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Thailand E-Sports Arena raises funding from Japan’s GameWith; to foray into Myanmar, Laos, Cambodia in 2020

Infofed, an e-sports startup and owner of Thailand E-Sports Arena, has secured an undisclosed amount in pre-Series A round of equity funding from Japanese gaming community GameWith. The startup will use the proceeds to expand its coverage in Southeast Asia. The firm plans to enter Myanmar, Laos, and Cambodia in 2020. “There is a huge […]

AirAsia Group Seeks Partners in Cambodia, China, Myanmar

After a brief halt, AirAsia Group has resumed its overtures to partners in Cambodia, China, and Myanmar as it seeks to found new franchise units in these countries. However, it has abandoned plans to launch a unit in Viet Nam, Group Chief Executive Officer Tony Fernandes told Nikkei in an interview. Fernandes added that the […]

The Rise and Fall of an Australian Media Mogul in Southeast Asia

ROSS DUNKLEY was thinking of quitting journalism when he met Rupert Murdoch, a fellow Australian, on a friend’s yacht off the coast of Rhode Island during the America’s Cup boat race in 1983. He had grown tired of working for other people in a newsroom; he wanted to return to his family roots and become […]

DHL Scales up Operations in Myanmar with new Warehouse

DHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar, last week. The company has invested approximately K1.58 billion (€1 million) in the facility located in Dagon Seikkan Industrial Zone in Yangon, and is targeting to add more than 200 full-time employees […]

Kevin Fitzsimmons: Myanmar’s aquaculture potential on par with Thailand

The Government of Myanmar has targeted Aquaculture as a solution to widespread malnutrition and rural poverty in the Southeast Asian nation. With its 2,000 kilometers of coastline, Myanmar has the potential to reach the production levels of its neighbor, Thailand, as a seafood Producer, according to Kevin Fitzsimmons, a professor in the Department of Soil, […]

Egat Talks Power Trade with Cambodia, Myanmar

The state-run Electricity Generating Authority of Thailand (Egat) is planning to talk with power authorities in Cambodia and Myanmar to trade electricity from Thailand at a combined capacity of 500 megawatts. Patana Sangsriroujana, deputy governor for policy and planning, said Egat has been ordered by Energy Minister Sontirat Sontijirawong to talk with the two governments […]

Some 2,000 Incl Myanmar Workers Lose Jobs as Thai luggage Factory Closes near Bangkok

About 2,000 workers including Myanmar workers became jobless as their luggage factory near Bangkok of Thailand closed down, according to Hittaing (place to voice complaints) based in Thailand where migrant workers usually come to voice their complaints and grievances. The luggage factory in Chonburi Province near Bangkok reportedly shut down on October 31 citing losses. […]

TCP Targets Myanmar with Plant

TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects. The new factory will produce two paint products — heavy-duty coating and marine paint — with a monthly capacity of 300 tonnes. The project will be located in Thilawa Special Economic Zone […]

Thilawa SEZ set to benefit from east west economic corridor

The Thilawa Special Economic Zone near Yangon is set to become a vital link in the East West Economic Corridor linking Myanmar, Thailand, Laos, Cambodia and Vietnam says an official from the Japan International Cooperation Agency (JICA). The East West Economic Corridor development project aims to link transportation and logistics networks to promote investment and […]

Parent of Myanmar’s Mediaload secures series A funding

Cambodia-based Groupin, an internet startup, has secured US$5 million in a series A funding round from Belt Road Capital Management (BRCM), a Mekong-focused private equity company, a released stated last Monday. Groupin claims that it is the largest funding round in history raised by a Cambodian tech startup. The firm is founded by four siblings, […]