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BURMA BUSINESS WEEKLY: 19 September 2014
Burma attracts $3bn in foreign investment this year; New 5,000 kyat notes to be circulated on 1 Oct; MOGE, Brunei sign production agreement for onshore block; Indonesian state bank to open in Rangoon
BUSINESS WEEKLY – 5 September 2014
Ten new markets to be built in Rangoon; Dawei SEZ to resume in November; Cummins to provide hybrid power in Burma; MPT launches 3G SIM cards; Burma to open three new border trade stations.
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.
Black market boom in cheap Ooredoo SIMs
Ooredoo’s cheap SIM cards are ending up on the black market, with even official dealers selling them at higher prices.
