Myanmar: News Releases
Read news releases related to Myanmar.
Latest News Releases
ADB Maintains Developing Asia Growth Forecast
Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.
ADB, Japan Projects to Improve Lives, Incomes of Poor Myanmar Communities
Three grant projects to improve the lives and health of poor and vulnerable communities in Myanmar are set for rapid implementation following the recent signing of financing agreements between the Ministry of Finance and the Asian Development Bank (ADB). The grant projects, totaling a combined $26 million, are being financed by the Japan Fund for Poverty Reduction and administered by ADB.
ADB, Japan Grant to Pioneer Off-grid Renewable Energy Access in Myanmar
The Asian Development Bank (ADB) will bring power to 25 off-grid villages of Myanmar, through a $2 million grant project to pioneer the expansion of renewable energy in the country.
Myanmar Set to Join ASEAN Infrastructure Fund in 2014
Myanmar is slated to join the shareholders of the ASEAN Infrastructure Fund (AIF), bringing all 10 ASEAN members into the AIF. With Myanmar expected to join within 2014, the existing AIF shareholders include Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Philippines, Singapore, Thailand, Viet Nam, and the Asian Development Bank (ADB).
ADB, AFC and UNAIDS Launch "Protect the Goal" Campaign
The Asian Football Confederation (AFC), in conjunction with the Joint United Nations Programme on HIV/AIDS (UNAIDS) and the Asian Development Bank (ADB), has officially launched the Protect the Goal campaign in Southeast Asia.
ADB, Japan to Assist Myanmar Improve Water and Sanitation Works
About 18,000 people in Yangon and Mandalay will have access to a safe, regular water supply and improved sanitation facilities with the signing of a Japan Fund for Poverty Reduction-funded $4 million grant to be administered by ADB.
ADB Approved $21.02 Billion in Financing Operations in 2013
The Asian Development Bank (ADB) approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.
ADB President Speaks at ASEAN Finance Ministers’ Meeting in Myanmar
ADB Pesident Takehiko Nakao participated in the 18th ASEAN Finance Ministers’ Meeting in Nay Pyi Taw, Myanmar on 5 April. Mr. Nakao presented the economic outlook and policy challenges for ASEAN in its continued push toward the ASEAN Economic Community in his speech to the ministers.
ADB President Commends Myanmar's Reform Gains, Pledges Ongoing Support
Asian Development Bank (ADB) President Takehiko Nakao, who is visiting Myanmar to attend the ASEAN Finance Ministers meeting, met with Myanmar’s President U Thein Sein and senior government officials today to discuss ADB’s support in helping address the country’s development challenges and in realizing its opportunities.
ADB, Japan Help Myanmar Upgrade Youth Skills to Lift Economy
ADB and Japan are to help Myanmar upgrade and modernize technical and vocational training programs to meet the country’s pressing need for skilled young workers.