JICA provides 5 billion JPY low-cost financing to SMEs under a new emergency program -
Mon, 01/06/2020 - 23:15

The Japan International Cooperation Agency (JICA) is providing 5 billion JPY (approx. 64 billion MMK) low-cost financing with terms and conditions favorable to SMEs to support the continuation of their business activities amid the severe economic situation caused by COVID-19. This emergency progr...

JICA (Japan International Cooerating Agemcy) Myanmar
Huge fentanyl haul seized in Asia's biggest-ever drugs bust
Wed, 20/05/2020 - 05:30

Myanmar police say they have seized a huge haul of liquid fentanyl - the first time the dangerous synthetic opioid that is ravaging North America has been found in Asia’s Golden Triangle drug-producing region.

In a sign that Asia’s drug syndicates have moved into the lucrative opioid marke...

The Telegraph/Yahoo News
Myanmar to launch its first satellite in 2021 with Japan's help
Tue, 12/05/2020 - 19:30

YANGON -- Myanmar plans to launch its first satellite in 2021, using Japanese technology. Engineers and researchers in the country will develop an ultrasmall satellite and launch it into Earth orbit with the help of Japan's Hokkaido University and Tohoku University.

The satellite will be a...

Nikkei Asian Review (11 May 2020)
Myanmar to Receive $2B in COVID-19 Relief from Int’l Development Organizations
Mon, 11/05/2020 - 18:15

11 May 2020 YANGON—Myanmar is set to receive around US$2 billion from international development organizations to implement its COVID-19 Economic Relief Plan (CERP), which seeks to mitigate the economic impact...

Irrawaddy
Myanmar Govt to Probe Fatal Shooting of WHO Driver Transporting COVID-19 Swabs
Wed, 29/04/2020 - 22:15

By ZARNI MANN 29 April 2020

MANDALAY—The Myanmar government on Tuesday announced the formation of an investigation committee to probe the death of a World Health Organization (WHO) driver who was killed in a shooting in Rakhine State.

The WHO vehicle transporting swabs taken from 20...

https://www.irrawaddy.com/
Myanmar Central Bank Cuts Rates by Another 1.5 Percentage Points Amid COVID-19 Slowdown
Wed, 29/04/2020 - 17:30

By THE IRRAWADDY 28 April 2020

YANGON—The Central Bank of Myanmar (CBM) has cut its key interest rates by a further 1.5 percentage points as the global COVID-19 pandemic continues to take a toll on the country’s economy.

This is the third time the CBM has reduced rates since it anno...

https://www.irrawaddy.com/