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Source: http://mmbiztoday.com/rss

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<title>Ooredoo adopts new brand positioning</title>
<link>https://mmbiztoday.com/ooredoo-adopts-new-brand-positioning/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Mon, 15 Aug 2022 14:46:29 +0000</pubDate>
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<description><![CDATA[Recently, Ooredoo Myanmar changed their brand logo on Facebook baffling the users amid rumours that Ooredoo Group was planning to sell its Myanmar branch. But it turned out that the new logo was Ooreddo’s new brand positioning with the new tagline UPGRADE YOUR WORLD. “This is a hugely exciting new phase for Ooredoo, and one […]]]></description>
<content:encoded><![CDATA[Recently, Ooredoo Myanmar changed their brand logo on Facebook baffling the users amid rumours that Ooredoo Group was planning to sell its Myanmar branch.
But it turned out that the new logo was Ooreddo’s new brand positioning with the new tagline UPGRADE YOUR WORLD.
“This is a hugely exciting new phase for Ooredoo, and one to which we have all looked forward for some time. It is the continuation of our successful transformation programme to embed a culture of continuous evolution in all aspects of our business, from improving the employee and customer experiences to ultimately improving value for our shareholders,” Aziz Aluthman Fakhroo, MD and Group CEO, Ooredoo, said.
In recent years, Ooredoo launched a company-wide business transformation programme, investing heavily in network upgrades, products and people to deliver transformational digital experiences to customers wherever they want them online.
Ooredoo’s fresh new look is a natural progression of this business transformation journey, the company’s statement.
A communication campaign will be launched to accompany the new brand positioning and will be gradually rolled out across the markets.
Despite challenges in the telecom sector and internet shutdown in Myanmar, Ooredoo Myanmar in its financial report released in March 2022 reported that the revenue in 2021 grew by 8% compared to 2020.
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<title>Z Flip 4 and Z Fold 4 can be pre-ordered in Myanmar</title>
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<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Mon, 15 Aug 2022 14:05:53 +0000</pubDate>
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<description><![CDATA[Samsung Electronics Co.Ltd unveiled its foldable devices, Galaxy Z Flip4 and Galaxy ZFold4, along with Galaxy Watch5 / Pro and Galaxy Buds2 Pro, at its August 10th “Unfold Your World” Galaxy Unpacked 2022 event. Users in Myanmar can now pre-order newly released foldable at Samsung Myanmar period from August 11th to September 1st, 2022. Samsung […]]]></description>
<content:encoded><![CDATA[Samsung Electronics Co.Ltd unveiled its foldable devices, Galaxy Z Flip4 and Galaxy ZFold4, along with Galaxy Watch5 / Pro and Galaxy Buds2 Pro, at its August 10th “Unfold Your World” Galaxy Unpacked 2022 event.
Users in Myanmar can now pre-order newly released foldable at Samsung Myanmar period from August 11th to September 1st, 2022.
Samsung Galaxy Z Fold4, available in Phantom Black, Gray-green, and Beige, can be pre-ordered at the price of 4,759,000 MMK, and Galaxy Z Flip4, available in Bora Purple, Gray, Pink Gold, and Blue, at the pre-order price of 2,959,000 MMK.
Samsung Myanmar will accept the 100% payment with mobile banking and installment program from SES/IPP of CB Bank (0% interest rate, 6-month installment plan.
With an initial deposit of 100,000 MMK, customers in Myanmar can pick up their new devices by paying the remaining amount starting from August 27th, 2022 at the respective mobile shops where they pre-order. Pre-order customers will also receive the below pre-order gifts as special privileges.
In addition to the above special privileges and Samsung Care+ services, Samsung Myanmar also lets the users upgrade their Samsung Galaxy S Series and Note Series smartphones (Eligible for Samsung Galaxy S10, Note 8, and above) and also, Apple smartphones (Eligible for above iPhone X models) to the newly launched foldable smartphones just by topping up the remaining amounts (Only for the first 100 customers for each model). Moreover, they can also enjoy an additional trade-in amount of 300,000 MMK for Galaxy Z Flip4 purchase and 400,000 MMK for Galaxy Z Fold4 purchase respectively.
“Being understood that the world needs something more than a smartphone in their lives to push their boundaries, we, Samsung, have again brought new foldables that are built on the foundation of our openness philosophy, enabling new possibilities with complete customization both inside and out,” said Ko Zarni Win Htet, Head of Business Group at Samsung Myanmar.
Galaxy Z Flip4 is built with a 6.7” FHD+ Dynamic AMOLED 2X Infinity-O display, 1.9” Super AMOLED 60 Hz cover screen, 3,700 mAh battery with super-fast charging (10% faster Vs Z Flip3) and 4nm Snapdragon 8+ Gen 1 processor. It is equipped with 12 MP Wide & Ultra Wide rear cameras and 10 MP front camera.
