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Newsletter | October 2017

News |
Insights
Office Exhibition |
Upcoming Events

Myanmar Newsletter

Dear reader,

Welcome to the October edition of our Myanmar Newsletter!

Please browse through our selection of news on Myanmar – it provides a good overview on the major topics and headlines about Myanmar.
The month of October was quite eventful. We celebrated the Oktoberfest Yangon 2017 - for myself it was the first time and I admit that enjoyed the Bavarian Vibrations immensely - certainly an event which I will not miss next year. 
The AHK organized the 1st Myanmar-German Renewable Energies Symposium and it was a big success with more than 100 guest, great panelist and speakers.  You can find all presentations on our website – www.myanmar.ahk.de -  for download.

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

  • Yangon water taxi started on October 7. AHK-employees were among the first to passengers to try Yangon's new way of public transportation (see our facebook post for photos). The first route goes from Botahtaung to Insein with 6 stations along the river. Tint Tint Myanmar won the tender in 2016 and plans to open all three routes within this year. The water taxis are imported from Thailand and Australia.
Linkicon  More information

  • EU urges Myanmar to end the conflict in Rakhine state. “The Council may consider additional measures if the situation does not improve, but also stands ready to respond accordingly to positive developments”, a EU statement says. The EU already suspended invitations to senior military officials including the Commander-in-Chief of Myanmar armed forces.
Linkicon  More information

  • New tourism bill under consideration. The new law, which is expected to become effective in about six months, shall ensure that only guides and operators with a valid license offer services to tourists and that unlicensed guides and operators may face more severe punishments. Services regulated under the new bill include e.g. guided tours, accommodation and transportation. The new law will replace Myanmar's old tourism law from 1992.
Linkicon  More information


Investment and business news

  • Cotton demand expected to rise as textile plants reopen. In previous years, the government textile fabrics mostly stopped production which reduced cotton demand. Furthermore, there was a drop in cotton production to 20,000 metric tons last year due to heavy monsoon. Provided that the weather is better, cotton production could reach 49,000 metric tons this year. But there is already a lack of supply as traders sold out all their stock. Myanmar's cotton production takes place from July to March.
    Linkicon  More information
  • Ministry imports 4,000 tons of LPG. In an effort to diversify Yangon's power sources, the government is dispersing LPG to 150,000 house­holds starting in Decem­ber 2017.
    Parami Energy Group of Companies was awarded the tender for distribution and import of 4,000 tons of LPG with annual pay­ments of MMK 6.45 billion.
    Linkicon  More information
  • ASEAN's largest packaging firm to start Thilawa operations next year. Kian Joo Group, the largest packaging business in ASEAN, is investing in a packaging plant in Thilawa Special Economic Zone. The plant will be completed by the first quarter of 2018. The company is already active in Myanmar, having invested $23.5 million in two factories so far.
    Linkicon  More information

Insights

1st Myanmar-German Renewable Energies Symposium

On 23 October 2017, the Delegation of German Industry and Commerce in Myanmar jointly with Energy Solutions Initiative by the German Federal Ministry for Economic Affairs and Energy, and with support from the German Development Cooperation, proudly hosted the 1st Myanmar-German Renewable Energies Symposium at Rose Garden Hotel, Yangon.

The Symposium was dedicated to Opportunities and Challenges in the solar power industry in Myanmar. The symposium was attended by 100+ decision makers from the private and public energy sector in Myanmar and Germany.

We received a large amount of positive feedback on the symposium and would like to express our sincere thanks to all participants, speakers, moderators and panelists who contributed to fruitful and exciting discussions! The Myanmar Times covered the conference with an article, including some interesting aspects about financing renewables and the regulatory framework.

Please find more information as well as related documents, presentations and photos on our website.
confernece_group_photo


Office exhibition

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


General Information

AHK Annual Report 2016

The Association of German Chambers of Commerce and Industry published it's first annual report (in German language). This report summarizes the 2016 activities of the worldwide network of German Chambers of Commerce, Delegations and Representatives of German business.

Linkicon  AHK Annual Report 2016

 Green Energy Solutions

The Delegation of German Industry and Commerce in Myanmar recently published a Factsheet on Photovoltaics and Aquaculture (in German language). Especially with their cold storages and aerators, aquaculture producers need a lot of electricity. Furthermore, these farms are often located in remote, off-grid areas, which makes photovoltaics very attractive for energy production.
The factsheet is available for download on our website.

Key figures for Myanmar


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

Linkicon  Project Calendar ASEAN 2017/18

Upcoming Events

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
IHK-Netzwerk Myanmar: 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