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Myanmar on track for economic growth, says ADB

The Asian Development Bank (ADB) has released its report on economic outlook of the region, including Myanmar, for this year. The Asian Development Outlook 2019 Update report, released on Wednesday in Manila, provides analysis of macroeconomic issues in developing Asia, including new growth forecasts by country and region for 2019 and for 2020. In the […]

Yangon Govt, Lexis Nexis ink MoU on real estate information system

THE Yangon Region government signed a memorandum of understanding (MoU) with Southeast Asia Lexis Nexis Co. Ltd for developing the Housing Real Estate Information System (HREIS) on 28 August in Yangon. Speaking at the signing ceremony, Yangon Region Chief Minister U Phyo Min Thein said there are nearly 1.6 million households in Yangon. Of them, […]

The many battlefronts of Grab versus Gojek in Southeast Asia

The term ‘super app’ became a popular buzzword in Southeast Asia after Grab and Gojek, the region’s two biggest tech startups, began using the term to describe themselves. It’s meant to signal their ambition to become the one-stop app to offer services and solutions that help people address their daily needs–from transportation to food, to […]

China’s Extending Reach in Myanmar

Dissonance in the Hinterlands as China Moves In Myanmar’s dependence on China is easy to see. Brightly colored Chinese company signs and billboards are prominent, Chinese-looking businessmen stroll along the streets of Yangon, Myanmar’s largest city, and Chinese tourists seem to be everywhere. While I was visiting, a Chinese crew happened to be filming in […]

The Role of Fake News in Politics, Stability and Elections

Legislation is being introduced across Southeast Asia to combat fake news in the name of preserving social harmony. In practice, however, it is too often used by long-sitting regimes as a tool to discredit political opponents ahead of critical events such as elections and referendums. As a result, democratic values like freedom of expression and […]

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 […]

Taking a successful plunge into the digital pool

More and more young entrepreneurs have begun to start their own businesses in Myanmar have achieved success. Among them is U Ye Myat Min, founder of nexlabs, a digital consultation firm that provides branding, marketing, and tech advice to diverse mix of clients in sectors ranging from retail, finance and for consumer products. U Ye […]

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 […]

Myanmar urged to elevate 5G push

AS GOVERNMENTS around the world gear up to usher in the fifth generation of wireless technology atop their digital agendas, Myanmar should follow this trend by adopting 5G as a national strategy for the next decade, a forum has heard. Jianjun Zhou, vice president of Huawei Global Carrier Business Group, said Myanmar should draw up […]

Aik Htun: Driver turned Tycoon

For the owner of a business of any size, integrity is key. This is the principle that has brought U Aik Htun, one of the richest businessmen in Myanmar, through ups and downs. “The biggest secret of success is honesty and integrity,” said U Aik Htun, chair of conglomerate Shwe Taung Group, speaking in fluent […]