WB: USD 50 Million in Fast-Track Financing for National COVID-19 Emergency Response

WB: USD 50 Million in Fast-Track Financing for National COVID-19 Emergency Response

In a press release on April 20, the World Bank announced that it had approved a USD 50 million credit for the Myanmar COVID-19 Emergency Response Project. “This fast-track financing will help Myanmar fill a critical gap in its contingency plan to u
Taunggyi Hospital Acquisition of majority stake by FMI

FMI subsidiary buys majority stake in Taunggyi hospital

Yoma Siloam Hospitals Pun Hlaing, a subsidiary of the conglomerate First Myanmar Investment (FMI), has paid USD 4.9 million for a majority stake at a hospital in Taunggyi, the capital of Shan State, according to a report in the Myanmar Times. The rep