Following an expected 18 percent contraction of the economy in the year ended September 2021, the World Bank’s Myanmar Economic Monitor, released on January 26, projects a growth of 1 percent in the year to September 2022. While reflecting recent signs of stabilization in some areas, the projection remains consistent...
Samsung Electronics Co.Ltd unveiled its foldable devices, Galaxy Z Flip4 and Galaxy ZFold4, along with Galaxy Watch5 / Pro and Galaxy Buds2 Pro, at its August 10th “Unfold Your World” Galaxy Unpacked 2022 event. Users in Myanmar can now pre-order newly released foldable at Samsung Myanmar period from August 11th...
Telenor Myanmar Limited has changed its name to Atom Myanmar Limited starting from 30 May 2022, according to the company's announcement. "The change of the company name is to reflect the post-transaction situation," the company said, "with this change, ATOM MYANMAR LIMITED will keep up the strength of our capabilities...
(Reuters) Here’s what you need to know about the coronavirus right now: Most infectious at the start Studies show people with the coronavirus are most infectious just at the point when they first begin to feel unwell, World Health Organization (WHO) experts said on Tuesday. Dr. Mike Ryan, WHO’s top emergencies expert, said...
By Josh Horwitz SHANGHAI, May 22 (Reuters) - The latest U.S. government action against China's Huawei takes direct aim at the company's HiSilicon chip division -- a business that in a few short years has become central to China's ambitions in semiconductor technology but will now lose access to tools...
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...
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...
The State Administration Council has imposed K20,000 per SIM card on the sales and activation of the SIM Cards and 15% commercial tax on internet services after amending Union Tax Law 2021. "No matter what provisions the Commercial Tax Law comprises, only once commercial tax shall be levied K20,000 per the...
A cloud-based HR tech start-up Better Technologies (“Better HR”) has raised a six-digit bridge round from new investors as well as existing investors such as Seed Myanmar Ventures, Blibros, and nexlabs. Better HR is a cloud-based enterprise web and mobile apps enabling organizations to streamline HR processes, such as attendance,...
Samsung Electronics has introduced its latest NEO QLED and QLED 4K TV lineups in Myanmar. The QLED 4K TV lineup comes with a slim design, amazing gaming experience, multiple voice assistants, vivid and real-life color mapping systems, a health screening tracking system, and an adaptive sound system with real-time...