Military-backed Mytel becomes fourth telecom operator to launch services in Myanmar


Telecom International Myanmar Company Limited, the company behind Mytel, is a joint venture between Myanmar government-owned Star High Public Co Ltd, a consortium comprising 11 Myanmar companies, and Vietnamese telecom company Viettel. 

LSE-listed Myanmar Strategic to tap cash management business with EXERA deal

MSH seeks to expand its businesses in the education, hospitality and security sectors both organically and by way of acquisitions.

Singapore Myanmar Investco to sell tower infra firm for $10.8m

Post the deal, SMI will  focus on duty-free and retail businesses in Myanmar.

Asia Digest: Myanmar Strategic raises $3.07m; Funding Societies, UOB Malaysia pact

Myanmar Strategic Holdings Ltd has raised $3.07 million through the issue of new ordinary shares to expand its existing operations.

SGX-listed Memories Group acquires Kayah Resort in Myanmar for $2.9m

This will be its second acquisition since its listing on the Singapore exchange in January

US govt agency OPIC offers $10m financing to Myanmar’s Early Dawn Microfinance

The financing will help improve access to microfinance for people in Myanmar so they can start new businesses or invest in farming.

LSE-listed Myanmar Strategic Holdings buys security firm EXERA for $2.2m

Apart from security services, EXERA also seeks to develop cash management capabilities across Myanmar.

Myanmar rolls out $2.29b mega city development projects, invites investor interest

The companies engaged are KoreaLand, Myanmar’s Alliance Star and Shwe Taung Company.

Advans Myanmar inks funding deals worth $1.44m with Yoma Bank

Advans Myanmar, an MFI backed by Luxembourg-headquartered Advans Group, will use the funds to expand its operations.

Pernod Ricard forms Myanmar JV with Yoma Strategic, Delta Capital

The French company will hold a majority stake in the venture, while the remaining equity would be split between Yoma Strategic, Delta Capital Myanmar, and Htun Win and Zaw Win (Win Brothers), who are experienced professionals in Myanmar’s alcoholic beverages sector.