As the total number of global cases of Covid-19 exceeded784,000 with over 37,000 deaths on March 30, Myanmar reported 14 cumulative cases and no fatalities. Compared to its neighbours, the fast-growing South-east Asian statehad felt relativelyinsulated from the most severeeffects of the pandemic for much of the first quarter, with few restrictions on daily life or the movement…
On investing in energy transmission and distribution How can official development assistance (ODA) and soft financing help alleviate funding shortfalls for energy projects? DAW EI PHYUSIN HTAY: We have seen success with smaller energy projects that provide around 5-10 MW of power for areas that are not connected to the grid, as they can be completed quickly and require lower amounts of financing.…
Oxford Business Group (OBG) began its CEO Survey in 2016 with the aim of giving our clients a handle on sentiment in the various markets we cover. Sentiment is of course intangible, but it is an all-important factor in the decisions business people and investors make when they weigh up their risk appetite. In turn, sentiment informs the level of confidence with which they view a market. It is also…
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The 6th Edition of POWEREX MYANMAR 2020 and ELECTRIC EXPO MYANMAR 2020 are the only specialized Power, Power Generation and Power Transmission Equipment, Technologies & Supplies in Myanmar that brings together an international congregation of Power and Electric related companies and also its supporting industries gathered in Yangon to showcase the latest developments in the power industry. Builders…
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Despite seeing solid growth, 2019 posed some challenges for Myanmar, as the country continued with plans to liberalise its economy. In a review released in December, the IMF estimated that the economy grew by 6.5% in FY 2018/19, which ended on September 30. The figure largely aligns with the previous financial year’s growth of 6.4%. Despite some global headwinds, growth was driven by the continued…
The banks of Asia Pacific have been subject to successive waves of regulatory changes in recent years. Remaining compliant with strengthened anti-money laundering rules, know-your-customer guidelines and a raft of sustainability and transparency initiatives proved to be a resource-consuming process for the region’s lending institutions. However, one regulatory shift in particular has monopolised…
The year 2019 marked the second anniversary of ASEAN’s inaugural bond issue under the organisation’s common Green Bond Standards (GBS) – a RM2bn ($480m) issue by the Malaysian government-controlled asset manager, Permodalan Nasional. Since then, the green bond market in Asia Pacific has won many accolades, with 2018 seeing the region record the second-highest volume of outstanding, climate-aligned…
