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 into an agreement with an unknown company. The article said that the firm has already established partnerships with lenders in other countries in Southeast Asia to provide cashless payment services, including through credit cards, debit cards and e-wallets. The company’s Chief Executive Officer Eddie Ng Chee Siong said that the company plans to strengthen its share of the market in Malaysia, before expanding to other countries in Southeast Asia. Established in 2003, Revenue’s focus is on delivering “complete and customisable payment solutions,” according to its website.
Upcoming Events
- No events
- all events
Highlights
Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …Facebook, Instagram ban military and related pages with immediate effect
In a February 24th update to its February 11th statement, Facebook through its Director of …Luxury Japanese real-estate complex called out for funding military
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …
Myanmar in the Media
- Myanmar junta leader makes first visit to ChinaSource: Bangkok Post Recent StoriesNovember 5, 20244 hours ago
- Myanmar junta chief to make first China visit since seizing powerSource: Voice of America East AsiaNovember 4, 20242 days ago
- War makes it harder to hold journalists’ killers accountable, experts saySource: Voice of America East AsiaNovember 2, 20243 days ago
- Alleged leader of Rohingya smuggling gang arrestedSource: Bangkok Post Top StoriesNovember 2, 20243 days ago
Thura NewsViews
Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss