By Juliet Shwe Gaung
Cambodia’s Wing Money and Mingalabar Holdings Pte Ltd have forged a joint venture for mobile financial services in Myanmar while Japan’s JFE waste-to-energy plant has been commissioned. Wing Money enters Myanmar though a JV with Mingalabar Holdings Pte Ltd Cambodia’s leading mobile banking service provider, Wing Money, has forayed into… Read more »
Southeast Asia-focussed SolarHome, a provider of solar energy for rural off-grid households, is looking at investing up to $25 million in Myanmar over the next five years, Phoo Pyae Pyae Soe, head of communications, said. It is currently targeting to raise and invest up to $1.5 million in Myanmar in 2018. SolarHome –… Read more »
IFC will also put in $20m debt in the project.
Singapore Myanmar Investco Limited will bring in 10 retail brands and F&B to Junction City; InfraCo Asia has signed MOU with the Magwe government.
This is the maiden investment by Dragon Capital in Myanmar.
Flymya.com is Yangon-based air ticket, hotel reservation and car rental platform.
Myanmar tech hub Phandeeyar has announced that four teams from its startup accelerator successfully completed an intensive six-months coaching programme and secured $25,000 as seed money in the form of a convertible note. The four startups are comic book app White Merak, freelancers’ platform Chate Sat, tour packages comparison portal… Read more »
As adoption rate for travel e-commerce is the fastest.
The debt is from May Bank’s Yangon branch.
New Hope Singapore is jointly making an initial investment of $10 million in the poultry sector of Myanmar.