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MoneyGram Launches Money Transfer Send Service outside Myanmar
AUTHOR: TIN MG OO
New service marks Increasing Financial Openness with first sending service from Myanmar by MoneyGram.
MoneyGram and Myanmar Citizens Bank (MCB), are proud to announce an agreement to provide money transfer send services at every MCB bank location in Myanmar. Consumers will be able to send money from 42 branches to any MoneyGram location in more than 200 countries and territories worldwide.
In celebration of the new agreement, MoneyGram is offering a price promotion of 23,990 MMK to those who complete money transfer send services from Myanmar, and a chance to win a MoneyGram power bank. The current offer is valid until May 31st, 2019.
“For many years, Myanmar people have trusted MoneyGram when they need to receive money sent from family and friends living and working in other countries. Today, we are pleased to offer in Myanmar, a new, convenient service that allows them to send money to their loved ones abroad as well,” said Mr Sukesh Malliah, MoneyGram’s head of operations in Myanmar.
According to the World Bank, over $420 million in remittances were sent from Myanmar to foreign countries in 2017. Most of those funds went to Thailand, China, and the U.S.A.
MPT to Offer New Data Plans for International Travel
AUTHOR: SWE LEI MON MPT has announced special international data roaming rates for customers travelling to other countries. MPT customers can stay connected with friends and family while they are abroad with promotional prices offering up to 99% discount on standard tariff.
Yoma Strategic Acquires Majority Stake in YKKO
AUTHOR: ZIN THU TUN YOMA STRATEGIC HOLDINGS LTD. (“YOMA STRATEGIC”) HAS ACQUIRED A 65% STAKE IN YANKIN KYAY OH GROUP OF COMPANIES LIMITED (“YKKO”). YKKO WAS FOUNDED IN YANGON IN 1988 AND HAS SINCE GROWN TO BECOME ONE OF MYANMAR’S LARGEST RESTAURANT CHAINS WITH 37 OUTLETS IN YANGON, MANDALAY, NAY PYI TAW, BAGO AND MAWLAMYINE.
Yangon Bus App to Launch Within Three Months
Asia Starmar Transport Intelligent Co., Ltd is developing a mobile application called Yangon Bus, which will provide information of the entire bus system such as the location of a bus in real time, and expects to launch the new app in about three months.