Summary & Recommendations Globally, the number of companies opting flexible workspaces has been gradually growing annually and is predicted to reach an unprecedented level in the next three to five years. With four million new businesses being registered worldwide just in one year, flexible spaces are seeing increasing demand from both small-scale enterprises and multinational […]
The thriving co-working space industry
Ko Lwin Maung Maung is looking for a space in Yangon to run his business. He is a freelancer who develops web-based ap plications. After deciding to work for himself, he quickly discovered that the costliest part of his business was not investment in technology or software, but rather the high rents for office space. […]
Young Yangon entrepreneurs get business skills boost in Myanmar
Students, entrepreneurs and businesswomen were among the first graduates of an UNCTAD entrepreneurship training course held in Yangon, Myanmar, in partnership with the United Nations Development Programme (UNDP) and international telecommunications company Ooredoo from 15–20 December. The course was a pilot with UNDP to assess the applicability of UNCTAD’s Empretec entrepreneurship training methodology in the […]
Myanmar freelancer platform Chate Sat raises 6-digit funding to expand its team
Technolic, the parent company of Myanmar-based freelancer platform Chate Sat, has raised a six-digit funding in a Pre-Series A round led by Singapore-based angel investors, Willy Ballmann and Keizo Fujitake. The company will use the newly-raised capital to grow its internal business resources and expand its team. Launched in 2016 by Phandeeyar Accelerator Cohort 1 […]