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PhillipTan
Supreme |
15-Jul-2021 09:03
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Myanmar junta slams UN on Rohingya resolutionMyanmar' s junta rejected on Wednesday a UN Human Rights Council resolution calling for reconciliation with the persecuted Rohingya minority, slamming " one-sided allegations" over its treatment of the stateless community.The country has been in turmoil since the government of Aung San Suu Kyi was ousted in a February coup, sparking huge pro-democracy protests and a bloody military crackdown. On Monday the Council adopted a resolution calling for " constructive and peaceful dialogue and reconciliation, in accordance with the will and interests of the people of Myanmar, including Rohingya Muslims." The resolution was " based on false information and one-sided allegations," the junta' s foreign ministry said in a statement. " The term ' Rohingya' which is invented with (a) wider political agenda is also unrecognised and rejected by the government," it said. The community had " never been recognised as the ethnic nationality of Myanmar," it added. In Myanmar, Rohingya have long been seen as interlopers from Bangladesh and have been denied citizenship, rights and access to services. More than 700,000 Rohingya currently languish in camps in Bangladesh after a deadly 2017 military assault on their communities in western Rakhine state that now sees the country facing genocide charges. Junta leader Min Aung Hlaing - who was head of the armed forces during the crackdown - has dismissed the word Rohingya as " an imaginary term" . The UN resolution also voiced " unequivocal support for the people of Myanmar and their democratic aspirations" and called for the immediate cessation of fighting and hostilities. China, one of the 47 Council members, said it could not join the consensus but nonetheless did not insist on bringing the text to a vote. More than 900 people have been killed by the military since the coup, according to a local monitoring group. |
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Entropy72
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08-Jul-2021 22:59
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One man's selfish intent and folly destroys a nation's future for at least a generation. Yet the man basks in glory and luxury.
No country is willing to liberate Myanmar and are contented to complain / sanction safely from a far distance. |
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PhillipTan
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08-Jul-2021 22:49
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Telenor quits Myanmar with US$105m sale to Lebanon' s M1 GroupNorwegian telecoms firm Telenor has sold its Myanmar business, blaming the difficulties of operating under the military junta and dealing a blow to activists who say they relied on the only Western operator for communications.Telenor, one of the biggest foreign investors in Myanmar, sold its Myanmar operations to Lebanese investment firm M1 Group for US$105 million, announcing its retreat from a country that slid into chaos after a military coup in February. It was one of the few Western companies to bet on the South East Asian country after it emerged from military dictatorship a decade ago. Myanmar accounted for 7 per cent of Telenor' s earnings last year. " There are three reasons why we think a sale is necessary: it is the safety of our employees, but also the regulatory conditions and also that there is good compliance," Telenor CEO Sigve Brekke told Reuters. " When we wrote off the business in May, we felt we could still operate in the country, although it was challenging. But after that, it has worsened." In May, Telenor booked a loss of US$738 million after seeing its mobile business in Myanmar severely restricted following the Feb 1 military coup. On March 15, the junta ordered a nationwide shutdown of mobile data, making it harder for pro-democracy activists to organise protests and circulate messages supporting the overthrown civilian government. Violence since the Feb 1 coup has driven more than 230,000 people from their homes. More than 880 people have been killed by security forces and 5,200 are in detention, the United Nations says. Myanmar' s junta has banned senior foreign executives of major telecommunications firms from leaving the country without permission and it is pressuring them to fully implement intercept technology that would let authorities monitor users, a source told Reuters earlier this week. Activists expressed concern over the exit of Telenor, one of two foreign operators present alongside Qatar' s Ooredoo. The other operators in Myanmar are state-backed MPT and Mytel, which is part-owned by a military-linked company. " We are mostly relying on Telenor," campaigner Thet Swe Win told Reuters. " Most of the activists rely on it as a company which has respect for human rights. I hope