World Bank signals $2b injection

The World Bank plans to invest US$2 billion on projects called ‘multi-year programs’ that to improve access to energy and health care for poor people and support other key development priorities, World Bank president Jim Yong Kim announced on January 26 during his visit to Yangon. “Our $2b multi-year program will support the government’s plans […]

Benefits on offer to all investors in Myanmar

Insurance against political risks from World Bank unit Myanmar’s membership in the Multilateral Investment Guarantee Agency will be of great benefit to local businesspeople as well as foreign investors working in the country, according to its officials. MIGA, an arm of the World Bank Group offering political-risk insurance and credit enhancement, announced late last month […]