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Ooredoo Showcases 5G Experiences in Partnership With ZTE Technology

By
Aye Chan
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On September 25, Ooredoo Myanmar and ZTE hosted an exciting event at Myanmar Plaza Yangon that showcased multiple real-life 5G experiences for the first time in Myanmar. The event was hosted in partnership with network and technology leader ZTE, a leading technology enabler in the country.

The demonstration showcased a range of 5G use-cases, including 5G speed, immersive Virtual Reality (VR) experience, as well as an innovative drone-based monitoring system, generating global interest and setting a new benchmark in Myanmar telecommunications. The live speed test at the event reached up to 1.75Gbps on Ooredoo Myanmar’s 5G network. This super-fast speed will be useful for multi-gigabit mobile connectivity, new user experiences on Augmented Reality (AR) and Virtual Reality (VR), High Definition Voice, Ultra High Definition Live Broadcast, 3D Videos, Emergency Services, automatic vehicles, Critical infrastructure monitoring, and more.

Around Inya Lake, Ooredoo Myanmar demonstrated the flying drone-based monitoring system, which was a highlight of the event. This drone is automatic and runs on Ooredoo’s 5G network, delivering simultaneous images and video recording while it flies. This intelligent autonomous drone is fitted with HD cameras and streaming capabilities, allowing it to support automatic delivery and remote inspection. It can also facilitate environmental measurements such as pollution, temperature and many more features which can benefit governments, businesses and communities.

“Ooredoo Myanmar’s progress towards 5G demonstrates our readiness to start a new wave of digital transformation across the society, industry and day-to-day lives in Myanmar. We are excited to provide our customers with new experiences and an exciting view into the future of Myanmar with 5G, in partnership with ZTE Corporation.” said Rajeev Sethi, CEO of Ooredoo Myanmar. Mei Zhonghua, SVP of ZTE Corporation said, “ZTE focus on leading 5G innovations, which will definitely empower Myanmar people in the future. In the development of the digital economy, this new-generation network infrastructure will play an important role.”

Proximity Designs Named to Fast Company’s Inaugural List of the 50 Best Workplaces for Innovators

By
Aye Chan
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Proximity Designs has been ranked among the world’s 50 Best Workplaces for Innovators by US-based business magazine, Fast Company. Proximity Designs, one of only two companies from Asia Pacific featured, joins a list of 50 winners that includes some of the world’s largest and most successful companies such as Amazon, Mozilla and Salesforce.

Fast Company’s 50 Best Workplaces for Innovators aims to identify and honor companies that are truly dedicated to encouraging innovation at all levels of the organization. Proximity Designs is an award-winning social business, launched in 2004 in Myanmar that designs and delivers affordable, income-boosting products that complement the entrepreneurial spirit of rural families.

“When you’re working to meet the needs of one of the most underserved markets in the world, innovation isn’t optional. Whether it’s finding groundbreaking ways to make products more affordable and in reach, or rapidly adapting to keep up with the changes brought-on by the country’s recent development, creative and innovative thinking is the key to having a chance at success,” says Jim Taylor, CEO and Co-founder of Proximity Designs.

Proximity takes an innovative approach in everything from research, where foundational studies such as Paddy to Plate – a groundbreaking study of the rice ecosystem in Myanmar – that inform the organization’s work, to product design which is conducted through a rapid process of iterative co-creation and prototyping. The company’s recent soil health testing service – $18 product that puts precise and personalized soil care advice within reach of thousands of Myanmar farmers for the first time – emerged from such a process.

Key to the organization’s creative muscle is its design lab, which houses a team of user-experience researchers, product and service designers, engineers and business designers. Proximity has also worked to foster an organization-wide culture of innovation through Proximity School, its in-house professional school that leads ongoing training in creative problem-solving for the whole company.

Pioneering Digital Technology in Recruitment Allows for Taking CVs on the Go

By
Aye Chan
-

JobNet.com.mm has successfully introduced the concept of a digitalized career fair to over 60+ companies and 10,000+ job seekers in Yangon at JobNATION 2019, a one-day event held at Novotel Yangon Max on September 21, 2019. This groundbreaking event started welcoming potential job seekers from 9:00AM and finished at 5:00PM.

During this first digitally driven career fair event held by JobNet.com.mm, not only Job Seekers but also the 60+ employers experienced Myanmar’s first Digital ID (QR Code) Scanning technology for better career advancement and a more efficient recruitment process. Job Seekers now can directly apply for the next step in their career with the Digital CV ID through the JobNet.com.mm platform. Just by quickly scanning employer’s company Digital ID, potential applicants will be directed the companies’ profiles with only one click, as well as be able to automatically share their Digital CV ID for the desired job positions at their fingertips. “I am blown away by the positive response the Job Seeker Profile is receiving,” said Matt De Luca, Managing Director of JobNet.

