CB Bank pursues tech strategy to bring sector into digital age

In October, CB Bank launched Innovation Lab on the API Exchange (APIX), making it the first bank in ASEAN to reach out to other financial technology (fintech) firms in the region on the exchange. APIX is a global, open-architecture platform that supports financial innovation and inclusion in ASEAN and around the world. Launched in September […]

Mandalay warns business license holders who violate regulations

The Mandalay City Development Committee (MCDC) has vowed to crack down on abusive businesses, such as those that secure contracts for collecting parking fees under the government’s auction system. The warning was issued as the MCDC on Saturday auctioned off six-month business licenses for the April 1 to September 30 period and one-year business licenses […]

Coming soon: Myanmar Online

On the surface, the capital of Myanmar looks like a modern city with its broad roads, leafy manicured environment, high speed Wi-fi at a sprawling international convention centre, and a cavernous modern airport. But like much of the rest of Myanmar, Naypyitaw is deceptive. Government ministries scattered along the avenues, hidden behind lush greenery, may […]