Swiss startup enabler Seedstars raising capital for Myanmar operations

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Seedstars is planning to establish an entity in Myanmar together with a possible investor.

Yangon social enterprise Proximity Designs in $5.38m funding pact with Yoma Bank

The local agreement will allow Proximity Designs to fully hedge U.S. dollar funding attracted from overseas.


Vulpes Investment backs Myanmar search tech firm Bindez

Bindez has previously raised seed and angel investments from international investors including 500 Startups.


Myanmar: MCM to invest $96.92m in offshore supply base, scouts for foreign partners

Construction is expected to take about two years.


Telenor, Yoma JV Wave Money looks to expand digital payments in Myanmar

Wave Money has been running experiments in digital payments for the time being.


Ride hailing firm Grab commits $100m to expand in Myanmar

Both Grab and Uber launched services in Yangon earlier this year seeking growth in the market


Myanmar Strategic Holdings plans to raise over $4m with LSE debut next week

MSH’s market capitalisation will be about $23 million.


Myanmar approves $184m mixed-use realty development in Bago region

Hantharwady Development Public Co Ltd is chaired by Than Tun and has over 500 shareholders.


Myanmar okays investments from Singapore’s Japfa, Korea’s CJ Feed in farm sector

To boost the growth of Myanmar’s farm sector, Singapore-based Japfa Comfeed Myanmar has secured approval to invest $7.07 million in the poultry breeder farm and hatchery business, while Korea’s CJ Feed was given the green light to invest $16.7 million in Yangon region. Japfa to invest $7.07m in breeder farm,… Read more »


Myanmar’s jade expo mops up $612m in sales, lower than last year

The gems emporium touched its recent peak sales of 900 million euros in 2015.