Burma Alert, October 1995
Special Edition
Update:
FOREIGN INVESTMENTS
The "BURMA ALERT'' has been monitoring foreign investments and trade
with Burma since January 1990. The following is a compilation of all the
foreign companies reported in the "ALERT'' since that date. Providing
information on Burma is a hazardous business since the ruling military junta,
the State Law and Order Restoration Council (SLORC), does not believe in the
freedom of information. Records available to the general public are scarce.
For the most part, we have relied on news items published for propaganda
purposes in the official Working People's Daily/New Light of Myanmar. As such,
some of the investments reported are over-stated. Many represent intent to
invest rather than actual investments. Where possible, we have tried to verify
the actual amounts invested. All investments are in US dollars. Some
companies have, under pressure, announced their withdrawal from Burma but
still maintain an office in Rangoon. We have dropped companies from the list
only when we have been able to verify that they have actually withdrawn. We
have not attempted to separate investments from trade since the two are often
linked. Classifying investments by country is also a tricky business since
modern corporations are cross-linked and operate across international borders.
Thai timber companies are particularly difficult to track since most are small.
Only those with new timber concessions are listed. Dates given are dates when
companies were first reported in the media. They could have invested or been
operating in Burma earlier. To the best of our ability, we have tried to
provide an accurate picture of foreign investments and trade with Burma.
However, given the paucity of information, mistakes are inevitable. We,
therefore, request our readers to send in any corrections.
BANGLADESH:
BIMAN AIRLINE 1993 Airline
COX'S BAZAAR SEAFOODS 08/90 Fish $6.9 mil
MARITIME AGENCIES 5-Star Line agent
SEA FISHERS OVERSEAS 12/90 $7.7 mil
BELGIUM:
FURNESS SHIPPING 1994 5-Star Line agent
TRANSURB CONSULTANTS 04/94 UNDP $1mil
AUSTRIA:
SWAROVSKI 06/95 Traffic signs
AUSTRALIA
A.G.C.WOODWARD-CLYDE 09/93 Waste mgmt
AUSTRALIAN CIVIL/STRUCT 09/93 Consultants
AUSTRALIAN NAT'L LINE Shipping
B.H.P.COUNTERTRADE 01/90 Barter $80 mil
B.H.P.COUNTERTRADE 01/90 Barter $50 mil
EAST WEST DIAMOND PROD 09/93 Drill Bits
EMPIRE OIL 04/95 Exploration
ERICSSON AUSTRALIA 09/92 Cell Phones
GEOCOMP SYSTEMS via GEOCOMP MYANMAR
GEOCOMP MYANMAR
- 06/95 with JAPAN INT'L COOP AGENCY
- 06/95 with LEICA (Swiss)
- 06/95 with MAP CONSULT (Sin)
- 06/95 Modern Land Survey Methods
GLOBAL LIVESTOCK EXPORTS 09/93
HEAVILIFT 09/91 Helicopter Transport
INTREPID TRAVEL 06/95 Tourism
KAILIS RESOURCES 1991 Block M/L (Oil)
LLOYDS 09/91 Air Transport - Oil & Gas
MODRA ELECTRIC POWER 09/93 Pumps
MULTIPLEX CONSTRUCTIONS 09/93
P.G.AIREY ASSOC 09/93 Consultants
PACIFIC ARC EXPLORATION
- 02/95 Gold (Mansi)
- part.with EAST ASIA GOLD(US)
- 08/95 Gold Block 8 (Popa)
- 08/95 Copper Blks 13/14 Thabeikkyin
PLACER PACIFIC 11/94 Exploration
RICHARD KLINGER 09/93 Gauges
SEAFOOD TRADERS 01/95 Fish/Prawn
SOUTH PACIFIC CO 03/95 Oil
E Phayonkakyun, Arakan
STEFANI PURE WATER AUSTRALASIA 09/93
STOCKDALE 1990 Diamond Exploration
TRANSCOM INTN'L 09/93 Consultants
TRANSMARE SHIPPING 5-Star Line agent
BRUNEI:
BAIDURI HOLDINGS 02/93 via HIGHSONICS(S)
- Owned by Brunei Royal Family
Prince Mohamed Bolkiah 02/93 via Q.A.F.
ROYAL BRUNEI AIRLINES 05/93 Aircraft Lease
BRITAIN:
ANDREW BROCK TRAVEL Tourism
ARCTURUS EXPEDITIONS 1995 River Cruise
ASIA VOYAGES 1995 Tourism
BINNIE & PARTNERS 03/92 Water Supply
BRITISH COUNCIL Seminar co-host
- 05/95 with NAWARAT CONCORDE
- Conducted by RALPH LEWIS ASSO
CHERRY VALLEY 1990 Duck Breeding
CROFT EXPLORATION 02/90 Rgn Office
DAVID HALFORD TRAVEL 06/95 Tourism
EASTERN AND ORIENTAL EXPRESS GROUP
- Owned by ORIENT EXPRESS HOTELS
- 01/95 River cruises $35 mil
- 01/95 Luxury Liner Hotel
- via ORIENT-EXPRESS TRAINS
ENNIS SHIPPING 5-Star Line agent
EXODUS 06/95 Tourism
EXPLORE WORLDWIDE Tourism
FRAGRANCE OILS (INT'L) 06/95 Display
G.J.M.MANUFACTURING 03/95 Garments
GLAXO via GLAXO ORIENT PTE (S)
GLAXO PHARMACEUTICAL 10/94 Office
HAMMERSMITH HOSPITAL
IMAGINATIVE TRAVELLER 06/95 Tourism
IMPERIAL CHEMICAL 10/94 Paints
INCHCAPE via INCHCAPE MKT GRP(S)
- Agent for EPSON ELECTRONICS
INDOCHINA TRAVEL 06/95 Tourism
KIRKLAND RESOURCES Oil Blk J
- 1993 Bought by DRAGON OIL(Eire)
KISCADALE Tour via ARCTURUS
KUONI TRAVEL 06/95 Tourism
LLOYD'S REGISTER 03/95 Visit
MYANMAR G.J.M.INT'L 03/95
- Co-Owned by G.J.M.MFG (Virgin Isl)
- Co-Owned by UMEHC
NEW FRONTIER CRUISE 01/92 Cruise
NOBLE CALEDONIAN 06/95 Tourism
OCEAN CRUISE LINES 06/95 Tourism
ORIENT EXPRESS HOTELS
- Co-Owned by SEA CONTAINERS
- Co-Owned by Y.T.L (MALAYSIA)
- Co-Owned by ITALTHAI
- via EASTERN & ORIENTAL EXPRESS GROUP
ORIENT-EXPRESS TRAINS & CRUISES
- Owned by EASTERN AND ORIENTAL EXPRESS
- 09/95 Tourism with SUNDAY TIMES
PREMIER
- 05/90 Blk M-13/14 Tenasserim
- 09/92 Blk M-12 Martaban
- 02/95 Blk M-10 Tenasserim
RALPH LEWIS ASSOC Consultant
ROLLS ROYCE 1995 British Week
ROYAL POST-GRAD MED SCHOOL
SAVOY HOTEL CO 1994 Hotel
SEA CONTAINERS via ORIENT EXPRESS
SILVERBIRD 06/95 Tourism
SPECIALISTS SERVICES INT'L 10/90 Inspection
STANDARD CHARTERED BANK 04/95 Branch
STEEL BROTHERS 02/90 Rgn Office
SUNDAY TIMES 09/95 Tourism
- with ORIENT-EXPRESS TRAINS & CRUISES
T.R.B.(London) LTD 05/95 Insurance
TEMPLE TRAVEL 1995 Tourism
CAMBODIA:
GLOBAL COMMERCIAL BANK 06/95 Office
CANADA:
BANK OF NOVA SCOTIA 06/95 Licence
- 09/95 Decision made not to enter Burma
CANADIAN HELICOPTER SERV 07/91 Office
COLLINS & LITTON 11/92 Avionics via China
FALCONBRIDGE 1990 Mine Study
INT'L PANORAMA RESOURCE
INT'L PANORAMA GOLD CORP
- Owned by INT'L PANORAMA RESOURCE
- 08/95 Exploration Blk 9 Pyinmana
INTERNATIONAL PETROLEUM 06/92
IVANHOE CAPITAL CORP 03/94 Study:
- Monywa Copper Complex
- Kyaukpahto Gold Mine
- via IVANHOE MYANMAR HOLDINGS
IVANHOE MYANMAR HOLDINGS 08/95 Explore
- Subsidiary of IVANHOE CAPITAL CORP
- partners with SUM CHEONG RESOURCES(S)
- 01/95 Office
NORTECH CO 08/94 Pipeline Survey
NORTHERN TELECOM 12/94 Cell Phone
- Owned by BELL CANADA ENTERPRISE
NOVA CORP 01/95 via UNITED COMM(M)
LABRADOR PETRO MGMT 06/91 Office
PETRO CANADA 03/90 Rgn Office
PLACER-DOME 10/94 via PLACER (Aus)
PRATT & WHITNEY 1990 Engines via Swiss
UNOCAL CANADA 04/92 Rgn Office
- Subsidiary of UNOCAL (USA)
WESTLEY TECHNOLOGIES
- 08/95 with EAST ASIA GOLD (US)
- Gold in Block 14 (Thabeikkyin)
CHINA:
BEIJING FISHERIES CORP
- 03/95 MYANMAR BEIJING FISHERIES
CHINA 1988 Arms $1.4 bil
- 12/89 Syriam Bridge $13.8 mil
- 05/90 2 Ground Stns $28 mil
- 05/91 2 Border Bridges
