Yoma Land begins sale of City Loft apartments
Yoma Land has announced that units of its City Loft apartments have opened for sale at Star City. The housing project aimed at middle-class buyers, is in Thanlyin Township, on the outskirts of Yangon. Phase one of the project is expected to be comple
CITIC and MAPCO form agri-business centres and rice mills
China’s CITIC Construction, a subsidiary of the state-owned CITIC Group, has partnered with the Myanmar Agribusiness Public Corporation (MAPCO). The project is worth US$ 500 million, involving high-end rice mills and agri-business service centers a
Zingo raises funds for expansion across the region
Ko Shwe Ventures, the company behind the oral health product Zingo, has raised US$ 350,000 of seed funding. The funding from international investors will be used to expand its products across the region. According to an article in the Myanmar Times,
Myanmar-focused investment fund to be launched
Singaporean firm Ascent Capital Partners has launched a private equity fund focusing on Myanmar businesses in a range of sectors. Partners include a Myanmar firm, as well as a number of other high-profile investors. The Ascent Myanmar Growth Fund (AM
First solar-powered yacht launched in Myeik
Luxury cruise company Burma Boating has announced that the first solar-operated yacht in Asia will begin sailing later this month in the Myeik Archipelago. Burma Boating, which is part of the Singapore-listed Memories Group, said that the new boat is
