Loesche to supply mills to Myanmar

Loesche has received an order for two cement mills (cement/slag) from the South Korean company, Yojin Construction & Engineering Co. Ltd. The two vertical roller mills a modern and reliable, and will be used in the company’s new clinker grinding plant in Thilawa, Myanmar. They will produce around 75 tph of clinker cement, with a […]

MPT chooses Gemalto services to enrich Myanmar customers’ mobile experience

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, and MPT, the country’s no.1 Telecom operator serving 23 million[1] mobile subscribers, are extending their partnership. MPT has acquired Gemalto’s Device Management and Advanced Over-The-Air (AOTA), in a bid to strengthen the relationship with its subscribers and expand its service portfolios. As the fourth[2] fastest-growing […]

Metro Group and Yoma Strategic Holdings sign joint venture agreement for wholesale distribution in Myanmar

Metro Group Wholesale & Food Specialist Company announces its joint venture partnership with the Singapore-listed Myanmar-focused Yoma Strategic Holdings Ltd. to develop a one stop food distribution platform in Myanmar. According to the agreement, METRO will take an 85% stake in the newly established joint venture called METRO Wholesale Myanmar Ltd., with the remaining 15% […]

ADB Trade Finance Program Marks Milestone with First Transaction in Myanmar

The Asian Development Bank’s (ADB) Trade Finance Program (TFP) has issued its first guarantee for Myanmar, supporting the import of fertilizers from Italy. The guarantee was issued in favor of Banca Popolare di Sondrio in Italy in respect of the payment obligation of United Amara Bank (UAB), one of TFP’s local partner banks in Myanmar. […]

Top Myanmar retailer to launch e-wallet with Thai technology

Win Win Tint, founder and managing director of CMHL, said in an exclusive interview that the firms recently signed a memorandum of understanding to form a joint venture. According to the pact, T2P will share its experience in developing both fintech and customer-loyalty programmes of the retailer by providing the technology to run its loyalty […]

Telenor to abolish roaming taxes in Thailand, Myanmar and Malaysia

Telenor will be the first operator in Sweden to abolish roaming taxes on surfing the internet in countries outside Europe. From 26 January 2017, Swedes with Telenor’s subscription ‘Telenor Frihet’ (freedom) can start surfing the internet in Thailand, Myanmar and Malaysia with no extra charge. Since June 2016, ‘Telenor Frihet’ started including the rest of […]

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 […]