- 1991 AP Carriers
- 02/92 Comm Loan $6 mil
- 04/92 Rail 4,000 tons
- 04/92 Rail Loan $20 mil
- 07/92 Rail 3,000 tons
- 10/92 Mus'e Bridge
- 11/92 Hlainggyi Base
- 11/92 Coco Isl Base
- 11/92 Naval Training
- 01/93 Troop Training
- 01/93 Bhamo Hydro
- 01/93 Kunming H-way
- 01/93 Teng Chung H-way
- 01/93 Yin Chiang H-way
- 01/93 Nam Si Aung H-way
- 02/93 Arms Factory
- 06/93 Transp Loan $30 mil
- 07/93 Dev Loan $8.7 mil
- 10/94 Paunglaung Hydro
- 10/94 5-Star Line Loan
- 11/94 Arms $440 mil
- 05/95 Dong Feng Tractors
- 06/95 SLORC Dty FM Visit
- 06/95 Defence Med Visit
- 06/95 CID Police Training
CHINA AIRLINES 06/95 Beijing
CHINA COMMERCIAL CORP FOR INT'L
ECON/TECH COOP 5 Relay Stns
CHINA NAT'L AERO-TECH IM/EX CORP
CHINA NAT'L COMPLETE PLANT IM/EX
- 10/92 2 Ground Stns
- 09/94 Bridge Steel Truss
CHINA NAT'L COMPLETE PLANT IM/EX
YUNNAN CORP 12/94 Rail Loan $40 mil
CHINA NAT'L TOURISM ADMIN BUREAU
- 06/95 Hotels/Tourism Visit
CHINA OCEAN SHIPPING 5-Star Line agent
CHINA NAT'L MACHINERY IM/EX CORP
CHINA RADIO & T.V.CORP
CHINA ROAD AND BRIDGE CORP $10 mil
CHINA SHIP BUILDING TRADING
- 10/94 Ships for 5-Star Line
C.I.T.I.C 04/90 via ASIA SATELLITE
C.I.T.I.C. TECHNOLOGY 01/95 Visit
DEHONG PERFECTURE via DE GON
DE GON(MYANMAR) INT'L 02/94 Invest
- Owned by DEHONG PERFECTURE
DEPT OF AGRICULTURE & FORESTRY
- 03/95 Ice Factory
- 03/95 Cold Storage
DONG FENG MOTOR 05/95 Visit
GUANGDONG MACHINERY/EQUIP IM/EX
- 1988 Walking Tractors
- 04/93 Walking tractors
HUANG YUI 01/93 Trade
HUAXIA HAINAN 10/92 Rail $20 mil
INT'L COMPUTER CORP
- 04/91 Port Authority $0.5 mil
JINAN VACUUM FLASK FACTORY
- 04/95 Vacuum flask factory
MYANMAR-BEIJING FISHERIES $4 mil
- 03/95 Co-Owned by BEIJING and
- 03/95 Co-Owned by Fisheries Dept
RUILI MINING CORP 1994 Tin
SECOND AUTOMOTIVE WORKS 08/92 Training
SHAANXI AIRCRAFT CORP 09/92 Y8-D
SHANDONG NATIVE PRODUCE IM/EX CORP
WUYANG BICYCLE PRODUCTION 09/94
- Training and Material for
- Yadana Myinn Bicycle Factory
YUNNAN 11/89 Cross-border Trade
- 12/89 Dept Stores
- 12/89 Kachin Coal Sales
- 12/89 Shan Tin Mine
- 12/89 Tourism
YUNNAN MACHINERY CORP
- 11/91 Rail Cars $0.3 mil
- 11/91 Rail Tracks $3.6 mil
YUNNAN MACHINERY IM/EX CORP
- 06/93 42 River Boats
- 12/93 Rail Loan $5 mil
- 12/94 Boat Loan $40 mil
- 06/94 Boat Loan $30 mil
- 09/94 Sinmalike Shipyard Loan
YUNNAN PROVINCE CHEM IM/EX CORP
- 04/92 Caustic Soda Plant $6 mil
DENMARK
ADVANCE MYANMAR CARLSBURG BEER
EAST ASIATIC Office
EAST ASIATIC via EAST ASIATIC(M)
MAERSK 09/93 TOTAL (Fr) Drill $20 mil
FRANCE:
A.L.G.AEROLEASING 1988 via S'PORE
AIR FRANCE 04/91 Rangoon Office
ANDAMAN CO 03/92 Concrete pipe parts
BANQUE FRANCAISE DU COMMERCE
EXTERIEUR VISA via S'PORE
BANQUE INDOSUEZ 11/93 Credit
BANQUE NATIONAL DE PARIS 01/95 Office
COLUMBIA HELICOPTERS 07/91 Rgn Office
COMPAGNIE GENERALE DE GEOPHYSIQUE
CROISIERES PAQUET 11/92 Cruise Ship
ELYSEE INVESTISSEMENTS 08/94 Wood Factory
ESSILOR 01/90 via BANGKOK OPTICAL
EURO R.S.C.G. 12/94 Advertising
EUROPEAN GAS TURBINES/GEC ALSTHOM
- 07/91 Rgn Office; 06/94 Turbines
- 10/94 Turbines; 05/95 Equipment
FRANCE 07/91 Debt Relief $82 mil
- 03/95 Political Risk Guarantees
GECO-PRAKLER 08/92 Oil Service
HELI UNION Helicopters/Oil
PLIAMONT GROUP (Fr) 01/95 Wine
S.D.V. SEA PTE 05/95 Visit
SCHLUMBERGER 08/92 via GECO-PRAKLER
SETRACO 01/90 Renault buses
SOCIETE GENERALE via SOC.GEN (S)
SOGA 03/91 Concrete Pipe Plant
TOTAL 07/92 Blk M-5/6 Pipeline
GERMANY:
AGFA via EAST ASIATIC(Malay)
C.T.ARZMEIMITTEL CHEMISCHE TEMPELHOF
D.FUHRMAN, NISSIE & GUNTHER NFLG
DAHL HAUSEN of Cologne
EUROKAPITAL A.G. 06/95 Elect Power
FRITZ WERNER via M-FRITZ WERNER
G.C.GERMAN CONSULT 05/95 Visit
GESTETNER 04/92 via J.K.PTE(S)
GROUP SCHNEIDER via S'PORE
HAPAG-LLOYD 1987 Charter
K.H.D. HUMBOLDT WEDAG A.G. 05/95 Visit
MYANMAR ELECTRONICS 12/91 $1.4 mil
MYANMAR FRITZ WERNER 02/90 Machine Tools
SEE TOURS (Ger) Cruise
SIEMENS via MYANMAR ELECTRONICS
SIEMENS A.G. MEDICAL DIV, ERLANGEN
THEODOR NAGEL 09/94 Teak Import
TRANS-OCEANIC TOURS (Bremen) 02/91 Cruise
WIRTSCHAFT HILT HUNGERNDEN
HOLLAND:
A.B.N.AMBRO BANK 04/95 Mission
ASIA PACIFIC BREWERIES
- 60% Owned by A-P BREWERY
- 40% Owned by UMEHL
- 03/95 Brewery $30 mil
DEERNS CONSULTING ENGINEER 04/95
DRIESSEN AIRCRAFT INT.SYS 04/95 Mission
FOKKER AIRCRAFT
- 06/94 F-27 Aircraft
- 04/95 Mission
HEINEKEN via A-P BREWERY (S)
I.C.N.(Thailand) LTD 04/95 Mission
I.H.C.HOLLAND 04/95 Mission
I.N.G.BANK 04/95 Mission
INTN'L LEGAL COUNSELLORS 04/95 Mission
K.L.M. 1994 Airline
MEYN GROUP 04/95 Mission
NACO 04/95 Mission
N.L.-THAI CHAMBER OF COMMERCE 04/95
N.K.F.KABEL 04/95 Mission
N.V.ORGANON Med Consult
PAKHOED FURNESS MARITIME
PHILIPS
- via PHILIPS OF S'PORE
- via PHILIPS MED SYS (ASIA)
RABOBANK 04/95 Mission
ROYAL DUTCH/SHELL via SHELL EXPLORE
SHELL EXPLORATION
- Subsidiary of ROYAL DUTCH/SHELL
- 10/89 Blk G Explore $80 mil
- 1992 RSF-3/4/5 Oil Production
SOUER CO 04/95 Mission
STAVIBELL BV 04/95 Mission
T.N.W.EXPORT 04/95 Mission
VAN OORD ACZ 04/95 Mission
V.S.N.GROUP 04/95 Mission
G.VAN DEN BRINK 1988 Monkey Farm
VANLEEUWAN BV 09/94 Chrome $0.2 mil
HONG KONG/MACAU:
ANDES ENTERPRISES 02/89 Fish $2 mil
ASIA SATELLITE 04/90 $1.6 mil/yr
ASIA VOYAGES '90 Tourism $0.4 mil
CHINA LIGHT & POWER (INT'L)
CITIZEN WATCH (HK)
- 03/95 Citizen Sales Centre
CONCORD PEARL & GEMS 10/91 Pearls
EMERALD via EMERALD ROSE GARDEN
EMERALD ROSE GARDEN
GARMING MARINE PRODUCTS
- 10/91 Seafood
- 07/93 Fish Farm $4 mil
HONGKONG & SHANGHAI BANK 02/95 Office
HUI CHEONG SHIN 02/91 Jade
HUTCHISON WHAMPAO 04/90 via ASIA SAT
IRRAWADDY 02/91 Seafood/Gems
- Office Supply Showroom, Theingyize
IRRAWADDY ADVISORS Investments
- Dir HALPIN HO via MYANMAR FUND
JADE ENTERPRISE via MYANMAR JADE
JARDINE FLEMING 11/90 Financed Strand
JARDINE MATHESON 04/95 via MAN ORIENT
KARENLAN CO 03/90 Fishery
KERRY FIN.SERV via KERRY SECURITIES
KERRY SECURITIES
- Owned by KERRY FINANCIAL SERVICES
- (10/94 MYANMAR FUND $100 mil)
KERRY INVESTMENT MANAGEMENT
- Owned by KUOK GROUP(M)
- (Mgmt of MYANMAR FUND)
KIMMY SHIPPING AGENCIES 10/91
LAM KEE CHEUNG 10/91 Timber
LANON INVESTMENTS 10/91 Timber
MACAU FROZEN FOOD 05/94 $1.2 mil
MANDARIN ORIENTAL HOTEL GRP 04/95
MEEYATHA INT'L HOTEL 04/91 $6 mil
- Subsidiary of S.P.A.INT'L
MYANMA EUROWORLD INT'L
- Co-Owned by MYANMA INDUSTRIAL
- Co-Owned by Myanma Textile
- 01/94 Garment $ 2.6 mil
MYANMA INDUSTRIAL HOLDINGS
MYANMAR CHAN 01/90 Trade $1.4 mil
- Subsidiary of TSIN YUEN ENT
MYANMAR INT'L TRUST & INVESTMENT
- Co-Owned by PEREGRINE CAPITAL
- Co-Owned by UMEHC
MYANMAR JADE INT'L 04/95
- Co-Owned by JADE ENTERPRISE
- Co-Owned by UMEHC
MYANMAR MACAU INT'L 12/92 Hotel
NETOUR LTD 1990 Tourism $8.5 mil
NEW WORLD GROUP 01/93 Hotel Mgmt
ON KEE TIMBER 10/91 Timber
PAGAN ORIENTAL HOTEL (?)
