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 […]

Parliament confirms appointments at Central Bank

Myanmar’s Parliament has confirmed the appointment of members of the Central bank governing body, including the new chairman. Kyaw Kyaw Maung, who previously served as chairman of the Central Bank from 1997 to 2007 under the military regime, was reappointed. Current chairman Than Nyein and former director Khin Saw Oo are to be repositioned as […]