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 ...
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Dispute arises between Myanmar oil company and local businesspeople

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Wednesday, 13 February 2013 16:53 Saw Zin Nyi

Mizzima has learned that a dispute has arisen between Shweyathi Petroleum Co. and the group of people who have leased the company's oil blocks.

The company has leased oil blocks in Padaukpin Village, Magwe Division, to local businesspeople and has permitted the leaseholders to drill for oil in return for selling the oil back to the company at a bargain price.

However, the leaseholders have accused the company of not keeping up their side of the deal, particularly in the area of safety at the rigs.

Ko Soe, a businessman who rents oil blocks from the company said, “The company buys oil at a low price but whenever a fire breaks out, we have to shoulder the responsibility.”

“Fire broke out at my blocks, and I lost about 50 million kyat (US $58,445),” said another businessman who rents oil blocks. “The company did not give out any compensation, so we had to pay money to the workers who were injured.”

When Mizzima contacted Shweyathi Petroleum Co about the issue, they refuted the leaseholders' disputes.

“We have to pay taxes [on the oil], so we cannot increase the oil price,” said Dr. Tun Tun Win, the company's managing director.

“Whenever fire breaks out [at the blocks], we help them as much as we can. We do not shoulder full responsibility because the block owners [the people who have rented the blocks from the company] must take full responsibility.”

The Shweyathi Company leases the oil blocks at 300,000 Kyat ($350) per block per month.

The leaseholders sell the oil back to the company for 85,000 Kyat ($99) per barrel. On the black market, the price is about 110,000 Kyat ($128) per barrel, according to the leaseholders.

On October 9, The New Light of Myanmarreported that a local worker was badly injured when a fire broke out at one of the blocks.
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