SINCE MYANMAR’S mobile-device penetration has improved from 86.2 per cent last year to 104.62 per cent, cooperation among all stakeholders needs to be intensified, according to the third “Myanmar Infrastructure Summit” held last week.
Foreign firms increase their expansion efforts amid keen and rising competition
As the nation’s fourth telecom operator – Myanmar National Tele & Communications – prepares for its entry into the market, foreign-owned telcos have intensified their efforts to expand network and services.
Border trade through Muse cross-border trade center between Myanmar and China has dropped by more than US$ 430 million this fiscal year till now when compared with the last year’s amount, according to official figures from the Ministry of Commerce.
Myanmar trades with China mostly through Muse and the border trade volume through the cross-border trade center has reached US$ 4.71 billion till March 17 this fiscal year.