Myanmar’s Phandeeyar Accelerator startup graduates Chate Sat, White Merak secures six-digit funding

Myanmar’s Phandeeyar Accelerator startups Chate Sat, a freelancing platform and White Merak, an animated comic application have secured a six-digit funding each from local and foreign investors on Thursday. Chate Sat which means connect in Burmese, has raised the investment from Vulpes Investment Management Pte Ltd back in May, alongside additional investment from Theta Capital based in Singapore […]

KFC Myanmar Ponders Mountainous Shan State as it Considers a Future Beyond Major Cities

US fast food giant KFC will open its first store in outside of Yangon next year with a new outlet in Mandalay. But the company is already looking further afield in its bid to tap increasing demand for consumer goods following decades of isolation and economic stagnation. The fried chicken giant’s plans for Myanmar’s second […]