Parent of Myanmar’s Mediaload secures series A funding

Cambodia-based Groupin, an internet startup, has secured US$5 million in a series A funding round from Belt Road Capital Management (BRCM), a Mekong-focused private equity company, a released stated last Monday. Groupin claims that it is the largest funding round in history raised by a Cambodian tech startup. The firm is founded by four siblings, […]

Telenor Survey Shows Myanmar Women Feel Happy and Optimistic When Using Mobile Phones

A recent Telenor Group survey showed Myanmar women found happiness and optimism as one of their top feelings associated with mobile usage. The survey which was conducted in six countries; Myanmar, Thailand, Malaysia, Singapore, Sweden and Norway; with a sample of 1,300 professional women aged 25-40 gave interesting insight into the habits and values of […]

Can mobile technology bring Myanmar in line with other Asean nations

Myanmar’s central bank has released additional rules on mobile financial services that lay the foundation for efficient and secure mobile financial services in Myanmar. While most of the Association of Southeastern Asian Nation (Asean) region adopts online and mobile banking, Myanmar remains almost completely cash dependent, with most salaries still paid in cash. According to […]