SolarHome secures USD 1 million investment
SolarHome, a Singapore-based solar energy startup with a focus on Myanmar, has received a USD 1 million equity investment from Singapore’s Trirec, which is already an investor in the project, according to an article in Dealstreet Asia. SolarHome, w
Wave Money and MEB to offer mobile pension payments
Mobile financing firm Wave Money has announced a partnership with state-owned Myanma Economic Bank (MEB) to provide mobile pension payments to public sector retirees across the country. According to an article in the Myanmar Times, an initial pilot p
International School Yangon to open Nay Pyi Taw campus
International School Yangon is to open a new campus in the capital Nay Pyi Taw, with classes starting this September according to a Myanmar Times article. An official from the Ministry of Foreign Affairs was quoted as saying the move was being made b
Yangon call center stake acquired by EME Myanmar
Investment firm EME Myanmar has acquired an undisclosed stake in Yangon-based call center provider Lan Thit Masterpiece Limited. Lan Thit Masterpiece was established in May 2018, as a joint-venture between Japan’s Masterpiece Group Ltd, and local c
Metro Myanmar secures USD 20 Million IFC loan
The Myanmar arm of the German food retail group Metro AG has raised a USD 20 million loan from the International Finance Corporation (IFC). According to a Myanmar Times article, IFC said the funds would help increase the company’s incomes. It is ex
