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Burma Related News - Feb 18, 2003.



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BURMA RELATED NEWS - February 18, 2003.

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HEADLINES

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AP - Myanmar's central bank imposes restrictions on money transfers,

AFP - Asian countries discuss protection of the Bay of Bengal

AFP - Death toll in Thai drugs war soars towards 600

Dow Jones - Thailand Mulls Buying Ag Products From Myanmar Via Trade Pact

Asian Tribune - Thailand-Myanmar to expand account trade

NDTV - Burmese refugees protest aid suspension

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Myanmar's central bank imposes restrictions on money transfers,
 
YANGON, Myanmar (AP) _ Myanmar's central bank on Monday ordered a ban on money transfers and limits on withdrawals from the country's 20 private banks, as concerns rise that several banks could be headed for bankruptcy.
 
The order, which took effect Monday, limits withdrawals to 500,000 kyats per week, said a bank manager who spoke on condition of anonymity. At the official exchange rate, 5,000 kyats is worth about US$83,300, or US$455 at the free market exchange rate.
 
The bank manager said the order is in place until further notice. He added that ATM machines had been closed and the use of bank credit cards stopped.
 
Myanmar's late former dictator Ne Win seriously mismanaged the country's economy, and widespread protests in 1988 were ignited by his decision to demonetize the kyat.
 
Despite his subsequent ouster, the ruling junta has failed to resuscitate the economy, and has had difficulty in attracting investment because of its poor human rights record, analysts say.
 
Members of the local business community expressed concern over Monday's move, and worried how they would be able to trade and pay their workers.
 
``All medium and large-sized businesses slowed down as business transactions cannot be done through banks, and business slumped due to uncertainty of the situation of the private banks,'' said a pharmaceutical importer who asked not to be named.
 
The order came just a week after central bank chief Kyaw Kyaw Maung said the country's registered private banks stood on firm financial ground in a bid to quash rumors that several banks were headed for bankruptcy.
 
The rumors had sparked a spate of withdrawals, and his comments last Monday failed to stem the withdrawals.
 
``Banks are a chaotic scene, with traffic police outside forced to handle extra traffic while disgruntled clients have heated arguments with the bank staff over the counters,'' said a school teacher who went to withdraw her savings of 300,000 kyats on Monday.
 
Official reassurances of financial stability are typically interpreted to mean the opposite by the Myanmar public, which over the years has seen the government make sudden and sometimes radical changes to the financial system.
 
Gen. Khin Nyunt, the third-ranking leader of the ruling junta and the country's military intelligence chief, on Saturday blamed ``destructive elements'' for spreading rumors that banks are on the brink of collapse.

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Asian countries discuss protection of the Bay of Bengal
 
BANGKOK, Feb 18 (AFP) - Eight Asian countries are meeting in Thailand to discuss the protection of the threatened resources of the Bay of Bengal which feeds millions of people, the UN's food agency said Tuesday.
 
The resources of the bay -- bordered by Bangladesh, India, Indonesia, Malaysia, Maldives, Myanmar, Sri Lanka and Thailand -- are under threat from overexploitation and pollution, the Food and Agriculture Organisation (FAO) said in a statement.
 
Fifty officials from the countries were meeting at Thailand's coastal resort of Pattaya to develop a plan for the protection and sustainable management of the bay "in order to improve (the) food and livelihood security of the region's large coastal population."
 
"Over-exploitation, destructive fishing practices, habitat destruction, and pollution from land and sea-based sources are serious threats to the continued survival of the region's marine bounty," the statement said.
 
"A recent study of trawl fisheries off the southeast coast of India found a more than 40 percent reduction in the catch and nearly two-thirds decline in the catch over the past decade.
 
"The ever-present threat of oil spills from the heavy tanker traffic through the Bay of Bengal region and the concentration of shrimp aquaculture farms in certain coastal areas are among other serious concerns..."
 
More than two million people make a living by fishing in the coastal and offshore waters of the bay, said the FAO, one of the financers of the initiative.
 
Most of the 400 million people living in the immediate vicinity of the Bay of Bengal are among the world's poorest, it said.

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Tuesday February 18, 8:11 PM
Death toll in Thai drugs war soars towards 600
 
BANGKOK, Feb 18 (AFP) - The death toll in Thailand's controversial war on drugs has soared to nearly 600 people in the first 15 days of the campaign, the interior ministry revealed as the country's human rights commissioner expressed shock over the killings.
 
The figure -- which represents nearly 40 deaths per day from February 1 to 15 -- is almost double the 319 deaths announced by police on Monday.
 
"Police have killed eight people in self-defence and another 588 were traffickers killed by other drug gang members," interior ministry spokesman Somchai Petprasert told AFP.
 
Police had earlier stated they were responsible for 15 deaths in self-defence.
 
Somchai attributed the difference in tolls to separate forms of information collection between the police and the interior ministry.
 
"We have more people (than police) who can keep eyes on what is happening and who is involved," he said Tuesday.
 
"Police may think some killings do not involve drugs but the interior ministry counts them," he added.
 
Officials were due to meet Wednesday to reach a consensus on the figure.
 
Thailand's Human Rights Commissioner Pradit Charoenthaithawee expressed revulsion at the latest statistics.
 
"It is unbelievable, and quite a shame," Pradit told AFP of the killings.
 
"I think it will be nearly 1,000 by the end of this program, because so many people are involved (in the campaign)."
 
