UK’s CDC Group names new Myanmar rep

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CDC Group, the UK’s development finance institution, has appointed Myo Zin as its new country representative for Myanmar. Myo Zin will help CDC Group expand its Myanmar investments, especially in sustainable energy and social projects, the organiza

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Singapore firm to invest USD 26 million in Myanmar ISP

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Singaporean fund manager Ascent Capital will make a USD 26 million minority investment in Frontiir, one of Myanmar’s leading ISPs and supplier of the Myanmar Net internet service. The investment will represent Ascent’s first Myanmar ventu

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Myanmar telco Frontiir bags $30m from UK development finance group

Frontiir receives investment from UK development group

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Yangon-based internet service provider Frontiir has received an investment of USD 30 million from the UK government’s development finance institution. According to a report in The Irrawaddy, the investment has been made by the British CDC Group, fo

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