Duncan Burry notes the promise ride-hailing apps hold for Myanmar’s future. Hello Cabs, Myanmar’s first ride-hailing app, was launched in Yangon in August of 2015. Oway Ride, a local rival, was not far behind, launching in February 2016. And then two large international players were launched in 2017: Grab in March and Uber in May. […]
Taxi service firms compete hard for Yangon’s customers
An aspect of Yangon’s modernisation is the entry and emergence of domestic and international transport operators, namely, Uber, Grab, Oway Ride and Hello Cab, to compete in the taxi service sector. Taxis are one of the commonly used modes of transport in the region, alongside commuter trains and public buses. But taxi service in the […]
Condo developers banking on diaspora dime
The developers behind a planned 27-storey luxury Yangon condominium project say they expect Myanmar expats living in Singapore to make up a significant share of their buyers following sales events planned for later this month. The consortium led by Singapore-based CapitaLand Limited will hold events in the city later this month to promote its 369 […]
How will the entry of two telcos affect Myanmar citizens?
The awarding of two new telecom licenses is a watershed in Myanmar’s road to modernization. It is expected to bring competition and innovation to an otherwise sleepy telecom sector that has been a disappointment to the Myanmar people and a drag on the economy for many years. Myanmar Posts and Telecommunications (MPT) and Yatanarpon will […]