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Better Technologies Myanmar (trading as Better HR), based in Yangon has grown to 150 customer companies across 3 countries within 1 year, making it the first Yangon-based startup in the HR space to make it regional. Better HR is a cloud-based application that allows organizations to streamline HR processes such...
Japan has expressed interest to participate in the Dawei Special Economic Zone located in the Tanintharyi Region, according to U Myint San, Vice President of the Management Committee for SEZ.  Myanmar, on November 5,  invited international partners to invest in the SEZ project under Government to Government Collaboration and received...
By Brenna Hughes Neghaiwi and Simon Jessop ZURICH/LONDON (Reuters) - As stock markets roar back from the coronavirus-led rout, advisers to the world's wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central banks' cash splurge. Before the COVID-19 pandemic,...
Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. The meeting was held to discuss the...
Despite orders from the Central Bank of Myanmar to reopen banks on Monday, private banks remained closed on March 8, 2021.  “Private banks will not be able to reopen because private bank employees have joined the Civil Disobedience Movement (CDM) and do not go to work. However, ATMs are frequently...
CB Bank launched CB Card+ mobile application for CB Bank card customers. The customers can view Card information as well as use the app to make payments at any stores which accept Visa contactless payments if their phones have NFC capabilities. CB Card+ application can be downloaded online at...
In collaboration with MCI, a local advertising technology company, Grab Myanmar, a leading high-tech ride-hailing service in Southeast Asia and Myanmar has announced the launch of  GrabAds, a digital display advertising service, which enables private companies and corporations to place advertisements on Grab Taxis. The service will launch in...
Colliers International Myanmar and Noble Twin Dragons Co., Ltd. (Ruby Dragon Group of Companies) entered an exclusive investment representation agreement for Pyay Tower and Pyay Residences. The upcoming mixed-use commercial and residential project sits on 2.16-acre freehold land, located in one of Yangon’s premium addresses. Designed as a prime landmark development, the project is...
By Angelo Amante and Cristiano Corvino ROME, May 20 (Reuters) - Massimiliano Barrotta is seeing a surge in customers coming to sell their gold in his Rome store as Italians feel the economic pain of their government's lockdown, imposed to curb one of the world's worst COVID-19 epidemics. The eight-week shutdown...
Written by Min Thu Aung Before Myanmar gained independence in 1948, there were 110 insurance companies in the country and only two of them were locally owned. The number had dwindled to 74 (four being locally owned) before 1963, the year the country nationalized private companies resulting in an insurance...