A BOOM in mobile financial services (MFS) is anticipated, thanks to the rapid increase in penetration rate and poor infrastructure in Myanmar, according to Takashi Shigeno, director of KDDI Summit Global Corporation. He cited three main reasons for this. “Firstly, more than 70 per cent of the population live in rural areas. Secondly, only 20-25 […]
Mobile financial services promising in Myanmar
February 1, 2016 by Thiha
Filed Under: Latest News Tagged With: AYA Bank, Bank of Tokyo-Mitsubishi UFJ (BTMU), CB Bank, E-Commerce, Global Corporation, infrastructure, KDDI Summit, MFS, mobile money, mpt, Oo Thein Myint, YCDC
All preparations for Yangon Stock Exchange in place by next month
August 17, 2015 by Thiha
ALTHOUGH the launch of the Yangon Stock Exchange (YSX) has been pushed back to the end of November or early December, Myanmar will ensure proper systems for the exchange will be in place by the end of this month, a government official said. Maung Maung Thein, the deputy finance minister and chair of the Securities […]
Filed Under: Latest News Tagged With: Aung Htun, chief compliance officer and deputy general manager of CB Bank, chief of the Stock Exchange of Thailand, chief representative of the Japan Exchange Group (JPX), director Nguyen Thi Viet Ha, Ho Chi Minh City Stock Exchange (HOSE), Kensuke Yazu, Kesara Manchusree, managing director of Myanmar Investments International, Maung Maung Thein, Oo Thein Myint, Securities and Exchange Commission, the deputy finance minister and chair of the Securities and Exchange Commission (SEC), Yangon Stock Exchange
Co-operative Bank testing new mobile banking service
November 28, 2013 by thiha
Co-operative Bank is currently testing its new mobile banking service pending approval, according to deputy general manager Oo Thein Myint. They will be the first bank to offer mobile banking services in Myanmar. “Our bank is testing the mobile banking system internally. We are ready to offer our services to the people. We have applied […]
Filed Under: Latest News Tagged With: central bank, Commercial Banking, First Bank, Free of Charge, Launch, mobile banking, money transfer, Oo Thein Myint, Pending Approval, Public Bank, remittance, Savings account