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Posts Tagged ‘Investment’ (49 found)

Remarks by EU High Representative Catherine Ashton at the Press Conference at the End of the EU-Myanmar Task Force Meeting

“It has been a great privilege to be here for two days. We had over 600 people who participated in the Task Force including over 100 European Union business leaders, who have travelled here from all over to express their willingness and commitment to support this country on the journey […]

November 15, 2013  •  By European Union  •  Tags: ,  •  Read more ➤

Investment at What Cost?

rtr3eyw0_0The re-engagement of Burma with the global, free market economy has created opportunities, hope and great potential. Yet with this re-engagement come significant pitfalls, human rights abuses and the legitimization of past abuses being two of the more serious. All foreign investment must be scrutinized and held to the highest standards in order to avoid either of the above mentioned dangers. Specifically, business ties to any cronies of the Burma Army or perpetrators of human rights abuses must not be tolerated and land confiscation associated with this increased business engagement must end.

On 7 November, 37 civil society organizations sent a letter to President Barack Obama asking him to update the US Specially Designated Nationals list for Burma. The list is a US Treasury Department list of individuals and companies barred from having financial or business ties to the United States. These individual and companies were barred due to their ties to the military regime, serious human rights abuses, corruption and the selling of weapons to North Korea. This list has remained basically unchanged since 2009; this is despite the ongoing corruption in the country and the very serious human rights violations that have occurred. The US itself acknowledges that the list is out of date, as evidenced by diplomatic cables leaked in 2009 where the US embassy in Rangoon noted that “many of the real perpetrators of human rights abuses or those who provide significant support to the regime are not yet targeted.” An updating of the list and a systematic way of adding and removing names are of immediate importance. To date the US government has been more concerned with establishing economic ties and a revised list could cause complications for US businesses. This is a sad state of affairs when economic interests trump basic human rights […]

November 11, 2013  •  By Burma Partnership  •  Tags: , , ,  •  Read more ➤

Endemic Land Confiscation in Burma: A Major Challenge to the Reform Process

The issue of land confiscation has been and will continue to be one of the largest problems facing Burma. The increase in foreign investment, the liberalization of the economy, and lack of rule of law generally, including both appropriate legislation and an independent judiciary,have resulted in land confiscation on an endemic scale. Thegovernment of Burma has responded […]

November 11, 2013  •  By Burma Partnership  •  Tags: , ,  •  Read more ➤

Economics of Peace and Conflict

Economics-of-Peace-and-Conflict-CoverThis report aims to clarify the complex processes of solving economic grievances related to the peace process. Examining how these efforts work and how the different actors, policies and projects make up a larger framework may help in assessing how well they respond to the roots of conflict. It especially tries to understand how the many different ministries, committees, international donors, CBOs, businesses (domestic and foreign) and NSAGs work together, overlap, or contradict each other in achieving economic and development goals for national peace […]

October 30, 2013  •  By Myanmar Peace Monitor of Burma News International  •  Tags: , , , , , ,  •  Read more ➤

The Women’s League of Burma Condemns the Violent Handling and Arrest of Peaceful Women Activists in Monywa

The Women’s League of Burma strongly condemns the violent handling and arrest of Naw Ohn Hla and nine other women who were staging a peaceful protest against the Letpadaung copper mine in Monywa on August 13 […]

August 14, 2013  •  By Women's League of Burma  •  Tags: , , , ,  •  Read more ➤

Business & Human Rights in Myanmar: A Round-Up of Recent Developments

This briefing summarises major business and human rights developments in Myanmar (Burma) from November 2010, when the country held its first elections after 20 years and pro-democracy leader Aung San Suu Kyi was released from house arrest, to the present. It covers the positive and negative impacts of companies operating in the country, and is based on reports from a range of sources that the Resource Centre has featured on its website and in its Weekly Updates. It also refers to responses we received from companies when we asked them to reply to concerns raised by civil society, and refers to the failure of certain companies to respond […]

August 12, 2013  •  By Business and Human Rights Resource Centre  •  Tags: , ,  •  Read more ➤

First U.S. Companies Release Reports on Investments in Myanmar

A handful of U.S. companies released public reports on their investments in Myanmar last week, as required by the State Department and other agencies administering the U.S. sanctions regime. The reporting companies are involved in offshore oil and gas activities, as well as passive investments in a Singapore-based company doing significant business in Myanmar. More reports from U.S. companies, including from Coca-Cola, are expected towards the end of the year […]

July 11, 2013  •  By EarthRights International  •  Tags: , ,  •  Read more ➤

Myanmar’s Moment: Unique Opportunities, Major Challenges

Myanmar is a highly unusual but promising prospect for businesses and investors—an underdeveloped economy with many advantages, in the heart of the world’s fastest-growing region. Home to 60 million inhabitants (46 million of working age), this Asian nation has abundant natural resources and is close to a market of half a billion people […]

June 10, 2013  •  By McKinsey Global Institute  •  Tags: , ,  •  Read more ➤

A New Dawn for Equitable Growth in Myanmar?: Making the Private Sector Work for Small-Scale Agriculture

A new wave of political reforms have set Myanmar on a road to unprecedented economic expansion, but without targeted policy efforts and regulation to level the playing field, the benefits of new investment will filter down to only a few, leaving small-scale farmers – the backbone of the Myanmar economy […]

June 5, 2013  •  By Oxfam International  •  Tags: , , ,  •  Read more ➤

Burma: Japanese Leader’s Visit Should Highlight Rights

Japanese Prime Minister Shinzo Abe should make improving the human rights situation in Burma a top priority during his visit to the country this week, Human Rights Watch said today. Abe’s three-day visit, which begins May 24, 2013, will be the first by a Japanese leader to Burma in 36 years. Dozens of major Japanese corporations will accompany the prime minister

May 27, 2013  •  By Human Rights Watch  •  Tags: , , , ,  •  Read more ➤