Myanmar USINESS TODAY. c @ Lowest fares only at @ airasia.comLOCAL BIZ ‘May 30June5, 2013 2 Myanmar Business Today From pagel ‘minorities and hat abuse of your effors and. leadership man rights "eds to sto.” ‘in leading Myanmar ina new President UThein Sein is dlnetion and we want you 10 now clearing the way for over now that the United Stites seus investment in Myanna, will make every effort assist which is sandwiched betwsea you on whit Fhnow isa Yong China and India The US and and sometimes difieult but ul European companies inluding ‘imately core! patho follow” Fort, Coca-Cola and Unilever esi are scouting foe opportuni, Besides ofeing economic ia Myanmue, As western sine benefis, U-Thein Sein's trp tons ar lied, the government alko has imporant symbolic is seeking w medemise the ‘vale. He i the fist Myanmar county's inne system and head-of-tate to visi the US in infastructue before elections 47 years in 2015 The US Trae Representative “The UShs decided to eb: COfice said with the easing of ance its foreign policy toward US sanctions last yar, bilateral Asia, a the idea behind that ‘balancing is that the US ean benefit from Asin continsing hse montis of 2013, hilt to be growth engin for the val tade tolled $90 millon, global Including $89 millon in US — Neh, a senoe associat athe exports tand SI milion ia US Camegie Endowment for Peace inp from Myannar in Washington who focuses oa Before departing Washington East Asia, tld Bloomberg. on May 21, U Thein Sein met While” some crtised ‘with several lavmakers who Obaia’s invitation as prem have influenced US relations tre, the White House sti in with Burma including Sento statement that Obama Was bast Harry Reid, Mich MeConpell ing the fonmerailtary leader and Lindsay Graham, to. signal support for “those "We very much appreciate your efforts \ and leadership in leading Myanmar in a new direction and we want you to know that the United States will make every effort to assist you SomeUSlavmakershavesaid govemments hit mike the they will ey to slow te process important dsision to embrace of ling US sanctions on My-— reform.” fsnmar to keep the pressure on Obama refed to the nation ut as Myanmar in his remarks, politcal dissidents and stop even though the US officially alleged sighs abuses agaiast uses the name Burma. White ‘Burma's ethnic minries. House press secretary Jay Car President Barack Obama tld ney said the US “has begun 10 UTicin Soin during heir mect- allow limited use of the mame Jing that bulding- democracy Myanmar a «diplomatic cour ring hum rights abuses ts" 10 show respect for the will ving greater prosperity 10 progress made shore ‘he Southeast Asian maton." During thst talk, the two The US wants to assist in leaders discussed the nile of Spurting boai-ased economic law, proper ase of cours and evelopment “andthatiacluds property ighs of firms, ‘he prospetofinceasing wade amoag other items, U Then snd investment in Myanmar, Sein sid, It i a daunting which can produce jobs and tak ahead of us” he said of higher standards of living” the changes ward greater ‘Obama said atthe concision democracy, while thanking the ‘ofan Oval Office meeting with US government and Obama for U Thein Soin "As President hastening changes. ‘Taein Sin ithe fret to admit, U Thein Sein ston May 2 this sa fong journey.” ‘atthe growth of democracy in ‘Obama said he also expessod_ Myanmar mst go hand in had “deep concen” aout vislnce with economic development st etic and religious and that inproved relations on 2 soba scale will erate jobs| ‘nd provide the country with, ‘vanced technology. During its decades of isola ‘ion, Myanmar'secoaomy was dependent oa China but the shit toward democracy offer “a lite more sounterbaanc, ‘Murray Hishort, senior fellow and deputy distor ofthe Su- ‘io Chai fr Souteast Asi ‘Studies the Cet for Strate ie and Intemational Studies Washington tld Bloomber. “This gives them a litle more Jevorge, they ca look at other laces for frcign investment, they can lok tote places for i and advie,” Hieber sad Myanmar, a fomor Bish colony, 6 one oF the woe’ Teast developed nations. Cit ons average jus four yeas of Glucation Myanmar is also fone of Asia's lat untapped Tomior makes. Even 50, the ration’s economy will expand 675 person this es yar, the Ingestion Monstary Fund sid last week, Human sights advocates ac- cased U Thein Sein of dragaing fis fet on promises for chang nd said many pledges haven't boon met, iacuding panel 10 review polit prisoner eases The last year has sex devastating violence aginst, ‘minorities and stalled reform process,” John Silion, AS lvoeicy decor at Human Rights Wate, said in ane sailed statement o Bloomberg. (Oat st "make it clea hat there are consequences if the Burmese government fils © Implement its previous human righ pledges” Siflon said both governments shoul et goals fr progres 0 ease ad ie pasiamen- tary ection in 2015" inclad- {ng a consttasonal amendment removing Myanmar’ authority over its civ sovemment However, UThein Sein in an Ierview with Washington Post, lust week std he Myanmar riley bas proud history fn Myanmar and “wil always havea special place in govern sos “Aung Than yanmar Summary Marmteg ebeGmge apreifEErEe grok seqopesp Hgiad Gh Zoyfererenr boee gbryeearbieGopetong Eareanqeat binge Holgicheorcetgher