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Newsletter | September, 2017

News |
Insights
Office Exhibition |
Upcoming Events

Myanmar Newsletter

Dear reader,

Welcome to the September edition of our Myanmar Newsletter!

We again collected the most interesting news on Myanmar. We hope you find our selection helpful.

The Oktoberfest Yangon 2017 is coming up and we look forward to celebrating with you on October 20 and 21 at Rose Garden Hotel. If you have no tickets yet, kindly contact the Oktoberfest Committee by clicking the respective logo at the end of this newsletter.

We are also in full swing of organizing a Business Trip for German companies on the topic of photovoltaics and in the final stages of organizing the 1st Myanmar-German Renewable Energies Symposium in Yangon on October 23. 

Furthermore, we are excited to present you parts of our work in the Insights section this month. 


If you wish to receive more frequent information, please like us on facebook or visit our website!


Yours truly,


Martin Klose,
Delegate of German Industry and Commerce in Myanmar


News

Political, economic and legal news

  • Myanmar's first credit bureau to receive license soon Myanmar's first-ever credit bureau is expected to launch shortly as it finishes receiving licences and trainings from the Myanmar Central Bank.
    Linkicon  More information
  • Myanmar to increase daily minimum wage in 2018 Every two years, the Ministry of Labor, Immigration and Population submits an updated daily minimum wage to the Union government for approval. This has to be done until January 2018.The Federation of Trade Unions Myanmar is currently lobbying for a 60 per cent increase from now $2.5 to $4.
    Linkicon  More information
  • Relocating the electrical grid in Yangon The commercial capital's electrical grid will move underground over the next years. Currently there is a confusing jungle of aboveground electric wires which raises reliability and security concerns.
    Linkicon  More information

Investment and business news

  • Myanmar Railway gets modern container technology Myanma Railway has introduced a freight train service on the Yangon-Mandalay line, capable of carrying modern shipping containers.
    Linkicon  More information
  • Agricultural machinery imports to be granted tax exemption Importing agricultural machinery gets easier: from October onwards, the Myanmar Customs Department abolishes import taxes for farm machinery (not including spare parts).
    Linkicon  More information
  • Myanmar tea growers aim for premium German export market Good news for tea lovers in Germany: while Myanmar green tea is already available at selected German stores (e.g. Tee Gschwendner), the amount of Myanmar tea leaves exported to Germany is still comparatively low. In response to German demand for machine processed dried tea leaves, Myanmar is currently building up its capacities.
    Linkicon  More information

Insights

Today, we would like to present some of our own work to you. In a quest to relocate some of its production to Myanmar, Bavaria-based Heinrich Sieber & Co. GmbH & Co. KG contacted the Delegation of German Industry and Commerce in Myanmar for sourcing support for palm leave baskets. While Myanmar has an abundance of palm trees and basket weavers, it turned out to be rather challenging to find basket weavers that would work with palm leave.

Eventually, we found a great project partner with Eric Trutwein (who you may remember from an earlier newsletter). With his extraordinary community building talent, he managed to convince a Dry Zone village to give this new product for the German market a try. His own research and research conducted by the Delegation led to first prototypes in May 2017. From there, the weavers quickly managed to develop the prototypes into quality products, and in July 2017 we were able to send a sample basket to Heinrich Sieber & Co. GmbH & Co. KG. Convinced by design and quality of the ‘made in Myanmar’ baskets, Heinrich Sieber & Co. GmbH & Co. KG placed its first order of 500 baskets for the summer 2018 season in September 2017.

We greatly enjoyed this project not only because we successfully matched German and Myanmar business interests but also because this project supports income diversification and increased income in rural Myanmar where most people currently rely on seasonal agricultural labor. We hope to be able to support more of such great frontrunner projects in the future!

Palm leave bags


Office exhibition

Bart Was Not Here
Linkicon  Current exhibition: Bart Was Not Here


General Information

Green Energy Solutions

Our Sector Study PV Solar Myanmar (in German language) got recently revised.


Linkicon  Revised version

Key figures for Myanmar

Myanmar Responsible Tourism Award looking for sponsors

The Myanmar Responsible Tourism Institute (MRTI) is a local NGO focussing on the implementation of sustainable tourism in Myanmar and has as such recently launched the Myanmar Responsible Tourism Award (MRTA).
The winners of six different categories (e.g. accommodation, tour operator, training, communication) will be presented at two prestigious events in November and December 2017 in Yangon. MRTI is still looking for sponsors in different categories to a) support the Award Ceremony and b) being able to continue with this initiative in 2018.

Linkicon  More details on sponsorship categories

German-ASEAN Business Council
Project Calendar for the ASEAN region 2017/18   
(in German language)

Linkicon  Project Calendar ASEAN 2017/18

Upcoming Events

23.-27.10.2017 | Yangon, Myanmar
Business trip (for German companies) "Photovoltaik in Myanmar: Geschäftspotenziale für Early Birds"
20.-21.10.2017 | Yangon, Myanmar
Oktoberfest Yangon
03.11.2017 | Perth, Australia
Asia Pacific Regional Conference
21.11.2017 | IHK Stuttgart, Germany
Internationaler Beratungstag
22.11.2017 | IHK Reutlingen (Hotel Fortuna, Betzingen), Germany
Myanmar-Netzwerk: Auftaktveranstaltung
23.11.2017 | IHK München, Germany
Exporttag Bayern 2017
23.11.2017 | Sedona Hotel Yangon, Myanmar
Asia IoT Business Platform Myanmar

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AHK Myanmar
Martin Klose
Uniteam Building, 6 floor, 84 Pan Hlaing Street Sanchaung TS
11111 Yangon
Myanmar

+95 9 4506 293 64
martin.klose@myanmar.ahk.de