Italian hotel approved for southern islands
An Italian company has been approved to construct a USD 3.2 million hotel in Kawthaung, at the southern tip of Myanmar. According to a Myanmar Times reports, The Directorate of Investment and Company Administration (DICA) granted approval for the
Anthem Asia invests over USD 1 mn in local agri business
Myanmar-focused private equity firm Anthem Asia announced on Friday it invested over USD 1 million in an early-stage agri-business Shan Orchard Myanmar Ltd. This is the first investment from its USD 50-million Myanmar SME Venture Fund. The company is
Tanintharyi airport invites tender bids for upgrade project
Myanmar’s Department of Civil Aviation (DCA) put out a request for tender proposals last week to upgrade the Tanintharyi Airport. The aim is to renovate and expand the Kawthaung airport in the southern region of Tanintharyi. The DCA is searchin
Belgian telco first to cut ties with Mytel
A Belgian satellite communications provider has become the first company to cut ties with a Myanmar partner, reported VOA News. The activity occurred after following the UN’s call for a boycott of military-affiliated businesses. The firm, Newte
Myanmar’s first 5G service tested by Mytel
Myanmar telco Mytel recently tested what could become Myanmar’s first 5G cellular service. Last year, Mytel launched as Myanmar’s fourth licensed carrier. It recently conducted the 5G tests on its 3.5GHz band, according to Mobile World Li
