Flooding Inflates Construction Materials Prices

There has been a hike in prices of building materials as flood has disrupted supply and production, according to building materials traders. “As sand and gravel are acquired from rivers, there have been difficulties in production because of flood and that caused a rise in prices,” said Ko Than Aung, owner of Than Tun Aung […]

Telecom licence awardees announced

The Ministry of Communications and Information Technology has granted communication licences to three telecom companies, according to Than Tun Aung, director-general of the telecommunications directorate. Those licence awardees are KDDI, E-Lite and Yatanarpon Teleport companies. A total of 50 local and foreign companies have applied to the directorate of telecommunications for communication-related services such as […]

Oredoo plans to sell 1 million handsets this year

Ooredoo Myanmar plans to sell 1 million premium handsets with a price tag starting at US$50 apiece this year, executives at the company said. It has signed agreements with HTC and Samsung to make handsets, and has a memorandum of understanding with Huawei Company for a mobile network. Than Tun Aung, a director at the […]