Canada re-engages Myanmar Posted on March 6, 2013 by admin 18 February, 2013 Foreign Affairs A Canadian delegation arrived in Myanmar as part of an on-going process of re-engagement between the two countries, offering to share its experiences and perspectives on good parliamentary practices. In 2007, Canada imposed trade sanctions on Myanmar which were significantly lifted last year. To further encourage business between the countries, the Myanmar government announced business visas on arrival for Canadian citizens earlier this month. The Canadian Embassy will open in Yangon later this year. Canadian investment in Myanmar amounted to about US $40 million as of June 2012, according to the Myanmar Investment Commission. A reciprocal visit by Myanmar representatives to Canada is expected to take place later this year.
Myanmar Garment Factories Gear up for Foreign Investment Posted on March 6, 2013 by admin 18 February, 2013 Business and Investment The Myanmar Garment Entrepreneurs Association said that some local garment enterprises are changing their business tactics to appeal to foreign investors. Local garment entrepreneurs opined that hundreds of foreign garment enterprises have been attracted by Myanmar’s tax breaks which will be reduced to 15 per cent, depending on the type of export good.
Farmers sue military’s largest conglomerate over ‘land grab’ Posted on March 6, 2013 by admin 18 February, 2013 Business and Investment Forty eight farmers have sued officials from a chemical plant in Sagaing Region that is owned by the military’s largest conglomerate, accusing them of appropriating more land for their plant than they were legally entitled to. The lawyer representing the farmers said Myanmar has plenty of similar issues that cannot be solved by neither new nor preceding laws, and is instead suing on the basis of the Specific Relief Act 1877. He added that it is necessary for Parliament to pass a law to solve land disputes because the recent 2012 Farmland Law does not provide a framework for solving disputes over land that began before it was enacted.
Myanmar workers protest against lack of healthcare at factory in Jordan Posted on March 6, 2013 by admin 19 February, 2013 Business and Investment Myanmar workers at a garment factory in Jordan have been protesting over what they say are unhealthy and exploitative working conditions. The protest at the garment factory followed an outbreak of diarrhoea believed to be the result of food poisoning, with the affected workers forced to continue working.
