Japan ambassador says economic ties will deepen

This week, Japanese ambassador to Myanmar Ichiro Maruyama offered the NLD effusive praise following their election victory and reaffirmed Japan’s unwavering commitment to Myanmar’s economic development. In an interview with the Irrawaddy,

Japan loans USD 400 million for development

Japan and Myanmar have finalized a set of loans totaling around USD 409 million to develop Myanmar’s small and medium enterprises and to build a new bridge across the Sittaung River. Japanese ambassador to Myanmar, HE Ichiro Maruyama and deputy
Myanmar’s satellite takes a big step towards launch

Myanmar’s satellite takes a big step towards launch

State-media reported that Hokkaido University and Tohoku University in Japan, developers of Myanmar’s micro-satellite MMSATS-1 (or Lawkanat-1 in Myanmar), have completed their work on the satellite and transferred it to the Japan Aerospace Expl

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

Thilawa SEZ investment hits USD 1.9 billion

Yangon Region’s Thilawa Special Economic Zone has continued to boom with USD 1.9 billion in total investment. The investment has come from 111 domestic and foreign companies, according to data from the Myanmar Thilawa SEZ Holdings Public Co Ltd