- 25% Co-Owned by MANDARIN ORIENTAL
- 25% Co-Owned by ITALTHAI DEV
- 50% Co-Owned by ORIENTAL HOTEL
PAGAN-INLE JOINT VENTURE Hotels
- Co-Owned by ASIA VOYAGES(HK)
- Co-Owned by M-Hotel and Tourism
PE WIN Bernard 01/93 via STRAND
PEREGRINE CAPITAL MYANMAR MMAI
- Co-Owned by PEREGRINE INVESTMENTS
- Co-Owned by MMA INVESTMENTS(USA)
- via M-INT'L TRUST & INVEST CORP
PEREGRINE INVEST via PER-CAPITAL
PIONEER INDUSTRIES 01/93 via STRAND
SOPHONPANICH 01/93 via STRAND
S.P.A.INT'L via MEEYATHA
SEAL INVESTMENTS 10/92 Forest $1 mil
STARFORD TIMBER 10/91 Timber
STRAND HOTELS INT'L 06/90 $22 mil
- Co-Owned by PE WIN Bernard
- Co-Owned by PIONEER INDUSTRIES
- Co-Owned by SOPHONPANICH
- Co-Owned by SUN HUNG KAI
- Co-Owned by ZECHA HOLDINGS
STYLAND HOLDINGS 1991 Garment
SUN HING SHIPPING
SUN HUNG KAI 01/93 via STRAND
TSIN YUEN ENTERPRISES via M-CHAN
UNIMIX 03/93 Garment $2.6 mil
WINNER(GARMENTS) 04/92 $0.65 mil
YANGON GARMENT MFG 1994 Garment
YANGON KNIT GARMENT MFG 1994
YANGON SPORTSWEAR $ 2 mil
- Co-Owned by VALUE INDUSTRIES
- Co-Owned by YANGON GARMENT
ZECHA HOLDINGS 01/93 via STRAND
FINLAND:
VALMET HELSINKI SHIPYARDS
- '68 Built CENTRAL FLOAT HOTEL
- '92 Renovated FLOATING HOTEL
JAPAN:
ASAHI YOKO via M-ASAHI YOKO
ASAHI YOKO SUPER EXPRESS
- Owned by MYANMAR ASAHI YOKO
- 02/95 Rangoon-Mandalay Bus Service
BANK OF TOKYO 1995 Licence
BROTHER INDUSTRIES 06/94 Rangoon Exhibit
C & D CO via YAMATO GOLF STORE
C.ITOH 06/90 Rgn Office
- Part of DAI-ICHI KANGIN GROUP
CHINA JEWELRY 02/91 Pearl Trading
CHIYODO CORP $15,000 donation
- 06/95 to Mandalay City Dev Ctee
CITIZEN WATCH via CITIZEN (HK)
DAI-ICHI KANGIN
- via C.ITOH & CO
- via FUJITSU
- via ISUZU MOTORS
- via KANEMATSU CORP
DAIMARU 1989 Fisheries
DAIWA SECURITIES 06/95 Brokerage $3.6 mil
DENTSU CO 02/95 Tourism
EASTERN CAR LINER Shipping
FUJI ASIA 08/91 Rgn Office
FUJITA CORP
- 03/95 Constr of Business Centre Hotel
FUJITSU 08/94 Peripherals
- Part of DAI-ICHI KANGIN GROUP
FUYO GROUP
- via MARUBENI CORP
- via NISSAN MOTOR
GOLD MARITIME 5-Star Line Rep
GOTO OPTICAL Planetarium
HINO Buses & trucks
HONDA MOTORS
- 06/90 via STAR CORP
- via ASIAN HONDA MOTOR (Thai)
- 06/95 Motorcycle Showroom
HOUSHO TRADING 02/90 Fish/fishmeal
IDEMITSU 08/90 Rangoon Office
- 10/89 Blk D Explore $40 mil
INDUSTRIAL BANK OF JAPAN 03/95 Visit
ISUZU MOTORS 1991 Trucks
- Part of DAI-ICHI KANGIN GROUP
ITOCHU CORP 02/95 Invest
J.V.C. 01/95 via J.V.C.S'PORE
JAPAN Debt Relief Grants
- 08/90 $23.5 mil; 06/91 $42 mil
- 11/91 $15.9 mil; 07/95 $44 mil
JAPAN 12/89 Bridge Study $0.1 mil
- 10/94 3 ambulances $68,700
- 12/94 med equip $34,000
- 12/94 2 ambulances $44,000
Food Production $11 mil
- 03/95 Financial Risks Guarantees
- 05/95 Vaccine $0.4 mil
JAPAN AIR SYSTEMS 06/95 Tourism
JAPAN INT'L COOPERATION AGENCY
- 03/95 Construction Project
- 06/95 with LEICA (Swiss)
- 06/95 with MAP CONSULT (Sin)
- 06/95 with GEOCOMP MYANMAR
- 06/95 Modern Land Survey Methods
KAIKO SUISAN 02/90 Fish/Shrimp
KAJIMA KENSETSU 06/90 Rgn Office
- 1987 Biluchaung Power Plant
KANEMATSU KOHSHO 11/89 Rgn Office
- Part of DAI-ICHI KANGIN GROUP
KINSHO MATAICHI 09/91 Rgn Office
KONICA 10/90 via GOLDEN GLORY
KYODO-MYANMAR OIL & GAS 01/93
M.M.3.CORP '94 Yangon Int'l Hotel Mgmt
MARUBENI CORP 04/91 Rgn Office
- Part of FUYO GROUP
- 02/95 Infrastr & Mkt Econ Dev
- 02/95 Zinc Sheet with:
- Dagon International and
- METCHEM ENGINEER SERV
- (CHANDARIA GRP (S)
- 02/95 Softdrink with:
- L.P.Spring Water Ice Co
MIMATSU CONSTR GROUP 08/90 Office
- 08/94 Yangon Int'l Hotel $60 mil
MITSUBISHI
- via MITSUBISHI CONSTRUCTION
- via MITSUBISHI MOTORS
MITSUBISHI CONSTRUCTION
- Part of MITSUBISHI GROUP
- 08/89 Rgn Office
- 1987 Biluchaung Power Plant
- 1994 Bid for Bridge Building
- 06/95 Hledan Overpass
MITSUBISHI MOTORS
- Part of MITSUBISHI GROUP
- 06/95 Sales/Service Centre
- at A.T.G.Emporium,Rangoon
- at A.T.G.Emporium,Mandalay
MITSUI
- via MITSUI & CO
- via MITSUI CONSTRUCTION
- via MITSUI ENGINEERING
- via TOSHIBA
MITSUI & CO 03/89 Rgn Office
- Part of MITSUI GROUP
- 12/94 Zinc Sheet with:
- P.L.INTERNATIONAL (S) &
- Dekhina Trading Enterprises
- 04/95 Prawns/Marine Products
MITSUI & CO via THAI COUT
MITSUI CONSTRUCTION
- Joint venture $11 mil
- 08/95 Mingaladon Industrial Park $700 mil
Exchange for 5 mil Barrels Oil/yr and
- 20% of Yadana Gas for
- 200 MW Power Plant and
- Fertiliser Factory
MITSUI ENGINEERING/SHIPBUILDING
- 05/95 Myanma Shipyards/Thilawa Port
MYANMAR ASAHI YOKO
- Owned by ASAHI YOKO
- via M-ASAHI YOKO SUPER EXPRESS
M-OKINAWA DEV CORP 03/95 Visit
MYANMAR PLASTIC 1994 Plastics
N.Y.K.LINE 5-Star Line agent
NEW NISSEI CORP 08/91 Rgn Office
NEWJEC ENGINEERING
- 1987 Biluchaung Power Plant
NICHIMEN CORP 06/89 Rgn Office
NIINO INT'L 11/92 Pearl Prod
NIPPON OIL
- 09/90 share PREMIER Blk M-12
- 05/90 20% PREMIER Blk M-13/14
- 02/95 share PREMIER Blk M-10
NIPPON STEEL CORP
- 1994 Bid for Bridge Building
NIPPON SUISAN 1989 Fish
NISSHO IWAI 11/89 Rgn Office
NISSAN MOTOR 1991 Trucks
NISSIN DENSO Equip $0.1 mil
OSAKA-MYANMAR INVEST COMMISSION
R.S.JAPAN-MYANMAR JOINT INVESTMENT
ROYAL CONNECTION INT'L CO
- 05/95 M-Business Centre, Tokyo
SAKAI CO 1987 Power Plant
SANWA TRADING 05/89 Rgn Office
SASAKAWA MEMORIAL HEALTH FDN
- 06/91 Medical supplies $15 mil
SEIKO EPSON via EPSON (Thai)
SONY CO 1995 Visit
SUMITOMO 01/90 Rgn Office
- 12/92 Telephone Exchange
- 06/95 Telecom System
SUZUKI 08/90 Vehicles
- 04/94 Motorcycle Showroom
TAIYO O & A CO 02/89 Fish
TAJIMA 06/94 Rangoon Exhibition
THIRD WORLD SHOP OF JAPAN
- 05/95 Dev Projects $0.03 mil
- Yindaikkwin village, Taikkyi
TOKIWA KIGYO 09/90 Rgn Office
TOKYO CONSTRUCTION 03/95 Visit
TOKYO MARUICHI SHOJI 05/90 $1.5 mil
TOMEN CORP 03/90 Rgn Office
TOSHIBA
- Part of MITSUI GROUP
- 02/90 via GOLDEN GLORY (S)
- via TOSHIBA SINGAPORE
VICTOR CORP
YAMATO GOLF STORE 06/95 Gift
- Golf set to PMO $0.02 mil
INDONESIA:
BANK DAGANG NASIONAL INDONESIA 06/95
BURSA MYANMAR TOBACCO 11/94 $8 mil
- 65% Owned by BURSA TOBACCO
- 35% Owned by Zaykaba Co
BURSA TOBACCO via BURSA M-TOBACCO
HUMPUSS GROUP via INDO-HOUSE
- Owned by HUTOMO MANDALA PUTRA
HUTOMO MANDALA PUTRA a.k.a.
