Juliet Shwe Gaung

Correspondent, Myanmar
Email: jshwegaung@dealstreetasia.com

EME Myanmar, Nest Tech invest in HR services startup Mote Poh

The startup offers an exclusive rewards book for companies that can stretch their employees’ paychecks by hundreds of dollars a month.

GOJEK ropes in former National Research Foundation exec as Singapore GM

Lien Choong Luen will be responsible for GOJEK’s commercial operations and other business activities in Singapore.

Partners Group-backed PG Impact Investments closes debut fund at $210m

PG Impact Investments I targets social themes such as financial inclusion, affordable housing, energy access, agriculture/food, health and education.

People Digest: StanChart names SG global banking head; CBRE top-level changes

Standard Chartered Bank has announced the appointment of HSBC executive Chow Wan Thonh as the head of global banking in Singapore. 

Myanmar Digest: Katapult injects $150k in RecyGlo; Phandeeyar to back five startups

RecyGlo has received $150,000 investment from Norway’s Katapult Ocean accelerator.  Phandeeyar Accelerator will invest up to $125,000 in five tech startups.

Alibaba joins $33m Series B round of Germany’s KONUX

The company raised the first tranche of $20 million for its Series B round in April 2018.

HK fintech FinFabrik raises seed capital led by BitMEX Ventures

The proceeds of the latest investment round will allow FinFabrik to expand its technology platform and product base.

IFC mulls $100m debt package for Vietnamese tourism property developer

The loans will help finance BIM Land’s three new projects in Vietnam and Laos.

People Digest: Ooredoo Myanmar, Yoma Bank chiefs take on new roles

Vikram Sinha has been redesignated as advisor to the CEO of Indosat Ooredoo in Indonesia.

Yoma Strategic to buy 65% stake in restaurant chain operator YKKO for $12.6m

YKKO, which is popular for its ‘Kyay-Oh’ vermicelli and flat rice noodle-based dish, operates 37 outlets across the country.