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Coffee entrepreneurs seek success in Myanmar’s poorest state

Young people from Myanmar are starting businesses to escape poverty in Chin, the country’s poorest state in Southeast Asia’s least developed country. Chin is a mountainous state in western Myanmar. Its per capita gross domestic product was around 760,000 kyat ($500 at the current exchange rate) in 2017, only about a quarter that of Yangon, […]

Beating self-doubt and gender bias

Ma Sandy Aung left a promising career in marketing in Singapore, where she had graduated from university, and braved the disapproval of her family to start her own firm, Forte Global, in Yangon five years ago. “Our aim is to help people working in organisations think, learn and do things differently, and as a result, […]

How the son of a humble watch repairer became the owner of a multi-million dollar realty tech startup

His startup iMyanmarHouse, with over 550 developers, 2,200 agents and 300K listings, recently hit US$320M in total transaction value Nay Min Thu would never have become what he is now, had he not attended, by chance, a motivation class in Singapore back in 2009. And thanks to his grit, determination and perseverance, Thu is now […]

Good Eats in Myanmar: Htet Myet Oo Comes Home To Feed His People

Born in Myanmar and raised in the U.K., Htet Myet Oo returned to his homeland in 2012, armed with an economics degree from City University of London. In 2014, at age 24, he launched the Rangoon Teahouse, specializing in traditional Burmese cuisine. Situated in Yangon’s colonial downtown district, the restaurant caters to middle-class locals, expats […]

Faster, easier loans for Mandalay SMEs

The chair from Loan Implementation sub-committee, U Maung Maung Win, who is also the deputy minister for planning and finance, headed the meeting. It was held on Sunday at the Mandalay Regional Chamber of Commerce (MRCCI) premises. U Maung Maung Win said a working committee will ensure that a separate loan facility will be set […]

Bus Ticketing In Myanmar Goes Digital, Thanks To This Brother-Sister Team

Myanmar has undergone significant transformations since allowing foreign telecoms to set up shop in the country in 2014. The costs of SIM cards dropped, mobile phone ownership skyrocketed and a startup ecosystem emerged in Yangon and other major cities. But not every industry has been quick to evolve — the travel industry, for one. Although […]

China’s climate aid flows into Myanmar

Than Bayar Khon village sits nested in the foothills of the Bago Yoma forest in central Myanmar. The low mountains, once heavily forested with teak and valuable tropical timbers, are now rapidly balding. Despite being only a few kilometres from the major highway connecting the port city of Yangon with the capital Naypyidaw, the three […]

Tackling Asia’s final technology frontier

Honey Mya Win didn’t have to look far to discover the tech potential for Myanmar. A 26-year-old former telecom engineer at Huawei, she was directly involved in configuring mobile phone towers and base station controllers that expanded 3G access to the once reclusive nation. “My team was actually the one connecting the country,” she said. […]

Bid to boost Myanmar shrimp trade begins

“We usually import broodstock from Thailand. But, possibility for the broodstock to suffer some diseases is truly a major risk to our shrimp production. Now we are about to start sustainable shrimp farming with the help of a firm from the United States,” he said. According to Kyaw Tun Myint, Myanmar entrepreneurs in the industry […]

Thai Exim Bank to open rep office in Yangon

The Export-Import Bank of Thailand will open a representative office in Yangon, Myanmar, in April to assist the start-up or expansion of Thai companies there. Bank president Pisit Serewiwattana said.the Exim Bank has been given a licence to open an office in the former capital city by the Central Bank of Myanmar. The next step […]