‘Going gangbusters’: Digital payments the winner from Myanmar’s pandemic

Every month, grocery store owner Daw Saw Myint earns a little extra cash by arranging to pay the power bills of other residents in her Dawbon Township apartment building. She charges them K500 each – that is, all of them except Daw Ah May, 65, who lives on the sixth floor. Seven months ago, Ah […]

Kachin State’s yemase jade miners and dealers demand a more equitable industry

Myanmar’s deadliest mine collapse in recent history caught the world’s attention in July, but local frustration with an industry controlled by outside companies has been growing for years. This article was supported by the Pulitzer Center on Crisis Reporting It was the deadliest landslide in Myanmar’s recent history – about 200 jade miners buried in […]

AIA formally launches operations in Myanmar

AIA formally launched its operations in Myanmar with an opening ceremony on January 18, marking its entry into what is considered the new frontier for insurance in Southeast Asia. The launch event was dubbed ‘UN in Yangon’ (Un is French for ‘one’), and featured performances from top singers in Myanmar, including Esther Dawt Ching Sung, […]

As remittance market reaches saturation, mobile money keeps growing

If the mobile money market were a football match, then the second half has just begun. As the undisputed market leader, Wave Money is already a few goals ahead. It reports having almost 50,000 agents and more than 11 million customers, who remitted US$2.8 billion between January and September of this year. By the end […]

Myanmar dam project shouldn’t be politicized

Non-governmental organizations, political parties, and environmental experts from every state and region in Myanmar have been invited to come together in opposition to the China-financed Myitsone Hydropower Dam project, Frontier Myanmar magazine reported. So far, only 44 percent of households in Myanmar have access to electricity. Addressing a nationwide power shortage, Myanmar’s government has set […]

Frontier Markets Investment Portfolio: A Mining Site in Northern Myanmar

Asia Frontier Capital’s Regional Investment Analyst Scott Osheroff recently traveled to northern Myanmar to visit the mine site of one of its portfolio companies. Myanmar – Liberalization begins to unfold The National League for Democracy (NLD) seems to have potentially finally come to the realization that the economy is suffering and therefore that their party […]