What's new

Myanmar Defence Forum

Chinese navy ships arrive in Myanmar for strengthening of military tiesf
http://www.gmanetwork.com/news/stor...in-myanmar-for-strengthening-of-military-ties
image.jpeg


image.jpeg

image.jpeg
 
More news on the same topic.
========
Chinese naval fleet call at Myanmar port to enhance strategic cooperative partnership
2016-10-01 10:38 | Xinhua | Editor: Li Yan

U542P886T1D228858F12DT20161001103801.jpg


A Chinese naval fleet comprising Xiangtan and Zhoushan of the 23rd Escort Task Group called at the Myanmar International Terminals Thilawa (MITT) in Yangon's Thanlyin township Friday, following the completion of its escort mission in the Gulf of Aden.

The Chinese People's Liberation Army (PLA) Navy fleet's five-day visit to Myanmar aims to implement the important consensus reached by military leaders of both sides, that is to strengthen strategic communication, promote practical cooperation and enrich the China-Myanmar comprehensive strategic cooperative partnership.

The call also aims to enhance exchange and cooperation and increase mutual understanding and traditional friendly ties between navies of the two countries.

Welcoming the Chinese naval fleet at the Thilawa port terminal were Chinese Ambassador Hong Liang and Chief of Myanmar naval dockyard headquarters Admiral Myint Oo as well as other naval officials.

Ambassador Hong Liang said at the deck reception that the PLA naval fleet's Myanmar visit will promote understanding of Myanmar people on China and enhance the comprehensive strategic cooperative partnership between the two countries and deepen military cooperation between the two armed forces.

He added that during the four months' voyage of escorting Chinese and foreign vessels, the PLA navy fleet also protected those transporting humanitarian food aid, showing the PLA navy's contribution to a harmonious world and a harmonious ocean and playing a positive role in safeguarding world peace and stability.

During its call in Myanmar, commander of the Chinese navy fleet will meet Myanmar military leaders.

Besides carrying out cultural exchange and interaction with the Myanmar side such as visits, tours, football games with their counterparts, the Chinese naval vessels will be open to the public for show .

The Chinese naval fleet's call at Myanmar port, which represent another voyage after a training flotilla's visit in May 2014, will be significantly important to the exchange of the two navies.
 
It looks more like TMP. Anyway it is a nice thing for MPF to be equipped with those cool stuffs instead of those ww2 webley revolvers.
yes.. But don't u think it's too small..? At the back , they called 9mm micro SMG.. Don't know it can be used as side arm or not..!!
image.jpeg


Jammers
image.jpeg


Tavor-21 for BGF is arrived..!!
image.jpeg
 
This is good news for Myanmar.

========
AIIB approves loan for Myingyan power project
30 Sep 2016

THE CHINA-backed Asian Infrastructure Investment Bank has approved a US$20 million loan to develop a gas power plant project in central Myanmar.

According to a release on September 29 by the Beijing-based lender, the loan will be used to fund a 225 MW Combined Cycle Gas Turbine Power Plant in Myingyan, Mandalay Region. The project will be the largest gas-fired independent power plant in Myanmar and will “help to ease the country’s severe power deficit.” It is being co-financed with other multilateral development and commercial banks, the release said.

The announcement came at the same time that AIIB said it will also supply a $300 million loan for a hydropower project in Pakistan, in collaboration with the World Bank.

“The two projects, both in the energy sector, will help to ease the severe power deficit in both countries and contribute to the core mandate of AIIB to support green and cost effective infrastructure,” said AIIB President Mr Jin Liqun.

Founded in January this year, Liqun said that the loans will help the lender reach its target of issuing $1.2 billion in loans during its first year of operation. Since its foundation, it has approved more than $500 million in loans for projects in Bangladesh, Indonesia, Pakistan and Tajikistan. A third batch of loans is expected to be announced before the end of the year.

Initiated by the Chinese government in collaboration with 56 other member states, other major backers include India, Russia and Germany. Notable absentees from the fund include the United States and Japan, the former who has expressed concerns that the fund would have high standards of governance as well as environmental and social safeguards.

On September 20, the government approved $185.5 million worth of loans from the Asian Development Bank, to fund projects in the areas of health, sports, education, livestock and irrigation.
 
This is good news for Myanmar.

