Japan grants over 400 million USD worth of low-interest loans to Myanmar
Japan and Myanmar on November 8 signed low-interest loans worth a total of 42.78 billion JPY (414 million USD) to help the Southeast Asian country build road infrastructure and finance small- and medium-sized enterprises (SMEs).
Visitors explore the local SMEs products at an event held in Myanmar (Photo: mmtimes.com)
Hanoi (VNA) –✅ Japan and Myanmaron November 8 signed low-interest loans worth a total of 42.78 billion JPY (414million USD) to help the Southeast Asian country build road infrastructure andfinance small- and medium-sized enterprises (SMEs).
According to the Japanese Foreign Ministry,of the total, 27.78 billion JPY will be earmarked for a project to build abridge on a road in the East-West Economic Corridor, a route that crossesMyanmar, Thailand, Laos and Vietnam. Since the volume of trade with Thailand,the largest trading partner with Myanmar, is expected to continue to increase,it is essential to develop the East-West Economic Corridor to enhance the logisticssector's efficiency, the ministry said. The remainder of the loans will be setaside to allow SMEs in Myanmar to obtain funds for stabilising their businessactivities and expanding operations. The COVID-19 pandemic has dealt yet anotherblow to such companies with insufficient cash on hand. The loans will help mitigate the economicimpact of the virus on sound development of Myanmar's industrial and businesssectors, and create and retain employment./.
State Counsellor of Myanmar Aung San Suu Kyi has offered her sympathy to Prime Minister Nguyen Xuan Phuc on heavy losses of life and property from floods and landslides in the central region.
While Malaysia has decided to extend a partial lockdown in efforts to contain the spread of COVID-19, Myanmar removed certain restrictions to prepare for the upcoming general elections.
A general election in Myanmar, the third of its kind in the past six decades, kicked off on November 8 with over 37 million eligible voters to go to the polls across the country.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Visitors explore the local SMEs products at an event held in Myanmar (Photo: mmtimes.com) 
