Rents soar in big rush to catch up with own future

Tun Tun Naing, 26, an authorised dealer for brands like Samsung, Huawei and Sony, is riding the wave of mobile phone services that has transformed life in Myanmar since the transition from decades of military dictatorship. But it comes with a price. “Four years ago, I used to pay four lakh kyats (S$430) a month,” […]

Myanmar Mobile Internet Users Spend Most Time on Social Media: Opera

Myanmar’s mobile internet users spend most of their time on social networking websites, a new report shows. When it comes to social media, the majority of time spent using mobile internet is spent on Facebook, followed by Twitter, said Opera Software, the makers of the Opera Mini web browser, in its state of the mobile […]

Entrepreneurs and investors: Three ways to make a pile of money in Burma (Myanmar)

Have you ever walked into a restaurant and seen a table full of people staring at their phones instead of talking to the real live human beings across from them? That used to never happen in Yangon, Burma … simply because no one had mobile phones. It was actually pretty nice being able to talk […]

Japanese firms apply to operate in SEZs

Among the international insurance firms that have representative offices in Myanmar, only Japanese firms have applied to operate in special economic zones, according to the supervisory board of Myanma Insurance. Sixteen foreign insurance firms have opened representative offices in Myanmar, but they have not begun operations since regulations have not yet been fully disclosed. “We […]

Mobile boom in Myanmar

The most popular brand in Yangon is iPhone, but Chinese brands are seeing their popularity rise The quest for the best mobile phones is endless in Myanmar as consumers are now offered the vast selection of products to choose from as well as better mobile phone services. In the country where the gross domestic product […]

Samsung Launches Official Online Store in Myanmar

South Korean electronics giant Samsung has entered into a partnership with to become its official online retailer. With this partnership Samsung will have a dedicated “webstore” on, an online retail website which was launched in 2014 and is backed by Rocket Internet and part of the Asia Pacific Internet Group (APACIG). Stefan Braun, […]

Busy signal for handset market

Rapid growth in the number of domestic mobile users is creating opportunity for mobile handset makers to expand their sales. While the local handset market has traditionally been dominated by a handful of brands, several new entrants are pushing their products in the hope of growing market sharing in a rapidly expanding business. A June […]

Land and electricity issues push away Samsung’s investment

Samsung, South Korea’s giant electronics company, may cancel its plan to establish a factory in Myanmar, due to lack of guarantees about land availability and electricity, said sources in the manufacturing sector. According to Dr Maung Maung Lay, vice-president of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), […]

Ooredoo, Telenor to partner with Samsung for mobile services

International telecoms operators Ooredoo and Telenor will cooperate with tech giant Samsung to provide faster mobile internet services in Myanmar. Ooredoo Myanmar and Samsung signed a memorandum of understanding last Friday offer customers a range of “Special Bundles” designed to make the most of Ooredoo’s 3G network on data-driven Samsung devices. Ooredoo’s products and services […]

HTC Sets Out Stall in Myanmar’s Telecoms Market

Electronics firm HTC, which was co-founded by Burmese-born entrepreneur Peter Chou, is confident that Burma’s the telecoms sector will begin to grow at a rapid pace next year. The Mandalay-born Chou co-founded the company in Taiwan in 1997 and is now CEO of HTC, one of the world’s leading makers of smartphones and tablets. He […]