Internet startups offering such services as car-hailing and payments are attracting many consumers in this booming economy, and the sector is expected to evolve further with a smartphone boom and improving infrastructure. In the largest Myanmar city of Yangon, where traffic volume is shooting up, taxis carrying the logo of “Oway Ride” are a growing […]
Ooredoo Partners with Tech Startup Bindez to Provide Burmese News Content
September 4, 2015 by
Telecom service provider Ooredoo has partnered with local technology startup Bindez to bring a news app for Android users called “Bindez Tha Din”. This is Bindez’ first product to the market and it’s in “Public Beta stage”. Ooredoo and Bindez have been engaged over the last few months in developing an app to serve the […]
Yonder & Beyond Lists MySQUAR on AIM with Market Capitalisation of $27.6 Million
July 15, 2015 by
On July 1 MySQUAR, a Myanmar-language social media platform, listed on London’s Alternative Investment Market (AIM) after raising £1.67 million ($2.57 million). On listing MySQUAR had a market capitalisation of £18 million. Sydney-based technology venture firm Yonder & Beyond owns 4,133,303 MySQUAR shares, valued at A$845,000 ($632,457) on listing which represents a value up-lift of […]
Local Firm Develops New Taxi Hailing App
June 16, 2015 by
A local software development company, Synapse, has developed a phone app that can help passengers find shared taxi rides. The application, named Hoho Dede, meaning ‘here and there’ in Burmese, is currently only available for Android, and will allow passengers to find each other to hail taxis together. “The passenger needs to turn on GPS […]
MySQUAR Launches Free Mobile Messaging App for Myanmar
August 18, 2014 by
Local content platform MySQUAR said it has beta-launched MyChat, a free mobile messaging app built solely for Myanmar. Available on Android devices, MyChat is tailored for the Myanmar market with localised language, look and feel as well as emoticons and sticker sets, the firm said. “MySQUAR’s chief mission is to connect Myanmar youth with experiences […]
Myanmar promises to clean up mining sector
July 14, 2014 by
Australia has hailed Myanmar’s (Burma) bid to boost transparency in its mining sector, with the federal government keen to ramp up trade and investment with the emerging economy. Myanmar’s application to join the Extractive Industries Transparency Initiative – a voluntary code to encourage governments to be accountable for their country’s resource revenues – has been […]
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