Day: May 13, 2022

Development Bank of Mongolia Announces Early Payment Before Maturity on JPY 30 Billion Samurai Bond

ULAN BATOR, Mongolia, May 13, 2022 (GLOBE NEWSWIRE) — Mongolian Prime Minister Oyunerdene Luvsannamsrai has instructed the Development Bank of Mongolia (DBM) to explore potential options, including an early payment, to settle its outstanding Samurai Bond obligations. Following this, the Bank says it will be able to further manage its future obligations and improve its […]

WHO Chief: ‘Misguided to Think This Pandemic Is Over’

The COVID-19 pandemic is far from over, World Health Organization Director-General Tedros Adhanom Ghebreyesus warned Thursday at the second U.S.-led virtual COVID summit, co-hosted by Belize, Germany, Indonesia and Senegal.”So although reported cases a…

In Myanmar, daily commute gets tougher

Residents of Dala, a township on the southern banks of Myanmar’s Yangon River, rely on an extensive ship and motorboat system to reach the country’s largest city, Yangon, on the other side of the water. More than 180,000 people live in Dala, and half o…