Can you privatize development aid? Germany is trying, in Myanmar

Germany’s development ministry wants more private businesses to get involved in international projects. A visit with one such project in Myanmar highlights the opportunities — and the pitfalls. The richest and most famous people in Mandalay are all here. They’re meeting on the top floor of a decrepit shopping center: the gold mine owner, the […]

Local internet users easy prey to cybercrime: experts

Ma Khim Myat kept staring at the beautiful skirt on her computer screen, her mind torn between whether to make an online purchase or not. In the end, she decided not to shop online, remembering the horror stories of friends whose credit card information had been stolen after they used it for online purchases. “It’s […]

Mobile money services make waves in Myanmar

Seven years ago, the country had virtually no formal banking sector. Now, its clunkier commercial lenders face extinction thanks to the arrival of exciting new mobile money services whose mission is to march onwards and upwards. Brad Jones wasn’t sure what to expect when he moved to Yangon in early 2015 to become chief executive […]

Myanmar set for transition to digital economy with corporates’ support

FIVE YEARS after Myanmar’s liberalisation of the telecommunications sector, the nation has now over 50 million mobile subscribers, a figure that almost encompasses its total population, and is set for adoption of digital economy with the help of industry leaders worldwide. Myo Swe, deputy director general at the Posts and Telecommunications Department, said earlier that […]

Mobile penetration rate and smartphone usage levels lowest in the region: Telenor

An index of mobile phone penetration rates and smart phone usage remains low in Myanmar compared with other countries in the region. The index shows Myanmar scores a mobile density rate of 105 per cent of mobile density and 80 per cent for smartphone usage, according to a Digital Myanmar report made by Telenor. “Myanmar […]

Telecom Operators Must Expand Network Coverage After 4 Years

“Telecom operators, that are more than 4 years old, are expected to expand their network to remote areas where telecommunication is under developed,” U Nay Myo Kyaw, Deputy Minister of Ministry of Transports and Communication, said. He was answering to the motion submitted by U Sai Kyaw Moe, Member of Pyithu Hluttaw, lower house, from […]

Mytel to sell SIM cards in early 2018

With construction of a mobile network now more than 50 per cent completed, Mytel, the fourth telecom operator, is planning to start selling SIM cards in early 2018. Mytel said its objective is to provide the best Internet services at a fair price. The company’s Myanmar headquarters is located in Yangon and it has opened […]

Ooredoo’s M-Pitesan launches in next development in popular mobile money industry

  by Ben Roache M-Pitesan, Ooredoo’s entry into the increasingly competitive online mobile money industry, has launched this week. Allowing users to send money to friends and family, as well as purchasing airtime, Ooredoo hopes to change the lives of the people of Myanmar with their new innovative wallet solution. M-Pitesan’s Mobile money app works […]

Monetising Myanmar’s potential

The recent opening up of the country presents an opportunity for technology leap-frogging, even as the burgeoning IT sector is increasingly looking for investments and expertise from foreign companies THERE is little doubt that we are entering the golden era of the information age where innovation is continuing to disrupt a number of industries. At […]

Thai SMEs encouraged to invest in Mandalay

Thailand’s small and medium-sized enterprises (SMEs) are being urged to invest in Myanmar, especially in Mandalay, a region with abundant natural resources, strong agricultural production and growing demand for Thai goods. Speaking at a seminar in Mandalay sponsored by Bangkok Post Plc and Asset Pro Management Co, Nuttaphong Visitkitchakarn, who sits on the executive committee […]