Myanmar Dealbook: Total buys 40% in oil block; $28m German aid for rural development; 60 tech firms get licence

Myanmar has recorded some deals in the oil and gas sector, foreign grants for rural development and issue of licences for fresh businesses. While French oil major Total has taken a major interest in an offshore block, German agency has pledged $28 million aid for Shan state. Myanmar has also issued licences for 60 technology companies to set shop in the frontier market.