Japanese International Cooperation Agency (JICA)

Yangon-Mandalay railway to receive monitoring system

June 29, 2018 by thiha

Railways authorities are planning to install a modernized train monitoring system (TMS) in Yangon-Mandalay railway using a loan from official development assistance (ODA) from Japan, according to Ministry of Transportation and Communications. “We planned one billion Yen for the TMS to modernize Yangon-Mandalay railway,” said an official from the ministry. The Japanese International Cooperation Agency […]

Filed Under: Latest News Tagged With: Japanese International Cooperation Agency (JICA), Ministry of Transportation and Communications, Official Development Assistance (ODA), train monitoring system (TMS), Yangon-Mandalay Railway

Myanmar commercial capital to get $293 million rail upgrade

September 9, 2015 by Thiha

YANGON – Myanmar has approved the overhaul of a circular rail system in its commercial capital, Yangon, in a step towards modernising a city choked by traffic jams and under pressure from an influx of migrants lured by an expanding economy. The US$207-million (S$293 million) Japan-funded upgrade to the 48-km (30-mile) system will focus on […]

Filed Under: Latest News Tagged With: Ba Myint, cheap labour, circular rail system, economic, expanding economy, foothold, infrastructure, Japanese firms, Japanese International Cooperation Agency (JICA), Ministry of Rail Transport, Resources, Traffic Jams

BTMU’s First Three Months Dealing Dollars in a Land of Kyat

August 4, 2015 by Thiha

Three months ago, Bank of Tokyo Mitsubishi UFJ (BTMU) won a race by hours to become the first foreign bank to have a branch in Yangon on April 22 this year. In the three months since, the financial behemoth has struggled with the kyat, but has overall found workarounds to the country’s schizophrenic economy. Like […]