Growth in Burma helps boost Ooredoo earnings
Qatari telecom operator Ooredoo reports a 16.4 percent gain in second-quarter net profit, boosted by the performance of its businesses in Burma and elsewhere in Asia.
Tagged: telecoms
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Naypyidaw, Rangoon get telecoms boost
Broadband and mobile connections are set to improve in Burma’s capital and its largest city as two major providers of telecommunications services upgrade their offerings.
Slew of foreign investments approved before govt power transfer
Foreign direct investment in the fiscal year ending in March grew to nearly $9 billion, after a rush of last-minute approvals.
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Viber leads Facebook & Skype in Burma– but is it safe?
Founded in 2010, the smartphone messaging application is revolutionising the way activists and aid workers communicate, advocate and campaign in Burma.
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Business weekly 31 July
This week in business; Myanmar Brewery in deal dispute, Mercedes releases new car for Rangoon traffic, and a Thai telecoms firm ventures into the Burmese market.
Telenor boosted by growth in Burma
Norwegian mobile phone operator Telenor reported second-quarter earnings below expectations on Wednesday, but said its rapid growth in Burma continued.
Business weekly 10 July
This week in business: Dagon City development scrapped; Myanmar National Airlines launch first international flight; Dawei SEZ finally gets green light.
Business Weekly Lead Story News
Business weekly 22 May
In business this week: Dial-a-taxi service for Rangoon; Telenor expands teashop education programme; new tax for mobile phone top-ups.
Burma posts record year for foreign investment
Burma attracted US$8.01 billion in foreign direct investment in the last fiscal year, with oil and gas the leading sector.
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Burma’s digital present and future
In the space of a year, the size of Burma’s domestic Internet has tripled. In September 2013, the number of locally hosted websites was 300; by the same time this year it had jumped to 900.
Burma, US pledge to fight hate speech
Burma’s nascent internet industry has seen rampant abuse by extremist groups spreading misinformation, inciting violence and circulating false reports and pictures.
Karen State parliament closes with passage of two laws
The ninth session of the Karen State parliament drew to a close on Thursday with the passage of two new laws, according to Karen State Transport Minister Saw Khin Maung Myint.
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BUSINESS WEEKLY – 24 August 2014
BUSINESS in BURMA THIS WEEK: China aims to legalise Burmese rice imports; Muse SEZ to be completed by 2017; Malaysian firm to supply Komatsu dozers in Hpakant; Telenor promises roll-out in September.
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DVB talks to Petter Furberg, CEO of Telenor in Burma
Myanmar CEO Petter Furberg says Telenor will launch some time in September with both 2-G and 3-G networks. He also promised Burmese customers international calls at affordable prices.
Ooredoo’s services lacking, customers say
Despite promises of better voice connection and access to the Internet, mobile phone users in Rangoon say that Ooredoo’s services are falling short of high expectations.
MPT needs improvement to keep up with competition, official says
With foreign firms Ooredoo and Telenor poised to enter the Burmese telecoms market, Myanmar Posts and Telecommunications must improve upon its slow and unreliable reputation.
Japan pledges 10.5 million yen for Burma’s communications network
Japanese Foreign Minister Fumio Kishida pledged 10.5 billion yen (US$102 million) in loans to his Burmese counterpart, Wunna Maung Lwin, on Saturday to improve the country’s communications infrastructure.
Bullet Points: 5 August 2014
Watch today’s top stories with Angus Watson.
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Burma Business Weekly: 1 August 2014
Burmese currency remained stable, SMEs assessed for loan eligibility, mobile access increases as Ooredoo issues affordable SIM cards, and gas exports to China keep a slow but steady pace to CNPC, the world’s fourth-richest company.
Bullet Points: 30 July 2014
Watch today’s top stories with Angus Watson.
Telenor promises mobile coverage to 90% of Burmese
The Norwegian telecoms firm is embarking on a US$1-billion investment to roll out its commercial second- and third-generation mobile service in Burma this year.
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BURMA BUSINESS WEEKLY: 1- 7 FEB
Rangoon skytrain on track for 2025 completion; US bank offers credit incentives on Burmese trade; South Koreans dropped from Hantharwaddy Airport project; German President to attend business forum in Rangoon; and more.
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Telecom investments threaten privacy rights in Burma
World Bank support for the fledgling Burmese telecommunications market may well exacerbate civil society concerns.
Ooredoo calls on Digicel for telecoms development
Yoma Strategic Holdings (YSH) announced that its joint venture, Digicel Asia Holdings (DAH), has agreed to partner with Qatar-based Ooredoo in the development of telecoms towers in Burma.
Telenor and Ooredoo win Burma telecoms licences
Burma awarded two highly anticipated telecommunications licences to Telenor and Ooreedo on Thursday, despite calls from the lower house of parliament to delay the process until the country has passed a law to govern the sector
