The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) towards the cost of Electric Power Project (EPP). The IDA No. of the financing agreement is No. 5306 MM. The Electric Power Generation Enterprise (EPGE) of the Ministry of Electricity and Energy in its role as implementing agency of […]
Northeast India strengthens ties with Myanmar
The Mandalay Region Chamber of Commerce and Industry (MRCCI) and businesses from northeast India met to discuss trade between the two regions on February 24. A Memorandum of Understanding (MoU) on cooperation between companies in Mandalay and northeastern India was also signed. Mr. Nanda Singh Bhaisora, consul general of India, said that the purpose of […]
Political make-up a bottleneck for Shan economy
The political make-up of the state’s executive and legislature results in a lot of time and energy spent on negotiations instead of implementing sweeping economic reforms in Shan, according to a local chamber of commerce. The state needs political stability and it needs to generate value-added agricultural products in order to grow its economy. Shan […]