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
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
