Tag: Myanmar

Finnfund invests in Proximity Finance to help reach more smallholder farmers in Myanmar

Proximity Finance, Myanmar’s first farmer-focused finance institution, signs a 14 million US dollar equity package with Finnfund, Nordic Microfinance Initiative (NMI) and Proparco. Proximity Finance was launched in 2010 as the microfinance arm of Proximity Designs, one of the largest agricultural services platforms in Myanmar, that provides farm technology, agronomy advice and financial services to…

Denmark supports mangrove restoration in Myanmar

The Danish embassy in Myanmar providing support to Mangrove restoration and rehabilitation in Rakhine State and Thanintharyi region on 17 June 2020. The official statement says: “Today, marks the World Day to Combat Desertification and Drought. In support to Myanmar’s efforts to mitigate the negative consequences of climate change, through the Climate Adaptation Programme, Denmark…

Denmark supports Covid-App in Myanmar

The Myanmar’s Ministry of Education has developed a new Covid-19 National Response and Recovery Plan for the Education Sector. Denmark is supporting the plan with a special focus on developing the new Parent Teacher Association (PTA) Communication Network and an online App through which the Ministry can send text messages to all basic education parents…

Finland signed agreement with UNESCO to strengthen teachers and students in Myanmar

The Finnish Ambassador H.E. Riikka Laatu signed an agreement of 5 Million Euros with UNESCO to continue their support in Strengthening Pre-Service Teacher Education in Myanmar on 21 May 2020. This agreement is to achieve Finland’s aim to invest in strengthening teachers and other need for learners in Myanmar.  

Denmark donates 50,000 masks to Hlaing Tharyar community in Myanmar

Denmark has donated 50,000 medical grade masks for the vulnerable community in Hlaing Tharyar Township, which is one of the most populated townships in Yangon Region with a large number of internal migrant workers. The masks will be distributed through the township’s Covid-19 Prevention and Control Committee to the street vendors and daily wage earners…

Denmark supports Myanmar garment manufacturers on health and work safety

Danish embassy in Myanmar published a statement on their latest project on 8 May 2020, that Denmark has confirmed its support to two local garment manufacturers to continue with their work flow. Danish Ambassador to Myanmar H.E. Mr John Nielsen said “We believe it is important to encourage local production of PPE to fight COVID-19,…

Myanmar garments factories closed down after major orders from EU market canceled

More garment factories in Myanmar stopped operations as European Union countries, a major export market, cancelled orders last week amid the spread of the COVID-19 pandemic. The EU market accounts for 70 percent of the country’s garment export.The bad news of cancellations came shortly after the supply of raw materials from China started to flow…

Finnish influencers in Myanmar fashion industry on a new TV series

Four Finnish influencers are being taken to work at the lowest level of the clothing industry in Myanmar in a new TV series. According to the embassy of Finland in Yangon, the reality documentary series is now available on Yle Areena and Yle TV. https://areena.yle.fi/1-50465642…… https://yle.fi/aihe/artikkeli/2020/02/03/verta-hikea-ja-t-paitoja-nayttaa-mita-paljastuu-halvan-vaatteen-nurjalta

Myanmar waste management start up brings positive change

RecyGlo, a waste-management and data analytics startup based in Yangon, Myanmar is planing to expands further into other ASIAN countries. RecyGlo has been part of several accelerator programmes, such as Accelerating Asia in Singapore and Katapult Ocean Accelerator Program in Norway. In February 2019. The startup is currently raising a US$350,000 bridge funding and expects…