Jun 30, 2015

Containerized Data Centers by AST Modular (part of Schneider Electric) are now available to Myanmar clients

AST Modular manufactures rugged, portable and energy efficient containerized datacenters that provide plug & play datacenter capacity inside an ISO container in a fast and cost
effective way.

Vendor neutral and deployable in virtually any environment, AST Modular containers are availabale as all-in-one compact units providing a fully functional data center in a pod and
also as standalone power, cooling and IT units that can be combined and customized upon request for large scale modular deployments.

AST Modular Containerized Datacenters are capable of accommodating up to 19 conventional racks in a 40’ container with densities starting at 3 kW/rack up to 30 kW/rack or higher upon request.

Our Containerized Datacenters are designed according to Datacenter industry best practices and available in standard models of 10´, 20´, 40´ and 53'.

BENEFITS:
›reduced CAPEX. Less expensive than brick & mortar.
› Fast time to market.
› Modular Concept - Scalable design and possible to expand.
› Relocatable.
› High secure pre-engineered data center according DC Standards.
› Minimum space requirements.
› Rugged. Resistant to harsh environments and external conditions.

For more information on the solution and it can benefit specific industries, such as oil & gas, mining, and financial, please contact:
evelin.petkov@schneider-electric.com
+ 95 9 421 060 286

Enterprise Data Center available by Schneider Electric

You need a data center that keeps up with the explosive pace of cloud based business and big data today. It needs to be reliable, efficient and scalable, while keeping your data secure.

You need to monitor and control your entire physical infrastructure by automating and integrating data center management to drive business performance.

You need to simplify and speed-up the process of planning, designing and builiding your data center.

For the details on the on our offer and how we can help your business growth in Myanmar, please contact Evelin Petkov at evelin.petkov@schneider-electric.com

KFC becomes first foreign food restaurant to open in Myanmar

US fried chicken chain Kentucky Fried Chicken (KFC) has opened its first restaurant in Myanmar. The decision was taken after sanctions against the military government were lifted, media reported.

KFC has opened its first restaurant in capital city of Yangon, on Tuesday with franchise partner Yoma Strategic Holdings, reported BBC.

KFC has also become the first major American quick service restaurant to establish a foothold in Myanmar.

Many US based firms including Coca-Cola and Pepsi and carmakers Chevrolet and Ford have already made a sales presence in the country.
KFC has more than 15 000 restaurants in countries across the world.

Source: oneIndia

Jun 29, 2015

Myanmar to export 200,000 tonnes of rice to EU.

Myanmar expects to earn US$1 billion on exports of 200,000 tonnes of rice to European Union countries during the 2015-16 fiscal year, according to Ye Min Aubg, the secretary of the Myanmar Rice and Paddy Federation.

“We want to earn US$1 billion because at this moment we are getting between $6 million and to $7 million from the rice and paddy sector. Fewer exports than imports causes instability in the currency exchange rate. So we need to promote the export sector. Promoting the rice and paddy sector will benefit both farmers and merchants. And we will control the quality of the rice we sell. If we export low-quality rice, we won’t get paid enough. But if we export good-quality rice, not only will we get paid a good price, but also will not have to export as many tonnes of rice,” said Ye Min Aung.

He added that the rice export sector was officially promoted in 2010.

In previous years, Myanmar has exported rice to EU countries such as Belgium, Denmark and Poland.

Myanmar exported 1.4 million tonnes of rice in the 2012-13 fiscal year, 1.3 million tonnes in 2013-14 and 1.8 million tonnes of rice in 2014-15.

Source: Eleven Weekly Media

SMEs get more foreign loans

Minister for industry Maung Myint says he is planning to take a total of US$50 million – US$20 million from Singapore and US$30 million from Vietnam – to disburse soft loans to small- and medium-sized enterprises (SMEs).

“Taking foreign loans is ongoing. The ministry will disburse soft loans to SMEs when we receive them,” said the minister.

Further loans are planned from Japan although the details are yet to be released.

“Japan has disbursed SME loans via the Small and Medium Industrial Development Bank [SMIDB] and other banks. The finance ministry will serve as the medium as Japan’s loan is a step-loan,” he added

About 99 per cent of Myanmar’s businesses are SMEs and many face difficulties securing capital, especially the unregistered firms. Germany is providing technical assistances to SMEs and the SMIDB is beginning to offer loans at an 8.5 per cent interest rate.

“Currently, the government has disbursed Ks30 billion to SMEs via the SMIDB at 8.5 per cent interest. There is only a 0.25 per cent margin. The SMIDB has to operate at a loss on non-performing loans. This project incurs losses,” he continued.

Source: Eleven Weekly Media

Jun 22, 2015

Schneider Electric Launch International Standard High End Switchgear and Busduct in Myanmar

June 22, 2015, Yangon - Schneider Electric, the global specialist in energy management, held a product
launching ceremony in MICT.

This ceremony introduces Prisma kit system and I-Line II & Canalis Busway system, which target leadership
in Myanmar low voltage system.

Prisma: Solution for Type Tested and IEC Compliant Low Voltage Switchboards

A modular and prefabricated solution based on a complete system in kit form, which fully integrates Schneider
Electric switchgear offerings and includes the distribution systems and enclosures. These quality components
have been designed to operate together with optimized performances: mechanical, electrical and
communications consistency are ensured.

All switchboard architectures are factory tested in line with specifications that go well beyond the IEC 60439-1
standard. The same continuity of service is ensured throughout the switchboard’s entire life cycle.
I-Line II and Canalis: Highest Energy Efficient, Safest and Most Reliable Busway System

Schneider Busway is a prefabricated electric distribution system consisting of busbars in a protective enclosure,
including straight lengths, fittings, devices and accessories, an innovative solution to transport & distribute
energy.

