Professional Documents
Culture Documents
NATIONAL NATIONAL
State Counsellor opens new ‘model Vice President U Henry Van Thio attends
building’ of primary school in Pyinmana ‘2020 Seed Fair’
PAGE-4 PAGE-6
Vol. VI, No. 287, 5 th Waxing of Tabodwe 1381 ME www.globalnewlightofmyanmar.com Wednesday, 29 January 2020
State Counsellor Daw Aung San Suu Kyi delivers the opening speech at the Education Development Implementation Conference 2020 (Basic Education Sector) in Nay Pyi Taw. PHOTO: MNA
INSIDE TODAY
Pyidaungsu Hluttaw
MPs support ODA loan from Poland, debate JPAC’s 16/2019 report in Pyidaungsu Hluttaw
MP U Maung Maung Ohn. MP U Aye Naing. PHOTO: MNA MP Dr Saw Naing. PHOTO: MNA MP U Win Min. PHOTO: MNA MP Major Zay Phyo.
PHOTO: MNA PHOTO: MNA
Education Development
Implementation Conference
2020 held in Nay Pyi Taw
THE Education Development human resources for the country.
Implementation Conference He also said the government
(Basic Education Sector) 2020 is implementing the reform plans
was held at the Myanmar Inter- for development of the country’s
national Convention Centre II education in line with laws, rules,
(MICC-II) yesterday afternoon. plans and strategies as it was in
During the second session of very weakened state for many
conference, Union Minister for years.
Education said the conference Director-General U Ko Lay
was aimed to find solutions in Win from the Department of
reforming basic education sector Basic Education explained the Union Minister Dr Myo Thein Gyi addresses the second session of Education Development Implementation
with short term and long term development in the Education Conference 2020 in Nay Pyi Taw yesterday. PHOTO: MNA
plans in accordance with the Na- Development Implementation Then, senior officials from The reports were then dis- conference will continue on 29
tional Education Strategic Plan Conference (Basic Education the department presented their cussed by small groups, and January.—MNA
to be able to generate capable Sector) 2018 Report. reports on basic education sector. discussions were recorded. The (Translated by Aung Khin)
29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR NATIONAL 3
State Counsellor Daw Aung San Suu Kyi plants a Gangaw tree at the
opening ceremony of the new ‘model building’ of Basic Education State Counsellor Daw Aung San Suu Kyi is welcomed by students at the opening ceremony of the new ‘model
Primary School (Bawgawadi) in Nay Pyi Taw yesterday. PHOTO: MNA building’ of Basic Education Primary School (Bawgawadi) in Nay Pyi Taw yesterday. PHOTO: MNA
29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR NATIONAL 5
Vice President
U Henry Van Thio
receives South Korean
Ambassador
VICE President U Henry Van of the two nations, tourism sec-
Thio received Ambassador of tor development and cultural
the Republic of Korea Mr Lee cooperation, and sending My-
Sang-hwa at the diplomatic hall anmar delegation of high-rank-
of the Presidential Palace in Nay ing officials to the World Summit
Pyi Taw yesterday. on Peace, Security and Human
During the meeting, they Development in South Korea.
discussed matters related to pro- Also present at the meeting
moting bilateral cooperation be- were Permanent Secretary of
tween Myanmar and South Ko- Ministry of Foreign Affairs U Soe
rea, promotion of bilateral trade Han and officials. —MNA
and investment, strengthening Vice President U Henry Van Thio meets with Ambassador of the Republic of Korea Mr Lee Sang-hwa at the
friendship between the peoples (Translated by Kyaw Zin Tun) Presidential Palace in Nay Pyi Taw yesterday. PHOTO: MNA
6 NATIONAL 29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR
Union Minister U Kyaw Tin receives United Nations Secretary-General’s Special Envoy on Myanmar
UNION MINISTER for International Cox’s Bazar to meet with the displaced
Cooperation U Kyaw Tin received United persons.
