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Burma Business Weekly – 15 Feb 2014
BUSINESS in BURMA THIS WEEK - Germany forgives 740m Burmese debt; shares for Thilawa SEZ to go on sale; offshore oil and gas bidders await anxiously; and Burma struggles to compete with neighbours in rice market.
Ministry may cut deal for woodworkers
Sculptors who work with wood may soon have easier access to raw material. The government’s Myanmar Timber Enterprise (MTE) is planning to start a tender bidding system to conveniently sell wood to sculptors, as there is currently no direct channel for business with artists.
Timber merchants, China must cooperate if export ban is to succeed
Burma’s Ministry of Environmental Conservation and Forestry announced six months ago that a ban on the export of raw timber will go into effect on 1 April 2014. The Myanmar Timber Merchants Association has requested that foreign timber merchants cooperate with the government to stop illegal exports.
Govt could reconsider Myitsone dam
Govt to hand decision regarding the Myitsone project to new Environment Ministry, offering hope of a rethink on the controversial dam
