Aya Bank’s MPU-JCB Card

AYA (Ayeyarwady) Bank Launched “AYA Universal MPU-JCB Co-Brand Card, in collaboration with Japanese JCB International (JCBI) and Myanmar Payment Union (MPU). It is first JCB card in Myanmar. It has four different kinds of products and aims to boost the cashless transition in Myanmar. Card can be used within MPU’s network in Myanmar and JCB’s network over 190 countries and territories.

Myanmar Tourism Bank to Waiting for Green Light

According to Ministry of Hotels and Tourism, they cannot tell when “Myanmar Tourism Bank “ going to open because have not got license to open. But currently, official from Ministry of Hotels and Tourism (MOHT) are discussing, negotiating with Central Bank of Myanmar to start up the bank as soon as possible.

First Foreign Retailer in Myanmar

Japan based retail Aeon become the first foreign retailer under the joint venture between Creation Myanmar and Aeon. The company is going to open its first outlet before the end of 2016. Aeon has been operating a microfinance business in Myanmar since 2013.

Telenor Internship Program

Telenor, with the cooperation of several universities, offers internship program which students can get an inside view of an industry and organization/company as well as gain knowledge related to their study field. Telenor’s internship program will kick off in October and it will last between one month to three months. Students completing their final year of study in Hmawbi Technological University, West Yangon Technological University, Than Lyin Technological University, and National Management Degree College can apply to join the program.

6.8-magnitude earthquake strikes Myanmar

An earthquake of 6.8 magnitude struck central Myanmar on Wednesday, U.S. Geological Survey (USGS) said, shaking buildings across the country and the region. The quake struck 143 km (88 miles) west of the city of Meiktila at a depth of 84 km (52 miles). At least 185 brick pagodas in Bagan were damaged, the state newspaper reported. Police officer Htay Win in Pakokku, about 70 kilometers from the epicenter, said one person there had been killed and one injured. “The person was killed by falling bricks from a building,” he says. Ministry of Social Welfare, Relief and Resettlement reported two other deaths in nearby Thitapwe village.