Nearly 15,000 cattle stranded in Muse cause high feedstuff cost

About 70 companies of cattle stranded in Muse are arranging to bring the cattle back to their home owing to the burden of labour wages and high feedstuff cost, said U Soe Naing, chair of Mandalay Region Cattle Exporters Association. “It costs K400,000-600,000 to take care of 100 heads of cattle every day. It includes […]

Myanmar’s ThitsaWorks bags funding from BOD Tech Ventures to scale operations

ThitsaWorks, a digital solutions provider for microfinance institutions (MFI) in Myanmar, has bagged an undisclosed amount of minority investment from early-stage venture capital firm BOD Tech Ventures. The new funds will allow the company to further scale their operations as well as working with the country’s financial institutions to provide credit access to farmers who […]

Delta Capital, Daiwa invest $12.6m in Myanmar PET bottle recycler CPC

Myanmar-focused private equity firm Delta Capital Myanmar and Daiwa PI Partners have jointly invested $12.6 million in plastic bottles recycler Commercial Plastics Company (CPC). The investment was made through Delta Capital’s Myanmar Opportunities Fund II and Daiwa PI’s Daiwa Myanmar Growth Fund. This is Delta Capital’s first control deal as also Daiwa Myanmar Growth Fund’s […]