Thailand’s Inthanin coffee brand will roll out in Cambodia following the signing of a memorandum of understanding between RCG Retail (Cambodia) and Bangchak Retail. RCG plans to open more than 100 Inthanin cafes in Cambodia from next month until 2022. It will…
Despite slight revenue growth, Parkson Holdings’ retailing division ended its second quarter with a loss. For the first half, its interim financial report shows there was 3 per cent growth in revenue to RM1.9 billion (US$485.9 million) with an operating loss…
Singapore Myanmar Investco (SMI) has signed an international area development agreement to develop The Coffee Bean & Tea Leaf (CBTL) cafe chain in Myanmar. Founded by Herbert Hyman in 1963, the chain is owned and run by International Coffee & Tea, which has…
Myanmar’s mobile operators – MPT, Ooredoo Myanmar and Telenor Myanmar – have announced they have reached a collective 50 million subscribers. Extrapolating from the latest UN estimates, Worldometers projects that the total population of Myanmar is around 53.6…
PastaMania Myanmar will open a branch in Yangon’s Capital Hypermarket Extension Mall on February 27. From Singapore, the Italian casual-dining restaurant chain has more than 50 outlets in 14 countries. “This PastaMania outlet design is based on Italy’s piazza…
Bolloré Logistics’ Oil & Gas teams from Myanmar, Thailand and Singapore were present for the second time at the PTTEP Myanmar Asset 2018 Safety, Security, Health and Environment (SSHE) Forum on January 19th, 2018, in Yangon. The Oil & Gas teams available at…
A flagship store for Honor, a smartphone brand from China’s Huawei Group, has opened in Yangon. With its slogan “For the brave”, the brand was created for digital natives and offers internet-optimised products and high specifications at an accessible price…
The government is aiming to replace the use of electricity with Liquefied Petroleum Gas (LPG) as a fuel for household cooking. If widely used, LPG can reduce the use of firewood as well as electricity when cooking, which will help to conserve power as well as…
Telenor Myanmar will pay $80 million to acquire additional 1800-MHz spectrum to help it optimize its 4G network. The operator will acquire an additional 2×10-MHz of 1800-MHz spectrum, doubling its holdings in the spectrum band. Telenor is exercising its right…
Singapore-based, multinational shipping and logistics pioneer, Phee Group, has established Phee Central, a 60,000 square feet logistics centre in Myanmar to cater to a diverse array of logistics needs from businesses in the growing market. It is breaking into…
Dropee, a local based technology start-up, today launched the full release of its B2B marketplace and introduced a new web interface to further streamline trading between suppliers and retailers. Prior to the full release, Dropee was running on beta since…
The Myanmar government plans to launch its own communications satellite in June 2019 at a cost of $155.7 million. MyanmarSat 2 will have six C-band transponders and six KU-Band transponders with 864MHz of total bandwidth. The satellite will be at least partly…
New internet-enabled businesses are making an appearance in frontier Myanmar, which is witnessing a telecom boom period with operators putting their might on expanding network infrastructure to meet the growing demand for data services. While e-commerce and…
Myanmar’s MPT has the fastest internet speeds among the nation’s major mobile operators, according to a new report from Ookla’s Speedtest service. An analysis of the results of user-initiated tests over the Speedtest Android and iOS mobile apps indicates that…
Japanese noodle restaurant operator Toridoll Holdings plans to open 50 outlets in Myanmar with a local joint venture partner. The Myanmar noodle restaurants, in partnership with YKKO, will target the nation’s growing middle class. The first has already opened…
Myanmar broadband service provider Global Technology Group has revealed plans to roll out LTE-based wireless broadband services in 30 cities starting in April. The operator plans offer high-end wireless broadband services to both residential and business…