IFC to invest US$10billion in Myanmar Awba Group

International Finance Corporation (IFC), a member of the World Bank Group, entered into an agreement to make an investment of US$10billion in Myanmar Awba Group, it is learnt from a signing ceremony held on 6th September at Hotel Novotel, Yangon. The investment provided by IFC will be spent on the Hmawbi Agricultural Input Complex, which […]

Israel aims to make its mark in Myanmar

Since the recent opening up of the country, Myanmar has been receiving tremendous interest from investors, conglomerates and countries around the world who are vying for a piece of the last frontier in Asia. The US and EU governments have been making attempts aggressively to normalize their relations with the former pariah nation by lifting […]