Popular Posts!

LEVIS JEAN SHOP!

Sunday, September 28, 2014

Iphone transfer voice memos from iPhone to computer!


The ability to quickly record voice memos on the iPhone is a frequently overlooked feature. Furthermore, figuring out how to import these files from your iPhone to your computer can be tricky. Here are a couple of ways of getting your voice memos off your phone and onto your computer.

The voice memo feature is very interesting. I’ve seen it used from everything to sweet messages to one’s spouse to quick voice recorder for lectures or interviews. 

One you have a voice memo recorded, there a two main ways of transferring the voice memo to your computer.

via iTunes

iTunes will transfer voice memos once you enable that setting.

1. Dock your iPhone via USB
2. Click the name of your iPhone under Devices in the left column
3. Click the Music tab
4. Click the checkbox for Include voice memos

how to transfer voice memos using itunes

5. Sync your device
6. Your files will appear under a new Voice Memos playlist

the voice memo playlist in iTunes

7. You can right-click on a memo to perform advanced tasks or gain access to the actual audio file.

If you are having difficulty, several people in the comments below have recommended these additional steps:

- Unplug iphone from the computer after the failed sync
- In iTunes, select File –> Library –> Organize Library –> Consolidate files
- Plug in the iphone & sync again.

Direct Share from Phone

You can also email or MMS the voice memo directly from your phone. If you only have a few files, emailing them may be a good option.

1. From the voice memo screen click the silver button in the lower right corner. This will take you to a list of your voice memos.
2. Select the voice memo you want to share and press the large blue share button at the bottom right of the screen.
3. Select Email or MMS


http://www.tech-recipes.com/rx/6403/iphone-transfer-voice-memos-from-iphone-to-computer/

Friday, September 26, 2014

Building construction housing sector in Myanmar 2014!

