Revolutionary new technology demonstrated by Myanmar’s Blockchain Development and Research Company

YANGON The future of blockchain, the potentially revolutionary new verification method for digital transactions, was presented last week to the business community in Yangon. Blockchain Development & Research Company Limited jointly presented with China’s Guiyang Institute of Blockchain, with whom they have signed a memorandum of understanding. The DCD Group Sdn Bhd of Malaysia and […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of November & December 2017

Name, Venue & Organizer Date Myanmar Travel Fair, Myanmar Event Park (MEP) at Mindama, Yangon, AMB Tarsus Exhibitions Sdn Bhd 02-04 Nov 2017 Myanfood’17 & Myanhotel’17, Myanmar Event Park (MEP) at Mindama, Yangon, AMB Tarsus Exhibitions Sdn Bhd 02-04 Nov 2017 Myanmar Security Expo, Tatmadaw Exhibition Hall, Yangon, MP International Pte Ltd 16-18 Nov 2017 […]

Yangon Water Bus launched to the delight of commuters

Photo courtesty of Tint Tint Myanmar The Yangon Water Bus system was opened to the public on 6 October and began operating on 8 October amid a large number of interested citizens. At the opening ceremony of the YWB, Yangon Region Chief Minister U Phyo Min Thein said the water bus system will slightly decrease […]

Ooredoo’s M-Pitesan launches in next development in popular mobile money industry

  by Ben Roache M-Pitesan, Ooredoo’s entry into the increasingly competitive online mobile money industry, has launched this week. Allowing users to send money to friends and family, as well as purchasing airtime, Ooredoo hopes to change the lives of the people of Myanmar with their new innovative wallet solution. M-Pitesan’s Mobile money app works […]

Myanmar to Host the 14th World Chinese Entrepreneurs Convention on 15 Sep 2017

Over two thousand Chinese entrepreneurs from around the world will soon be gathering in Myanmar’s biggest city Yangon to explore the business opportunities in the region. It’s the first time Myanmar has hosted the biennial event. Themed “An opening Economy in Myanmar, A New Epoch in History”, the convention, now into its 14th year, has […]

Central Bank of Myanmar delivers green light for mobile wallet OK Dollar

by Ben Roache OK$, a mobile payment service that has recently been heavily advertised throughout Yangon, has been granted a Mobile Financial Services (MFS) licence by the Central Bank of Myanmar. This overcomes a major hurdle between OK$ and next generation retail payment, remittance and funds transfer services in the country. Fig 1 – Screenshot […]

Colliers Property Report: Yangon Upper-Scale Hotel Q2 2017

Creative Solutions Needed In a Challenging Market Landscape The sizeable rise in new supply is now taking a toll on Yangon’s upper-scale hotel market. Despite previous attempts to reduce ADRs, occupancy levels continue to trend downward. Colliers recommends developers to rethink with creative strategies and focus instead on enhancing the overall experiential value. Forecast at […]

Colliers Property Report: Yangon Serviced Apartment Q2 2017

Lower-tier modern developments gaining popularity Lower tier but modern projects are gaining more traction while movements from older and poorly maintained serviced apartments are becoming more apparent. In general, housing budgets remain a key consideration among many businesses and Colliers continuous to urge developers to veer away from upscale offerings, and rather focus on more […]

Colliers Property Report – Yangon Retail Q2 2017

Retail Market Faces Bright Future Yangon’s retail scene is undergoing modern transformation. Foreign F&B brands, new technologies, and upbeat designs are defining the trend, and the consumers are strongly embracing these new experiences. Colliers sees a shift towards trendier concepts and that a wider variety of product offerings will be essential for retail developments going […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of September & October 2017

Name, Venue & Organizer Date Myanmar Construction Industry & Technology Tradeshow, Gandamar Grand Ballroom, Yangon, Myanmar, Api99 Resources Pte Ltd 01-03 Sep 2017 The Euromoney Myanmar Global Investment Forum 2017, Myanmar International Convention Centre 2, Nay Pyi Taw, Myanmar, Myanmar Investment Commission (MIC) and Euromoney Institutional Investor (Asia) 12-13 Sep 2017 Myanmar International Franchise & […]