Galaxy Z Fold4 features a 6.2” Dynamic AMOLED 2X Infinity-O Cover Display and 7.6” Dynamic AMOLED 2X Infinity Flex main Display (Unfolded), 4,400 mAh battery with super-fast charging, and 4nm Snapdragon 8+ Gen 1 processor.
It has 10 MP cover camera, 4 MP front camera and 3 rear cameras (12 MP Ultra Wide, 50 MP Wide, 10 MP Tele)
 
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<title>The Best Companies to Work in Myanmar (BCIM) campaign returns!</title>
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<description><![CDATA[JobNet.com.mm, Myanmar’s leading online job search site, announced today the launch of the second edition of The Best Companies to Work in Myanmar campaign after a 2 year break. The campaign returns for the second edition aiming to recognize and celebrate top companies in Myanmar based on employee engagement levels. “The last couple of years […]]]></description>
<content:encoded><![CDATA[JobNet.com.mm, Myanmar’s leading online job search site, announced today the launch of the second edition of The Best Companies to Work in Myanmar campaign after a 2 year break. The campaign returns for the second edition aiming to recognize and celebrate top companies in Myanmar based on employee engagement levels.
“The last couple of years have been extremely challenging, however many companies did great work at taking care of their people and deserve to be recognized for that. The campaign is based on a thorough employee engagement survey so it’s a direct reflection of the voice of the employees. There are many companies in Myanmar who have worked very hard to maintain great and engaging workplaces despite numerous challenges, and the Best Companies to Work in Myanmar campaign will offer businesses an additional, independent channel for measuring employee sentiment and a boost to their employer brand. Additionally, by showcasing and promoting the best workplaces in Myanmar that have the overall highest employee satisfaction and engagement, it also helps job seekers to identify top companies more easily.” said Matt De Luca, Managing Director of JobNet.com.mm.
The campaign has appointed Deloitte Myanmar as Official Verifying Partner; and received support from the British Chamber of Commerce Myanmar as supporting Chamber partner; CEO Business and Management Magazine, Myanmar Business Today, and Myanmar Insider will be the campaign’s Official Media Partners.
Entry Forms for the 2022 Best Companies to Work in Myanmar open on July 25, 2022, but companies can express their interest in joining the 2022 BCIM Campaign by filling out the form at <a href="http://www.bcimyanmar.com/participate">www.bcimyanmar.com/participate</a>. Companies must submit their Entry Form before the closing date of 15 August to confirm their participation. After the Entry Form submission, companies will be given the survey questionnaire to be completed before the closing deadline of 28 August. The questionnaire is 100% online and anonymous, and will provide an accurate insight on employee sentiment for all departments. Once the questionnaire responses have been verified and tabulated by the Official Verifying Partner – Deloitte Myanmar, participating companies will be provided with a highly valuable Survey Report.
The survey is divided in 7 functional areas, from measuring employees’ general alignment with company strategy to assessing the overall satisfaction with management and leadership in the business. Other parts include measuring satisfaction levels pertaining to teamwork, career growth opportunities and the overall work environment.
Organisations always greatly benefit from additional data about the levels of engagement of their workforce and an analysis of the data can provide exceptional insights into the state and trends across the organisation. This in turn can facilitate more effective HR and business strategy planning, which is something most organisations in Myanmar can greatly benefit from.
Companies must reach a required number of responses threshold, varying on company size and on average ranging around 80% of the organisation’s full-time headcount. Those who achieve a minimum overall score as measured by the Employee Engagement coefficient, will have the option to officially be recognized and listed as Best Companies to Work in Myanmar for a given year.
If you are interested in nominating your company for the 2022 Best Companies to Work in Myanmar, please visit <a href="http://www.bcimyanmar.com">www.bcimyanmar.com</a> and submit your inquiry.