that the new company will respect human rights as Telenor did in the past." M1 Group was a major investor in Myanmar' s largest independent tower company, Irrawaddy Green Towers (IGT), which has a master lease agreement with military-backed telecom Mytel. Private equity company CVC said in February it would buy IGT from M1 Group and other shareholders. M1 Group was not immediately available for comment. Some Telenor investors welcomed the decision. " It is positive to see that Telenor did not compromise on their basic principles regarding human rights," said Janicke Scheele, head of responsible investments at DNB Asset Management, Telenor' s 6th largest investor with a 1.51 per cent stake. " We have had multiple dialogues with Telenor on this and this undoubtedly presented a considerable dilemma for the company," she told Reuters. The Norwegian state-controlled operator has operations in the Nordics as well as in Asia, where 95 per cent of its 187 million customers reside - in Bangladesh, Malaysia, Pakistan and Thailand, as well as Myanmar. It has around 18 million customers in Myanmar, serving a third of its 54 million population. Mads Rosendal, senior analyst at Danske Bank Credit Research, said the price tag was low, given how much Myanmar has contributed to Telenor' s earnings. " On the margin we ... see this as slightly credit negative as we had hoped to see a higher value," he said. |
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PhillipTan
Supreme |
05-Jul-2021 10:16
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After pressuring telecom firms, Myanmar' s junta bans executives from leavingSenior foreign executives of major telecommunications firms in Myanmar have been told by the junta that they must not leave the country without permission, a person with direct knowledge of the matter said.A confidential order from Myanmar' s Posts and Telecommunications Department (PTD) in mid-June said senior executives, both foreigners and Myanmar nationals, must seek special authorisation to leave the country, the person said. A week later, telecom companies were sent a second letter telling them they had until Monday July 5 to fully implement intercept technology they had previously been asked to install to let authorities spy on calls, messages and web traffic and to track users by themselves, the source said. Reuters has not seen the orders. The directives follow pressure on the companies from the junta, which is facing daily protests from its opponents and a growing number of insurgencies to activate the spyware technology. A spokesman for the military did not answer multiple requests for comment. The junta has never commented on the electronic surveillance effort, but announced soon after seizing power its aim to pass a cybersecurity bill that would require telecoms providers to provide data when requested and remove or block any content deemed to be disrupting " unity, stabilisation, and peace" . It also amended privacy laws to free security forces to intercept communications. The travel ban comes after intensified pressure from military officials to finish the implementation of the surveillance equipment. The source, who spoke on condition of anonymity for fear of reprisals, said the ban was meant to pressure telecoms firms to finish activating the spyware technology, although the order itself does not specify a reason. Three other telecoms sources, also speaking on condition of anonymity, said the authorities had stepped up pressure on the companies to implement the intercept, but declined to elaborate further. Two sources said companies had been warned repeatedly by junta officials not to speak publicly or to the media on the intercept. Telenor declined to comment. There was no immediate response to requests for comment from Ooredoo, state-owned MPT and Mytel, a joint venture between Vietnam' s Viettel and a Myanmar military-owned conglomerate. Months before the Feb 1 coup, telecom and internet service providers were ordered to install intercept spyware to allow the army to eavesdrop on the communications of citizens, Reuters reported in May. Reuters was not able to establish how broadly the surveillance technology has been installed and deployed, but four sources said Norway' s Telenor ASA and Qatar' s Ooredoo QPSC had yet to comply in full. Among the military' s first actions on Feb 1 was to cut internet access and it has still not been fully re-established, with telecoms given regular lists of websites and activist phone numbers to block. The moves have left the future unclear for Myanmar' s telecom sector, which had been one of the fastest-growing globally. Telenor said on Friday it is evaluating the future of its operations in the country, with a source telling Reuters it is eyeing a sale of its Myanmar unit. |
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dcools
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30-Jun-2021 03:14
