TODAY BUSINESS NEWS IN BRIEF

TODAY BUSINESS NEWS IN BRIEF

October 11
15:14 2016

ZTE Corporation – Ready to Empower Myanmar E-government Initiative

ZTE Corporation (ZTE), as the world’s leading telecommunication G&E (Government and Enterprise) solution provider, participated as the “Gold Sponsor” in E-Government conference and ICT exhibition which were held on October 7th & 8th at Nay Pyi Taw MICC-2.

During the exhibition, ZTE experts presented integrated E-government solution including: National Data Center, Public Safety Solution and E-office Solutions while showcasing its global experiences and successfully deployed solutions. The delegates led by Vice president U Henry Van Thio and other government officers firstly visited ZTE’s exhibition stand, and had great conversation with Mr. Li RuiYang (CEO of ZTE Myanmar) and expert team from HQ. Union Minister for Transport and Communication U Thant Sin Maung had deep conversation with ZTE regarding the national data center and other relevant E-government solutions.

In Myanmar, ZTE has already facilitated major mobile operators to establish advanced mobile networks. With more than 15 years of local service experience, and more than a decade of global E-Government R&D experience, ZTE is dedicated to helping boost efficiency of Myanmar Government, enhance public life and increase GDP of Myanmar while helping in E-government led initiative and digital transformation.

Ref: GNLM, 11 October 2016

MNA kicks off   Yangon – Gaya Flight

Myanmar National Airline (MNA) is reported to launch its first destination flying from Yangon to Gaya, India with Boeing 737 on 8th October, with 164 passengers on board.

MNA introduced its new destination to facilitate the transportation for the local pilgrims visiting Bodh Gaya, where Gotama Buddha achieved enlightenment. Bodh Gaya is considered the holiest place in the world for followers of the Buddhist faith. The Mahabodhi Temple Complex in the Gaya district in the Indian state of Bihar is famous pilgrimage destination. During the 2016-2017 pilgrimage period, MNA will run Yangon – Gaya flights on Saturday. There are plans to also fly on Tuesday in November, December and January. MNA flies to 27 destinations across Myanmar and also to Hong Kong, Bangkok and Singapore.

MNA will soon begin flights to Chiang Mai, Thailand and will increase the frequency of evening flights to Singapore.

Ref: GNLM, 11 October 2016

KBZ to help boost investment in Myanmar with office in Singapore

KANBAWZA bank also known as KBZ Bank, opened a representative office in Singapore on 6th October, its second overseas branch office following the launch of an office in Thailand.

KBZ received permission to open the representative office in Singapore from the city state’s Monetary Authority of Singapore on 15 July for its achievements in banking sector and corporate governance.

With more than 420 bank branches and more than 17,000 employees, KBZ provides banking services nationwide and topped the list of largest taxpayers for four executive years in Myanmar.

Since 2007, the bank’s Brighter Future Myanmar Foundation has spent more than US$109million on philanthropic works, including disaster preparedness, resettlement and rehabilitation.

Ref: GNLM, 11 October 2016

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