Why REAPRA is bullish about the startups in Myanmar despite its underdeveloped market

Much has been said about Myanmar’s turbulent social and political upheavals. But with the country taking baby steps towards becoming more business-friendly, a new narrative has emerged — innovation.   Thanks to the uptake of internet usage, due, in large part, to the slashing of costs for SIM cards, Myanmarese are now seizing the opportunity […]

No employees, no office, and a handful of cash: how a Burmese entrepreneur’s dream came true

For a country where living standards scrape the bottom of the barrel, it’s hard to imagine that car prices in Myanmar were sky high a decade ago. Thanks to import restrictions imposed by the previous military regime in the early 2000s, a second-hand Toyota van used to cost about K100 million (US$97,000) in Myanmar. According […]