Terminals, ports, logistics, liner operations disrupted

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
Myanmar to open up Yangon stock exchange to foreign investments

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-based Meal Temple makes Myanmar foray with Freshgora investment

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
Myanmar-based trucking startup raises $800k from Cocoon Capital

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
Sea Lion launches $10m distribution centre

Sea Lion to establish distribution centre

Sea Lion, a Yangon-based company that provides healthcare-related products and services, has established a USD 10 million distribution center on the outskirts of Yangon, according to a brief in DealStreet Asia. The article said that the new center wi