“We had tested and developed the product for some time now in the house, and I could not be more proud about how well received the new tools have become. Our pre-show engagement has been our best yet in terms of engagement for website visitors, and I’m so happy to see today all of the Digital ID information being exchanged, and careers progressing to higher heights” Matt concluded.

Along with utilizing the Digital CV ID Technology at today’s JobNATION 2019, professionals from respective specialized sectors such as technology, service provision, sales, human resources management, and capacity building had also added value to the event by the active participations at today’s seminars, workshops, and panel discussions. A full day’s agenda ensured that both active and passive professionals were able to gain something from the JobNATION event, taking away both the job offers in front of them and skills and wisdom to succeed in future endeavors.

By holding JobNATION bi-annually, www.JobNet.com.mm aims to help connect job seekers with employers and guiding future leaders to be able to find out more about professional skills they need to advance further.

Bosch’s New Office Located in the Heart of Yangon

By
Charlie Greene
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Bosch celebrates opening of its new office in Yangon, MyanmarBosch, a leading global supplier of technology and services, marks a significant milestone in Myanmar on August 28 as it celebrates the grand opening of its new office in Yangon.

Peter Tyroller, Member of the Board of Management, Robert Bosch GmbH, Martin Hayes, President of Bosch Southeast Asia, together with Jacob Seet, General Manager of Bosch Myanmar, welcomed government officials, business partners, and special guests to the inauguration of the new premise.

“Today is an important day for us here in Myanmar. As one of the early investors in this country, we strongly believe in Myanmar’s potential. As we welcome you to this new, modern and creative space, we recognise the achievements of our local team and the support of our partners for driving Bosch’s current and future success in this high-growth market,” said Peter Tyroller.

“Every day, we are working hard to fulfill Bosch promise of reliable, innovative and quality products. Today marks the beginning of the next chapter for Bosch in Myanmar. New industry developments in automation such as Industry 4.0 implementations are just about to get started in the country. We look forward to supporting Myanmar as it builds smart cities and moves further ahead in its economic transformation,” Jacob Seet said.

At the interactive Bosch experience centre, customers can get hands-on experience for products such as power tools, automotive aftermarket components, fire alarm systems, and CCTV systems with intelligent video analytics. Bosch’s on-site teams of consultants are ready to understand customers’ requirements and recommend the best solutions. Bosch’s creative spirit also shines at the new Yangon office as it features graffiti art by Myanmar famous street artist Bart (Kyaw Moe Khaing), modern office facilities, engaging communal spaces, and private meeting rooms equipped with the latest connectivity solutions. Bosch’s new Myanmar representative office occupies the ground floor of the Mimosa Building in Bahan Township.

“Standardisation” Is Raised as a Subject in Steel Industry by Myanmar Steel Association

By
Aye Chan
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Myanmar Steel Association (MSA) organised a seminar on “Towards the Sustainable Iron and Steel Industry in Myanmar: Opportunities and Challenges” on August 29 in Hilton Hotel, Nay Pyi Taw with the support and guidance of the Ministry of Industry.

Sit Taing Aung, Chairman of MSA said that “Steel consumption is one of the economy growth indexes to measure the development of a country. As the domestic steel consumption of 2.1 million tonnes in 2017 has increased to 2.4 million tonnes in 2018, the projection for our country’s steel market demand will rise to about three million tonnes by next year and continue to surge to about five million tonnes in 2025 with 8 percent of the annual growth rate. Standardisation is very important only with which it will assure the guarantee for the consumers, and create a level playing field for the local manufacturers. It will also prevent inconsistent quality import products from flocking into the local market from various countries, which will be a massive threat for safety when constructing infrastructure projects for the public to use.”

However, under the current circumstances, Myanmar relies heavily on imports rather than local production as only 10 percent of the consumption is produced locally and the rest 90 percent is imported. During the seminar, the first paper “A Technical Overview of Iron and Steel Making Processes Available for Myanmar” was submitted by Win Kyaw, a senior adviser of MSA and he discussed the pros and cons of steel making processes available for Myanmar, opportunities for local steel market, market overview of neighbouring countries etc.