Nations Secretary-General’s Special En- The Union Minister also informed
voy on Myanmar Ms. Christine Schraner her of his view on the recent decision
Burgener at 1:00 pm, on 28 January 2020 by the International Court of Justice
at the Ministry of Foreign Affairs in Nay (ICJ) on ‘provisional measures’ in the
Pyi Taw. case brought by The Gambia against
During the meeting, they exchanged Myanmar as well as steps taken by the
views on measures taken by the govern- government to address the accounta-
ment for repatriation of displaced per- bility issue through domestic judicial
son for implementation of the National system as recommended by the final
Strategy on Resettlement of Internally report of the Independent Commission
Displaced Persons (IDPs) and Closure of Enquiry (ICOE).
of IDP Camps, recent developments Also present at the meeting were U
in creating conducive environment for Kyaw Thu Nyein, Deputy Director-Gen-
the returnees in cooperation with the eral of the International Organizations
United Nations and ASEAN, speeding and Economic Department of the Min-
up the citizenship application process, istry of Foreign Affairs and officials from Union Minister U Kyaw Tin meets with United Nations Secretary-General’s Special Envoy on
and recent visit of Myanmar officials to the Ministry of Foreign Affairs.—MNA Myanmar Ms Christine Schraner Burgener in Nay Pyi Taw on 28 January 2020. PHOTO: MNA
29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR ADVERTISEMENT 7
8 OPINION 29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR
29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR NATIONAL 9
Coronavirus - Be INTERVIEW
2020, 73rd Anniversary Union Day
alert, not afraid Access to finance remains the largest challenge in the sector. National Objectives
Without this, it is difficult to improve irrigation facilities, 1. All ethnic nationals to preserve and protect for non-dis-
integration of the Union, non-disintegration of National
W
ITH the death toll in the coronavirus outbreak Unity and Perpetuation of Sovereignty.
crossing 100, health authorities in Myanmar have
beefed up surveillance at international airports
and border checkpoints, especially those along the
quality and yields, and storage capabilities. U Ye Min Aung, 2. To work on the peace process till success is achieved
based on Union spirit.
3. To strive with the collective strength of all ethnic nation-
border with China. Secretary-General, Myanmar Rice Federation als for rule of law, a fair justice system and the security
At present, more than 4,500 cases have been reported from the Oxford Business Group and safety of all citizens.
mainland, where there has been an outbreak of respiratory illness 4. To prevent/protect all people from the danger of narcotic
caused by a new coronavirus, which can spread from person to In what ways can Myanmar mostly of paddy fields, which of exports alone is not neces- reduce methane emissions by that safety regulations are in drugs as a national duty and thereby uplift their standard
person. diversify production? are not immediately suitable for sary, although these exports removing the need to flood rice place and illicit trade is kept to a of living.
As the pneumonia-causing virus has triggered a health scare U YE MIN AUNG: Diversifica- vegetable cultivation without do help ensure sectoral price paddies. Rice cultivation needs minimum. In addition, farmers 5. Emergence of a Constitution which will be in alignment
in China, it would be sensible to be concerned. But, we must take tion is great in theory, but it is treatment. stability and absorb market to be intensified in Myanmar, must follow health and safety with a genuine Democratic Federal Union.
care not to overreact to the developing situation. difficult to achieve. It requires In agriculture supply-side shocks. The number of coun- though not at the expense of procedures.
With Myanmar on high alert and surveillance mode, people state support and economic policies tend to fail, so if we tries Myanmar exports to has the environment. The System of Access to finance remains
seem to be reaching a point where public indifference has tipped strength. If we examine region- insist on diversification before grown considerably in recent Rice Intensification developed the largest challenge in the sec-
into worry, and even, fear. al trends, it took Thailand and we are able to bring it to scale years, almost tripling from 20 by Cornell University provides tor. Without this, it is difficult
Sales of face masks have Vietnam decades of commercial we will not succeed. Diversi- countries in 2012 to nearly 60 a great method for maintaining to improve irrigation facilities,
soared, with shortage report- rice farming to gather the fi- fication within a commodity by 2019. There has also been this balance, with an emphasis quality and yields, and storage
While we ed from some border towns. nancing and technical ability to chain is what we can consider. significant improvements in the on controlling inputs and plant capabilities. Our neighbours de-
While we should remain quality of production, with cer- management, and it has already veloped their agricultural sec- Myanmar Daily Weather Report
should remain on the alert for coronavirus, tification having played a role seen success in Myanmar. Nat- tors with the help of consistent, (Issued at 7:00 pm Tuesday 28th January, 2020)
there is no rea-
sector needs investment
the Nyaungshwe Hospital the supply chain. and can greatly increase effi- sibility to support this. It is in the government to prioritise FORECAST VALID UNTIL NOON OF THE 29th January,
and treated for diarrhea and ciency, improve soil quality and the public interest to ensure its expansion. The bank already 2020: Light rain are likely to be isolated in Upper Sagaing Re-
son to be afraid. fever. Her condition improved How would you assess the has over 220 branches nation- gion and Kachin State. Degree of certainty is (60%). Weather
Each suspected
the next day. She showed no
signs of pneumonia. But, as as it is undercapitalised technology and storage fa-
cilities in the sector’s supply
wide, but it must focus on di-
versifying its product portfolio
will be partly cloudy in Taninthayi Region, Northern Shan,
Chin and Mon States and generally fair in the remaining
she was visiting from China chain? Rice cultivation needs and increasing its outreach pro- Regions and States.
