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Myanmar’s AGD Bank Seeks Foreign Partners, Has Talked With Uber

Myanmar’s Asia Green Development Bank Ltd. is seeking foreign partners and has held talks with Uber Technologies Inc. as it seeks to harness digital platforms to service the most under-banked country in Asia. The lender’s search for ride-sharing partners included “very preliminary” discussions with Uber’s Myanmar head, AGD Bank’s Managing Director Htoo Htet Tay Za […]

SEA mobile market update: Malaysia falls, Myanmar booms

The close of 2016 saw a number of significant shifts in operator rankings across many countries in Southeast Asia. The biggest change was in the Philippines, where Globe Telecom moved ahead of incumbent Smart after adding more than 10 million connections and expanding its market share by 4 percentage points to lead with a 52 […]

Liberalisation of Telecom Sector Contributed to Myanmar’s Economic Growth

​​ An expert symposium held on 12 January in Myanmar’s capital, attributed the liberalisation of the Telecommunications industry in Myanmar for the many positive contributions to the growth of country’s economy. With more than USD 2.8 billion investment in just two years from countries including Japan, Norway and Qatar, the telecommunications sector is one of […]

Viettel entering mature Myanmar mobile market

Myanmar’s telecoms sector became one of the fastest growing in the world since it was opened up to foreign competition in late 2013, when Norway’s Telenor and Qatar’s Ooredoo won mobile licences to compete alongside state-owned incumbent MPT. The country had roughly 51 million mobile connections at the end of last year, up from around […]