Cash is Still King in Myanmar But Visa Gains Ground

​​ American payment technology giant Visa saw double digit growth in transactions in Myanmar in the past year, bolstering its efforts to break into a country dominated by cash. The numbers of locals using Visa’s pre-paid cards abroad increased by 80% in the period between October 2015 to September 2016 while the actual amount spent […]

MAMDA Eyes to Organise Standalone Auto Traders

The Myanmar Automobile Manufacturers and Distributors Association (MAMDA) has opened a regional sub association for Yangon region in a bid to develop a more organised auto trading sector with the participation of the public. Although many people in Myanmar engage in auto dealing as middlemen, only a few are fully informed about the fast changing […]