Mandalay Chases Dream of Becoming Myanmar’s First Smart City

YANGON — With ambitions of becoming a genuine smart city, Mandalay — the country’s last royal capital at more than 160 years old — is in the midst of a high-tech makeover at the government’s behest thanks to an eclectic team of doctors, engineers, lawyers, writers, journalists and IT experts. After a year of work […]

Mandalay taps British expertise for higher education

MANDALAY, Myanmar’s second largest city, is expected to become the country’s northern economic hub over the next two years. Yet, skills and talent in the city still lags behind Yangon and many cities in ASEAN. The brain drain and skills shortage are dragging its economic growth. But Ko Ye Tun Min, founder of the Mandalay […]

Myanmar casts its net for a global terminal operator as port expands

Myanmar’s largest container port is in the process of bringing on a global terminal operator as majority shareholder. One of four inner-city terminals on Yangon River, Myanmar Industrial Port (MIP) handles 400,000 teu a year – about 40% of the country’s container throughput. According to chief financial officer Chris O’Connor, MIP is reviewing bids from […]

Softline and Microsoft Target Local Banks With Launch of Cloud Services

​​ Moscow- based global IT solu­tions and service provider, Softline, is look­ing to sell its cloud secu­rity services to customers in Myanmar’s emerging financial sector, one of the company’s executives told an audience at its Yangon product launch. Softline will be team­ing up with long-time partners US software gi­ant Microsoft to provide ICT and cloud […]

Invitation for Bids for Supply, Installation and Commissioning of Server Room IT Equipment & Infrastructure for Treasury Department. Closing Date 21 March 2017

Subscribe to our tender alert mailing list   1. This Invitation for Bids is for the Supply, Installation and Commissioning of Server Room IT Equipment & Infrastructure for Treasury Department. 2. The Government of the Republic of the Union of Myanmar has received financing from the World Bank and a Grant from UK and Australian […]

Digital tech slowly seeping into Myanmar, but still a long way to go

Myanmar is trying to learn the ropes of recent advances in digitization that ease the often frustrating burden of manual, paper-based administrative and business procedures. The country’s first digital customs management system, the Myanmar Automated Cargo Clearance System, was launched on Nov. 15 at the customs offices near the Port of Yangon, the largest trading […]

How Long can Vietnam’s IT Industry Thrive on Low-Cost Labor?

Vietnamese engineers are now earning much less than their peers with similar skill sets in the region. Vietnam’s information technology (IT) sector may soon lose its competitive edge as salaries are likely to go up due to a shortage of skilled labor, experts have warned. Though holding equal qualifications, employees in the sectors are taking […]

With Sanctions Eased, US Sees Economic Potential in Myanmar

STATE DEPARTMENT — U.S. officials are looking to boost economic engagement with Myanmar, a country that has been dubbed by some as “the final frontier” because it is one of the last markets largely untouched by Western companies. The United States imposed heavy economic sanctions on Myanmar in 1997 over the ruling military junta’s repression […]

Myanmar’s mobile revolution

Myanmar has seen massive growth in internet penetration, mobile phone adoption and social media usage in the past few years, spurred by the end of direct military rule and rapid opening up of its market after decades of isolation. The consumer market in Myanmar has essentially bypassed the development stages seen in other economies and […]

US Investment in Burma Forecasted to Increase

RANGOON — US investment in Burma has strong potential to increase this year, experts said at a US-Burma Economic Relations seminar in Rangoon on Monday. Entitled “US-Burma Economic Relations: The Next Phase,” the seminar was jointly organized by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and the United States Chamber […]