<hr />
၂ နှစ်တာအချိန်ကာလပြီးနောက် မြန်မာနိုင်ငံ၏ ထိပ်တန်းအွန်လိုင်းအလုပ်အကိုင်ရှာဖွေရေးဝက်ဘ်ဆိုဒ်တစ်ခုဖြစ်သည့် JobNet.com.mm မှ မြန်မာနိုင်ငံတွင် အလုပ်လုပ်ရန်အကောင်းဆုံးကုမ္ပဏီများ (The Best Companies to Work in Myanmar) ကို ဖော်ထုတ်ပေးမည့် အစီအစဉ်ကို ဒုတိယအကြိမ် ဦးစီးကျင်းပရန် ထုတ်ပြန်ကြော်ငြာလိုက်သည်။ ဤအစီအစဉ်သည် မြန်မာနိုင်ငံရှိ ထိပ်တန်းကုမ္ပဏီများမှ ဝန်ထမ်းများ၏ ကုမ္ပဏီအပေါ်ထားရှိသော သဘောထားအဆင့်သတ်မှတ်ချက်များအပေါ် အခြေခံပြီး အသိအမှတ်ပြု၊ ဂုဏ်ပြုရန် ရည်ရွယ်၍ ကျင်းပရခြင်းဖြစ်သည်။
” လွန်ခဲ့သောနှစ်များက စိန်ခေါ်မှုများရှိခဲ့သော်လည်း ကုမ္ပဏီအများစုသည် ဝန်ထမ်းများကို ကောင်းမွန်စွာ ပြုစုစောင့်ရှောက်ခဲ့ကြသည့်အတွက် အသိအမှတ်ပြုသင့်ပါတယ်။ ဤအစီအစဉ်သည် ဝန်ထမ်းများ၏ စစ်မှန်သော သဘောထားများကို ကိုယ်စားပြုပါတယ်။ ထိုသို့အခက်အခဲ စိန်ခေါ်မှုများထဲမှ မိမိရဲ့လုပ်ငန်းများကို အကောင်းဆုံးထိန်းသိမ်းထားနိုင်ရန်ကြိုးပမ်းဆောင်ရွက်နေသော ကုမ္ပဏီများကို မြန်မာနိုင်ငံတွင်အလုပ်လုပ်ရန် အကောင်းဆုံးကုမ္ပဏီများ (The Best Companies to Work in Myanmar) အစီအစဉ်မှ လုပ်ငန်းရှင်များ၏ပုံရိပ်ကို မြှင့်တင်ရန် နှင့် ဝန်ထမ်းများ၏ သဘောထားများကို တိုင်းတာ၍ စစ်တမ်းကောက်ရန် ဆောင်ရွက်ပေးသွားမှာ ဖြစ်ပါတယ်။ ဝန်ထမ်းများရဲ့ စိတ်ကျေနပ်မှုကို အများဆုံးရရှိသည့် ကုမ္ပဏီများကို (The Best Companies to Work in Myanmar) တွင် ရွေးချယ်ထုတ်ဖော်ပေးခြင်းအားဖြင့် အလုပ်ရှာဖွေသူများအတွက်လဲ ထိပ်တန်းကုမ္ပဏီများကို အလွယ်တကူခွဲခြားသိရှိနိုင်ရန် ကူညီပေးနိုင်ပါတယ် ” ဟု JobNet.com.mm ၏အုပ်ချုပ်မှုဒါရိုက်တာ Matt De Luca မှပြောပြခဲ့ပါသည်။
ထိုအစီအစဉ်တွင် Deloitte Myanmar အားတရားဝင်အကဲဖြတ် partnerအဖြစ်လည်းကောင်း၊ The British Chamber of Commerce Myanmar မှ Chamber Partner အဖြစ်လည်းကောင်း၊ CEO Business and Management Magazine၊ Myanmar Business Today နှင့် Myanmar Insider တို့သည် အစီအစဉ်၏ တရားဝင် Media partner များ အဖြစ်ပါဝင်မည်ဖြစ်သည်။
၂၀၂၂ ခုနှစ်၏ မြန်မာနိုင်ငံရှိအလုပ်လုပ်ရန် အကောင်းဆုံးကုမ္ပဏီများ (The Best Companies to Work in Myanmar) အတွက် လျှောက်လွှာများကို ၂၀၂၂ ခုနှစ် ဇူလိုင်လ ၂၅ ရက်နေ့တွင် ဖွင့်လှစ်မည်ဖြစ်ပါသည်။ 2022 BCIM Campaign တွင်ပါဝင်လိုသောကုမ္ပဏီများသည် လျှောက်လွှာဖွင့်မည့်ရက်မတိုင်မှီ BCIM ဝက်ဘ်ဆိုဒ်၏ <a href="http://www.bcimyanmar.com/participate">www.bcimyanmar.com/participate </a>တွင် ကြိုတင်စာရင်းသွင်းထားနိုင်ပါသည်။ ကုမ္ပဏီများမှ ၎င်းတို့၏ပါဝင်မှုကို အတည်ပြုရန်အတွက် သြဂုတ်လ ၁၅ ရက်နေ့မတိုင်မီ လျှောက်လွှာကို တင်သွင်းရမည်ဖြစ်သည်။ လျှောက်လွှာတင်သွင်းပြီးနောက် ကုမ္ပဏီများအား ဩဂုတ်လ ၂၈ ရက် နောက်ဆုံးထား၍ ဖြေဆိုရမည့် စစ်တမ်းမေးခွန်းလွှာများကို ပေးအပ်သွားမည်ဖြစ်သည်။ မေးခွန်းလွှာသည် ၁၀၀ ရာခိုင်နှုန်းအွန်လိုင်းဖြင့် ဖြေဆိုရမည်ဖြစ်ပြီး ဖြေဆိုသူတိုင်း၏ အဖြေလွှာများသည် အမည်မသိဖြစ်သည့်အတွက်ကြောင့် ဌာနအားလုံးမှဝန်ထမ်းများ၏ စစ်မှန်သော သဘောထားကို ပေါ်လွင်စေမည်ဖြစ်သည်။ Deloitte Myanmar မှ မေးခွန်းလွှာဖြေကြားချက်များကို စိစစ်အတည်ပြုပြီးနောက် ရလဒ်များကို ကုမ္ပဏီများသို့ ပေးအပ်မည်ဖြစ်သည်။
