Myanmar Digest: Wing Money enters Myanmar via JV; Japan’s JFE power plant operational


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 »

Forum Capital-backed SolarHome to invest $25m in Myanmar over five years

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 to inject $15m equity into Myanmar’s Shwe Taung Cement project

IFC will also put in $20m debt in the project.

Myanmar Digest: Singapore’s SMI retail venture; InfraCo Asia signs MOU

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.

Vietnam’s Dragon Capital inks microfinance JV with Myanmar’s Loi Hein Group

This is the maiden investment by Dragon Capital in Myanmar.

Myanmar: Flymya acquires UK travel reservation developer SWITCH.CM for $600K is Yangon-based air ticket, hotel reservation and car rental platform.

Startups from Myanmar accelerator Phandeeyar secure funds

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 »

Myanmar investor BOD Tech bets on online travel, to invest in 3 startups in 2017

As adoption rate for travel e-commerce is the fastest.

Myanmar MFI Hayman Capital secures $1m debt from May Bank

The debt is from May Bank’s Yangon branch.

Myanmar New Hope to put $10 m for hatchery and breeder farm in Bago

New Hope Singapore is jointly making an initial investment of $10 million in the poultry sector of Myanmar.