Between April 1 and July 11 of the current fiscal year, FDI into the country hit US$2.7 billion, almost half the MIC’s target. Meanwhile, a total of US$127 million in fresh funds was pumped into the Thilawa Speical Economic Zone, while US$221 million was injected into existing projects. That’s US$3.1 billion in total for the […]
MIRAIT Technologies Establishes a Subsidiary Company in Myanmar
March 16, 2016 by
TOKYO- MIRAIT Technologies Corporation (Head office: Nishi-Ku, Osaka, President: Kouichi Takahatake) announced today the establishment of its local subsidiary with 100% stake in Myanmar. Purpose of the new company MIRAIT Technologies Corporation as a comprehensive engineering company is expanding its business in APAC region with “Triple-Win Strategy.” Mamoru Tanaka, Senior Corporate Officer and Head of […]
Asia Frontier Capital Research Trip To Yangon In Myanmar
November 16, 2015 by
My last trip to Yangon was a little over two years ago. When arriving at the airport nothing has changed since then – just the immigration staff became more efficient – or maybe their computers are newer and thus faster? Last time it took the staff over 5 minutes to handle one person and fortunately […]
MPT disappoints customers with new charges
January 13, 2015 by
Myanma Posts and Telecommunications (MPT) is introducing new rates for internet, calls and SMS services on January 12. The MPT customers will pay Ks 10,000 for subscriptions to use the new programme, called “Swe Thahar”, and they will be charged Ks 25 per call, Ks 15 per SMS and Ks 15 per MB for the […]
Less that 20 percent of Yangon citizens have a bank account
November 24, 2014 by
More than 80 percent of Yangon’s 7 million inhabitants do not have a bank account, according to a two-month survey carried out by Yangon-based Thura Swiss research and consultancy company. The firm’s CEO Dr Aung Thura told Mizzima that their in-house survey team conducted 2, 892 interviewees with people in a wide variety of careers […]
Telecoms keep improving but expectations are high
September 23, 2014 by
The mobile race is nearly in full swing, though consumers need to be realistic as service rollouts across the country have years to go, industry observers say. The introduction of foreign telcos has already led to visible communications improvements, with SIMs now routinely sold at K1500 and speeds and communication reliability better than a year […]
Ooredoo’s Myanmar strategy chief looks beyond voice and text
July 14, 2014 by
Myanmar may have one of the lowest teledensities in the world, but Nick Swierzy , chief strategy officer for Ooredoo’s Myanmar operation, is confident that advanced services – running over the operator’s all-IP network – will prove popular in a short space of time. Flagging up the likes of mobile health and money services, Swierzy […]
Ooredoo clicks on Microsoft ahead of network launch
June 23, 2014 by
As Telecom operator Ooredoo prepares to launch its mobile network here in August it is hyping a slew of new partnerships and deals with global companies that it hopes will give it the edge over its rivals, as well as drum up attention to its service. The latest announcement is a deal with software giant […]
Myanmar Business Matching Service
August 24, 2013 by
Myanmar is often a misunderstood market. Many people think that all Myanmar people are poor. In fact our studies have shown that just in Yangon itself there are over 2,000 high income households i.e. people who own and live in own landed property and have a stable of luxury cars. These people usually own multiple […]
