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Tag: myanmars
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.
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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.
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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.
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