GMS Contents



Branding Brings Economic Opportunities for Women in Southeastern Myanmar

Through the ‘Made in Mon’ branding of local handicraft, women and the poor in Southeastern Myanmar are getting gainful employment opportunities.

ADB through a grant from the Japan Fund for Poverty Reduction initiated the project by upgrading handicraft production and processing facilities, providing design, manufacturing and marketing advice.


ADB, Ascent Capital's Equity Investment Deal to Provide Growth Capital to Private Enterprises in Myanmar

NAY PYI TAW, MYANMAR (2 January 2019) — The Asian Development Bank signed an agreement on 21 December 2018 to provide a $10 million equity investment to Ascent Myanmar Growth Fund I LP, a Myanmar-focused private equity fund, to provide much-needed capital investment for the growth and expansion of small and medium-sized enterprises operating in the Southeast Asian country.