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when civil war erupts, property mkt Wil be a gone case. | ||
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PhillipTan
Supreme |
30-Jun-2021 02:22
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Aung San Suu Kyi urges Myanmar to stay unitedOusted leader Aung San Suu Kyi asked the people of Myanmar to stay " united" in the face of military rule, her lawyers said Tuesday, as she reappeared in a junta court.The Nobel laureate, and daughter of independence hero General Aung San, has been under house arrest since a February coup that sparked huge pro-democracy protests the junta has tried to crush with deadly force. Invisible to the outside world bar a handful of courtroom appearances, Ms Suu Kyi, 76, has been hit with an eclectic raft of charges. She could face more than a decade in prison if convicted on all counts. On Tuesday, she heard testimony that she flouted coronavirus restrictions during elections her National League for Democracy (NLD) party won by a landslide last year, her lawyer Min Min Soe told reporters. " She asked the people to stay united and be consistent," she added. The specially-convened court in the capital Naypyidaw also heard testimony on a separate charge of sedition, although Ms Suu Kyi' s legal team argued two documents submitted by the prosecution were inadmissible as they were unsigned. Former president Win Myint and senior NLD leader Myo Aung are also on trial for sedition and appeared beside Ms Suu Kyi on Tuesday. Myanmar has been in turmoil since Ms Suu Kyi' s ouster, with huge protests, renewed clashes between the military and ethnic rebel armies in border regions and an economy spiralling into freefall. Junta leader Min Aung Hlaing has justified his power grab by citing alleged electoral fraud in the November poll won by the NLD. The military has cracked down brutally on dissent - shooting protesters, arresting suspected dissidents in night raids, shutting down news outlets and rounding up journalists. More than 880 civilians have been killed, according to a local monitoring group. |
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PhillipTan
Supreme |
28-Jun-2021 11:09
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Myanmar violence escalates with rise of ' self-defence' groups: reportViolence in post-coup Myanmar has escalated as anti-junta " self-defence" forces step up to take on the military, a report said on Monday, warning of an " enormous" human cost if the regime uses its full power in subsequent crackdowns.Myanmar has been in turmoil since the February coup that ousted Aung San Suu Kyi' s government, with more than 880 killed in a junta crackdown on dissent, according to a local monitoring group. In some areas, locals - often using hunting rifles or weapons manufactured at makeshift jungle factories - have formed " defence forces" to fight back. In response, the military has used helicopters and artillery, including against groups in northwestern Chin state and along the eastern border with Thailand. " Faced with armed insurrection, the Tatmadaw (the Myanmar military) can be expected to unleash its military might against civilians," the International Crisis Group said Monday. " The human cost will be enormous - particularly for women, children and the elderly, who face the greatest hardships from violence and displacement." Clashes have taken place in areas that have not seen conflict for decades, forcing humanitarian agencies into a race to set up new operations and supply lines, the ICG said. An estimated 230,000 people have already been displaced by fighting and insecurity so far, the United Nations said last week. The self-defence groups add to the volatile mix in the poor South-east Asian country, where more than 20 ethnic rebel groups were already in various stages of the conflict with the state before the coup. As the economy collapses, the new militias may " seek sources of revenue beyond the ad hoc community donations that have so far sustained them," the ICG warned. It is also unlikely that the shadow " National Unity Government" - formed largely of lawmakers from Suu Kyi' s ousted government - will be able to bring them under its control, it added. Clashes involving civilian militias and the military have largely been restricted to rural areas. But last week, at least six people died in a gun battle between security forces and a self-defence group in the country' s second city of Mandalay. |
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Lugi71
Veteran |
27-Jun-2021 22:52
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This is really a powerful interview to understand what is happening to Burmese civilians on the ground https://youtu.be/YVbfY0Qcpos | ||
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teeth53
Supreme |
25-Jun-2021 12:53
Yells: "don't learn through life, learn to grow with life " |
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I'm worry, if shr traded don't go slip lower n lower.....
