ADB approves electricity infrastructure loan for Myanmar
The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.
Myanmar President Orders Mining Firms to Publish Contracts, Boosting Transparency
YANGON — Myanmar’s president has instructed the government, state-owned enterprises and private companies involved in the country’s extractive sector to publicly disclose any contracts from Jan. 1.
Myanmar Vows to Slash Carbon Emissions by Hundreds of Millions of Tonnes
YANGON—Myanmar’s State Counselor promised to submit a national climate action plan by the end of the year that includes commitments to reduce the country’s carbon emissions by hundreds of millions of tonnes, in her comments to the international Climate Ambition Summit.
Myanmar-based solar-powered products provider bags $2m in series A2 round
SolarHome, a “pay as you go” solar-powered products provider for households, announced that it has closed US$2 million in a series A2 financing round led by investment firm Trirec and Insitor Impact Asia Fund.
Myanmar to sell 50% of gas to Thailand, 20% to China this year
Myanmar has expected to sell 50 percent of natural gas produced from offshore projects to Thailand and 20 percent to China while the remaining 30 percent is set for domestic sale, according to the 2020-2021 State budget data.