The second paper “Strategic Environmental Assessment” was read by Maung Maung Than, Retired Director of Forest Department and he highlighted the benefits of SEA and how and why the SEA should be conducted to reduce the impact on society and environment. The third paper was thoroughly discussed by Xu Qungue, Engineer Professor of WISDEI Engineering and Research Inc. Ltd on the topic “Role of China’s Expertise in Regional Iron and Steel Development: An Overview”. Professor Dr. Kay Thi Lwin, Chairman of Myanmar Iron and Steel Industry Association (MISA) discussed on “Development of Myanmar Standards for Steel Products” and urged to set local steel standards.

100 Years Success With Electrolux, Sweden’s Household Appliance

By
Aye Chan
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Electrolux, one of the world’s leading household appliances from Sweden, celebrated its milestone of “100 years of bonding through sustainable innovation” with the presentation showing evolution history of its successful elegant and modish household brands of premium quality as well as the expansion into Myanmar market at Sule Shangrila on September 17.

Established in 1919, Electrolux successfully continues 100 years through sustainable innovation and step to expand the business into Southeast Asia market, extending in Myanmar by partner with MEDG Groups Co., Ltd professional distribution company to ensure all channel partners and consumer are satisfied with product and service quality. Electrolux in Southeast Asia market has high potential for continuous growth in the upcoming 3 to 5 years and Myanmar is one of the main strategic markets.

Electrolux distributes the products with core brand value as in “Taste Care”, “Fabric Care” and “Well-being”. Apart from that, innovation, timeless design and environmental friendliness product, distribution is a fundamental channel which is available at distributors, modern trade, hypermarket, leading real estate project and e-commerce.

Under “Taste Care”, Electrolux provides cooktops, ovens, ranks, warmer drawers, microwaves and refrigerators not only for delicious taste and texture but also to maintain healthy meal. With the “Fabric care”, the technology caters to the lifestyles of customers by saving their valuable time to do more of the things they love, live last longer to your favorite clothes and ensure always looking for the best even with the hardiest synthetics and finest hand-made garments.

Electrolux, on the other hand, reported a 66% reduction in CO2 emissions from its operation achieving its climate targets. Celebrating “100 years of bonding through sustainable innovation”, Electrolux launches a campaign to appreciate the loyal customers, who purchase 100,000 Kyats will get a coupon to win over 100 prizes from Electrolux. The lucky draw program started on September 17, 2019 and until December 25, 2019.

Wave Money and Yoma Bank Team Up to Boost the Development of Wave Money’s Agents and Distributors

By
Aye Chan
-

Wave Money, the leading provider of mobile financial services in Myanmar, has collaborated with Yoma Bank to boost the development of micro, small and medium enterprises (MSMEs). Through this collaboration, Yoma Bank provides unsecured, instant credit to Wave Money agents to help these agents operate their businesses more productively.

According to Ministry of MSME statistics, there are over 70,000 registered MSME enterprises across Myanmar. “MSMEs are key players in the country’s economic development. We believe that helping them scale is essential for boosting the country’s overall economic growth. We hope that this program will help grow not just these businesses, but the entire MSME sector and the broader economy,” said Brad Jones, CEO of Wave Money.“Yoma Bank initiated the ‘Smart Credit’ loan program for Wave Money agents in November 2018. Since then, we have witnessed strong demand for these loans, thanks to the fast and convenient application process, as well as the effectiveness of credit in helping the agents’ businesses grow, “Jones added.

Wave Money’s distributors and agents apply for the loan through Yoma Bank’s online application, and the loan is disbursed to the agent’s Yoma Bank account within one business day. The loan amount is based on the agents’ Wave Money transaction volume. The maximum eligible loan amount increases as agents conduct higher volumes of monthly transactions, and as they repay prior Yoma Bank loans on time. Since November 2018, over 50% of Wave Money’s distributors and over 20% of agents have taken a loan from Yoma Bank through this partnership.

“We collaborated with Wave Money as the first business partner for our Smart Credit program. We have been thrilled with the program’s success, having dispersed over 40 billion Kyats to over 8,000 Wave Agents since November 2018,” said Jason Loughnane, Yoma Bank’s Head of Digital Credit. Agents learn about the loan program through various channels – SMS messages, phone calls, and in-person visits from Wave Money employees. Agents must clear a low monthly hurdle of transaction volume to continue to remain eligible for a Yoma Bank loan, so inactive agents lose access to the credit program.

KBZPay Customers Can Now Pay YCDC Bills

By
Aye Chan
-

KBZPay has developed a new feature for its customers which will ease out the various payments to Yangon City Development Committee (YCDC). This new function, now available in the latest version of the KBZPay app, was launched following a contract signing with YCDC on September 6, 2019 and with the support of Yangon Regional Government, making it the first mobile wallet in Myanmar to offer such payment services. KBZPay customers in Yangon can now make payments for land rental fees, land tax, goods tax, utilities, kitchen waste as well as commercial and hospital waste using their mobile wallet.

