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NEWS UPDATES Asean Affairs    22 April  2016  

IFC provides US$40 million loan for Myanmar industrial port development

The International Finance Corporation (IFC) has provided a 40 million U.S. dollar long-term loan to boost development of Myanmar Industrial Port(MIP), Xinhua reported on 19 April.

The loan is the first phase of a 200 million U.S. dollar long-term senior loan financed by IFC which is a member of the World Bank Group. This financing will support the port to complete the first phase of its expansion plans to improve the terminal's annual handling capacity to 500,000 20-foot equivalent units (TEUs) or more, the report said.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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