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alto26
Senior |
25-Jun-2021 09:14
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Gone. | ||
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TA_Expert
Supreme |
24-Jun-2021 09:48
Yells: "The World has changed" |
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BBs not selling despite so many bad news. This show the big shareholders still have confident in the company. |
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PhillipTan
Supreme |
24-Jun-2021 09:27
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Armed rebels have declared war on the Myanmar junta, and the country is gearing up for all-out urban warfareOn the same day that gunfights between rebels and the country' s security forces broke out on the streets of Mandalay, Myanmar' s second-largest city, a group of resistance fighters called the People' s Defense Force made a public statement." We' ve declared war. The day we' ve been waiting for is finally here," said Bo Tun Tauk Naing, a spokesman for the People' s Defense Force in Mandalay on Tuesday, per a report from local news organization Myanmar Now. According to Myanmar Now, this is the first time that guerilla groups have exchanged fire with the country' s armed forces in a city environment. CNN reported that clashes erupted around an apartment building between a group of rebels and soldiers patrolling the city, which the junta alleges was a guerilla base camp. The country has seen an unending onslaught of violence since the military junta swept to power in an early morning coup that happened on February 1 this year, rounding up top Myanmar politicians, including civilian leader Aung San Suu Kyi and then-President Win Myint. Aung San is currently on trial for several charges, and the country' s junta-backed election commission resolved to dissolve her National League for Democracy Party, branding them traitors. Peaceful protests and mass civilian demonstrations in the city quickly turned deadly in the weeks following the coup. The violence was thought to have reached a crescendo in March during a particularly bloody day of protests that coincided with the country' s Armed Forces Day. But the fresh clashes on Tuesday, and the declaration of war that followed, signal a new shift in the kind of violence that Myanmar' s major cities should brace for. According to a report by ANI News, guerilla groups before Tuesday focused most of their attacks on remote areas in Myanmar' s frontier regions. But more young activists are being trained by insurgents in the remote mountainous regions of Myanmar, wrote the Australian Broadcasting Corporation, and they may soon return to their towns and cities armed and ready for urban conflict. These fighters may also resort to insurgency tactics to take on the overwhelming force of Myanmar' s army, which claims it has half a million soldiers, per The New York Times. The violence could also see a swift escalation in the weeks to come Nikkei reported on the use of Russian-made rocket launchers by army troops against People' s Defense Force fighters on Tuesday afternoon. |
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PhillipTan
Supreme |
16-Jun-2021 03:28
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Myanmar militia group halts attacks on troops Suu Kyi ' confident' in court[MANILA] A militia group in Myanmar' s conflict-torn Kayah State announced a halt to attacks on military targets on Tuesday, after appeals from local communities to cease fighting that had damaged homes and displaced more than 100,000 people.The Karenni National Defence Force (KNDF), one of the largest of several civilian militias formed in recent weeks to oppose a Feb 1 military coup, said it had temporarily suspended offensives but remained opposed to the military takeover. " The KNDF urge people to be united," it said in a statement. People' s Defence Forces allied with pro-democracy groups have stifled the junta' s bid to impose order, but some activists say the well-equipped military' s use of heavy weapons in response to their attacks has put innocent lives in danger. Myanmar has been in turmoil since the military overthrew Aung San Suu Kyi' s government, citing its refusal to address what it said was fraud in a November election. International observers have said the ballot was fair. Suu Kyi appeared in court on Tuesday for the second day of her trial over a slew of charges that her supporters say are bogus and intended to kill off her political career. Her lawyers declined to disclose details of Tuesday' s court proceedings, but said the 75-year-old was in a better condition than the first day, when they said she had appeared unwell. " She is resilient as always. She looks healthy," said Min Min Soe, a member of Suu Kyi' s legal team. " We just realised that she is suffering toothache. Because she told us. If not, we would not know. She is strong and confident as before." Min Min Soe said the court addressed the charge of incitement. The case centres on efforts in the days after the coup by Suu Kyi' s allies to urge embassies and international organisations not to recognise the junta. ' TREASONOUS' OPPONENTS The military has since outlawed many of its opponents, labelling them as treasonous or terrorists, including a self-proclaimed National Unity Government (NUG) that seeks to lobby the international community and prevent the