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Myanmar

World Bank Approves $80Mn Aid in Burma, first in 25 Years

For the first time in 25 years the World Bank has approved a grant for Burma and developed a strategy for helping the government improve its economic management.

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For the first time in 25 years the World Bank has approved a grant for Burma and developed a strategy for helping the government improve its economic management.

The bank issued a statement Thursday saying the $80 million grant is for infrastructure projects in poor rural areas.

World Bank president Jim Yong Kim said he is pleased by reforms that have been taking place in Burma and encourages the government to continue to push forward with their efforts.

The bank closed its Rangoon office in 1987 and halted new lending after the then-ruling military stopped making payments on debts worth hundreds of millions

via World Bank Approves First Burma Aid in 25 Years.

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Cambodia

CLMV’s economic growth crashes to two-decade low due to COVID-19

The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year

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The COVID-19 pandemic is having a negative impact on CLMV economies through their dependency on foreign-sourced revenue from tourism and exports says KResearchCenter.

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India

Marketing and investment strategies in Myanmar, India

To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

National News Bureau of Thailand

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Marketing and investment strategies in Myanmar, India

BANGKOK, 26 July 2019 (NNT) – To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

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Cambodia

Thailand pushes CLMVT as the “New Value Chain Hub of Asia”

The Ministry of Commerce, in cooperation with 11 relevant agencies, hosted the CLMVT Forum 2019 with delegates from Cambodia, Laos, Myanmar, Vietnam, and Thailand

National News Bureau of Thailand

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BANGKOK, 24 June 2019 (NNT) – Thailand’s Prime Minister, Gen. Prayut Chan-o-cha, today attended the opening of the CLMVT Forum 2019, and urged its member countries to push for the development of the CLMVT Regional Value Chain, so that they can have more bargaining power and improve the well-being of their citizens.

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