New Myanmar investment law is the ‘right move’

The new law, a consolidation of existing Myanmar Citizen Investment Law and the Foreign Investment Law, introduces a new form of approval called MIC Endorsement, in addition to issuing MIC permits.

If a company’s business activities do not fall under one of the restricted categories, it will not require an MIC permit to do business in Myanmar. Instead, they can apply for an MIC endorsement, which will provide the same benefits as an MIC permit such as long-term lease and tax incentives.

Report Details Harm Salween River Dams Could Cause

Mi Ah Chai said: “The livelihood of the people in the delta area and the ecosystem of the river can be damaged by this project. So, we demand that the government halt all the dam projects; respect the objections of the ethnic people living along this river and the social organisations calling for the conservation of the Salween River; and prevent this project from affecting the peace process.”

The 87-page report details the background of the Salween River, the construction of the dams on the river, the ecosystem of the Salween River delta, the dams’ impact on the communities who depend on the delta eco system and public awareness of the dam projects.

Dam the Mekong, Thailand Buys More Hydroelectricity from Laos

A power purchasing agreement was signed on Tuesday, during Thai Prime Minister General Prayuth chan-Ocha’s visit to the Prime Minister of Laos Thongloun Sisoulith, while attending the 28th and 29th Asean Summits and related meetings from September 6-8 in Vientiane.

Thailand has increased its purchase of electricity from 7,000 to 9,000 megawatts from Laos this year to ensure sufficient supply and meet rising demand.

Video Calls for Angkor Beer Boycott Over Mekong Dam

Community members worried about a major dam being constructed in Laos released a video this week appealing for a boycott of Cambodia’s number one beer manufacturer, Angkor Beer.

“Stop Don Sahong, Boycott Angkor Beer” claims the 32 meter-high dam now under construction will affect the flow of the Mekong River, destroy fisheries and farmland in Cambodia and the lower Mekong, and affect millions of people in neighboring countries—all to generate only 260 MW of hydroelectricity. Of particular concern is the loss of of the last of the Irrawaddy dolphin’s Mekong habitat.

Mon group opposes dam planned for Salween River

Mon activists yesterday attacked dam projects slated for the Salween River, releasing a report about the potential negative impacts.

“Given the recently renewed plans by the Myanmar government and Thai investors to build the controversial Hatgyi dam, our downstream communities share extreme concerns with all the other communities along the Salween about the impact of the dam on our livelihood and the environment,” said Mi Ah Chai, one of the lead researchers on the report by the Mon Youth Progressive Organisation.

The announcement that 1360-megawatt Hatgyi project would be resumed was made on August 12 by Ministry of Electric Power permanent secretary U Htein Lwin.

Officials committed to Dawei

Thai officials and their Myanmar counterparts remain committed to the long-awaited Dawei megaproject, with the Myanmar-Thailand Joint High-Level Committee (JHC) and the Joint Coordinating Committee (JCC) to be set up soon to foster development.

Porametee Vimolsiri, secretary-general to the National Economic and Social Development Board (NESDB), said the recent joint ministerial meeting held on Aug 15-16 in Myanmar agreed to revitalise the role of the JHC and the JCC to rev up the multibillion-dollar project.

New sets of the two committees, which stalled before Myanmar held a general election on Nov 8 last year, are to be established soon.

The Thanlwin River – a victim of misdirected electric power

The Myanmar government is trying to focus on generating electricity from cost-effective water resources to meet local demand for electricity.

The public does not accept the Myitsone dam project as a way to generate hydroelectric power from the Ayeyawady River, nor does it accept coal-fired power projects. When it comes to gas-fired power projects, gas from the existing projects is not enough for domestic consumption as it is being excessively produced for export purposes. Besides, natural gas has a high production cost.

The Thanlwin River, also called the Salween River, is set to become the next victim. But the public does not accept this either.

Gigawatts for Mega-spenders: Infographic shows Bangkok’s luxury malls use more energy than some provinces

Thailand may be a middle income country, but enter one of the capital’s many new, opulent shopping complexes and you’ll think you’ve been transported to New York or Singapore. EmQuartier, Bangkok’s latest retail destination for the well-healed houses such brands as Louis Vuitton, Chanel, Prada, Dior, Tiffany and Cartier as do half a dozen of its predecessors along a six kilometers retail corridor in the city’s downtown.