junta from consolidating power. The NUG in early May announced the creation of People' s Defence Forces, many armed only with hunting rifles, who have for weeks been ambushing security forces in border lands after unmet demands for the release of people arrested for joining anti-coup protests. The NUG did not immediately respond to a request for comment and a military spokesman did not answer calls on Tuesday. The KPDF' s announcement it was halting attacks comes a few days after United Nations (UN) High Commissioner for Human Rights Michelle Bachelet condemned the army' s " outrageous" use of heavy weapons, including in Kayah State in the east of the country, but urged militias to keep civilians from harm. The junta on Monday said Ms Bachelet failed to mention " acts of sabotage and terrorism" and " the sufferings and deaths of the security forces" . Amnesty International on Tuesday called for Suu Kyi' s release and sharply criticised the Association of Southeast Asian Nations (Asean) bloc, whose non-interference policy, it said, was " enabling the military' s deadly rampage" . The UN and Western and Asian powers have backed Asean' s role as a mediator in the Myanmar crisis, but some of its members have criticised the junta' s failure to implement a plan it agreed to in April, which included halting violence and starting dialogue. " Millions of people in Myanmar are losing faith in Asean," said Emerlynne Gil, Amnesty International' s Deputy Regional Director for Research. " The regional bloc must change course and offer a lifeline to people in Myanmar by getting behind international efforts to protect civilians and urge the release of all those arbitrarily detained, including Aung San Suu Kyi." |
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TA_Expert
Supreme |
14-Jun-2021 15:59
Yells: "The World has changed" |
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Months of turmoil, yet the share price is still holding very well. No chance to buy at $0.10 at all. Why no sellers? Simply because they have confident of the long term prospect instead of cutting loss now. |
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PhillipTan
Supreme |
14-Jun-2021 14:31
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Myanmar at risk of third Covid-19 wave amid military' s hampered responseMyanmar' s military authorities are struggling to contain the Covid-19 pandemic, as the number of infections surge amid limited tests available daily.The military' s hampered pandemic response will likely aggravate local transmission, according to a report by risk consultancy firm Control Risks. Local transmissions have been fuelled by a distrust of public hospitals, which have been largely defunct after healthcare workers joined the civil disobedience movement. The military responded to such protests by targeting doctors and nurses, releasing almost daily name lists of healthcare workers with standing arrest warrants for incitement. Military hospitals have remained open, but civilians have been unwilling to use these services due to the ongoing conflict and fears that they will receive substandard treatment. Underground clinics - set up by doctors on strike - have been more popular but due to resource constraints can only provide basic care. Currently, concerns over violent strikes from both the military and opposition have convinced many to stay home and avoid interaction, keeping the domestic outbreak at bay. The military has also imposed lockdowns at the Indian border and other townships in the Chin state and Sagaing region. But, according to the report, the outbreak could easily spill over to Yangon and Mandalay, the country' s largest cities. Should that happen, military authorities are unlikely to be able to enforce measures to curb infections, given their focus on security concerns. Instead, the outbreak may worsen and present a new slew of economic challenges for many families and businesses, the report warned. |
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Entropy72
Master |
12-Jun-2021 08:49
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Escalating further. Yoma investors are in denial of reality.
Saturday, June 12 1:40 a.m. Violence on the rise in Myanmar despite the junta?s commitment to ASEAN leaders, with reports of troop buildups and attacks on civilians, according to the United Nations high commissioner for human rights. ?There appear to be no efforts towards de-escalation but rather a buildup of troops in key areas, contrary to the commitments the military made to ASEAN to cease the violence,? Michelle Bachelet says in a news release. Credible reports indicate that security forces have used civilians as human shields, shelled civilian homes and churches in Loikaw, Phekon and Demoso in Kayah state and blocked humanitarian access, including by attacking humanitarian actors, the news release adds. A witness has told Nikkei Asia that troops fired on unarmed civilians near Demoso on Friday afternoon. Bachelet?s comments come after the U.N. in Myanmar reported earlier this week that more than 100,000 people had been displaced by violence in the eastern state of Kayah. The high commissioner puts the figure at more than 108,000 over the last three weeks alone. Separately, Secretary of State Antony Blinken discussed the situation in Myanmar by phone with China?s top diplomat, Politburo member Yang Jiechi, according to State Department spokesperson Ned Price. 