Kargo receives unsecured SME loan from Yoma Bank

Kargo and Yoma Bank agree on unsecured loan

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Local online logistics firm Kargo has signed an SME loan agreement with Yoma Bank worth USD 130,000 (MMK 200 million). A press release said that the loan is aimed at resolving cash flow issues among small and medium enterprises (SMEs). The business m

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SF Holding acquires 25pc stake in KOSPA for US$4 Million

SF Holding acquires stake in Myanmar’s KOSPA

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SF Holding, a Chinese logistics firm, has acquired a 25 percent stake in KOSPA Limited, a Myanmar-based logistics firm, according to an article in Dealstreet Asia. KOSPA is a joint venture originally established between local company Yoma Strategic H

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Ywar Thargyi dry port opens to business

Myanmar’s first dry port projects opened by KM and Resource Group

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KM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two of Myanmar’s first dry port projects in Ywar Thar Gyi, Yangon. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains w

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Marathon Myanmar receives a six-digit investment

Seed Myanmar invests in delivery start-up

Posted on September 13, 2018

Singapore-based venture capital fund Seed Myanmar Ventures Limited has completed a six-digit funding round into local delivery service platform Marathon Myanmar Company Limited, according to an article in Dealstreet Asia. The article did not specify

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