Myanmar group offers funds for tech start-ups

The Myanmar Computer Federation (MCF) will provide capital investment for young entrepreneurs who want set up technology-related ventures, said U Min Zayar Hlaing, the federation’s chair. He said those who want the funding can apply for the Myanmar Youth Technopreneurship Development Programme 2020 from now until January 24, 2020. All applications will undergo a two-stage […]

Marketing partnership responds to Myanmar’s digital transformation

Thanks to an explosion of investment in the past couple years, around 90 percent of people in Myanmar currently have access to smartphones with Internet connections, according to the Myanmar Computer Federation. From a marketing perspective, this situation presents an unprecedented opportunity to dramatically increase exposure of products and services inside the country and beyond. […]

The Unprecedented Explosion of Smartphones in Myanmar

Outside the offices of an internet startup called nexlabs, a snarl of honking cars and rickshaws grinds to a standstill on a trash-strewn street lined with crumbling buildings. Inside, though, the scene could be straight out of Silicon Valley. Programmers in t-shirts and jeans tap away at laptops beneath posters exhorting them to “Innovate” and […]

Yangon Heartz plans ‘smart city’

With Myanmar’s technology revolution in full swing, one Yangon-based ICT consultant is planning to push the boundaries further with a “smart city” project that will include a research and development centre for new technologies. Telecoms and IT solutions provider Yangon Heartz is looking for local or international partners to build the project at an estimated […]

Myanmar to establish new ICT zone in eastern Yangon

YANGON, April 21 (Xinhua) — Myanmar is planning to establish a new information and communication technology (ICT) zone in Thanlyin, eastern Yangon, to boost development of ICT in the country, local media reported Tuesday. Over 120 hectares of land plot have been designated for the new ICT zone and tender for developing the zone has […]

Myanmar Start Up Guide for E-Entrepreneurs

Harald Friedl tells you all you need to know to set up shop in Myanmar — Asia’s new frontier market Myanmar. The Myanmar Startup Guide is an attempt to describe the emerging startup space in Myanmar. From a closed, military-dominated, bureaucratic environment, Myanmar is very quickly embracing an openness to business, and firms, both large […]

Foreign investors to be invited to develop ICT City in Yangon

The construction and management of ICT City in Yangon will be carried out by foreign investors, said Myanmar Computer Federation, pioneering the project for software development. “We initially intended to carry out the IT park project but it was too big. So ICT City will be mainly for software development. We will invite foreign investors […]

Myanmar Trade and Business Association List

We get alot of questions about what are the various business and trade associations other than UMFCCI that a foreign investor should know about. Appended below is the list that we recommend: Myanmar Gems & Jewellery Entrepreneurs Association     29,Min Ye Kyaw Swar Rd.,Ward (8),LMDW 218451, 2300159   Association of Myanmar Architects [AMA]     Ward (9),HLG 519673~76 […]

Draft telecoms law to ease import scheme

The draft telecommunications bill that will soon be presented to the lower house will include a provision allowing the free import of communication devices exempt from Myanmar’s standard licensing scheme, Myanmar Computer Federation executive committee member Zaw Min Oo today told Mizzima. Under the current telecoms law, importing telecoms devices and equipment required an import license […]