When Kieran Rabbitt stepped off a plane and into the heavy Yangon heat four years ago, little did he think he’d still be in Myanmar today, at the cutting edge of the country’s digital revolution. From offices in downtown Yangon, the Athenry native – along with Karim Ainsworth from Belfast – runs Cube Digital. The […]
In Myanmar, buying cars and homes with gunny sacks full of cash
Banks have even received deposits of S$10 million in bills, in a country where most still prefer cash in hand over credit. But could mobile wallets change all that? YANGON: At banks in Myanmar, it’s not unusual to see people lugging huge and heavy gunny sacks into the lobby. Once inside, they’ll split open the […]
Internet connection: Corporate website index released
Corporate websites provide a window to examine business practices, but their quality is still a mixed bag in Myanmar, according to a report by the Myanmar Centre for Responsible Business (MCRB). KBZ Bank and Max Myanmar came out on top of a rankings list that looks at the amount of information firms provide in key […]
Myanmar growing at breakneck speed
When Singapore lawyer Chester Toh starting working in Yangon, Myanmar’s commercial centre, 18 months ago, his commute to the centre took 15 minutes; now it’s a 45-minute slog through increasingly clogged streets. Call it the price of progress, or reform to be more exact. Toh, a partner at law firm Rajah & Tann, told The […]