Military cancels multi-million dollar Yangon development
Military officials have announced that they have cancelled the lease agreement for a US$ 500 million mixed-use project in Yangon because the developer had breached the terms of the deal, according to an article in Frontier. The project was being over
KBZ bank to fund Secretariat restoration
Local lender Kanbawza Bank has announced that they will finance the entire restoration of the Secretariat Building in downtown Yangon, one of the country’s most important historical buildings, according to an article in Frontier. The Secretariat,
Chate Sat raises six-digit USD funding
Freelance platform Chate Sat has raised six-digit funding in a pre-Series A round led by two Singaporean angel investors, according to a report in DealstreetAsia. The two investors were named as Willy Ballmann and Keizo Fujitake, and the company said
Feasibility studies for poultry processing plants carried out
According to a report in Myanmar Business Today, local and foreign companies are currently carrying out feasibility studies for poultry processing plants. In a briefing to the Yangon Regional Parliament, Yangon Mayjor U Maung Maung Soe said that in
Yoma Fleet to begin heavy equipment rental service
Yoma Fleet, a branch of Yoma Strategic Holdings, has entered into an exclusive partnership agreement with Myan Shwe Pyi Tractors Limited (MSP CAT), the authorized dealer for Caterpillar branded heavy equipment in Myanmar, according to an article in M
