Deputy General Manager, EIA, eu, EU Market, European Union rule, European Union Timber Regulation, EUTR, export, Forestry Law, hardwood, Indonesia, MTE, Myanmar, National League for Democracy, NGO Environmental Investigation Agency, NLD, organisation plan, profit shares, projects, Proposals, Raw Timber Logs, Salai Cung Lian Thawng, Scandinavian country, Service Providers, SOE, State-owned Enterprise, Statistics, strategic adviser of Pyoe Pin Programme, sub-contracts, Sweden, teak, timber experts, Timber group, U Khin Maung Kyi, U Sein Win, United Nations Food and Agriculture Organisation, vehicles

Timber industry faces challenges in the voluntary partnership agreement process in forest governance

August 3, 2017 by Thiha

“The government has concerns and the fact that is does not have the trust of multiple stakeholders is a challenge for the process. “Every change implies sacrificing the interests of certain people, or things, for a certain time but it will be a benefit in the long run, resulting in a sustainable enterprise,” he said. […]

Filed Under: Latest News Tagged With: Civil society groups, Climate Change, community, consultant, Deputy General Manager, domestic consumption, export, FLEGT, forest governance, Forest Law, Forest Law Enforcement, Governance and Trade, hard wood, illegal logging, illegal routes, local consumption, Local demand, MFPMF, MTE, multiple stakeholders, Myanma Timber Enterprise, Myanmar, Myanmar Forest Products Merchants Federation, organisation plans, preparatory work, president of the MFPMF, profit, Pyoe Pin Programme, Salai Cung Lian Thawng, Statistics, strategic adviser, Supply Chain, supply channel, teak, Timber Industry, U Khin Maung Kyi, U Myo Min, U Sein Win, Voluntary Partnership Agreement, VPA

Burma Signals for Foreign Investment

June 17, 2017 by thiha

NAYPYIDAW — Burma’s businesspeople are expecting foreign investments to help launch their projects after buying thousands of acres across the country to develop industrial zones and large-scale operations, according to the Myanmar Investors Development Association (MIDA). Companies presented their ventures at MIDA’s Myanmar Investment Forum 2017 in Naypyidaw on June 6-7, which attracted mostly Chinese […]

Filed Under: Latest News Tagged With: Bahan, Chairman of the Co Operative Bank, Develop Industrial Zones, East Dagon Township, Economist U Khin Maung Nyo, Hline, Irrawaddy Divisions, Kamayut, Kyauktada, Letpadaung Copper Mine in Sagaing Division, mandalay, Maw Shan Co, Mayangone Townships, MIDA, MIDA Vice Chairman U Hla Myint, Mingalar Taung Nyunt, Myanmar Investors Development Association, Naypyidaw, New City Development Co Ltd, Pegu, Rangoon, Shan State, Tamwe, Tenasserim, The Managing Director of Hanthawaddy Co, U Hla Myint told The Irrawaddy, U Khin Maung Aye, U Sein Win, U Toe Aung Myint

Government to Tackle Legal Timber Docs

December 6, 2016 by thiha

Timber exporters are scrambling to respond to the conviction in a Swedish court of a company accused of importing Myanmar teak without sufficient proof that it was legally traded. The importer, Almatra Nordic, had been prosecuted under the EU Timber Regulation (EUTR), which bans placing illegal or high risk wood on the EU market. The company had […]

Filed Under: Latest News Tagged With: Almatra Nordic, Chain of Custody, co, Country of Origin, Destination Origin, DO, Environmental Conservation, EU Timber Regulation, EUTR, Forest Department, Forestry Department, MFPMF, Ministry of Natural Resources, MTE, MTLAS, Myanma Timber Enterprise, Myanmar Forest Products Merchants Federation, Myanmar Timber Legality Assurance System, U Sein Win