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Old September 25th, 2010, 06:07 AM   #81
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Beijing gives US$ 4 billion loan to strengthen its presence in Myanmar

The loan, which is interest-free, was agreed in a meeting between Myanmar strongman Than Shwe and Chinese President Hu Jintao, in early September. Government official says money will lead to development. Expert says that the situation of ordinary Burmese will not improve and the government will become a hostage to China.


Yangon (AsiaNews/Agencies) – China has agreed to give Burma a 30 billion yuan (US$ 4.2 billion) interest-free loan. The agreement was reached during junta chief Senior General Than Shwe's five-day state visit to China from 7 to 11 September, Myanmar’s Ministry of National Planning and Economic Development (MNPED) announced. “The interest-free loan agreement between China and Burma was reached after Than Shwe met China's president Hu Jintao in Beijing,” a MNPED official said.

For the Chinese juggernaut, ever thirsty for energy and raw materials, Myanmar is an interesting proposition, a nation run by a repressive military junta that is going to hold elections on 7 November. In view of that, Beijing has already announced it would respect the principle of “non-interference” in the domestic affairs of other countries. The visit by Myanmar’s strongman, Than Shwe, and a 34-member Myanmar delegation, and meetings with Chinese President Hu Jintao were designed to strengthen economic and trade ties between China and Myanmar, countries who share a common border in need of tighter controls.

Chinese investments in Myanmar have grown in recent years. Today, China is Myanmar’s third largest trading partner after Thailand and Singapore. In January of this year, China invested US$ 1.8 billion in the southeast Asian country. Very soon, Beijing might take top spot if the current trend continues, this according to a study by the Central Statistical Organisation. In fact, direct investments from mainland China and Hong Kong exceeded US$ 2.3 billion in June.

“The 30-year loan is intended to help fund mass hydropower projects, road construction, railway development and information technology development,” the MNPED official said.

However, accepting the loan from China may leave Burma's military government open to undue Chinese influence and to an invasion by Chinese companies and workers, said a Yangon-based economist, who did not want his name mentioned.

“Ordinary Burmese people will not get economic opportunities from this agreement,” not to mention, he noted, the fact that “government also has not published how they will manage the loan, or how much Than Shwe can spend in the military development sector”.

In fact, a military source said Than Shwe is not going to submit military expenditures to the new parliament that will convene after the 7 November election.

http://www.asianews.it/news-en/Beijing-gives-US$-4-billion-loan-to-strengthen-its-presence-in-Myanmar-19524.html
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Old September 26th, 2010, 07:55 PM   #82
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Suu Kyi will be allowed to vote

Daw Aung San Suu Kyi has been included on electoral rolls release on September 20 despite being under house arrest.

The daughter of former Myanmar leader General Aung San and leader of the deregistered National League for Democracy party was included on the list of voters in Shwe Taung Gyar 1 ward in Bahan township with the serial number 2833. Her National Registration Card number, date of birth, the name of her parents and her address were included on the electoral roll.

Her two live-in staff, Daw Khin Khin Win, 67, and Daw Win Ma Ma, 43, were also included on the electoral roll, which was signed by the chairman of the Ward Sub-Commission.

The chairman of the Ward Peace and Development Council told The Myanmar Times on September 24 the government would allow Daw Aung San Suu Kyi to vote but because she is under house arrest she could only cast her vote in advance, not on November 7.

According to the Pyithu Hluttaw Election Law Article 6(b), a person whose name has been included in the voting roll of their respective constituency is eligible to vote.

http://www.mmtimes.com/2010/news/541/news022.html
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Old September 27th, 2010, 05:42 AM   #83
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WTF Really,
BTW is that Cambodian writing on your profile
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Old September 29th, 2010, 06:01 AM   #84
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Centrepoint Towers unveils its office and retail spaces
By Htar Htar Khin

September 27 - October 3, 2010

Centrepoint Towers opened its retail and office spaces in Tower 1 on September 16. Pic: Hein Latt Aung IT has taken nearly 15 years but Centrepoint Towers, at the corner of Merchant and Sule Pagoda roads in Kyauktada township, finally opened its office and retail spaces for business on September 16.

