Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar due to the political turmoil announced global maritime, shipping and offshore news specialized website Splash247. “Operationally, the termi
Mandalay outbreak could infect trade
Myanmar’s second largest city is scrambling to prevent its own full-scale epidemic with a stay-at-home order, spot temperature checks, and other lockdown measures. And although (at the time of writing) Mandalay has less than 500 confirmed COVID
Yangon Stock Exchange gains new company
A sixth company will soon be traded on the Yangon Stock Exchange (YSX). Logistics firm Every Flow River Group Public Co (EFR) will join the bourse on March 20th, with its initial share price reveled on March 19. EFR will begin trading at a high point
Cambodia’s Meal Temples makes Myanmar foray
Cambodian food delivery and logistics company, Meal Temple Group, has made a minority stake investment into Myanmar-based Freshgora. According to a Dealstreet Asia article, Freshgora’s goal is to provide delivery services to restaurants, liquor sho
Logistics startup Kargo raises USD 800,000
Myanmar logistics startup Kargo announced that it has raised USD 800,000 in a financing round on Tuesday. It was led by Singapore-based venture capital fund Cocoon Capital. Kargo is a B2B logistics mobile platform that connects truck owners and users