kept’ eicbecrtcmunh HG pet toned bee Maat TabefiGed nai haens Pekar Gitte aes smeepegemcstih ZytamngS Ghote Spebaplbabieegatbieeg rpeeibteboinigiensgery ET cleat ipeng Sot elle Saentnhiogemmse! eipensGhntee Ege ma bbbeletped ct sairertingopns igen byreamGnmy ghd onceah ngeneeubtass BE fiSoy cme epee gh senha Geach Jet ig fjeeornantgt Sepsing emihes Sella! fbtcqanpcongvers weg gr fos cetencgi card gH, HES Gegieesie dome EEG yokes SGfettesqetnGserccent Bhan maemo Gfogeetntemnmryndeerd caobespeSGiBimerond Sibstiectedtepabee genfexenbefte eee fedgnddorncd ceca sma graeeiean Soff amet ionciolgt tice dtp acdeoreeh edie beds gr as eslel Eeebgepe ges coectbbotayeonrs matiohngS caren ieaGion gsr Gottiehtgregittyar eopementorchgases aleve Ss porn omeshencheeng oe Blasintasercttaone és tlegebSaldiete mes ghontotly peer ee tke ie Bgtigg elfen 2 Sesh Getprice Sarna Gielen, content tert rican fbb Ghee HeecheteantGbeteican stoltomstomee eo Aodiep seh eihah Hho ge he nouiminca iE Ginibisichag capt gmperarigseg asSeGberpsbeShonseeg mad mgtemnche cory Sfenieapted orang mofamfiGfonncegferdt Gone Schlep Sepreseoged ec) Soo Fed yf Ce cobs mera Glentéemaes onaronean Benge rota fede SareesteoeyGe angen HeGueegcadGhoageet Seah bsibiboen Bea makita eas A adiearnhbeSafqmes 2d yilesentgeets cnet crea oe caebepyf conferees etogdieptiepmg inact esse gE Sh demas Ghedted reg Nebibecoctencehonges greg chen cierto fens Homgeition nena Bibsaersbighorgien gs ng h nab eos coeff ahosiea yen cpovbesgecta Gb ESM, coo gta Gana Glenksemcae Sinheap orto KB GhertecdBuyncqgSngseu> cipbcilttenenlge Hig catogh opment GS BigbeecgeogiemrrlE Biba Agfogts vo hel termes qobeonchg GreqeG6=2 Irate sg “sng ThaneMay 30-June 5, 2013 Myanmar Business ‘Today ONATELY vivw.sesiafuriture.com Marchetti | :=z2-: LUXURY HOME FURNISHINGLOCAL BIZ ‘May 30June5, 2013 4 Myanmar Business Today MYANMAR GDP SET TO GROW 6. TSD6: IMF yanmat’s eco- national reserves ate set tomy could ow by 65 cent this fiscal year, ag {ven by ntwal gasdale pols ofaddesing Myan nar's large development reels and msnsining Imactosconomie stability sud frcign investment the. country moves, to ovesul nancial sytem, according to the President Thin Sein's moves to allow mote po Intemational Monetary Tal feedoon and open Myannar's sonny following about five decade of mltary re Tae atvacted compass inclding Fol, Peps! and Coca-Cola He sougt the Matt Davies, IMP’ iis sion chief for Myanm ‘id ina statement afer end of US sanctions in a Imowing lst week with TSsdiyvistothe country, President Barack Oban 2 ia Washington, @ month after the European Union Tied punitive messues side U Thoin Sein became the first ender of hs country ost the US 2 widening eutent se count dete, af the for ter mith county opens tothe word in eaty 30 years srl ions nomalise with the a ended ded an cstintsd 65 the IMF sai, Lian in the sal year that began Ail T should be about SE percent, while ier Tuesday lst week signa an accoed 10 formalise logue on trade, a day fn Sein made 3 woukt ome ffm "the Timited macroeconomic Myanmar hts made The tpi," od-based Although ination is ‘0 formal se “moderte” at the curent year, “tere are pressures, including Hom macy growth, sel estate peices and Wage increases.” e sid The IMF, which expects ue popes” on reform this year sid it ‘woud con ope an afice inte county wo belp ive tochacal asstnce “and suppor. Myanmar is scen_ as avn signa Davies sshd a new lw would give the, Cental Bank of Myanmar autonomy to bandit ion peesue fom Wa Sion of a banking sector ‘mod Br should sk make poeta, with sata inesinet by Saaee Mies population and improving int “ a a wealth of resources snd stealing ftom oi racy ruber than offering fax incetives” Davies Said. The budget defcie his Hscal yea is expected Mt about peoent of tax revenues ate eri ~ gas to tinber GDP with more increases 1a boos expenditure std in health and education reduce’ dependence on ‘pending be said natural rescues, Davee "Sustained increases in Sid. This requires broad ning the ak ase and AVAILABLE EVERY THURSDAY Myanmar MYANMAR’S FIRST BILINGUAL BUSINESS JOURNAL ; A.A a Business Today At “Sonora Subscription Program 3 Months (12 Issues) 12,000Ks 6 Months (26 Issues) 26,000Ks 1Year (52 + 4 Issues) 52,000Ks CALL NOW : Subscription 09 4210 85511 Advertising 09 7323 6758 BE £itoy_ ww facebook comviyanmarBusinessTodayLOCAL BIZ May 30-June 52013 5 Myanmar Business Today AUNG SAN SUU KVI TO ATTEND 2 MYANMAR OIL AND GAS SUMMIT fiom UK-based research Kinnoss The 2 Myanmar Oil eit fom Jane 2h Myanmar Democrat reform and the ening of intemadonal has led to ge numbers of intemational comps los Tooking to invest in Myanima, We ed oat tat Aung 3 Suu Kyi as decided toattend he Myanmar i ae de and gas suit The conference will allow aendees to benefit the potential of tue wi Oliver Kinross said in| sate Ploration and production Prospects forthe offshore und onshore blocks and fied by OlverKinoss. a heap ‘analyses of ex cil and. gas conferences in Myanmar andi nga ret stats of the bid Nel MeKenzic, the dig onthe roceat Blocks conference production — wil lobe prseatd the manager of the summit, statment added, ‘id:"Wehaveneverseen Following democratic {© teh interatonal reform andthe ending of interest in one county a8 international sanctions, fo Ddkqemenieot fksnaions, With