ထိုစစ်တမ်းတွင် အပိုင်း(၇)ပိုင်းပါဝင်ပြီး ကုမ္ပဏီ၏လုပ်ငန်းပိုင်းဆိုင်ရာနည်းဗျူဟာကို ဝန်ထမ်းများမှမည်မျှပေါင်းစပ်ကိုက်ညီမှုရှိစွာလုပ်ဆောင်နိုင်သည်ကို စစ်ဆေးခြင်းလည်းကောင်း၊ လုပ်ငန်းစီမံခန့်ခွဲမှုနှင့်ခေါင်းဆောင်မှုစနစ်အား စိတ်ကျေနပ်မှုရှိ/မရှိ ကိုစစ်ဆေးခြင်းလည်းကောင်း၊ အသင်းအဖွဲ့လိုက်လုပ်ကိုင်ခြင်း၊ တိုးတက်မှုအခွင့်အလမ်းရှိခြင်းနှင့် ယေဘုယျလုပ်ငန်းခွင်အနေအထား အစရှိသည့်အပိုင်းများနှင့်ပတ်သက်ပြီး စိတ်ကျေနပ်မှုရှိ/မရှိ များကို စစ်ဆေးခြင်းတို့ပါဝင်မည်ဖြစ်သည်။
ဝန်ထမ်းများ၏ ကုမ္ပဏီအပေါ် ထားရှိသော သဘောထား အဆင့်သတ်မှတ်ချက်များကို လေ့လာသိရှိခြင်းအားဖြင့် လုပ်ငန်းတစ်ခုလုံး၏ အခြေအနေအရပ်ရပ်ကို နားလည်နိုင်မည်ဖြစ်သည်။
ထိုသို့သိရှိနားလည်ခြင်းအားဖြင့် လူ့စွမ်းအားအရင်းအမြစ် နှင့် စီးပွားရေးနည်းဗျူဟာများ ရေးဆွဲရာတွင် များစွာ အကျိုးရှိပြီး မြန်မာနိုင်ငံရှိ လုပ်ငန်းများကို များစွာ အထောက်အကူဖြစ်စေမည်ဖြစ်သည်။
ကုမ္ပဏီများအနေဖြင့် သတ်မှတ်ထားသောဖြေဆိုသူအရေအတွက် ကုမ္ပဏီအရွယ်အစား ပေါ်မူတည်၍ ပျမ်းမျှအားဖြင့် အဖွဲ့အစည်းတစ်ခုလုံး၏ အချိန်ပြည့်ဝန်ထမ်း ၈၀ ရာခိုင်နှုန်းအထိ ပါဝင်ရမည်ဖြစ်သည်။ Employee Engagement Coefficient ဖြင့်တိုင်းတာသောအခါ စုစုပေါင်းအနည်းဆုံးရမှတ်ရရှိသောကုမ္ပဏီများသည် “မြန်မာနိုင်ငံတွင်အလုပ်လုပ်ကိုင်ရန် အကောင်းဆုံးကုမ္ပဏီများ” (The Best Companies to Work in Myanmar) တစ်နှစ်တာစာရင်းတွင် အသိအမှတ်ပြုဖော်ပြခြင်းခံရပါမည်။
2022 ခုနှစ်အတွက် ” မြန်မာနိုင်ငံတွင်အလုပ်လုပ်ကိုင်ရန် အကောင်းဆုံးကုမ္ပဏီများ ” (The Best Companies to Work in Myanmar) အစီအစဉ်တွင်ပါဝင်ရန် အမည်စာရင်းတင်သွင်းလိုပါက <a href="http://www.bcimyanmar.com">www.bcimyanmar.com</a> သို့ ဝင်ရောက်ကြည့်ရှုပြီး စုံစမ်းမေးမြန်းနိုင်ပါသည်။
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<title>Ooredoo Pledges to Continue Tech Age Girls Myanmar Program</title>
<link>https://mmbiztoday.com/ooredoo-pledges-to-continue-tech-age-girls-myanmar-program/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Wed, 15 Jun 2022 09:24:10 +0000</pubDate>
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<guid isPermaLink="false">https://mmbiztoday.com/?p=11601</guid>
<description><![CDATA[Ooredoo Myanmar announced that it is continuing to support the Tech Age Girls (TAG) Myanmar Program in 2022-2023 with the goal of empowering young women via digital technology by bridging the digital gender divide. 220 girls will be participating in the TAG 2022-2023. Tech Age Girls (TAG) is a year-long program equipping young women, aged […]]]></description>
<content:encoded><![CDATA[Ooredoo Myanmar announced that it is continuing to support the Tech Age Girls (TAG) Myanmar Program in 2022-2023 with the goal of empowering young women via digital technology by bridging the digital gender divide. 220 girls will be participating in the TAG 2022-2023.