========
AIIB approves loan for Myingyan power project
30 Sep 2016

THE CHINA-backed Asian Infrastructure Investment Bank has approved a US$20 million loan to develop a gas power plant project in central Myanmar.

According to a release on September 29 by the Beijing-based lender, the loan will be used to fund a 225 MW Combined Cycle Gas Turbine Power Plant in Myingyan, Mandalay Region. The project will be the largest gas-fired independent power plant in Myanmar and will “help to ease the country’s severe power deficit.” It is being co-financed with other multilateral development and commercial banks, the release said.

The announcement came at the same time that AIIB said it will also supply a $300 million loan for a hydropower project in Pakistan, in collaboration with the World Bank.

“The two projects, both in the energy sector, will help to ease the severe power deficit in both countries and contribute to the core mandate of AIIB to support green and cost effective infrastructure,” said AIIB President Mr Jin Liqun.

Founded in January this year, Liqun said that the loans will help the lender reach its target of issuing $1.2 billion in loans during its first year of operation. Since its foundation, it has approved more than $500 million in loans for projects in Bangladesh, Indonesia, Pakistan and Tajikistan. A third batch of loans is expected to be announced before the end of the year.

Initiated by the Chinese government in collaboration with 56 other member states, other major backers include India, Russia and Germany. Notable absentees from the fund include the United States and Japan, the former who has expressed concerns that the fund would have high standards of governance as well as environmental and social safeguards.

On September 20, the government approved $185.5 million worth of loans from the Asian Development Bank, to fund projects in the areas of health, sports, education, livestock and irrigation.
====================================================================================
that's great new..!! :D
 
Senior US military official set for Myanmar visit
Anthony-G-Crutchfield.jpg

Deputy Commander, U.S. Pacific Command Anthony G. Crutchfield. Photo: pacom.mil

Lieutenant General Anthony G. Crutchfield, Deputy Commander of the U.S. Pacific Command, will visit Myanmar to meet with senior Myanmar government officials, ethnic leaders, and local Myanmar youth from October 3 to 5.

His visit is an opportunity for a senior U.S. military official to engage with a variety of Myanmar officials and share his perspective on the American civilian-military relationship, according to a press release.

The United States has done a lot to engage with Myanmar over the last five years as the country has opened up, with visit by US President Barack Obama and then Secretary of State Hillary Clinton, part of Obama's so called "Pivot to Asia."

Washington has been supportive of Myanmar's ongoing transition to democracy, recently hosting Myanmar State Counselor Aung San Suu Kyi for an official visit and announcing it will soon drop the main economic sanctions on the country due to the progress that has been made.
=====================================================================================
New airline routes begin to crowd Myanmar's sky
http://asia.nikkei.com/Business/Trends/New-airline-routes-begin-to-crowd-Myanmar-s-sky
=====================================================================================
Myanmar: Asia’s Next Rising Star
Saturday, 1 October 2016 17:48
fbaaa9f219412007454a31cf1052df7f_w500_h300_cp.jpg

With a new economic plan to build critical infrastructure, the pace of urbanisation in Myanmar is expected to grow at a faster rate in the coming years, writes Jovi Seet, Partner at PwC Myanmar, and highlights some projects in the pipeline.

8105b0a7a97f023e6cb4b3c000aa9a46_w132.jpg
By Jovi Seet, Partner, PwC Myanmar


Myanmar is one of the remaining frontier markets which is expected to become Asia’s next rising star. Over the past five years, the government has established the necessary fundamental building blocks to tap into the country’s true potential and multiple changes in regulations are already being undertaken.

Prior to the elections in November 2015, the economy was already projected to grow at a rate of 7 to 8 percent annually and broad market sentiment is hoping that this can further improve with the National League for Democracy (NLD) winning the elections and about to come to power.

Fast-Growing Nation

The demographic profile of the country is a strong enabler for this economic expansion – more than half of Myanmar’s 51 million population is under the age of 27; and within this group, a significant proportion is in the 5 to 14 age range, signalling a potential ‘demographic dividend’ for the nation.

However, for this fast-growing nation to reap the benefits in the next 10 to 15 years, future investments have to be targeted and work opportunities have to be created for young people when they enter the working age.

Highly Educated Workforce

In the medium term, investing in a highly educated workforce as well as creating equal job opportunities for all should be at the forefront of Myanmar’s ongoing social and economic transition.

