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CVC buys Myanmar's Irrawaddy Green Towers for reported USD 700 million

2020-12-11 14:20:00| Telecompaper Headlines

(Telecompaper) Private equity firm CVC Capital has agreed to buy Myanmar telecom tower company Irrawaddy Green Towers for USD 700 million, Reuters reported, citing sources familiar with the matter. "With CVC as a future shareholder, the company is poised for further growth and success for the benefit of the people of Myanmar", Irrawaddy chairman Georges Makhoul said in a statement to Reuters. The statement did not provide any financial details about the deal.

Tags: green million reported usd

 

Myanmar's garment SMEs feeling Covid-19 impact

2020-03-16 12:42:00| Daily apparel & textile news and comment - from just-style.com

Small and medium-sized enterprises (SMEs) in Myanmar's garment sector are feeling the impact of the coronavirus outbreak as a result of raw material shortages but concern over a fall in orders is now spreading across the sector as the US teeters on the brink of recession.

Tags: impact feeling garment smes

 
 

Coronavirus presents challenge for Myanmar's garment sector

2020-02-25 12:46:00| Daily apparel & textile news and comment - from just-style.com

The coronavirus (Covid-19) outbreak is presenting a challenge for Myanmar's garment sector, an industry body for the country has said, as its garment factories tackle supply issues, logistical challenges, and the possibility of factory closures.

Tags: sector challenge presents garment

 

Nokia and Ooredoo launch Myanmar's first 5G tech hub

2018-12-20 01:00:00| Total Telecom industry news

Nokia and Ooredoo have joined forces to launch Myanmar's first 5G Telecommunications and Technology Centre in Yangon. The centre will be used by students and research graduates at the Yangon Technological University…read more on TotalTele.com »

Tags: tech nokia launch hub

 

Can Myanmar's garment sector reach its full potential?

2018-08-22 12:20:00| Daily apparel & textile news and comment - from just-style.com

After a United Nations (UN) report this week branded Myanmar's refugee problem one of the world's worst humanitarian and human rights crises, David Birnbaum looks at the knock-on impact for the country's garment export sector. He argues that while Myanmar is one of the few alternatives to China for high value-added, complex and difficult-to-make products, its poor reputation may prevent it from reaching its full potential.

Tags: full potential reach sector

 

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