by Ben Roache OK$, a mobile payment service that has recently been heavily advertised throughout Yangon, has been granted a Mobile Financial Services (MFS) licence by the Central Bank of Myanmar. This overcomes a major hurdle between OK$ and next generation retail payment, remittance and funds transfer services in the country. Fig 1 – Screenshot […]
Building a better Condominium Law
Lack of clarity on foreign ownership, land use and building management committees in the Condominium Law are holding back growth in the property market. By DUNCAN BURRY When the Condominium Law was enacted in early 2016, many hoped it would provide a framework that could spur development in the sector, not least by permitting […]
Frontier Markets: Myanmar, Explosive GDP Growth
The reason I’m revisiting Myanmar is because recently the State Bank of India (SBIN), together with the Vietnam Bank for Investment and Development, Taiwan’s E SUN Commercial Bank (2884:TT), and South Korea’s Shinhan Bank, were all granted permits to operate in that country. Last year, the first round of permits were granted to ANZ Banking […]