vast 4 ies of oll and as Sersforp NeeRene and nau resources, = qBeleneyBS Bfoepbonk huge opportunities have GiGE=GrScsgepayt GS bocome appueat for Geblpy Beg bch inernatonal oil and 238 puaSgegerncfré Gheo companies Heng GAGE previously restricted rom Lessee Sere ecient uting Manma i ‘Oliver Stow ‘Myanmar Summary mifsoalbmeetn pis cxnbyfGScgggcheobehS capo rhe etd Gbeeepe eeGhereniyfmrecens eon sptigegegie emt Shemini SHE oe Ginbenes obiefonbefper Gand meienaddeggepige ok cpiegire phages cpebamnbeed gory fe entire Spools ape seh peggy Si Olver Slow he Bsmdgiooares cag 2 eon Bheresdgg mmcentey Beqobstieny ig beqnooghn ead CBpbiaamem gb fiejoncSotr Kio SGA Giong ames aaa Ges Bbcest PemondglendiR CHLTO PROVIDE TEGHOGHL ASSISTANCE FOR TEA SECTOR Gz wil offr tecnica ai ina bid 1 ea foreign make fr Myannar te, U Tan Myaing, chsiemanof Tea Association, ai ‘The German Technical Cooperation (GZ), Myannar Frit and Vegetable Association and Tea Assocation will eollaboratto produce value-added tea and export ‘to intratonal markt, he sid, “What we need is technology to improve this in dhs. IF we got Gorman technical assistance we will Surely be able to arab feign musket and his industry wil hive son,” U Tun Myaing ade, “The chacman said Myanmar also needs 10 know ‘market exploration and prodact promotion ecaiguss besides technology. “Curenly, Myanmar’ te sector ‘ees alot of technical callnges and sues fom a lack ofinvestmet Tea products fom India and China have ooded the market. We ae happy that Germsay has offered us echnical sid” he sid “Our agrcutual systom isnot update and the produc sof low quality. That's why our ta doesn fb foreign marke. If technological assistance ix Sponsored, ou te wl be suessful internationals Uno Aung. atea produce said. Kav Mn Myanmar Summary Grmcoctaoengaeierneropetecnaeer a cme ped GL Gf Stcb ert caigdapimatindacdat edlgoyymel gies intes itll of ark iar Semi reer hth Emerge too eee eee afer ype opioid Go Syncope tegen Biapm cata Bee eee ea eres conf CEES engibctontfe etnenn gs Saplings fe ge ee ee eee eral Eanes ew in YEMI Neca SEOUL Pee Uae ec oh De a eet a Dent Rane Rear syLOCAL BIZ ‘May 30June5, 2013 US SENATOR URGES EXD OF KEY SANCTIONS AGAINST HAKMAR top US lawmaker who as long of Mymnmar's former rity government sa) he is reudy to end key Sanctions agains the 12- foeming Soutbeat Asan ration, despite lagering human eights concen. Senate Republican leader Mitch MeConpell made his comments on Toesday last week. afer ‘mooing with President U ‘Thein Sein, wba lst wee. became Myanmay’s fist, headf-tate ia ney 50 yeas to visit the Whit McConsell suid he would ot supper eon prssional renewal of 2 ban on impos from Myanmat He aid 10 do so woul be asap inthe fice" 10 reformist and would embolden those ‘who want to slow oF reverse the changes. Myanmar's noisy ivan goverment took power in 2011, and has finee. enacted “a srie of apa economic and polical “reforms. In response, Washington as suspended most of sguinst Burma, including ‘he import ba 1 the anal legislation wore allowed to expe, ‘= McConnell as sug eso, the White House ould ot reinstate the tan if Myanmar fails 0 continue making dem crate progess. Cees say sucha move would waste valu abl diplomatic leverage ‘They also say Myanma’s saliagy dominated ovement tas filed 0 diese several important nd long-standing human Fiahts abuses. Four Detocratic lav makers, inlaing Howse ‘Democratic lear Nancy Pelosi net with U Thin Sein presenting hia a Isto early 280 polite prisoners thought to stil bojaledin Myanmar The Teteralsocaledfranend to stacks on Myanmar’ minority. Muslin, bo have been the vitins of widespread dscimina ion anda ‘worscing campaign of violence lod by nationalistic Buh, monks. McConnell acknowl edged that more reforms teed to be made. But he gud that Congres could retain leverage with oer remaining anctons sich as a ban fn gems — an important outs of revenue for the Myanmar miliary. alk said ing to it he ‘snctons means US busi reste would lose out on ‘pporunites to competi- tors inother counties ha slay ave lied ade resritions on Myanmar McConnell has been one of Washington's Staunchest suppor of the snstions and of My- mat oppositon lead Aug San Suu Ky Wate Lohman, dice tor ofthe Asian’ Sudis Cente atthe conservative Heritage Foundation, told the AFP tht the Obama Mdiniseation appeared to be moving tom a policy of mansining Teverage on Myarmar to one of supporting U Thein Sen “I don’t know that our assiance or support far him is relly going to ep im, but I think it does potcatally send the yong signal Back to pope in Buta who are Sl suuggling” Lohman ssi, “if we got w 2015 and (2 foe clstion) doesnt Dappen, we wil have oon wrong about all this” he sid Phu Thi Lin YES coreg Seon aS Sete ios Merrie Ser, eer RSS peggoe ery Seeees shes Seger mennttdin, “aoe gs festa feats etber Gets [eather GENERAL ELECTRIC FORAYS INTO MYANMAR ‘Sbse angle fate General Electie (GE) reemnlly foajed into Myanmar by opening is fice and intoducing ls technology” and lighting sclutions GE signed a momocan um of understanding oa ‘Thursday’ ast week with Lighting Co "Specials Pre Lad, a fancince of Singapore-based Krsite Pe Lid, to. distbute GE lighting solutions in Myanmar, a company statement id CGE’ ligaing solutions Include LED lighting for