12:30 a.m. ?Myanmar is at a point of no return,? writes historian Thant Myint-U in Foreign Affairs, arguing that the Feb. 1 coup has ?unleashed a revolutionary energy that will be nearly impossible to contain.? This poses a problem for Myanmar?s neighbors, including China, Thant Myint-U argues: ?As the stalemate continues, the economy will crumble, extreme poverty will skyrocket, the health-care system will collapse, and armed violence will intensify, sending waves of refugees into neighboring China, India, and Thailand.? Friday, June 11 6:30 p.m. Myanmar troops have reportedly fired on unarmed civilians near Demoso, a town in Kayah state in the country?s east, sending more than 10,000 villagers fleeing from their homes. ?SAC [the State Administrative Council, the official name of the junta] troops have been firing weapons since this afternoon near Demoso, including artillery fire. We have been taking one shelter after another. More than 10,000 people are fleeing,? Sai Khun Reh, a teacher at a local school, tells Nikkei Asia. ?Most of the internet service is cut off here. I would like to request humanitarian assistance to be delivered,? says the man, who joined the Civil Disobedience Movement after the Feb. 1 coup. The shooting is said to have started after brief fighting between the military and armed anti-coup protesters. According to Sai Khun Reh, one person died during the shooting today. |
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PhillipTan
Supreme |
10-Jun-2021 13:59
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UN says 100,000 flee fighting in Myanmar border stateThe United Nations said on Tuesday an estimated 100,000 people in Myanmar' s Kayah state had been displaced by fighting that included " indiscriminate attacks by security forces" in civilian areas. Myanmar has been in turmoil since a military coup on Feb 1, with daily protests in towns and cities and fighting in borderlands between the military and ethnic minority militias, some of which have only existed for a few weeks. " This crisis could push people across international borders seeking safety, as already seen in other parts of the country," the United Nations in Myanmar said in a statement. It urged all parties to " urgently take the necessary measures and precautions to protect civilians and civilian infrastructure" . Myanmar' s foreign minister defended the junta' s plan for restoring democracy, state media reported on Tuesday, after a meeting at which his counterparts from Asean member states pressed the junta to honour a consensus agreement to halt violence and start dialogue with its opponents. Asean foreign ministers on Monday expressed disappointment at a meeting in China with Myanmar' s " very slow" progress in implementing a five-point plan that it agreed to, by consensus, at an Asean summit in April. State media cited the junta' s envoy, retired army colonel Wunna Maung Lwin, as telling the meeting the military had made progress on its own five-step road map, unveiled after the coup. That plan has few similarities with the Asean blueprint and centres on investigating alleged fraud in November' s election, managing Myanmar' s coronavirus epidemic and organising another election, after which the junta has promised to cede power. The United Nations on Monday said those who had fled Kayah urgently needed shelter, food, water and healthcare, and urged security forces to let aid workers and supplies through. Kayah, which borders Thailand, is one of several regions where volunteer People' s Defence Forces have attacked the well-equipped military, which has responded with heavy weapons and air strikes, triggering an exodus into nearby forests. Thailand, which fears a flood of refugees, has expressed its concern about the fighting and urged the junta to take the steps agreed with Asean. Images taken on Monday and obtained by Reuters showed a plume of smoke above the Kayah town of Mobye, which anti-junta militias were forced to flee after the army used heavy weapons, one fighter told Reuters. Reuters is unable to independently verify the accounts. State television made no mention of conflict in Kayah in its nightly newscast and a junta spokesman did not answer several calls seeking comment. Fighting has also taken place in the past few weeks in Demoso, Hpruso and the state capital Loikaw, where a resident described a climate of fear, with troops looting shops and questioning local people. " People are scared to go out," said the 25-year-old woman, who asked not to be identified for security reasons. " If people go out, soldiers stop them and interrogate them and sometimes shoot at them." |
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PhillipTan
Supreme |
10-Jun-2021 13:57
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Aung San Suu Kyi hit with fresh corruption chargesMyanmar' s deposed leader Aung San Suu Kyi has been hit with fresh corruption charges, state-run media reported on Thursday. The Anti-Corruption Commission found evidence that she had committed " corruption using her rank" , according to the Global New Light of Myanmar. " So she was charged under Anti-Corruption Law section 55." |
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Entropy72
Master |
09-Jun-2021 21:42
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Starcity benefited from its proximity to Thilawa SEZ ...
