Organized by the Singapore Institute of International Affairs (SIIA), and sponsored by International Enterprise Singapore, RVi Institute and the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), the 2nd ASEAN-Myanmar Forum was held on 28 June, 2017 at the Sedona Hotel Yangon.
The half-day Forum themed “Moving Forward: Partnerships for a New Myanmar”discussed Myanmar’s plans for growth under the new government, its economic and investment future, and fostering partnerships in Myanmar.
Before martial arts become mixed Southeast Asia was home to many fighting styles seen in popular competitions today.
Thailand’s ferocious Muay Thai, Indonesias’ elaborate Pencak Silat and the punishing Filipino Kali are just some of the popular combat styles that exist in the region.
Shwe Taung welcomes foreign investment and sees huge potential to work with foreign companies in the energy, infrastructure, and infrastructure-related sectors such as construction materials.
These sectors create jobs, reduce Myanmar’s reliance on imported materials and contribute to decreasing Myanmar’s trade deficit.
Myanmar’s growth journey has just begun, and there is much that we can do to help.” Mr.
Aung Zaw Naing, Group Chief Executive Officer, Shwe Taung, said: “Foreign investors can play important roles in providing capital and expertise, and ensuring inclusive growth in Myanmar.
For a global bank like MUFG, which has a presence in Myanmar dating back 100 years, we want to continue playing a defining role in the development of Myanmar’s financial sector and help it mediate more trade flows with countries across the region.
But SMEC said the local consultation was "an essential element of an EIA/SIA process" and it would continue to make efforts "to improve communication with the local community".
The company says it "maintains a neutral position on this project, whereby it is simply reporting the facts, both positive and negative".
"(The) SMEC aim is to conduct an EIA/SIA process that is inclusive, constructive and transparent," the corporation said.
SMEC, which has a long history in Myanmar dating back to 1989, acknowledged "some planned consultations had been disrupted by community groups".