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Information Sheet No. A-0152(I)

                    Information Sheet

No. A-0152(I)					Date.1-10-97

(1)		Korea Long Term Credit Bank Opens Representative Office 

		Korea Long Term Credit Bank (KLB) opened its Yangon Representative Office
on 30 September. By granting the Korea Long Term Credit Bank permission to
open its representative office in Myanmar, the number of such offices has
been brought up to 48, out of which 44 have already opened their offices in
Yangon. The Korea Long Term Credit Bank ranks 12 among banks in Korea, and is
the fourth Korean bank to open representative office in Myanmar. With the
increasing number of Korean firms having established their business  in
Myanmar, opening of representative offices of Korean banks, means that Korea
is accelerating its involvement in all round economic development. Moving
further down the road of a market economy, the banking industry will be
called upon to play a much larger role in the services sector of Myanmar. All
bankers both domestic and foreign, are called upon to work in close
cooperation  towards developing a sound financial system to support stable
economic growth.
(2)		Techno Myanmar ?97 October 27-31

		Myanmar Industrial Development Committee will hold Techno Myanmar ?97 at
Tatmadaw Convention Centre on U Wisara Road from 27 to 31 October. Techno
Myanmar ?97, the international industrial exhibition, will include
conferences on technology. The committee invites foreign investors to visit
the exhibition and urges local Myanmar entrepreneurs to prepare to hold talks
with foreign investors. Those wishing to know more on the exhibition may
contact Myanma Industrial Development Committee, Kaba Aye Pagoda Road,
Mayangon Township, or dial 662863 or fax 095-01-660465.

(3)		Journalists to Attend Seminar on ASEAN Integration

		Editor of the New Light of Myanmar, News and Periodicals Enterprise,
Ministry of Information, senior reporter of Myanmar News Agency (Internal),
NPE, left for Bangkok, Thailand on 30 September by air to attend the Seminar
on Integration of the ASEAN: trends, opportunities and challenges, from 1 to
3 October.

(4)		CSO Director-General Leaves for Thailand to attend Seminar 	on ASEAN

		Director-General of Central Statistical Organization, Ministry of National
Planning and Economic Development, left for Bangkok, Thailand by air on 30
September to attend the Seminar on Integration of ASEAN: Trends,
Opportunities and Challenges on 1-3 October 1997. Which is jointly organized
by the Asean Institute for Development Communication, Kuala Lumpur and
 Konrad Adenauer Foundation of Germany, Manila.

(5)		Opium Seized in Mandalay
		Members of Mandalay anti-drug squad, acting on tip-off, searched one Kyin
Khant Ap in Mandalay on 8 September. They seized 5.275 kilos of opium from
him. Action is being taken against Kyin Khant Ap, under the law.

(6)		Dagon Monetary Service and General Enterprise Cooperatives Society Ltd

		Dagon Monetary Service and General Enterprise Cooperatives Society Ltd was
opened at 567, Merchant Street, at the corner of Mahabandoola Garden Street
on 30 September.

		Minister for Transport Lt-Gen Thein Win received Head of International
Department of Civil Aviation Authority M Jean Pierre Chapuis and party at his

Deportation of a so-called Entertainer
		A news item appeared in the Bangkok post dated 1 October under the heading
?NLD delegate harassed.? In this news item and in separate other instances
Ms. Jude Smith of New Zealand claimed that she was assaulted and detained for
hours by military officials before being deported. The actual story has it
that Ms. Jude Smith was picked up at about 5 pm on 28 September in the
restricted area and was taken to the immigration department for questioning
in downtown Yangon switching her to airport for deportation. She was put on
the Thai Airways which departed at 7:45 pm on the same day. Actually,
contrary to her accusation detaining her for a long time, after deducting all
the driving hours from downtown Yangon to the airport only about 45 minutes
of questioning time were left. She also claimed she had an invitation but the
invitation was not issued in her name. In fact she said she got it from
someone while on the way to Mrs. Aris?s house.

		More importantly, when she applied for a tourist visa she stated she was a
festival entertainer but her activities last Sunday indicated something quite
different. The NLD in fact did not invite foreign journalists from abroad.
Only the local foreign journalists  came and attended the event with valid

		A similar deportation took place on the 17 September when James Mawdsley, a
Westerner attempted to create a civil disorder in downtown Yangon by pulling
a stunt of chaining himself to the fence of one High School and shouted
slogans in handing out  anti-government pamphlets. This week we have had Ms.
Jude Smith entertaining us with a different kind of stunt and who knows what
kind of stunt man or stunt person may come in from abroad in the coming weeks
to rock our boat which is sailing smoothly.