Sunday, February 15, 2009

Myanmar decline economy strongly affects construction busine

Myanmar decline economy strongly affects Myanmar construction business including Junta closed partner company according to Myanmar Construction Entrepreneurs Association (MCEA) . ( Myanmar naing Ngan sauk hloke yae Hloke ngan Shin ah thin in Burmese)

Construction of residential housing was worst affected, particularly in Yangon a member of MCEA ( zay Ga bar Khin Shwe told me) said today. Famous FMI housing company in Yangon Hlaing thar ya township admitted recently that their sale down to 80 percent compare with previous year.

However, ministry of construction announced that the construction company could not continue their construction project, they will seize company properties. Mostly, construction companies are jointly running their business with government.
They use government soil to build housing estate.

Even if government announce like that, Yangon construction companies now stop their project because no one ahs money to continue it, a director from construction company said.

So, many grassroots labour who are working in Yangon construction will loss their job sooner or later, he added.

There are 30 construction companies who run their project in Yangon.

Wednesday, February 4, 2009

Myanmar makes major cabinet reshuffle

Yangon, Feb 4,
Myanmar military will make major cabinet reshuffle in this week said the Yangon diplomatic source said to Yangon today.
Source who doesn’t want to use his name said that will be announced to night ,allowing two ministers to retire, appointing new ministers and reassigning two ministers .
That news leak out between Yangon diplomats and spread widely between local business men.
Minster of construction general Saw Tun and minister of immigration and population general saw lwin are going to be retired and deputy minister of foreign affairs U kyaw thu will be reassigned as head of civil servant selection.
There will be allowed to retiring present head of civil servant selection Dr thaung nyunt , very next to them and also general tin htut minister of co-op .
For appointed new ministers post ,that can’t be guess for a while but
The changes might be preparation for coming 2010 election and making major restructuring of the country's administration diplomatic guessed.

Monday, February 2, 2009

UN, nothing to Burma

Yangon February 2
Instead, United nation special envoy Mr. Gambari has met detained pro democracy leader Daw Aung San Su Kyi government official have said ,it is nothing for the hope of Burmese people under military regime.
No details of the talks were released. Mr. Gambari's visit is part of a mission aimed at promoting dialogue between Burma's opposition and military rulers.
People in Yangon mocks to UN as United Nothing or United Nowhere. They thought UN envoy is just a follower for juntas.
“Some vendors interested only about his return because they couldn’t sell anything beside main road during his visit” said local business man.
Daw su declined to meet Mr. Gambari during his last visit six months ago due to a lack of progress in reform.
The UN envoy told diplomats that his objectives are to urge the release of political prisoners, discuss the country's ailing economy and revive a dialogue between Ms Suu Kyi and the junta.
Mr. Gambari's seventh trip to the country comes amid criticism that he has failed to achieve Ms Suu Kyi's release or any other discernible progress from his diplomacy.
NlD spoke men said after UN envoy six visits they didn’t see any concert result for political development or either dialogue.
The military is pushing ahead with a tightly-controlled election next year