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Foreign insurance firms could begin operating by mid-2019

A government official has said that foreign insurance providers will receive licences to begin operations in Myanmar by April 2019, according to a report in the Myanmar Times. The article quoted U Thant Sin, director of the Financial Regulatory Depar
Telenor Myanmar and Experian partner to accelerate financial inclusion for unbanked subscribers

Telenor Myanmar partners with Experian in credit market

Telenor Myanmar partners with digital firm Experian that aims to provide financial services to those without bank accounts in Myanmar. The target population includes individuals, households and small businesses. “Our partnership with Experian will
LSE-listed Myanmar Strategic to set up Yangon American International School

American international school to be established in Yangon

Myanmar Strategic Holdings (MSH), a company that is listed on the London Stock Exchange, is planning to invest US$ 1 million in establishing the Yangon American International School, according to reports. An article in Dealstreet Asia, said that the

Malaysian payment firm eyes Myanmar market

Malaysian cashless payment company Revenue Group Bhd is preparing to move into the Myanmar market, according to reports in the country. An article in The Star said that the company is awaiting approval from the necessary authorities before it enters

Korean firm invests in Myanmar jewelry venture

Investors from South Korea and Myanmar have teamed up to form a new joint venture focusing on crafting silver and gold jewelry, according to reports. An article in Myanmar Business Today said that Apple Design Jewelry Company will be formed as part o

Dawei SEZ development project faces more uncertainty

An official revealed that the government is considering removing the main developer from the controversial Dawei SEZ project. The main contractor, Italian-Thai Development (ITD), had fallen out of favor over concerns that its contractual obligations