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Rise in consumer spending drives City Mart’s digital transformation

THANKS TO THE significant rise in Myanmar’s consumer spending last year, City Mart Holdings Limited (CMHL), the nation’s top retailer, has embarked on virtualising its digital infrastructure in cooperation with VMware Inc, a global enterprise software provider. Arnel Redondo Reyes, head of information technology at CMHL, said at a press conference on Thursday that the […]

Myanmar not ready yet for auto boom

THOUGH MYANMAR has the potential for a boom in its automotive industry, it may take more than five years to enjoy tangible benefits in reality, according to Soe Tun, president of Myanmar Automobile Manufacturers and Distributors Association and managing director of Farmer Auto Trading Co. “It is not the right time for newcomers to enter […]

Taninthayi region will have electricity from national grid: chief minister

National grid will be connected to Taninthayi region within two-year time and one unit of electricity will be ranged between Ks35 and 50, said the region chief minister Dr Le Le Maw on June 4. At the present, the locals are paying over Ks400 per unit of electricity and the electricity bill is likely to […]

Parliament approves to borrow US$80 M from ADB

Union Parliament approved to borrow US$80 million from Asian Development Bank (ADB) for towns along Greater Mekong Sub-region development project. Kyaw Tin, Deputy Minister for Construction said the project is to develop towns located along the East-West Economic Corridor in Greater Mekong Sub-region. The ministry chose Hpa-an and Myawady from Kayin State and Mawlamyaing from […]

RFI from CSO/NGO/INGOs for All Regions/States particularly for Rakhine State. Submission Date: 7 March 2018

Procurement Process : EOI – Expression of interest Office : UNDP Country Office – MYANMAR Deadline : 07-Mar-18 Posted on : 14-Feb-18 Development Area : SERVICES Reference Number : 44156 Link to Atlas Project : 00104451 – Rakhine Joint Assessment Overview : This is a Request for Information (RFI) from national and/or international CSOs/NGOs/INGOs (Civil […]

Myanmar’s mobile money services poised for expansion

THE rapid increase in the ranks of smartphone users in Myanmar is providing opportunities for the marketing of mobile money services in the country, a forum has heard. Stephen Swan, head of product and digital at Wave Money Myanmar, which provides the nation’s leading mobile wallet, said mobile penetration rates in Myanmar had exceeded all […]

Police Step Up Crack Down on ATM Card Fraud

Local banks are teaming up with the Myanmar Police Force to crack down on il­legal cash withdrawals by counterfeit ATM cards, according to the Criminal Investigation Department (CID) of Naypyidaw. In a steamed effort to stop criminals from de­frauding Myanmar ATMs, police are installing CCTV cameras around cash machines, increasing levels of security, and even […]

Map App Offers Local Take to Travellers

With tourist season in full bloom, travellers have become an increasingly common sight around downtown Yangon – often with sunburned noses buried in city maps. But for those looking for more than the classic pictures of street names and must-see spots, a newly updated smartphone app called iDiscover CityWalks offers a community-centric alternative. The Hong […]

UK, Japan help in Myanmar’s urban planning

YANGON – Both seek greater involvement in infrastructure investment The United Kingdom and the Japan International Cooperation Agency have agreed to cooperate in an urban development planning project targeting Mandalay, Pathein of Ayeyarwaddy region and Mawlamyaing of Mon state. The six-month data collection survey of the regional cities started in January. The team consists of […]

Myanmar hotel prices ‘need to be more competitive’

TOURISM operators in Myanmar have been urged to focus on more competitive prices and reforming products At a seminar entitled “Myanmar Tourism Outlook 2016”, Thet Lwin Toh, chairman of the Union of Myanmar Travel Association and the boss of Myanmar Voyages International Tourism Co, said that hotel, airfare and package tour fees must be competitive. […]