Hong Kong sets up chamber amid investment push

Hong Kong sets up chamber amid investment push

Hong Kong has set up its first ever locally-registered official business group in Myanmar as the NLD administration seeks to bolster the economy and attract more investment.
City Invest Fund launched by City Mart and Sandanila

Food investment fund launched by City Mart and Sandanila

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
Chin State seeks 10 year tax exemptions

Chin businesses request tax exemption for investors

Business owners in Chin State have requested the government to exempt tax for 7-10 years for domestic and foreign investors. According to an article in Myanmar Business Today, U Khaw Lelian, president of the Chin State of Commerce and Industry, also

Myanmar-focused investment fund to be launched

Singaporean firm Ascent Capital Partners has launched a private equity fund focusing on Myanmar businesses in a range of sectors. Partners include a Myanmar firm, as well as a number of other high-profile investors. The Ascent Myanmar Growth Fund (AM
Rakhine State Gov't invite investments through support

Rakhine State Gov’t offers assistance to attract investors

Rakhine State Chief Minister U Nyi Pu has offered the regional government’s assistance to potential investors to promote investments, according to an article in state-owned the Global New Light of Myanmar. The regional government is inviting invest
Motorcycle rental firm raises fresh funds

Rent 2 Own Myanmar raises USD 6mn funding

Rent 2 Own (Myanmar) Ltd, a motorcycle rental service, has raised USD 6 million in fresh funding from Germany’s development finance institution Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), and agRIF, an impact-focused fund manag