DICA issues revised list of ‘out of touch’ companies

The Directorate of Investment and Company Administration has published a revised list of companies to be struck off its register, after receiving a number of complaints from businesses named on the list that are still operational. In August, the regulator issued a request for confirmation from all companies still in business, as it seeks to […]

Myanmar Tower Co in talks for firm’s sale

Myanmar Tower Company (MTC), which is owned by Digical Asian Holdings, a joint venture between Digicel Group and YSH Finance, has been put up for sale, including all its contracts and sites, according to several market sources. Several companies have made an initial bid and are now carrying out the due diligence process on MTC, […]

E top-up service to spread nationwide

Red Dot Network, a mobile phone service provider in Myanmar, plans to expand the country’s first top-up service nationwide in the near future. Andy Whelan, chief marketing officer, said the firm wanted to become the foremost provider of electronic top-up service and payment solutions in the country. The pioneering system of Red Dot represents the […]