Bringing in new investors Anthem Asia and DPI Energy Ventures, as well as prior investors TRIREC, Insitor Impact Asia Fund, Great Noble Ventures, and FORUM, the additional financing provides firepower for SolarHome, a pioneer in Pay-As-You-Go (PAYG) solar for off-grid households in Myanmar, today announced the closing of its Series A-2...
Infobip, the global cloud communications company, has announced the launch of its new digital cloud contact center solution - Conversations, that will enable businesses to deliver omnichannel support for customers through a single interface for agents. Consecutively, Infobip also announced the launch of its chatbot building platform – Answers,...
Customers in Myanmar, a developing country with an average annual income per capita of just over $1,000, often look at the price when they are thinking of buying a new smartphone. This offers opportunities for smartphone makers, who offer a very good price to performance products with a very...
In collaboration with MCI, a local advertising technology company, Grab Myanmar, a leading high-tech ride-hailing service in Southeast Asia and Myanmar has announced the launch of  GrabAds, a digital display advertising service, which enables private companies and corporations to place advertisements on Grab Taxis. The service will launch in...
The Ministry of Commerce has launched Myanmar TradeNet 2.0 aiming to provide an easier and faster online platform for applying for export/import license/permit. The Myanmar TradeNet 2.0, an upgraded version for all the processes and procedures related to commerce under the Ministry of Commerce, was launched stage by stage starting...
Foreign direct investment inflow into Myanmar performs better than some of the neighboring countries, Daw Aung San Suu Kyi, the State Counsellor of Myanmar and Chairperson of National Committee for Coronavirus Disease 2019 Prevention, Control and Treatment.  “When it comes to foreign investment, our country’s FDI inflow performs better than...
Better Technologies Myanmar (trading as Better HR), based in Yangon has grown to 150 customer companies across 3 countries within 1 year, making it the first Yangon-based startup in the HR space to make it regional. Better HR is a cloud-based application that allows organizations to streamline HR processes such...
Microsoft for Startups launches the Highway to a 100 Unicorns initiative in the Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where only 56 startups were selected to the Emerge X program from six states, which have over 15000+ startups. The Emerge X winners...
The Union of Myanmar Federation of Chambers of Commerce and Industry announced that registering for QR Pass, aimed to provide easier transportation during the stay-at-home period, is now stopped on October 12.  The UMFCCI launched the QR Pass on the morning of September 25, which allows employees of the businesses,...
KBZ Bank and Tranglo, a cross-border payment hub, have formed a remittance partnership to facilitate inbound foreign money transfers directly into the accounts of KBZ Bank customers. Approved by the Central Bank of Myanmar, this service allows Myanmar workers in countries such as Malaysia, Singapore, and South Korea to...