Bus Ticketing In Myanmar Goes Digital, Thanks To This Brother-Sister Team

Myanmar has undergone significant transformations since allowing foreign telecoms to set up shop in the country in 2014. The costs of SIM cards dropped, mobile phone ownership skyrocketed and a startup ecosystem emerged in Yangon and other major cities. But not every industry has been quick to evolve — the travel industry, for one. Although […]

China’s climate aid flows into Myanmar

Than Bayar Khon village sits nested in the foothills of the Bago Yoma forest in central Myanmar. The low mountains, once heavily forested with teak and valuable tropical timbers, are now rapidly balding. Despite being only a few kilometres from the major highway connecting the port city of Yangon with the capital Naypyidaw, the three […]

Tackling Asia’s final technology frontier

Honey Mya Win didn’t have to look far to discover the tech potential for Myanmar. A 26-year-old former telecom engineer at Huawei, she was directly involved in configuring mobile phone towers and base station controllers that expanded 3G access to the once reclusive nation. “My team was actually the one connecting the country,” she said. […]

Bid to boost Myanmar shrimp trade begins

“We usually import broodstock from Thailand. But, possibility for the broodstock to suffer some diseases is truly a major risk to our shrimp production. Now we are about to start sustainable shrimp farming with the help of a firm from the United States,” he said. According to Kyaw Tun Myint, Myanmar entrepreneurs in the industry […]

Thai Exim Bank to open rep office in Yangon

The Export-Import Bank of Thailand will open a representative office in Yangon, Myanmar, in April to assist the start-up or expansion of Thai companies there. Bank president Pisit Serewiwattana said.the Exim Bank has been given a licence to open an office in the former capital city by the Central Bank of Myanmar. The next step […]

Government will provide loans in 2017 to develop the SMEs

Japan International Cooperation Agency (JICA) will provide Ks 15 billion loan through the government to develop small and medium enterprises (SMEs) in 2017, according to Directorate of Industrial Supervision and Inspection Department under the Ministry of Industry. JICA will provide the loan with the low interest. The loan will be in the form of two- […]

Myanmar sees rare series A investment as startups finally take off

Ever since Myanmar opened up its economy following one of Asia’s most brutal dictatorships in 2010, everything from politics to culture and business in the once-isolated nation has radically changed. From being virtually off-grid, Myanmar has seen mobile usage rocket. This largely untapped market of 60 million people has caught the interest of entrepreneurs and […]

Myanmar must boost SMEs

The story of Myanmar’s economic resurgence has attracted investors from all over the world, and most of the attention has been devoted to big businesses and multinationals. But the country also has a strong entrepreneurial spirit that has yet to be properly tapped. Both domestic and international investors feel that in order to bring out […]

Prospect for women in changing Myanmar

Myanmar has undergone huge changes in recent years in an attempt to open the country’s doors to foreign investment and catch up with the increasingly modernised world. Looking at the largest city, Yangon, it is obvious that modernisation is creeping into the country, with multinationals including Mercedes, Chevrolet and Hilton entering the market, with many […]

Video: Doing business in Myanmar – What you need to know as an entrepeneur from Singapore

The video is divided into 2 parts: Part 1: https://youtu.be/pCvYiQYDHcE To download the MP4 video https://goo.gl/gLBU1X Economic history of Myanmar – how Myanmar ended up where they are, as one of the poorest country in Asia despite its rich natural resources. A simple story of why it is more profitable to invest in Myanmar than […]