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Australian Investment 1998-2000



If anyone has an uptodate list of australian company investment in Burma
since 1998 through to today, it would be appropriate to post it. thank
you, ds
> 
> MyaBuzz
> Business news from Myanmar (24 September 1999)
> 
> C O N T E N T S
> 0924-01 Interest Rates Cut
> 0924-02 Regional Seminar On Economic Cooperation
> 0924-03 Myanmar-Belarus Diplomatic Ties
> 0924-04 Season Of Exhibits In Yangon
> 0924-05 Local Co. Forks Over US$ 300,000 for Community Dev't
> 0924-06 German Industrialist Ass'n Holds Workshop
> 0924-07 Myanmar Statistics
> ==============================================
> Advertisement: Hard and Soft Wood Available for Export from Myanmar.
> Interested parties especially in the whole logs export, kindly e-mail to
> Mr. Chew at mmigroup@xxxxxxxxxxxxxxx
> ==============================================
> 0924-01 Interest Rates Cut
> **Myanmar Industrial Development Bank is cutting its interest rate by 2% on
> loans starting from 1st October this year.
> 
> The current interest rate is 17% on long and intermediate term loans. The
> interest rate cut is particularly welcoming for the industrialists.
> 
> 0924-02 Regional Seminar On Economic Cooperation
> **Thai Foreign Ministry and two Thai universities, Thammasat and
> Chulalongkorn are sponsoring a 2 days seminar on economic cooperation and
> future task for member nations of the BIMST-EC. The seminar will start in
> the Thai capital Bangkok on 23rd September. Myanmar has sent an Information
> Ministry Official to attend the seminar.
> 
> The BIMST-EC group is formed by Bangladesh, India, Myanmar, Sri Lanka and
> Thailand.
> 
> Myanmar is also posed to join the proposed economic growth zone together
> with the
> Bangladesh, India, Myanmar, Nepal and Bhutan. Main concept of the
> establishing growth zone is for greater cross-border cooperation amongst
> the countries in the zone.
> 
> 0924-03 Myanmar-Belarus Diplomatic Ties
> **Myanmar and the former Soviet Republic of Belarus established diplomatic
> relations at Ambassadorial level from 22nd September, a press communiqué by
> the Myanmar's Foreign Ministry states.
> 
> Belarus is a traditionally industrial state; its main exports are
> industrial goods, foodstuffs and chemicals. It imports mainly fuel, natural
> gas, industrial raw materials and textiles. Myanmar imports mainly
> machineries from abroad and its chief exports are teak, pulses, marine
> products and textiles.
> 
> Earlier this month Myanmar and another European country Croatia established
> diplomatic ties. Also recently Myanmar and three other former Soviet
> republics Azerbaijan, Turkmenistan and Georgia started diplomatic relations
> at the Ambassadorial level.
> 
> 0924-04 Season Of Exhibits In Yangon
> **After receiving encouraging signals from the earlier trade fairs,
> organizers are arranging for a range of trade exhibitions in Yangon.
> 
> The exhibition organizer, Quartz International Company Limited is arranging
> for Fashion Wear, Design & Consumer Products Fair '99 in Yangon on November
> 4 to 7,1999. The exhibition will display the range of design wear and
> consumer products in 123 booths. Companies from Japan, Singapore, Taiwan,
> China and India are expected to participate in the event.
> 
> This September, Yangon staged two International trade fairs: International
> Cosmetic & Consumer Products Expo'99 and International Exhibition
> Yangon'99.  Both fairs were deemed highly successful based on the high
> attendance it gathered.
> 
> 0924-05 Local Co. Forks Over US$ 300,000 for Community Dev't
> **International Fisheries (Taninthayi) Limited, participated in road
> pavement works in the southern coastal province of Taninthayi. On 20th
> September, the company inaugurated 12 bridges on the highway linking
> Launglon to Kyauknimaw in the Taninthayi province. For the construction of
> bridges the company spent over 10 million Kyats (US$ 312,500).
> 
> The Launglon - Kyauknimaw Highway will be the part of the national highway
> linking Yangon and the southern most town of Kawthaung. Kawthaung is
> Myanmar's southern border town to southern Thailand.
> 
> 0924-06 German Industrialist Ass'n Holds Workshop
> **A 3 days planning workshop on the business information and database
> management system was started in Yangon on 22nd September. The workshop is
> jointly sponsored by Myanmar's Chamber of Commerce and Singapore based
> German Small Industrialists Association.
> 
> 0924-07 Myanmar Statistics
> **Every Friday Myabuzz will feature figures related to investment & trade.
> >From time to time, Myabuzz will also include general Myanmar statistics
> that will aid the investor in his decision-making duties:
> 
> 1. Over 1,200 megawatts of electricity will be generated from the four
> power plants in (1) Shweli northern Shan province bordering China; (2) Mon
> province at the south and (3) Bago and (4) Mandalay provinces at the
> central part of the country.
> 
> 2. Forest Products Joint Venture Corporation Ltd is selling over 3,700 tons
> of teak logs through sealed bidding.   Myanmar teak is internationally
> popular for its quality. There are about 1.5 million acres of teak forest
> in Myanmar.  Teak products are equally popular among local buyers.
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