  •   Expected growth of population from around 60 million to around 90 million by the year 2040 • The housing market is expected to grow continuously in the near future. • Increase in housing demand due to • increase in per capita income and saving capacity due to the national development projects and changing political and economic situation; • increase of foreign investment in industrial and service sectors as well as agricultural mechanization resulting in more urbanization. 14 HOUSING SECTOR IN MYANMAR 
  • Myanmar Urbanization • Size of Main Cities • Yangon= 5.9 million • Mandalay= 1.5 million • Naypyitaw= 0.9 million • 27 Cities= over 0.1 million (Urban Poverty rate = 22%) Myanmar Center of interest for the international investor National Population growth rate=1.3% Urban population growth rate= 2.9% Rural urban ratio= 68: 32 Source: UNHabitat, CSO. • With around 12 million households in Myanmar, calculated at household size of 4.7, an annual demand for housing is around 300,000 units. • Development of sustainable housing financing system; • Resource development in modern building materials, construction technologies, machineries, equipment and promotion of construction industry for mass production of housing. 16 HOUSING SECTOR IN MYANMAR Key Challenges in Housing Development 
  •  Systematic production of affordable housing units by various sectors such as government organizations, co-operatives, public and private sectors within 2013-2014 to 2030-2031 budget years; 18 
  • Housing Policy GOALS AND STRATEGIES OF •  To draft required laws and regulations ensuring provision of safe and adequate shelter. – Building Codes – Condominium Act – Spatial Planning Law – Housing Development Law 19 Housing Demand and Supply In Yangon, 36,000 Housing Units have been built from 2005 to 2010 for 5 years and , average 7,200 units of housing were produced annually. The demand for housing is 3.5 times of provision during last decade while average increased households per year is about 26,000 to 30,000 . > 70% of Residential units are produced by the private sector and much more profit orienting and targeting on high income group. Mandate on Housing Policy and Housing Provision (social as well as market demand) is essential for balanced and sustainable growth of socio-economic development 
  • Housing Provision by Public Sector 30% of City population is living in slum and squatter which is needed for improvement of living standard as well as proper housing solution Most important gap is very high cost for housing and people’s affordability of very low income level Government sets the priority focus on affordable and low cost housing provision Housing Mortgage and Financing Mechanism is now established and planning to be practice Promotion of Construction Industry and its development and establishment of Myanmar CIDB for quality building Enactment of Legal framework for Building and Property market development MAIN PROVIDER - DHSHD’S Housing Delivery . Excess housing demand induce housing price increase. 2013-2015 Targeted Production Affordable Housing 20,000 Low Cost Housing 3000 Urban Redevelopment 9000 Housing Total Unit -53,816 no. (1993-2012) Targeting on Low-Middle income group 
  • Affordable and Rental Housing Scheme 20 years Long-term Development Plan in Housing Sector (2011-2031) - one million housing scheme 2013-2016 – 100,000 Housing Scheme Location - Regions/State’s capital cities & secondary towns Target Group - Priority for government servants and low-income people Delivery - income level & status accordingly Financing - Housing Mortgage Loan for 20 years - Housing Financing System ( Bank, Finance Institution) Investment - Government Budget/ Revolving Fund/ PPP & Loans, grant Planning – Township Development with neighborhood concept Infrastructure - water, sanitation , electricity supply, waste management, road & drainage Operation & Management – DHSHD + ward council + community 23 Rental Housing Scheme in Regions and States Government Rental Housing for Government Servants Capital cities - 2000- 2500 units /years (average) Government Budget Housing Estate Redevelopment Scheme Old Housing Estates (DHSHD) 10 Housing Estates in Yangon (450 acres) 3 Housing Estates in Mandalay 29 Housing Estates in Other Cities Redevelopment Program through PPP Proposed redevelopment project at Botataung Housing in CBD Proposed redevelopment project at Shwegon Housing 24 
  • Proposed Yangon City Urban Development Plan . DHSHD. MOC Yangon City Concept Plan (2040) YANGON CITY ECONOMIC HUB & DEVELOPMENT POLE Area - 598.75 sq-km Population (2010)- 5.0 - 7.023 million Population (2040) - 10 – 12 million Growth Rate - 1.69 % (2010) Housing Development Plan (2040) Designate Development Promotion Area in Smaller Urban centers around Yangon Urban Densification Area through Upgrading Existing Estate Redevelopment Area Source: DHSHD.MOC Housing Estate Redevelopment Scheme U Wizara, Dagon 51th Street, Botataung Pyinmapin, Mingaladon Gyogone, Insein Pyitawthit, Pazuntaung Yankin Shwegondine, Bahan Kantawkalay, Mingalataungnyunt Wayluwun, Sanchaung Thuwuna • Public Rental Housing Estates • 10 Housing Estates in Yangon (450 acres) • 3 Housing Estates in Mandalay • 29 Housing Estates in Other Cities • Redevelopment with the participation of private sector. • Mixed development for residential and commercial to utilize scarce and valuable land effectively. • 2013-2015 , 10,000 housing units are planned to produce. 
  • HOUSING PROJECT IMPLEMENTING AND PLANNING by DHSHD & YCDC THROUGH PPP(2013-2015) PLANNED HOUSING PROVISION OF DHSHD Type of Housing Project (no) Unit(no) Location Low Cost Housing 7 11868 Shwe Lin Pan, Hlaing Tharyar Mingalardone, DagonSeikkan Dagon East Affordable Housing 7 26142 Pilot Project(19600)- Dagon Seikkan Hlaing tharyar, Dagon South Shwe Pyi Thar PPP Project (DHSHD) Type of Housing Project (no) Unit(no) Location Estate Redevelopment (PPP) 2 632 3529 Link Road Botahtaunghousing COMMERCIAL 350000 sq ft 181440 sq ft Other (PPP) 30 7 407 Mingalartaungnyunt BotahtaungTimesquare Hletan, Thanlyin,others, CBD Total 42578 HOUSING PROJECT DEVELOPED BY YCDC (2013-2015) 50,000 Housing Units Production Rental Housing Scheme in Estate Redevel Roepgimones anntd SStactheseme. DHSHD Resettlement for existing rental units Development of condominium and Commercial PPP project with Local Developer Botataung Housing Redevelopment Project in 51ST Street CBD High Restriction and Development Control Zone Near Shwe Dago Pagoda Existing Rental Housing Unit -40 no. New Development Unit -100 no. Estate Redevelopment Project at Link Road, Shwegon Housing EXISTING HOUSING ESTATE (1956) 
  • 1. Area – 220 Acres (89.03 Ha.) 2. Parcels – 11 Nos. 3. Buildings – 49 Nos. 4. Floors – 18 Storeys 5. Units/Bldg – 400 Nos. 6. Total Units – 19600 Nos. 7. Unit Area – 600 sft 8. HH size – 4.5 p /hh 9. Population – 88200 p. • School • Sports Ground and Recreation Places • Market and Commercial • Bus Terminal with Commercial Shops • Car Parking • Clinic, Police Station, Fire Station etc. • Physical Infra • Waste water Treatment Ayeyarwun and Yadanar Housing Project 29 SatetaraMahi Estate Redevelopment Project, Mandalay (1) 4U 8S Apartment Building - ( 5 ) nos (2) 4U 9S Condominium Buildin - ( 6 ) nos (3) 1U 4S Showroom& Office - ( 5 ) nos (4) 3 Storeyed Admin Building - ( 1 ) nos Total 417 housing and Shophouse units Total Floor Area - 528310 sq.ft 
