Singaporean company divests Myanmar business
After Kirin announced an end to its Tatmadaw (Myanmar military) beer partnership, the military also lost its partner in the country’s largest cigarette company. Singaporean tycoon Lim Kaling, co-founder of Hong Kong gaming firm Razer, announced
Amid chaos, investors hold their breath
When the Tatmadaw (Myanmar military) took power this week, it risked a decade of new foreign investment in nearly every sector. Now those partnerships, struck in the democratic era, will be put to the test. Will India renege on plans for a new gas reFourteen new investments approved including four solar projects
In its first meeting of the year, held virtually, the Myanmar Investment Commission (MIC) approved 14 new investments proposals and increase in capital in 4 existing projects, the Ministry of Information announced. The approved investments in the eneSingapore tops FDI list, Myantrade to open office to support exports
Singapore has been the top source of foreign direct investments (FDI) into Myanmar since 2012. Things haven’t changed over the first quarter of the current financial year that started on October 1st 2020, according to the data released by the D
Ascent Capital fund closes with USD 88 million
Ascent Capital has closed its Myanmar-focused fund after raising USD 88 million over two years. The Singapore-registered, Myanmar-facing firm launched the Ascent Growth Myanmar Fund (AGMF) in the first quarter of 2018 with a goal of between USD 50 an