case is not test- and hospitalized during the
and lacking expertise. YE MIN AUNG: Adequate stor- grammes. There is also a role
to be intensified in
surveillance period for coro- age facilities are vital for Myan- for microfinance institutions STATE OF THE SEA: Sea will be slight to moderate in My-
ing positive for navirus, she was quarantined.
In this scenario, we must
mar. Without effective drying
equipment the effects of climate
to play, but there is not yet at a
sufficient capacity level to gen-
anmar waters. Wave height will be about (5-7) feet in Deltaic,
off and along Rakhine Coast and about (4-6) feet in Gulf of
the virus. rely on information provid-
ed on official websites and
diversify at scale. On top of that,
our market has unique issues
With rice, for instance, we do
not currently manufacture rice
change are acutely felt, with
crops being ruined. Improve- Myanmar, though not erate real change. Though we
are latecomers to mechanised
Mottama, off and along Mon-Taninthayi Coast.
organizations. Information to overcome. Before diversifi- oil, biscuits, cosmetics or noo- ments are slowly taking place, agriculture, we can now use OUTLOOK FOR SUBSEQUENT TWO DAYS: Likelihood
from social media needs to
be considered in light of data provided on official websites, such as
cation can truly take place, we
need to study our ecology to en-
dles. Globally, rice consumption
has slowed but the market for
but the sector needs invest-
ment as it is undercapitalised at the expense of the this technology to accelerate
our growth trajectory. Our next
of slight decrease of night temperatures in Sagaing Region,
Kachin and Chin States.
those of international health organizations and health organizations able us to use it effectively. Fol- rice-based products, such as and lacking expertise. On the step as a nation should be to
from China.
Though the World Health Organization (WHO) has not yet
lowing Cyclone Nargis in 2008
we have seen an increase in
glucose, is growing. Meanwhile,
the country consumes 80% of
farming side, moves towards
more effective and sustainable
environment. prioritise expanding banking
facilities for farmers.
FORECAST FOR NAY PYI TAW AND NEIGHBOURING
AREA FOR 29th January, 2020: Fair weather.
declared the Novel Coronavirus-2019 a public health emergency of pests and disease. Additionally, the rice it produces, meaning practices are under way but
international concern (PHEIC), it has declared it to be ‘high’ risk. Myanmar’s farmland consists that diversification for the sake they are only in the early stag- FORECAST FOR YANGON AND NEIGHBOURING AREA
The World Health Organization is recommending some basic FOR 29th January, 2020: Generally fair weather.
measures to limit the spread of the coronavirus. (The last two are
specifically focused on people in and around Ground Zero for the FORECAST FOR MANDALAY AND NEIGHBOURING
virus - Wuhan, China.) AREA FOR 29th January, 2020: Fair weather.
People must:
Frequently wash their hands with an alcohol-based hand rub, Readiness is the key to detect, combat spread of the new coronavirus
or warm water and soap.
Cover their mouth and nose with a flexed elbow or tissue when World Health Organization
sneezing or coughing.
T
Avoid close contact with anyone who has a fever or cough. HE World Health Organ- Region. tries in the Region to roll out ters of Health since the onset dinate global work on surveil- risk was assessed to be ‘high’.
