One Stop Service Centre (OSSC) regarding gold and related jewelry import/export will be opened at Culture Valley in People’s Park, Yangon, on 3 September. The OSSC includes an appraising team and related departments. After the Ministry of Commerce announced import and export permit of gold and related jewelry products on 22 January, preparations were made […]

My Tel rolled out FTTH service for SMEs and households on 15th August. It offers 3 kinds of monthly package:  Speed 5Mbps+2Mbps (Bonus) with 49,000 MMK,  Speed 10 Mbps+4Mbps (Bonus) with 89,000 MMK,  Speed 15 Mbps+6Mbps (Bonus) 122,000 MMK. Bonus bandwidth plan is valid to till September 22nd. According to My Tel […]

Ooredoo Myanmar has invested US$2.4 billion within a four-year period until at the end of 2018 in Myanmar, said its CEO Vikram Sinha during a ceremony to mark fourth anniversary of Ooredoo in Myanmar held on August 14. Ooredoo Myanmar set up its business in Myanmar at the end of 2013 through US$1.3 billion investment […]

The danger of Myanmar’s ongoing currency crisis, characterized by the sharp depreciation of the Myanmar kyat against the US dollar, must not be underestimated, said economist Dr. U Myint at public forum on the exchange rate at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) in Yangon on August 4. Over […]

Property contractors are under pressure from rising costs of building materials as a result of the higher dollar-to-kyat exchange rate. Building machinery and materials such as steel bars, which are imported from overseas, have become dearer to local developers and contractors on the back of the appreciating dollar. That is likely to drag many developers […]

The first Krispy Kreme shop in Myanmar is planned to open its door in September 2018. With a growing economy and a population eager to welcome global brands, the time is right for Krispy Kreme to bring sweet treats to Myanmar. It has a plan to open 10 shops in Myanmar over the next five […]

GGI Insurance launched a short term endowment life insurance, the first of its kind in Myanmar, at Pan Pacific Hotel in Yangon on August 3. These aged between 10 and 60 may have such a kind of insurance with an amount of K1 million to K50 million. The period of insurance can be five, seven […]

NTT Communications announced to expand its Digi-Path Premier Service to Mandalay as its second phase. The service will cover Aung Myay Thar San Tsp, Chan Aye Thar San Tsp, Mahar Aung Myay Tsp and Pyi Gyi Takhon Tsp of Mandalay. The firm has offered reliable, high-speed internet connections for enterprises throughout the Yangon area since […]

The Japan-based Panasonic Corporation launches Off-grid Solutions project as part of their efforts in Myanmar to solidify their place as one of the top MNCs operating in Myanmar and to provide for betterment of the country, on 13 July 2018 while celebrating their 100th anniversary. The so called Off-grid Solutions will range from educational activities […]