  • CURRENT SITUATION – PRIVATE SECTOR Driving Demand for Quality Under Supply on appropriate Residential and Commercial property market Shortage in High Quality Development (quality offices, apartments, hotels, and retail spaces are all in short supply) Undergoing rapid transformation, including inflow of international investment Significant demand for Land and quality space in Yangon Developers are focus on high-end projects in Yangon Flight for changes of Quality in the Real Estate Market Need for enactment of Legal framework for property market development LIST OF HIGH –RISE BUILDING SUBMITTED TO CQHP(2013-2014) SOURCE:COMMITTEE FOR QUALITY CONTROL OF HIGH RISE BUILDING CONSTRUCTION PROJECTS No Project Storey company Location 1 Pyay Garden Office Tower 1+11 Ze Ga Bar Sanchaung 2 United Tower 10 12 United Construction Bo Ta Htaung 3 AMBO Tower (Bo Aung Kyaw) 12 Naing Group Kyauktada 4 U Myint Thein+1 10 Yadanar Myaing Latha 5 Diamond Tower 12 Yadanar Myaing Pabedan 6 Lucky Condominium 12 Naing Group Bogyoke Street 7 M.T.P Kamaryut Tower 11 MTP Constriction Kamayut 8 Aye Yeik Thar Condominium 1+10 Tet Lann Construction Bahan 9 City Shine Tower 12 City Shine Construstion Kyauktada 10 Classic Stand Condominium B+12 Naing Group Pabedan 11 United Tower 11 12 United Construction Bo Ta Htaung 12 Bo Soo Pat Building 12 Yadanar Myaing Pabedan 13 Pansodan Business Tower 12 1/2 Naing Group Kyauktada 14 Hnin Si Gone Condominium 12 1/2 Naing Group Alone 15 Shine Tower 12 Shine Min Ga Lar Taung Nyunt 16 Kyaw City Tower 12 1/2 Kyaw City Kyauktada 17 Kyaw Condominium 12 1/2 Motherland Kyauktada 18 Myanmar Shweoudaungmin 12 1/2 Myanmar Shweoudaungmin Pabedan 19 Hotel Shwe Gone Daing 2+12 1/2 December Shwe Gone Dine 20 Strand Condominium 12 1/2 Golden Flower Latha 21 United Vision Tower 12 Shwe Mee Thee Shwe Bone Thar 22 Green Lake Condominium 2+12+P Yadanar Myaing Min Ga Lar Taung Nyunt 23 3rd Street Condominium 12 1/2 Naing Group Lamadaw 24 Lanmadaw Tower 12 1/2 Myanmar Top Power Latha 25 United Tower 12 12 United Construction Bo Ta Htaung 26 MEI Business Tower 12 1/2 Fatherland Kyauktada 27 Uniteam Project 12 Lay Thi Sanchaung 28 Anna War Min Tower 2 12 Anna War Min Latha 29 Ngwe Gant Gaw(Lanmadaw Tower) 12 1/2 Shwe Naing Ngan Latha 30 19th street Project Tet Lann Construction Kan nar street 31 30th street Project 12 Naing Group Shwe Bone Thar 32 Hman Cho 12 1/2 Naing Group Pabedan 33 Mandalay Street & Bo Min Young St Project B+12 1/2 Naing Group Min Ga Lar Taung Nyunt 34 M & A Office Tower {B(2)+17}And {B(2)+7} Myint& Associate Company Kamayut 35 KBZ Residence 11 1/2 Majestics Kamayut 36 Corner of Shwe Bone Thar& Anawyahtar St 12 1/2 Naing Group Corner of Shwe Bone Thar& Anawyahtar St 37 Khon Zay Tan Tower 12 1/2 Arkar Kyaw Family Group Con Zay Dan St 38 Shine Business Tower B(2)+12 Shine Min Ga Lar Taung Nyunt 39 Pacific Hotel B+12 Yadanar Myaing Min Ga Lar Taung Nyunt 40 Soe San Tower 12 ½ Soe San Bo Ta hatung 41 Star City 12 Than Lyin Estate Development Near Thanlyin Bridge 42 No.227/229,Seik Kan Thar Street 12 1/2 MTM Kyauktada 43 Shwe Gone Daing Hotel(2). Bahan B(2)+21 December Bahan 44 Hill Top Condominium 16 Shwe Taung Alone 45 12 Stories Building 12 1/2 Motherland Kyauktada 46 Orchid Condominium B(2)+22 Taw Win Alone 47 DEC Tower (A) 27 MGW Bahan 48 PME Tower B+12+Open Shed Peace Myanmar Electric Alone 49 30th street B+12+P Naing Group Pabedan 50 Sedona Extension B+30 Straits Green Field Yankin 51 Twin Centro Condo 15+Mezzanine Floor Shwe Taung Development Sanchaung 51 DEC Tower (A) 27 MGW Bahan 52 B(2)+18 M & A Kamayut B(2)+18 
  • LIST OF HIGHRISE BUILDING SUBMITTED TO CQHP(2013-2014) SOURCE:COMITTEE FOR QUALITY CONTROL OF HIGH RISE BUILDING CONSTRUCTION PROJECTS 53 Kanbawza Tower(KBZ ) B(3)+16 1/2 Naing Group Sanchaung 54 Diamond Inya Palace R.C.C (35) Mandalay Golden Wing Ma Yan Gone 55 Traders Square B(2)+20 Mandalay Golden Wing Kyauktada 56 Malikha Condominium R.C.C (12 1/2) Shwe Taung Development Thingankyaun 57 DB Housing B+12 1/2 Shine Pabedan 58 Hotel Alinker(Jasmine) B+21 Shine Sanchaung 59 Yangon Garden Hotel B(2)+12 Family Business Group Tarmwe 60 Garden Park Hotel B(2)+27 - Mandalay 61 Ruby Hotel-1 Penthouse R.C.C+21 Capital Development Hlaing 62 Diamond Valley Rise 27 Aye'sFamily Bahan 63 AMC Tower B(3)+27,S.C Asia Metal Kamayut 64 Junction City - Shwe Taung Development Bogyoke Market & lay har pyin 65 Crown Condo B(2)+16,R.C.C Crown Advanced Alone 66 HAGL 27 Hoang Anh Gia Lai Myanmar Set Mhu 1 67 East Race Course(ERC) B(3)+20,R.C.C Naing Group Tarmwe 68 Atrium Hotel B(2)+(13 1/2 ) Yadanar Myaing Corner of Pansodan Upper &Bo Min Gaung road 69 Asia World Tower B(2)+32 Asia World Lamadaw 70 Junction Square 19+Basement, 22+Basement Shwe Taung Development Kamayut 71 Paragon Residence 27 Resources Group Alone 72 Yankin , Sayansan 22 Mandalay Golden Wing Yankin 73 Ruby -2 and Ruby -3 21 Capital Development Hlaing 74 Naing Office Tower(2) B(2)+12,R.C.C Naing Group Sule 75 9 Hotel B(2)+22 U Tin Win (Owner) Alone 76 Dragon Empire Const;(DEC-Tower B) 21 Mandalay Golden Wing Bahan 77 Kantharyar Consortium B(2)+27 Asia Myanmar Min Ga Lar Taung Nyunt 78 KER , Kabaraye Excecutive Residence B(3)+29 Ever Seiko Ma Yan Gone 79 Time City B(3)+23 Crown Advanced Kamayut 80 Five Star Hotel B(2)+24 Hoang Anh Gia Lai Myanmar Set Mhu 1 81 Daw Khin Khin (Owner) B+14 Aye Yeik Mon Alone 82 313,Pyay Road Project 16 Myanmar Seilone Sanchaung 83 KBZ Tower-Revised B(3)+16 1/2 Naing Group Sanchaung 84 Naing Office Tower(1) B(2)+12,R.C.C Naing Group Sule 85 Shangri La Hotel 4-Storey Podium +21 Shangri La Yangon Min Ga Lar Taung Nyunt 86 Merchant Suite B+19 Naing Group Capital Bo Ta Htaung 87 Hill Top Vista B+14 Shwe Taung Development Alone 88 Chatrium Hotel 13 Chatrium Hotel Royal Lake yangon Tarmwe 89 Condominium 18 Ta Kaung Bwar Hlaing 90 Golden City R{33x9}buildings O+S{30x1}buildings H{4x1}Buildings Golden Land Real Estate Development Yankin 91 U Kyi Soe B(3)+28 Pinya Manufacturing Myanmar & Myanmar Mayson Industries Bahan Residential - 15 no. Condominium - 32 no. Hotel - 14 no. R+Office Tower - 30 no. High rise Bldg. 20 storeyed and above (53) nos. 30 storeyed and above (15)nos. Location Map of Residential and Commercial Building Development, INNER URBAN AREA Sanchaung Ahlone, KyiMyinDine Kamayut Tamwe Yankin Mingala Taung Nunt Bahan Mayangone Yangon City Inner City Area High rise Bldg. 20 storeyed and above (53) no. 30 storeyed and above (15)no List of High Rise Building Submitted to the High-Rise Control and Monitoring Committee of YCDC Residential Commercial Hotel Building List Approveded by Committee 9 - 12 1/2 storeyed 16 - 3 13 - 32 storeyed 31 2 4 Building List on Going for Submitting to Committee 9 - 12 1/2 storeyed 1 - - 13 - 32 storeyed 3 - - Building List , Change design for Resubmitting to Committee 9 - 12 1/2 storeyed 17 - 1 13 - 32 storeyed 24 - - Building List, To Reduce Levels Directed By Committee 9 - 12 1/2 storeyed - - - 13 - 32 storeyed 6 - - Building List, To Inspect From Committee 9 - 12 1/2 storeyed - - - 13 - 32 storeyed 8 - 2 Total 106 2 10 
  • Number of buildings permitted by Building Department from 2011 to 2013 (YCDC) No. of Building (up to 8 storeyed) Issued for Permission (YCDC) (2014-3months) Housing Unit for 1st 3 months in Yangon - 4055+1500---- 5000 units Estimated Yearly Production - 20000 units (apprx) (2014) (Private Sector) Old Satellite Town and old suburban area are the most significant in housing Activities. 


