Country Director

Deadly secret: The illegal abortions killing Myanmar’s women

May 8, 2017 by Thiha

Yangon, May 2 (AFP) Thiri’s heart started pounding and her whole body shook after she swallowed the final dose of pills that would end her unwanted pregnancy in a Yangon hotel. Her boyfriend had abandoned her after finding out she was pregnant — a familiar story in Myanmar, where many consider women “ruined” if they […]

Filed Under: Latest News Tagged With: Akhaya, boyfriend, buddhist, Burmese Language, China, Country Director, deputy representative, doctor, Dr Ni Ni, hospital, Htar Htar, India, IPAS, Kaori Ishikawa, Ma Ba Tha, Myanmar's women, NGO, Sid Naing, Southeast Asia, Su Su, Thailand, Thiri, umbrella, USD, work, Yangon

World Bank to Loan $100 Million to Myanmar Financial Development Project

April 29, 2017 by thiha

WORLD Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April. The representatives signed the loan for SDR71.700 million, which equals US$100 million, from the World Bank with low interest. Ulrich Zachau, country director, Southeast Asia, East Asia and Pacific […]

Filed Under: Latest News Tagged With: central bank, Country Director, East Asia, finance, Ministry of Planning, Myanmar Financial Development Project, Southeast Asia, Treasury Department, U Maung Maung Win, Ulrich Zachau, World Bank, World Bank International Development Association

US-based Ball Corp to invest in Thilawa SEZ

June 9, 2014 by thiha

Ball Corp, the American beverage cans manufacturer, will invest US$40 million to build its plant at Thilawa special economic zone, according to the company’s announcement on Friday in Yangon. “We are a leading manufacturer of steel and aluminium cans,” said a company official. The company signed a lease to set up its business in the […]

Filed Under: Latest News Tagged With: American Beverage, Ball Asia Pacific Ltd, Ball Corp, Country Director, invest, Japanese Ambassador, Min Tala Nyan, Myanmar Plant, Takeshi Higuchi, Thilawa Special Economic Zone

Western Union expands business in Myanmar

May 12, 2014 by thiha

The Western Union, a financial services and communications company, has expanded its remittance business in Myanmar under the cooperation with nine local banks, the company said. The announcement coincided with the ceremony to mark the company’s one-year anniversary, held yesterday at the Park Royal Hotel and attended by officials from Central Bank of Myanmar and […]

Filed Under: Latest News Tagged With: Central Bank of Myanmar, Country Director, Expand, Myanmar, Nguyen Thi Nhu Ly, Remittance Business, Western Union

World Bank gives $31.5m for telecoms

February 11, 2014 by thiha

The World Bank will provide a US$31.5 million credit toward reforming Myanmar’s telecommunications sector by expanding access and making usage more affordable, it announced on February 6. According to a press release, the project will enable a competitive telecoms sector through regulatory reforms to be made in the development of the information, communication and technology […]

Filed Under: Latest News Tagged With: Competitive Telecoms Sector, Country Director, E-Government, internet access, Lowest Rate, Reforming, Telecommunications Sector, Ulrich Zachau, World Bank

Big Year for Myanmar Economic Reforms

January 29, 2014 by thiha

: Myanmar’s parliament reconvened on January 13 with some 30 crucial proposed bills on the table, among them the establishment of a special economic zone law, mining regulations and the revamping of the foreign investment law. One thing was abundantly clear, 2014 is going to be a busy year. The stage for continued economic reform […]