Seek early medical help if they have a fever, cough, and difficulty ization South-East Asia As in the case of any new these guidelines, prioritizing of the outbreak. Last week Dr lance, epidemiology, modelling, WHO is keeping a close
breathing, and share their travel history with healthcare providers. has urged countries in virus, much remains to be un- reviewing and building capac- Khetrapal Singh also took stock diagnostics, clinical care and watch on the evolving situation
Avoid direct, unprotected contact with live animals and surfaces the Region to remain vigilant and derstood, the Regional Director ities for laboratory diagnostic, of the preparedness and sup- treatment, and other ways to and remains committed to work
in contact with animals when visiting live markets in affected areas. strengthen readiness to rapidly said, adding that globally WHO including referral of specimens port being extended by WHO to identify, manage the disease and with member countries to scale
Avoid eating raw or undercooked animal products and exer- detect any case of importation of has prepared interim guidance and diagnosis; trainings in case countries. limit onward transmission. up readiness and implement
cise care when handling raw meat, milk, or animal organs to avoid the new coronavirus and prevent on case detection, testing, clin- management, specimen collec- Two countries in the WHO Though the new corona- IHR core capacities to respond
cross-contamination with uncooked foods. its spread. ical management of cases, in- tion and transportation, and in- South-East Asia Region – Thai- virus being called novel coro- to any importation, Dr Khetrapal
As the virus’ footprint spreads, advisories on limiting travel will “It is time to focus all efforts fection prevention and control fection prevention and control; land and Nepal - have report- navirus-2019 was not declared Singh said, emphasizing that
likely be issued. As anyone who flies regularly knows, airplanes are on readiness guided by what- during health care, home care logistics support and communi- ed confirmed cases of the new a public health emergency of “We should continue to be vig-
a hotbed of germs. ever is known about the new for people suspected to have the cating risks and promoting de- coronavirus. international concern (PHEIC) ilant and ready to contain and
But, for now, we just need to keep the basics in mind. coronavirus,” said Dr Poonam virus, and guidance on reducing sired behavior in the community. Globally, WHO continues to by the Emergency Committee of prevent any further spread.”
Khetrapal Singh, Regional Di- transmission. The Regional Director has work with networks of research- the International Health Regu-
rector, WHO South-East Asia WHO is working with coun- been in contact with the Minis- ers and other experts to coor- lation which met last week, its
10 NATIONAL 29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR
w w w.g lob al n ewl i g hto f myan mar.c o m YCDC distributes second round of land
ACTING CHIEF EDITOR
Aye Min Soe
dce@globalnewlightofmyanmar.com
compensation to farmers
SENIOR EDITORIAL CONSULTANT THE Yangon City Development ue to live there as squatters, we
Kyaw Myaing Committee (YCDC) on 27 Jan- will take legal action according to
SENIOR TRANSLATORS
uary distributed the second existing laws,” he added.
Zaw Htet Oo round of land compensation, Then, the Chief Minister, Re-
Aung Khin amounting to K15,381.22 mil- gional Hluttaw chairman U Tin
INTERNATIONAL NEWS EDITOR
lion, to local farmers whose Maung Tun, Agriculture, Live-
Ye Htut Tin,
editor1@globalnewlightofmyanmar.com lands have been confiscated stock, Forest and Energy Minis-
by the government. ter U Han Tun, Yangon Mayor U
LOCAL NEWS EDITORS The compensation was Maung Maung Soe, and officials
Tun Tun Naing (Editor),
intlnews@globalnewlightofmyanmar.com
disbursed during a ceremony of the Regional Committee for
Nwe Nwe Tun (Sub-editor), at the YCDC meeting hall. Scrutinizing of Confiscated Farm-
nwenwe9131@gmail.com At the ceremony, Yangon lands and other lands committee
Region Chief Minister U Phyo distributed compensation to farm-
TRANSLATORS
Hay Mar Tin Win, Min Thein said that land com- ers. Afterwards, a local farmer
Ei Myat Mon pensation will be disbursed in gave words of thanks on behalf
Kyaw Zin Lin totality in 2020. “Farm lands of all farmers.
