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 ...

ACO bets $700 million on Myanmar


Tuesday, 19 March 2013 13:26 Mizzima News

ACO Investment Group have announced that they will invest US$700 million in Myanmar over the coming year.

The New York-based firm this year aims to invest $200 million in Yangon International Airport and plans to make a $500 million bid for two telecommunications licenses as part of a new global infrastructure fund, said Hari Achuthan, one of the firm's founders, to Bloomberg.

"This is a thrilling opportunity to help advance the progress Myanmar has made over the past couple years by enhancing prospects for economic investments, and ensuring connectivity for Myanmar with ASEAN and the world," said Kurt Campbell, a member of the ACO consortium, in a release last week.

Myanmar's new foreign investment law was passed in November 2012 and essentially allows joint venture operations between foreigners and local citizens, governments or organizations.
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