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GrabPay sets sights on Cambodia and Myanmar

Southeast Asia’s largest ride-hailing group plans to take its mobile payments service into Cambodia and Myanmar as it expands its range of businesses throughout ASEAN countries, according to a senior executive. Reuben Lai, senior managing director of the Singapore-based company’s financial arm, identified the two countries as next on the list. Grab’s ride-hailing app is […]

Closing the global and national digital divide

In the last couple of decades, the “digital divide” was narrowly defined by people’s access to the internet. Myanmar, of course, had very poor internet connections as recently as six years ago. In 2012, this country’s internet penetration was a mere eight percent of the population. In 2018, with four mobile phone operators in a […]

Deep-sea port needed for delta region to boost logistics

The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as part of EuroCham’s annual White Book. The publication highlighted the need for Myanmar to establish deep-sea ports in order for the country to realise its geographical advantage and become a logistics hub in Asia. Despite […]

Rocket Internet eyes Myanmar, Bangladesh, Pakistan markets

Rocket Internet, the German startup-builder, has big plans for Asia. Its Asia Pacific wing – a joint venture with Qatari telecom company Ooreedo – plans to launch at least one new company per quarter in the region. Next up on Rocket’s agenda are countries not typically considered to be hotbeds for online startups: Bangladesh and […]

Yangon Online Delivers Amazon, eBay And Apple To Myanmar

The website of the Yangon Online Store resembles an early, very pared-down Amazon or eBay site. The familiar categories of merchandise for sale include books, electronics, computers, sports equipment, health & beauty, clothing, automotive, and Apple products. Look a little closer and you will notice that only a few items have prices listed and that […]