Myanmar is planning to take a US$60 million loan from the Asian Development Bank (ADB) to establish a Credit Guarantee Corporation (CGC), U Maung Maung Win, the Deputy Minister for the Ministry of Planning, Finance, and Industry, said in Parliament on May 21. The proposal was sent by the President. U Maung Maung Win said […]
Myanmar Solar: Lots of Potential, But a Cloudy Outlook for Solar Energy Development and Growth
December 16, 2019 by
Solar energy is just beginning to gain some traction in Myanmar, a country that has been gradually opening up its economy and society to the world since 2011. Demand for energy has been growing fast, in parallel with the ASEAN (Association of Southeast Asian Nations) member’s economy, and solar energy is competing against a variety […]
Philippines Firms Eye ASEAN’s last Frontiers
November 27, 2019 by
PHILIPPINE conglomerates are watching out for opportunities in less developed but fast-growing Association of Southeast Asian Nations (ASEAN) members, drawn by the “unique needs” of these markets. Gross domestic product growth projections of the Asian Development Bank, International Monetary Fund, the World Bank and the ASEAN+3 Macroeconomic Research Office for Cambodia, Laos and Myanmar have […]
Myanmar to commence 10-year bond auctions ‘soon’
November 26, 2019 by
Myanmar will start auctioning 10-year sovereign bonds to meet demand for long term debt from the newly minted insurance industry, said Daw Si Si Pyone, Director General of the Treasury Department under the Ministry of Planning and Finance (MoPF). “We are planning to launch auctions for 10-year government treasury bonds soon as demand, mainly from […]
Myanmar needs to accelerate economic reforms to sustain growth: ADB
April 9, 2019 by
Presenting an optimistic growth outlook for the current fiscal and the coming years, ADB urges government of Myanmar to continue focusing on economic reforms, particularly in the areas of public finance management, legal and regulatory frameworks and governance and accountability. Pointing out the need for prudent use of scarce resources for infrastructure and skill development […]
Request for Quotation (RFQ): Ministry of Hotels and Tourism (MOHT), Deadline 11 March 2019
March 4, 2019 by
G-9184-MYA: Economic Empowerment of the Poor &Women in E/W Economic Corridor Bamboo Equipment for Processing Facility in Chaungzone & Kyaikhto Township, Mom State. The above mentioned Project is being implemented by Ministry of Hotels and Tourism (MOHT) under a grant from Japan Fund for Poverty Reduction (JFPR) administered by Asian Development Bank (ADB). Part of […]
Long-term investment is the key, according to Ascent Capital founder
February 6, 2019 by
Myanmar is an emerging market and long-term play for investors seeking to come in. In the following interview, Mizzima talked with Mr Lim Chong Chong, Ascent Capital Partners Founder and Managing Partner about the launch of a Myanmar-focused private equity fund – Ascent Myanmar Growth Fund – and the prospect for the economy and investors. […]
Ministry of electricity and energy, electricity supply enterprise, Expressions of Interest, EOI, Consulting Services, Submission Date: 27 September 2018.
September 7, 2018 by
Date 7th September 2018 Project No. 50020-002 Project Title Myanmar: Power Network Development Project Title of Assignment Project Implementation Consultant (PIC) (Distribution Component) Deadline for Submission of EOI [27th September 2018 , 14:00 hr] 1. The Republic of the Union of Myanmar has applied for financing from the Asian Development Bank (ADB) toward the […]
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