Myo Sandar/Myanmar Business Today The Ministry of Electricity and Energy is prepared to start granting licenses to operate village gas stations. The move is aimed to boost small and medium enterprises and the agricultural sector and to create jobs and income for local villagers. Applicants must be residents of the village...
Phyo Thu/Myanmar Business Today Myanmar people used to take so-called “pilgrimage tours” to major religious sites across the country. Long before tour companies became popular, people would travel to famous pagodas on a mini-bus called the BM bus, as air-conditioned express cars were not yet available. The itinerary almost never...
Ei Thandar Tun/Myanmar Business Today Four in 10 Myanmar people are interested in adopting biometrics for payment and authentication, according to a recent Visa study of consumer perceptions, attitudes and behaviors. Biometric systems including fingerprint, facial recognition, voice recognition, retinal scan and DNA recognition are increasingly used to complement or replace...
Ei Thandar Tun/Myanmar Business Today Pay-TV provider Canal+ and telecom operator MPT recently announced a partnership to provide MPT customers with access to nine pay-TV and two free-TV channels via the myCanal mobile app. For a launching price of K800 per week, MPT customers will be able to access fully localized...
Global logistics leader DHL Supply Chain has opened its first multi-user warehouse in Myanmar and plans to add more than 200 full-time local employees to its team by 2021. Located less than 30 k.m. from the airport and key industrial ports, the K1.58 billion, 60,000 square feet warehouse in Yangon’s...
  Starting in 2020, the Central Bank of Myanmar (CBM) will issue licenses to allow overseas lenders to open a branch or a subsidiary in the country. To secure a branch license to provide wholesale banking or enterprise banking services, an investment of up to $75 million and a $40 million...
Vol ,7 Issue 43 By Ei Thandar Tun/Myanmar Business Today Three international expositions will be held at Yangon Convention Center, Inya Lake Hotel, from November 1 to 4: The 8th Myanmar International Textile & Garment Industry Exhibition (MTG), Myanmar International Plastics, Rubber,...