ASEAN HEADLINES | MYANMAR: Myanmar junta imposes more restrictions on imports
A port in Yangon seen in October 2019 (EPA / EFE).
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CAMBODIA: Date with destiny: Funan Techo Canal megaproject to officially break ground on August 5
In announcing the exact date, August 5, for the Funan Techo Canal project to break ground, Prime Minister Hun Manet yesterday urged people not to fall for the tactics of a small group trying to sabotage the beneficial megaproject.
Mr Hun Manet made the remarks yesterday while presiding over the inauguration ceremony of the Kampot Multi-Purpose Port in Kampot province.
He said that construction of the Funan Techo Canal would commence on August 5 and refuted the claims by some propagandists that the government is borrowing money from overseas for the project.
He also called upon all the people to further support this megaproject.
“Don’t make any judgement on this project, it will officially break ground on August 5, 2024. Please continue to support it. This will be constructed for the benefit of the people as whole, so please support our development,” he said.
“This project will be a joint venture by the Sihanoukville Autonomous Port, Phnom Penh Autonomous Port, and a private company for 51 percent local investment and the rest from foreign investors under a (build-operate-transfer) BOT contract,” Mr Hun Manet said.
Memento Maxima Digital MarketingMYANMAR: Myanmar junta imposes more restrictions on imports
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The move is the latest by the regime aimed at tightening its grip over the country’s dwindling hard currency supply
Beginning next month, importers in Myanmar will face new restrictions aimed at reducing the amount of money flowing out of the country, according to business sources.
The restrictions, announced by the junta’s ministry of trade and commerce on May 30, will penalise importers who receive goods before they get an import license.
It has long been common practice in Myanmar for importers to place orders before they get official authorisation due to the length of time that it takes to get such approval.
“For the most part, we can’t count on getting licenses even if we apply five or six months in advance,” said the owner of a trading company who spoke to Myanmar Now on condition of anonymity.
To get around such delays, many companies will arrange for goods that arrive prior to approval to be held by customs in storage until licenses are finally granted. This. . .
SINGAPORE: S’pore charity’s special programme prepares people with disabilities for work
SINGAPORE – Jobseeker Lai Su Ying had some issues when speaking to potential recruiters who wanted to have a quick chat with her over the phone before an interview.
Ms Lai, a 19-year-old Temasek Polytechnic graduate who has moderate hearing loss, said some companies might not understand her need for video calls where she is able to read the interviewers’ lips.
She said: “It makes me feel like I’m not really seen.”
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