5BB Broadband, the service brand of Global Technology Group, has been recognized as the fastest fixed broadband network in Myanmar of 2020 by Ookla, the global leader in internet testing and analysis. 5BB achieved an outstanding Speed Score of 21.58, with a top download speed of 57.97 Mbps and a top upload speed of 43.61 […]
A New Harbinger of Good Governance – Myanmar’s Institute of Directors
March 28, 2018 by
This week marks the launch of an important market institution – the Myanmar Institute of Directors (MIoD), the first independent, private sector-led organization promoting best corporate governance standards and practices in the country. This is a significant step in Myanmar’s ongoing market reforms and sends a strong signal to the global business community the country’s […]
Increased investment and trade for Myanmar
August 9, 2017 by
U Aung Naing Oo, the Director General of the Directorate of Investment and Company Administration (DICA), said the Myanmar Investment Commission (MIC) has approved 26 domestic and foreign companies to conduct investment in Myanmar. Nineteen of the approved companies are foreign businesses. They include 12 companies from the industrial sector, 1 company from the livestock […]
Event Invitation: Euromoney’s Myanmar Global Investment Forum,12-13 Sep 2017, Naypyidaw
July 25, 2017 by
In the first year of the National League for Democracy (NLD) government, Myanmar’s economy decelerated and the pace of economic reform slowed. Yet, the government appears confident growth will return and has pledged to boost its economy in 2017-18. Foreign investors have reason for optimism too. A new Investment Law came into effect on 1 […]
Belt and Road should not dictate infrastructure priorities: Melvyn Pun
July 3, 2017 by
Beijing’s Belt and Road Initiative (BRI) should not dictate Myanmar’s infrastructure priorities despite the importance of Chinese finance, according to the head of Yoma Strategic. Infrastructure should be developed for Myanmar’s national interest. During the 2nd ASEAN-Myanmar Forum hosted by the Singapore Institute of International Affairs in Sedona Hotel yesterday, Melvyn Pun, the chief executive […]
Telenor Myanmar snaps up 1800MHz spectrum
May 29, 2017 by
Norwegian-owned cellco Telenor Myanmar has confirmed that it has purchased a twelve-year licence for a 2×10MHz block of spectrum in the 1800MHz band. The frequencies were priced at USD80 million with Telenor paying USD32 million up front, with the remainder to follow between the second and fourth year of the licence term. The cellco acquired […]
Myanmar: The New Hotbed for Satellite
May 4, 2017 by
The stunning landscape of Myanmar hides a tempestuous past that features its struggle for independence and eventual democracy. In 2010, the country sat on the cusp of massive change when the military junta handed over power. After 48 years of oppressive rule, a metamorphosis is occurring across the country. The daily lives of Myanmar’s 51.4 […]
Heavy equipment manufacturer Kubota opens facility in Myanmar
February 9, 2017 by
Heavy equipment manufacturer Kubota Corp. has opened an import and sales facility in Myanmar, vowing to support its growing farm machinery market and expand dealer networks by providing access to quality products. Located in the Japanese government-backed Thilawa Special Economic Zone on the outskirts of Myanmar’s commercial capital, Yangon, Kubota’s $10 million facility, which covers […]
