ThitsaWorks, a digital solutions provider for microfinance institutions (MFI) in Myanmar, has bagged an undisclosed amount of minority investment from early-stage venture capital firm BOD Tech Ventures. The new funds will allow the company to further scale their operations as well as working with the country’s financial institutions to provide credit access to farmers who […]
Can Myanmar become a cashless society?
October 7, 2020 by
Cash is king, or so the saying goes, and this is especially true in Myanmar. Traditional financial institutions don’t have a strong hold on the market – an estimated 74% of Myanmar’s citizens don’t have a bank account – and fintech apps such as e-wallets are a relatively novel concept. Long known to be Asia’s […]
President’s Office requested to investigate Civil Service Board’s connection with Bogus Universities
February 22, 2019 by
A complaint was submitted to the President’s Office on Tuesday, calling for an investigation into the Union Civil Service Board (UCSB) over its ties with two unaccredited foreign universities. The UCSB, a government agency responsible for recruiting and training civil servants, worked with Hawaii-based Akamai University and an affiliate institution in Malaysia, EDS Business School, […]
