Democratic Voice of Burma

---

• Bullet Points: 29 September 2014
• Burma’s new stock exchange to list 3 companies in 2015
• PR protestors denounce Rangoon MP
• Images of the week
• Kenji Nagai’s sister calls for official investigation, release of video camera
• Thai army on alert after Myawaddy clash

Bullet Points: 29 September 2014 Posted: 29 Sep 2014 04:11 AM PDT On today's edition of Bullet Points: Fighting continues in eastern Burma PR protest in Rangoon Family of murdered Japanese photographer demand answers You can watch Bullet Points every weeknight on DVB TV after the 7 o'clock news.

Burma’s new stock exchange to list 3 companies in 2015 Posted: 29 Sep 2014 03:51 AM PDT The Yangon Stock Exchange (YSE), which will replace the Myanmar Securities Exchange Centre (MSEC), is set to launch in Burma by October 2015. Burma's Deputy Union Finance and Revenue Minister, Maung Maung Thein confirmed the launch while speaking at a software donation event at the Myanmar Insurance Enterprise on 28 September in Rangoon. The minister further stated that three public companies will be listed initially; the Asia Green Development (AGD) Bank, First Myanmar Investment Co Ltd (FMI), and the Myanmar Agribusiness Public Cooperation Limited (MAPCO) established by the Myanmar Rice Federation. Related Stories Ne Win's grandson to buy into AGD Bank Burma stock exchange may take some time The AGD bank, a public banking service network spread across Burma, is a licensed dealer and foreign currency changer and has an international banking department. An investment holding company, FMI was established in 1992 is one of the largest public companies in Burma.  It has expanded its investments in Burma through various subsidiaries across sectors such as finance, automotive, agriculture, retail, real estate and tourism among others. Mapco, the first public agricultural company of Burma with an accumulated capital of 11 billion Kyats (US$11 million), is also one of the three listed companies. Established in 2012, with over 1,400 shareholders, MAPCO being listed on the YSE presents an opportunity to attract more FDI into the agrarian sector in Burma. Earlier in June, Minister Maung Maung Thien had hinted that five PCLs would be listed on the YSE to begin with. This he said would, "ensure the quality and compactness of the stock exchange". Yesterday's announcement, however, only named the three PCLs. The Myanmar Economic Bank has partnered with Japan's Tokyo Stock Exchange and Daiwa Securities Group in a joint venture to establish and operate the YSL.

PR protestors denounce Rangoon MP Posted: 29 Sep 2014 03:45 AM PDT A demonstration against proportional representation attracted 300 protestors in Pazungdaung Township, Rangoon, on Sunday. They are irate at their local representative who recently proposed changing Burma’s voting system from first-past-the-past to a PR system. DVB was there to speak to furious constituents, who say they may not wait until next year’s general elections to oust the MP. Related Stories Images of the week Opposition party 'did not say' it would support Shwe Mann NLD member killed in Mandalay

Images of the week Posted: 29 Sep 2014 03:04 AM PDT   Images of the week Photographs from: fighting in Myawaddy between Burmese government forces and Karen rebels; a Mandalay village is buried in silt following flooding; Mickey and Minnie come to town; and a light-hearted moment during ceasefire talks in Rangoon.

Kenji Nagai’s sister calls for official investigation, release of video camera Posted: 28 Sep 2014 11:18 PM PDT Marking the seven anniversary of the Saffron Revolution on Saturday, Noriko Ogawa, the sister of slain Japanese photojournalist Kenji Nagai, has reiterated her call for an official investigation into his killing. The family of Kenji Nagai, a reporter for Tokyo-based APF News, has constantly lobbied via the Japanese government to demand Burma turn over his videotape and camera, seized after the 50-year-old war correspondent was fatally gunned down at point-blank range by a soldier while covering the monk-led public protests in Rangoon on 27 September 2007. Japan's Foreign Ministry webpage regularly reports that diplomats, at each meeting with Burmese counterparts, have called for an investigation into the incident and the return of his professional possessions. Tokyo suspended aid to Burma following the killing of Nagai, but resumed humanitarian funding a year later following the devastation of Cyclone Nargis in the Irrawaddy delta. Related Stories Seven years on, reforms have not yet healed the wounds of the Saffron Revolution Opposition party 'did not say' it would support Shwe Mann Thilawa shares to go on market this year In January 2013, Japan forgave a considerable portion of Burma's debts. A visit by Prime Minister Abe a few months later helped secure a further US$400 million in new loans, and the write off of even more of Burma's debt. Japanese firms have since invested broadly in Burma, and are the main players in the site of the Thilawa Special Economic Zone, east of Rangoon, with multinationals such as Mitsubishi, Marubeni and Sumitomo among the investors. In the wake of the Japanese photojournalist's death, a Kanji Nagai Journalism Award was founded for Burmese reporters. An associate of Nagai’s said the 50-year-old veteran was “relentless” in his pursuit of stories. He had previously documented conflicts in Afghanistan, Iraq, Cambodia and Palestine.

Thai army on alert after Myawaddy clash Posted: 28 Sep 2014 08:20 PM PDT Thai soldiers in Tak province have been put on high alert after heavy fighting between Burmese government soldiers and Karen rebels temporarily closed the Mae Sot border pass. Lt Gen Preecha Chan-o-cha, commander of Thailand's 3rd Army, said the clashes erupted four to five km from the Thai border. Burmese soldiers asked their Thai counterparts to close the Mae Sot pass, but it was reopened late afternoon yesterday after fighting died down. Despite the lull in violence, Thai Prime Minister and army chief Prayut Chan-o-cha has placed Thai soldiers on high alert and ordered reinforcements along the border in case the conflict reignites. Mae Sot district chief Preecha Jaipetch said five were reportedly killed in the clashes, while more than 10 were injured. The dead and injured were said to be from both sides. Related Stories Images of the week DKBA in shoot-out with Burmese army after arresting officers in Mon State Murdered Karen soldier's body found in Myawaddy Heavy fighting started at 10.30am, with rocket-propelled grenades and mortars fired in the centre of Myawaddy town, security sources said. Exchanges of gunfire then continued until after noon. The noise of shooting could be heard clearly over the Thai border. Sources said hostilities between Burmese government soldiers and Karen rebels near the Mae Sot border have been escalating since August, when the Democratic Karen Benevolent Army allegedly started blocking imports from Thailand and demanding “tax” payments on the goods. One Karen soldier was killed in the area last week and there have been several related bombings in Myawaddy. The violence prompted the Burmese military to prohibit all soldiers from armed Karen factions from entering urban areas in uniform or with weapons. Karen troops responded by banning Burmese soldiers from carrying weapons in Karen-dominated areas. The latest clashes were caused by breaches of the “bans”. Read more: DKBA in shoot-out with Burmese army   This article was originally published in the Bangkok Post on 28 September 2014.

You are subscribed to email updates from DVB Multimedia Group | DVB Multimedia Group To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610