Suu Kyi’s party claims to have won majority in Myanmar polls

YANGON, Myanmar (AP) — Voters in Myanmar’s biggest city, Yangon, turned up in large numbers Sunday to vote in nationwide elections that are expected to return to power the party of Nobel Peace Prize laureate Aung San Suu Kyi. Suu Kyi’s National League for Democracy party won the last elections in 2015 in a landslide, […]

What Myanmar’s proptech industry is doing to stay afloat despite COVID-19

Since the first cases of COVID-19 were announced on March 23, the local economy in Myanmar, including the real estate industry, went into a rapid downward trend, especially due to the closure of borders, airports, public transport and blocked imports of building materials necessary for developers’ construction sites. By April, all major cities including Yangon […]

Myanmar Institute of Business acquired by financial adviser

Yangon financial adviser Trust Venture Partners (TVP) has acquired the Myanmar Institute of Business (MIB), an education and training provider for professionals in financial services, for an undisclosed amount. Demand for financial talent has spiked over the past four years, since foreign banks were permitted to open offices in Myanmar in 2015 and the bond […]

Myanmar at losing end in border trade disagreements: leaders

Myanmar must take steps to negotiate bilateral trade agreements with its neighbours to avoid volatility in border trade with China and India, as the consequent losses for locals can be huge. “There is currently no precise policy for border trade. Every country should have a policy to deal with trade disagreements and volatility. Right now, […]

Australia’s Frontier Digital Ventures to Invest Millions into iMyanmarHouse.com

Australia based Frontier Digital Ventures (FDV), is a a that was founded in May 2014 and headquartered in Kuala Lumpur, Malaysia. It focuses on becoming the world leader in online classifieds businesses in frontier markets. They are experts in the online classifieds space with a particular focus on property and automotive verticals and general classifieds […]