Sgnages, architectural lighting,” wansportation Tiging, display and gen ral lishing GE also signed leer of inteaion (Lol) with Parners Associates, local itgeated tect ‘gy saliions provider, to market GE's Durston storage soluions forthe Toca telesommunications indusuy: The solutions Will blp reduce depen: ence on expensive diese fuol and improve mobile connectivity, the sae ment id Kya Moe Nuing, ma sping det of Krste, and Wuana Tun, chief fexceutve and president fof Pate Assos In ternational Lid Co, signed the Lol on bel of thi companies. Stuat Dean, ‘hict exceutve of GE ASEAN, represented GE The signing exremoay followed GE's My faomar office opening ‘Start Dest stdin 4 satements "We look forward to increase our contbutions 10 bp Icet Myanma's urgent eerie, helene fant wansportaton needs fad support the county’ Fane "We see huge potenti sod ae curently in discussion to deepen our Tocl partoersipe, We are abo exploring opportuni tiesto suppor community intatver in aining and Iealtheare. Another area of print Toc talent BeheoSeacypicensytognch eyeing oasis Tite Hike7 May 30-June 5, 2013 ‘Myanmar Business ‘Today N Punncd It pays to read the signs eee aC Ret gr ts Our reports give you the kind of intelligence you need to drive your business successfully into new markets. rie ieee ey a ed Se eae Roa ee na ed rt ete ae Eiaemere rr considering working inthe Pee ae eee ee Pee OXFORDLOCAL BIZ ‘May 30June5, 2013 8 Myanmar Business Today POOR QUALITY DAUNTS RUBBER EXPORT PROSPECTS Ri tat aie “Sve ere hd sal hovers around $350 fet 100 Kilograms ~ this Bevery low compared 10 iernatonal pris,” sid U King Myint, secretary Of MRPPA, “IF we have to grab the imematonal market we Inve to ensue our mb ber's quali firs" he sed ‘There bas been & lot of offer font European counties purchase Myanmar rubber, but it fled to penctate the EU ‘Myanmar Summary Bherkeep eerste Smpegepeiorapees ging coat obs Gok staked teySangs ay Sethian INTERNATIONAL SHIPMENTS DOUBLE AT YANGON PORT he numberof inter anal shipments ‘Yangon port tis more than doubled within one yea, register ing the highest volume ina decade, according 0 Myanmar Port Authority cura). {A tal af 2196 ship. sents were made to Yat on port in the sal year, S012 13. In 2002-03 the faunber of shipments was 951, MPA data shows ‘Accoing 10 local media eports, most of te ships at Yangon beth at ‘Asin World Port loeted in downtown Yangon. ‘Theporthas been cently extended into a what famed ised Port 10 ‘secommodate mae ships. ‘Yangon. port cuteatly hands abou 8S pret of the county's export eegGint§ Oyler cee Usd ner spameep myc Grane doo) beng madlnfetanlerelmad Sooty een erect Seiten anieeigeg and import volume. It is fiequemly facing por ‘congestion as more ships nd cargoes pour in ‘Yangon ort has toa of Lowhars om Hteodan to Than Hat Soon aes, std three more whats ae Under constuction, Tete se thee inland container epots in Yangon, “The Yangon Pot Deve: ‘pment Plan would up shade existing fits to ‘eet intemational sand ft and increase capacity to receive lager vessels cabgbnaEighh Blinks SoGshSsteyeerbhe ¢ cbaiemiyp | = Sep Gfrtanefyd mek Rpentongy eingtory meptinGfenspeGony See GleEp Gio market as Myanmar was tunable 0 expor standard quality rubber. “Atte ead of 2012, EU showed interest 10 buy ‘ubber fom w. But rub bor companis will fe losses ifthey ty to export ‘ubber with the curent quality. The mast impor fant thiag we have to do {stosecure the quality." hing Myint added Having impurises, dust, nd bark of rbber tes in rubber latex contribute seo Bet Eeeston acpi dare spe MG Ge maepaed coat ery Seah bee Snpentoeebetafoad SaSonapent Ge ody peed doce 1 rubbers poor uy ‘bic Happens pinay dhe to infer callestn roses our bber colton proces such as icaing ‘and bak leaner, nd be ctf ding ing, fngaon abd eau ing proces, we eat 2 fod ait rubber and ho ach goat pie ia the intratonal mac.” Urine Myint said Phy Th Lin Sako EU cp ped densigg! mh Bargin Joo on8 terkiiee BU oSeah Labiidensrbings eaph EU etbeig Shes zy godt ora ats, Seqgermbeond coast ced BEG eae Geo bGSeirestem popes aGatitat Tego magne sferpenieraeds Sagiocrgare or crock crbemrt soGeateoags mye ene de geGpEGE Stood byte nek fEtemspinéom Soeyicenn Gesikécen eG comediege GEeSah cnn Ba Ply Tir Le ‘Faker ager hur or se ‘rps ay ‘ocr pclae Serge yyore mare sec cirhinkes 8 GSthey mech Sebesemtir eS Se sss pee aarmesb ene ganador ecb ocageme Stem ethane ‘ping mesmo At Non Sinden BE stcshy Shad preiiBBaco ‘Aun Than JEWELED PICTURES IN HIGH DEMAND = yar toiag aria ny sg Mice sacs i omy ih sg vies, scat ingot i ange Ang Sar ae. See parca ptt at peng we in se cust mi jd oer Te ge oem ete a igs dns ha ot need insane i lay igh fice Touts fom ASan cots sch at Sip, Mali Tu and apn cet bsg fro re a ren ec S Tau Myo ost ftv shop ihe mre Fo ta aly ye Slt pcuns a Mana sepals mh Wad agen tics mere” The image uly Sl for btwn 2 lon Lox enue and people fon mies ao Piss un Ang ed “ons cme ses a Mya ad ca an joe pss are ed el dst owe an ofr be wld Asati 30g pres an 1S wafasiand rioters ay Ta 2012 Mann rs shor amb ahd vert millon frie ett re et ania 2013 oct Ane San Mito he soar lg Ying vai ans poplar i sad ‘Siege vary of pede rsh ha ‘Seung yan sh om git cnacan with yanmar summary Ghent tee tetany Scorers ferns ees Soot eer omen sSeimgeomagetiangs oh