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Myanmar & Regional Economic Update
Webinar 
26 May 2020 | 12:00pm Myanmar Time | 1:30pm Singapore Time

AustCham Myanmar together with ANZ would like to invite you to participate in our “Myanmar and Regional Economic Update” webinar to be presented by ANZ's head of Asia Research, Khoon Goh. Our speaker Khoon Goh will share his thoughts on the economic impact of the COVID-19 outbreak on Myanmar and as well as on the wider Asia region. 
 
Please register by no later than 25 May 2020. A webinar link will be sent  to your registered email 24 hours in advance. 

REGISTRATION
Funding Energy Transition for Myanmar - A Green Recovery?

Webinar
27 May 2020 | 14:30pm Myanmar Time

The Paris Agreement created an impetus to accelerate investments, both public and private, to put the world on a path to sustainable growth. Globally, this transition will require trillions to be invested in green infrastructure by 2030, with most of the demand for financing coming from developing countries.

A model pioneered in the UK, green banks, are financing vehicles that can foster greater collaboration between government and private investors. A low carbon development strategy, backed by a green bank, will not only create investment opportunities for the private sector: it can be a catalyst for building capability – allowing countries to develop their own expertise to drive a low-carbon, climate-resilient transition that is completely aligned with the local context.

Gavin will discuss the lessons learned from developing the UK Green Investment Bank, it's work in Mongolia, and why he thinks this model could support the low carbon transition in Myanmar.

This event has been brought to you by the British Chamber of Commerce Myanmar, Energy Working Group. If you have any questions, please contact Neil Carmichael on neil.carmichael@britishchambermyanmar.com


Cost : Free for AustCham members | $5USD for non-mmeber 
RSVP: connect@austchammyanmar.com

Please register by no later than 26 May 2020. A webinar link will be sent  to your registered email 24 hours in advance. 
Meet the Ministers: Government Leadership in the Time of COVID 19
AustCham Myanmar, in association with other Foreign Business Chambers, is pleased to invite you to our exclusive briefing by Minister of Investment and Foreign Economic Relations, Deputy Minister of Investment and Foreign Economic Relations and the Deputy Minister of Planning, Finance and Industry.

Please join us on 29 May to hear a briefing focused on:
  • Policy responses taken by the Government of Myanmar to minimise COVID-19’s impact on the economy,
  • The current status of CERP implementation and
  • The role the Government of Myanmar envisages the international private sector as playing in support of economic recovery
Our Speakers:
HE U Thaung Tun, Minister of Investment and Foreign Economic Relations
HE U Bharat Singh, Deputy Minister of Investment and Foreign Economic Relations
HE U Set Aung, Deputy Minister of Planning, Finance and Industry

Moderated by Chris Hughes, Chairman AustCham Myanmar

Please register by no later than 28 May 2020. A webinar link will be sent  to your registered email 24 hours in advance. 

REGISTRATION

There will be some moderated Q&A after the presentations – please submit any questions you have when registering.
Mining Investment Asia 
Mining Investment Asia is the foremost South East Asian forum for the global mining community. Now in its 6th year, Mining Investment Asia is firmly established as South East Asia’s largest strategic mining investment conference and exhibition. Held in Singapore – a stable and secure global financial centre, the event is well poised to attract more global investors and companies.
 
We expect 450 senior level executives, including over 200 investors and 40 mining companies ranging from explorers, juniors to mid-tier producers and majors for three days of partnering, networking and business matching.
 
When: 8-10 September 2020 I 9:00am to 6:00pm
Where: Intercontinental Hotel, Singapore 
RSVP: jarred.lau@spire-events.com 

Special discounted rates are available for members of AustCham Myanmar. Please contact us at connect@austchammyanmar.com 
Impact of COVID-19 on Myanmar Businesses
In light of the COVID-19 pandemic, UN Women, and the Business Coalition for Gender Equality, are reaching out to business leaders and HR groups to understand impact of the pandemic, hear perspectives on the challenges faced by the private sector, and understand the role of and its impact on women in this current situation.

BCGE and UN Women will use this data to identify key activities and develop programmes that could support businesses with a particular focus on women employees, assist their recovery from economic loss, build resilience against future shocks, and promote women’s leadership and capabilities in preventive measures and preparedness.

It will only take 10-15 minutes to complete. PLEASE CLICK HERE TO TAKE THE EMPLOYER SURVEY

Thank you for your usual support. Stay safe, healthy, and vigilant.
Australian Business in ASEAN Survey 2020
Myanmar Government: COVID-19 Updates 
Ministry of Health and Sports: Coronavirus Disease 2019 (COVID-19) Surveillance Dashboard as of 25 May 2020. 
 
Person Under Investigation Confirmed Case
 		 Recovered
 		 Deaths
 
4646 201 122 6
 
Coronavirus Disease 2019 (COVID-19) Situation Reports (Myanmar) as of  23 May 2020
Download here

Myanmar Finds 18 Imported COVID-19 Cases In a Week: Myanmar has confirmed 18 imported cases of COVID-19 in those who returned from Malaysia and the United Arab Emirates from May 16 to 20, raising the country’s confirmed cases to 199. The health ministry said 41 out of the 199 coronavirus cases have been imported from other countries.
 
Govt allows restaurants to reopen with strict guidelines in Myanmar: The government has allowed restaurants to resume operations in accordance with guidelines from the Ministry of Health and Sports. The guidelines include placing a handwashing sink and sanitisers at the entrance and a partition placed to separate customers and the distance between those who will be dining-in must be in accordance with the guidelines.
 
Markets reopen in second phase of easing stay home restrictions in Mandalay: Under the phase by phase relaxing of stay home restriction programme, markets in Mandalay reopened yesterday. Mandalay Zaycho, Yadanarbon and Man Myanmar Plaza have resumed their services in the second phase, according to Mandalay City Development Committee (MCDC).
 
AustCham Myanmar: Weekly News
ADB to extend loans in support of development in Myanmar: Myanmar is planning to take a US$60 million loan from the Asian Development Bank (ADB) to establish a Credit Guarantee Corporation (CGC), U Maung Maung Win, the Deputy Minister for the Ministry of Planning, Finance, and Industry, said in Parliament on May 21. The proposal was sent by the President.

Govt to borrow K 1.3 trillion from Central Bank to plug deficit: The government will borrow K1.3 trillion from the Central Bank of Myanmar (CBM) to plug the budget deficit for fiscal 2019-20, deputy minister for Planning and Finance U Maung Maung Win told Pyidaungsu Hluttaw on May 21.

Myanmar Parliament Approves US$50 M World Bank Loan for Health Care Systems: The Myanmar Union Parliament approved a proposal on Friday to borrow a US$50 million emergency loan from the World Bank to improve hospital systems and public health emergency preparedness in the battle against the coronavirus across the country.

Manufacturing sector pulls over 120 foreign enterprises in Oct-Apr: Majority of foreign enterprises primarily invest in the manufacturing sector in the seven months of the current financial year 2019-2020, the Directorate of Investment and Company Administration (DICA) stated.

EFR Public Company to debut on YSX on 28 May: The Ever Flow River Group Public Co. Ltd (EFR) will be listed on the Yangon Stock Exchange (YSX) on 28 May 2020 at the base price of K2,300 per unit and its share trading will be made on the same day, said YSX Senior Executive Manager U Thet Tun Oo.

With thanks to our Premium Corporate Members.
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