Tech Age Girls (TAG) is a year-long program equipping young women, aged 16-20, with technology skills as a tool for leadership and community development. It maximizes females’ productive use of technology for leadership and community development so that it can benefit not only the participating females but also their communities.
“Ooredoo Myanmar is committed to assisting communities in building a better digital future and optimizing the socioeconomic value of our presence, particularly in our core CSR pillars of education and health, by utilizing the technology as enabler. Through our Corporate Social Responsibility (CSR) programs, we strive to support for the development of local communities and empower people to achieve their full potential. We are very proud to continue the support of this great program which empower young women with technology,” U Tint Naing Htut, Head of Corporate Communications of Ooredoo Myanmar said.
Partnering with Myanmar Book Aid and Preservation Foundation (MBAPF), Ooredoo Myanmar has been supporting the TAG program since 2016 by providing connectivity and digital devices. Seeing the effectiveness of the program, Ooredoo Myanmar became the main sponsor in 2019 and widened its support in 2020-2021 to expand the number of participants to double.
TAG program is divided into three phases that last around a year; Phase I focuses on ICT skills, Phase II focuses on leadership, job skills and project management, and Phase III includes leadership summit, project implementation, reporting and evaluation. This year, phase 2 will include an updated topic on women’s rights.
The Tech Age Girls participants will acquire new soft skills, technical and professional skills through well-designed trainings. Finally, participants are expected to develop the confidence and inspiration to serve as community leaders.
Myanmar Book Aid and Preservation Foundation (MBAPF) called for applications from its library network throughout the country. The criteria of the selection includes girls who are aged between16-20, with education background – Grade 10 at least, who can actively participate for the whole year and have strong commitment to attend the cascade trainings minimum 4 hours per week. Then, the librarians will be provided TOT (training of trainer) trainings first and will be cascaded to the TAG girls via each library.
TAG program’s community project initiatives will focus on achieving five Sustainable Development Goals (SDGs) of United Nations; good health and well-being, quality education, gender equality, decent work and economic growth, and climate action by applying the technology. The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity.
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<title>Telenor Myanmar Changes Its Name to Atom Myanmar</title>
<link>https://mmbiztoday.com/telenor-myanmar-changes-its-name-to-atom-myanmar/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Thu, 02 Jun 2022 13:21:08 +0000</pubDate>
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<guid isPermaLink="false">https://mmbiztoday.com/?p=11596</guid>
<description><![CDATA[Telenor Myanmar Limited has changed its name to Atom Myanmar Limited starting from 30 May 2022, according to the company’s announcement. “The change of the company name is to reflect the post-transaction situation,” the company said, “with this change, ATOM MYANMAR LIMITED will keep up the strength of our capabilities in the wide market and […]]]></description>
<content:encoded><![CDATA[Telenor Myanmar Limited has changed its name to Atom Myanmar Limited starting from 30 May 2022, according to the company’s announcement.
“The change of the company name is to reflect the post-transaction situation,” the company said, “with this change, ATOM MYANMAR LIMITED will keep up the strength of our capabilities in the wide market and provide better communications services and more business opportunities for entities and individuals. Other than the name change, there will be no effect on the range of services and products.”
In July 2021, Telenor Group <a href="https://mmbiztoday.com/telenor-group-sells-telenor-myanmar-to-m1-group/">sold 100 percent of its mobile operations </a>in Myanmar to the Lebanon-based M1 Group for a total consideration of USD 105 million, of which USD 55 million is a deferred payment over five years. The transaction corresponds to an implied enterprise value of approximately USD 600 million.
For the Myanmar market, M1 Group is partnering with the Shwe Byain Phyu (SBP) Group, through Investcom PTE, which is the new entity that will take over ownership.
Currently, the telecom sector in Myanmar, who saw rapid growth until 1 February 2021, is struggling with low internet traffict as data rates have been doubled. Out of the four telecoms in Myanmar, MyTel faced tremendous challenges as armed revolution groups have destroyed many telecom towers owned by MyTel.
