YBS to adopt card payment system in June

Rollout of the Yangon Payment System (YPS) on the city’s buses will resume at the end of June, according to the tender-winning company Asia Starmar Transport Intelligent. YPS card system technology has already been installed on nearly 2,000 buses, and if pilot testing proves successful pre-paid cards will be sold at convenience stores. “We’re preparing […]

YBS card payment system to come online within six months

A ceremony to sign Yangon Payment Service Co Ltd (YPS) owned by Yangon Region Government and Asia Starmar Transport Intelligent Co Ltd was held at Yangon Region government office on March 12, with an address by Yangon Region Chief Minister Phyo Min Thein. Officials from Yangon Payment Service Co Ltd (YPS) and Asia Starmar Transport […]

Online shopping picks up momentum in Myanmar

Shop.com.mm, the Myanmar arm of China’s largest e-commerce company Alibaba Group, generated sales of over US$90,000 (K143 million)in the first hour of its first-ever Singles Day online sale on November 11. The occasion, also known as 11.11, is the biggest shopping event in China. Shop which is the largest online shopping platform in Myanmar, received […]