The Posts and Telecommunications Department (PTD) has issued a fine of nearly US$200,000 (K300 million) and two warnings to military-backed telecom operator Telecom International Myanmar (Mytel) for violating its rules and regulations after January 1. It also issued two other warnings to two operators for similar offences. Mytel, the fourth operator in Myanmar, was given […]
Rural areas to receive electricity powered by renewable sources: Minister
Rural areas far from the national grid will get electricity through renewable energy sources, says Minister of Electricity and Energy U Win Khine. He said the government will provide electricity to these areas through renewable energy as lower population density and electricity usage may not make it economical to expand the national grid. U Win […]
Mandalay to debate effort to resolve land-ownership issues
The Mandalay Region hluttaw (parliament) will debate a proposal to give title deeds to people who have lived for a long time on land that does not belong to them. U Tin Aung, MP for Chan Mya Tharsi constituency 1, submitted the proposal, which would exclude people living on government land. The proposal is expected […]
Developing nations must be financially educated: Experts
Technology is going a long way in helping reach the masses. Especially, with a substantial increase in mobile phone penetration in the past few years, accessing people has become a lot more easier, stated the panelists, while discussing the social impact through Fintech. Addressing a gathering at the Vizag Fintech Festival 2018 here on Tuesday, […]
Myanmar witnesses more development during incumbent gov’t: survey
YANGON, July 1 (Xinhua) — Myanmar has witnessed improvement of living condition during the last two years of the government led by the National League for Democracy (NLD), the official Global New Light of Myanmar reported Sunday. With the cooperation of the UN Development Program (UNDP) and the World Bank, a government survey was conducted […]
Government to collect tax to fund telecoms in rural areas
Funds will be collected from a tax on telecoms operators starting in June to extend the telecommunications network to remote areas of the country that do not yet have access, said an official of the Ministry of Transport and Communications. The Telecommunications Law, section 54 states that the ministry can establish and supervise a Universal […]
Myanmar’s Eden Group sets its sights on affordable housing
Tokyo Eden Group, a Myanmar conglomerate whose businesses range from construction to agriculture and finance, is set to further expand its core construction business as the company looks to provide more residences in the fast-growing country, including affordable units outside cities. “Our country needs to develop so much infrastructure and real estate,” group chairman Chit […]
Revealed the names of seven foreign applicants for fourth telecoms licence
Subscribe to our tender alert mailing list Industry sources have confirmed the names of seven companies that sent in non-binding expressions of interest to become Myanmar’s fourth mobile operator. The seven companies are Singapore’s Singtel, Hanoi-based Viettel, China Telecom, France’s Free, MTN out of South Africa, Hong Kong’s 1COM and telecoms firm Beijing Xinwei. The […]