State Counsellor meets with local business leaders

State Counsellor meets with local business leaders in Nay Pyi Taw on August 27. (Photo-State Counsellor Office)

State Counsellor Daw Aung San Suu Kyi met with local business leaders at the Myanmar International Convention Centre-I in Nay Pyi Taw yesterday, discussing over several business issues.

During the meeting, the State Counsellor, officials concerned and business leaders discussed and exchanged views on topics including stability of exchange rate, stability of export and import policies, reducing rate of bank loan interests for developers and reducing condominium property tax.

The meeting was also attended by Union Ministers U Kyaw Tint Swe, U Thaung Tun, Dr. Aung Thu, U Thant Sin Maung, U Ohn Win, U Win Khaing, U Than Myint, U Han Zaw, U Ohn Maung, Chairman of Nay Pyi Taw Council Dr. Myo Aung, Governor of the Central Bank of Myanmar U Kyaw Kyaw Maung, Deputy Ministers U Min Thu, U Khin Maung Tin, U Sat Aung and U Aung Htoo, deputy governors of the Central Bank of Myanmar, Chief Coordinator of the Union Enterprise for Humanitarian Assistance, Resettlement and Development in Rakhine State and donors, officials of the government banks, and private bankers, high tax payers and invited guests.

The ceremony kicked off with opening speech by State Counsellor Daw Aung San Suu Kyi.

At the meeting with the State Counsellor, President of the UMFCCI U Zaw Min Win, U Maung Weik of MBCCD and Saypaing Company, Chairman of the Myanmar Developers’ Association U Shein Win, discussed the currency exchange rate, export and import policies, bank loan interests and property tax.

Afterwards, the State Counsellor has the documentary photo taken together with Union Ministers, Chairman of the Nay Pyi Taw Council, Governor of the Central Bank of Myanmar, deputy ministers, deputy governors of the CBM, the chief coordinator of the UEHRD, business leaders and bankers, high tax payers, representatives of the UMFCCI and brotherhood associations.

Following the opening ceremony, State Counsellor Daw Aung San Suu Kyi held talks with five donors to UEHRD and five high tax payers.

Also present with the State Counsellor at the talks were Union Minister U Kyaw Tint Swe, Deputy Minister U Aung Htoo and Vice Governor of the Central Bank of Myanmar U Bo Bo Nge.

The donors are Daw Nan Kham Naunt of the Kanbawza Group of Companies, U Tun Myint Naing of the Asia World Company, U Kyaw Win of Shwe Than Lwin Company, U Zaw Zaw of Max Company and U Nay Aung of the United Amara Bank.

The high tax payers who participated in the talks are Dr Ko Ko Gyi of Diamond Star Company Ltd, U Than Win of Myanmar Economics Holding Ltd, U Khin Maung Aye of the Cooperatives Bank, U Aung Kyaw Hsan of Bone Kyaw Hsan Company Ltd and Daw Win Win Tint of City Mart Holding Co., Ltd.

Similarly, the talks between the Union Ministers and business leaders was held separately.

It was attended by Union Ministers U Thaung Tun, Dr. Aung Thu, U Than Sin Maung, U Ohn Win, U Win Khaing, U Than Myint, U Han Zaw, U Ohn Maung, Nay Pyi Taw Council Chairman Dr. Myo Aung, Governor of the Central Bank of Myanmar U Kyaw Kyaw Maung, Deputy Minister U Set Aung, Deputy Governor of the Central Bank of Myanmar U Soe Min and UEHRD’s Chief Coordinator Dr. Aung Tun Thet.

The business leaders at the talks are U Zaw Win Shein, U Thein Tun, U Maung Weik, U Chit Khaing, U Ko Ko Htwe, U Shaung San, U Laphai Khun Sar, U Aung Moe Kyaw, U Zaw Min Win, U Yan Chin Sein, U Hla Min Tu, U Tun Lwin, U Kyaw Aung, Daw Htet Htet Wai and U Maung Kyay.

During the talks, the business leaders discussed interests of bank loans, control of inflation, monetary flow, boosting export and substituting import.

Union Minister U Than Myint, Governor of the CBM U Kyaw Kyaw Maung and Deputy Minister U Set Aung replied the questions raised by the business leaders.

Speaking at the talks, Union Minister U Thaung Tun said the government is ready to listen the voices from the business sector as the government has drafted the Myanmar Sustainable Development Plan.

The Union Minister also expressed the government’s willingness to find resolutions in next meetings.

In the evening, State Counsellor Daw Aung San Suu Kyi hosted dinner in honour of the business leaders at the Myanmar International Convention Centre-I.