Sky Net Selects Gilat’s Network for Cellular Backhaul in Myanmar

Sky Net and Gilat win MNO bid for quick deployment of cellular networks under some of the most challenging equatorial terrain and climatic conditions Israel, June 02, 2016 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Sky Net, a leading Myanmar […]

Canadian-run Yangon Bake house changing women’s lives in Myanmar

  YANGON, Myanmar — It’s 6 a.m. and a small kitchen tucked away at the back of a house in Yangon, Myanmar is buzzing. Women are hard at work measuring and mixing ingredients to make the day’s batch of baked goods. The women work away, occasionally sharing stories and laughing softly as they go. Across […]

NLD leader’s next challenge: the bureaucracy

Staff in the four ministries soon to come under Daw Aung San Suu Kyi’s management have welcomed her appointment, telling The Myanmar Times they hope she can accelerate administrative reforms in the civil service. But analysts and insiders have cautioned that she will face myriad challenges in cleaning up the bureaucracy and upholding promises of […]

Australia’s business know how could boost Myanmar

AUSTRALIA’S expertise in agriculture, mining and education is seen playing a key role in Myanmar once Aung San Suu Kyi’s National League Democracy (NLD) takes power next year. MACQUARIE University academic Sean Turnell, an informal advisor to the NLD leadership, says agricultural reform will be a key priority once the government takes power early next […]

Slow revival for oldest university

Unruly, overgrown grass lines the fences. A stray dog is taking a nap on the main road that stretches across the length of the campus. Save for the rustling of leaves from trees along the pathway, all is quiet. Only a handful of students are making their way to class. Most of them are dressed […]

Illicit capital flows into Myanmar soar

The report, by US non-profit Global Financial Integrity (GFI), looks at illicit capital flows in Myanmar between 1960 and 2013. It finds that despite a number of political and economic changes since 2010, unlawful inflows – mostly due to misinvoicing – are growing fast. GFI estimates that US$18.7 billion flowed illegally out of Myanmar over […]

Yangon’s lost children

Fourteen-year-old Ma Ei Mon’s tidy hair and thanaka-daubed face belie her troubled past and confused reality: Barely a teenager, she could be studying at school, but she is already working and living far from home. Ma Ei Mon hails from Ayeyarwady Region. She was brought to Yangon by her aunt two years ago to work […]

CSR as a strategy

Myanmar demands socially responsible practices from both local and international companies There is a growing consensus among foreign investors about making corporate social responsibility (CSR) a strategic tool to enter the market. That would be the right approach given that Myanmar authorities are pushing all companies operating in the country to share their benefits with […]

Myanmar economy to post 8% annual growth in coming years: IMF

YANGON – The International Monetary Fund (IMF) has estimated that Myanmar’s economy will grow by an average 8 per cent in the coming years led by rising gas production and investment. The IMF praised Myanmar for its economic reforms, but said more were needed at both policy and institutional level as the authorities’ capacity was […]

Myanmar Investments To Raise Equity For Further Investments

LONDON (Alliance News) – Myanmar Investments International Ltd, which began trading on AIM in June 2013, said Monday it is in negotiations and evaluating investments in telecommunications infrastructure, IT services, equipment rental and education. The company also reaffirmed it will be looking to raise additional equity to fund further investments. Over the course of the […]