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<title>IMEI number of mobile phones required to be registered</title>
<link>https://mmbiztoday.com/imei-number-of-mobile-phones-required-to-be-registered/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Sat, 21 May 2022 14:39:08 +0000</pubDate>
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<category><![CDATA[Investment & Finance]]></category>
<category><![CDATA[IT & Telecom]]></category>
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<guid isPermaLink="false">https://mmbiztoday.com/?p=11587</guid>
<description><![CDATA[Leader of Tatmadaw Information Team, Major General Zaw Min Tun confirmed during the press conference held on 19 May that mobile phone importers will require to registered International Mobile Equipment Identity-IMEI number of imported mobile phones. He added that this move is to prevent tax evasion on imported mobile phones and will come into effect […]]]></description>
<content:encoded><![CDATA[Leader of Tatmadaw Information Team, Major General Zaw Min Tun confirmed during the press conference held on 19 May that mobile phone importers will require to registered International Mobile Equipment Identity-IMEI number of imported mobile phones.
He added that this move is to prevent tax evasion on imported mobile phones and will come into effect this Month. The NLD administration started imposing taxations on imported mobile phones.
When registering the IMEI number, importer, rather than individual customers, will require to register the IMEI number, otherwise the device will be blocked from using internet.
Moreover, SAC has also raised internet charges to the rate almost doubling the original charges in December last year. In addition to sky-high internet data charges, internet access has been blocked in many areas of the country, especially in conflict areas.
IMEI number can be check by pressing *#06# on dial pad in a smart phone.
 
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<title>Nay Pyi Taw to be implemented as a green, clean, and smart city: SAC leader </title>
<link>https://mmbiztoday.com/nay-pyi-taw-to-be-implemented-as-a-green-clean-and-smart-city-sac-leader/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Sat, 21 May 2022 13:59:12 +0000</pubDate>
<category><![CDATA[Investment & Finance]]></category>
<category><![CDATA[Local]]></category>
<category><![CDATA[MMBIZ News]]></category>
<category><![CDATA[Property & Real Estate]]></category>
<guid isPermaLink="false">https://mmbiztoday.com/?p=11583</guid>
<description><![CDATA[Chairman of the State Administration Council, Senior General Min Aung Hlaing, who overthrew the civilian government on 1 February 2021, said that Nay Pyi Taw will be shaped like green, clean and smart city. The state-owned Global New Light of Myanmar quoted Min Aung Hlaing to be saying that “many opportunities will come out for […]]]></description>
<content:encoded><![CDATA[Chairman of the State Administration Council, Senior General Min Aung Hlaing, who overthrew the civilian government on 1 February 2021, said that Nay Pyi Taw will be shaped like green, clean and smart city.
The state-owned Global New Light of Myanmar quoted Min Aung Hlaing to be saying that “many opportunities will come out for the nation in shaping Nay Pyi Taw as a green city, clean city, and smart city. Hence, efforts must be made to the improvement of agriculture and livestock farming through better management and various ways.” 
He commented during the meeting on the development of Nay Pyi Taw Council Area in Nay Pyi Taw on 19 May 2022. 
He also added that Nay Pyi Taw Council Area is the location for agricultural and veterinarian universities as well as offices of ministries, it is necessary to do production based on agriculture and livestock farms as models. River water pumping stations can contribute to a sufficient supply of water to farmlands in summer. 
Moreover, he also repeatedly talked about implementing electric train and bus services while the country faced electricity shortages.
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<title>Where Myanmar Plaza Came from and Where It Is Heading</title>
<link>https://mmbiztoday.com/where-myanmar-plaza-came-from-and-where-it-is-heading/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Fri, 20 May 2022 17:31:45 +0000</pubDate>
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<guid isPermaLink="false">https://mmbiztoday.com/?p=11571</guid>
<description><![CDATA[The emergence of the Myanmar Centre Project Yangon, the commercial capital of Myanmar, welcomed a 100% foreign direct investment from Vietnam’s Hoang Anh Gia Lai (HAGL) Myanmar in the form of the Myanmar Centre Project which began to take shape in 2013. With the aim of giving a quality retail shopping experience, the project included […]]]></description>
<content:encoded><![CDATA[The emergence of the Myanmar Centre Project
Yangon, the commercial capital of Myanmar, welcomed a 100% foreign direct investment from Vietnam’s Hoang Anh Gia Lai (HAGL) Myanmar in the form of the Myanmar Centre Project which began to take shape in 2013.
With the aim of giving a quality retail shopping experience, the project included the construction of an international retail shopping centre which was opened in 2015 and introduced to the public as Myanmar Plaza.
