RFID to be installed in licensed taxis

The Yangon regional government ministry in charge of transportation will install an RFID (Radio Frequency Identification Device) system in licensed taxis so that authorities can take action against unlicensed taxis that are operating in the Yangon region, it is learnt. “There are a total of over 80,000 vehicles running in Yangon, some with a permanent […]

Philippines Card Mri expands micro financing business into Myanmar

Burmese nationals who are considered “unbanked” will soon get microfinancing services of a Filipino company that recently expanded in Myanmar. Card Myanmar Company Limited (CMCL), a $150,000 expansion of the Center for Agriculture and Rural Development Mutually Reinforcing Institution (Card MRI), got its permanent license to operate as a service company last July. “CMCL is […]