Bie Geiser stegeciosremeyGibodEe§ emp Bohjeonarh MbchcbenySlfsefEe Somes sqefefomesipny fbi Qrmafragemef ARE poset eqeehe dei Allan oils Bhor pehegehGBieqenebs eoBhabqeasorey ence EeGaarnecy om aan osqe4 5 Cheer nay Spney Sh jomcenpnth dest Segrsichighecqich Big yenjmeniSafeemey Seodtorptbohdormeprsionsnefancbpespéizo sradenSeGfeenbeneny Elgg FRibcoen Sofie expbtofidirarh Blahnegntla gion, PAAR) mien pens geome Gs gisbagpal gerd eating Bimal p2 96 cpiBGhnlbenE Begroonctometpyomhenp am pe Raheny ones HEeGremnpeegeh cbs 5 BalGf om eqpipeeseGpe Sqn Kyaw MinLOCAL BIZ snmtaina ARE TRO AS TES CAEAPEST RES HS Cop last weok signed a HE8y pean gooo feck contact to halp improve the county’ commun Mitsui & Coin March sid it would import 5.000 tonnes of rice fiom Myaume, ite fst purcase’ in more than four decade. The trading company may invest 18 bila yen (S147 milion) e=e¥BGE prog {obuild twee nicemillng PeGPeER=Ghekee plants in Myanmar capa beecqebctige Dhmegehanyennts abgeqrlsS oo Masaki Talahars oo GEES Ghost cpernegbors ran Gigd expen asker ei eihGodgh chee in 36 years a is nation's est wages in sisson ompanics sek wo investing to a JETRO survey inthe former dictatorship, published in December, which has some of the which showed the a heapest abou in Asia. nual toa pay burden for About 4.000 Japanese a worker in manufictr exceutves per month v= ing totalling $1,100 por itod Myanmar last yea, year That compares with the second most popular $1478 in Bangladesh, desination —ebind $2402 in Vietnam and Thailand, according to $6,704 in acighbouring Tage EAN es ble of processing 300,000 Bored Masaki Tahara, execu Thailand sending Finance Minister Malaysia and Indonesia, tomes yea for the S¥Be nyse Ghote te mag "hyn i ia the Taro Ato to Myanmar in ans oval dupe Mile asand Ais epee Siam Et Tae gg conc Jou” ith bons ih Chi at sued itspaeomoman nd ee aes Ofinsaon’s UETRO) and expcutons fori leno” AS. Myzmar's es baer Ae bi iach Blomiey Reese chetie Yoo fice, Cheap Sevcopca at hgh? aes cedi paniat get scomnice MWS" Cagemaegammanes acess ltour and an unapped pase Chit Cabint ya pd tse S64 a, aie seen a _ a ne fait of are tan 60 Scaciay Yshhiseilonindebandponie Chine an nd sono Ilene water Sug sid on May 22m toa help teay he Asa'sport con ing igus compris, Tayo "Wesrehiping Asan Devo Bak ‘Sind Nar Cap gt wes Segten oats” — and Weld Bank permission fom hyane SrERPHEa qUHLEZEGE Geecacsiy sealed “Many businessmen are Japan has sought closer Japanese companies mar in February to form sslétembmb Gifpbconifs efor sooo anfiify nheos lekicaiesttecer sake! re bse meas pebefi Shin Ate SASeGee(E>fs agers Be ie ging qilisy emmBqeanebobing 8g cae qegaantegniae Bheck rushing ito Myanmar” tis since the 2010 cle- ate looking to very 4 tanufctring sbi Talal, who Plane io ton Gat bough U Tein manuicring operations ary o make eal vcs attend some events with Sein to power, hosting following recent wage beginning this month. ™arAsqubhonGhiefrp& BecpE p05 estar Abe said yatsry by NmiaTojolsyearand ineee io Thalanl, Sumiomo and NEC SeySiodtige qo) Get Bye Blmtery IMPORT LICENCE REQUIREMENT DROPPED FOR 93 ITEMS | $ NOREAN FIRM TO CONDUCT WATER SUPPLY FEASIBILITY STUDY IN YANGON T: Ministry of ing electonie goods, cosess gigeSefér ha Sz Korexbased The fessiby sudy is MYSRMaFSummary’ Commerce, tat pcesad feds and asealtecherags | WSK Engine cxpciadiobecomplted centttpen ceed ted te que Ramsar SoSostecgeces [Mine contruction one ya $i tracing Conn sn rings Hse "Ta abn, wal Se Sescerrngs | Wal Sot uly Ie pos ons Sine ay Shae eascoftinde ssh ts agian, SESSMENT | Foal rv to upto 20 milion gallon ESIC BiS The items includ industrial, forestry, CMP Hlaing Tharyar township of water daily to Hlaing Yqbmcgrcfrobesmengao> mabogghigen cose pe cameron mens, paper rods, (Guin making and andthe neste part of Thana towskip and =eslaapiemeGd cece eebeooneoee | “ 6 Pains, comets, ao’ packing) andaninalprad- FSM TAGES" | Yangon, according > Yangon's west dict reaiGeeGnEeGSee foie sae pars, ey tee were alo alowed a emmteRSHSOEEPE | a repo hich sr fom dike pS constuction materials, be ded without import S9=SteeeGeopes | “Tye Yangon City ing water shor ee electri appliances, licence. Kyaw Min xeescttatmooeSscei8 | Development Commit- Currently Phyu water % ne compuee accesories and EAMRAMARSURIMARYS 8 drncyrsxbrimés | wee (¥CDC) has sized supply staion suplion WH erHese mney medial products Bryriopenbiob igre géqpfebaret of | an agreement with the water to Hing Thayar ater, the commerce 3orh cep emg oat seve eBecursudt ogie® | company recemly forthe township and Hlawka s=Eafomgc nshSoegs ministry’ elaxed impo gkSeobgta age upingpr mescmeancas | project. The cost ofthe water supply sation supe 48>emacyehebora coh Vince requirement for sactsGéctpeaiming ctomrepch dates Ak | survey will be borne by plies water to Yangon's gaoqias 6 commodities include mbreqpimalyAthctiones —qmae Kyu Min ‘western part Aung Than ung Thant cnbeskgeadocbpa Showroom ee CLEARANCE ‘% 80% oe oOe cere ere nile (woEcq: S988: weno) oaleioer 9&) Ae eee eee ere STEEN Roe eo see Cee eee Tk cece eryLOCAL BIZ ‘May 30June5, 2013 10 Myanmar Business Today NEPAL AIRLINES TO FLY TO MYANMAR pl’ fag caer Nepal Aitnes wil sta ree igh services to Yangon from Kathnand, the South Asan county's capita in Ba promote