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 ...

Singaporeans look to Burmese energy, banking

Monday, 05 November 2012 15:14 Khin Myo Thwe

Singaporean industrialists want to invest in Burma’s energy and banking sectors, as well as its port-related businesses, according to an official from the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).

He said several representatives from the Singapore Business Federation will hold discussions with a Burmese delegation at the UMFCCI office in Rangoon on Wednesday, November 7.
“Singaporean industrialists are also interested in investing in Burma’s biotechnological and education sectors,” said the official.

Representatives of Singapore’s petroleum industry will also attend the meeting, he said.

The UMFCCI meeting coincides with new legislation passed by Burma’s parliament easing restrictions on foreign investment in the country.

 In July, Mizzima reported that at a business conference in Singapore, Burmese officials predicted foreign investors would “flood” into Burma once its foreign investment laws had been amended: http://www.mizzima.com/business/7561-foreign-companies-wait-on-burmas-new-investment-law.html

Singapore is currently the biggest foreign investor in Burma’s hotel and tourism industry, with the Sedona Hotel and Park Royal Hotel in Rangoon, and the Sedona Hotel in Mandalay.
Overall, Singapore is Burma’s sixth largest investor and also a major trading partner, with the value of trade last year reaching US $2 billion—two-thirds of which was imports from Singapore.

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