The site’s chief executive officer, Mr Richard Mayhew, unveiled Tower 1 of the twin-tower project with a small soft opening ceremony.

“It has been an interesting, if somewhat steady and persistent, process. We believe now with the horizon looking brighter for tourism and business, the time is right for this project,” Mr Mayhew said at the opening.

The site’s owner, Thailand’s LP Holding, signed a 30-year Build, Operate and Transfer agreement with the Ministry of Hotels and Tourism – and under the Myanma Investment Commission – in November 1993.

Work on the project, formerly known as the Sofitel, began back in 1995 but was mothballed in 1998, as part of continued fallout from the Asian Financial Crisis that had begun in the previous year.

“The Asian Financial Crisis in 1997 hit many investments in Southeast Asia and the project was stalled in 1998. These twin towers stood on the Yangon skyline for some years looking somewhat neglected,” Mr Mayhew said during his speech.

In 2005 work restarted at the newly renamed site at the government’s urging.

The project has 72,000 square metres of floorspace and includes a hotel, commercial offices and retail space. The commercial tower provides up to 15,500 square metres of A-class office space and 2500 square metres for retail.

The 300-room, international-standard hotel boasts facilities such as a banquet hall, coffee shop and two restaurants, one of which sits atop the building and offers commanding views of the city and river area, space for live entertainment and three bars.

Recognising the crucial role of communications, Centrepoint Towers is being fitted with a PABX phone network that will allow a minimum of 500 telephone lines. At the same time, fibre-optic internet cabling is also being installed.

http://www.mmtimes.com/2010/business/542/54209biz.html
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Old September 29th, 2010, 03:05 PM   #85
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It seems that Myanmar is opener than North Korea now. With more foreign investments, it will certainly develop faster than in the last decade.
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Old October 1st, 2010, 03:01 AM   #86
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Originally Posted by AsianDragons View Post
WTF Really,
BTW is that Cambodian writing on your profile


is cool writing
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Old October 8th, 2010, 02:32 PM   #87
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ITD to ink Bt400 bn deal with Burma on Dawei port

By The Nation Published on October 8, 2010


ItalianThai Development will sign an agreement with the Myanmar Port Authority and the Burmese government by end of this month for construction of a project on the Dawei deepsea port worth Bt400 billion.


Nijaporn Charanachitta, senior executive vice president of ITD, said yesterday that the framework concession agreement was expected to be inked before November 7, when Burma holds a general election.


The Dawei port will be developed as a special economic zone, with power plants, petrochemical and refinery plants, upstream steel plants, roads and infrastructure on 64,000 hectares.


ITD will seek investment partners because the project is the largest in the company's history, Nijaporn said.


Many investors in countries such as South Korea, China and India have shown interest.


ITD will start realising revenue from its backlog of Bt40 billion to Bt50 billion this year. It will also book income from selling its stake in Nam Theun 2 Power Co to Electricity Generating and EDF International for US$110 million (Bt3.3 billion).


ITD's performance this year should improve from last year, when it lost Bt1.77 billion on revenue of Bt41.45 billion, she said. ITD's stock gained 4.3 per cent to Bt4.82.

https://www.skyscrapercity.com/showth...458024&page=22
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Old October 13th, 2010, 11:02 AM   #88
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Over dozen railroads under construction in Myanmar

A total of 13 new railroads are being built in Myanmar in parallel, of which some completed sections have been opened for service, an official daily reported Sunday.

These railroads under implementation are those passing over mountain ranges and extending from the east to the west.

"Upon completion, the national railroad network, which will emerge the length of breadth of the country as the railroad corridor, will contribute to progress in socio-economic status of the national brethren," said the New Light of Myanmar.

In the past, the country had only one railroad stretching from Myitkyinain the north to Yangon and Ye in the south, Lashio in the east and Pyay in the west, while nowadays many railroads have emerged in the nation stretching from the north to the south and more railroads stretching from Sittway in the west to Kengtung in the east and from Myeik in the southernmost tip area have been built.

According to the paper, the government has so far extended 2, 400 kilometers (km) of railroads, bringing the total to 4,800 km.

The number of railway stations has also added by 406, bringing the total to 893, up from 487 in the past.

