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Beating self-doubt and gender bias

Ma Sandy Aung left a promising career in marketing in Singapore, where she had graduated from university, and braved the disapproval of her family to start her own firm, Forte Global, in Yangon five years ago. “Our aim is to help people working in organisations think, learn and do things differently, and as a result, […]

Singapore leads FDI list

Singapore has topped the list of foreign investments with over 20 billion USD, which accounts for more than 26 per cent of the total foreign investment, according to Directorate of Investment and Company Administration (DICA). From 1988-89 to 2018-19 fiscal year, the total foreign investment hit nearly 79 billion USD. Since taking office in 1988, […]

Yangon sets sights on smart-city goal

As the world advance, Yangon city has to become a smart city and also be made more liveable, said Yangon Region Chief Minister U Phyo Min Thein during the 10th anniversary of Barcamp Yangon held recently. BarCamp is an international network of user-generated conferences primarily focused around technology and the web. The Yangon Region government […]

Long-term investment is the key, according to Ascent Capital founder

Myanmar is an emerging market and long-term play for investors seeking to come in. In the following interview, Mizzima talked with Mr Lim Chong Chong, Ascent Capital Partners Founder and Managing Partner about the launch of a Myanmar-focused private equity fund – Ascent Myanmar Growth Fund – and the prospect for the economy and investors. […]

Myanmar’s stalled China-backed Myitsone dam project strained bilateral ties for years — now it could be scaled back or moved

A top Myanmar investment official on Tuesday suggested scaling back or relocating a stalled Chinese-backed hydropower project that has strained ties between the neighbours for nearly a decade. The suggestion follows a statement by the Chinese Embassy in Myanmar earlier this month that said civil society organisations in Kachin state supported the planned project. Hundreds […]

Yangon’s new city to start bidding process

The government body in charge of developing the new Yangon city project announced that it will commence the bidding process in mid-February. Yangon’s regional government launched an ambitious new city project via a government-owned New Yangon Development Co (NYDC) last March. The scheme covers an area twice the size of Singapore with a target of […]

Facebook, whatsapp target fake news for asia’s election season, but is it too little, too late?

Facebook and its subsidiary WhatsApp have promised to get tougher on “fake news” ahead of key elections in Asia, but critics question whether the new policies can stop viral disinformation from influencing the outcomes. Both companies have faced outrage over issues related to misuse and accountability, and this year’s polls could prove a crucial test […]

Temasek and ADB back Myanmar investment fund

Private equity company Ascent Capital has launched Singapore’s first Myanmar-focused fund, with backing from high-profile investors including sovereign wealth fund Temasek and the Asian Development Bank. By CLARE HAMMOND | FRONTIER IN 2013, Mr Lim Chong Chong was sent on a mission to Myanmar. He was working for Singaporean wealth fund Temasek and, as he […]

Singtel Dash e-payment system opens to Myanmar users

Myanmar nationals in the Republic will be able to send money home using mobile wallet Singtel Dash from March, under a new grant agreement signed on Tuesday (Jan 8). Singtel will work with banks, mobile wallets and cash pick-up services in Myanmar to set up safe and affordable ways for recipients to withdraw their money, […]

Deloitte Southeast Asia Announces New Leadership for Myanmar and Singapore

Deloitte Southeast Asia has announced that Aye Cho and Cheung Pui Yuen have been appointed as Country Managing Partners for the Myanmar and Singapore practices respectively. They have taken on their new roles starting on 1 January 2019. Aye Cho has succeeded Soe Win who retired from Deloitte Myanmar as its Country Managing Partner earlier […]