It fully complies with IEC 61439-6:2012 totally 25 verifications and provides with safety and well performance,
regarding electrical, mechanical and installation friendly. These features make it an unshakable position in low
voltage section, together with Prisma kit system and already existing Schneider circuit breaker.

“We are proud to be part of Myanmar’s development in the electrical sector and to provide the possibility of
locally assembled our Prisma Switchgear KIT Solution and prefabricated Schneider Busway System for safe
and reliable electric distribution system requirements. With our local distributors and panel builders, who have
many years of experience installing switchgear equipment together with their professionalism and expertise, we
are confident to provide our highest energy efficient solutions and technologies to customers in Myanmar”
stated Pascal Reigner, Country President of Schneider Electric Myanmar.

Schneider Electric Myanmar aims to unite information technology with energy infrastructure to create smart,
energy efficient homes, buildings, and cities that create a greener community and a more sustainable future, with
a priority to seek out and work with local talent and business partners to develop customized solutions meeting
Myanmar’s unique needs.

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About Schneider Electric


As a global specialist in energy management with operations in more than 100 countries, Schneider Electric
offers integrated solutions across multiple market segments, including leadership positions in Utilities &
Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centers & Networks and
in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 150,000
plus employees achieved sales of 24 billion euro in 2013, through an active commitment to help individuals and
organizations make the most of their energy.
www.schneider-electric.com.mm

Jun 21, 2015

Myanmar sees surge in telecom investment

Investment in telecoms has surged in Myanmar in the past year as operators begin to tap a rapidly expanding market, driving growth in the economy.

Since the opening up of the mobile segment last year, there has been a boom in phone ownership and subscriptions in Myanmar. Currently there are more than 18 million SIM cards in circulation − corresponding to about one-third of the population − up from just 1 million in 2012, according to data compiled by Reuters.

Norway’s Telenor started services in September last year, one month after the launch of Ooredoo of Qatar, with both granted licences over a year ago. The newcomers have quickly gained ground on existing operator Myanmar Posts and Telecommunications (MPT), though the former monopoly and its partner KDDI Corp of Japan still lead in market share in what is a rapidly expanding sector. MPT has 8.4 million subscribers, followed by Telenor with 6.4 million and Ooredoo with 3.3 million.

The increased competition has seen SIM costs plunge from around $200 in mid-2013 to just $2 more recently, while service costs are also expected to fall further as the three networks expand their reach into rural areas.

While MPT has the widest coverage at present, reflected in its higher subscription figures, it is being challenged by both Ooredoo and Telenor, which have extended their reach to 41 per cent and more than 50 per cent of the population, respectively.

The increased coverage and broader access to voice and internet services will be a driving force for economic growth, according to Petter Furberg, CEO of Telenor Myanmar. In an established economy, a 10 per cent increase in mobile penetration can lead to a 1.2 per cent jump in GDP, Furberg told OBG. This may be even higher in certain countries. “In emerging economies such as Myanmar, the effects are even more pronounced: 10 percent more internet availability could lead to a 3-5 percent boost in GDP,” he said.

Ross Cormack, CEO of Ooredoo Myanmar, said banking was another area expected to benefit from an expanded telecoms sector. The change is likely to come from increased penetration of banking services, which currently remains limited with just 5 percent of the local population having a bank account, Cormack said.

“The banking system will become a great example of the technological leapfrog we hear about so frequently when discussing Myanmar,” he told OBG. “Mobile money is critical to ensuring that financial inclusion is a safe, convenient and affordable option for the nation.”

FDI wave rolling in

The telecoms sector has been a major driving force behind a rise in foreign direct investment (FDI) over the past year, with Telenor and Ooredoo investing in infrastructure, as well as fulfilling their fiscal obligations under the licensing agreements.

The sector also faces a 5 per cent commercial tax as of June. Until now, the industry had been exempt from the tax, but this is due to end shortly, with revenues generated from the tax to go towards health, education and transport projects, according to officials.

In the first five months of the 2014-15 fiscal year, telecoms accounted for 31 percent of total FDI of $3.32 billion, becoming the biggest single component in direct capital inflows, according to data issued by the Myanmar Investment Commission. The flow eased in the latter half of the year, but still attracted a quarter of all FDI during the year, ranking it second only to the energy sector.

Peter Tropper, senior advisor at Emerging Markets Private Equity Association (EMPEA), said the surge in investments and the expansion of the telecoms sector signalled an improving economic climate in Myanmar as well as a rapid modernisation of the market.

“Until recently we had the lowest cell phone penetration in the world – lower than North Korea,” he said during an investment seminar in Bangkok in late April. “By next year it is expected to reach 80 percent.”

Strong signals for the future
Thanks to a fast expanding consumer base, the telecoms sector’s long-term prospects remain bright.

According to a study by the McKinsey Global Institute (MGI), the international consultancy’s research arm, Myanmar’s per capita income could rise from the present level of $900 to $5,100 by 2030.

In turn, this would likely drive rapid growth in the country’s consumer class, defined by MGI as those having incomes high enough to make them significant consumers of goods and services. The number is estimated to rise from 2.5 million people to 19 million over the same period, with consumer spending almost trebling to $100 billion.

This steep upward curve in income will feed into higher demand for advanced communications technology and services, indicating strong earnings potential for both suppliers and providers.

Michael Nesbitt is Editorial Manager for Myanmar at Oxford Business Group (OBG), and is in charge of producing sector specific research in Myanmar.

Source: Deal Street Asia

 
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