Saturday, June 25, 2011

Migrants killed in Thai road accident

Published: 24 June 2011
Four Burmese migrant workers and a Thai national were killed and nine injured in southern Thailand yesterday when a van they were travelling in collided with a 10-wheel truck.
The accident took place in Prachuap Khiri Khan province as the overloaded van carrying 13 passengers made its way from Ranong, on the border with Burma, to Ban Saphan town.
An official at Bang Saphan hospital told DVB that four Burmese and the driver, a Thai national, were killed while nine were sent to the hospital with injuries, a number of which have since left.


Thursday, June 23, 2011

New Tax Law to Increase Burden on Private Sector

By KO HTWE Friday, June 17, 2011
Changes in Burma's tax laws will add to the burden on private-sector companies and their employees while sparing state-run and military-owned corporations, creating conditions that will increase the risk of future economic problems, according to experts and private entrepreneurs.
The changes, which come into effect next month, are part of an overhaul of tax policy designed to put it in line with Burma's 2008 Constitution, which abolished the Profit Tax Law that previously applied to private-sector companies.
Under the new rules, private companies and their employees who earn more than 30,001 kyat (US $38) annually will now have to pay the same income taxes as public companies. In practice, however, few state- or military-owned companies actually pay these taxes.

Seafood Processing Plants Shut Down, as Low Dollar Takes its Toll

Wednesday, June 22, 2011
RANGOON—Around 20 marine-product processing plants in Burma have temporarily suspended their operations, as the US dollar's decline against the kyat begins to eat into the value of overseas earnings, according to industry sources.
Since early June, the dollar has fallen below 800 kyat for the first time in many years, reaching just 785 kyat on the foreign exchange market at one point on Wednesday. The dollar's drop has hurt exporters, with many companies saying that they are barely breaking even, or in many cases actually losing money.
The appreciation of the Burmese currency against the dollar has been especially hard on the marine export business, according to Win Kyaing, the secretary of the Myanmar Fisheries Federation (MFF), an umbrella body of private-sector fishery associations in Burma.

Saturday, June 18, 2011

Prisoners from Insein Prison are taken to unknown location

Chiang Mai (Mizzima) – More than 150 prisoners in Insein Prison in Rangoon were transported to an unknown location by authorities on Thursday. Some observers said the government might be planning to use the prisoners as porters in its offensive against the Kachin Independence Army (KIA) in Kachin State.

Friday, June 17, 2011

More disputes arise over land confiscation

16 June 2011 12:26
New Delhi (Mizzima) – Another dispute has arisen regarding the confiscation of about 800 acres of farmland in Mingalardon Township in Rangoon, which was confiscated by a company owned by an MP who paid the farmers compensation.
Last year, the Zaykabar (Zaygabar) Company, owned by Khin Shwe, a Lower House MP of the ruling Union Solidarity and Development Party (USDP), seized the farmland from a total of 71 farmers in Shwenanttha and Paungku villages in Pearl Myothit in Mingalardon Township, and paid the farmers 600,000 kyat per acre. 

Kachin fighting forces farmers to abandon their farms; refugees flee

16 June 2011 15:47 

Chiang Mai (Mizzima) – Following seven-days of fierce fighting between Burmese government troops and the Kachin Independence Army (KIA), local farmers and refugees are fleeing the area. Many are crossing into China. After seven days of fighting, refugees flee the Kachin State war zone. Many refugees, with estimates as high as 15,000 people, have fled to China. Farmers from areas around Moemauk, Waimaw, Dawphoneyan, Manshi, Laiza and Myitkyina have stopped their normal work on preparing their fields prior to the planting season. The former treasurer of the New Democratic Army-Kachin (NDA-K), Muyin Daung Khaung, who lives in Myitkyina, told Mizzima that he saw about 70 farmers leaving the area with their belongings.