More immediately, traction is expected to be seen in the infrastructure sector across multiple focus segments. With a new economic plan to build critical infrastructure, the pace of urbanisation is expected to grow at a faster rate in the coming years. Some major projects in the pipeline are highlighted below:

  • A Word Bank-aided power supply project is expected to start next year (providing electricity to 125,000 households)
  • Marubeni plans to build a 1,800 to2,000 megawatt coal-fired power plant in Myanmar in a joint venture with Thai utilities, for a total investment of around US$3 billion
  • The state-owned Myanmar Railway is to become a public company to attract local and overseas investment
  • The inland port of Mandalay will be handled by Kerry Logistics Network and a local company, Resources Group of Logistics
  • Axiata’s edotco has drawn up a $200 million telecom tower infrastructure investment plan in Myanmar
  • Myanmar recently awarded the contract for Kyaukphyu SEZ, a 1,600 hectare (4,000 acres) Special Economic Zone (SEZ). This SEZ which is currently being developed will house an industrial park, a deep-sea port and a housing project.
Key Economic Reforms

In November 2015’s watershed general election, the National League for Democracy (NLD) won 80 percent of seats in the new parliament. NLD’s current focus is to create a conducive environment in order to achieve Myanmar’s economic ambitions.

Key highlights of NLD’s Economic Plan are fiscal prudence, monetary and fiscal stability, a lean and efficient government, functioning infrastructure, and revitalising agriculture. These in turn are expected to translate into positive macroeconomic trends in the next five years.

Major Macroeconomic Trends



Over the next five years, the macroeconomic environment in the country is set to significantly improve and the overall outlook for Myanmar is quite positive. However, there exist some risks which need to be addressed for the country to achieve its true potential.

The starting point here is a smooth and complete transition to the new government – which seems to be well on track. Thereafter, a holistic focus on driving inclusive growth and prosperity is needed.
 
Myanmar struggling to meet bean shipping target to India
By Chan Mya Htwe | Tuesday, 04 October 2016
Tweet strong demand from India, local farmers are having to scrape together every last bean they can find for export.

Myanmar, the world’s second-largest bean producer after Canada, has been struggling to meet an export order now edging toward a million tonnes of beans since its giant, and hungry, neighbour to the west said it wanted to import a total of 900,000 tonnes.

U Khin Maung Lwin, assistant secretary for the Ministry of Commerce, said discussions were proceeding with India, which wanted to amend an existing memorandum of understanding to increase its imports. While Myanmar was ready to export 600,000 or 700,000 tonnes of mung bean and green gram, it can meet the demand for an extra 200,000 tonnes only by throwing in pigeon peas as well.

“They want mung and green gram. We already sell 600,000 or 700,000 tonnes to India of those two types, but we don’t have enough to meet an order for 900,000 tonnes. We might be able to make it if we add pigeon peas. Our department is negotiating this,” he said.

This will put paid to any attempt by Myanmar to penetrate any other market, he added.

The Ministry of Commerce is taking the lead in the negotiations, which will also bring in the ministries of Agriculture and Foreign Affairs, the Attorney General’s Office and the Myanmar Pulses, Beans and Sesame Seeds Merchants’ Association.

They hope to be able to reply to India soon, said the assistant secretary.

The Indian demand has already driven up the price of mung beans from K1.25 million a tonne to K1.45 million, said U Myat Soe, an executive with the Myanmar Pulses, Beans and Sesame Seeds Merchants’ Association.

According to the Ministry of Commerce, the export of 720,000 tonnes of beans since the start of this fiscal year ( April,2016) brought in US$838 million, of which more than half, or $440 million, came from the export of 310,000 tonnes of mung beans.

Last year’s exports were in excess of the 720,000 tonnes exported so far this year, but income on the exports was only $666 million.

“We earned more this year than last year because the prices are higher. We might be able to export the same tonnage as last year,” said U Myat Soe.

Indian consumers place value the Myanmar mung bean and the pigeon pea for their quality and taste, which explains why almost 80pc of Myanmar’s pulses exports are sent to India. India has promised to provide money and seeds, but first has to confirm that the seeds they intend to supply will be a good match with Myanmar’s climate and soil, said U Khin Maung Lwin said.

Myanmar exports beans and pulses to more than 50 countries, including Pakistan, UAE, Malaysia and Vietnam.
=====================================================================================
 

Latest posts

Pakistan Affairs Latest Posts

Back
Top Bottom