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Myanmar's Kanbawza Bank starts accepting MasterCard payments cards at ATMs
Source: RetailTech Innovation Kanbawza Bank Limited (KBZ Bank), one of the largest banks in Myanmar, has started accepting MasterCard payments cards at ATMs throughout the country.The bank operates...
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Myanmar's automotive market to grow nearly 8pc in 2019
Source: Retail In Asia Myanmar's automotive market is likely to grow at a compound annual growth rate (CAGR) of 7.8 percent from 2013 to 2019, driven by a growing economy, infrastructure development...
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More ATMs, POS in Myanmar now accepting MasterCard
Source: RetailTech Innovation Just a week after MasterCard announced that Asia Green Development Bank Limited (AGDBank) began accepting MasterCard payments cards for cash withdrawals in Malaysia,...
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Myanmar Payment Union members starts accepting JCB cards
Source: RetailTech Innovation Myanmar Payment Union (MPU), the national payment network of the Republic of the Union of Myanmar, recently announced that its member banks have started accepting JCB...
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Taking Stock: Consumers, stores and people: Myanmar's retail triathlon
Source: Hypertrade When the Myanmar economy officially opened in 2013, it ushered in a new era in retail, promising a golden opportunity for consumerism.While the economy grew only 6.7 percent,...
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Myanmar’s first mobile POS solution launched
Source: RetailTech Innovation Payments provider 2C2P and Myanmar Citizens Bank recently launched Myanmar’s very first mobile point of sale (mPOS) solution, iACCEPT, in partnership with Myanmar Hotels...
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Gap opens Myanmar plant
Source: Bangkok Post Gap Inc has announced plans to produce clothing in Myanmar, the first American retailer to enter the market since the country began its transition to democracy three years...
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Gap to be 1st US retailer to enter Myanmar market
Source: CNBC Gap Inc. has announced plans to produce clothing in Myanmar, the first American retailer to enter the market since the Southeast Asian country began its transition to democracy three...
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Gap partners with USAID to support women in Burma
Source: Retail In Asia Gap Inc. is partnering with USAID to invest in social and economic growth of Burma (Myanmar) by providing opportunities for women. The move followed the announcement that it is...
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New payment solutions to support Myanmar's tourism sector
Source: RetailTech Innovation Southeast Asian payment solutions provider 2C2P and Myanmar’s online solutions provider Creative Web Studio are collaboration to deliver integrated payment solutions in...
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Myanmar's 1st KFC restaurant to open in 2015
Source: Jakarta Globe Yum Brands is partnering with Singapore-listed Yoma Strategic Holdings to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to...
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Citizen Card to facilitate online shopping in Myanmar
Source: RetailTech Innovation A citizen card launched by payment services provider 2C2P and Myanmar Citizens Bank is expected to support e-commerce in Myanmar.The reloadable prepaid card is accepted...
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Taking Stock: Myanmar fast gearing up for m-commerce, m-payment
Source: RetailTech Innovation Myanmar has been receivng a lot of attention in recent years, following the government’s move to start the process of opening up its economy. Today, even mobile commerce...
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Department store Parkson taps Vietnam experience for Myanmar push
Source: The Malaysian Insider Seven years after entering Vietnam, Southeast Asian department store owner Parkson Retail Asia Ltd is battling headwinds, but that isn't deterring it from expanding into...
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Krispy Kreme to Open 10 Shops in Myanmar
Source: Retail in Asia Krispy Kreme has signed a development agreement with Doughnut Group Pte. Limited, to open 10 Krispy Kreme shops in Myanmar over the next five years, the US doughnut chain said...
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