The commissioner expressed concern that "quite a high percentage" of the killings may have been extra-judicial murders performed by or involving police or government officials.
 
Other rights groups have also warned that innocent people may be swept up in the crackdown, particularly if their names appear on a police "blacklist" of about 1,800 suspected traffickers.
 
Attorney General Vichian Viriyaprasit has also spoken out, saying in media reports Monday that police were "taking justice into their own hands."
 
Police have said an additional 15,616 people had been arrested on drugs-related charges since the start of the crackdown.
 
On Tuesday Thai Prime Minister Thaksin Shinawatra, who launched the war on drugs in his bid to rid the kingdom of the scourge within three months, sounded a warning to his administration by announcing that hundreds of government staff were involved directly or indirectly in drugs trafficking in Thailand.
 
"I have received a preliminary report from the interior ministry that more than 700 government officials from various ministries are involved in drugs trafficking," Thaksin told reporters.
 
Among them are two senior police officers whose transfer he had approved, Thaksin said. He did not say what action would be taken against the others.
 
Thaksin said provincial governors deemed not to have met requirements in the drugs purge had until the end of the month to prove themselves or face "decisive action".
 
More than 182 million baht (4.23 million dollars) worth of property and cash have been confiscated from alleged drugs traffickers and some 6.02 million amphetamine tablets seized, although the amount is a pittance compared to the one billion pills Thai officials estimate will be trafficked into Thailand this year.
 
The majority of the amphetamine-type stimulants found in Thailand are believed to be produced in clandestine factories in Myanmar, where earlier this month Thaksin visited and sought anti-drugs cooperation from the military government.

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Thailand Mulls Buying Ag Products From Myanmar Via Trade Pact
Feb 18 7:04 AM ET
 
Bangkok, Feb. 18 (Dow Jones) - The Thai government wants to buy from Myanmar 2,000 metric tons of soybeans and 2,000 tons of animal-feed corn, along with other agricultural commodities, under a bilateral trade agreement, according to Rachane Potjanasuntorn, director-general of Thailand's Department of Foreign Trade at the Commerce Ministry.
 
Thailand's decision follows a trade committee meeting among government officials from both countries, said Rachane, who led the Thai delegation at the meeting. Myanmar's director-general of trade directorate at the Ministry of Commerce led Myanmar's delegates, Rachane said.
 
Rachane didn't reveal the value of the commodities Thailand is seeking.
 
At the meeting, Myanmar also expressed interest in buying from Thailand construction materials such as roof tiles, floor tiles and machinery used in construction and agricultural activities, Rachane said.
 
The purchases will be made under an "account trade" system that Thailand and Myanmar agreed to create in March last year to facilitate bilateral trade, Rachane said.
 
Under this account trade system, cash is used only to cover the difference in the value of products bartered between the countries. The two countries won't have to exchange goods at the same time, they only need to settle their accounts at agreed times, within three months for this purchase, Rachane said.
 
"The deal will hopefully be concluded next month," Rachane said.
 
The state-owned Public Warehouse Organization will make purchases on behalf of the Thai government, Rachane said.
 
Thailand also expects to trade goods with Laos in a similar manner, Rachane said.

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Asian Tribune

Date : 2003-02-18

Thailand-Myanmar to expand account trade

 

Bangkok, Feb 18 (TNA): Myanmar and Thailand have agreed to expand account trade, which is expected to help boost overall two-way trade between the two neighbouring countries, according to radio and T.V. news reports.

 

Rachen Pachanasunthorn, Director-General of the Department of Foreign Trade, told reporters that the agreement made by the Myanmar and Thai governments was further discussed with more concrete results at a meeting here today between a visiting Myanmar trade delegation and its Thai counterpart, said the news reports of GG-News Radio and T.V. Channel 3.

 

The Thai delegation consisted of government officials and representatives from the private sector, stated the news reports.

 

Import-Export Bank of Thailand and the Ministry of Commerce will cooperate in handling the account trade on behalf of the Thai government.

 

Under the account trade, which is expected to help boost overall bilateral trade, Thailand will mostly purchase farm and fishery products from Myanmar, which will, in turn, mostly purchase construction materials from Thailand, according to the news reports.

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NDTV
Burmese refugees protest aid suspension
Shruti Verma Singh
Tuesday, February 18, 2003 (New Delhi):
 
Burmese refugees who have sought asylum in India are protesting the United Nations High Commissioner for Refugees' (UNHCR) decision to stop their subsistence allowance of Rs 1400.
 
The refugees say that their food, clothes and rent all depend on this allowance, but UNHCR officials say they are stopping the allowance to help the refugees help themselves.
 
"One should not look at it as stopping the subsistence allowance. I think we are talking about empowering refugees to stand on their own feet and to be self-sufficient. I don't think it is dignified for people to live on handouts for the rest of their lives," said Wei Meng Lim Kabaa, Deputy Chief of Mission, UNHCR.
 
The UN says it's prepared to teach them skills such as welding, tailoring and using computers with which they can get jobs. But without a work permit, these skills would be of little or no use.
 
"How do they expect these people to work in India when they don't have work permits because you know India is not signatory to the 1952 convention. So these people are undesirable aliens," said E Deenadayalan, General Secretary, The Other Media.
 
In fact, unlike their Tibetan or Sri Lankan counterparts, these refugees are not recognised by the Indian government - something the Burmese say, makes them even more vulnerable without the UN's support. 

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