Frontier Markets: Myanmar, Explosive GDP Growth

The reason I’m revisiting Myanmar is because recently the State Bank of India (SBIN), together with the Vietnam Bank for Investment and Development, Taiwan’s E SUN Commercial Bank (2884:TT), and South Korea’s Shinhan Bank, were all granted permits to operate in that country. Last year, the first round of permits were granted to ANZ Banking […]

Three CityMart Outlets to Accept MPU Cards

Three of Yangon’s 20 CityMart outlets will now accept payment through Myanmar Payment Union (MPU) cards. The three outlets are Myaynigone, Junction Square and 8-mile CityMarts. Daw May Zin Soe Htet, marketing director of City Mart, said, “We have accepted this payment system to provide better service for the customers. MPU card users are now […]