Yangon office market report 2014!

  • Accelerating success. Research & Forecast Report Yangon | Office Market 2Q 2014 Demand likely to outstrip new and quality office supply Investment interest heightened towards the end of the second quarter with both developers and investors closely pursuing potential commercial deals in the office sector. The total supply pipeline is then only seen to further augment to now at 300,000 sq m. Due to robust demand, occupancy rates in both the Inner City and Outer City zones are at an all-time high while rates in Downtown Yangon, where all top-tier office buildings are located, have improved at a moderate pace. However, as the government grants more foreign business licenses, particularly in the banking industry, Colliers predicts that demand will outstrip the availability of top-tier office spaces in the medium term. Meanwhile, Yangon’s premium office rents remain the highest in the ASEAN region. Though unchanged QoQ, the forecast direction on the average rate is set to move upwards and breach the USD100 per sq m mark in the next twelve months. Forecast Direction 2Q 2014 – 2Q 2015 New Supply Occupancy Rent 
  • Market to be underserved despite healthy supply pipeline Positive business sentiments arose in the second quarter of the year resulting in stronger investment interest towards the property market, particularly in the commercial office sector. High rental and occupancy rates going forward are an inducement for further interest. As an outcome, office building construction activity in Yangon is expected to further heighten, with pipeline projects now collectively exceeding over 300,000 sq m of gross leasable space in some 18 new office developments. The number will soon build up as potentially 15 more projects, presently at the initial planning stages, are likely to be launched. Yangon Office Stock Source: Colliers International Myanmar This year alone, the city is expected to witness further growth in commercial building developments with new office spaces to rise by 76% YoY or an additional supply of over 60,000 sq m. This will drive Yangon’s total office stock to reach over 140,000 sq m by year-end; and eventually doubling in 2015. Despite the healthy supply pipeline, the market is still seen to be underserved going forward as the government is continuously geared to grant more foreign business licenses in the succeeding months; while Myanmar continually offers investment opportunities in the longer term. Even on a regional level, the city severely lags behind its ASEAN counterparts in relation to the amount and availability of quality office spaces. Regional Office Stock Source: Colliers International Myanmar For instance, Yangon trails next to Hanoi’s office stock which is 12 times higher; and represents a meager 2% of Kuala Lumpur’s over nine million sq m of office space. Similarly, the supply of international grade A offices in the city is still non-existent while the amount of lower international grade buildings remains scant. New quality developments on the rise However, some developers have now shifted to delivering improved quality buildings. These projects are slated to come online starting this year with the opening of Union Financial Centre in Downtown Yangon; and potentially future Grade A or B offices in most mixed-use and or integrated upcoming developments elsewhere in the city, such as Sule Centre, HAGL Myanmar Centre, Dagon City, Golden City, and Kantharyar Centre. Meanwhile, renovations and refurbishments have similarly been evident during the recent months. Some older buildings are now in the process of being converted to new office spaces as developers rush to serve the pent-up demand. For example is the former Ministry of Transport building which will offer nearly 2,000 sq m of new office space once fully-renovated in the next six to eight months. Others are Prime Hill Business Center and York Centre, both located in Dagon Township. 2 Research & Forecast Report | 1Q 2014 | Yangon | Office Market 
  • Notably, the number of serviced offices have likewise continued to rise since the first had set up in 2013. As of 2Q 2014, the total room stock for serviced offices totaled over a hundred rooms representing some 11 business centers - catering to new foreign business entities initially establishing a presence in Yangon. The number of new foreign entrants is only seen to further augment going forward. Serviced Office Cummulative Room Stock Source: Colliers International Myanmar The entry of foreign banks to lead growth in office demand In 2Q 2014, the Yangon city-wide occupancy rate slightly improved by a percentage point QoQ to 88% while supply remained unchanged at 99,900 sq m. This represents an occupied stock of close to 88,900 sq m. The Outer and Inner City areas remain the most preferred as occupancy rates in all buildings are in an all-time high level. With fewer supply and attractive rents, both districts are projected to be near or full occupancy in the long term. Meanwhile, occupancy rates in Downtown Yangon continue to improve consecutively over the last three quarters albeit at a more modest rate – by a percentage point on a quarterly basis. Colliers projects the rate to improve dramatically once the government allows new waves of foreign business to operate in the country. This especially entails large-scale MNC’s necessitating premium addresses in Yangon. In particular, the government is set to award as many as 10 foreign bank licenses in the next three months which will potentially spur demand for better quality offices. The entry of foreign banks along with the opening of the stock market in 2015, will eventually lead to a growth in Myanmar’s financial market driving companies in that sector to set-up office in Yangon. Nonetheless, with very limited quality offices in the pipeline, Colliers predicts that office space requirements are likely to outstrip top-tier supply in the medium term. Average Office Occupancy Rate by Locationa Source: Colliers International Myanmar 3 Research & Forecast Report | 1Q 2014 | Yangon | Office Market a Revised & Rebased At present, the direction for Yangon city-wide occupancy rate is to continually trend upwards. While a substantial 40,000 sq m of new office space is scheduled to be introduced in the second half of the year, an artificial drop in take-up rate may transpire. However, the anticipated surge in demand will only set the overall occupancy rate to breach the 90%-level in the next twelve months. Premium rents will hit over USD100 per sq m in the next twelve months The city-wide average rent remained relatively stable in 2Q 2014 to end at USD 72 per sq m monthly. This translates to about USD 36,000 monthly for a 500 sq m office space. Both the average rents in Downtown Yangon and Inner City area are unchanged at USD 87 and 58 per sq m monthly, respectively; while a slight uptick in average rent is realized in the Outer City area. The addition of new office buildings in the second half of the year may cause incremental pressures on rent as landlords are set to offer competitive rates. 
  • Meanwhile, Yangon continues to post one of the highest average Average Office Rental Rate by Locationb rents in the ASEAN region. The city’s current rental rate range between USD40 to 50 per sq m monthly for a low grade building, 100 and USD70 to 95 per sq m monthly for the mid-grade. While the average premium rate is unchanged at USD88 per sq m QoQ, it 80 consistently is above Singapore’s USD75 per sq m, despite that 60 all offices in Yangon are below international Grade A building standards. The forecast direction for premium rents remain 40 upward and is projected to hit the USD100 per sq m mark in the 20 next twelve months. 0 2011 2012 2013 1Q2014 2Q2014 Karlo Pobre Research Manager Research & Advisory +95 (0) 931 336 099 karlo.pobre@colliers.com Theint Theint Thwin Researcher Research & Advisory +95 (0) 950 267 22 theint.thwin@colliers.com Tony Picon Managing Director | Myanmar +95 (0) 942 103 4026 antony.picon@colliers.com Regional Prime Office Rental Rates (USD/SQ.M./MONTH) United States: 146 Canada: 44 Latin America: 25 Asia: 38 ANZ: 148 EMEA: 84 $2.1 1.46 15,800 Copyright © 2014 Colliers International. The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to acting on any of the material contained in this report. Colliers International Myanmar Unit 7/C (6th Floor) White Cloud Building, No. (138/142) Thein Phyu Road, Botahtaung Township Yangon Myanmar TEL +95 (0) 931 491 678 485 offices in 63 countries on 6 continents billion in annual revenue billion square feet under management professionals and staff Source: Colliers International Myanmar Source: Colliers International Myanmar b Revised & Rebased





Yangon Condominium Market 2014

  • Accelerating success. Research & Forecast Report Yangon | Condominium Market 1Q 2014 Demand shifts to modern and better- quality condominium projects Developers in Yangon are bullish towards the residential market amid growing interest among local end-users and investors. In 1Q 2014 alone, the number of units launched, for pre-selling condominiums reached 1,594 - representing 65% of those launched in 2013. However, the considerable rise in project launches over the last six months dragged the average take-up rate to 73% (-7% QoQ) while remaining unsold inventories particularly from older and low-grade projects expand. As the sales performance for the better quality condominiums set to improve in the next succeeding months, a recovery in take-up rate is expected. The market is now witnessing a shift in demand towards newer and modern grade condominiums. Integrated residential developments with better quality facilities are now commanding higher prices. Meanwhile, the lack of clarity on the impending condominium law still leaves local investors to remain cautious. Forecast Direction 1Q 2014 – 1Q 2015 New Launches Take-up Rate Selling Price
  • 2 Research & Forecast Report | 1Q 2014 | Yangon | Condominium Market Project sales launches projected to set new record high in 2014 With the renewed business interest in Myanmar, many developers are optimistic towards the residential market driven dominantly by a robust local demand; and eventually a potential surge in foreign demand, once the condominium law is enacted. As a result, local developers are currently strengthening their foothold with the number of sales launches continually increasing annually, while, foreign invested developments are starting to gain ground by pre-selling bigger scale and modern condominiums as part of their upcoming mixed-use projects. In 1Q 2014 alone, the total number of notable newly launched units in Yangon amounted to 1,594 – a substantial increase, representing 65% of the total units launched in 2013. Foreign invested developer, Golden Land Real Estate Development Co., launched the most number of units for the quarter covering the first phase of its Golden City project in Yankin Township. Meanwhile, local developers are also expanding their portfolios with new launches that collectively totalled to 1,074 units. Leading the pack for the quarter was Shwe Taung Development Co.,Ltd. with some 208 units introduced under its Hill Top Vista project located in Ahlone Township. The total number of launches this year is projected to exceed that of in 2013, as additional phases and new projects are yet to be announced and launched in the next succeeding months. Meanwhile, Yangon’s total stock of completed notable condominium projects, as tracked by Colliers, reached nearly 1,900 units as at end of 1Q 2014. The total supply stock will expand going forward as over 5,500 units are slated to complete from 2014 to 2017, or about an average of 1,375 units annually. Condominium sales slowed down, unsold inventory expanded Despite the bullish market outlook among developers, the take-up rate for pre-selling condominiums in Yangon abated consecutively over the past two quarters. As at end of 1Q 2014, the city-wide take-up rate declined by seven percentage points to 73% from end-2013’s 80%. Similarly, the rate is down by 10% versus that in end-2012. At present, the total unsold inventory is over 2,100 units which quadrupled since 2010. The take-up rate remains highest in the Outer City area at 77% as at 1Q 2014, but is lower by 6% than in end-2013. In the Inner City area, take-up rate decreased the most by 10% QoQ, down to 66%. Most of the sales of newly launched projects in the Inner City performed averagely in exception to Royal Sin Min Condominium. Despite fewer launches in Downtown Yangon, the weakening interest for the location coupled with the remaining unsold units of pre-sold lower grade projects continued to drag down the area’s take-up rate. Cumulative Launched Condominium Units Source: Colliers International Myanmar Pre-selling Condominium Take-up Rate Source: Colliers International Myanmar
  • 3 Research & Forecast Report | 1Q 2014 | Yangon | Condominium Market Residential projects in integrated developments command higher prices While the subsequent decline in take-up rates was partly a result of the considerable rise in sales launches, as in the first quarter of 2014, it is likewise highly attributed to the growing number of remaining unsold inventories particularly from older and low- end projects - amid the shift in demand to new and modern condominium developments. Moreover, based on recent sales launches, the majority of the unit type remains geared towards the three-bedroom units as opposed to smaller-sized units – which the supply is scant for rental accommodation versus strong expatriate demand. The overall take-up may gradually recover over the next six months as the sales performance of the recently launched and better-quality condominium projects is expected to improve. However, the ambiguous statutes concerning the impending condominium law still limits the potential boost in sales particularly from the local investors’ market. Among the projects launched in 1Q 2014, Downtown Yangon represented the lowest average selling price, offered in 50th Street Condominium by Triple Aung Construction. Many of the projects launched during the first quarter were classified under the USD 2,000 to USD 3,000 per sq m range, except those in the Outer City area where projects are priced at an average of USD 4,000 per sq m. The quality of condominiums in Yangon varies enormously and many of the latest launches over the last six months are for higher-end developments with facilities such as swimming pools and gyms, thus commanding far higher prices. The next wave of condominiums are taking the form of lifestyle concepts (live- work-play) prevalent in the major Southeast Asian cities. Some of the upcoming integrated residential developments are Crystal Residences, Golden City, The Gems Garden Condominium, Kantharyar Residences, The Atrium and Thanlyin Star City. Average Selling Price of Newly Launched Units In 1Q 2014 (per sq m) Source: Colliers International Myanmar Unit Mix of Projects Launched in 1Q 2014 (Yangon) Source: Colliers International Myanmar

