Tourism industry invests in tech amid COVID-19

The hospitality and tourism industry is investing more in technology during the COVID-19 pandemic, said U Than Htut, vice chair of Myanmar Hoteliers Association. “We face challenges in technology in COVID-19 crisis. We have to make more investment and changes in technology,” he said. Local conglomerate Eden Group says more investments in technology is necessary […]

Huawei Extends Cloud Services to Myanmar as Firms Go Digital

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> YANGON — While the US is pressuring European countries to shun Chinese tech giant Huawei over security concerns, more firms in Myanmar are partnering with the controversial company to use its cloud services during their digital transformations. Huawei provides cloud computing, offering computing power and online storage […]

SABMiller Eyes Stake in Myanmar Brewer: Sources

LONDON — SABMiller is exploring the possibility of snapping up a stake in Myanmar’s biggest brewer, a deal that would make it the partner of a conglomerate with ties to the former ruling military, sources familiar with the matter say. Any such deal involving Myanmar Brewery would likely be seen as a vote of confidence […]

Questions Surround 4th Telecom License, After Military Firm Name Emerges

YANGON — A Ministry of Communications and Information Technology official has denied a report that a military-owned conglomerate has been selected to become Myanmar’s fourth telecom operator, after a state-owned newspaper this week announced that the conglomerate was awarded a mobile phone license. The Mirror, a Burmese-language government mouthpiece, mentioned in an article on Thursday […]

Myanmar Firms Feel Pinch From Abroad

YANGON, Myanmar—The world’s biggest consumer companies are flocking to Myanmar, filling the once-pariah nation and its backward economy with goods previously unavailable to its 60 million people. But not everyone is happy. Some of the country’s biggest conglomerates—plugging away at the cash-strapped market for decades and fighting hard to grow despite crippling Western sanctions—are now […]