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Tag: Myanmar

Posted on May 19, 2020

Alibaba fintech arm invests $73m in Myanmar’s Digital Money

Ant Financial Services Group, which is under the umbrella of Chinese e-commerce giant Alibaba Group Holding, will bring its Alipay technologies and business expertise to Myanmar, where the digital …

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Posted on May 19, 2020

Myanmar police seize largest haul of synthetic drugs

The suspects told police most of the drugs were destined for sale within Myanmar and in neighbouring countries, Colonel Zaw Lin of Myanmar’s counter-narcotics agency told Reuters news agency. More …

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Posted on May 18, 2020

BRIEF-Yoma Strategic Says Digital Money Myanmar & Ant Financial Sign A Strategic Partnership

DIGITAL MONEY MYANMAR & ANT FINANCIAL SERVICES GROUP ANNOUNCE A STRATEGIC PARTNERSHIP * AS PART OF PARTNERSHIP, ANT GROUP PLANS T …

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Posted on May 18, 2020

Huge Fentanyl Haul Seized in Myanmar in Asia’s Biggest-ever Drugs Bust

The seizure of the fentanyl derivative was part of Asia’s biggest-ever interception of illicit drugs, precursors and drug-making equipment, including 193 million methamphetamine tablets known as yaba.

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Posted on May 18, 2020

UK urges Myanmar military to extend cease-fire, citing virus

The United Kingdom is urging Myanmar’s military to extend its recently announced cease-fire to include the escalating conflict in northern Rakhine and Chin states where civilians are suffering a heavy …

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Posted on May 18, 2020

Canadian pastor charged in Myanmar for defying COVID-19 restriction on gatherings

David Lah said devout Christians could not get the coronavirus, then he got it himself. Now the Canadian who has been in Myanmar since at least February faces jail time for holding public sermons in …

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Posted on May 18, 2020

Ant Financial injects $73.5 million into Myanmar’s Wave Money

Ant Financial is to pour $73.5 million into mobile financial services provider Wave Money as part of an initiative to promote financial inclusion for the unbanked in Myanmar.

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Posted on May 18, 2020

Key Considerations: COVID-19 in the Context of Conflict and Displacement – Myanmar

Myanmar faces COVID-19 alongside serious humanitarian and health system vulnerabilities. The country has a range of conflicts and non-state actors who must be factored into a public health response.

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Posted on May 18, 2020

12 insurgents handed over by Myanmar test corona negative in Manipur

Twelve of the 22 insurgents handed over by Myanmar to India on Friday tested negative for coronavirus in Manipur on Sunday, officials said. Manipur Health and Family Welfare Department’s Additional …

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Posted on May 18, 2020

Yoma Strategic’s mobile payments joint venture in Myanmar ties up with Alipay operator

SINGAPORE (THE BUSINESS TIMES) – Alipay operator Ant Financial Services Group will invest $73.5 million in Digital Money Myanmar (Wave Money) – a mobile payments joint venture (JV) between Telenor …

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