"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...
Germany-based international wholesale company METRO has announced that it will cease its foodservice distribution business in Myanmar due to the volatile investment and business environment in the Southeast Asian country, which is expected to continue for some time.
"We made this decision with regret because we started 2019 with positive...
Telenor Group has announced today that it has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of 105 million USD (approximately 900 million NOK), of which 55 million USD (approximately 470 million NOK) is a deferred payment over five years.
The...
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...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည်
Ascent Myanmar Growth Fund I LP (AMGF), Myanmar-Focused private equity fund owned by Ascent Capital Partners Pte. Ltd, a Singapore-registered fund management firm, has made a combined $26 million minority investment in Frontiir Pte. Ltd, an internet service provider under the name Myanmar Net.
“By supporting Frontiir, a...
Tuesday 30th June 2020 | 13:00 – 15:00 hours (Myanmar Time)
TBAM, in collaboration with The Union of Myanmar Federation of Chambers of Commerce and Industry, Myanmar Young Entrepreneurs Association and Thai Chamber of Commerce invites you to an online panel discussion on the COVID-19: Economic Impact on Myanmar &...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည်
Written by Linn Thit
The World Bank will provide a $350 million credit to Myanmar from the International Development Association (IDA) to increase the output and efficiency of power generation and improve the resilience of Myanmar’s electricity system to climate change and disasters.
It also approved $110 million in...