The race against time for the implementation of telecommunications network infrastructure rollout has intensified since the formal award of licences to Telenor and Ooredoo earlier this year. Accordingly, the Union government has picked up its pace and reinforced its support in reforming the current mass of procedures faced by tower companies.
Rising gas production and investment will lead to a higher-than-expected 8.5 percent economic growth rate for the 2014-15 year, according to the International Monetary Fund (IMF).
Yatanarpon Teleport public company (YTP) is still negotiating a potential partnership with foreign firms, according to CEO U Shane Thu Aung.
The Small and Medium Industrial Development Bank (SMIDB) will fund its SME loan program this year through a Vietnamese wholesale loan at half the interest of previous loans from Myanmar state-run banks, officials said.