tourism, according 1a company official "The aiines’dizetor Sao) K Kasju cca tod a ‘ours forum that Nepal Ailsa talks with My ‘snmars aviation authority to lunch is services iakngfowad ita dye tng ‘oom anid lapses of EU Pueries Europe and the US weee nonexistent for alot fo decades but now Every year a estimaiod 30,000 Myannar tourists ist the Budihist pilgrimage site Lumbini, whore the Buda lived lhe was 29. The travelers have 19 travel vi India to visit the oly ste as uel there are no det Might rom Myanmar to Nepal. Nepalese ‘thors fsue border pases at Lumb for tourist Suro} told Nepal Tave! Forum that a uoastop Might from Yangon o Lubin will also be launchd arth Lumbini Aitport construction wok is completed. Lumbini i one of four magnets for pilgrimage that sprang up in places pivotal tothe lie of the Buda the ‘ers being at Kushinagar, Bodh Gaya and Sarath in Hike Hake markets of about 30, counties have opened up for Myanmar Fisheries brsineser whlch coved down ding, the sane upto grab a share ofthe ftom Myania Fishery Enuepreneurs Asoo tian (MEA) sid “Even 201, fisheries production was realy Tow. But now the {ih pices are increing fn the global market and fishery eotrepreneurs wl take atu for beter ‘Curent entre, preneure from MFEA are ooking into ways to met fnternational standards in exporting. ery prod tte” aid U Oba Loin fon MEEA He sald the exportersare eying o ruse the quality andaeds ofthe Seheries produce a they try to Be Myanmar Summary mapayetegamrageyichlnmtcGeqreycoseghn oat aEpecnpiags aoe SEAES eohyeepalegeSGEGph epeeBeoospe Clésdiliies So) K Kanha m mpa aepaeeg Cpbcbyfaded exe bgt folconimpcngains oot cBpbkcStimbenrebabng sGbeeeeplimn ehbapagdempegieraeylonsteitqaneab od g6 Bagh eqenarchepenge gonao0 = fle cabbreersgq bee shehamnenetlege Bhoty Felten emetyphichebtchg shgepeedene Epi Sealed arlcfilabg Serj K Kae rayg erica begiegcboatmnbyseyfsers bedi bierajepSear geese ghentgierl siege GeneperebieticG fees Hike Hike ‘owe competitive in he European and US market Tome! the international tatons to work together The Fuopesn Union {5 expected 10 reinstate the generalised system of preferences (GSD), 4 oy fem which gives tax ad repay trade and $23°54 millon svn Pamaraal aiertssee ger for Myanona in June. The exporters a also hoping for GSP fom the US fb “The US ha ofered ech ance support for Myat tnars Tapia production U Oke Lwin sid he £U hat alo grated pert io 1D co storages for tor ‘Over 100. types of marine products incu ing fh and prawn ate exported from Myanoa 1 2012, the marine pod uct export volume as Myanana has set a get of $700 millon from fisheries export for the fecal year 2013-14, se erding the Departinent of Ficheries The dep shoeser$ SpGieinsigtrschgeens esaotgetgh Boboyd BrckepGesericbse qronty Malet aes cheer cose seperate ee enh cargrbuges Gee Ee tllen from the border trade and. $440 mallon ftom eg sea rade In Apel heres export feted a tot of S12 Of which at fom border GOOD DAYS ON THE HORIZON FOR FISHERIES SECTOR sepia Soyo etchant eg eneGeritlangrnced cESeortnGirkstond Sysco aegongs gator gy ‘rads Bl ech po msdenftEeoa Fp lleh Boer steytiebrh eons Seietopemnbtciaohet spedydamdghnkey cagtogeientlaae ch phen er Gookerfottertie Je) seiacgocaepebns ceybelGesoshot hes mcclpGretahyae & chriemmgneee tigen Hbdegierpytonbed sabia mpghreehagcS Bbadechpesiqogs Bhengscchcenbineach SRS legis Beqpanccrygt cen cept dante eeaingees canebaed meslob eepasioaznn, DSeongwaisbit 8g Sie Phy Tht vin MVANMIAR TO START ALOE WOOD EXPORT M22 Seas = Toveign market. Myanmar —t peserve the local spe soe wood didat have cies without inodutng following the any international market any hybrid breeds. Nat fpemnits,My- buf fal ganic planation ‘snmar Aloe Entereneus Association Advisor U recognise the quality of Myanmar aloe wood, Thauag Nyunt Thi sid. Currently, Ta‘ aloe wood The goverment has awarded us the export omit and now we ean Sir exporting to. the ‘word market” he sid "We wil sta producing ew fished products from aloe ‘wood ‘which ‘ko need” he added Myanmar exporters hope they will wal beable to grab the wold sarket igher quality. Ayu Min ‘Myanmar Summary BhermbaystfEemansh npiokegpéioSeoears Hao SiEee Sher aloe wood nurket but we belive, ‘cause of quality, Mya mar aloe wood will ake ocause of is ‘over the Tai aloe wood However, headed soe wood plantation seeds to be widely grown and atepeSchgtapersty ieee ans Silobechtghate Syecatogee ei Pieet Soeoakerrtge ceboondoragl coo aabecBieorststie Seagebonqealgcteigt “Subeeptoyear boys Scotty mmeees Bephkeocsoclgrert Fig hnka beg, Reehegaieg ben coeepetrgeig tess eed GaSoseprgeet neon ernie fabcemptp Sakepeepghoondes Bisiog Speen oe Ghorsbeg oahen oo difrmaéslonsenge gfecencena qyebedemnornGéslens Seeopegnel gcc BornhGeed Bos "no ae ‘Kyaw MinLOCAL BIZ 11 May 30-June 5, 2013 Myanmar Business Today vs AND CHINA IN TALKS FOR JADE TAX ike Hal ‘SKOREAN FIRMS SIGN MOU ON ECONOMIC COOPERATION Mil Reservation HOT LINE : (95-1) 504 88812 ‘Myanmar Business Tod: REGIONAL BIZ ‘May 30June5, 2013 INDONESIA'S FREEPORT MINE RISKS PROLONGED CLOSURE OVER DISASTER spt Nn Fe ica 1 nbn fine could fase aro Jonged closure and se tiny over its underground ‘mining plans aor ene of ‘he county's wasstover mining dass, anal a mining sources sid. The Arizona based con pny closed the woul’ Secondargest copper sine rceady, «day after 2 taining tunel away from its main operons fal non 38 workers, The death tol as led 0 21, while en bave boon rescued and sven renin The inides impact on otal copper supply bas ofr oun init a the Geasherg mine complex oops stokes in reserve in case of disuptins, but that would change if the osu drags on "Yu ave to think tat fs not something tha is soi obo solved over fight, said Gayle Bony, sn analyst at Barclays in Lenn, “The danger is that 3€ Freeport doy 10 restart Gaasborg too eatly, they might inflame aleady que tease labours a1 ptiod when they ae mean to be nopoiing wih unions” sbe aod Freeport sad would aly feopen with govem meat permission. “When we penton, we will abo have to consult wih the minty of mines." Fre post spokestoman Duby Priayant sai Indonesian President Susilo” Barshans Yu Ioyon called fr ain Vestigaton and fr rescue to beintenseding ‘Twiter message recently, urging companies in the county to improve safey forworkers. Tndoesi’s mining seo torhas poor safer second ster a serie of previous fecidents including an explosion at cal mine in Sura hat ile at st 28 poople in 2009 and ‘landslide in 2006 that, Auld ight The government recently anne underground op ratios at he West Paps tine, Primayant sid. Most meal at hefty, In one ofthe most ema regions of the Indonesian swchipelago, is curently feared fom an ope [at Bur the company plans fo increase the sare underground mining Polialy, they would ave to leave the oper ‘ins suspended al he lust of the bodies ae The only eaby ss i how long they restart. Pay that will be number of ays” ing indus source "The bigger stagic question i what th in ‘Mision for the develop ‘ment of the underground ‘mining operations and therefore to Freep’ tageted production levels seit moves ino an under ‘round pase" sid amis Ing industy source with Inowladge ofthe star in Indonesia recovers ‘sid 8 see mi ‘yanmar Summary if hag oa egmay payearegsiok 2 Gold be 2 eh Graiesireemeinns aig eSeedine co Gemochpirapeyce shoot eS Sabeepcgiert ane E-Gamaiom npedombceh Sppeeengtod sod cobehigegt cokes Grumgts feghars go snbBtesmecaonm Gok ghtean Epes oo ng BSE Biqiads add dg gEleitepbeanbinginos seems weaneite Bingen Pees Seong peetag Lema ana ceaashilaun Sree bait pao sa cetpoten weaned Pshokeorienngiy poentiebayitaeed Piedad Sapiens art Serene: Here Slew det qleengelgion Slo Toten Tedeynw aurtireimprat Piel Seribgeteariag ented TE usa et Somes fon qroncing Si gered Seeghalcetp hl NORTHEAST BOOST IN 4-NATION CORRIDOR an Pine Mie [ie tnt Cs Pe isn eel on Nps int {Sonne or ‘pony Raga im an mur c Sh i i do Comsat ed sone ht he ea te Norns el sine te " the possibly of ina structure development 10 Tink India’ norteasem region with Bangladesh Myanmar, China and discussed ther counties in the Southeast Asian region’ Singh sid Li also sessed on the feutnaion corridor. “The two sides have agreed to jointly explore the stablishment of CIM. ‘seonomie coeridor and strengthen boeder wade ‘This way, we will bo able ity between East Asia and South Asia” India as been pushing Dhaka 10 open a ade cide o connect the Northeast with the est of India the only land ink “Chisken’s ow ie the Neck", & narrow 26km strip oF land ia noe Bengal India and Ching wane 1 push up wade 1 $100 billon analy alice of| which could come from the Northeast. In don, both sides have agreed 10 steagthon bower ‘ead trough Natl ia Sikkim The joint statement afer the Siagh-Li meting abso nentioned Calta from where 8 BCIM cat rally eh fans Ege smceeh rebel gem Gaod oegeromges Crepe clone Shepton $8 seriieger Soh 9 fp Peters Fe afoteecgeoeste Btn Bees ob egecranh nt coabetattage BegSncegberenshecy mnGimearenh th iieetieGitegn eorpeecet ea So Stem heme CHINA SEEKS TO STEER MORE FDI INTO HINTERLAND: hina wants tore fopeign diet in estment in lest developed conal. and west sepions as it looks to manow the wealth sap with big case ies, and will open up Savile, automobile fd mining projects among ober, according to. revised investment sudelines published on Thursday ast week. China will encourage FDI in mineral products inclodiag ine, ‘in and sibium in Guang Autonomous Region, Tough investment lb and Reform Commission (NDRO) website, wu. Sap goven, Foreign fms will ako be encouraged "9 put money into automobile factories ia. westem regions, the NDRC said In previous guidelines in A whole was discouraged ‘ue to ove eapocy The new guidelines, which cover 22. prov ince, wil be etetve fom June 10. Projets in the ‘encourage extegory will enjoy preferential policies, the statemes Eid) Thess usally i ‘le beter tx tenet. Eater on Thursday las wes, the Commerce Minisuy said that in he first four months of 2013, I porceat-of China’ FDI went tothe westem provinces and 84 perce to thecentaleepon,com- pod with 83.8 percent 6 Meese provinces. China dew total of S383 billion in forign ect invests frst for month peat fom Psi ia 2012. Taflows fem the Eur pean Union rose 30 per ont 1 $25 billion while Those fom the United Stes rose 332 perce to $1.4 bilo, DI from the top 10 ‘Asian economies, includ- ing Hong Kong, Japan and Singapore, rose 02 pvcent yearn-year in the fist four months to S331 billion Service scot fnflows vealed $189 billion bee tween January and Api, up 69 perce ona Year ago, Manufacturing