At present, over 73 million passengers and three million tons of commodities are rail-transported yearly, up from 36 million and more than one million tons respectively in the past, the report said.

The report added that the nation now gets 128,000-km-long motor roads, increasing by eight times from 16,000 km in the past, and the number of bridges has now risen to more than 21,000 from over 9,000.

Source: Xinhua

http://english.peopledaily.com.cn/90...1/7161343.html
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Old October 13th, 2010, 11:06 AM   #89
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Customers undecided on new shopping malls
By Juliet Shwe Gaung
October 11 - 17, 2010

SHOPPERS in Yangon are spoiled for choice when it comes to retail outlets. Last month the glitzy, attractive and enormous Junction Centre Maw Tin opened in Lanmadaw township, with Ruby Mart in Kyauktada township not far behind.

Looking further back and the past few years have seen a glut of new shopping malls open across Yangon, including Capital Hypermart (Thaketa), Junction Zawana (Thingangyun), Diamond City (Hlaing Tharyar), East Point (Pazundaung) and a whole catalogue more.

While the new centres offer a pleasant spectacle, a number of shoppers last week said that the shine soon wears off and they head back to their old spending grounds.

Office worker Ko Linn Linn Htut, 30, said he visited Junction Centre Maw Tin and found it overpriced.

“I found the prices for goods there were between K2000 and K15,000 more expensive than I’ve found elsewhere and I think that consumers shouldn’t be expected to pay more just to shop in a big mall,” he said.

Ko Linn Linn Htut said he normally shops Gamone Pwint outlets in Sanchaung and Mayangone townships.
Another shopper, 34-year-old businessman Ko Zaw Min Oo, said he visits Ocean Supercentre because it’s close to his home.

“I’m willing to have a look around and maybe buy a couple of things at the new malls, or get some shade and relax when the weather is too hot, but I’ll still do nearly all of my shopping at Ocean,” he said.

But there are a few shopping malls that Ko Zaw Min Oo says he will not be revisiting.

“I’m not going back again to Diamond City in Hlaing Tharyar township because there was just nothing special to buy there. And Capital Hypermart in Thaketa township is just too far away,” he said.

For 24-year-old Ma Nan Thein Thein Htike, who works as a private school coordinator in Singapore, new malls like Junction Centre Maw Tin remind her of Singapore.

“The standard of the new malls is at the same level as many in Singapore and the prices are comparable too. It’s good to see this kind of facility here,” she said, adding that including the cinemas included in the complex was a good idea.
“In Singapore nearly every shopping centre has cinemas.”

Ma Phyu, a 35-year-old businesswoman, said on her second visit to Junction Centre Maw Tin she’d watched a movie and would be going back again.

“I want to bring my children here to watch movies,” she said.

For retailers, the newly opened centres almost always prove a hit with shoppers to begin with.
Pretty Girl fashion shop has six branches across Yangon, including one at Junction Centre Maw Tin.

Owner Ma Poe Ei Phyu said sales there in the first month have outstripped those of the sister shop in the ever-popular Dagon Centre in Sanchaung township.

“Shopping centres are always popular when they first open and sales at the new Junction Centre Maw Tin outlet are 50 percent higher than at other leading branches such as Dagon Centre.

“But it’s just the start,” Ma Poe Ei Phyu cautioned, adding that she thinks the cinema at Junction Centre Maw Tin might be boosting the number of visitors.

But not everyone at the centre has enjoyed such strong sales.

Ma Kyi Kyi Khine owns and runs a shop in the food market in the centre’s basement. She said buyers seem far less interested in purchasing such day-to-day necessities, at least for now.

“There are so many grocery and food shops nearby that people don’t bother to come into the basement. I sold groceries in the old Maw Tin Market eight years ago and my daily sales then were one third higher than they are now,” she said.

Dr Maung Aung, a former senior researcher for the Union of Myanmar Federation of Chambers of Commerce and Industry, said the increase in the number of shopping centres in Yangon was a sign of urbanisation and was advantageous for consumers, retailers and the government. Dr Maung Aung said that for consumers the new outlets mean there is increased retail competition, equating to fairer pricing and better service.

He added that the government would also benefit as it was able to levy taxation.

