Tag: Financing

Japan loans USD 400 million for development

Japan and Myanmar have finalized a set of loans totaling around USD 409 million to develop Myanmar’s small and medium enterprises and to build a new bridge across the Sittaung River. Japanese ambassador to Myanmar, HE Ichiro Maruyama and deputy

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Singapore VC Majuven backs Myanmar’s Daung Capital

Myanmar-focused financing platform Daung Capital has announced the final close of its undisclosed Series A investment round this week. Majuven, an early- and growth-stage venture capital firm from Singapore is the new investor in the company. The dea

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Seedstars Yangon 2019 won by RecyGlo

Yangon-based recycling waste management startup RecyGlo has been named the winner of Seedstars Yangon 2019, said a report in Dealstreet Asia. The announcement came after the company, and nine other startups, presented their pitches at Seedspace Yango

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Supply-chain financing platform launched with the support of DFID

A launching event was held this week for an MSME supply-chain financing platform called “Shwe Lan”, which aims at reducing the inequalities between MSMEs and larger players. The project is backed by Swiss-based Seedstars and Thura Swiss, a firm

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