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Tech Venture Capital Firm Receives $5 Mln Investment

Myanmar’s larg­est online prop­erty portal, iMy­anmarHouse.com has announced an investment of $5 million into a venture capital (VC) fund for local tech startups, U Nay Min Thu, Managing Director of iMyanmarHouse.com, told Myanmar Business Today. “Myanmar’s tech startup community is far smaller and less developed than neighboring countries. The fund will encourage en­trepreneurs by rewarding […]

Myanmar Bans Workers Going to Malaysia

​​ YANGON – Myanmar has banned workers from going to Muslim-majority Malaysia as relations sour between the neighbours over a bloody military crackdown on the Buddhist country’s Rohingya minority. The move came after Malaysian Prime Minister Najib Razak lashed out at Myanmar’s de facto leader Aung San Suu Kyi for allowing “genocide” on her watch […]

Poor aviation infrastructure hinders Myanmar’s aviation potential

Slow improvement in aviation infrastructure remains the biggest hurdle that Myanmar must overcome if it is to cash in on the Asean Open Skies or even pursue its dream to become an aviation hub in Asia. At the Myanmar Civil Aviation Development Conference in March 2014, Transport Minister Nyan Htun Aung announced Myanmar’s vision “that […]