New Toyota Innova model hits Myanmar market

Global car company Toyota officially launched its Innova eight-seater compact multi-purpose vehicle (MPV) in Myanmar last Wednesday. The Innova is the third model, after the Avanza and Rush, Toyota has introduce in Myanmar this year. The Innova specifically for the emerging markets in Asia including Myanmar. The new Innova comes with a powerful 2.0 liter […]

Yangon International Airport Continues Push to Promote Myanmar Tourism

Yangon International Airport (YIA) attended World Routes 2018 in Guangzhou, China from 15-18 September 2018. As part of YIA’s push to become a high-performance airport that actively plays a role in promoting tourism to Myanmar, the YIA team held individual meetings with over 50 different airlines including airports and tourism ministries from different countries. Twenty-five […]

Emerging markets hold hope for smartphone shipment growth

Global smartphone shipments continued to weaken in the first quarter (Q1) of 2018, according to analysts. Canalys says shipments were down 3.4%, continuing the trend from a decline of 3% in Q4 2017. Worldwide sales of smartphones recorded their first decline since 2004, in Q4 of 2017, says Gartner. Global sales of smartphones to end-users […]

Telenor gears up to offer a Myanmar record for data speeds

AS MOBILE data consumption in Myanmar soars to some of the highest levels in the world, Telenor Myanmar plans to offer its subscribers a record speed for the country of 1 gigabyte per second (Gbps) in the near future, said Lars Erik Tellmann, the firm’s chief executive officer. Tellmann said at a press briefing on […]

Private equity firm casts net on Mekong region

A new private equity firm based in Phnom Penh is scouring the Mekong region for opportunities after making its first investment in the parent company of a leading Cambodian online real estate portal. Established in late 2017, Belt Road Capital Management (BRCM) has secured $50 million in committed capital from predominantly Asia-Pacific (APAC) investors and […]

Myanmar set for transition to digital economy with corporates’ support

FIVE YEARS after Myanmar’s liberalisation of the telecommunications sector, the nation has now over 50 million mobile subscribers, a figure that almost encompasses its total population, and is set for adoption of digital economy with the help of industry leaders worldwide. Myo Swe, deputy director general at the Posts and Telecommunications Department, said earlier that […]

Qatar Airways to boost Myanmar garment export

Qatar Airways Cargo has commenced direct freighter service to Yangon, Myanmar – providing more than 60 tonnes of cargo capacity on the Doha-Yangon-Doha route. The carriers acting chief officer Cargo, Guillaume Halleux, said: “We are delighted to launch our eighth freighter destination for 2017, in line with our strategic expansion to our network and fleet. […]

Ambient Digital Group Appoints Yvette Ces as Regional Associate Business Director

Digital media and marketing solutions company, Ambient Digital Group, has appointed Yvette Ces as Regional Associate Business Director. Her responsibilities will include heading up the Myanmar business to expand on its strong growth. Ces will work from the Yangon office, and be responsible for all sales, marketing and new business activities, as well as back […]

Kaladan woes reflect frustrated Indian vision for Myanmar and Southeast Asia

India’s ambitions to establish a foothold in Myanmar and strengthen ties with Southeast Asia risk being jeopardised by the ongoing Kaladan project. This ambitious venture exposes India’s overseas infrastructure failings, and thus its inability to push rival China aside. Long deterred by Myanmar’s status as a military dictatorship, India has only relatively recently built substantial […]

First Hilton Graduates in Myanmar to Enter Workforce

Twenty-eight graduates of the Hilton Vocational Training Center have officially entered the workforce in Myanmar after having completed two years of diploma study in hospitality management. The graduates are now fulltime employees at Hilton properties in Myanmar. Established in Nay Pyi Taw in September 2015, the Hilton Vocational Training Center was launched by Hilton and […]