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Tag: myanmar

Retail Asia09/11/2018
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Food

Auntie Anne’s to make debut in Myanmar

2min0
Yoma Strategic and the parent company of pretzel franchise Auntie Anne’s – Focus Brands – are to bring the popular hand-rolled soft pretzel store to Myanmar. Myanmar’s first Auntie Anne’s outlet is scheduled to open in Yangon in the coming months with a more ambitious expansion planned over the next five years. Auntie Anne’s recently […]
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Retail Asia11/10/2018
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Telecom

Myanmar telcos launch mobile scam info campaign

2min0
Myanmar’s mobile operators have teamed up to increase awareness of the importance of mobile security in the wake of a rise in the number of mobile phone scams targeting the nation. MPT, Ooredoo Myanmar, Telenor Myanmar and MyTel have launched a join information campaign covering various types of mobile phone fraud and steps consumers can […]
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Retail Asia11/10/2018
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Telecom

Telenor Myanmar launches Asia 9 roaming package

2min0
Telenor Myanmar has launched a new international roaming package offering data roaming at local rates in nine Asian markets. The new Asia 9 plan offers data roaming at 9 kyats ($0.0058) per MB in Vietnam, Thailand, Malaysia, China, Singapore, Cambodia, Bangladesh, Pakistan and Indonesia. Aimed at prepaid and postpaid customers traveling to or working in the […]
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Retail Asia09/10/2018
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Telecom

Myanmar Net taps Ruckus Networks for carrier-grade Wi-Fi

2min0
Myanmar’s largest pure-play ISP Myanmar Net contracted Ruckus Networks to deploy a carrier-grade Wi-Fi network across all major townships in Yangon and Mandalay. Through the deployment, Myanmar Net is offering consumers and businesses internet access at speeds of up to 62Mbps and prices competitive with the mobile operators’ existing data plans. Ruckus Networks provided Wi-Fi […]
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Retail Asia03/10/2018
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Food

KFC Myanmar to open 70 more stores

1min0
KFC Myanmar plans to expand into new territories as locals embrace the fast-food concept. Two recent openings in Monywa and Pyay have brought the number of KFC outlets in Myanmar to 26 across six regions, only eight of which are outside Yangon. The local franchisee, Singapore-listed Yoma Strategic, has indicated plans to open 70 stores […]
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Retail Asia06/09/2018
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Food

Singapore Myanmar Investco calls off Jones The Grocer franchise JV

1min0
The planned Jones the Grocer Myanmar expansion has been cancelled. Singaporean Myanmar Investco investment and management firm has called off a partnership with restaurant chain Jones the Grocer. The company, which specialises in investments focused on the high-growth emerging economy of Myanmar, announced without further explanation that the crucial “initial development location” upon which the […]
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Retail Asia07/08/2018
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Food

Krispy Kreme Myanmar makes debut next month

1min0
Krispy Kreme Myanmar will open its first store next month. The US doughnut brand has appointed a local franchisee partner which it says has plans to open 10 stores “in the near future”. Krispy Kreme Myanmar will be one of only a small number of early entrants into the country among global fast-food brands. “With […]
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Retail Asia19/06/2018
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Telecom

Telenor Myanmar to offer free iflix access

2min0
Telenor Myanmar has teamed up with streaming entertainment service iflix to offer customers with unlimited streaming access to promote the operator’s new fixed broadband offerings. Access will be provided to customers on Telenor’s 5Mbps, 10Mbps and 15Mbps broadband plans at no additional cost, giving customers the ability to consume thousands of hours of movies, TV […]
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Retail Asia19/06/2018
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Telecom

MyTel reaches 70% population coverage

1min0
Myanmar’s MyTel has announced it has achieved 70% population coverage with its 4G network mere months after launch. MyTel, the joint venture between Vietnam’s Viettel and a consortium of local technology companies, launched services in March in Nay Pyi Taw, eastern Bago and Kayin State. Now the operator’s network covers nearly all townships in the Yangon Region, citing […]
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Retail Asia30/05/2018
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Telecom

Edotco signs landmark deal with Ooredoo Myanmar Limited, expands business model to provide energy services

4min0
edotco Myanmar (edotco MM), an integrated telecommunications infrastructure services company in Myanmar today signed with Ooredoo Myanmar Limited (OML), a telecommunications service provider to take over energy assets and management on 1,250 telecommunications tower sites across the country. This milestone agreement marks a significant step for edotco in Myanmar, where it will now be able […]
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Retail Asia21/05/2018
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Food

Coffee Concepts will open 20 Starbucks branches in Myanmar

1min0
Hong Kong’s Coffee Concepts has won the rights to open Starbucks stores in Myanmar. The first Starbucks Myanmar store will open in Yangon, operated by a subsidiary Coffee Concepts (Myanmar), having received overseas investment approval. Coffee Concepts is a division of the Maxim’s Group, in turn a partly owned unit of Dairy Farm International. The […]
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Retail Asia15/05/2018
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General

Myanmar allows full foreign ownership in Retail Business

3min0
Foreign companies are now allowed to invest in Myanmar’s retailers and wholesalers, including holding 100% stakes, as the country makes efforts to lift foreign investment amid the Rohingya refugee crisis. The Ministry of Commerce announced the change on Friday, explaining that it wants to increase competition in the sectors and promote price stability and technology […]
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Retail Asia09/05/2018
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Telecom

Ooredoo Myanmar enters eSports tie-up with HOG

2min0
Ooredoo Myanmar has entered a partnership with Myanmar’s first eSports center Halls of Gamers (HOG) to provide high-speed connectivity for competitors. Under the agreement, Ooredoo will provide high-bandwidth fiber broadband services to HOG at a special rate to support HOG’s eSports tournaments. The operator will also set up a booth at the HOG eSports Center to […]
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Retail Asia26/04/2018
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Telecom

Myanmar to impose 2% USF levy in June

1min0
The Myanmar government has revealed plans to impose a 2% tax on the income of mobile operators starting in June to fund expansion of telecoms services to unserved rural areas. The proceeds from the tax will be pooled into a universal service fund to fulfil the provision of basic telecoms services in rural areas. Myanmar’s […]
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Retail Asia25/04/2018
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Food

Food2U scores a long term investment

1min0
Myanmar food-delivery platform Food2U has raised a six-digit investment from Premium Distribution, which handles retail, food services and non-food products. It imports and distributes products from such food brands as Cadbury, Ferrero, Fontana and Nestle, as well as items from Lock & Lock and Luminarc. The valuation of the startup, founded in early 2015, is […]
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Retail Asia02/04/2018
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Telecom

MyTel launches 4G services

2min0
Myanmar’s fourth operator MyTel has launched 4G services, and plans to expand its network to all 15 states and regions of the nation next month. The operator started selling SIM cards in Nay Pyi Taw, eastern Bago and Kayin State earlier this month. MyTel plans to differentiate by focusing its rollout more in regional areas […]
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Retail Asia22/03/2018
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Living

AirAsia in talks to set up airline serving Myanmar

2min0
AirAsia Bhd is in talks with a potential partner to open an airline serving Myanmar, in a move that would help the low-cost carrier cover up to 95% of the Southeast Asian travel market. In an interview with Reuters today, the airline’s group chief executive Tan Sri Tony Fernandes said he also expected AirAsia’s Vietnam […]
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