IFC Pledges US$10 Million to Agri-Business Myanma Awba

  RANGOON — The International Finance Corporation (IFC) on Tuesday pledged US$10 million to local agri-business Myanma Awba, according to the IFC website. The additional funds are intended to jump start Myanma Awba’s $25 million project aimed at setting up a new agro-chemicals formulation plant, as well as enhancing packaging and warehouse capacity, seed production, […]

Myanmar stand by Dawei project

NAY PYI TAW : A senior Myanmar official brushed aside concerns that the Dawei deep-sea port and special economic zone (SEZ) will be scrapped for lack of financial support from Japan. Set Aung, the deputy minister for national planning and economic development, said Japan is interested in Dawei, but many more feasibility studies must be […]