Overseas Private Investment Corporation to Disburse $250 Million Investment in Telecom Tower Infrastructure Project

NEW YORK & SAN FRANCISCO & WASHINGTON & YANGON, Myanmar–(BUSINESS WIRE)–The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, today announced that it has commenced the initial disbursement of a $250 million loan to Apollo Towers Myanmar Limited, based in Yangon. The disbursement marks OPIC’s first financing in the country as well […]

Netflix streams into Myanmar

Netflix – the world’s largest internet television network – has come to Myanmar as part of the firm’s expansion into 130 new countries. But slow download speeds and expensive data fees mean Myanmar’s DVD shops are not under threat from online streaming just yet. During a keynote speech at the International Consumer Electronics Show in […]

Gmail now available in Burmese

SAN FRANCISCO: Google said Wednesday that Gmail is now available in Burmese, marking the 74th language for the popular email service. “As a country of 53 million, Myanmar’s recent opening-up has triggered an explosion of people coming online,” Google product manager Brian Kemler said in a blog post. “As recently as 2011, a mere 500,000 […]