"If I Could Put All My Money in Myanmar, I Would"


Friday, December 7, 2012

The Governor's Residence in Yangon is a richly restored teak mansion set in the leafy embassy quarter of the city. Now a luxury hotel, it was once the home of the governor when the British ruled Burma.
I met Mai Nguyen on the verandah for breakfast, under lazily spinning ceiling fans, amidst lush gardens and lotus pools. Mai is a Vietnamese transplant from Saigon. She is also an associate director at Yoma Strategic Holdings. Listed in Singapore, Yoma is a direct proxy for Myanmar's booming property market and one of the key opportunities I wanted to vet while I was here.
As regular readers know, I traveled the Golden Land, visiting Yangon, Bagan, Mandalay, and Ngapali. Mai was my first meeting in the country, and what follows is another glimpse at the extraordinary opportunities here.
Mai works for Serge Pun, who owns 50% of Yoma and is one of Myanmar's famous dealmakers. Pun left Myanmar in 1965 and spent nearly 30 years in Hong Kong and China. He came back to his home country in 1991 to found businesses in real estate, agriculture, automobile dealerships, and more. Yoma is primarily a real estate play with an enviable land bank of 12 million square feet in Yangon.
Just how valuable that land bank might be is easy to guess: very. There has been practically no development for 50 years in Yangon. This is the largest city in Myanmar, with a population of 4 million. The first chart of the nearby pair shows you how Yangon stacks up in population against its fellow members of the Association of Southeast Asian Nations.

Yangon Compared to Other Major ASEAN Cities by Population
The second chart shows you something of the growth potential of the city. It shows you the amount of office space in Yangon compared with regional peers. Consider that Hanoi, a city with half the population of Yangon, has nearly 17 times as much office space.

Total Stock of Office Space in Yangon
As Myanmar has opened up, prices have spiked. Through September, the average rental rate for office space per square meter is up 55% on the year. Vacancy is virtually nothing. For this example, I chose office space. But I could just as easily have picked hotel rooms, apartment units, or retail space. They all tell the same story. For Yangon, or Myanmar as a whole, these markets barely register as flyspecks. For developers of new properties  if you have the land  there is a fortune in the offing.
Mai helped fill in some details over hot bowls of mohinga. (This is a classic Burmese dish of fish soup and rice noodles, topped with split pea fritters, boiled egg, coriander leaves, dried chilies, and a squeeze of lime juice. You find it everywhere in this country.)  
She also shared valuable research with me about Myanmar and anecdotes about what it was like to live there.
Mai told me about Yoma's signature Pun Hlaing Golf Estate development. Pun Hlaing has over 600 acres of prime real residential estate. It sits on a peninsula between the Hlaing and Pan Hlaing rivers, about eight miles west of Yangon. Mai promised to arrange a tour of the property for me. I thanked her and dabbed at my forehead with a napkin. The spicy hot mohinga and humidity were making me sweat. I was often sweating in Myanmar.
When I got to see it, I was not disappointed. Pun Hlaing Golf Estate is gorgeous, an oasis from the traffic and noise of the city outside its gates. An 18-hole Gary Player golf course wends it away around high-end bungalows. There is a lot of water  18 lakes, the brochure says. The grounds are immaculate and you can see the famous Shwedagon Pagoda in the distance. Next time, I'll bring my clubs.
Tun Tun Lin, the sales director for the project, showed me around. There are 326 properties already built, and 220 families reside on the estate year-round. We looked in a number of these  villas, condos, and apartments. They would be high-quality anywhere in the world. There are also tennis courts, a swimming pool, a spa and salon, a gym, and a comfortable clubhouse overlooking the 18th green where we had dinner.
It's good to visit places like this, to see the best that one can achieve in a country. I would see the full spectrum while in Myanmar. In the big-picture sense, the country is poor. Per capita income is only $900. Compare that with $1,400 in Vietnam and $5,000 in Thailand.
As I've mentioned in other places, this disparity is due to 50 years of evil dictatorial oppression. Go back before World War II. Myanmar (then Burma) was perhaps the richest country in Southeast Asia. I see no reason why, as long as the country continues to move toward freer markets, it can't again at least move closer to neighboring Thailand. This "catching up" idea is at the heart of my bookWorld Right Side Up: Investing Across Six Continents.
There are plenty of risks. Myanmar's economy is not an inevitable sunrise. The thuggish generals and their cronies still have power. And there is ongoing ethnic and religious violence in the west between Muslims and Buddhists. Other parts of the country have similar troubles.
In reading as much about Myanmar's history as I could get my hands on, it's worth remembering that it has often been a fractious country with chieftains holding sway over areas as large as Scotland or strongholds as small a single hilltop. There are a bewildering number of tribes beyond the Irrawaddy River Valley, from the "giraffe women" of Padaung to the former headhunting Wa. But in terms of pure upside potential and size (with a population of about 60 million), there is nothing like Myanmar in the world.
It seems like people are interested in the story. When I got home, I sat for an interview with Lauren Lyster on the TV show Capital Account in Washington, D.C. And I also did a 40-minute interview with one of Myanmar's English-language business magazines, MZine+. People wanted to know what I thought and what my impressions were.
Later, I saw Lauren interview Jim Rogers, the prescient globe-trotting investor and author. In that interview, he said: "If I could put all my money into Myanmar, I would." 
Unfortunately, for a public stock market investor, it isn't easy to invest in Myanmar. Jim Rogers admitted as much, which made me feel better about my inability to turn up a good actionable idea despite my best efforts. (At least, not yet.) Yoma is really it  and its price, I have to say, reflects that.
Still, the market has a way of manufacturing what people want. And already I've had brokers and promoters send me information on tiny mining or oil and gas companies trying to raise money and do something in Myanmar. I'd avoid these. But good funds and ideas will come.

