BY SU MYAT MON | FRONTIER
YANGON — Fresh from news of the imminent end of United States economic sanctions, Microsoft is expanding its presence in Myanmar, inaugurating its first office in the country on Tuesday.
Myanmar is now the 18th company the software giant has a company headquarters in the Asia-Pacific region, following a tentative move into the local market last year.
At a Sedona Hotel meeting on Tuesday morning, Mr Sy Wann was announced the first Microsoft Myanmar country manager and will head up the office after three years as the local head of network equipment firm Cisco Systems Inc.
“I am very excited to be joining Microsoft in Myanmar when the country is undergoing rapid growth and modernisation across all sectors,” he said, adding that the company was committed to supporting education and economic development programs.
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Last September, Microsoft inked a deal with Kanbawza Group to overhaul IT systems at subsidiary KBZ Bank, Myanmar’s largest private bank by market share.
Two months later, a second agreement was signed with Shwe Taung Group, developers of Myanmar’s Junction mall outlets, to license software and upgrade the construction conglomerate’s network infrastructure.