see- tor inflows reached $16.4 Nilion during the same poviod, down 88 versus 8 Year ealce Chin's outbound rect investment fom etfiancil rei the first four months rose 27 percent tom year g0 10 $295 billion, the nis said a Apil alone, FDI stood at $8.44 bilion in FDI, up 0.4 percent fom a year ag, the ministy ssid =a yanmar Spttetd Scho scieommyingeepe ete BE Gahay hbirboneess et Contd. P16.REGIONAL BIZ May 30-June 5, 2013 13 Myanmar Business Today JAPAN UPGRADES ECONOMIC OUTLOOK AS ABE'S POLICIES TAKE HOLD __ he Jgpanese_ 20 I femme -upuraded iis ansessnent of the economy on Monday last week, as emerging Sens of an yprum ia pos and fctry cup ded 10 growing. ev ence that Prime Minister Shinzo Abo's agaressive polices are beganing 0 ignite grow “The world’s thing est cconamy i gradually recovering, acomiag 10 ‘he governmen's montly report released by the Caines Office ‘The upgrade was the frst in two months, and an improvement om Apel when it said the conomy was. showing Signs of recovery but still ad some weak pas, Policymakers are also likely 10 take hea fom Reuters Tankan survey which showed manufactures Scatiment ose fora sith staight month in May, tu ing positive forthe first time in ye. “Accowding tothe survey increasing optimism among manufacturers was largely diven by expor sects, including eleceic and pression machinery, that have benfited fom a sharp weakening inthe yen “Manufactures had been lagging the services sets tua weak yen and inspovemeats inthe US economy ‘mean that manufictues” sentiment i starting to atch up said Hiroshi Miyazaki, senor conamist at Mit subishi UES Megan Stanley Securities. “This inline with the bullish scenario hat the BOS has ad out There's no need to change poy.” Since Abe unveiled his stategy in November to chan TS) et a hg iowa ena end two decades of economic stagnation the yen has slumped to 4-12 year lows versus the dollar and share Prices ave rocketed by 70 percent, “Abe i hoping thatthe wealteblnpat aa Genty olsen? Sept! obetd cane seriously run down fer decades of use. It pocpemayieme teoded around VNDS billion ($239,000) 10 be ves srbisetsto Tr mates tiem curent small "traders fapSoqeqeoey fected not ines ed eiGertomaetea m paying extra foes and taxes after work wae fv ‘She, sid Tran Dai Tu, head of Cho Phu Trade and Service Co-operative Hang Da, Cus Nam snd Thanh Cong markets were camps ofmarkes which —dkt-not operate ‘fice ater being up raed into wade cones gor bigs elke sos etapa Bg mec foe fe ‘Bye Bechler coeeegtoigp cope seem SEGRE Esker EE Sele hese" Fro cahnSu ofpatee tiie Sovtecpne ah BSvSnterchatrts easoty SorGeng Nit Trach rte tesneeeioring nee Sieh seeyemctt hope Biden aink eederentngs Gases rosie al 2 ai nhsesge St etc eb Spectieings Inv Be oreeteaiegs hog aaREGIONAL BIZ 14 MICROSOFT HITS KOREA WITH FIRST TABLET TO CATCH RIVALS Saod com RT tablet uns on Wit puter” gant dows operating system Microsoft Corp designed for models xing fas launched is abet low-power chips licenced computer, the Sutoee, ia by Britsh chip desisnor South Korea on Tusday ARM Holding Pl, lust wook in a bid to The Surice Pro tablet so Miso Cor 995 cqSingh Tale ra Surface op amecncoe Gig oeitecpge geo 09 aang Geiss mt sam ar congas wihrivaleApple with he same seen sa, tnd Samsung. who he opens on Windows 8 minted caus hich fr dics ue “he Wishingln-ancd Cony the company sid congas, whch was The Suice Po foamed by. hilonaie ures the Sure Pon a Dit Gates and hia st Ss ta ees sr toss puter Pl Alen in dle and rie on 1975, silat is bette sean as hey doo al beable along pase = oaenee ‘side an updated version ‘The Pro comes with an Steven Sinafihy president af the Windows Division, Miura ee ol called Surface Pro, ffom Intel Core iS procensr, MA Suet New 2k at pre conrece Fie tates Jocal retail shops fiom a full-sized USB port version, with that for the Android operating system rea Tabara tim Tiblake fins Seana vaten samc et Saliba oh me ‘already been released in millimeters. ‘won. Myanmar Summary <:°{jé<{>%-S¢p 32GB mal o8 6 joooo ‘over 20 countries, includ- The proposed retail The launch of Micro- USm (smoufpsfsslors gps) Sune ie lS e Sie _tss cmpr Elotyinn Marne we og > Chim Sis a1 9 Ses pt oan oe hd estate ES The 1O6ind Sarice won (S35) for» GB sang Gogle Iie toi deeb Geena kl on. B scabies Src Pro of Sic Pen elu engol mnbangigeg 098 emt Slow HONG KONG MUITI-BUSINESS FIRM EYE ANB DIA MARKET H: Kong-based terthe Cambodian market stucture and services in Chief Holdings Lig, HRaPmPoacbeac Chief Holdings was made after careful Cambodia “The presence of the #78} area SAlpeayt Lid opened its observations concluded “We will invest here company in Cambodia °ER*BEspBioE gy e6>> fist” Cambodia branch that good) opportunities step by step." he sad, truly lstates te coun cera brea srw sane sata SMEARS savant ding Sinan oe Sete eget jing Lid, the name under from Hong Kong and Cambodian Prime Min- in Cambodia.” Xinhur ae “8 wept omifGiicybewmnt . ons rf contin Operate in. Cambodia, Lam added that the launching ceremony thar =MSO8 Lam yoGpfepsbanc Cet GGnoge Lan te Spastic eet pec ar"hnamenly Ting ley ah sepeomoeee ELEMENTS Yangon STOCK EXCHANGE Poncmerariiune ae eet a ARE YOU READY? ~~ 9 Bey crf an eet + BARE Bs atid phoned # cBiliyfolhna§ 2015 yangonstockEX ony Tel: 01-8603491 , 01-513995 , 01-255080}