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133

Myanmar’s CB Bank to double size of ATM network

By Finextra

Co-Operative Bank Limited (CB Bank) in Myanmar has awarded Diebold Nixdorf an extensive contract for systems, software and services to expand its self-service cash offerings beyond the country’s main commercial hub Yangon.  (more…)

Banks, Fintech news, Myanmar, Security

January 20, 2017

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Myanmar Expands Access to Financial Services with World Bank Support

By

The World Bank’s Board of Executive Directors today approved a $100 million credit to support Myanmar in improving the access of families and small and medium-sized businesses to financial services. (more…)

Government activities, Myanmar, news

December 24, 2016

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Myanmar’s Yangon Stock Exchange to Establish Blockchain-based Stock Exchange

By

Daiwa Securities Group, a Tokyo-based securities brokerage, will be working with Myanmar’s Yangon Stock Exchange (YSX) to establish a Blockchain-based stock exchange by integrating Daiwa’s equity trading into the Yangon exchange platform. (more…)

Blockchain, Financial Markets / Trading, Fintech news, Japan, Myanmar

November 17, 2016

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Fintech Holds The Key To Myanmar’s Future

By Casey Hynes for Forbes

As recently as 2013, CNN described Myanmar’s banking system as “outdated and debased, open for decades to abuse by the previous regime, and shunned by about 90 percent of the population.” (more…)

About, Fintech news, InspirAsia, Myanmar

November 1, 2016

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Golden Gate Ventures: the upcoming rise of M&A in ASEAN

By Liz Lee for DealstreetAsia Magazine,

Singapore-based early-stage venture capital firm Golden Gate Ventures foresees the pace of mergers and acquisitions (M&As) in Southeast Asia catapulting, as more institutional funds, protectionists economic policies and global funds look to expand their footprint in the region. (more…)

Analytics, Fintech news, Hong Kong, Indonesia, InspirAsia, Malaysia, Myanmar, Philippines, Singapore, Vietnam

March 1, 2016

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Unbanked Stories: Thai, Myanmar, Mexico, Bangladesh, and the Philippines

E27.CO: Philippines-based fin-tech startup LoanSolutions has raised an undisclosed round of funding from a group of international investors led by KK Fund, with participation from other venture capitalist funds and angel investors, including Kickstart Ventures and John Dang, CEO of Zipmatch. (more…)

InspirAsia, Myanmar, Philippines

July 6, 2015

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Myanmar Sees Surge In Telecom Investment

DEALSTREETASIA: Investment in telecoms has surged in Myanmar in the past year as operators begin to tap a rapidly expanding market, driving growth in the economy. (more…)

InspirAsia, Myanmar

June 20, 2015

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Singapore’s ConnectNPay And Polish Solution To Myanmar’s Financial Sector

TECHINASIA: Since Myanmar opened up its economy in 2010, after one of the most brutal dictatorships in Asia, capitalism has been on the rise. The country’s abundant natural resources, strategic location between Asia’s powers India and China, and its largely untapped market of 60 million people have caught the interest of foreign investors. (more…)

InspirAsia, Myanmar

May 27, 2015

A monk talks on his mobile phone during a meeting of Buddhist monks at a monastery outside Yangon on June 27, 2013.  Myanmar was due to reveal winners of two licences to provide mobile coverage in a country where less than 10 percent of the population has access to a telephone.   AFP PHOTO / Ye Aung THU        (Photo credit should read Ye Aung Thu/AFP/Getty Images)

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In Word-Of-outh Myanmar, Startups Must Enter ‘Trusted Circle’

E27.CO: “The majority of international brands available in Myanmar today are relatively new to the market, and as a result consumers are still familiarising themselves with these brands. They place a great deal of importance in the recommendations of those in their trusted circle of family and friends. For new brands looking to establish a foothold in the market, building awareness, trial and, ultimately, trust is critical to success.” (more…)

InspirAsia, Myanmar

May 7, 2015

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Singaporean Investments In Myanmar See Significant Increase

DEALSTREETASIA: The amount of FDI flowing into Myanmar from Singapore has seen a significant increase in recent years. Investment by Singapore organisations in Myanmar has risen 41.5 percent from 2012, hitting $311.4 million in 2013, with a focus on urban development, connectivity and finance, according to Lai Shu Ying, the Southeast Asia director of International Enterprise (IE) Singapore. (more…)

Fintech news, InspirAsia, Myanmar, Singapore

April 13, 2015