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The first Siam Makro store in Myanmar has opened its doors as the Thai-based cash & carry operator eyes the fast-growing foodservice sector in the rising country Myanmar. Located in Myanmar, the more than 7000sqm store offers more than 10,000 lines of fresh…
Thailand’s third-largest lender has received preliminary approval to operate in the Southeast Asian nation of 54 million people. SCB will be allowed to open up to 10 branches in the business area with an initial focus on Thai clients with investments in the…
Japan’s largest retailer Aeon is to open a shopping mall in Yangon, Myanmar’s largest city, in 2023. The Japanese retailer will partner with Myanmar conglomerate Shwe Taung Group to set up a joint venture in the country this year. The new Aeon shopping mall…
Japanese automaker Suzuki Motor Corporation has announced that it will be setting up a new manufacturing facility in Myanmar, under its subsidiary Suzuki Thilawa Motor. This will be the company’s third facility in Myanmar and will be located in the Thilawa…
Singaporean banks continue tapping into the growing sustainable finance market with the latest $44 million loans secured by Burmese developer Shwe Taung Group – the first in the country. Sole green loan advisor OCBC provided nearly $30 million with the…
“This is a remarkable event for Ooredoo Myanmar and we are very glad to have the opportunity to help the community that we work in. We have set out our Corporate Social Responsibility efforts to help promote the need for the health and education sector. We,…
In a significant move towards financial liberalization, the country issued its first-ever licenses to five foreign fully owned life insurers. It also awarded licenses to six joint ventures to operate in the country. Myanmar’s Financial Regulatory Department…
Italian fashion brand United Colors of Benetton, has released a new collection to celebrate its presence in the Burmese market. Benetton entered Myanmar in October 2017 and now has two stores in prominent areas, with plans to further expand its base in the…
These figures are a direct result of Ooredoo Myanmar providing internet connectivity to 150 libraries since December 2018 and its latest contribution of 166 laptops. Within the last 6 months (December 2018 – June 2019), Ooredoo’s support for digital libraries…
This standard specifies the technical requirements of centralized control of shared air-conditioners, setting a benchmark for the centralized control operation of the shared economy in the home appliance industry. It is another breakthrough in the wake of the…
On Friday, the country’s Ministry of Transport and Communications (MoTC) urged all telecom operators to suspend the use of internet data in around nine townships across the restive area of Rakhine and its neighboring Chin State. Telenor Myanmar said in a…
Ooredoo Myanmar, Facebook and the GSMA have jointly launched a digital literacy campaign to raise awareness and increase adoption of mobile internet in Myanmar. The “Internet 1O1” (Internet One on One) campaign aims to inform and educate first time and new…
Meal Temple Group, the leading startup in food delivery and logistics in Cambodia and Laos is continuing its expansion in the region by partnering FreshGora.com in Myanmar, after raising seed stage funds less than a year ago. Freshgora.com is a local startup…
The German-headquartered wholesale food-and-grocery retailer is looking to open in Mandalay, Nay Pyi Taw, Taunggyi and other major metropolitan locations in the region. “We are constantly expanding our customer base and have set a very ambitious target. You…
Toyota Motor Corporation will be building its first vehicle production company in Myanmar where it will locally produce the Hilux from February 2021. The announcement comes after other carmakers like Suzuki, Nissan and Ford established factories in the…
Telenor Myanmar has become the market’s first official partner for short-form video sharing platform TikTok, and introduced a new mobile data plan to support the partnership. The operator has introduced the new Sate Kyite Kyi plan, which will offer mobile…