INDONESIA 01/95 Cooperation
- 04/95 Trade Mission
- 06/95 Trade Agreement
INDONESIA HOUSE 08/94
- Coordinates Indo Investments
INDUSTRI PESAWAT TERBANG NUSANTARA
- 06/95 Aircraft Mfg Visit by SLORC
P.T.GADJAH TUNGGAL GROUP
P.TANKINDO PERDANI 5-Star Line agent
SUHARTO via HUTOMO MANDALA PUTRA
TUNAS MULIA CONTINENTAL
- 05/95 Yetagun pipeline to Indonesia?
IRELAND:
DRAGON OIL via KIRKLAND (Nor)
ISRAEL:
EGGED ISRAEL TRANSPORT
LEGO IRRIGATION
- 05/95 Water supply equipment
TELRAD TELECOM & ELECTRONICS
KOREA:
BEST INDUSTRIAL CO 1994 Office
CHEERY MYKO AUTO 1992 Office
DAEWOO 1985 Rangoon Office
- 07/89 No.5 Garment Factory $8 mil
- 07/89 Department Store
- 07/89 Copper mine $20 mil
- with KOREAN MINE PROMOTION CORP
- 04/90 Hotel $60 million
- 09/90 Rail Carriages $4 mil
- 11/91 Plywood factory $1 mil
- with SAMWON
- 01/92 200 Daewoo Buses
- 09/92 Car mfg study team
- 05/95 Car Import/Manufacture
DAEWOO ELECTRONICS
- via DAEWOO ELECTRONICS MYANMAR
DAEWOO ELECTRONICS MYANMAR
- 55% Owned by DAEWOO ELECTRONICS
- 45% Owned by Myanmar Heavy Industries
- 07/90 Electronics Factory $6.6 mil
DOO PUNG CO 1993 Office
DONGWON IND 02/89 Fish $0.5 mil
GOLDSTAR CO
- 01/95 Gift to PMO $0.05 mil
GLACIER TOBACCO 1994 Factory
HAE YAN CO 1994 Office
- 50% Owned by Yangon City Dev Corp
HYOPSUNG SHIPPING 5-Star Line agent
HYUNDAI ENGINEERING/CONSTRUCTION
HYUNDAI MOTORS 12/89 Office
I.C.ENTERPRISE via K MERCHANDISE
KOMY TRADING 1994 Office
KOREA MYANMAR TOURISM 1991 Office
KOREAN MINE PROMOTION CORP
- 07/89 Copper Mine with DAEWOO
KOREA 12/94 Bulldozers $0.2 mil
- 01/92 Economic/trade Agreement
- 10/92 Investment Guarantees
KOREAN MERCHANDISE CENTRE 10/94
LOTTE GUM 03/95 Trade Fair
LUCKY GOLD STAR 1990 Office
MIWON CO via MIWON SHWE
MIWON SHWE THA JIN CO 1994 Office
- 60% Owned by MIWON CO
- 40% Owned by Shwe Tha Jin
MOK YANG CO 1993 Office
MULTIGATE CORP 1993 Office
MYANMAR DAEWOO INT'L
- 55% Owned by DAEWOO
- 45% Owned by UMEHC
- 04/90 Garment Export $3 mil
- 02/91 Pyinmabin Factory, Mingaladon
M-KOREA TIMBER INT'L 12/91 Office
- 55% Owned by DAEWOO
- 45% Owned by M-Timber Entp
- 1994 Plywood
MYKO CO via CHEERY MYKO AUTO
P.M.K.CO 1992 Office
- Subsidiary of P.M.K.PTE (S)
- POHANG IRON & STEEL
- 11/92 Steel Mill
S.M.I.CORP 1994 Office
- Subsid of SEAMONT INDUSTRIES (S)
SAMWON 11/91 Plywood $1 mil
SAMSUNG 12/89 Office
SEGYI INTN'L 1990 Office
- 60% Owned by DAEWOO
- 40% Owned by UMEHC
- 06/90 Garment factory $4.75 mil
SEOUL AIR INTN'L 09/91 Helicopter/Oil
SUNKYONG via YUKONG
SEA LUMBER Plywood
- Venture 45% owned by SEA LUMBER
- Venture 45% owned by DAEWOO
WOOSHIN SANGHAP 02/89 Fish $0.8 mil
- 45% Owned by United Seafood
- 1991 Office
YUKONG 10/89 Blk C Oil $39 mil
- Subsidiary of SUNKYONG
- 07/93 New Oil Exploration
EGYPT:
ASSWAN SHIPPING 5-Star Line agent
INDIA:
AREBEE & CO 5-Star Line agent
EVERETT (India) 5-Star Line agent
INDIA 03/93 Bilateral Treaty
INDUSTRIAL BOILERS LTD (I)
KOLIA MYANMAR
- 06/95 Donated MAHINDRA jeep
NARCOTICS CONTROL BOARD 03/93
R.P.ENTERPRISE 01/93 Trade
R.PIYARELALL GROUP 06/95 Watches
SOUTH INDIA CORP 5-Star Line agent
MALAYSIA:
AIR FORCE 02/90 Training
AIR MANDALAY 10/94 Charter $35 mil
- 51% Owned by KEMAYAN
- 49% Owned by Myanmar Airways
ARDHUNA HOLDINGS (NOPAS)
- 09/94 Palm Oil with Dingar $36 mil
ATLANTIC OUTLINE CAPITAL
- 12/93 Hotel Resort $300 mil
AUSTRAL AMALGAMATED TIN
- 12/94 Rgn Airport Hotel $5 mil
BANK OF COMMERCE (M) 10/94 License
BARCELONA MYANMAR CO 03/95
- Appointed Rep by PAILIN INDUSTRIES
BOUSTEAD SHIPPING 5-Star Line agent
BURMAL HOLDINGS 08/89 Trade
BUTTERWORTH 05/94 Prawns $0.5 mil
DELCOM 01/95 via UNITED COMM
DINGAR LION BANK 09/94 $50 mil
- Co-Owned by NOPAS LION
- Co-Owned by Aung Gyi's Dingar
DINGAR LION HOLDING
- Co-Owned by NOPAS LION
- Co-Owned by Dingar Co
- 09/94 Dept Store $45 mil
EAST ASIATIC (Malay) 06/95 AGFA Film
ELCON via M-ELCON GOLD
HOISOON IM/EX 04/90 Fish $3 mil
IDRIS HYDRAULIC
- Owned by Ahmad RITHAUDDEEN
- 04/94 Plywood Factory
- 04/94 Hotel
- 12/94 Sawmill $ 12 mil
KALANAMAS 06/94 Food $16.6 mil
KASYA JAYA NOPAS)
- 09/94 Telecom $22 mil
- with Dingar Co
KASYA JAYA (NOPAS)
- 09/94 Hotel $30 mil
- with Dingar Co
KEMAYAN via AIR MANDALAY
LANDMARKS via E & O EXP (UK)
LEADER CABLE 01/95
- Fibre-Optics Cable Plant
- with UNITED COMM 30%,
- with Cap Co 30%, and
- with SLORC 10%
MALAYAN BANKING 04/95 Office
MALAYSIA Credit $25 mil
MBf CARD SERVICES 04/90 MasterCard
MBf HOLDINGS 05/95 Visit
MEWAKASA(Malay) 05/95 Souvenirs
MYANMAR ELCON GOLD
- Co-Owned by ELCON MALAYSIA
- Co-Owned by Shwenga Leather
- 10/94 Leather Facctory $3 mil
NOPAS LION
- 09/94 via ARDHUNA
- 09/94 via DINGA BANK
- 09/94 via DINGA HOLD
NOPAS LION 09/94 $20 mil
- Rice Culti with Dingar Co
NOPAS LION 09/94 $19 mil
NOPAS LION 09/94 $5 mil
- Gem Machine with Dingar Co
NOPAS LION 09/94 $8 mil
PADI RICE AUTHORITY 01/90 Import
PAILIN INDUSTRIES
PALM OIL PROMO COUNCIL 02/92 Seminar
PRIME COMMERCIAL BANK 09/94
PUBLIC BANK OF MALAYSIA 08/94 Licence
RITHAUDDEEN Tengku Ahmad via IDRIS
S.Y.HOLDINGS via PRIME COMMERCE
- Owned by YUNUS, H.J.Shamshuudeen
SEAL INC via SEAL INVEST (HK)
SERGE PUN ASSOCIATES 1994 Hotel
SCANSIA BHD 12/93 Furniture factory
SOON H. LEE 08/90 Teak
SOPHIA INDUSTRIES 02/89 Fishery $2.9 mil
UNITED COMMUNICATIONS INDUSTRY
- Co-Owned by DELCOM
- Co-Owned by SRI UTHONG GRP
- Co-Owned by NOVA CORP (Can)
- Co-Owned by ENNEL (Italy)
- 01/95 Fibre-Optics Cable Plant
- with LEADER CABLE 30%,
- Cap Co 30%, and
- SLORC 10%
Y.T.L.CORP via E & O EXP (UK)
YUNUS H.J.Shamshuudeen via S.Y.HOLD
NEPAL:
NEPAL AIRLINE Airline
PAKISTAN:
EASTERN SHIPPING 5-Star Line agent
PAKISTAN ARMY 06/95 Army Visit
PAKISTAN ORDNANCE 03/89 Arms
SINGAPORE:
A.E.A. INT'L PTE 03/95
A.L.G.AEROLEASING FAR EAST 1988
- Owned by A.L.G.AEROLEASING (Fr)
ACE PRESSUREWELD 02/90 Steel Prod
APPLIED INVEST 06/94 Tourism
- 03/94 via SWAN INVESTMENT
ALLIED MOTOR via VOLVO SERVICE
ALLIED ORDNANCE 10/88 Arms
AMBUR INT'L (S)
ASIA-PACIFIC BREW 04/94 $30 mil
- Co-Owned by HEINEKEN (Holland)
- Co-Owned by FRASER & NEAVE
Aye Zaw Win via MOTIWALLA
AYEYAR COOP MARINE PROD Marine Prod
- Co-Owned by SINMIAN INVEST
- Co-Owned by Ayeyawaddy Div Coop
B.S.A.TRANSPORTATION 5-Star Line Rep
BAN HIN CO 12/91 $0.8 mil
BANGNA COMPANY 01/92 Showroom
BORNEO COMPANY 06/92 Trade
BRENNAN COMPANY 1987 Weapons system
C.D.C. CONSTR/DEV 01/91 Labourers
C & P HOLD 06/95 Container Terminals
CASTROL SINGAPORE 03/92 Lubricants
CENTURY MOTORS 01/90 $2.3 mil
- via MYANMAR CENTURY MOTORS
CHANDARIA GRP via METCHEN ENG SERV
CHARTERED INDUSTRIES 10/88 Arms
DEV BANK OF S'PORE 08/92 Seminar
E.C.I.MINERALS 02/91 Barite Powder $3.2 mil
EASTBOURNE CHEMICAL Gift $0.3 mil
ECONOMIC DEV BOARD 05/93 Visit
ESSO S'PORE 06/95 Esso Oils
FIAT INT'L 03/95 Trade Fair
FOONG SUN SHIPPING
FRASER & NEAVE via A-P BREW
GENERAL HOTELS MGMT 1992
GESTETNER (S) PTE
- with U.E. MYANMAR (S) PTE
- 05/95 Gestetner Grand Fair
GLAXO ORIENT 06/95 Gift $0.04 mil
GLOBE MYANMAR RESOURCES Bldg
- with GUTHRIE G.T.S.
