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 […]

Putting rural folks on wheels

Philippe Lenain, CEO of Rent 2 Own Myanmar, is expecting to double his motorcycle rental business in Myanmar by the end of this year. Beyond that, his aim is to enable more rural people to own their own transportation and farm machinery, which will improve productivity and help raise families out of poverty. Motorcycles are […]

Japanese companies flock to Myanmar

Japanese companies are trying to court Myanmar’s growing middle class. On Dec. 29, Honda Motor opened its 115th motorcycle dealership in the country, in Myitkyina, the capital of the state of Kachin. The Japanese company opened five dealerships in Myanmar in December alone — all in smaller cities. The total number was up 40% from […]

Mandalay Offers More Chinese Bikes via Instalments

There has been an increase in sales of Chinese motorcycles in Mandalay, especially those sold through instalments, according to bike traders in Myanmar’s second largest city. A recent appreciation in Chinese yuan (or renminbi) has caused a spike in prices of motorcycles that are imported overland from China to Mandalay. Previously, the motorcycles were rarely […]

Ministry of Livestock, Fisheries and Rural Development to invite Open Tender; Closing Date: August 14, 2014

Ministry of Livestock, Fisheries and Rural Development INVITATION FOR OPEN TENDER We would like to revise our advertisement in Myanma Alinn and the Mirror dated July 14, 2014 as shown below. The Ministry of Livestock, Fisheries and Rural Development intends to procure the following packages of motor vehicles, motorbikes, and water supply accessories:    Sr. […]