Regards, 
Chris Mayer

Ref:dailywealth.com




Myanmar,Yangon Real Easte Market Summary February 2014


Myanmar Business Today is Myanmar’s first bilingual (English-Myanmar) business newspaper, distributed in both Myanmar and Thailand. MBT covers a range of news encompassing local business stories, special reports and in-depth analysis focusing on Myanmar’s nascent economy, investment and finance, business opportunities, foreign trade, property and real estate, automobile, among others. MBT also provides detailed coverage of regional (ASEAN) and international business stories. 

Myanmar Business Today’s target readers are foreign and local investors, businesspeople and government officials, and our advertisers are also those who try to reach this niche market in Myanmar. We provide best solutions for our advertisers with our content, outstanding print and paper quality, and superior distribution chain. We convey our advertisers’ messages to readers not only in Myanmar but also in Thailand, Southeast Asia’s second largest economy. 

For more information please visit our website www.mmbiztoday.com. 





Wednesday, September 24, 2014

Building the Future of Myanmar!

Building the Future of Myanmar—an Address to the Yangon Institute of Economics


By Christine Lagarde


Managing Director, International Monetary Fund
Yangon, December 7, 2013

As Prepared for Delivery
Good afternoon—min-galaba! It is a great pleasure to come to the Yangon Institute of Economics. Let me thank the rector, Dr. Khin Naing Oo, for her gracious words of welcome. I would also like to acknowledge our moderator today, the illustrious Dr. Zaw Oo.
Myanmar today stands at the portal of a new world, a world brimming with promise, potential, and prosperity. It is undergoing a great awakening, a great opening to the world and all that it has to offer.
As your Indian neighbor, Jawaharlal Nehru once said in the context of his own country: “A moment comes, which comes but rarely in history, when we step out from the old to the new, when an age ends, and when the soul of a nation, long suppressed, finds utterance.”
Such a moment has come for Myanmar as it takes its rightful place in the beating heart of Asia, the most dynamic and innovative hub of the global economy. Myanmar is writing the next chapter of the Asian story—a great epic that has seen more than half a billion people forge the tools of opportunity from the chains of poverty in a remarkably short period of time.
As a true daughter of Asia, Myanmar has also come a long way in a short period. It has already gained the macroeconomic stability that forms the basis of economic liftoff. For sure, it is still fragile, and needs stronger institutional underpinning, but the groundwork has been laid.
This comes from the recent reforms undertaken by the government: adopting a managed floating exchange rate; establishing a functional foreign exchange market; removing exchange restrictions; and starting the process of liberalizing bank lending.
We can already see the payoff—growth of over 6 percent in the last fiscal year and rising toward 7 percent this year.
The next step is to build on these gains and take the path of sustained, strong, and inclusive growth—to lower poverty and lift the prospects of everyone in Myanmar.
I believe this path has three key dimensions—invest in the future, include all people in development, and integrate further into the broader regional economy. Invest, include, integrate. Let me talk about each of these points in turn.
1. Investing in the future
I will begin with investing in the future.
As Myanmar opens up and expands, it needs the structural foundations of a modern economy. This is an urgent priority. Three-quarters of the population have no access to electricity. Road density is only a fifth of the ASEAN average and almost half of existing roads are not passable during monsoon season. Telephone density is less than 10 percent, and only 1 percent of the population uses the internet.
Clearly, too many people are not yet equipped for the economy of tomorrow. I know it is a major priority for the government.
We should also not forget about agriculture, which accounts for over a third of GDP and over half of all employment. More than that, over two-thirds of the population depends on the land for their livelihood. So it is important to raise the productivity of agriculture—to boost the income of famers and all who depend on them. This calls for policies like seed development and increasing competition among rice traders.
Investing in the future also means investing in the people of Myanmar—in their health and education. Right now, spending on healthcare is only 1.5 percent of GDP, and spending on education is only 1.7 percent of GDP. Both are the lowest in ASEAN.
Sustained development depends on a healthy population. As it stands, the safety net is too weak to protect the population from the crippling effects of ill health and the potentially ruinous costs of healthcare. About 87 percent of overall health spending in Myanmar comes out of pocket—the highest in Southeast Asia.
Development also depends on education, which is the only sure stepping stone to a brighter future. As the Myanmar proverb puts it, “education is a pot of gold nobody can steal”.
While most children are enrolled in primary school, just more than half enroll in secondary school. Achievement rates are also low, with a dropout rates in primary school as high as 25 percent. Myanmar could step up its efforts in this area—including in vocational training to match the skills people have with the skills the economy needs.
Investing in these areas will require expanding the reach of taxation, so that everybody contributes fairly to the development of Myanmar. Right now, tax revenue comes to only 6 percent of GDP, one of the lowest ratios in the world, so there is scope for improvement. This entails a small sacrifice today for a much greater reward for society tomorrow.
2. Including all in development
Let me now turn to my second area—including all in the development of Myanmar, making sure all of Myanmar’s people ride the wave of prosperity together.
Economic policy should always have a preference for the poor—not just because it is good ethics, but because it is good economics too. With rampant poverty, people are too caught up in their daily struggles to fully develop their potential and contribute to society. It becomes hard to get finance, to get skills—and even just to get by.
We know that inequality is bad for sustained economic growth—the kind of growth Myanmar needs. Inequality makes countries more vulnerable to economic shocks and reduces the trust that is the lifeblood of a civil market economy.
Remember, inclusive growth is an Asian legacy. The first wave of economic dynamism—led by Japan and the Asian tigers—showed that strong growth could go hand-in-hand with low, and sometimes falling, inequality. This provides a roadmap for countries like Myanmar.
For sure, Myanmar is making progress. Poverty fell from 32 percent in 2005 to 26 percent in 2010. Yet this is still high, especially in rural areas and in certain geographical regions.
Including everyone in economic progress also has a strong gender component. I just spoke about this at the Myanmar Women’s Forum.
The evidence here is clear: when women do better, the economy does better. We have done some work on this at the IMF, showing that if women participated in labor markets to the same extent as men, the gains could be substantial. For example, per capita income could rise by 23 percent in South Asia, and by 15 percent in East Asia and the Pacific.
In Myanmar, the participation rate for women in the labor force is 54 percent, 28 percentage points behind men. Even so, about two-thirds of women work in Myanmar, with many concentrated in the informal sector—stuck in unskilled work with unstable earnings. Only 18 percent of adult women have attended secondary school or higher, making it harder for them to rise up.
Clearly, there is some room for improvement here. Some even say that the best way to reduce poverty in developing countries like Myanmar is to empower women—because they in turn are more likely to nurture and nourish the next generation.
As the famous Myanmar proverb puts it, “It is the mother’s hands that push the cradle that builds the future of the world”.
I know that Myanmar is blessed with an abundance of female talent from all walks of life. They are ready to contribute and ready to lead.
I have just met many of these remarkable women at the Myanmar Women’s Forum, which I left feeling both encouraged and inspired.
I am also inspired by the millions of women who toil under the sun each day, holding their heads high in the face of every adversity, saving and sacrificing so that their children can enjoy a better life. They are the backbone of Myanmar, and they are the future of Myanmar.
One final point: inclusion is fundamentally tied to fairness. Every single person should be given the chance to succeed in life—not just those with the right connections.
Myanmar’s first wave of growth, about a century ago, was driven by a few commodities in the hands of a few people. This kind of growth can work for a while, but it is unlikely to last. Lasting growth depends on a level playing field—underpinned by the principles of openness, transparency, and accountability.
3. Integrating into the regional economy
Let me now turn to my third area—integrating further into the regional economy.
As you know so well, integration is the Asian way. Asia has always looked outwards and sought its fortunes in the wider world. Its openness has been essential to its success.
Myanmar’s integration into the wider Asian economy comes at an auspicious time. Like never before, Asia is on the march. Already the most dynamic hub of the global economy, developing Asia could, by some estimates, account for half of global GDP by 2050. It will also be the nerve center of the global middle class, which is rising in record numbers.
This is your world, your economy, your destiny.
This new global economy will be more interconnected than ever before. We can see it today. Even the tiniest ripple can reverberate across the globe—often at high speeds, in unpredictable ways, with uncertain outcomes. Just look at how the global financial crisis played out.
This makes openness and cooperation even more essential than ever. Since our fortunes are bound together, we must work together to rise up together.
As the famous Myanmar proverb puts it, “islands rely on reeds, just as reeds rely on islands”.
Myanmar has already shown its commitment to openness and cooperation—including by chairing ASEAN and preparing to host the South East Asian Games.
The ASEAN Economic Community, expected to come on line in 2015, will take integration to a whole new level—offering limitless possibilities to a rising country like Myanmar.
For Myanmar is blessed with huge advantages. It is home to 60 million people who are ready to join a single ASEAN family. With almost a third of its people under the age of 14, it possesses an abundance of dynamism and youthful energy. It is the largest country in mainland Southeast Asia, second in size only to Indonesia within ASEAN. It enjoys bountiful natural resources and an enviable geographical location, sitting at the intersection between India and China, two of the global economic centers of gravity.
With ASEAN integration, Myanmar can make the most of these advantages. Half of its exports go to ASEAN countries. It will now have easier access to larger markets. It will be able to entice larger levels of foreign investment.
It will also be able to diversify. Right now, most growth is coming from extractive industries—with gas alone accounting for a third of export revenues.
Myanmar has great potential in so many different areas, such as telecommunications, manufacturing, garments, and banking. It has also great potential for tourism—it is one of the most enchantingly beautiful countries in the world, home to some of its most hospitable people.
Greater financial integration can also help Myanmar. A key priority is the widening and deepening of the financial sector, so that it can better support the productive economy and get credit to where it is most needed. Right now, credit is only 10 percent of GDP—one of the lowest ratios in the world. Two out of every three poor people do not have access to credit.
Financial integration will help Myanmar’s infant financial sector harness the skills and savings of its neighboring countries. In turn, this will help finance the businesses that will provide the jobs and economic security that the people of Myanmar need.
All in all, deeper integration can illuminate Myanmar’s path, and this light will remain undimmed in the long years ahead.
Conclusion
Let me conclude by noting that the Yangon Institute of Economics is the premier center for economics and business training in all of Myanmar.
You are some of the most talented people in the country. That means you have a great responsibility—to lift up the economic potential of the country and your fellow citizens.
Rest assured, you will not stand alone. Myanmar will not stand alone. It is a longstanding member of the global community. It has been a member of the IMF since 1952. I assure you that the IMF will always stand with you.
We will stand with you through our policy advice, drawing on the collective wisdom of the global community.
We will stand with you through our technical assistance and training, to help the people of Myanmar strengthen their capacity and build the strong institutions needed to sustain a vibrant economy in the years to come. We will be with you as you build the secure foundations of strong and inclusive growth.
I can assure you of this: we are with you for the long haul. We will be here to serve you, to help you, to partner with you, as you step up to seize the inheritance that is rightfully yours.
For Myanmar is truly a golden land with a golden future.
Thank you very much—che-zu tin-ba-deh!