- with Yangon City Dev Ctee
- 04/95 YANGON GRAND PLAZA
GOLD STAR Animal Feed
GOLDEN GLORY
- 02/90 Toshiba Products
- 10/90 Konica Products
- 08/93 TVs, etc
GROUP SCHNEIDER OF S'PORE
- with K.J.S. International
- with PROLUX INT'L PTE
- with PHILIPS OF S'PORE
- 06/95 Electrical technology
GUTHRIE G.T.S. Construction
- with GLOBE MYANMAR RESOURCES
- with Yangon City Dev Ctee
- 04/95 YANGON GRAND PLAZA
H.G.S. 09/91 Oil/Gas Surveys
HAW PAR TRADING 1989
HIGHSONICS 02/93 via M-AIRWAYS INT'L
- 02/93 Co-Owned by Q.A.F.
- 02/93 Co-Owned by OEI HONG KEONG
HSING CHAIO TRADING 02/89 Trade $1.1 mil
HURPER CO 07/89 Arms
HYPENS MARKETING/TECH SERVICES
- 06/95 Gift for Blind $0.02 mil
INCHCAPE MKT GRP OF S'PORE
- 06/95 Gift - Leprosy $0.05 mil
INOTECH INDUSTRIES 03/91 Import-export
INTRACO 09/94 via SMILE
J.K. PTE LTD 04/92 GESTETNER
JOB CENTRE LTD 01/92 Labour Import
JOO TAT HANG TRADING 1990 Mango
KEN AIR 09/94 via SMILE
KEPPEL BANK Rangoon Office
KEPPEL CORP 12/94 Investment Fund $30 mil
KEPPEL GROUP 09/94 via SMILE
KOMATSU via KOMATSU S'PORE
KOMATSU S'PORE 05/95 Office
KUOK GROUP 03/94 SHANGRI-LA $150 mil
LAMBIR CO 02/94 Furniture Factory
LIAN HUAT SHIPPING
LIANG COURT 04/94 Hotel $12 mil
MacCOM ADVERTISING (S)
- 02/95 Advertisement for Tourism
MAP CONSULT 06/95
- with JAPAN INT'L COOP AGENCY
- with LEICA (Swiss)
- with GEOCOMP MYANMAR
- Modern Land Survey Methods
METCHEM ENGINEERING SERVICE
- Subsidiary of CHANDARIA GROUP
- 02/95 Zinc Sheet with MARUBENI
MOTIWALLA ENTERPRISE 02/90 Trade
MYANMAR P.L.INT'L 1994 Prawn Farm
MYANMAR AIRWAYS INT'L 05/93
MYANMAR CENTURY MOTORS 01/90
- Subsidiary of CENTURY MOTORS
MYANMAR (S) PTE LTD 07/94 Computers
MYANMAR GOLDEN PEARL Show Room
MYANMAR LASER WORLD Show Room
- 09/94 Owned by YOUR BEST (S)
MYANMAR LEADING LOGISTICS 09/90 $3.7 mil
- Subsidiary of S.K.S. MARKETING
MYANMAR MEDIA INT'L 05/94 Advertising
- 70% owned by TAN CHING KOON
MYANMAR MOTORS 1994 Used Motors
MYANMAR SINGAPORE INT'L Dept Store
- Gift - Leprosy $0.08 mil
- Subsidiary of S.K.S. MARKETING
MYANMA YAUNG CHI OO CO LTD 01/94
- Co-Owned by YAUNG CHI OO
- Co-Owned by Myanma Foodstuff Industries
N.C. WOODWORK 09/89 Doors $0.8 mil
NANYANG TECHNOLOGICAL UNIV
- 06/95 Business Study Mission
NATSTEEL 09/94 via SMILE
NATSTEEL TRADE 09/90 Hardware
NAWARAT LAND 01/94 Nawarat Hotel $10 mil
OVERSEAS CHINESE BANKING CORP '94 Office
P.A.E.SINGAPORE 09/91 Oil Service
- Subsidiary of P.A.E.(USA)
- 11/90 Rangoon Office
P.D.INT'L 09/94 via SINMARDEV
P.L.INT'L 12/94 Zinc Sheet
- Joint venture with MITSUI
P.M.K. PTE via P.M.K. CO (K)
PACIFIC SEED 02/90 Agriculture
PARISON INT'L 06/95 Tourism
PHILIPS OF S'PORE
- Subsidiary of PHILIPS
- with K.J.S. International
- with PROLUX INT'L PTE
GROUP SCHNEIDER OF S'PORE
- 06/95 Electrical technology
PHILIPS MEDICAL SYSTEMS(ASIA)
- Subsidiary of PHILIPS
- 06/95 Magnetic Resonance Imaging
PIDEMCO LAND 07/94 via YANGON INVEST
PLANNERS & ENGINEERS
POKKA CORP(S) 06/95 $0.03 mil
- to Myanmar Red Cross film
PROLUX INT'L PTE
- Subsidiary of PROLUX (USA)
- with K.J.S. International
- with PHILIPS OF S'PORE
- with GRP SCHNEIDER OF S'PORE
- 06/95 Electrical technology
Q.A.F. 02/93 via HIGHSONICS
R.S.P.ARCHITECTS 09/94 via SINMARDEV
REGIONAL HOTELS via SUMMIT PARKVIEW
- Co-Owned by S'PORE TECHNOLOGIES
- Co-Owned by LIANG COURT
- Co-Owned by TIMAS
ROTHMANS OF PALL MALL MYANMAR
- Owned by ROTHMANS MYANMAR
- 12/94 Cigarette factory
S & B SHIPPING 06/94 partner of UPS
S.M.B.HOLDING (S) 01/95 Visit
ST. CONSTRUCTION 06/95
- Mandalay Airport $357 mil
- Subsidiary of S'PORE TECHNOLOGIES
S.K.S. MARKETING 08/89 Trade $7.7 mil
SANMAS TRADING 01/93
SEAMONT INDUSTRIES via S.M.I.(K)
SEAWITE CO 04/90 Fish
SHANGRI-LA INTERNATIONAL STRAITS
SHENGLI HOLDINGS 10/88 via ALLIED ORDN
SIAM SYNTECH CONSTR 09/94 $ 0.5 mil
SILK AIR 1993 Airline
SINGAPURA UNITED TOBACCO10/90
- Cigarette Factory $1.5 mil
SINGAPORE
- 10/88 via ALLIED ORDNANCE
- 10/88 via CHARTERED INDUSTRIES
- 10/88 via SHENGLI HOLDINGS
- 08/93 Economic Mission
- 04/94 Tech Asst Fund $3 mil
- 04/95 Trade Mission
- 06/95 Economic Agreement
SINGAPORE AIRLINES
- 08/91 via TRADEWINDS
- 09/94 via SMILE
S'PORE MYANMAR INT'L LEISURE
ENTERPRISE 09/94 Tourism
- Co-Owned by INTRACO
- Co-Owned by KEN AIR
- Co-Owned by KEPPEL GROUP
- Co-Owned by NATSTEEL
- Co-Owned by S'PORE AIRLINES
- Co-Owned by S'PORE BUS SERVICE
- Co-Owned by STRAITS STEAMSHIP LAND
S'PORE TECHNOLOGIES INDUSTRIAL CORP
- via REGIONAL HOTELS
- via S.T.CONSTRUCTION
SINMARDEV 09/94 Constr
- Co-Owned by P.D.INTERNATIONAL
- Co-Owned by PLANNERS & ENGINEERS
- Co-Owned by R.S.P.ARCHITECTS
S'PORE BUS SERVICE 09/94 via SMILE
S'PORE PARAMEE 06/90 Sales Centre
SINMIAN INVESTMENTS 05/94 via AYEYAR
STRAITS STEAMSHIP LAND
- Subsidiary of KEPPEL CORP
- 03/94 Hotel in Mandalay $50 mil
- 09/94 via SMILE
STRAITS GREENFIELD 01/94 Hotel $27 mil
- Subsidiary of KEPPEL CORP
SOCIETE GENERALE (S) 04/95 Licence
SUM CHEONG RESOURCES 08/95 Explore
- partners with IVANHOE MYANMAR(Can)
