Weekly News

Events and News

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Event Debrief |Tax Update:
Tax Administrative Law effective from 1 Oct 2019

On Tuesday 27 August 2019, AustCham Myanmar in partnership with PwC Myanmar hosted a breakfast seminar detailing a Tax Update: Tax Administrative Law effective from 1 Oct 2019. The seminar was very productive, attended by around 40 people, who joined to gain a better understanding of Tax Administration Law and important new key features.

A huge thanks to the PwC Myanmar team for the informative and practical presentation.

Event Debrief | Meet the new AustCham Myanmar CEO and Networking Evening

On Thursday 29 August 2019, over 80 people gathered at the Australian Embassy Staff Complex to welcome the new AustCham Myanmar CEO and the entire team of the Chamber.

We were honoured to have the presence of the Australian Ambassador to Myanmar HE Andrea Faulkner to provide the opening speech at the event. Representatives from many sectors of the business community attended and the evening was a great success.

Event Invitation | Yangon | Myanmar Global Investment Forum 2019

Myanmar is seeing positive signs of economic revival, with domestic and foreign investment improving in response to the opening up to foreign direct investment (FDI), of retail and wholesale trade as well as the insurance business.

Now in its 8th year, the Myanmar Global Investment Forum 2019 will offer participants an excellent opportunity to hear directly from the government on their latest economic agenda and reforms, as well as to have meaningful practical discussions with the key influencers, investors and corporates in Myanmar through our new interactive event format.

Topics to be covered will include:
•             Prospects for FDI inflows and economic growth
•             Impact of the opening up of retail banking and the insurance business
•             Infrastructure and energy projects and investment planning
•             New banking and financial regulation developments
•             The growing role of development financial institutions
•             The increasing role of private equity in funding strategies
•             And much more…

Don’t miss a chance to hear from government representatives, domestic and foreign investors as well as businesses to discuss future collaboration and investment opportunities in Myanmar this September.
For the event detail, click here

For more information about the event, or if you have any problem on the online registration, please contact our customer services team at rsvp@euromoneyasia.com.

For sponsorship opportunities, please contact Victor Wong at victor.wong@euromoneyasia.com.
For speaking opportunities, please contact Candice Chevillard at candice.chevillard@euromoneyasia.com.

Event Invitation | Yangon | 2019 Myanmar Employer Awards

The Myanmar Employer Awards would like to invite and encourage AustCham member companies to participate and apply to the 2019 Myanmar Employer Awards!

The Myanmar Employer Awards recognizes and rewards companies operating in Myanmar who have demonstrated outstanding achievements in people management. Participating can significantly enhance your company branding in the recruitment market and help you attract the best talent, as well as boost internal company pride and HR team recognition.

Applications for this year's Myanmar Employer Awards are now open through 30th August; there are over fifty awards on offer including excellence in HR, SME-specific, CSR focused, and individual awards. There are many opportunities for companies to take home an award this year and be recognized as a Myanmar Employer of Choice!

For more information on the previous years' awards (and list of winners), or on the application process, please visit www.myanmaremployerawards.com or contact mea@jobnet.com.mm.

The Myanmar Employer Awards are powered by Jobnet.com.mm

Event Invitation | Yangon | UMFCCI Centennial International Expo

Members News

Job Opportunity at BCGEA

Business Coalition for Gender Equality Association (BCGEA) is a non profit organisation and a coalition of companies that are committed to promote equality and inclusivity at workplace in Myanmar. BCGEA was established with the support of the Australian Government, through its Investing in Women (https://www.investinginwomen.asia), a reagional initiative within four countries, Myanmar, Indonesia, Philippines and Vietnam.

1) Business Consultant, For detailed information about the position, click here

2) Gender Consultant, For detailed information about the position, click here

Weekly News

Malaysian developer to build $624M housing project in Yangon (The Myanmar Time, 1 September)

Malaysian property developer Berjaya Land will start building smart, affordable homes in Yangon in January next year, according to chief executive Datuk Pee Kang Seng.Valued at US$624 million, the project will be developed across 74 hectares of land in Yangon and take place in three phases over six years, Mr Pee was quoted by the Malaysian media as saying. He was speaking on the sidelines of the Malaysia-Myanmar Connect seminar in Yangon last week.

Hilton Says Myanmar’s Bright Economic Outlook Bodes Well for New Yangon Hotel (The Irrawaddy, 30 August)

Hotel operator Hilton offered an upbeat view of Myanmar’s economic prospects, particularly for its tourism sector, as it provided an update on its Hilton Times City hotel project at a press conference on Aug. 29. The 308-room hotel is due to open in 2021 in the compound of the Times City mixed-used complex, located between Hanthawaddy and Kyun Taw roads in Yangon’s Kamayut Township. It will be Hilton’s first hotel in Myanmar’s commercial capital.

PTT wins deal to develop electricity supply for New Yangon City (The Eleven Media, 30 August)

PTT Group announced today that it has won a deal for the development of an electricity production system for New Yangon City in Myanmar. Chawalit Tippawanich, president and CEO of Global Power Synergy Co Ltd (GPSC), said that the New Yangon Development Co Ltd (NYDC) of Myanmar has chosen PTT Group, comprising PTT Exploration and Production (PTTEP) and GPSC, to develop the electricity production system in New Yangon City, which borders Yangon.

Yangon puts 'girl power' into green spaces (Nikkei Asian Review, 28 August)

Hidden behind trees near a busy road in Yangon is a novel answer to two global hot-button issues: suffocating urbanization and sexual harassment. At one end of a newly-created park, a treehouse overlooks a wooden bridge, and at the other is a netted court where local boys play chinlone (caneball), Myanmar's unofficial national sport. The new Mya Malar Park, in Yankin township was designed by teenage girls as a "Green, safe spaces," in the west of Yangon, a fast-growing city where anything green and accessible is welcomed by locals who complain that real estate developments are too often prioritized over parks.

With thanks to our Premium Corporate Members.

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Australia-Myanmar Chamber of Commerce · Suite 402, Level 4 · 37 Bligh Street · Sydney, NSW 2000 · Australia