The company leading the planned New Yangon City development has said it has nearly finalised its proposal for the first phase of the multi-billion dollar-project. An article in The Irrawaddy said that the China Communications Construction Co., Ltd (C
A launching event was held this week for an MSME supply-chain financing platform called “Shwe Lan”, which aims at reducing the inequalities between MSMEs and larger players. The project is backed by Swiss-based Seedstars and Thura Swiss, a firm
KM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two of Myanmar’s first dry port projects in Ywar Thar Gyi, Yangon. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains w
Singapore-listed Yoma Strategic Holdings signed a franchise deal with US Focus Brands to bring Auntie Anne’s soft pretzels brand to Myanmar. In the coming months, the first outlet in Yangon will be opened. Myanmar will be the latest addition for th
Rent 2 Own (Myanmar) Ltd, a motorcycle rental service, has raised USD 6 million in fresh funding from Germany’s development finance institution Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), and agRIF, an impact-focused fund manag
South Korean conglomerate Lotte Group acquires 80 percent of local confectionary L&M Mayson Company, through its subsidiary Lotte Confectionary. According to a report in DealstreetAsia, the deal value is almost US$ 70 million. The article said t