Myanmar’s First Private Bank to modernise banking operations with Misys

First Private Bank (FPB) has chosen Misys FusionBanking to streamline operations and digitalise as it takes a significant role in contributing to Myanmar’s growing economy. The bank, which received the first banking licence in Myanmar in 1992, aims to facilitate access to financial services for all and will transform its retail, corporate and digital offering […]

Flymya.com acquires UK technology for $600,000

As Tour Operator in Myanmar are eyeing to partner with foreign firms to serve their clients better, Flymya.com, the nation’s leading hotels and tours services website, has acquired Switch.cm, a London-based start-up specialising in building reservations platforms for the hotel and airline industry, for US$ 600,000. Mike Than Tun Win, chief executive officer of Flymya.com, […]

Foreigners prefer stand-alone houses over condos, estate agents say

Foreigners are expressing a preference for renting detached houses rather than condominiums or apartments, as catering to foreign clients becomes a growing market for Myanmar real estate agents. Detached houses are appealing to their foreign clients who are more concerned that the house is well built and well decorated than with how impressive the location […]

Business hub sets up shop in Dagon

The York Center office building on Yangon’s Yaw Min Gyi Street aims to open its door this month, offering minimum six-month leases to firms looking for office space. Scipio Services has agreed to a management services agreement with the property owner, rather than developing the project through a long-term lease on Build-Operate-Transfer terms often employed […]