Statement by the IMF Mission to Myanmar for the Second Review of Staff-Monitored Program


Press Release No. 14/18
January 21, 2014

An International Monetary Fund (IMF) team led by Mr. Matt Davies visited Myanmar during January 9–21, 2014 for the second and final review of the Staff- Monitored Program (SMP) for 2013.1 The mission met with Central Bank of Myanmar (CBM) Governor U Kyaw Kyaw Maung, Union Minister of Finance U Win Shein, other senior officials, as well as representatives of the private sector and donors. At the conclusion of the mission, Mr. Davies made the following statement:
“Myanmar is undergoing an exciting transition. Recent economic reforms include adopting a floating exchange rate and removing exchange restrictions; establishing an autonomous central bank; and significantly increasing spending on health and education. The authorities aim to build on these gains and achieve sustained, strong, and inclusive growth.
“The current economic outlook is favorable. Real GDP growth in fiscal year (FY) 2012/13 (year ending March) reached 7.3 percent, led by services and manufacturing. We expect it to rise further to 7½ percent in FY2013/14 and 7¾ percent in 2014/15. Credit to the private sector is expected to decline from current high levels but remain rapid at around 30 percent. The fiscal deficit in FY2013/14 is expected to be broadly in line with the budget target of 5 percent of GDP, but should fall to 4½ percent in FY2014/15, as a result of one-off revenues from telecommunications licenses.
“However, inflation is expected to exceed 6 percent by end FY2013/14 and remain elevated in FY2014/15. Also, the external current account deficit in is expected to widen further to about 5 percent of GDP in this period. As a result, the government’s accumulation of international reserves during FY2013/14 was slower than projected. Overall reserves still remain above 3 months of imports and accumulation should pick up in FY2014/15 as foreign direct investment and other inflows outweigh the current account deficit.
“Risks to the outlook arise largely from limited macroeconomic management capacity and narrow cushions. Inflation remains elevated and there are pressures from rapid money and credit growth, kyat depreciation and possible electricity price hikes. International reserves are still low and vulnerable to shocks.
“The authorities made good progress in 2013 on their macroeconomic reform priorities. The IMF has been supporting the authorities to monitor progress against a small set of quantitative and structural benchmarks, through the SMP. All of these have been achieved. They were focused on ensuring macroeconomic stability and building a framework and institutions for effective macro-economic management. They included building the CBM’s reserves, maintaining an appropriate fiscal deficit, liberalizing the foreign exchange market, and building monetary and fiscal policy tools and institutions.
“Looking forward, it is important to continue building on the progress made on the priority areas under the SMP. The CBM’s reserves grew rapidly in 2013 through transfers from state banks and it now holds most of the government’s international reserves, as envisaged in the CBM law. This progress needs to be consolidated and made automatic so that CBM can accumulate further reserves to provide a larger cushion against external shocks. CBM also requires full budgetary autonomy and a strengthened market framework in order to implement effective monetary policy.
“The fiscal deficit targets for 2013 were achieved by a comfortable margin. The authorities remain committed to a fiscal deficit target of 5 percent of GDP, which strikes an appropriate balance between financing development and maintaining stability. However, while monetary policy tools are still being developed fiscal policy has to bear the burden of macroeconomic stabilization. Monetization of the deficit should therefore be quickly reduced to moderate inflation pressures. Tax revenue is growing quickly but remains low; to enable increased spending it should be boosted though broadening the tax base and improving compliance.
“Financial sector modernization will require sustained reform efforts over several years. The banking sector is growing and modernizing rapidly and will require updated regulations and improved supervision capacity. Foreign bank participation can play a useful role in accelerating financial sector development but a gradual process is needed to minimize risks and to limit additional strain on supervisory resources. Supervisors also need to focus on the new policy banks established by government to ensure they are managed soundly and to minimize fiscal risks.
“The IMF is delighted to have assisted the authorities achieve a successful outcome to the 2013 SMP and stands ready to continue to support the government implement its ambitious economic reform agenda. We are prepared to assist the authorities in a range of ways, including policy advice, monitoring of reform progress and through intensive and tailored technical assistance delivered in close coordination with other donors to support capacity building.
“The team thanks the authorities for their excellent cooperation, candid and constructive discussions, and their generous hospitality during the visit.”

