Individual - Significant developments Myanmar beat Cambodia for Bronze in penalty shoot-outs. Mytel is a major telecommunications company in Myanmar (Burma), as one of four national carriers. [4] Mytel was granted an exemption from floor pricing rules and was allowed to discount its rates after its launch, unlike other competitors. In the new currency (introduced in 2012) long distance tickets are 200 kyat (~20 US cents). Mytel is operated as a joint venture between the Burmese military and Viettel, which is owned by Vietnam's Ministry of National Defence. In 2011, the cost of a ticket for a distance of 15 miles was two hundred kyats (~eighteen US cents), and that for over 15 miles was four hundred kyats (~37 US cents). [3] The first call made on the network was between Myanmar's Commander-in-Chief, Min Aung Hlaing, and Vietnam's Minister of Defence, Ngo Xuan Lich. 10% on gross Note: No tax is payable if total income under salaries does not exceed 4.8 million Myanmar kyats (MMK) a year. [1] Through its aggressive price-cutting strategy, Mytel was able to capture a market share of 4% (2.4 million subscribers) only two months after its launch. The Central Bank of Myanmar was established with the paid-up capital of 500 million Kyats and of which 200 million Kyats were fully paid-up by the State. In May 2019, a subcontractor of Mytel, Hsan Myo Aung Company, staged a protest in Pathein, over unpaid wages to 20 employees, valued at approximately 40 million kyats. 2021-02-10 11:48 UTC. Drugs worth over 20 million kyats were seized from two men in Sittwe Township, Arakan... Latest News. The Food & Drugs Adminstration (FDA)'s former Director General Dr Than Htut was sentenced by the Mandalay Region Court to four years in prison under Section 56 for corruption. 08 March 2016. The Central Bank of Myanmar was established with the paid-up capital of 500 million Kyats and of which 200 million Kyats were fully paid-up by the State. Sports. Khaing Zar, president of Industrial Workers’ Federation of Myanmar … The hours of service have been consistent over the years, from 3:45 am to 10:15 pm daily. Prices rose by thousands of kyats within a few hours, forcing the association to hold an emergency meeting to stabilise the prices. Two locals abducted by an armed group in Kyauktalone village, Moegok. [1] In June 2017, the government promulgated the Pricing and Tariff Regulatory Framework, including floor pricing rules for mobile fees, which was positioned to give Mytel a market advantage against lower-cost competitors like Ooredoo. [3], Mytel has been criticized for undermining the competitiveness of Myanmar's telecoms market and the military's reassertion of dominance over telecommunications, through its large-scale investments. The case started on 27 April, 2018 under anti-corruption laws and after a lengthy investigation, the court officially charged him with Section 56 and sentencing him on February 4. [6] Mytel has upgraded the Myanmar military's infrastructure, including the army's network of fibre-optic cables. [9], "Report Details Military Links of Major Myanmar Telco Firm", "Fourth telco MyTel to start selling SIM cards in March", "Vietnam carrier stuns rivals in Myanmar with half-price blitz", "Army-linked telco Mytel uproots villagers' plantations to lay fiber optic cables | Coconuts Yangon", "Launch of Army-Backed Mytel Draws Wary Welcome", "Rumors swirl of MyTel's Buddhist extremist links", "British banks under pressure over £45m loans to firm with links to Myanmar military", "Myanmar's Mytel Removes Shwedagon Cells Amid Unpaid Rent Claims", "Facebook removes network of fake accounts promoting military-backed telecom with $1.2m misinformation campaign", "Mytel linked to disinformation campaign | Myanmar Financial Services Monitor", "Facebook accuses telecoms groups of disinformation tactics", "Myanmar and Vietnam militaries launch MyTel mobile carrier", "We are calling for the Myanmar public to boycott Mytel, says Myanmar activist group", https://en.wikipedia.org/w/index.php?title=Mytel&oldid=1010002192, Telecommunications companies established in 2017, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 March 2021, at 09:48. [15][16] The report also noted the Burmese military's ability to harvest personal data from Mytel users for mass surveillance purposes. 11 April 2017. According with the new government, was formed on March30, 2011, Central Bank of Myanmar have to … Crime. Per Capita Investment 554,951 Kyats (2017-18) (End of March) Permitted Amount of Foreign Direct Investment 4,158.47 (Million US$) (2018-2019) Permitted Amount of Myanmar Citizens Investment 1,691,332.08 (Million Kyat) (2018-2019) Drugs worth 20 million kyats seized in Sittwe. [3] Mytel uses telecoms infrastructure owned by MECtel, a separate operator controlled by MEC. After its launch, a movement of Burmese netizens launched a viral campaign to boycott the military-backed carrier, over its decision to offer phone numbers that start with the digits 969, which are symbolic of Myanmar's anti-Muslim nationalist movement. Mytel has upgraded the Myanmar military's infrastructure, including the army's network of fibre-optic cables. Sports. Myanmar has ordered 30 million doses of the COVID-19 vaccine from the Serum Institute and paid US$75 million (100 billion kyats), half the amount of the order. [12][13] Facebook banned a Mytel-linked network of two dozen pages and accounts after uncovering that these pages had "started out on a very patriotic and nationalist tone" before shifting to content promoting the Mytel brand, or content criticizing Mytel rivals, Ooredoo Myanmar, MPT and Telenor Myanmar. ... Psychotropic drugs worth more than 2.5 million kyats seized in Tamwe township. [3] The company is operated as a joint venture, 49% owned by Viettel, which is controlled by the Vietnamese military, 28% owned by Star High Public Company, which is owned by the Burmese military's Myanmar Economic Corporation (MEC), and the remaining 23% owned by Myanmar National Telecom Holding Public Co Ltd, a consortium of local companies. © Copyright Central Statistical Organization All rights reserved, The virtual coordinating meeting on strengthening accurate and high-quality assurance trade statistics, Director-General of the Central Statistical Organization and his team attended the 10th Session of the ASEAN Community Statistical System Committee Meeting and the High-Level Forum on the ASEAN Community Statistical System, Ceremony of World Statistics Day â 2020, Permitted Amount of Foreign Direct Investment, Permitted Amount of Myanmar Citizens Investment, Forest Cover Status in Myanmar (2018-2019) (P), International Tourist Arrival, December 2019 (Number), Myanmar Micro, Small and Medium Enterprise Survey 2017, Household Income and Expenditure Survey Myanmar is a Southeast Asian country. More XE Commentary > XE Currency Tools. Myanmar is bordered by the Indian states of Mizoram, Manipur, Nagaland and Arunachal Pradesh and by the Chittagong division of Bangladesh in the northwest; by Tibet Autonomous Region and Yunnan province of China in the north and northeast; by Laos in the east and by …
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