City Mart Holdings and Sandanila Investments have announced the establishment of the City Invest Fund. The fund will invest in SME enterprise food manufacturers, according to a report. The primary motivation of the fund is to increase the quality and quantity of food retail products in Myanmar. “The City Invest Fund will provide financing and along with this funding we aim to provide technical assistance, capacity building, [and] marketing strategies for wider market access and training to improve production quality and standards,” Daw Htet Htet Khaing, City Mart Business Development Manager was quoted as saying. Daw Win Win Tint, CEO of City Mart, and Daw Thiri Thant Mon, managing partner of Sandanila will oversee the fund.
Upcoming Events
- No events
- all events
Highlights
Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …Facebook, Instagram ban military and related pages with immediate effect
In a February 24th update to its February 11th statement, Facebook through its Director of …Luxury Japanese real-estate complex called out for funding military
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …
Myanmar in the Media
- Myanmar rebel group withdraws from border townSource: Bangkok Post Recent StoriesApril 24, 20242 hours ago
- Refugee plan mapped outSource: Bangkok Post Recent StoriesApril 24, 20249 hours ago
- Myanmar junta slams US aid planSource: Voice of America East AsiaApril 24, 202412 hours ago
- Myanmar’s figurehead vice president, holdover from Suu Kyi’s government, retiresSource: Voice of America East AsiaApril 23, 20241 day ago
Thura NewsViews
Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss