Direct flights launched by low-cost airline from Yangon to Guangzhou
9 Air, a low-cost airline operating out of China, has launched direct flights between Yangon and Guangzhou, in southern China, just weeks after it began connections with Mandalay in early October. The airline based in Guangzhou, the capital of Guangd
Flexible Pass raises 6 digit investment funding from 3 investors
Myanmar’s Flexible Pass closed its first round of funding to expand into new cities and new markets. The Health and Fitness app announced a 6 digit first round of funding with a plan to expand its coverage to new cities and expand into new markets
FMI subsidiary buys majority stake in Taunggyi hospital
Yoma Siloam Hospitals Pun Hlaing, a subsidiary of the conglomerate First Myanmar Investment (FMI), has paid USD 4.9 million for a majority stake at a hospital in Taunggyi, the capital of Shan State, according to a report in the Myanmar Times. The rep
MMTutors raises five-digit dollar capital
Myanmar online platform MMTutors raised a five-digit dollar funding from Seed Myanmar, which was launched in 2016 from Singapore-based Vulpes Investment Manager Pte Ltd, according to an article in Dealstreet Asia. MMTutors was developed out of the P
Seedstars – Thura Swiss sign deal for Yangon Innovation Center
The Yangon Innovation Center, an initiative by the Yangon Region Government to support the growth of the local startup and innovation ecosystem, is going to be developed by Seedstars – Thura Swiss, with CB Bank as the main powering partner. Wit
