Bangladesh Halts High-Speed Internet Project for Northeast Indian States

Bangladesh Halts High-Speed Internet Project for Northeast Indian States

A critical project aimed at improving internet connectivity in India’s northeastern states has been put on hold by Bangladesh. The initiative, which sought to deliver high-speed internet from Singapore to India via the Akhaura border in Bangladesh, has been rejected by Bangladesh’s telecommunications regulator. This development comes amid political instability in Bangladesh and has significant … Read more

EAM Sushma Swaraj arrives in Myanmar on 2-day visit

During her visit, the External affairs minister will hold discussions on various bilateral issues and also review the progress made on the agreements and decisions taken by Prime Minister Narendra Modi during his visit to the country in September last year. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years … Read more

EAM Sushma Swaraj leaves on a 2-day visit to Myanmar

During her Myanmar visit, the External affairs minister will hold discussions on various bilateral issues and also review the progress made on the agreements and decisions taken by Prime Minister Narendra Modi during his visit to the country in September last year. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 … Read more

Myanmar’s job distribution and search platform JobNet to raise seven-digit investment in dollars

7/3/2018 – Yangon-based jobs platform JobNet announced on Wednesday that it has raised a seven-digit US dollar funding round led by a London-based emerging markets-focused fund which remains unnamed. “With this major round of funding, we intend to increase the outstanding traction we have already achieved, and focus on increased operations and services in all … Read more

Memories Group debut on Singapore Exchange as Myanmar’s first Tourism Stock

5/1/2018 – An operator of a series of tourism-related businesses, Memories Group has begin trading on the Singapore Exchange board today. With this listing, the company which is the largest operator of hot air balloons in Myanmar will become the first Burmese tourism-focused company to list on an exchange board. Memories Group is also the … Read more

Myanmar’s MTG DC to invest US$24 million in telecom tower business

8/1/2018 – Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the company behind the brand – … Read more

Anthem Asia raises US$40 to US$50 million for Myanmar SME Venture Fund

26/2/2018 – Private equity firm Anthem Asia announced recently that it is raising US$40 to US$50 million for its Myanmar SME Venture Fund to support the national and regional expansion of local businesses. Their investment will focus on small and medium enterprises, agribusiness, affordable housing, health, education, as well as climate change mitigation and adaptation. … Read more

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