Myanmar digital content provider BiT raises seven-digit sum led by UMJ Ikeya


The investment is like a bridge round before the company approaches investors for its Series B over the next six to eight months.

Hong Kong’s HGC buys majority stake in Myanmar’s Golden TMH Telecom

The deal paves the way for HGC to provide end-to-end solutions to local and overseas corporations and operators in Myanmar.

Greater Mekong-focused Belt Road Capital to deploy $50m debut fund in 10 deals

BRCM has so far announced three investments since January 2018 and has just completed its fourth undisclosed deal in the technology sector.

Yoma Bank to extend $11.5m debt to back Myanmar’s Pact Global’s MFI operations

The local currency denominated loan is the seventh such deal that Yoma Bank has entered into with MFI players in Myanmar.

Premium Distribution, Trust Venture ink JV to acquire Myanmar PAT’s business

The new joint venture will acquire PAT, which sells organic vegetables under the brand name, UniVege.

Myanmar’s anticipating the Western investment that never came

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.