Soe Ko Ko, Head of Agent Banking, KBZPay, says, “KBZPay strives to empower people with access to everyday financial services and over the past year, we have seen more customers utilise their mobile wallets for quick and hassle-free bill payments. The new YCDC Bills function gives customers flexibility and the assurance of safe, secure payments for YCDC bills and adds to our QuickPay function which allows payments to over 90 companies, organisations and universities. With billing and payment among YCDC’s most frequent and important touchpoints, we are glad to support them with the improvement of the customer experience.”

As YCDC bills are regular payment requirements for landowners, households and companies, KBZPay has now made the payment process faster, smarter and simpler. YCDC’s collaboration with KBZPay reflects their recognition of cashless payment as the way forward to streamline operations, improve efficiency and more importantly, to increase the volume of bill payment collections. The launch of the YCDC Bills function to support YCDC bill payments comes after guidelines were released in June by the Advanced Education Department of the Ministry of Education, advising universities and colleges to accept payments of school fees using KBZPay. In recent months, KBZPay has also expanded the list of companies that payments can be made to including MMBusTicket, Fortune Broadband, BMF Microfinance, and iMyanmarHouse.com.

Myanmar Healthcare Sector Appeals to Private- Public Partnership

By
Aye Chan
-

According to the interview of Dr. San San Yi, Chairman of Okkar Thiri with Oxford Business Group, the opportunities for investment in Myanmar’s health care sector in terms of public-private partnership are discussed as well as the improvements that have led to more patients being diagnosed and treated locally.

Dr. San San Yi told OBG that the number of private hospitals operating in Myanmar was on course to rise from single digits in the 1980s to 250 by 2020. “Foreign investors are rushing into the medical sector because this is the ‘sunrise’ sector,” she said, “and public-private partnership is the area to explore.”

The comments from Dr San San Yi come against a backdrop of renewed investor interest in Myanmar as the country continues to open up several areas of the economy to the outside world. Dr San San Yi explained that the arrival of key international names in the sector had generated important upgrades in the country’s private hospitals, with high-quality equipment, such as linear accelerators, now installed in Yangon and elsewhere in Myanmar. “The number of people who are going abroad to be treated or to get a diagnosis is becoming less and less every year because the facilities are improving in this country,” she said. Against this backdrop, doctors are returning from abroad, Dr San San Yi noted, which should help to reduce waiting times.

OBG remarks during an interview that “Dr. San San Yi highlights the need for more private hospitals and medical staff, while also reminding viewers of the country’s plans to launch a health insurance system for its citizens. Her observations will undoubtedly be of interest to investors eyeing the many opportunities in Myanmar’s health care sector.”

METRO Wholesale Myanmar to Receive HACCP Certification

By
Aye Chan
-

METRO Wholesale Myanmar has received a Hazard Analysis and Critical Control Point (HACCP) Certification after going through a rigorous audit process for two days in August, 2019. Jens Michel, CEO of METRO Wholesale Myanmar explained “Improving the quality of lives for the people of Myanmar is at the core of METRO Wholesale Myanmar. Since we started this journey in 2017, followed by the official market entry in March this year, food safety has always been our first priority and we are so proud to announce that we are the first HACCP certified international wholesaler in Myanmar. HACCP is an internationally accepted food safety system and by attaining this certification, it is a stamp of credibility on our commitment to food safety and our efforts in delivering high quality standard products for our customers.”

METRO Wholesale Myanmar went through an auditing process from Myanmar Bureau Veritas Ltd., a subsidiary of a French-based global leading certification agency. There were two steps of HACCP certification process that the company had to go through in late August. After passing the initial audit step, the auditor checked each of the facilities and supply chain management of METRO warehouse in Thilawa SEZ.

As a foreign direct investment wholesale company in Myanmar, METRO Wholesale Myanmar is working on to source 75% of its resources locally. In 2018, The METRO Wholesale Myanmar QA department facilitated basic training on HACCP and GMP (Good manufacturing practices) to their seafood supplier and Chicken processing plant. Simultaneously by the end of 2018, the company has initiated Good Agricultural Practices (G.A.P) trainings to their 200 fruits and vegetables farmers and potential suppliers in Aung Ban, Shan State and Pwint Phyu, Magwe Division. Out of the 200 farmers who received GAP trainings, 62 farmers have been awarded Myanmar’s Good Agricultural Practice (GAP) certifications from the Department of Agriculture, Ministry of Agriculture, Livestock and Irrigation (MoALI).

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