Burmese Tycoon Tay Za Under Scrutiny

By Jared Ferrie Myanmar tycoon Tay Za leans back and fulminates against the U.S. government as a playful pet bear cub scrambles up his alligator-skin chair. “They are world police,” he says, complaining that U.S. sanctions are stifling his businesses and officials are scrutinizing his every transaction. As Tay Za speaks, attentive staff intervene occasionally […]

Channel NewsAsia launches Yangon bureau

YANGON: Channel NewsAsia held its Business Insights Seminar in Yangon on Thursday as part of the official launch of its Yangon bureau. Participants agreed that laws in Myanmar are still vague and uncertain, despite progress made in the legal environment. But many are still optimistic about the business opportunities the country has to offer. Launching […]

Internet providers mull a more competitive future

Internet Service Providers (ISPs) say they are preparing for competition as the sector liberalises to allow entrants in the future, though insiders say Telenor and Ooredoo’s emphasis on their mobile rollout may buy fixed-line ISPs some breathing room. With only state-run Myanmar Posts and Telecommunications (MPT) and Yatanarpon Teleport Company (YPT) currently licensed to provide […]