Prominent Retail Shopping Features
Having scored the hand-in-hand synergy of business and entertainment by comprising over 200 well-managed retail units, surrounded by Grade-A Office Towers and a five-star hotel, Myanmar Plaza was awarded the Best Retail Development Award by Property Guru in 2016. Such a feat was further enhanced by visitors who discovered the travel incredibly easy from across the city.
On the topic of convenience, one would usually stumble on a variety of promotion programs to attract shoppers of all ages. The shopping centre maintains a sunny outdoor space donned with a beautiful water fountain for seasonal celebrations while boasting a spacious indoor promotion area for marketing activities all year round.
<img fetchpriority="high" decoding="async" class=" wp-image-11572 aligncenter" src="https://mmbiztoday.com/wp-content/uploads/2022/05/892c033daacd9866-300x224.jpg" alt="" width="446" height="333" srcset="https://mmbiztoday.com/wp-content/uploads/2022/05/892c033daacd9866-300x224.jpg 300w, https://mmbiztoday.com/wp-content/uploads/2022/05/892c033daacd9866-80x60.jpg 80w, https://mmbiztoday.com/wp-content/uploads/2022/05/892c033daacd9866-265x198.jpg 265w, https://mmbiztoday.com/wp-content/uploads/2022/05/892c033daacd9866.jpg 523w" sizes="(max-width: 446px) 100vw, 446px" />
Cosmopolitan Nature
Myanmar Plaza, in its mission to provide international shopping experience, has brought in world-renowned brands, luxury products, fashion and cosmetics, and a major supermarket together under one roof. Its double-floor car park serves hundreds of vehicles simultaneously.
Befitting a cosmopolitan city such as Yangon, Myanmar Plaza celebrates major international and domestic special occasions while frequently hosting Myanmar traditional and cultural exhibitions, thereby becoming a hub of cultural exchange.
Job Opportunities
Since its arrival in Myanmar’s retail market, Myanmar Plaza has been a source of employment in many ways. Starting with construction jobs during the implementation stage, the shopping mall afterwards continued to create thousands of employment opportunities via its retail units of renowned brand shops, restaurants, entertainment and marketing activities.
Business Expansion
 
<img decoding="async" class="size-medium wp-image-11578 alignleft" src="https://mmbiztoday.com/wp-content/uploads/2022/05/32956699fed4f61e-300x209.jpg" alt="" width="300" height="209" srcset="https://mmbiztoday.com/wp-content/uploads/2022/05/32956699fed4f61e-300x209.jpg 300w, https://mmbiztoday.com/wp-content/uploads/2022/05/32956699fed4f61e-100x70.jpg 100w, https://mmbiztoday.com/wp-content/uploads/2022/05/32956699fed4f61e.jpg 523w" sizes="(max-width: 300px) 100vw, 300px" />Looking forward to the future, HAGL and Vietnam-based THACO Group signed a strategic cooperation agreement. 100% ownership of the Myanmar Centre Project was then transferred to THADICO, THACO’s subsidiary for Real Estate Development to further continue the project development. Ultimately, the expansion is expected to raise the urban living standards of the modern city and bring about more employment opportunities.
Initiative for Pandemic Preventive Measures
Starting in early March of 2020 when the COVID-19 pandemic spread to the country, Myanmar Plaza was the first shopping mall to roll out preventive measures such as temperature checking, placing hand sanitisers at every floor, disinfection at public areas and contact tracing, for the safety of visitors, tenants and their employees alike.
More significantly, the retail shopping mall invited pandemic-hit local SME businesses to plant their presence at plausibly affordable rates and sustained their business growth by giving access to high traffic of Myanmar Plaza.
 
<img decoding="async" class="size-medium wp-image-11575 alignleft" src="https://mmbiztoday.com/wp-content/uploads/2022/05/1765fbea5c77bbfa-300x224.jpg" alt="" width="300" height="224" srcset="https://mmbiztoday.com/wp-content/uploads/2022/05/1765fbea5c77bbfa-300x224.jpg 300w, https://mmbiztoday.com/wp-content/uploads/2022/05/1765fbea5c77bbfa-485x360.jpg 485w, https://mmbiztoday.com/wp-content/uploads/2022/05/1765fbea5c77bbfa-80x60.jpg 80w, https://mmbiztoday.com/wp-content/uploads/2022/05/1765fbea5c77bbfa-265x198.jpg 265w, https://mmbiztoday.com/wp-content/uploads/2022/05/1765fbea5c77bbfa.jpg 523w" sizes="(max-width: 300px) 100vw, 300px" />
CSR Activities
Since its inception, Myanmar Plaza has been providing care for local communities via its Corporate Social Responsibility (CSR) programs.
Previous activities entail donations to philanthropic organisations and relief efforts for flood-hit households from Mon State and Bago Region in the past years.
