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    Tagged: ADB

    Infrastructure International Relations Lead Story News Travel & Tourism

    ADB says loan for B’desh railway will improve access to Burma

    The Asian Development Bank says a US$1.5 billion loan to Bangladesh to build a railway line will bring trade and tourism to the country’s south and improve access to Burma.

    Economy Lead Story News

    ADB to more than double loans to Burma

    The Asian Development Bank says it will lend US$350 million to Burma next year, more than doubling the amount for this year, as the country begins to focus on major infrastructure projects.

    Lead Story Military News

    Burma among world’s highest spenders on military

    Burma is one of 20 countries whose military expenditure is more than four percent of its GDP, according to a Swedish think tank.

    More

    Business Weekly Economy Labour Issues Lead Story News

    Business weekly 28 March

    ADB predicts 8.3% growth in Burma for 2015; Burma energy drink firm signs Liverpool FC; Chevron inks oil deal; and problems for the shrimp industry.

    Analysis Contributor Lead Story News

    Growth at any cost: Strategic direction or tunnel vision?

    For those keen to participate in Burma’s uneven process of opening up, uncomfortable compromises have had to be made on all sides. Slow and steady no longer wins the race, says DVB contributor David Baulk.

    Business Business Weekly Lead Story News

    Burma Business Weekly

    BUSINESS in BURMA THIS WEEK: Ooredoo defends against boycott; Rangoon to get more freight ports, jetties; ADB supports renewable energy in Burma; US govt fines Fokker for breaking sanctions rules.

    Development Lead Story News

    IFC supports privatisation of Rangoon power supply

    The IFC will buy a stake in Rangoon’s state run power supplier the Yangon Electricity Supply Board in order to transform the ailing office into a “commercially viable corporate entity”.

    Health Lead Story News

    ADB pledges HIV/AIDS support for remote villages in eastern Burma

    With Japanese funding, the Asian Development Bank says it aims to provide significantly better HIV/AIDS services in remote parts of eastern Burma by 2017.

    Business Lead Story

    Parliament approves plan to accept US$260 million loan from World Bank

    The 40-year loan – at a fixed 0.75 percent interest rate – would be used to develop the communications sector and to improve schools.

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