Grab and Wave Money push e-payment

Taxi service firm Grab and the e-payment platform Wave Money signed an agreement to provide online payment for the taxi service on June 29 in Yangon. Wave Money, the first licensed mobile-money service in the country, has detailed a plan to implement e-money accounts for Grab taxi drivers, moving the cash-based payment towards online transactions. […]

Grab is adding Myanmar’s Wave Money to its mobile wallet

Ride-hailing and mobile payments startup Grab is partnering with Wave Money in Myanmar. Drivers will be able to sign up for emoney accounts that let them cash out their daily earnings at one of Wave’s 9,000 shops across Myanmar, Grab said in a statement today. Grab also plans to integrate Wave Money’s digital wallet with […]

Ooredoo to Roll Out Faster 4G in ‘Most Cities’ After it Secures 1800 MHz Spectrum

Telco Ooredoo has said its 4G network could get up to twice as fast after the operator acquired two blocks of 1800 megahertz spectrum last month. Qatari-backed Ooredoo paid $80 million for 2 x 10 megahertz blocks of the 1800 megahertz spectrum band under the same terms as rival operators Telenor, MPT and Vietnamese-backed newcomer […]

How microfinance can help Myanmar meet its major funding needs

Myanmar’s economy has logged one of the fastest growth rates in the world since it opened up in 2011, but its development of channels for financing such growth has not kept pace. The stock market, which began trading in March 2016, has just four listings, and overall market capitalization is equivalent to less than 1% […]

Myanmar Grants 123 Licenses to Telecoms Companies Since 2015

Myanmar authori­ties issued a to­tal of 123 licens­es to companies in the booming telecommuni­cations sector in the past two years, official media reported last week. The licenses were grant­ed to 85 foreign and 38 lo­cal companies by the Post and Telecommunications Department. They cov­ered business activities including network facili­ties services, application services and nationwide telecoms […]

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 […]

The land of the $20 smartphone

“This one $40, this one $30 … that one $20!” The owner of the street stall, a man of about 30 years wearing a traditional longyi tied around his waist, is gesturing at a phone that looks, to my eyes, like a mid-range Android phone. It bears the brand Singtech, a brand among myriad others […]

Confident iflix aims high in Myanmar

Greenlee said in an exclusive interview that Myanmar’s leap in the telecommunications sector would fuel the firm’s growth in the nation. “It is the first time that subscription video on demand [SvoD] service is available in Myanmar. So, we have set a benchmark again. We expect to be highly successful,” she said. “Myanmar is the […]

Tackling Asia’s final technology frontier

Honey Mya Win didn’t have to look far to discover the tech potential for Myanmar. A 26-year-old former telecom engineer at Huawei, she was directly involved in configuring mobile phone towers and base station controllers that expanded 3G access to the once reclusive nation. “My team was actually the one connecting the country,” she said. […]