------ Almost a quarter of all factories in the Japan-backed Thilawa Special Economic Zone (SEZ) in Yangon have suspended operations amid post-coup turmoil. Nearly 30 out of the 122 factories in the SEZ are not currently operating. Most are suppliers to the domestic market, including Japanese firms. A decline in demand, limited availability of raw materials, as well as cash flow problems as a result of the banking crisis, have led the factories to suspend operations. Japanese automobile maker Suzuki suspended its operations after the COVID-19 outbreak last year, while Japanese instant noodle producer Acecook Myanmar Co plans to take a break at the end of June. ?While there are [large volumes of] stock in the market, the demand is declining. Manufacturers have to stop production when their stocks reach a limit. And there haven?t been new orders from the domestic market. So, they have suspended operations,? said an official of Myanmar Thilawa SEZ Holdings. Thilawa SEZ is located in Yangon?s Thanlyin Township. It houses automobile assembly and spare parts manufacturing plants, steel, cement, building materials, fertilizer and farming machinery factories as well as beverage, food processing, pharmaceutical and medical device manufacturers. Most of the firms in the SEZ are from Japan and the total investment is around US$2 billion. While some companies have suspended operations due to the domestic crisis, others have done so due to a change of policy at their headquarters. However, none of the companies are planning for a permanent shutdown or to withdraw investment from Myanmar, according to a source from the Thilawa SEZ management committee. ?As all the industries are having a hard time, it is natural that some will suspend operations. But you don?t rent land just for one to two years when you invest in a SEZ. So they won?t shut down or leave Myanmar easily,? he said. The SEZ has not received new investment for more than a year, following the COVID-19 pandemic which saw Myanmar ban most international flights since March 2020. Many of the factories that are still operating are engaged in the construction industry. However, some foreign companies that have opened representative offices in Myanmar have expressed an interest in investing in the SEZ. Thilawa is the first SEZ in Myanmar. It became operational in 2015 after the idea was initially presented in 2011 as Myanmar began its transition to democracy. |
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Entropy72
Master |
07-Jun-2021 21:47
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The junta judge overseeing the trial of detained leader Daw Aung San Suu Kyi in Naypyitaw has said that he will complete the hearing of the five cases against her within 180 days.
His announcement came on Monday during Daw Aung San Suu Kyi?s second in-person court hearing. ?As these cases are simple, the timeline for hearing them is 180 days. Since the cases were filed on Feb. 16, the court will hear the plaintiff?s side until June 28. Therefore, the court proceedings will take place every Monday and Tuesday rather than every two weeks in order to complete the trial process,? said U Khin Maung Zaw, the leading advocate of the ousted State Counselor?s legal team. Her lawyers said that they met with Daw Aung San Suu Kyi for 30 minutes before the Monday morning hearing, as well as with President U Win Myint and Naypyitaw Council Chairman Dr. Myo Aung who are on trial alongside her. All three leaders were detained hours before the junta?s Feb. 1 coup. Six cases have been filed against Daw Aung San Suu Kyi, all widely believed to be trumped up charges. They comprise two cases under Article 25 of the Natural Disaster Management Law for breaching coronavirus regulations, one case under Article 8 of the Export and Import Law for alleged possession of unlicensed walkie-talkies and other foreign equipment, one case under Article 67 of the Telecommunications Law and one under Article 505(b) of the Penal Code for sedition. The sixth charge, under the Official Secrets Act, was filed separately at the Yangon Eastern District Court. The next hearing in Naypyitaw for three of the cases will be on Monday, June 14. The other two will be heard on Tuesday, June 15. Daw Aung San Suu Kyi also requested the Naypyitaw judge to allow her to meet with President U Win Myint and Dr. Myo Aung as they are charged alongside her. The judge told the legal team that they needed to speak to the people who detained those leaders, said Daw Min Min Soe, another member of the State Counselor?s legal team. ?We demanded that, following our discussion with Amay (Daw Aung San Suu Kyi),? she added. The lawyer said Daw Aung San Suu Kyi has also given her consent for the legal team to represent her in the sixth case under the Official Secrets Act that was filed against her in Yangon and then referred to the Union Supreme Court last month. Detained Australian professor Sean Turnell and the former ministers of planning and finance ? U Soe Win, U Kyaw Win and U Sett Aung ? have also been charged with Daw Aung San Suu Kyi for violating the Official Secrets Act. Her lawyer U Khin Maung Zaw said that Daw Aung San Suu Kyi is not yet aware of this hearing on June 23, with the Supreme Court listing the case as one in which the accused will defend themselves. U Khin Maung Zaw added, ?She said that she has not yet received a subpoena for that case. Therefore, she told us to submit a letter saying that she had given us permission to represent her.? During the in-person meeting, Daw Min Min Soe said that Daw Aung San Suu Kyi ?wishes the people to be in good health.? She has also asked her legal team to help arrange food supplies for her and eight other people detained with her, as well as for her beloved dog Taichito. |
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