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.

Asean Digest: YITU’s Singapore R&D centre; Yoma, Oracle, Phandeeyar hackathon

The R&D Centre is YITU’s first in Southeast Asia and plays an important role in supporting its growth in Singapore and the region.

Myanmar MFI Hayman Capital raises $2m debt from Swiss Symbiotics SA

The proceeds of the financing will be used to serve an additional 15,000 new clients.

Yoma Bank offers $1.46m loan to Myanmar MFI Mahar Bawga Finance

The semi collateralized funding is the first such for Yoma Bank.

Retail major City Mart partners Sandanila to invest in food SMEs in Myanmar

The City Invest Fund will target to invest between $50,000 and $250,000 each in the SMEs,

Trust Venture Partners acquires Myanmar Institute of Business

This is the third acquisition from TVP in the education sector.

Grab to launch shuttle bus services in Yangon this year

‘GrabShuttle’ is among the four new services that Grab plans to introduce in 2019 in Myanmar.

Myanmar’s Trust Venture picks majority in career advisory firm ‘Live the Dream’

TVP plans to make more education investments in 2019, and some of them could be through its investment arm Yangon Capital Partners.

Yoma Strategic to raise $70m via Thai-denominated bonds

“The bond offering has allowed us to diversify our sources of funding and tap Thailand’s strong domestic liquidity,” said Melvyn Pun, CEO, Yoma Strategic.

Myanmar: China’s CITIC Construction, MAPCO to establish $500m agri venture

MAPCO and CITIC have undergone advanced talks in forming a rice sector-focused entity, Myanmar China Rice Industry (MCRI)