“It’s easier to monitor the quality of the products in shopping centres compared to roadside shops [because they are all in the one location],” he said.

http://www.mmtimes.com/2010/business/544/54401biz.html
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Old October 19th, 2010, 09:50 AM   #90
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Longest bridge half finished: state media
By Kyaw Hsu Mon
October 18 - 24, 2010
AYEYARWADY Bridge (Pakokku), which will become the nation’s longest road bridge, is now more than 50 percent complete, the state media reported last week.

Located in Mandalay Region’s Nyaung Oo township, the bridge will connect the east and west banks of the Ayeyarwady River in Pakhokku township, the October 11 report said, and will feature both road and rail sections. The rail bridge will be 6179 metres (20,597 feet) long and the road section 4061m (13,537 feet).

No expected completion date was given in the report.

http://www.mmtimes.com/2010/news/545/54518news.html
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Old October 26th, 2010, 08:31 AM   #91
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New airline prepares for November launch
By Zaw Win Than
October 25 - 31, 2010
SPURRED by the prospect of rising tourist numbers after the November 7 election, a new private domestic airline with mystery investors is set to begin flights next month.

Asian Wings Airways will begin flying to a range of local destinations from mid-November, U Maung Maung Shwe Moe, the company’s general manager, said last week.

“The tourist season is just beginning, so it’s the right time to establish a new airline. We expect a good response from passengers,” he said. “For the moment, our airline is under development and we are awaiting permission to operate.”

The airline will use two ATR 72-500 aircraft that can accommodate about 70 passengers, and will fly regular scheduled flights to Nyaung Oo, Mandalay, Heho, Thandwe and Sittwe and less frequent flights to Tachileik, Lashio, Homalin, Myitkyina, as well as southern destinations such as Dawei, Kawthoung and Myeik.

“Arrival numbers have been increasing. Most tourists visiting Myanmar come via Bangkok, Singapore, Kuala Lumpur and Kunming,” he said.

U Maung Maung Shwe Moe denied reports that the new airline was connected to Htoo Trading, which owns Air Bagan, and Yangon-based ticketing agency Sun Far Travel.

However, he refused to say who was behind the new airline.

“I just would like to say that Asian Wings is a privately owned company established in the middle of this year. We are an independent company and we don’t have any affiliation with any of the other airlines or any travel company,” he said.

“As our airline is under development, we are not ready to give details about who our shareholders are. We will provide all the details about airline when we launch officially.”

He said, however, that the airline would get support from other domestic airlines. “We have put a proposal to Myanma Airways to hire their experienced pilots. We will also receive different support from other airlines,” he said.

Another new domestic airline, Air Kanbawza, owned by Kanbawza Bank, is also expected to start services before the end of the year, using five 100-seat Canadian-made MA-60 planes and ATR-72s. Myanmar has four main domestic passenger airlines: Air Mandalay, Yangon Airways, Air Bagan and state-run Myanma Airways.

http://www.mmtimes.com/2010/news/546/news54615.html
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Old October 28th, 2010, 11:36 AM   #92
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Myanmar airline to operate Yangon-Guangzhou flight service
Source: Xinhua [13:07 July 22 2010] Comments The Myanmar Airway International ( MAI) is planning to operate a new route between Yangon and Guangzhou by October this year in a bid to enhance the country's tourism industry, sources with the aviation authority said on Thursday.
For the purpose, the airline is going to add a new airplane -- Airbus A-320, the sources said.
The MAI will become another airline flying between the two destinations after China Southern Airlines.
MAI was once a joint venture set up by the state-run Myanmar Airways and a Singapore-based company in 1993 for sole international service flights covering three scheduled flight destinations -- Bangkok, Singapore and Kuala Lumpur.
In 2007, the Region Air of Hong Kong took over the stake from the Singapore's with 49 percent held by it, while the remainder 51 percent possessed by the state-run Myanmar Airways.
In May this year, a giant Myanmar private company group, Kanbawza, took over the MAI for continuous operation under the government's privatization plan.
The Kanbawza bought up 80 percent stake of the airline with the remainder continued to be held by the government.
MAI is currently operating regular flight services to four destinations -- Bangkok, Kuala Lumpur, Singapore and Gaya.

http://business.globaltimes.cn/indus...07/554889.html
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Old October 28th, 2010, 02:45 PM   #93
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The new flag of Myanmar is horrible
remember flag of a african country
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Old November 2nd, 2010, 08:53 AM   #94
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WATER WORRIES SURFACE AFTER CYCLONE GIRI
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YANGON, Nov 2 (NNN-IRIN) -- Aid workers are worried about possible water contamination after Cyclone Giri swamped the western coast of Myanmar on Oct 22, affecting an estimated 200,000 people.

