Myanmar: The New Hotbed for Satellite

The stunning landscape of Myanmar hides a tempestuous past that features its struggle for independence and eventual democracy. In 2010, the country sat on the cusp of massive change when the military junta handed over power. After 48 years of oppressive rule, a metamorphosis is occurring across the country. The daily lives of Myanmar’s 51.4 […]

Malaysia’s Oldtown venture into Myanmar via franchisee

PETALING JAYA: Hong Leong Investment Bank (HLIB) Research believes the impact from Oldtown Bhd’s venture into Myanmar is minimal as it only accounts for less than 1% of total earnings. Hence, the research house is maintaining its earnings forecasts for the company as well as a “buy” call with a target price of RM2.09 Oldtown […]

Heavy equipment manufacturer Kubota opens facility in Myanmar

Heavy equipment manufacturer Kubota Corp. has opened an import and sales facility in Myanmar, vowing to support its growing farm machinery market and expand dealer networks by providing access to quality products. Located in the Japanese government-backed Thilawa Special Economic Zone on the outskirts of Myanmar’s commercial capital, Yangon, Kubota’s $10 million facility, which covers […]

Finland gives 4 million Euros to Myanmar Development

Finland government has opened its pockets and written a check on 4 million Euros for The United Nations Development Programme’s (UNDP) development actions in Myanmar, supporting the areas of democratic governance, local development and environmental sustainability. “We look forward to deepening our partnership with UNDP. One of Finland’s development priorities is to support the democratization of […]

Telenor Tries to Keep Network Operational as Flood Worsens

Telenor Myanmar said it is working closely with tower companies and local relief authorities to ensure their cellular network remains operational in the face of worsening flood conditions in parts of the country. The Norwegian operator announced last week that 41 of the 2,585 sites on Telenor’s network have either been shut down due to […]

Telenor Numbers Begin New Code, Service Area Widens

Telenor has begun to distribute a new series of SIM cards with phone numbers beginning with “78”, where previous cards began with “79”. The Norwegian firm’s network began operations in September last year, and since then it has gathered 6.4 million users in 10 states and regions around the country. “Telenor Myanmar has produced approximately […]

App developer expo coming in February

Dates are set for Yangon’s third annual app and software development conference, organizers announced last week. AppExpo 2015 will run from February 19 to 20 at the MICT park, and will once again be organized by Yangon Heartz Media and Business Solutions, a local technology start-up. In addition to giving local programmers and software engineers […]

Ooredoo adds credit transfer services

Christmas may be over, but Ooredoo is hoping consumers are still in a giving mood. On December 30, the Qatar-based telco unveiled its newest digital service, allowing customers to transfer calling credit to other users at the push of a button. By typing *155* followed by the amount they want to transfer and the receiving […]

Yangon Angels could give start-ups wings

The Yangon Angels – investors and entrepreneurs that make up a new, informal funding network based out of Myanmar’s most populous city – refuse to be “Yes” men. At least, that’s what it seemed like after one member, Charles Kathrein of Singapore-based Kathrein Ventures, called the valuations that four start-ups claimed in their investment pitches […]

Ooredoo is facing a new competitor in Myanmar

The upcoming launch of a fourth mobile phone operator in Myanmar means a new challenge for Qatar’s telecom group Ooredoo which is currently building up a nation-wide network in the country seen as one of the world’s last telecoms frontiers, with Telenor and incumbent Myanmar Post and Telecommunication (MPT) as its current competitors. News broke […]