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Reaching Singapore’s Unicorn Status, Carousell Expands its Presences to eight Markets Through 701Search’s Mergers

With the merger, Carousell will join forces with 701Search’s marketplaces such as Mudah in Malaysia, Cho Tot in Vietnam, and OneKyat in Myanmar Singaporean online marketplace Carousell announces that it has merged with telecommunications company Telenor Group’s 701Search, and its various marketplaces in different Southeast Asia regions, such as Mudah in Malaysia, Cho Tot in […]

Belgian firm withdraws from Myanmar military-backed Mytel

Belgian company Newtec’s decision to stop doing business with Myanmar military-backed Mytel will not seriously impact the company’s more than 15 million SIM-card holders across the country, according to Communication & Commerce (Com & Com), a technology and equipment supplier to Mytel. On Aug. 5, the UN’s Fact-Finding Mission on Myanmar (FFM) published a list […]

Military-Backed Mytel Announces Successful Test of 5G Service

YANGON—Mytel, the telecom venture between the Myanmar and Vietnamese militaries, and the fourth telecom operator to be established in the country, has tested Myanmar’s first 5G service using technology developed by China’s Huawei. According to Mytel, Huawei’s 5G NR technology will provide significantly increased capacity, lower latency (or delays in sending data) and faster download […]

Amid Int’l Espionage Concerns, Mandalay to Embrace Huawei for ‘Safe City’ Project

As part of its high-tech makeover to become a “smart city” with a view to enhancing the rule of law and security, Myanmar’s second largest city Mandalay is ready to embrace Huawei, prompting questions about whether upper Myanmar’s business hub will become prone to data theft and state-sponsored spying—both of which the Chinese telecom giant […]

Invitation for Request for Quotation (RFQ),Ministry of Transport and Communications, Deadline: 17th June, 2019

Invitation for Request for Quotation (RFQ) Ministry of Transport and Communications(MoTC) now invites eligible firm to submit the proposal for “Telecommunications Infrastructure / Network Inspection Tools ”as part of the Telecom Sector Reform Project supported by the World Bank’s Loan. The deadline for submission of RFQ is June 17th, 2019 by 13:30 PM (Myanmar Standard […]

Myanmar economy to rebound

Despite Myanmar’s economic growth having declined to 6.2 per cent last year from 6.8 per cent in 2017 , the nation remains resilient and is expected to return to growth of 6.5 per cent this year and 6.6 per cent next year, according to WB economists. Andrew Mason, World Bank’s acting chief economist for East […]

Vietnamese ride-hailing FastGo launched in Myanmar

FastGo Vietnam on December 28 launched its service in Myanmar, becoming the first Vietnamese firm in the ride-hailing sector to expand its operations to foreign markets. FastGo plans to introduce its services in big cities in Myanmar in 2019, with 2 million users and 100,000 drivers. In addition, it would continue to invest and call […]

Vietnam’s Viettel seeks to double Myanmar customer base – CEO

Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year, its president and chief executive officer Le Dang Dung told Reuters an in interview on Friday. Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also […]

Yangon Has 4th-Fastest 4G Speeds in East Asia, Survey Finds

YANGON — Myanmar’s commercial capital Yangon ranked fourth among East Asian cities in terms of 4G download and upload speeds in a report released by OpenSignal on Thursday. The telecommunications coverage mapping company studied 12 major economic centers in the region for a three-month period. “The result is surprising,” said OpenSignal, which listed a group […]

Myanmar: The New Hotbed for Satellite

The stunning landscape of Myanmar hides a tempestuous past that features its struggle for independence and eventual democracy. In 2010, the country sat on the cusp of massive change when the military junta handed over power. After 48 years of oppressive rule, a metamorphosis is occurring across the country. The daily lives of Myanmar’s 51.4 […]