1 A staff-monitored program is an informal and flexible instrument for dialogue between the Fund staff and a member country on its economic policies. It is not accompanied by financial support. In Myanmar’s case, it involved joint monitoring of progress on the government’s own reform plans for 12 months through end-2013.

Change the Screen Shot Save File Location in Mac OS X!





Change the Screen Shot Save File Location in Mac OS X



Change where Mac saves screen shot files
By default, anytime you take a screen capture in Mac OS X, the resulting screenshot file will save to the current users desktop. This makes retrieval very easy and is very appropriate for the average Mac user, but for those who take a lot of screen shots in OS X, they may find their desktop to be cluttered with the screenshot files rather quickly.
An excellent solution is to adjust the default location of where Mac OS X saves captured screen shot files to another location in the file system when Command + Shift + 3 is pressed, this walkthrough will show you how to do that with a defaults command.

How to Change Where Screen Shots Save on Mac

You will need to use the command line to change the save location of screen shots in Mac OS X. Thus, the first thing you’ll need to do is launch the Terminal app from /Applications/Utilities/ to get a prompt.
The general syntax for changing screenshot file location is as follows, note it must be entered on a single line and with a proper path set for the new screencapture save location to take effect:
defaults write com.apple.screencapture location /path/;killall SystemUIServer
Change the ‘/path/’ sequence to where you want the screen shot files to save to. For example, if I want to have the screenshots appear in the user (~) Pictures folder, I would use:
defaults write com.apple.screencapture location ~/Pictures/
Hit the return key to set ~/Pictures as the location. You’ll need to follow it up with a SystemUIServer relaunch too:
killall SystemUIServer
Here is what this defaults sequence may look like as entered into the Terminals command line prompt:
Change the screen shot save file location in Mac OS X
Remember that ~ (tilde) is a shortcut to the current user home directory. A full path can be used as well, as we’ll discuss in a moment.
If you want to make a unique folder within the ~/Pictures/ directory to save your screen shots too, you can do that from the Finder as usual, or from the command line with the following command to create a directory named “Screenshots”:
mkdir ~/Pictures/Screenshots/
Now to set that new directory as the default saved location for captured screen images use the following syntax:
defaults write com.apple.screencapture location ~/Pictures/Screenshots/
For the changes to take effect without rebooting, kill SystemUIServer process to relaunch it and set the location:
killall SystemUIServer
That’s it, hit “Command+Shift+3″ to take a screen shot and watch as the file is no longer saved to the user Desktop, but to the newly defined screen shot location.
This means the next time you take a screenshot (or as Windows converts like to say, Print Screen on a Mac), the screenshot file will appear at the location you specified.
Note that some users in the comments have experienced syntax issues when typing the tilde (~) as a shortcut for the Home folder, that shouldn’t be an issue if used properly, but nonetheless you can get around that by implying a full path to the home directory as follows:
defaults write com.apple.screencapture location /Users/USERNAME/Pictures/
Where “USERNAME” is the precise shortname of the users home directory, followed by the desired path to set as the save location for future screen captures. Again, one must killall SystemUIServer or log out and back in again for the change to take effect.

Changing Back to the Default Screen Shot File Save Location in Mac OS X

If you decide having screencaptures automatically saved to another location on the Mac is no longer what you’d like to do, you can always change the saved screenshot location back to the OS X default setting simply by specifying the desktop again in the aforementioned defaults command sequence. The default save location would thus be the following:
defaults write com.apple.screencapture location ~/Desktop/
Again, you’d need to kill SystemUIServer for changes to take effect.
killall SystemUIServer
You can again verify the change has been set back to the default by hitting Command+Shift+3 to capture the screen as a file in OS X, and look on the active user accounts desktop to find the screen shot file.
Screen shots default save location in Mac OS X can be changed
For many users, maintaining the Desktop as the default location of the screen shot files to generate is perfectly fine, this trick is really intended for individuals who use Command+Shift+3 and Command+Shift+4 for screen captures often and find the desktop file generation to be a distraction or otherwise difficult to manage. Users may also find useful to change the file name of generated screen shots as well as the image file type that is used, both of which can be widely customized to accommodate preferences.
This command works in all versions of Mac OS X.


Screen Capture in Mac OS X

Jun 9, 2010 - 12 Comments


screen capture mac os xI use screenshots constantly to share bits of information with people, and they can be really helpful when troubleshooting as well.
Here’s all you’ll need to know about taking screenshots in Mac OS X, from capturing the screen in Mac OS X Finder and within applications, to changing the default screenshot file type, to taking screenshots from the command line.


Capturing screenshots in Mac OS X

You can use any of these commands to take screenshots directly in Mac OS X Finder or any running applications:

  • Command+Shift+3: takes a screenshot of the full screen (or screens if multiple monitors), and save it as a file to the desktop
  • Command+Shift+4: brings up a selection box so you can specify an area to take a screenshot of, then save it as a file to the desktop
  • Command+Shift+4, then spacebar, then click a window: takes a screenshot of a window only and saves it as a file to the desktop
  • Command+Control+Shift+3: take a screenshot of the entire screen (screens if multiple monitors), and saves it to the clipboard for pasting elsewhere
  • Command+Control+Shift+4, then select an area: takes a screenshot of selection and saves it to the clipboard for pasting elsewhere
  • Command+Control+Shift+4, then space, then click a window: takes a screenshot of a window and saves it to the clipboard for pasting
Some of the above instructions are borrowed from our print screen on a Mac article.

Change the screen capture file format

You can change the default file type for screen captures by using a terminal command. Most major image formats are supported including PNG, PDF, GIF, TIFF, and JPG, we’ll go with JPG since that is a common type of web graphic:
defaults write com.apple.screencapture type jpg
Then you must kill the SystemUIServer for changes to take effect:
killall SystemUIServer

Take a screenshot from the command line

You can take screenshots from the command line by using the screencapture utility:
screencapture test.jpgThe screen capture will then appear in the directory that the command was executed.
If you want to open the screencapture in Preview immediately after being taken, type:
screencapture -P test.jpg
You can also take screenshots silently, without the sound playing with -x:
screencapture -x silentscreenshot.jpg
If you would like to have a delay added to when the screenshot is taken use -T followed by a number of seconds:
screencapture -T 3 delayedpic.jpg
Specifying a file type is easy with the -t flag:
screencapture -t pdf pdfshot.pdf
Naturally you can combine them all together:
screencapture -xt pdf -T 4 pic.jpg
You can get a full list of screencapture flags by typing:
screencapture -h
Ref:osxdaily

My Blog List