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DICA to provide more services online

The Directorate of Investment and Company Administration (DICA) plans to digitalise all its services to speed up processes and reduce corruption risks. “Company registration was changed to digital system in 2018. Next step is for the whole DICA to become digital,” U Thant Sin Lwin, DICA director general, told The Myanmar Times. “It is for […]

Land bank to go online

Myanmar’s land bank will be fully digitalised and online access given to investors applying for land on which to do business in the country,” said U Thaung Tun, chair of Myanmar Investment Commission. Obtaining land is the main challenge for both local and foreign investors when they set up businesses in Myanmar. The country is […]

YCDC taxes can be paid by mobile phone from 1 Oct

YANGONITES will be able to pay Yangon City Development Committee’s (YCDC) taxes by mobile phone from 1 October. The mobile payment system for taxes was launched at a ceremony held on 12 September at the Yangon City Hall. The mobile payment system was introduced with the aim of facilitating the payment of YCDC taxes. It […]

Buyers in Singapore snap up US$6 million worth of Myanmar property

Myanmar citizens based in Singapore snapped up US$6 million worth of apartments and condominium units in Yangon at a two-day real estate fair held in the city state earlier this month. Hosted by iMyanmarHouse.com, Myanmar’s largest online property portal, the expo has been held at least once a year in Singapore since 2015 and targets […]

‘Tone from the top’ crucial in anti-corruption: DICA

There is a lack of awareness about the transparency and corporate governance aspects of the new Companies Law, according to a senior government official, who argued for the importance of tone from the top in combating corruption. The Myanmar Centre for Responsible Business (MCRB) and the Union of Myanmar Federation of the Chamber of Commerce […]

Myanmar Amongst Fastest-Growing Ad Markets

Bangladesh and Myanmar are projected to be amongst the world’s fastest-growing in terms of ad spend over the next three years, according to Zenith’s Thirty Rising Media Markets report. In fact, Bangladesh would clock the second-largest growth rate in ad spend, expanding by USD$457m (£329.66m) between 2017 and 2020, when it could generate USD$1.31bn (£944.99m). […]

In Myanmar, Rocket’s Shop.Com Raises The Online Retail Stakes

I may have expressed doubts in the past about Rocket Internet’s claims to be the first mover in Asian countries. But when it comes to Myanmar, the giant German venture fund and startup cloner has made big strides very quickly. Since July, Rocket’s jobs classifieds site there, Work.com.mm has been racking up to 100,000 page-views […]

Prepaid Citizen Card launched for Myanmar’s travellers

A new reloadable prepaid card that is accepted by MasterCard merchants worldwide has been launched with the Myanmar traveller in mind. Developed by 2C2P, a Singapore-based payment services provider, and Myanmar Citizens Bank (MCB), the card comes with an optional smartphone app for both iOS and Android platforms that allow cardholders to manage transactions in […]

NZ’s role in getting quality internet to Myanmar

NZ’s role in getting quality internet to Myanmar Tom Linn has always wanted to use his expertise in telecommunications to benefit the country where he was raised, Myanmar. Now the Technical Director of fast-growing ISP Wireless Nation is working with old university friends to do just that, by helping bring the nation up to speed […]