"Ponds may be contaminated by salinated water - but this needs to be confirmed," Thierry Delbreuve, head of the UN Office for the Coordination of Humanitarian Affairs (OCHA) in Myanmar, who visited the affected area, told IRIN.

Throughout much of rural Myanmar, communal ponds are a main source of fresh water, but after a heavy weather system such as Giri there is a chance flooding and debris could render the water undrinkable.

However, according to Terence Kadoe, a water, sanitation and hygiene (WASH) officer for the UN Children's Fund (UNICEF) in Myanmar, most of the ponds along Giri's trail are in high land areas compared with the low-lying ponds contaminated by Cyclone Nargis which devastated Myanmar's Ayerwady Delta in 2008, leaving more than 140,000 dead and affecting two million.

According to the most recent OCHA situation report, water and sanitation needs arising from the destruction of water sources are among the most urgent, along with food and shelter.

"Good lessons have been learned from Cyclone Nargis ... as evidenced by the advance deployments, evacuations from high-risk areas and distribution of relief to affected villages," Bishow Parajuli, UN resident coordinator in Myanmar, said after Giri.

But aid officials are projecting that a need for expertise in water and sanitation could require international assistance.

"We have full confidence in the ability of our national staff," Delbreuve said. "But we are advocating for international staff to complement the experience of the national staff."

Delbreuve added that the government had been notified of donors' desires to send not only monetary, but also technical help.

Cyclone Giri Damage as of Oct 29: 45 people dead; 70,975 homeless; 15,000 houses were destroyed; 7,081 hectares of agricultural land destroyed; while 279 primary schools, 24 middle schools and 15 high schools damaged or destroyed.
http://namnewsnetwork.org/v2/read.php?id=138066
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Old November 14th, 2010, 01:01 AM   #95
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Myanmar's detained democracy leader Suu Kyi is free

Myanmar's military government freed its arch-rival — democracy leader Aung San Suu Kyi — on Saturday after her latest term of detention expired. Several thousand jubilant supporters streamed to her residence.
A smiling Suu Kyi appeared at the gate of her compound as the crowd chanted, cheered and sang the national anthem.

"I haven't seen you for a long time," the 65-year-old Nobel Peace Prize Laureate said to laughter, smiling deeply as she held the metal spikes that top the gate. When a supporter handed up a bouquet, she pulled out a flower and wove it into her hair.

Speaking briefly in Burmese, she told the crowd, which quickly swelled to as many as 5,000 people: "If we work in unity, we will achieve our goal."

"There is a time for quiet and a time for speaking," she also said, the U.K.'s Sky News reported.

http://www.msnbc.msn.com/id/40164855...s-asia-pacific
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Old December 8th, 2010, 02:09 PM   #96
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WikiLeaks: Myanmar leader wanted football league
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BANGKOK -- Myanmar established its own professional football league last year at the behest of its ruling general after his grandson suggested he buy England's Manchester United, according to a U.S. Embassy cable released Wednesday by WikiLeaks.

Several Myanmar businessmen speculated that the ruling junta wanted to establish the Myanmar National Football League to distract people from the country's political and economic problems, said the cable from the embassy in Yangon. Myanmar is one of the region's poorest countries and has been under military rule since 1962.

The June 2009 cable said local tycoons were pressured into funding the venture, but were also given incentives such as construction contracts, new gem mines and import permits.

It said a "well-connected source" reported that Senior Gen. Than Shwe's grandson wanted him to offer $1 billion for Manchester United, but that the junta chief "thought that sort of expenditure could look bad, so he opted to create for Burma a league of its own." The U.S. government uses Myanmar's old name, Burma.
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Myanmar officials could not immediately be reached Wednesday for comment.

