Myanmar’s anticipating the Western investment that never came

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As SE Asia’s fastest-growing economy began the transition from five decades of military rule to democracy with the swearing in of the first popularly-elected government in March 2016, western investors adopted a wait-and-see approach.

IFC eyes opportunities in finance, agri as investments near $1.3b in Myanmar

Telecom, energy and tourism sectors have been the biggest beneficiaries.


SG Digest: Quest puts $404K more in Eatsy; Kolao to invest $10m in Myanmar plant

The dining app received its initial round of funding of S$30,000 from Quest Ventures and Enterprise Singapore.


AIM-listed MySQUAR acquires MyPAY Myanmar, raises $2.9m to fund deal

The acquisition of MyPay Myanmar will enable MySQUAR to be a leading directly regulated mobile payments facility for remittances.


Myanmar’s Delta Capital hits final close of second fund at about $70m, falls short of $100m target

Combining with its Fund II, Delta Capital’s total assets under management has reached close to $120 million.


Military-backed Mytel becomes fourth telecom operator to launch services in Myanmar

Telecom International Myanmar Company Limited, the company behind Mytel, is a joint venture between Myanmar government-owned Star High Public Co Ltd, a consortium comprising 11 Myanmar companies, and Vietnamese telecom company Viettel. 


LSE-listed Myanmar Strategic to tap cash management business with EXERA deal

MSH seeks to expand its businesses in the education, hospitality and security sectors both organically and by way of acquisitions.


Singapore Myanmar Investco to sell tower infra firm for $10.8m

Post the deal, SMI will  focus on duty-free and retail businesses in Myanmar.


Asia Digest: Myanmar Strategic raises $3.07m; Funding Societies, UOB Malaysia pact

Myanmar Strategic Holdings Ltd has raised $3.07 million through the issue of new ordinary shares to expand its existing operations.


SGX-listed Memories Group acquires Kayah Resort in Myanmar for $2.9m

This will be its second acquisition since its listing on the Singapore exchange in January