JICA loans additional USD 280 million

Myanmar has accepted yet another COVID-19 recovery loan from Japan. This week, the government signed an agreement with the Japan International Cooperation Agency (JICA) to borrow JPY 30 billion (around USD 282 million) for its ongoing COVID-19 Econom

Japan to give USD 420 million in COVID relief

A state visit by Japanese foreign minister Toshimitsu Motegi ended in an offer of JPY 45 billion—roughly USD 420 million—in additional COVID-19 recovery assistance. The foreign minister and State Counsellor Daw Aung San Suu Kyi also discussed way

Railroads dominate Myanmar Project Bank

This week the Myanmar Times reported that the Myanmar Project Bank, a new collection of ongoing projects under the Myanmar Sustainable Development Plan (MSDP), has added a total of USD 7.9 billion worth of projects in 2020. Railway infrastructure acc