Myanmar ripe for investments in services sector as economy grows

MYANMAR IS in need of more investments, especially in the service sector, as the economy is showing strong growth, Aung Kyan San, managing director of Crown Education, a business and consultancy firm based in Yangon, said last Friday. “Foreign investors still have a lot of opportunity in Myanmar thanks to the growing economy, and this […]

Thai tourism firms urged to look into Myanmar and Cambodia

Thai tourism and hospitality businesses are being urged to tap into Myanmar and Cambodia to cash in on growing tourism in the two neighbouring countries. Tourism and Sports Minister Kobkarn Wattanavrangkul said Myanmar and Cambodia were in dire need of tourism-related investment and hospitality knowledge from Thailand to upgrade their tourism destinations. Cambodia’s tourism minister […]

MyanmarCarsDB Pulls Ahead With Frontier Digital’s Investment

Humble founders of digital startups can take heart: Just because a deep-pocketed foreign company plants web stakes in a less developed country doesn’t necessarily spell doom for the little guy. There’s a significant proviso, though, that wasn’t true a decade ago: the first mover startup needs to attract generous angel investors pretty early on. Despite […]