KBZ to Upgrade ATMs after Security Breach

Kanbawza (KBZ) Bank will upgrade the security systems of its ATM machines after K20 million was stolen from ATMs in Yangon in late November, according to an official from the bank. The new “3D security system” will be installed soon and new security staff will be hired to heighten the security of ATMs while security […]

Rocket’s Carmudi rides on Myanmar’s Internet growth potential

Rocket Internet’s car classifieds site is firmly camped in Myanmar, despite it having one of the world’s lowest Internet penetration rates. Even though Myanmar has the world’s second lowest Internet penetration rate, Rocket Internet still believes in the potential of a site advertising cars there. Carmudi, its free car classifieds site, has been running in […]