ADB

Ministry of Education, Invitation for Bids to Supply Furniture, Closing Date: 15 June 2018.

May 16, 2018 by Thiha

Date: 16 May 2018 Loan/Grant No. and Title: MYA 3472 – Equipping Youth for Employment Contract No. and Title: MYA 3472/EYE/NCB/Goods/ CBMSC/ Dorms-Furniture/01 Deadline for Submission of Bids: 15 June 2018 1. The Government of Myanmar has received financing from the Asian Development Bank (ADB) towards the cost of Equipping Youth for Employment Project […]

Filed Under: Tenders & Awards Tagged With: ADB, Asian Development Bank, Aung San GTHS, Bed Sheets, Bid Security, Bunk Beds, Department of Education Research - Planning & Training, Employment, Equipping Youth for Employment Project, eye, EYE Project Management Unit, invitation for bids, Kale GTHS, Lashio GTHS, Lockable Cabinet, Lockable Cupboard, Long Table, Magway ITC, Mandalay GTHS, Mandalay ITC, Mawlamyine GTHS, Meikhhila GTHS, Ministry of Education, Monywar GTHS, Myanmar Economic Bank, Nay Pyi Taw GTHS, Naypyitaw, Near Bank Zone, Pakkoku ITC, Pathein GTHS, Pha-An GTHS, Plastic Chairs, PMU, Single Bed Mattress, Single Bed Mosquito Nets, Single Beds, Single Iron Box, Taungoo GTHS, Tha Ga Ya ITC, Thiri Kyaw Swa Street, Waibarrgi GTHS, Zabu Thiri township

ADB not worried about impact of technology on Myanmar jobs

May 15, 2018 by Thiha

Despite widespread automation of manual work functions, Myanmar jobs are not under “huge” threat by advancements in technology, economists at the Asian Development Bank (ADB) told the media during the organisation’s annual general meeting (AGM) in Manila on May 4. However, the government needs to monitor the impact of changing technologies on local jobs. Meanwhile, […]

Filed Under: Latest News Tagged With: ADB, ADB chief economist, ADB President, AGM, Asia, Asian Development Bank, auto mechanics, automatic sewing machines, car dealers, ICT, ICT infrastructure, information and communications technology, labour market, labour regulations, Manila, Mr.Takehiko Nakao, on-job training, re-training, skills development, social protection, T-Shirts, tax policies, Technology, vocational training, Yasuyuki Sawada, young entrepreneurs

ADB sees positive economic prospects for Myanmar, depending on FDI

April 19, 2018 by Thiha

The Myanmar economy is on target for further growth in 2017-18 and as it moves forward into a fresh fiscal year, but there are policy and reform risks that could derail growth, said Yumiko Tamura, principal country specialist, ADB Myanmar Resident Mission at the Asian Development Bank (ADB). Ms Tamura yesterday presented the ADB’s growth […]

Filed Under: Latest News Tagged With: ADB, ADB Myanmar Resident Mission, agriculture production, agriculture sector, asean, Asian Development Bank, Banking Sector, Budget, budget deficit, country’s GDP, Current Account Deficit, domestic banks, domestic tourism operators, education, FDI, food prices, foreign direct investments, GDP, healthcare, hotels, Imports, industry expansion, Infrastructure Projects, local interest rates, Myanmar, Myanmar economy, oil prices, overseas goods, principal country specialist, rakhine, rice and garment exports, social services, tour companies, Tourist Arrivals, Yumiko Tamura

Parliament approves to borrow US$80 M from ADB

March 29, 2018 by Thiha

Union Parliament approved to borrow US$80 million from Asian Development Bank (ADB) for towns along Greater Mekong Sub-region development project. Kyaw Tin, Deputy Minister for Construction said the project is to develop towns located along the East-West Economic Corridor in Greater Mekong Sub-region. The ministry chose Hpa-an and Myawady from Kayin State and Mawlamyaing from […]

Filed Under: Latest News Tagged With: ADB, ancient buildings, Asian Development Bank, deputy minister for construction, deputy minister for Planning and Finance, East-West Economic Corridor, Economy, Greater Mekong Sub-region development project, Hpa-an, Hpa-an industrial zone, Kayin State, Kyaw Tin, Maung Maung Win, Mawlamyaing, MInistry of Construction, Ministry of Planning and Finance, Mon, Mon State, Myawady, Parliament, services sectors, social, socio-economy development, transportation, Urban Development, waste disposal systems

Yangon-Mandalay expressway to be upgraded to international-class facility

February 20, 2018 by thiha

The Ministry of Construction has already planned to begin up-gradation of a length of 40 miles of Yangon-Mandalay expressway into the international-class facility, Deputy Minister Kyaw Lin of the Ministry of Construction told Lower House Parliament on February 14. Lower House MP Sai Ngaung Hsaing Hein representing Maukme Constituency asked if there was a plan […]

Filed Under: Latest News Tagged With: ADB, Deputy Minister Kyaw Lin, international-class facility, Lower House MP Sai Ngaung Hsaing Hein, Lower House Parliament, MInistry of Construction, Yangon-Mandalay Expressway

