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Telenor sheds light on deployment of surveillance tech in Myanmar

Norwegian telecom firm Telenor issued an announcement today on September 15 hinting at the deployment of surveillance tech in Myanmar by saying that its...

Central Bank sells USD15 million in a day to bring down the dollar rate

The Central Bank of Myanmar has auctioned USD 15 million in a day for the first time in September at the rate of MMK...

AYA Bank’s cash carrier van robbed; robbers get away with money

A group of seven robbers robbed the AYA Bank’s cash carrier van on the old Yangon-Mandalay highway between Lat Pan Won Village and Thar...

Local gold price drops by around K50,000 over the weekend

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...

M1 Group says it has no connection to the military

The M1 Group, which bought Telenor Myanmar's business operation in July, said that it has no contact with the Military. Telenor group sold 100 percent...