Saturday, May 19, 2012

US firms eye Myanmar as sanctions suspended


18-May-12
The suspension of US sanctions barring investment in Myanmar in 
response to political reforms in the poor southeast Asian state gives 
a green light to US firms queuing to scout for business in one of 
the last frontier markets.

Burma Army still using torture and forced labor says report


18-May-12
The Burma Army is accused of ongoing human rights violations 
–including the use of violent torture- according to a report 
by a grassroots humanitarian organization, 
the Karen Human Rights Group.

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80 Burmese workers rescued from shrimp factory


18-May-12
The Burmese Association of Thailand along with Thai authorities 
rescued 80 Burmese migrant workers that were being illegally held 
by their employer at the San Tit shrimp factory in Maha Chai 
near Bangkok.
 

Tuesday, May 15, 2012

Tens of thousands of acres demarcated for Dawei Special Economic Zone in Thanintharyi Region

As per the Myanmar Special Economic Zone Law and Dawei
Special Economic Zone Law the Republic of Union of Myanmar
Government has made an announcement of about 50,535.0233
acres (204.5088212 square kilometer) of land are demarcated
for Dawei Special Economic Zone in Daweil District of
Thanintharyi Region.

more 

Low wages spark labor strikes in Myanmar

With lowest wages in the region, workers in factories 
established with foreign investment in Myanmar go on strike 
due to extremely low wages in 2012.
On 6 February, 1,863 workers from Taiyi Shoe Factory owned 
by an entrepreneur from Taiwan came out on strike in protest 
of the wage cut for Chinese New Year holidays, and demanded 
a wage hike and other benefits.

Thai Official Doubts DKBA Drug Allegations


14 May 2012
Col Therdsak Ngam-sanong, a spokesperson for Thailand’s Third Army, 
told The Bangkok Post on the weekend that his force has no information 
about Democratic Karen Buddhist Army (DKBA) leader Maj-Gen Saw Lah Pwe’s 
alleged involvement in the drug trade.

Myanmar opens for business, India Inc treads cautiously


15-May-12
Myanmar is open for business, but not everyone is ready to dive 
in just yet.Foreign direct investment (FDI) into the country — 
one that is rich in resources but remains deeply impoverished — 
has grown over 100 times in the past few years. In 2010-11 alone, 
it soared to $20 billion from a much smaller $300 million