SUMMIT PARKVIEW HOTEL $40 mil
- 06/95 Owned by REGIONAL HOTELS
SUPRA (S) 09/94 via M-GOLDEN PEARL
SWAN INVESTMENTS Mandalay Hotel $3 mil
- Owned by ALLIED INVESTMENTS
SYSTEM BILT CO Park View Hotel $18 mil
- Co-Owned by C.D.C.CONSTR & DEV
T.T.IMPORT EXPORT via S'PORE PARAMEE
TECHMAT HOLDINGS
TIMAS via REGIONAL HOTELS
TONG TAH CO (S) 03/95 Sales room
TOSHIBA SINGAPORE
- Subsidiary of TOSHIBA
- 06/95 Gift - Leprosy $0.2 mil
TRADEWIND AIRLINE 08/91 Office
TRANSICOM
- 1989 Animal Feed $0.25 mil
- 02/90 Fish Farm
TURNKEY CONTRACTS & CONSULTANCY
YANGON INVESTMENT 07/94 Hotel $30 mil
- Subsidiary of PIDEMCO LAND
YANGON WOOD INDUSTRIES Factory
YAUNG CHI OO TRADING 01/94 Beer
YOUR BEST (S) 09/94 Laser disks
U.E. MYANMAR (S) PTE
- with GESTETNER (S) PTE
- 05/95 Gestetner Grand Fair
UNICORN INT'L HOTEL 1994
UNITED INT'L 01/94 Duty Free Shop
UNITED OVERSEAS BANK 11/93 Licence
VOLVO SERVICE CENTRE 03/95
- Co-Owned by ALLIED MOTOR CORP
- Co-Owned by Myanma Heavy Industries
SWITZERLAND
KARAWEIK S.A. 1962 Mfg Goods
LEICA 06/95
- with JAPAN INT'L COOP AGENCY
- with GEOCOMP MYANMAR
- with MAP CONSULT(S)
- Modern Land Survey Methods
PILATUS FLUGZEUGWERKE 1990 Aircraft
SAMOURAI S.A. 1962 Pearls/Gems
UNION BANK OF SWITZERLAND
- 11/90 Credit Facility $8 mil
WORLD ECONOMIC FORUM 04/95 Visit
ITALY:
ENNEL CO 01/95 via UNITED COMM(M)
- see ITALTHAI DEVELOPMENT
- see ITALTHAI INDUSTRIAL CO
FIAT via FIAT INT'L PTE
GASTAIDI & CO 5-Star Line agent
TRADE COMMISSION 01/95 Visit
NORWAY:
BOBO INDUSTRIAL WORKING GRP
KIRKLAND S.A. 1989 via KIRKLAND(UK)
- 1993 bought by DRAGON OIL(Eire)
NORCONSULT 1994 ADB Study
PHILIPPINES:
CHIN SU via C.S.-Mayflower
CHIN SU-MAYFLOWER
- Co-Owned by CHIN SU CO
- Co-Owned by Mayflower Trading
- 06/95 Plywood Factory, Pegu
PHILIPPINES 10/92 Economic Agreements
SAN MIGUEL CORP 06/95 Visit
SWEDEN:
BOFORS 10/90 Koncar patrol boats
EDWARD HULTEN 06/95 Timber
FFV via CHARTERED INDUSTRIES(S)
NOBEL INDUSTRIES via ALLIED ORD (S)
VOLVO via ALLIED MOTOR (S)
LAOS:
LAO ARMY 06/95 Army visit
POLAND:
POLAND 12/90 Attack helicopters
THAILAND:
A.J.D. GEM DEALER 04/91 Gems
A.K.S.CO 07/95 Trading
ACCOR ASIA PACIFIC 01/94 Hotel Sofitel
ADVANCED COMMUNICATIONS
- 07/94 Telephone Directories
AGRICULTURE MINISTRY 09/92 Tech Aid
AIR PEOPLE TOUR 11/93 Tourism
AMARI GROUP 03/95 Hotel $12 mil
- Owned by ITALTHAI DEVELOPMENT
ANANDA TOURS via ROYAL ORCHID AIR
ASIA INT'NL TRANSP 04/93 Tourism
ASIAN HONDA MOTOR via YANGON HONDA
B & F ENTERPRISE 04/90 Timber $10 mil
B.U.T.HOLDING via CENTRAL FLOATING
BAIYOKE
- Owned by THEIN PE, Robert $10.5 mil
- 10/92 Jade Pavilion Hotel
- 04/93 Kandawgyi Hotel
BANG SAPHAN SAWMILL 1993 Timber
BANGKOK AIRWAYS 08/93 Charter
BANGKOK BANK 1995 Office
BANGKOK BANK via THAI COUT
BANGKOK CONTAINER LINE Shipping
BANGKOK OPTICAL 01/90 Spectacles
BANK OF AYUDHYA 12/94 Office
BERLI JUCKER 04/93 Rgn Office
BURAPHA COAL
- 11/90 Coal Mining
- 1993 Timber
CENTRAL FLOATING HOTEL 01/94 $10 mil
- 80% owned by CENTRAL HOTEL GROUP
- 20% owned by B.U.T.HOLDING CO
CENTRAL HOTEL via CENTRAL FLOATING
CHAITHANASAN 1993 Timber
CHAOPHRAYA & IRRAWADDY 08/93 Timber
CHARIN NUKORNAVARAT via GLOBAL
CHAROEN POKPHAND via PETRO-ASIA
CHIANGRAI ELECTRICITY AUTHORITY
- 04/94 Electricity Sale 5 yrs
CHIRATHIVAT via CENTRAL
CHOKEPANA 1993 Timber
CHUMTHONG SAWMILL 1993 Timber
CITIBANK (Thai) 02/94 DinersCard
CITY REALTY via THAI COUT
CONSUMER IMAGING MARKETS
INDOCHINA Owned by EASTMAN KODAK
- 11/93 Express Colour Labs
DINERS CLUB (Thai) 02/94 DinersCard
DIETHELM TRAVEL Tourism
- via 01/95 INSIGHT MYANMAR
E.P.G.TRAVEL 06/95 Tourism
EDEN GROUP 07/91 Garment
EPSON ELECTRONICS
- Subsidiary of SAHAVIRIYA O.A. GROUP
- 02/93 appointed INCHCAPE agent
FLYING SERVICE 11/93 Charter
FOREST INDUSTRY ORGAN 1993 Timber
G.C.N.HOLDINGS
- via GENERAL MYANMAR CONSULTANTS
G.E.THAILAND 12/92 Marketing
- Owned by GENERAL ELECTRIC
GEM & JEWELRY TRADERS
GENERAL FISHERIES 02/93 Marine prod $5 mil
- Subsidiary of T.B.E. COMPANY
GENERAL MYANMAR CONSULTANTS 04/94
- Co-Owned by G.C.N.HOLDINGS
- Co-Owned by SIAM COMMERCIAL BANK
- Co-Owned by UMEHC
GLOBAL GROUP via AIR PEOPLE
- Owned by CHARIN NUKORNAVARAT
HANSAWADDY FISHERIES 07/95 Prawn Farm
- Co-Owned by HINTHAR MINN CO
- Co-Owned by Myanmar Fisheries
HINTHAR MINN CO via HANSAWADDY
INDIES ENTERPRISE 11/90 T-shirts
INDUSTRIAL FINANCE CORP OF THAILAND
- via THAI FACTORY DEVELOPMENT
INSIGHT MYANMAR TOURISM
ITALTHAI DEVELOPMENT
- via AMARI GROUP
- via PAGAN ORIENTAL
ITALTHAI INDUSTRIAL
- via EASTERN & ORIENTAL EXPRESS
J.V.CONTROL 04/94 Tourism Study
J.V.O. 09/92 Fishery
JANSOM HOTEL 04/93 Tourism
KHAN SAWMILL 1993 Timber
KOR NANTHMANOP SAWMILL 1993 Timber
KRUNG THAI BANK 1993 Office
L.P.HOLDING INTERNATIONAL
- Owned by LERTSAK NOPBURANON
- 10/94 Hotel Sofitel $60 mil
- 11/94 Office Tower
L.P.INTERNATIONAL 11/94 Gloves $1.6 mil
- Owned by LERTSAK NOPBURANON
L.P.LEATHER 1981 Leather
- Owned by LERTSAK NOPBURANON
L.S.GROUP via RENOWN
- Owned by LERTSAK NOPBURANON
LERTSAK NOPBURANON via L.S./L.P.
