If you believe in investing in a vision rather than just in companies, Myanmar’s first tech hub, Phandeeyar, will give you the lowdown on the country’s burgeoning startup market. Nowadays, buying a SIM card for $1.5 or less has become commonplace, yet it would have been unthinkable in Myanmar just...
Telecom operator MPT has expanded into mobile payment services with the introduction on January 28 of mobile financial app MPT Money, which the company hopes will enable greater access to financial solutions across Myanmar. The app will allow users to make electronic financial transactions such as OTC remittance, wallet services,...
Consumers are concerned by news of salmonella-tainted chicken being sold in three markets in Yangon and rumors have spread online that tainted chicken is unsafe to eat. However, livestock and public health experts have reassured that salmonella-infected chicken is safe to consume if well cooked. “Meat and fish production in Myanmar...
The Yangon Regional Government is planning to upgrade Kyimyindaing railway station, which serves as the juncture of inland road, railway and waterway. “The Yangon Region Transport Authority has reformed mass transportation into the YBS bus system. Now we are focusing on developing and upgrading road junctures. We will also improve...
  The Directorate of Investment and Company Administration, with support from the German Corporation for International Cooperation (GIZ), is working on a scheme called Online Investment Application to enable businesses to apply online for investment project permits. “In the future, people will no longer need to come to office. They...
Myanmar last year relaxed visa requirements for visitors from China, Japan, South Korea and Macao, allowing these nationals to obtain visa-on-arrival at international airports across the country. The change resulted in a 35 percent increase in air travel into the country and a surge in the number tourists entering...
A Chinese citizen who arrived at Yangon Airport on a China Eastern Airlines flight on January 31 was suspected of being infected with the Wuhan coronavirus, according to BBC Burmese reports on Facebook. The patient was admitted to Wai Bar Gi Hospital in Yangon and later was discharged after...
Myanmar’s economy has been growing at a similar rate to its ASEAN neighbors, U Soe Min, Deputy Governor of the Central Bank of Myanmar, told the country’s highest legislative body on January 27. “Economic growth is not very much different from the previous year,” he said. “Generally, the country's economic...
  Oxford Business Group, in a publication released January 26, sounded an optimistic note on Myanmar, saying the country’s inherent advantages, including a dynamic internal market, an abundance of natural resources and a strategic location between China and India, means it had plenty to offer the international business community. Released at...
The Yangon Regional Government has paid over K15.39 billion in compensation to 139 landowners for lands confiscated for projects by the Yangon City Development Committee.  The confiscated lands are in Dagon Myothit (Seikkan), Dagon Myothit (South), Dagon Myothit (North), Dagon Myothit (East), Hlaing Thar Yar, Shwe Pyi Thar, Mingalardon, Dala,...