Long before the October 1 switch from the Zawgyi font to Unicode in Myanmar, technology experts expected the move to generate some resistance from users. While the change is aimed at expanding communications and enabling greater compatibility with the rest of the world, the process of switching to the new system was expected to bring teething […]
Myanmar Shoppers Spend $90,000 in 1 Hour During Alibaba’s ‘11.11’ Online Sale
The local unit of Chinese e-commerce giant Alibaba Group sold over $90,000 worth of goods in the first hour of its first-ever online sale aimed at Myanmar shoppers on Sunday. The local version of Alibaba’s global “11.11” online sale was conducted by Myanmar’s biggest online shopping platform, SHOP.com.mm. SHOP said in a statement that over […]
Digital consulting firm nexlabs attracts US$150,000 from MSH
London-listed? Myanmar Strategic Holdings Ltd has agreed to make a strategic minority investment in Myanmar-based digital consulting firm, nexlabs, worth a total of US$150,000, the investment holding company said yesterday. MSH said in a statement that nexlabs, under CEO Ye Myat Min, has created and developed digital products and integrated marketing solutions for a wide […]
Emerging markets hold hope for smartphone shipment growth
Global smartphone shipments continued to weaken in the first quarter (Q1) of 2018, according to analysts. Canalys says shipments were down 3.4%, continuing the trend from a decline of 3% in Q4 2017. Worldwide sales of smartphones recorded their first decline since 2004, in Q4 of 2017, says Gartner. Global sales of smartphones to end-users […]
Entrepreneurs and investors: Three ways to make a pile of money in Burma (Myanmar)
Have you ever walked into a restaurant and seen a table full of people staring at their phones instead of talking to the real live human beings across from them? That used to never happen in Yangon, Burma … simply because no one had mobile phones. It was actually pretty nice being able to talk […]
Japanese firms apply to operate in SEZs
Among the international insurance firms that have representative offices in Myanmar, only Japanese firms have applied to operate in special economic zones, according to the supervisory board of Myanma Insurance. Sixteen foreign insurance firms have opened representative offices in Myanmar, but they have not begun operations since regulations have not yet been fully disclosed. “We […]
Mobile boom in Myanmar
The most popular brand in Yangon is iPhone, but Chinese brands are seeing their popularity rise The quest for the best mobile phones is endless in Myanmar as consumers are now offered the vast selection of products to choose from as well as better mobile phone services. In the country where the gross domestic product […]