Kyaw Zin Tun
and other lands, which have On the same day, the YCDC
REPORTER been confiscated, will be scruti- on Monday gave K15,381.22 mil-
Nyein Nyein Ei, nized before the compensation lion in compensation to 139 local
reporter1@globalnewlightofmyanmar.com
is awarded. Land Committees farmers for 1545.322 acres of land
PHOTOGRAPHER at different levels are following in Dagon Myothit Seikkan, Dagon
Kyaw Zeya Win @ Phoe Khwar the procedures set by the cen- Myothit (South, North, and East),
Kyaw Zeya tral committee for processing Hlinethaya, Shwepyithar, Min-
COMPUTER TEAM
compensations so that people glardone, Dala, Kyimyindaing,
Thein Ngwe, Zaw Zaw Aung, cooperate with the committee Yangon Region Chief Minister U Phyo Min Thein presents compensation and Taikkyi townships. On 28 Sep-
Hnin Pwint, Kay Khaing Win, by presenting correct informa- to farmers in Yangon on 27 January. PHOTO: HSAN KYAW OO (IPRD) tember, 2019, the YCDC gave K7
Sanda Hnin, Thein Htwe,
tion about farmland,” he said. billion in compensation to 50 local
Nyi Lin Thu
The committee would be tion, he added. giving land compensation and farmers for 696.31 acres of farm-
EDITORIAL SECTION able to provide compensation “Moreover, we want to make that the land will become the gov- land. —Hsan Kyaw Oo (IPRD)
(+95) (01)8604529, only if it gets correct informa- it clear that the authorities are ernment’s again. If people contin- (Translated by Hay Mar)
Fax — (+95) (01) 8604305
Sr Nature of report Details on seizure and legal action taken 5 Information received of Police have opened 19 cases and arrested 26 men and
some people distributing three women together with heroin, stimulant tablets
1 Information received of On 22 January 2020, police searched the house of Kyaw and selling illegal drugs and opium block in the previous weeks.
Kyaw San Lin who lives San Lin (a) Kyaw San Kway, 44, son of U Ba Thwin, in wards of Taunggyi Acting on a tip-off, police searched the house of Myint
in Pyinbin Village, Kyun- who lives in Pyinbin Village, Kyunhla Township, and Township, Shan State, Hlaing (a) Ah Thae Lay, 36, son of U Maw Tan, who
hla Township, Sagaing arrested him together with ‘WY’ stimulant tablets lives in Shwetaung Ward, Taunggyi Township, on 21
Region, distributing and and heroin. January and found him and other nine people — his
selling illegal drugs. A case has been opened against him with MaMaSa brothers Than Naing, (a) Ahpulay, 41, and Min Min Tun
(Kyunhla)MaYa(pa)1/2020 under Section 19(a) and (a) Tin Shein, 30; Tun Thar (a) Kyan Kyaung, 20, son
20(a) of the Narcotic Drugs and Psychotropic Sub- of U Maung Kyaw, and his brother Thant Zin Phyo (a)
stances Law. Ahngelay, 19; Yan Aung Naing (a) Yan Naing, 31, son
of U Aung Myint, who lives in the same ward; Pyae
2 Information received On 21 January 2020, police searched the house of Chit Phyo Kyaw (a) Poe La Pyae, 25, son of U Kyaw Htay,
of Chit Ko who lives in Ko (a) Chit Myo Ko, 35, son of U Mya Thaung, who lives who lives in Sein Pan Ward; Zaw Lin Aung, 29, son of
Kyeesu Ward, Dawbon in Kyeesu Ward, Dawbon Township, and arrested him U Toe Maung, who lives in Sein Pan Ward, Wei Lwin
Township, Yangon Re- together with ‘WY’ stimulant tablets. Phoe (a) Ko Tu, 29, son of U Min Lwin, who lives in
gion, distributing and A case has been opened against him with MaMaSa Kanthar Ward and Sai Thein Han, 31, son of U Sai Tun
selling illegal drugs. (Dawbon)MaYa(pa)6/2020 under Section 19 (a) of the Myint, who lives in Kanouk Ward. Police seized ‘WY’
Narcotic Drugs and Psychotropic Substances Law. stimulant tablets from them.
A case has been opened against them with MaMaSa
3 Information received of On 23 January 2020, police searched the house of Daw (Taunggyi)MaYa(pa)5/2020 under Section 19(a) and 21
Daw Khin Lay Myint who Khin Lay Myint (a) Pwa Gyi, 48, daughter of U Thein of the Narcotic Drugs and Psychotropic Substances
lives in Ywama Anauk Naing, who lives in Ywama Anauk Ward, Insein Town- Law.
