When a SIM Card Goes From $2,000 to $1.50

Five years ago, buying a cell phone SIM card in Myanmar could set you back more than $2,000. It was an extravagance available only to the rich and well-connected—and even they couldn’t buy good reception. At the time, the country was just beginning to emerge from decades of isolation imposed by its military dictatorship. Only […]

Myanmar retail rental rising

The rising price of rent for Yangon’s street-level shops is being driven by an influx of potential tenants, with some locations demanding six-fold increases from two years ago, store owners say. They said that rapidly rising rental costs are eating into their profits, but constant demand for prime locations is expected to keep commercial rents […]