Japanese tech major NTT is diving into Myanmar’s nascent but fast-growing digital economy with its newly-established subsidiary. The company announced that its subsidiary NTT Myanmar was granted a business-to-business wholesale licence from the commerce ministry to offer ICT solutions in the Myanmar market. The capital investment of NTT Myanmar is US$5 million (K7.2 billion), it […]
Sojitz, NTT, NEC, NESIC to Upgrade Communications Infrastructure in Myanmar
November 21, 2019 by
Sojitz Corporation, NTT Communications Corporation (NTT Com), NEC Corporation and NEC Networks & System Integration Corporation (NESIC) will carry out an infrastructure upgrade in Myanmar. The plans come under official instruction from Myanma Posts and Telecommunications, the country’s incumbent telecoms operator and once completed, will connect the cities of Nay Pyi Taw, Yangon, Mandalay and […]
Interest in retail, wholesale sector continues unabated
June 24, 2019 by
Two years after the Myanmar Investment Commission’s announcement, the Ministry of Commerce (MOC) has permitted nine wholly foreign retail and wholesale providers to operate in the country. These include investors from Japan, Thailand, US, Singapore, and the Netherlands. The nine non-Myanmar companies are able to secure a green light from the authorities since the government […]
