There is a village of thatched wooden and bamboo huts just outside a Monywa in northern Myanmar where even the richest family has nothing more than a dirt floor and rickety TV set. One household has spent years of savings on a large red and black Sony stereo system, but other that these electronic luxuries, wealth is …
Continue reading The world’s last great mobile revolution is about to begin
When I first visited Myanmar in 2011, power cuts were frequent, ATMs were exasperatingly inaccessible for customers of non-domestic banks (forcing visitors to budget their entire trip ahead of time!) and SIM cards were, quite insanely, around the 500-dollar mark. At the time, Hillary Clinton was scheduled to arrive in the next two weeks, tasked …
Continue reading Myanmar 2 years on: Overseas banking and the telecom revolution
Justin Calderón 