As remittance market reaches saturation, mobile money keeps growing

If the mobile money market were a football match, then the second half has just begun. As the undisputed market leader, Wave Money is already a few goals ahead. It reports having almost 50,000 agents and more than 11 million customers, who remitted US$2.8 billion between January and September of this year. By the end […]

Myanmar to purchase more ocean liners

YANGON—Myanma Five Star Line will be purchasing three more ocean liners, according to MFSL deputy general manager Maung Maung Soe. As the national flag carrier of the Republic of the Union of Myanmar, MFSL now operates shipping services by running with 22 ocean-going vessels for domestic and foreign travel. “We are planning to buy three […]