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 […]