A much-anticipated reform in the real estate sector for 2014 was the introduction of the draft Condominium Law, but a series of disagreements among lawmakers has delayed its introduction to an unspecified date. The draft law is now expected to be re-submitted to the parliament in January 2015. The law, if approved as proposed, will allow foreigners to own apartment units...
In August and September 2014 two new mobile network operators (MNOs) launched in Myanmar, delivering state-of-the-art services to compete with the state’s monopoly. The country is now a fierce telecoms battleground as each company vies to attract Myanmar’s 51m potential mobile users. From under 10% mobile penetration in 2013, the country is due to exceed 97% teledensity...
Growing demand for residential units, the urbanisation of major cities and a national drive to bridge infrastructure shortfalls, should help Myanmar’s construction sector maintain its recent track record of strong growth over the coming years.
Myanmar’s telecoms developments will undoubtedly transform the social and economic fabric of the country, but beyond basic voice, data and SMS services a host of other products are being developed, including one of the most successful and transformative services of recent years: mobile money.
With mobile penetration on the rise, how can local small and medium-sized enterprises (SMEs) capitalise on the advancement of the telecoms sector?
Myanmar’s IT sector is beginning to feel the effects of the telecoms revolution as a result of the sector’s major reform process, but fixed-line connections and related infrastructure have a long way to go to catch up with the aggressive developments from mobile operators Ooredoo, Telenor and Myanmar Post and Telecommunication (MPT). The general spread of internet...
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