Sumitomo and KDDI to enter Myanmar mobile games market
Japanese firms KDDI Corp and Sumitomo Corp are planning to enter into Myanmar’s mobile games market, through a partnership with the state-owned Myanma Posts and Telecommunications. According to an article in the Myanmar Times, the two companies wil
Singapore VC Majuven backs Myanmar’s Daung Capital
Myanmar-focused financing platform Daung Capital has announced the final close of its undisclosed Series A investment round this week. Majuven, an early- and growth-stage venture capital firm from Singapore is the new investor in the company. The dea
Seedstars Yangon 2019 won by RecyGlo
Yangon-based recycling waste management startup RecyGlo has been named the winner of Seedstars Yangon 2019, said a report in Dealstreet Asia. The announcement came after the company, and nine other startups, presented their pitches at Seedspace Yango
New Visa card launched by CB Bank and Telenor
Global payments firm Visa has reached an agreement with Telenor Myanmar and CB Bank to provide a Visa Card to CB Bank customers. According to a report in the Myanmar Times, the move came after the Central Bank of Myanmar raised annual credit card int
Thailand’s Centara to enter Myanmar hotel industry
Thai-based hotel operator Centara Hotels & Resorts and KMA Hotels Group, signed an agreement to develop and renovate six hotels in Myanmar yesterday. Under the agreement, the three existing KMA hotels in Inle, Naypyitaw and Taungoo will undergo