Ward, Insein Township, ship, and arrested her and Zaw Oo, 34, son of U Thein
Yangon Region, distrib- Zaw, who lives in Pauktaw Ward, Insein Township, 3. Out of the information sent to the Drug Activity Special Complaint Department,
uting and selling illegal together with ‘WY’ stimulant tablets. so far a total of 957 cases have been opened files as of 25 January 2020. A total of
drugs. A case has been opened against them with MaMaSa 1,480 people, including 1,236 men and 244 women had been arrested with 7494.9814g
(Insein)MaYa(pa)12/2020 under Section 16(c) and 21 of of heroin, 1,347.42 g of ICE, 40,339.02166 g of opium, 661.27 g of low-quality opium,
the Narcotic Drugs and Psychotropic Substances Law. 53230.76 g of speciosa powder, 12097.32 g of speciosa, 2.5 liters of liquid speciosa,
462,707 stimulant tablets, 10310.42 g of marijuana, 0.1 liters of opium tincture, 520.28
4 Information received of On 19 January 2020, police searched a shop house g of opium blocks, 60 g of poppy seeds, 55.45 g of crushed stimulant tablet powder,
Kyaw Hlaing and Aye of Kyaw Hlaing, 52, son of U Hla Hsaung, who lives 0.001 g of crushed ecstasy powder, 19 firearms, different kinds of 257 cartridges and
Lwin who live in Taung in Taung Ward, Hopon Township and arrested him one grenade. Efforts for fighting the drug trafficking has been stepped up and the
Ward, Hopon Township, together with ‘WY’ stimulant tablets. department will report on further exposed cases.
Shan State (south), dis- A case has been opened against him with MaMaSa 4. To seize further drugs and to arrest drugs dealers, people are urged to inform
tributing and selling ille- (Hopon)MaYa(pa)7/2020 under Section 16(c) of the the Ministry of Home Affairs, region and state governments and to inform huge cases
gal drugs. Narcotic Drugs and Psychotropic Substances Law. of drug trafficking and other suspicious cases directly to the Drug Activity Special
Similarly, police searched the house of Aye Lwin, 41, Complaint Department of the Office of the President via following contact numbers:
son of U Hla Maung, who lives in the same ward, and
arrested him together with ‘WY’ stimulant tablets. Contacts:
A case has been opened against him with MaMaSa Landline No. — 067-590200
(Hopon)MaYa(pa)8/2020 under Section 16(c) of the Fax Phone No. — 067-590233
Narcotic Drugs and Psychotropic Substances Law. Email Address — antinarcotics@presidentoffice.gov.mm
Deputy Information
Minister receives officials
from BBC Media Action
DEPUTY MINISTER for Infor- cooperative matters.—MNA
mation U Aung Hla Tun received (Translated by Kyaw Zin Tun)
the officials from BBC Media
Action at the ministry in Nay Pyi Deputy Minister U Aung Hla Tun
Taw yesterday. meets with BBC Media Action
During the meeting, delegation at the Ministry of
Information in Nay Pyi Taw
they cordially discussed the
yesterday. PHOTO: MNA
works of BBC Media Action and
29 JANUARY 2020
THE GLOBAL NEW LIGHT OF MYANMAR NATIONAL / AD 13
The Myanmar Investment Commission (MIC) meeting (2 / 2020) was convened at the meeting room of the MIC on 24th January, 2020 in Yangon. U Thaung Tun, Chairman of the MIC
and (7) members attended the meeting. PHOTO:DICA
F
OREIGN direct in- Commission (MIC) scrutinized
vestment inflows into and approved 85 local and for-
Myanmar amounted eign investment projects worth
to nearly US$ 2 billion over US$ 1,940 million during the
during the first four months of period from 1 October 2019 to
this fiscal year, an increase of 24 January this year, according
more than US$ 200 million when to the figures released by the
compared to the same period DICA. The MIC also gave the
last year, said U Thant Sin Lwin, green light to Myanmar citi-
Director-General of the Directo- zen-invested projects valued at
rate of Investment and Company more than K731,672 million and
Administration (DICA) under the US$ 128.4 million in the same U Thaung Tun, Union Minister for Investment and Foreign Economic Relations and Chairman of the
Ministry of Investment and For- period, creating up to 1,587 job Myanmar Investment Commission (MIC) received Mrs Kay Kuok Oon Kwong, Chairman from Shangri-
eign Economic Relations. opportunities for Myanmar cit- La Yangon Limited on 29th November, 2019 in Yangon and cordially discussed the matters relating to the
The Myanmar Investment izens. “The foreign investment investment. PHOTO: DICA
M
tor-friendly environment and
DICA. The majority of the for- already making investment pol- YANMAR’S first Only about 10 per cent of Entrance fee for the confer-
eign investment from Singapore, icies more efficient and effective Retail Summit Myanmar retailers had transit- ence on the days when it is held
China, Thailand, Hong Kong, for foreign investors. Meanwhile, and Expo 2020 to- ed to modern retail businesses will be 50,000 Kyats while con-
and United Kingdom came to the DICA has been cooperating gether with a con- while 90 per cent remains as tra- ference early bird fee of 30,000
manufacturing, communications, with NGOs, INGOs, and foreign ference titled “Unleashing the ditional retailers. The aim of the Kyats will be available up to 3
transport, tourism, agriculture, agencies so as to lure foreign di- Retail Potential” organized by retail summit and expo was for February at Information Coun-
electricity generation, real es- rect investments into the country Myanmar Retailers Association successful retailers to pass on ters at Citymart Supermarkets
tate and industrial sectors.The by organizing seminars, invest- (MMRA) will be held at Fortune information that small retailers and Ocean Super Centers all
Southeast Asian country aims to ment and business forums. Plaza in Yangon on 7 and 8 Feb- ought to know as well as changes over the country.
attract US$ 5.8 billion of FDI in Around 1,800 foreign enter- ruary 2020. A pre-Press Confer- required and advancement in In the public portion of the
the current financial year. prises from 50 countries around ence about this two-day event technologies in order to create Expo where entrance is free for
Union Minister for Invest- the world were permitted to was held at Union of Myanmar a better retailing environment the public, 150 booths opened by
ment and Foreign Economic invest in 12 sectors.Myanmar Federation of Chambers of Com- in Myanmar. Ten foreign experts renown suppliers to retailers
Relations U Thaung Tun said received US$ 9.4 billion of foreign merce and Industry (UMFCCI) including top management from will be exhibiting and selling at
that FDI inflows into Myanmar direct investment in 2015-2016 on 21 January 2020. world famous 7 Eleven conven- bargain prices consumer, bever-
are expected to increase consid- FY, US$ 6.6 billion of FDI in 2016- “For the benefit of retail- ience store, Thailand’s famous ages, toys, fashion, household,
erably in the current fiscal year 2017, US$ 6.11 billion of FDI in ers in the Retail Industry, their shopping malls Paragon and beauty, IT, medical and health-
once proposals for offshore oil ex- 2017-2018 FY, US$ 4.5 billion in suppliers and partners, a con- Emporium, Indonesia’s Mata- care products.
ploration and mineral extraction 2018-2019, and is estimated to at- ference titled ‘Unleashing the hari Department Store, Philip- “Retail Summit & Expo
are scrutinized and approved by tract US$ 5.8 billion in the current Retail Potential’ will be included. pine’s Wilcon Home Depot, ten 2020 will be an event where
the MIC. He continued that the fiscal year. The largest sector of Retail experts, successful play- locals such as Daw Win Win retailers could promote their
government has taken a number foreign direct investmentcame ers in the retail industry, leaders Tint of Citymart Holding and businesses at a single place.
of significant measures to ensure to oil and gas sector, accounting of foreign retail businesses will economic advisor Dr Aung Tun Booths at the event will also
that it will be much easier for for 27 per cent of the total FDI, discuss in the conference allow- Thet will be holding talks. It is a display the products which
foreign investors to do business followed by the electricity gener- ing all to learn their different conference for those who were could support the retail busi-
in Myanmar. Myanmar aimed ation sector with 26.15 per cent views and concepts. This event in or planning to enter the retail ness. Therefore, the Expo will
to attract US$ 221 billion of FDI and the manufacturing sector was also held as a preparation sector as well as for interested surely benefit both retailers
within 20 years from 2016-2017 with 14.07 per cent. to host an International Retail person in the economy said the and suppliers, said U Naing Lin,
FY to 2035-2036 FY under the Expo in Myanmar” said MMRA MMRA general secretary Daw the vice president of MMRA.”
Chairman U ThureinNyein. Tin Su Hlaing. — Ye Htut Tin (NLM)
Fixtures
Myanmar ties Thailand released for
Week-2 of MPT
1-1 at second match of Myanmar