Telenor, Axiata merger could result in better services for Myanmar

Telenor, Axiata merger could result in better services for Myanmar

Norway’s Telenor Group and Malaysia’s Axiata Group are planning to merge operations across nine countries, including Myanmar. 
Former Mytel head wins industry recognition

Former Mytel head wins industry recognition

The former CEO of Mytel and current vice president of Viettel Group was named Telecom CEO of the year during the Telecom Asia Awards 2019. 
Foreign bank subsidiaries to be allowed to provide retail services

Foreign bank subsidiaries to be allowed to provide retail services

The Central Bank of Myanmar (CBM) will allow foreign banks to open branches in the country to help local businesses gain access to financing.
Tax on mobile phones kicks in 1st June

Tax on mobile phones kicks in 1st June

Starting 1st June, a five percent commercial tax on mobile phones and accessories shall be collected from buyers at the time of purchase.
DaNa Facility launches fintech challenge to spur innovation

DaNa Facility launches fintech challenge to spur innovation

The DaNa Facility, the UNCDF and the Asian Development Bank’s ADB Ventures have launched a new technology innovation program.
Ooredoo, ZTE to develop 5G network in Myanmar

Ooredoo, ZTE to develop 5G network in Myanmar

Ooredoo Myanmar and ZTE Corporation signed an MOU to collaborate on 5G network development yesterday which will ensure readiness for 5G.