The cable said another top junta official informed several local tycoons that Than Shwe had chosen them to be the owners of the new football teams, with responsibility for all costs, including the construction of expensive new stadiums.

A source, whose name was deleted from the cable, explained that "When the Senior General asks someone to do something, you do it with no complaints," but added that the incentives offered to several businessmen would more than offset their costs.

The cable said several of the embassy's contacts had commented that the new league "may be a way for the regime to distract the people from ongoing political and economic problems, or to divert their attention from criticism of the upcoming 2010 elections."

Myanmar held its first general elections in two decades on Nov. 7. Critics charged the polls were manipulated to ensure that a pro-military party won.
http://www.washingtonpost.com/wp-dyn...120801277.html
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Old December 11th, 2010, 02:40 PM   #97
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anyone here based in burma?
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Old December 14th, 2010, 10:49 AM   #98
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City construction on the increase
By Kyaw Hsu Mon
December 13 - 19, 2010
CONSTRUCTION across Yangon in 2011 is set to continue at a rapid rate with at least eight new high-rise residential projects on the drawing board as well as several smaller scale developments to be completed next year.

U Kyaw Ye Min, Naing Group construction’s marketing manager, told The Myanmar Times last week that his firm was concentrating on the downtown city area and focusing on older buildings which pose a safety risk to it’s inhabitants.

“Our target market is prime locations, especially downtown. The Yangon City Development Committee (YCDC) has declared several old building to be unsafe so we are working with the owners to rebuild their properties,” U Kyaw Ye Min said.

Downtown Yangon is considered prime location for property developers and investors due to it’s proximity to commercial areas and high property value. Locations such as Latha, Lanmadaw, Pabetan, Kyauktada, Pazundaung, Botahtaung and Dagon, Bahan, Kamaryut and Sanchaung townships are some of the most popular spots for developers.

Naing Group has almost 20 projects underway including eight high-rise properties. Eight of the projects are scheduled for completion next year. All of the properties are condominium style, up-market residential apartments.

U Soe Min Naing, manager of Shine construction, said last week that his company also had several large properties on track for completion next year.

“We will complete five high rise projects in Kyauktada, Mingalar Taungnyunt, Mayangone and Kamaryut townships in the next twelve months. Shine has 30 ongoing projects with more new projects being readied for 2012,” U Soe Min Naing said.

On a larger scale, Yadana Shwehtun construction company will finish 12 new property’s next year mostly in the downtown area in place of old and damaged colonial buildings.

“We have created instalment purchase plans for our properties and in general buyers can expect to have their new homes ready in about 10-14months after construction starts, depending on the number of stories,” Yadana Shwehtun’s managing director, U Lazrus said.

All company’s mentioned offer instalment payment plans and prices range from K20-300million.

http://www.mmtimes.com/2010/business/553/biz55307.html
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Old December 20th, 2010, 09:00 PM   #99
mibome
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Mandalay is dramatically changing its modest and traditional skyline towards the modern due to two huge and massive building that is currently being built.

For those interested I posted a photographic presentation of the new Mandalay in the Skyline rating thread (SkyscraperCity > World Forums > Rate Our Talls > Rate Our Skylines > Mandalay - Myanmar)

Here is the direct link: https://www.skyscrapercity.com/showpo...1&postcount=53

Last edited by mibome; January 4th, 2011 at 08:01 AM.
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Old January 4th, 2011, 08:02 AM   #100
mibome
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From the "Southeast Asia - Skylines & Cityscapes" thread:

Quote:
Originally Posted by mibome View Post
During the next couple of days I will bring several psots with photos of Myanmar, one of the most beautiful countries yet less travelled and less known countries in SE Asia.
I will split the photos into several posts, one post for each destination.

Today I will bring two topics:

- Modern Yangon
- Historic Yangon


Over the course of the next few days I will put together some more topics which are:

- Bagan
- Mandalay
- Mingun
- U-Bein Bridge
- Pindaya
- Lake Inle
- Kyaiktiyo (Golden Rock) and Bago

I hope thes pictures will be interesting for you.

The sources and further descriptions are to be found here (mimephotobucket on www.photobucket.com):
Myanmar Photos 1
Myanmar Photos 2
Myanmar Photos 3
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