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
- ‘We have nowhere to go’: Exiled from Myanmar, journalists fear new Thai lawSource: Voice of America East AsiaDecember 13, 20243 hours ago
- Bloody siege ends Myanmar army control of western borderSource: BBC AsiaDecember 13, 20248 hours ago
- PM hints at release of detained crewSource: Bangkok Post Top StoriesDecember 12, 20241 day ago
- Azerbaijani rights defender receives US human rights award in absentiaSource: Voice of America East AsiaDecember 12, 20242 days ago
Thura NewsViews
Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss