Mizzima awarded global JTI certificate for reliable news on Myanmar

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Mizzima Mizzima, one of Myanmar ’s most prominent news outlets and a press freedom advocate, obtained the Journalism Trust Initiative ( JTI ) certification from global audit firm Bureau Veritas , JTI says in a press statement 5 January.  Operating in clandestine mode within Myanmar and supported by an exiled team, Mizzima strives to fulfil its role as reliable source of news and information for the Myanmar public. “Your Journalism Trust Initiative certification affirms what audiences already know: that principled, transparent journalism matters. Congratulations on this achievement and on your continued contribution to informing citizens about Myanmar,” says Benjamin Sabbah , director of Journalism Trust Initiative “Myanmar’s ongoing conflict has created an intensely contested media landscape, where mis- and disinformation are increasingly deployed to reinforce state propaganda and the prevailing “official” narrative. Although Mizzima is already regarded as one of the most trusted ...

Indonesia cement company plans Burma plant

Wednesday, 27 June 2012 16:45 Mizzima News

An Indonesian company will build a US$ 159 million cement plant in Burma with up to 1 million tonnes capacity a year, officials announced on Tuesday.

PT Semen Gresik, Indonesia's biggest cement maker, will build the plant next year, chief executive Dwi Soetjipto said, according to domestic Indonesia media.

A facility of the PT Semen Gresik Indonesia company of Indonesia. Photo: semengresik.com

“We will set up a joint-venture with a local partner to build a factory with a capacity of 600,000-1 million tonnes a year.” he said, based on anticipated demands for infrastructure as foreign companies move into Burma in the coming years.

On Februrary 2, Mizzima reported that Siam City Cement Plc (SCCC) of Thailand was looking at building a cement plant in Burma.

Managing director Philippe Arto said the company already had contacts and is studying potential investment locations throughout the country.

“For SCCC, we see the real potential and are positive about Burma. We have to act fast to grow our business there,” he local media.

SCCC was chosen as one of the prospective cement companies to be involved in the Dawei deep-sea port industrial project, according to an article published late last year. SCCC Executive Vice President Chantana Sukumanont confirmed that SCCC had already carried out a feasibility study to determine if a cement plant in Burma would yield favorable results.

Arto was quoted as saying he was concerned, however, about “regulations and exchange rates.” Burma floated the exchange rate of the kyat last month, in a move designed to make foreign investment easier, and it is in the process of modernizing its financial system after years of neglect.

Chantana said SCCC is also looking at acquiring other assets in Burma.

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