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MI Activity

UnionPay Myanmar is celebrating the launch of their official Facebook page as well as the launch of an educational commercial video

11 October 2018

UnionPay Myanmar is celebrating the launch of their official Facebook page in order to update information about UnionPay's present and future services and plan for the customers, as well as the lunch of an educational commercial video that highlights UnionPaVs, new “Quick Pass” payment feature and includes local model actress and beauty pageant holder, Moe Set wine. “Quick Pass”, a contactless smart card features that allows card users to make safer and more secure payments at various UnionPay accepting merchants, is not yet available in Myanmar, however, will be in the future. For updates of this, everyone can check out and follow the newly launched UnionPay Facebo

14 November 2018

An innovative new project, named Shwe Lan was introduced by Thura Swiss, Seedstars and the DaNa Facility, a UK Government Department for International Development (DFID) funded programme. The Shwe Lan project with an investment of over 1.9 million is planning to transform lending to Micro, Small and Medium Size Enterprises (MSMEs) in Myanmar.

Shwe Lan will provide supply chain financing to Micro, Small and Medium Size Enterprises in Myanmar with two major areas of business. One is to provide MSMEs with access to finance by introducing a “merchant financing” product, targeting MSMEs that act as distributors of some of the largest companies operating