Anthem Asia Invests in Myanmar’s Rangoon Tea House to Speed Up Burmese Restaurant & Lifestyle Group’s Growth Plans

Investment enables RTH group to expand Yangon-based restaurant and outside catering businesses as well develop new food concepts and brands. YANGON, MYANMAR, September 24, 2016 / — Anthem Asia, an independent investment and advisory group building sustainable businesses in Myanmar, today announced a partnership with Rangoon Tea House (RTH) to support the expansion of the […]

Start-up competition gets going in Yangon

More than 200 people came to participate in a StartUp Challenge hosted by downtown innovation lab Phandeeyar on November 14, with entrepreneurs looking to launch businesses in e-commerce, mobile and more. The nine-day event, held in conjunction with Myanmar’s fourth annual Global Entrepreneurship Week, urges budding entrepreneurs to turn brainstorms into businesses. It also gives […]

Anthem Asia Invests “Six-Figure Sum” in Myanmar-based Mobile Platform

Investment and advisory firm Anthem Asia is to invest a “six-figure US dollar sum” in Xavey, a mobile data collection platform in Myanmar, taking a significant minority equity stake in the start-up firm. Xavey Pte Ltd, a Singapore-registered entity operating out of Yangon, was established in December 2013 and serves market research and NGO clients. […]

Anthem Asia Buys Stake in Myanmar PR and Digital Marketing Agency

Anthem Asia, an independent investment and advisory group building businesses in Myanmar, has invested in a new Yangon-based PR and digital marketing agency, the company said. Anthem Asia has taken a significant equity stake and is providing working capital for Blink, a start-up headed by a group of entrepreneurs led by local TV presenter Stephen […]

Burma seeks minimum wage amidst labour shortage

As foreign investors in the garment sector trickle into Myanmar/Burma, local research companies and the International Labour Organization (ILO) are undertaking a study that could prompt the country’s parliament to pass a minimum wage law by December this year. The study, for which one local participant is the Myanmar Marketing and Research Development Co (MMRD), […]