MAE MOEI LOGGING 1993 Timber
LOXLEY 04/94 Jewelry:
LOXLEY 12/94 Cell Phone:
- With NORTHERN TELECOM (Can)
LOXLEY MYANMAR 04/94 Trade
LOXLEY PUBLIC CO 01/95 Visit
MAE SOT PANAKIJ 1993 Timber
MAGIC PRODUCTION CO (T)
- 02/95 Advertisement for Tourism
MANDALAY MYANMAR TOURS 01/90
- Co-Owned by SKYLINE TRAVEL
- Co-Owned by M-Hotel/Tourism
MARS & CO 12/88 Fishery $3 mil
MYANMAR P.P.FISHERY INDUSTRIES
- Co-Owned by P.P.BANSUAY CO
- Co-Owned by Fisheries Dept
- 06/95 Fishery Project $7 mil
MYANMAR INPEX AGRI-LIVESTOCK 07/95
MYANMAR INT'L MOVING 1989
MYANMAR NARONG FISHERY INDUSTRIES
- 04/95 Canning Factory $20 mil
- 40% owned by Dept of Fisheries
- 60% owned by N.C.C.ASIAN FISH
MYANMAR O.N.K.FISHERIES
MYANMAR PEPSI PRODUCTS
- 05/95 40% owned by SERMSUK
MYANMAR RICE ENGINEERING SUPPLY
- Co-Owned by RICE ENGINEERING SUPPLY
- 10/89 Co-Owned by M Agri Prod Trading
- 11/91 Machinery $3 mil
MYANMAR V.E.S.JT.VENTURE
- 48% Owned by V.E.S.GROUP
- 52% Owned by M-Gems Enterprise
- Gem Factory/Airport Shop
MYANMAR WEST 07/95 Mining
NARONG CANNING 09/92 Fishery
N.C.C.ASIAN FISHERIES via M-NARONG
N & N CO 1993 Timber
O.N.K. MINING & CONSTR
- 07/93 Plywood Factory $24 mil
- 01/94 Contracts $700 mil
- Mae Sai Dam 25 MW
- Nam Kok Dam 100 MW
- Mong Yai-Kengtung H-way
- Thiwala Port
- 03/94 via M-O.N.K. FISHERY
OCEAN FOOD 09/92 Fishery
ORIENT TOURS Cruise
- MV Daphne Round the World
ORIENTAL HOTEL via PAGAN ORIENT
P.A.E.THAILAND 09/91 Oil Service $10 mil
- Subsidiary of P.A.E.(USA)
P.P.BANSUAY via MYANMAR P.P.FISH
- Co-Owned by BANSUAY CONSTR
- Co-Owned by INT'L FISHERIES INDUSTRY
P.P.GROUP via VITAVAS
PAGAN ORIENTAL HOTEL (?)
- 25% Co-Owned by MANDARIN ORIENTAL
- 25% Co-Owned by ITALTHAI DEV
- 50% Co-Owned by ORIENTAL HOTEL
PADAENG INDUSTRY 10/90 Mining
PAKNAM FISHERIES 09/92 Fishery
PATHUMTANI SAWMILL 07/92 Timber
PETRO-ASIA Retail Oil
- 35% owned by CHAROEN POKPHAND
- 35% owned by PETROLEUM AUTHORITY
- 30% owned by SINOPAC (China)
PETROLEUM AUTHORITY via PETRO-ASIA
PETROLEUM AUTHORITY
- 01/90 10% of UNOCAL $7 mil
- 02/92 Oil Explore $3.8 mil
- 06/93 30% of TOTAL
- 09/94 Yadana Gas $400 mil/yr
- 09/94 Yetagun Gas (?)
PHOLASITH TUK-TUK
- 03/90 Tuk-Tuk Factory $4.7 mil
PHONPANA CO 07/93 Timber
PIONEER VENTURE 07/95 Wood Products
PORNCHAI RANONG 09/92 Fishery
RENOWN LEATHERWEAR
- Subsidiary of L.S.GROUP
- 11/94 Novotel Mandalay $24.5 mil
RICE ENGINEERING SUPPLY
- via MYANMAR RICE ENGINEER
ROJANA INDUSTRIAL PARK 06/95 Visit
ROONG SIAM MINING 07/95 Mining
ROYAL ORCHID AIR 07/93 Charter $0.4 mil
- Co-Owned by ANANDA TOURS 20%
- Co-Owned by TRITHAM AIR SYSTEM
S.S.P. GROUP via SIAM SYNTECH
SAHA PONGSIRI 11/90 Lead $0.1 mil
SAHA PORNSRI 06/90 Retail Trade
SAHAVIRIYA O.A. GRP via EPSON
SAMART INT'L 07/95 Telecom
SANFOCO WOOD INDUSTRIES
- 06/95 Furniture Factory
- Co-Owned by SANTI FORESTRY
- Co-Owned by Myanma Timber Enterprise
SANTI FORESTRY via SANFOCO
SEA EXPLOR/MINING 02/90 Tin $54 mil
SEA EXPLOR/MINING 06/90 Tin $38.6 mil
SERMSUK via M-PEPSI
- 05/95 43% owned by PEPSICO
SHINAWATRA INT'L 07/95 Telecom
SIAM CEMENT 03/93 Study
SIAM CITY BANK 08/94 Office
SIAM COMMERCIAL BANK
- via GENERAL MYANMAR CONSULTANTS
SIAM EXPRESS 12/94 Tourism
SIAM SYNTECH 03/95 Hotel $64 mil
- Traders Hotel owned by KUOK GROUP (S)
SIAM SYN owned by S.S.P. GROUP
SILA INTERNATIONAL 1993 Timber
SIN PETCHRATNA 09/92 Fishery
SIRICHAI FISHERIES 02/89
SKYLINE SHIPPING 5-Star Line agent
SKYLINE TRAVEL
- Agent for MANDALAY MYANMAR TOURS
SONGSERM INT'L
- 08/90 Grains for Brewery $20 mil
- 08/90 Brewery $15 mil
SOONGTHAI CONSTR 04/90 Tin $13 mil
SOPHONPANICH FAMILY
- via CITY REALTY
- via BANGKOK BANK
SRI U-THONG GROUP
SRIDENCHAI 1993 Timber
STATE RAILWAY 08/92 Rail link
SUK-UAH-ANANT 04/93 H-way $13 mil
SUKAWMA 04/90 Fishery
SUWANNEE INDUSTRIAL 1993 Timber
T.B.E. CO via GENERAL FISHERIES
TALAY THONG PATANA 09/92 Fishery
THAI AIRWAY INT'L Airline
THAI BURMA 09/92 Fishery
THAI COUT 12/94 Hotel $28 mil
THAI FACTORY DEV 05/93 Study
- Owned by IND FINANCE CORP
THAI FARMERS BANK 04/94 Office
THAI INDUSTRIAL CONNECTION
THAI MILITARY BANK 1994 Office
THAI-MYANMAR 09/92 Fishery
THAI-MYANMAR FISHERIES 04/90
THAI PHONG SAWMILL 06/95 Timber
THAI PRESIDENT FOODS 04/93 Vermicelli
THAI SAWAT 06/95 Timber
THAI SOUTHERN INVESTMENT
THAI TIMBER FEDERATION 06/93 Timber
THAILAND
- 11/94 Tech Aid $0.8 mil
- 11/94 Mae Sod Bridge $4.6 mil
THEIN PE, Robert via BAIYOKE
THIP THARN THONG
- 01/89 Fishery $3.8 mil
- 10/92 Timber
TRITHAM AIR via ROYAL ORCHID AIR
TRIUMPH INTERNATIONAL 06/95
- Production/marketing in Rgn
UNION FARM ENG 11/90 Hotel $10 mil
UNION PAR 04/93 Timber
UNITED FOODS 09/94 Snacks
VALUE INDUSTRIES 02/90 Garment $ 1 mil
V.E.S.GROUP 08/92 Gems
- Owned by VIKROM AISIRI
- via MYANMAR V.E.S. JOINT VENTURE
- 04/95 Andaman Club Hotel $24 mil
VIKROM AISIRI via V.E.S.GROUP
VITAVAS INT'L 1989 Hotel $10 mil
YANGON HONDA 06/95 Sales Centre
- Owned by ASIAN HONDA MOTOR
World Wide Web
``BURMA ALERT''
Home Page
http://sunsite.unc.edu/freeburma/ba/ba.html
Back issues available at:
http://sunsite.unc.edu/freeburma/freeburma.html
E-mail: yawnghwe @ hookup.net
Fax: 1 (819) 647-5403
Telephone: 1 (819) 647-5405
PORTUGAL:
IND NACIONIAS DE DEFENSA 11/92 Arms
RUSSIA:
AEROFLOT Airline
SPAIN:
TAUGRES CERAMIC TILES (Sp)
- 02/95 via Nan Aung Trading
SRI LANKA:
CEYLON SHIPPING 5-Star Line agent
YUGOSLAVIA:
YUGOSLAVIA 08/90 Aircraft
- 10/90 `Koncar' Patrol boats
U.S.A.:
AMERICA WORLDWIDE EXPORT Auto parts
AMERICAN EXPRESS 10/74 Amex Card
- Corres Bank of M-For.Trade Bank
- Corres Bank of M-Inv.Com Bank
AMERICAN MUSEUM OF NATURAL HISTORY
- 1995 Sponsored Tourist Flight
AMERICAN STANDARD 10/94 Study
APEX DEVELOPMENT Consultants
AMOCO MYANMAR 01/90 Rgn Office
ARVIN INT'L Trade
ASIAN PACIFIC ADVENTURES 09/95 Tourism
ATLANTIC RICHFIELD 10/94 Visit
B.J.SERVICE INT'L 10/91 Rgn Office
BAKER HUGHES INTEQ 05/91 Rgn Office
- former EASTMAN CHRISTENSEN CO
BANK OF AMERICA
- Corres Bank of M-For.Trade Bank
BANKERS TRUST
- Corres Bank of M-For.Trade Bank
BATES MYANMAR 1994 Advertising
BOLDER ADVENTURES 02/94 Tourism
CALTEX
- 50% Owned by TEXACO
- 50% Owned by CHEVRON
- 02/95 Yetagun Gas Sales
- 1995 Rangoon Office
CATERPILLAR ASIA via M-TRACTOR
CARSON INDUSTRIAL Rgn Office
CHASE MANHATTAN BANK
- Corres Bank of M-For.Trade Bank
CHEVRON via CALTEX
CITIBANK (NY)
- Corres Bank of M-For.Trade Bank
- Corres Bank of M-Inv.Com Bank
COLUMBIA UNIVERSITY 1993
- SCHOOL OF MEDICINE specialists
CUNARD SHIPS HOTEL RESORT
- 01/95 Cruise Ships
- 03/95 MS Royal Viking Sun
D.H.L. 1994 Courier
DEAN HARDWOODS INC Teak
DeGOLYER & MACNAUGHTON
- Petro Reserve Engineers/Yadana
DETACHMENT 101 VETERANS
DEVON (MYANMAR) 10/91 Rgn Office
DISNEY 04/94 Marketing
DOWELL SCHLUMBERGER EASTERN
DRILLING FLUIDS INC 05/91 Office
- former MILPARK DRILLING FLUIDS
EAST ASIA GOLD CORP
- part.with PACIFIC ARC EXPLORE(Aus)
- 08/95 Gold Block 8 (Popa)
- 08/95 Copper Blks 13/14 Thabeikkyin
EASTMAN KODAK via C.I.M.(Thai)
ESSO via ESSO S'PORE
FAR EAST STUDIES INSTITUTE Consultant
FRIENDSHIP AIRBOURNE TOURS 1995
GECO GEOPHYSICAL 08/90 Office
GENERAL ELECTRIC via G.E.(Thai)
GILLETTE CO
GRANT NORPAC 06/91 Rgn Office
HARVARD INST FOR INT'L DEV
HALLIBURTON CO 04/91 Office
HALLIBURTON GEOPHYSICAL SERVICE
HILTON INT'L HOTELS Tourism
- 06/95 with PARISON INT'L(S)
HIMALAYAN TRAVEL 1994 Tourism
HOME SHOPPING CLUB 09/93 Gems
I.B.M. WORLD TRADE CORP
