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Japan to Provide Over $1 Billion in Loans to Myanmar for Development Projects

YANGON—Myanmar and Japan have signed four loan agreements worth about US$1.1 billion (120.915 billion yen, or 1.61 trillion kyats) to fund sewerage, urban development, power distribution and infrastructure improvement projects in seven regions and states in Myanmar. The four Official Development Assistance (ODA) loan agreements were signed on Tuesday between Japanese Ambassador Maruyama Ichiro and […]

Japanese pop culture fandom spreads in Myanmar

YANGON — Japanese pop culture is taking root in Myanmar, with big-name acts like AKB48 wowing crowds and manga styles influencing the comic scene. This is no accident. Active public-private cooperation is watering those roots. Japan’s government and companies have seen the success of South Korean dramas in the Southeast Asian country and are eager […]

Japan eyes Hantharwaddy airport construction project

The government is in negotiations with Japan for financing the construction of Hanthawaddy International Airport in Bago Region, after the original negotiations with a Singapore-led consortium fell apart in January, Transport Minister U Thant Sin Maung said on Tuesday. “This project is not halted,” he said, noting that Japan is very interested in the project. […]

Toyo radiator plant to locate in Thilawa SEZ

Toyo, a business conglomerate from Japan, will invest and construct its plant for car radiators in Thilawa special economic zone, said Ichiro Maruyama, minister-counsellor at Japanese embassy. “Japan’s leading manufacturer for motor parts is preparing to build its plant in Thilawa SEZ. Myanmar Japan Thilawa Development is in talks with the company. The plant would […]