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World Bank approves $140 million for Myanmar electricity

2013-09-25 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The World Bank's board on Tuesday approved a $140 million interest-free loan to fund a more efficient power plant in Myanmar, as the bank seeks to support reforms in the Southeast Asian country. The World Bank has stepped up its engagement with Myanmar, which is rich in resources but underdeveloped after decades of isolation under military rule. The quasi-civilian government that came to power in 2011 re-engaged with lenders and has started implementing political and economic reforms. Myanmar...

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Japanese firms to improve airport safety in Myanmar

2013-09-23 01:00:00| Airport Technology

Myanmar's Department of Civil Aviation has signed agreements with a group of Japanese companies, including Sumitomo, NEC, Toshiba and Morita, for a project to improve airport safety and security across the country.

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Myanmar Posts and Telecom in talks with 'foreign giant'

2013-09-17 01:57:00| Telecompaper Headlines

(Telecompaper) Myanmar Posts and Telecommunications (MPT) is in talks with international telecommunications companies to help it expand as competition is set to start in the country. Earlier this year, Telenor and Ooredoo won mobile licences. Domestic companies MPT and Yatanarpon Teleport already have licences but MPT is currently the only operator with mobile infrastructure in Myanmar. "We are now discussing a joint venture agreement with a foreign giant," managing director U Aung Maw told The Myanmar Times. He said the company held talks with companies from France, Singapore, Japan, and other countries but declined to name the firms. However, Orange's senior vice president Dominique Espinasse confirmed that his company was in talks with the government about a partnership with MPT. Yatanarpon Teleport also expects to find a partner to help it with its planned mobile rollout, according to chief executive U Tin Win.

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Unicharm completes acquisition of Myanmar Care Products

2013-09-11 07:00:00| Nonwovens Industry Breaking News

Tags: products care acquisition myanmar

 

F&N in dispute with Myanmar partner

2013-09-10 09:50:32| Beverages - Topix.net

Fraser & Neave, controlled by billionaire Charoen Sirivadhanabhakdi, said it received an arbitration notice from the lawyers of its partner in Myanmar Brewery.

Tags: partner dispute myanmar

 

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