China And Japan’s ‘New Great Game’ Intensifies In Myanmar

February 2, 2018 by thiha

Throughout Asia the frontiers of investment are being pushed ever onward, gobbling up former backwaters in the hunt for cheap labor, natural resources, infrastructure deals, and the massive profits that can be made in the margins of a country transitioning from “emerging market” to “plain old market.” As the developed, investor countries of the world […]

Filed Under: Latest News Tagged With: ADB, Ahmedabad, Asia the Frontiers of Investment, Asian Development Bank, Belt, Bengal, BRI, China, China CITIC Group, China Harbor Engineering Company, China Merchants Holdings, Delhi Mumbai Industrial Corridor, FDI in Myanmar, Foreign Infrastructure Development, Japan, Japan International Cooperation Agency, Japanese banks, JICA, Kyauk Pyu Port, Partnership for Quality Infrastructure, Road Initiative, South Andaman Island, South Asia, Southeast, special economic zone, The Diplomat, Thilawa Special Economic Zone, TSEZ, Xi Jinping, Yangon

Yangon Stock Exchange launched Online Trading System for securities companies

January 10, 2018 by thiha

On December 26, 2017, SECM granted the approval for online trading to a handful of securities companies, which passed online trading tests and are ready for the system. The companies are the Myanmar Securities Exchange Center (MSEC), KBZ Stirling Coleman Securities (KBZSC), CB Securities and AYA Trust Securities. They will be ready to offer services […]

Filed Under: Latest News Tagged With: ADB, Apple Play Store, Asia Development Bank, AYA Trust Securities, CB Securities, Digital in Asia, Executive Director at MSEC Securities Company, First Myanmar Investment Ltd, First Private Bank, FPB, Google Play store, Htay Chun, IMF, International Monetary Fund, KBZ Stirling Coleman Securities, KBZSC, Khin Htwe Shwe, MCB, MSEC, MTSH, Myanmar Citizens Bank, Myanmar Securities Exchange Center, Myanmar Thilawa Special Economic Zone Holdings Ltd, Ricky Oo Hpone Thet Oo, Senior Executive Manager of YSX, Senior Vice President at AYA Trust Securities, Special Agreement of Online Trading, Thet Htun Oo, TMH Telecom Public Limited, World Bank, Yangon stock market

ADB Appoints New Country Director for Myanmar

December 22, 2017 by thiha

The FINANCIAL — The Asian Development Bank (ADB) has appointed Newin Sinsiri as its new Country Director for Myanmar. Mr. Sinsiri will lead ADB operations in Myanmar and supervise the effective implementation of ADB’s Country Partnership Strategy, which aims to help the country achieve sustainable and inclusive economic growth and job creation for poverty reduction […]

Filed Under: Latest News Tagged With: ADB, Chulalongkorn University in Thailand, Country Director for Indonesia, Country Director for Myanmar, Country Director Winfried Wicklein, Country Partnership Strategy, East Asia, Finance Sector Development, infrastructure development, Neighboring Countries Economic Development Cooperation Agency of Thailand, Newin Sinsiri, South Asia, Southeast Asia, the Asian Development Bank, The FINANCIAL

Kayin state struggles expose Myanmar’s energy dilemma

August 31, 2017 by thiha

Myanmar’s renewed interest in coal carries broader risks for the administration. But although a more forward-thinking approach towards greener energy is desirable, renewables come with their own problems. Local and national opposition to a proposed coal plant in Kayin state, eastern Myanmar, has exposed Myanmar’s energy security dilemma. Activists argue the project will have a range of […]

Filed Under: Latest News Tagged With: ADB, Asian Development Bank, Australia, China, Eastern Myanmar, India, Japan International Cooperation Agency, JICA, Kayin State, Myitsone Dam, National Electrification Project, NEP, South, Southeast Asia, Thailand, The Ban Chaung, ToyoThai Corporation Public Company Limited, World Bank

Thirty development projects in pipeline in Mandalay through fiscal 2020-21

July 20, 2017 by Thiha

The regional Minister for Planning and Finance, U Myat Thu told the second session of the regional Hluttaw that the development projects will be implemented in two ways; some will be carried out with loans and some will be carried out with financial support. Nineteen of the projects will be carried out with the help […]

Filed Under: Latest News Tagged With: ADB, AFD, agricultural, Asia Development Bank, City Development Committee, coaches, Constituency 1, Development of Ayeyarwady River System, development of the river system, development projects, Dr Chit Ko Ko, Dr Zaw Myint Maung, electricity supply, French Development Agency, international development aid agencies, international financial assistance, Japan International Cooperation Agency, JICA, Loans, mandalay, minister for planning and finance, Myanmar investment commission, Myanmar Railways, new locomotives, pipeline, Pyigyitagun township, regional chief minister, Regional Hluttaw, the Amarapura Urban Development Project, transportation, U Myat Thu, Urban Development, World Bank