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Kargo cuts out middleman to simplify goods transport

Kargo, a Yangon-based start-up founded by Australian Alexander Wicks in September 2016, is out to simplify a fragmented transport and logistics market and an opaque pricing structure for transporting goods in Myanmar. The company, which aims to directly link transport and logistics firms with customers, received US$800,000 in pre-Series A funding from Singapore-based Cocoon Capital […]

Grab sees higher growth with more services in Myanmar

With more people in Myanmar getting used to using mobile applications in their day-to-day activities, Grab Holdings Inc is fully confident that it will enjoy a healthier growth in the months to come, according to Cindy Toh, Grab’s country head for Myanmar. Toh said in an interview with The Nation that the Singapore-based ride-hailing giant […]

Cambodia’s Meal Temple Group invests in Myanmar’s food delivery startup Freshgora

Meal Temple Group, a Cambodia-based food delivery and logistics company with operations in Laos, has announced a strategic equity investment into Freshgora.com, an on-demand food and grocery delivery startup in Myanmar. As per the deal, both companies will address the market in Myanmar and expand operations nationally. In the long run, the companies will add […]

What Industry 4.0 Demands of Myanmar

It is of primary importance, Myanmar Minister of Industry U Khin Maung Cho told the more than 100 gathered at the Novotel Yangon Max hotel Friday morning for the Industry 4.0 in Myanmar conference, to create an inclusive digital economy. Industry 4.0—a term with a fluid definition but that generally refers to commercial and industrial […]

Trade laws protecting local producers now being drafted: MOC

The Ministry of Commerce (MOC) is drafting new trade laws to safeguard local producers while promoting exports of domestically-produced goods, Minister of Commerce U Than Myint said. Due to the lack of investments and technology, Myanmar producers face stiff competition from their regional peers, who are able to manufacture at faster speeds and lower costs […]

Testing out electronic pension delivery in Myanmar

When delivering pensions to Myanmar’s remote villages, you might assume the only option is for an official to hand over the cash to each older man and woman in person. Surely these older people do not have access to the technology or bank accounts needed to send cash electronically, right? Well, that’s not the reality. […]

Microsoft eyes rapid growth in Myanmar

DRIVEN by the need for digital transformation in both public and private sectors in Myanmar, Microsoft Corporation, a US technology giant, is confident of rapid growth in the country, according to Sonia Bashir Kabir, managing director of Microsoft for Bangladesh, Myanmar, Nepal, Bhutan and Laos. Kabir said in an exclusive interview with The Nation that […]

RecyGlo cleans up in recycling

Coloured waste bins line the walls of RecyGlo’s office in Yangon. Blue is for paper, red for plastic, green for aluminium and black for general waste. The waste is being separated for recycling. “If the plastic, glass and cans that we discard daily are not systematically sorted, recycled and reused, it will have an impact […]

Myanmar should develop domestic production to grow local economy: Czech Republic

Myanmar should enhance domestic production and develop its local markets, says Martin Tlapa, Deputy Minister for Foreign Affairs of the Czech Republic, during a talk entitled “Economic Transition: The Czech Experience and its Relevance for Myanmar” last week. In sharing appropriate approaches with Myanmar, Mr Tlapa said Myanmar should enhance the production of domestic products […]

Greenovator leads the trend in Myanmar’s agri-technologyCorporate

Amid surging demand for technology in Myanmar’s agriculture sector which involves a majority of its population, young entrepreneurs at Greenovator Co have set their heart on playing a leading role in the nation’s agri-tech, according to Yin Yin Phyu, the firm’s co-founder and director of operations. Yin Yin Phyu said in an exclusive interview with […]