Senior officials from ASEAN and the European Union are working on a joint statement on climate change to show their solidarity and commitment to the Paris Agreement. “The document will be finalised soon, and the announcement will be made at the post-ministerial meeting,” said a senior...
Read MoreABB believes microgrids are the solution to Myanmar’s power shortage problems. A senior executive at the power grid company explains how it can be done. Khun Chiayot: The Myanmar economy has been growing fast and the country’s infrastructure has not been able to keep up with...
Read MoreThe Government needs an estimated K300 billion to supply electricity throughout the country for financial year 2017-2018, U Myint Oo, deputy director general of the Electricity and Energy Ministry’s Department of Electric Power told The Myanmar Times. But U Myint Oo said that the government will be...
Read MoreThe World Bank today approved an International Development Association (IDA)* credit of $150 million to enable marginalized communities in Kenya to access modern energy services through off-grid solar. Off-grid Solar Access Project for Underserved Counties will serve an estimated 1.3 million people in 277,000 households across 14...
Read MoreThree energy efficient kindergartens were opened today in Aktau city providing 1500 students and staff with improved heating, water supply and lighting. Representatives of the World Bank, Swiss Embassy in Kazakhstan and the Ministry of Investments and Development of the Republic of Kazakhstan together with...
Read MoreOfficials on Wednesday held the first piling ceremony for the construction of a housing project for civil servants and retired government employees in the Mandalay Region, a senior official said. The ground breaking ceremony for the housing project for civil servants. Kyaw Ko Ko / The...
Read MoreUK businesses are keen to leverage their strengths and expertise to support Myanmar’s transport and infrastructure development, the UK Prime Minister’s Business Ambassador told The Myanmar Times. Andrew McNaughton, the UK Prime Minister’s Business Ambassador for infrastr-ucture and chief operating officer of France-based Systra Group. Photo -...
Read MoreMyanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. Oil tanker named ‘Kun Lun San’ is seen at Made island deep sea port in...
Read MoreThe Uganda Economic Update released by the World Bank today shows the country currently with a shortfall of nearly $1.4 billion in financing per year, equivalent to 6.5 percent of its Gross Domestic Product (GDP). Uganda needs to explore raising capital from the private sector...
Read MoreThe Myanmar Centre for Responsible Business (MCRB) and DaNa Facility have signed a two-year grant agreement, involving approximately US$1.2 million for 2017-18, to encourage responsible business activities across the country. Director of Myanmar Centre for Responsible Business Vicky Bowman speaks to reporters. Naing Wynn Htoon /...
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