Police Fraud Exposed by Myanmar Auditor-General

Mandalay – Myanmar’s Office of the Auditor-General has said that four police brigades, which are under the jurisdiction of the military-controlled Ministry of Home Affairs, misused more than 600 million kyats (about US$400,000) from April to September 2018. The financial report from April to September 2018 was submitted to the Union Parliament on Tuesday by […]

Schools told not to enrol students from other townships

Schools in Yangon have been instructed not to accept the enrollment of students from other townships during the coming school year, according to U Ko Lay Win, director general of the Department of Basic Education. He said the same instruction was issued during last year’s enrollment but was not followed, so the department would be […]

China’s top planning agency doubles down on Belt and Road collaboration

Ning Jizhe, vice chair of China’s top planning agency National Development and Reform Commission (NDRC), visited Myanmar from November 24 to 27. The visit is built on the consensus reached by State Counsellor Daw Aung San Suu Kyi and China’s leader Xi Jinping at the end of 2017, with regards to the China-Myanmar Economic Corridor […]

KBZ to Upgrade ATMs after Security Breach

Kanbawza (KBZ) Bank will upgrade the security systems of its ATM machines after K20 million was stolen from ATMs in Yangon in late November, according to an official from the bank. The new “3D security system” will be installed soon and new security staff will be hired to heighten the security of ATMs while security […]

Rocket’s Carmudi rides on Myanmar’s Internet growth potential

Rocket Internet’s car classifieds site is firmly camped in Myanmar, despite it having one of the world’s lowest Internet penetration rates. Even though Myanmar has the world’s second lowest Internet penetration rate, Rocket Internet still believes in the potential of a site advertising cars there. Carmudi, its free car classifieds site, has been running in […]