Facebook said on February 12 that it had closed fake accounts in Myanmar and Vietnam that posed as “independent telecom consumer news hubs” in a bid to discredit rival telecom providers, marking the first time the social network has acted against commercial disinformation originating in these countries on its...
"Fix the money, fix Myanmar" This is the slogan of Myanmar Dollar-MYD, the newly emerged cryptocurrency, which is intended to counter the junta’s grip on Myanmar Kyat. This is one of the facets of the revolution against the coup. Unlike A-May Suu Token, a crypto token that emerged after the...
The Bagan Tour Guide Association has urged the Ministry of Hotels and Tourism and the District Administration Office to implement a specific route for electric bicycles in order to prevent e-bike related accidents and ensure safe riding experiences. “We proposed the plan during our last meeting on October 20,” the...
LONDON/LOS ANGELES U.S. retailers face an estimated $700 million sales hit from the coronavirus and some shipping lines are sending vessels to retrieve empty cargo containers from Los Angeles to prevent further supply disruptions. The extended shutdown of factories in China caused by the virus, travel restrictions on workers and canceled...
by Tin Mg Oo As this issue goes to print, the new coronavirus has infected over 126,000 people in 124 countries around the world, with death toll topping 4,600 and more than 68,000 people now recovered. Myanmar has had no reported cases, but experts worry that there could be people...
Myo Sandar The Central Bank of Myanmar will auction treasury bonds to finance the budget deficit on January 21, February 18 and March 17. U Maung Maung Win, Deputy Minister of Planning, Finance and Industry, told the Upper House of Parliament in August 2019 that the government would fund the budget...
The M1 Group, which bought Telenor Myanmar's business operation in July, said that it has no contact with the Military. Telenor group sold 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of 105 million USD, of which 55 million USD is a deferred payment over five...
(The New York Times) Atari, the brand known for pioneering video games like Pong, Asteroids and RollerCoaster Tycoon, is taking its business in a new direction: Hotels. In a move that underlines the popularity of e-sports, the demands of its growing audience and how video games are escaping the bounds of...
BEIJING Shares in China’s Nio Inc. surged more than 30 percent after it signed framework agreements with Hefei’s city government on a fundraising of more than 10 billion yuan ($1.42 billion) and new manufacturing facilities. Cash-strapped electric vehicle (EV) maker Nio is the most prominent among dozens of Chinese electric vehicle...
Leading spirits maker Myanmar Distillery has changed its name to Grand Royal Group International. Ownership, investment and staff structures remain unchanged. “The renaming strategy is aimed at strengthening our corporate identity and to ensure that our stakeholders are served better under one common name,” said CEO Sanjay Gupta in a...