Mobile Money Flourishing in Myanmar

YANGON — For a population used to carrying wads of cash stuffed in pockets, purses and wallets, mobile money has the potential in Myanmar to dislodge paper as the main means to make payments and remittances. Mobile money is a fintech service that enables money to be deposited and withdrawn using apps downloaded to mobile phones. […]

How Mytel is Set to Shake Up Myanmar’s Telecoms Sector

​​ The entrance of a new operator to Myan­mar’s telecoms sec­tor has brought a wave of new investment and heightened competition to an already crowded mar­ket, promising expanded service options and lower pricing for consumers. In mid-January the telecoms regulator, the Ministry of Transport and Communications, for­mally issued the country’s fourth nationwide tel­ecommunications licence (NTL) […]