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Interview

U Kyaw Kyaw Maung, Governor of the Central Bank of Myanmar (CBM): Interview
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Interview:U Kyaw Kyaw Maung When will the credit rating bureau be established, and how will it strengthen Myanmar’s financial sector and consumer discipline? U KYAW KYAW MAUNG: Section 75 of the CBM Law, enacted in 2013, established the Credit Bureau and the credit referencing system (CRS) in Myanmar. With the assistance of the International Finance Corporation, regulations for the CRS are…
Interview

Daw Kim Chawsu, Head of International Banking, Kanbawza Bank: Interview
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Interview: Daw Kim Chawsu How can unsecured lending be promoted to assist the development of small and medium-sized enterprises (SMEs) in Myanmar? DAW KIM CHAWSU: The SME sector has always been very interesting, considering the diverse players in the market. The government has been trying quite hard in the last two years to make sure that this sector becomes more developed. Both the government and…
Interview

Linus Goh, Head of Global Commercial Banking and Executive Vice-President, Oversea-Chinese Banking Corporation: Interview
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Interview: Linus Goh In recent years Myanmar’s economy has undergone significant restructuring. How would you assess its financial sector reform so far? LINUS GOH: By all accounts, there is much reason to be optimistic. Given the daunting task of liberalising the economy after decades of isolation, the progress achieved by the government in bringing about the reform has so far been very promising. While…
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U Myint Zaw, Deputy Minister for Energy: Interview
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Interview: U Myint Zaw In light of the impending formation of the ASEAN Economic Community (AEC), what role will Myanmar play in the energy security of the region? U MYINT ZAW: As an ASEAN member state, we are trying to align with the ultimate goal of establishing the ASEAN Free Trade Area by 2015 under the umbrella of the AEC. We realise that energy security is essential to the long-term development…
Interview

U Sai Saw Lin Tun, Chairman, Myanmar Post and Telecoms (MPT): Interview
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Interview:U Sai Saw Lin Tun With ASEAN Economic Community integration nearing, what elements have been identified to improve Myanmar’s ICT capabilities? SAI SAW LIN TUN: Priorities for the improvement of ICT capabilities in Myanmar include the transfer of global technology, knowledge, skills, experiences and an international standard of governance to local companies and workforces. Local…
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Liman Zhang, Managing Director, Huawei: Interview
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Interview:Liman Zhang How has the government worked to develop and advance the capacity and quality of the telecommunications sector? LIMAN ZHANG: In terms of the ICT industry, the government has taken an important step in developing the sector. The announcement of the first draft of the ICT master plan at the Myanmar Connect forum in September 2015 was a welcomed initiative that demonstrates…
Interview

Philippe Luxcey, Managing Director, Apollo Towers Myanmar: Interview
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Interview:Philippe Luxcey What made Myanmar an attractive destination, and what challenges have you encountered? PHILIPPE LUXCEY: It was quite simple. We chose a greenfield market for our business. There was only one monopolistic operator, Myanmar Post and Telecoms (MPT), with a very limited number of sites. The government decided to award two licences in a very short period. It was a perfect…
Interview

U Win Khaing, President, Myanmar Engineering Society (MES): Interview
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Interview:U Win Khaing How does Myanmar’s building code compare to international norms? U WIN KHAING: The Myanmar construction industry has expanded tremendously over the last four years. We are seeing about $4.2bn worth of construction projects annually, and the business is growing by 8% each year. Therefore, we need to have a code and standards in order to regulate the industry. In the…
Interview

Ang Wee Gee, CEO, Keppel Land: Interview
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Interview:Ang Wee Gee In your opinion, how do construction timelines for projects in Myanmar compare to those of other countries in the region? ANG WEE GEE: Timelines vary among developers, particularly in an emerging market where regulations are not always clear. A developer does not work on its own but, rather, in collaboration with contractors, consultants and other industry professionals.…
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U Thadoe Hein, Managing Director, Myanmar Awba Group: Interview
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Interview:U Thadoe Hein How does development of agriculture in Myanmar compare to other countries in the region? U THADOE HEIN: Myanmar’s agriculture sector, like its other sectors, lags those of its peers in the region. Farming remains very traditional and primitive compared to neighbouring countries. The use of fertilisers and other inputs is only one-seventh that of Thailand and Vietnam.…