US power firm moves into Myanmar market
Eaton Corporation, an American power management company, has signed a deal with local company Myanmar Golden Rock International (MGRI), which provides technology solutions in the country, said a report in the Myanmar Times. According to the article,
Get Ride ride-hailing app launches in Mandalay
Local ride-hailing application Get Ride has launched its operations in Mandalay, Myanmar’s second biggest city, according to an article in DealstreetAsia. The service will include a bike, tuk-tuk and taxi-hailing service that is part of Get, a digi
Foreign investors show interest in First Private Bank: report
Foreign investors are interested in acquiring stakes in local company First Private Bank (FPB), which is listed on the Yangon Stock Exchange (YSX), according to an article in the Myanmar Times. The report, quoting the bank’s CEO U Myint Zaw, sa
Seed Myanmar invests in delivery start-up
Singapore-based venture capital fund Seed Myanmar Ventures Limited has completed a six-digit funding round into local delivery service platform Marathon Myanmar Company Limited, according to an article in Dealstreet Asia. The article did not specify
Daewoo to manufacture buses in Myanmar
South Korean conglomerate Daewoo is to establish a local entity in Myanmar to build buses, according to a report. An article in the Myanmar Times said that Daewoo Bus Myanmar Company will be a 25:75 joint-venture between the Myanmar Trade Centre and
