Resdi, the restaurant discount app

There are more than 7,000 users of Resdi in Yangon, a new app which offers discounts for restaurant customers, said Ko Zay Ye Htut, CEO and co-founder of Resdi. Resdi is a contraction of the words “restaurant discount”. It aims to lure customers during periods of low sales with attractive discounts. The young entrepreneurs Ko […]

This Singapore startup is set to turn Myanmar’s Yatai City to a blockchain-powered smart city

There is a widespread perception that it is easier to turn a well-developed city into a smart city. The reality is, however, different. It is, in fact, much easier to turn a not-so-developed city into a blockchain-enabled smart city, and that makes more economic sense, too. “The fastest and most affordable way to turn a […]

Japan’s Daiwa readies fund to invest in Myanmar startups

TOKYO — Daiwa Securities Group will set up a venture capital fund in Myanmar, in a first for a major Japanese financial institution. The Southeast Asian country’s economy is growing at a roughly 6% clip, and information technology startups are emerging. This makes Myanmar an attractive market for Japanese institutional investors seeking relief from persistently […]

Startups in Myanmar Land of temples and tech

The startup culture germinates in an unlikely place REMARKABLE views greet visitors to Phandeeyar, an open-plan office and events space which sits atop a tower block in the centre of Yangon, Myanmar’s biggest city. Its north windows frame golden pagodas and colonial mansions; to the south weather-beaten cargo ships glide up the Yangon River. The […]