Day: July 27, 2019

Frontiir Receives $30M Investment from UK’s CDC

Frontiir Receives $30M Investment from UK’s CDC

The UK government’s development finance institution announced this week a US$30 million (45.4 billion kyats) investment in the Myanmar internet service provider Frontiir, formerly known as Myanmar Net. The British CDC Group, formerly the Commonwealth Development Corporation, said the investment will help Frontiir expand across the country to eventually bring more than 2 million people online. The […]

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Myanmar to pick deep-sea port location next year

Myanmar to pick deep-sea port location next year

The location for Myanmar’s first deep-sea port will be decided next year, according to a senior government official. “Construction of a Yangon deep-sea port is one of the projects included as second priority in the National Transport Master Plan. Work is being made and the location can be finally selected and approved within 2020,” U Aung […]

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