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GE Eyes Expansion in Myanmar Energy, Healthcare Sectors

GE, the high-tech energy, health and aviation equipment provider, has plans to expand its reach in the Myanmar energy and healthcare sectors. “Myanmar has huge potential in terms of revenue and orders for GE. Myanmar needs healthcare and a lot of electricity. There are good prospects in natural gas production and solar energy sector,” Mr […]

Development banks supplement roads and bridges with digital finance

• Building roads and bridges is still important for World Bank’s IFC, but digitally linking people is rising in significance. • IFC has disbursed $205 million to date into 29 financial technology investments; creating over 4,800 jobs in three years. • Digitally connecting people through new services has created new economic and employment opportunities. Multilateral […]

Myanmar collaborates with IIIT-Bangalore to set up IT institute

“We are setting up Mandalay Institute of Information Technology which is the centre of excellence for IT modelled on IIIT-B and being implemented by IIIT-B,” Indian ambassador to Myanmar Gautam Mukhopadhaya said on the sidelines of an event organised by CII. Apart from the upcoming institute, the entrepreneurship development institute in Yangon is also in […]