INTERDIGITAL COMMUNICATIONS CORP
LOMA LINDA UNIVERSITY
M.M.A.INVESTMENTS
- Subsidiary of MIRIAM MARSHALL ASSOC
- via PEREGRINE CAPITAL(HK)
MAXUS ENERGY CORP
McCANN ERICKSON ADVERTISING
- Affiliate: Sann Aung Imaging
MEKONG TOURS 09/95 Tourism
MIRIAM MARSHALL ASSOCIATES
- 06/90 Fishery $74 mil
- via M.M.A.INVESTMENTS
MYANMAR CONNECTION RESORT Tourism
MYANMAR TRACTORS 04/95 Office
NATRABU INDO-AMERICA TRAVEL
NEW HORIZONS TRAVEL/TOURS
NORTHWEST ORIENT Airline Office
OILTOOLS LTD 03/92 Office
ORAL B via GILETTE CO
ORAL B via EAST ASIATIC
P.A.E. via S'pore & Thai
PAN AMERICAN MYANMAR 04/91 Office
PAN AMERICAN PHARMACEUTICALS
PARKER DRILLING CO 06/90 Office
PEARL CRUISES 10/93 Tourism
PEPSI COLA PRODUCTS MYANMAR
- 03/90 Rangoon Office
- 04/90 Bottling Plant $1 mil
- 02/95 Bottling Plant $10 mil
PHOENIX ENGINEERING Bldg Mat
PIER ONE Garments
POLY TECHNOLOGIES ONE
PRATT RYAN OILFIELD SERVICES
PROLUX via PROLUX INT'L (S)
RADISSON SEVEN SEAS CRUISE
- 10/93 Tourism
- 02/95 MV Song of Flower
REGENCY CRUISES 1994 Tourism
RIGGS BANK 04/95 Chair Visit
ROTHMAN'S OF PALL MALL via S'PORE
SANTA FE ENERGY RESOURCES
SCHLUMBERGER OVERSEAS 05/90 Office
SEARS ROEBUCK 08/93 Garment
SMITH INT'L 08/91 Oil Service/Office
TEAK IMPORTS INT'L 10/93 Sculpture
TEXACO 02/95 via CALTEX
TEXACO EXPLORATION MYANMAR
- 05/90 50% of PREMIER M-13/14
- 01/92 Rangoon Office
- 09/92 Portion PREMIER M-12
- 02/95 Portion M-10 Explore
THE LIMITED 09/93 Garments
TRITON ENERGY CORP Visit
U.S.INFORMATION AGENCY via U of NC
UNIV OF N.CAROLINA 06/95 MBA Program
UNITED PARCEL SERVICE 06/94
UNOCAL MYANMAR Gas Pipeline
- 04/90 Rangoon Office
- 04/93 47.5% of TOTAL M-5/6
VAN HEUSEN 1993 Garment
WAL-MART 08/93 Garment
WATANA TRADING 05/89 Office
- 1994 Granite/Crushed Rock
WATANA TRADING U.S.A. 05/89 Office
WESTERN ATLAS INT'L 08/90 Office
WILSON SPORTING GOODS
ZIN INT'L Rice/Beans
BURMA ALERT
Fax: 1 (819) 647-5403
Tel: 1 (819) 647-5405
E-mail: yawnghwe @ hookup.net
BURMA'S ECONOMY
(Burma's) economy desperately needs foreign aid and investment to bloom...(SLORC) has approved foreign-investment projects worth $3 billion since it decided to open up the country, and the influx of capital has helped get the economy moving again.... (But) the recent investment boom could run out of steam.... (SLORC) simply does not have the resources to do everything that needs to be done. We've reached a plateau, says one Burmese businessman. I can't see things getting much better until we get foreign aid.
Far Eastern Economic Review
Gordon Fairclough, 31 Aug.95
***************
Foreign investment is growing... (But) foreign investment figures are
deceptive. SLORC never speaks about the amounts actually invested and
promised.... With a currency that has a fixed rate of approximately Kyat 6 to
US$1 and a blackmarket value of approximately 110 to 1 and with inflation a
constant, the kyat has no real value; with Burma's international debt
estimated at US$5.5 billion, its debt service obligation at approximately
US$1 billion and its foreign exchange reserves reported at a half billion,
Burma is not in a position to allow a free market to exist. Also, with
Burma's inability to borrow money from the World Bank and other international
institutions, it cannot raise funds in large amounts through normal banking
channels and thereby is limited in its ability to stabilize the currency....
It also is limited in making
investments on long-term infrastructure projects such as power plants, water
projects, roads and commercial transportation.... According to the ADB Annual
Outlook (April 1995) industrial growth slowed in 1994; an IMF report in
November 1994 indicated a continuous decline in foreign investment from 1990
to 1993; more important, it found a shift from capital to consumer goods in
imports and this is reflected by the growing number of hotels, karaoke bars
and department stores.... suggesting little or no growth in secondary
industries.... Given this pattern, Burma resources are not fueling
industrialization and long term growth.... the backing of small
friendly nations and tourism will not be enough to overcome the problem.
Dr Josef Silverstein, 7 Sep.95
Professor Emeritus, Rutgers University
Testimony before U.S. Congress
FOREIGN INVESTMENTS
``Foreign investors should realise there can be no sustained economic growth and
opportunities in Burma until there is agreement on the country's political
future. You can't sustain economic development without peace and stability,
and to have peace and stability there must be trust, and that is one thing
that is lacking.''
Aung San Suu Kyi
Sydney Morning Herald, 4 Sep.95
Testimony
U.S. CONGRESS - HOUSE COMMITTEE
ON INTERNATIONAL RELATIONS
Subcommittee on Asia and the Pacific
September 7, 1995
``A further entrenchment of the current military government...could occur if
SLORC succeeds in attracting increased international investment and economic
assistance and, as a result, finds less need to respond to calls from the
international community for fundamental change.... Even while Burma's most
prominent democracy leader has been freed, the overall human rights situation
in the country is worsening.''
Holly Burkhalter
Human Rights Watch
``In the absence of genuine political reforms in Burma, we do not believe it is
appropriate to resume development assistance, restore GSP benefits or resume
Eximbank and OPIC programs. Of greatest impact, we will also continue to
oppose lending from the international financial institutions and seek, with
other friendly governments, to maintain our informal arms embargo.''
Kent Wiedemann
Deputy Assistant Secretary of State
Bureau of East Asian and Pacific Affairs
US State Department
``The U.S. should do more; the Congress and the President should call upon the
American business community and businesses in other democratic states to
voluntarily halt their investments, grants and loans to Burma, until
democratic government is restored and human rights are recognized. All
businesses will not comply, but many of the larger ones will respond if they
are convinced that it is in the national interest.''
Dr. Josef Silverstein
Professor Emeritus, Rutgers University
BURMA ONLINE
``BurmaNet News''
Subscription: majordomo@igc.apc.org
Editor: strider@igc.apc.org
**************
World Wide Web
``BURMA ALERT''
http://sunsite.unc.edu/freeburma/ba/ba.html
``FreeBurma''
http://sunsite.unc.edu/freeburma/freeburma.html
``BurmaWeb''
(Back Issues of BurmaNet News as .txt files)
http://www.uio.no/tormodl
**************
Gopher
``Burma''
csf.colorado.edu.
Look under the International Political Economy section, then
select Geographic Archive, then Asia, then Burma.
**************
Pepsi Boycott Campaign
wcsbeau@superior.ccs.carleton.ca
**************
Corporate Shareholder Campaigns
frdc@igc.apc.org - Attn.S.Billeness
**************
Tourism Campaigns
bagp@gn.apc.org - Attn.S.Sutcliffe
**************
Some E-mail Addresses:
AGIR ICI - INFO BIRMANIE (France)
- agirici @ globenet.gn.apc.org
BURMA ALERT - yawnghwe@hookup.net
BURMA CENTRUM NEDERLANDS
BURMESE RELIEF CENTRE - JAPAN
DEMOCRATIC BURMESE STUDENTS ORGN
DEMOCRATIC VOICE OF BURMA RADIO
H.R.WATCH/Asia - hrwatchuk@gn.apc.org
NATIONAL COALITION GOVERNMENT OF
THE UNION OF BURMA - ncgub@igc.apc.org
NORWEGIAN BURMA COUNCIL
OLOF PALME CENTRE - jhodann@nn.apc.org
OPEN SOCIETY - maungthwin@sorosny.org