Written by Rajan Acharya There was a  time in Myanmar around  2002 the internet was only available in selected major cities costing K 500-1500 for 1 hour the connection is normally slow and often interrupts.  Those painful days are in the past, now the internet is easily accessible through the...
Freight forwarding companies have to rest some of their trucks due to lower demands as trading activities at the Myanmar-China border trade gate have eased. Moreover, the goods to transport have also reduced while there are mounting difficulties in transportation. "If the Yangon-Muse trade route is working properly, out freight...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Pyidaungsu Hluttaw, Myanmar's highest legislature, has approved the highly anticipated comprehensive Industrial Zone Law on May 26. The statue has 20 chapters and 75 articles. The bill was drafted and announced in August 2019. The contribution of the industrial sector to the GDP of Myanmar who heavily relies on...
Prudential Myanmar Life Insurance Limited (Prudential Myanmar) has introduced PRUHealth, a health insurance to combine financial protection, illness prevention, and wellness improvement. PRUHealth also offers additional insurance coverage to safeguard customers during the COVID-19 pandemic. “PRUHealth is the first health insurance solution of its type in Myanmar and is designed...
Despite challenges in the telecom sector and internet shutdown, Ooredoo Myanmar says that the revenue in 2021 grew by 8% compared to 2020. "During 2021, COVID and directed shutdown of internet services did have impacts on Ooredoo Myanmar’s revenue but in the last quarter of the year, revenue did recover,"...
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...
The local gold price when the market closed on Friday, September 10, was at K1.91 million per tical compared to K1.855 million on September 13 representing around a K50,000 drop over the weekends. (tical= 16.3 g) Global gold price is USD $1,789 per ounce on September 13. The local gold price...
KBZ Bank and Tranglo, a cross-border payment hub, have formed a remittance partnership to facilitate inbound foreign money transfers directly into the accounts of KBZ Bank customers. Approved by the Central Bank of Myanmar, this service allows Myanmar workers in countries such as Malaysia, Singapore, and South Korea to...
If you want to withdraw cash from your bank account in Myanmar, you need to get up as early as at least 4 a.m and go to an ATM-not any ATM but ATM where your bank chooses to refill cash. Then wait for hours to have your turn to...
By Victoria Klesty and Anna Ringstrom OSLO/STOCKHOLM (Reuters) - Norwegian Air and SAS are adding more flights to their schedules from July onwards as demand begins to recover following the COVID-19 pandemic, the two Nordic carriers said on Tuesday. SAS will use 40 of its aircraft in July, up from 30...