Very recently, Myanmar Plaza provided succour to destitute families from East Dagon Township of Yangon Region and donated funds for the renovation of Zabudipa Monastic Education School so the neighbourhood children to continue their studies despite any weather conditions.
What to Expect in the Future?
Myanmar Centre is gearing up to implement the second phase of the project to meet the evolving higher living standards of Yangon City. The new phase will include Grade-A office towers, commercial centre, Serviced Apartments, Residences, cinema, entertainment areas and more to embody the concept of “Everything under One Roof’.
Once completed and put into operation, local communities will be able to enjoy the benefits of higher living standards, in addition to bountiful employment opportunities as one would expect from a major commercial and business hub of Yangon.
 
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<title>KBZ allows cash withdrawal without limitation; but only for cash deposit</title>
<link>https://mmbiztoday.com/kbz-allows-cash-withdrawal-without-limitation-but-only-for-cash-deposit/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Tue, 17 May 2022 12:46:02 +0000</pubDate>
<category><![CDATA[Business]]></category>
<category><![CDATA[Investment & Finance]]></category>
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<guid isPermaLink="false">https://mmbiztoday.com/?p=11505</guid>
<description><![CDATA[KBZ bank announced that its customers can now withdraw cash from their personal bank without any withdrawal amount limitation, but it only applies to the cash newly deposited into the bank account, not to the previously deposited remaining balance in the bank account. The KBZ bank announced it on Facebook and the comment session of […]]]></description>
<content:encoded><![CDATA[KBZ bank announced that its customers can now withdraw cash from their personal bank without any withdrawal amount limitation, but it only applies to the cash newly deposited into the bank account, not to the previously deposited remaining balance in the bank account.
The KBZ bank announced it on Facebook and the comment session of the announcement was flooded with backlashes from the netizens as it does not allow previously deposited bank balances to be withdrawn without limitation.
As the customers tried to withdraw money from the bank account following the military takeover, all the banks started to impose limitations on cash withdrawals, firstly, from the ATMs and, then, from the bank account after banks were unable to put more cash into the ATM machines.
The limitation on cash withdrawal remained until today and customers are reluctant to deposit their cash, which cannot withdraw at their will. To bring in cash, banks launched a program in which customers open new bank accounts from which they can withdraw cash without limitation but only if they have deposited it in cash.
Moreover, the Myanmar Kyat also devalued reaching over MMK2,000 per dollar compared to below MMK1,500 per dollar before February 2021.
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<title>CBM Issues Entity List Exempted from Foreign Currency Conversion Requirement</title>
<link>https://mmbiztoday.com/cbm-issues-entity-list-exempted-from-foreign-currency-conversion-requirement/</link>
<dc:creator><![CDATA[Myanmar Business Today]]></dc:creator>
<pubDate>Thu, 21 Apr 2022 12:57:04 +0000</pubDate>
<category><![CDATA[Business]]></category>
<category><![CDATA[Featured]]></category>
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<category><![CDATA[Local]]></category>
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<guid isPermaLink="false">https://mmbiztoday.com/?p=11497</guid>
<description><![CDATA[The Central Bank of Myanmar issued a letter to the Authorized Dealer (AD) license holding bank containing a list of entities and individuals exempted from the controversial foreign currency conversion requirement. The Central Bank of Myanmar on April 3 issued a notification requiring all foreign earnings to be converted into Myanmar Kyat at the rate […]]]></description>
<content:encoded><![CDATA[The Central Bank of Myanmar issued a letter to the Authorized Dealer (AD) license holding bank containing a list of entities and individuals exempted from the controversial foreign currency conversion requirement.
The Central Bank of Myanmar on April 3 issued a notification requiring all foreign earnings to be converted into Myanmar Kyat at the rate of MMK 1850 per dollar within one working day. Later, it issued another notification exempting the Ministries and government.
Then, the Foreign Exchange Supervisory Committee held a meeting and decided to exempt certain entities.
The entities not subject to the foreign currency conversion requirement are Foreign Direct Investments operating under the permission of the Myanmar Investment Commission; Investments operating in the Special Economic Zone, diplomats and family members as well as in-service foreign staff in diplomatic missions holding positions similar to the rank of the diplomat, UN employees and Myanmar citizens holding laissez-passer, foreign staff at the foreign development agencies and state/citizen-owned international airlines.
When providing services related to the trading of foreign currency for the organizations and entities exempted, AD license holding banks are to provide service only after processing Know Your Customer (KYC) and Customer Due Diligence (CDD) upon receiving related documents to confirm the organizations and entities exempted from the forced foreign currency conversion. Moreover, banks are also instructed to submit reports of the activities to the Central Bank of Myanmar.
The order of forced conversion of foreign currency earned has stirred criticism and some observers link this order to fuel shortage.
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