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Myanmar: Burst Networks to raise up to $12m for data center, network facilities

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Burst Networks is raising $12 million to be the fist in the country to company Tier IV specification.

Bus booking platform Star Ticket raises $200K series A from Myanmar BOD Tech

BOD Tech has also invested in a number of companies including Flymya.com, inmya.com, shopmyar.com, yangond2d.com, laundry.com.mm and onemya.com. Their latest investment is in food delivery start-up, Door2Door.


Exclusive: Dutch firm De Heus invests $11m in Myanmar animal feed operations

The Netherlands-based De Heus, a global leader in the animal feed business, has invested euro 10 million ($11.2 million) in a greenfield production facility in frontier market Myanmar.


Myanmar: Need to find investment opportunities for available capital, says YGA Capital’s Thura Ko Ko

“In Myanmar, it is very difficult to try and pin-point exactly what it is you will do. You need to be flexible because you don’t know when the next opportunity will come. Some opportunities may appear attractive but when you get closer to the details, you may find that there are many issues.”


Anthem Asia invests in Burmese restaurant Rangoon Tea House

The deal marks Anthem Asia’s ninth investment in Myanmar. The investment firm will pick a “significant minority stake” in the restaurant firm as part of the transaction. With this investment, Rangoon Tea House intends to expand its operations as well as develop new concepts and brands.


Myanmar B2B trading platform Bagan Hub plans to raise fresh funding

Myanmar’s e-commerce business is becoming attractive after foreign telecom operators entered the country in 2014. German start-up Rocket Internet also entered the Myanmar though shop.com.mm and kaymu.com.mm.


IFC to double its investment portfolio to $600m by end of 2016 in Myanmar

IFC, the private lending arm of the World Bank, plans to set up an accumulated portfolio of about $600 million by the end of 2016, doubling its current amount of $386 million, said Vikram Kumar, country manager of the IFC in Myanmar.


Myanmar govt mulls sops to develop capital, bond markets

The Myanmar government is looking at deepening its capital and bond markets following the opening of the Yangon Stock Exchange this year.


Myanmar: MySQUAR launches games, looks into a broader payment services

MySQUAR, Myanmar focused social media and entertainment and payments platform in local language has expanded its ops with the launch of two new games and plans to tap the e-payments and remittance market soon. The company also plans to launch additional games.  The AIM-listed MySQUAR Ltd launched Myanmar-language games -Hawk… Read more »


Exclusive: IFC to extend $6.5m debt to Bel Ga’s poultry project in Myanmar

The newly established company will be 99.9 percent owned by BDH Azier B.V, a private joint venture between Belgabroed, a leading hatchery of day-old-chicks in Belgium and De Heus Animal Nutrition, the world’s 15th largest animal feed producer from Netherlands.