Mote Poh

EME Myanmar, Nest Tech invest in HR services startup Mote Poh


The startup offers an exclusive rewards book for companies that can stretch their employees’ paychecks by hundreds of dollars a month.

Myanmar Digest: Katapult injects $150k in RecyGlo; Phandeeyar to back five startups

RecyGlo has received $150,000 investment from Norway’s Katapult Ocean accelerator.  Phandeeyar Accelerator will invest up to $125,000 in five tech startups.

People Digest: Ooredoo Myanmar, Yoma Bank chiefs take on new roles

Vikram Sinha has been redesignated as advisor to the CEO of Indosat Ooredoo in Indonesia.

Yoma Strategic to buy 65% stake in restaurant chain operator YKKO for $12.6m

YKKO, which is popular for its ‘Kyay-Oh’ vermicelli and flat rice noodle-based dish, operates 37 outlets across the country.

Asean Digest: YITU’s Singapore R&D centre; Yoma, Oracle, Phandeeyar hackathon

The R&D Centre is YITU’s first in Southeast Asia and plays an important role in supporting its growth in Singapore and the region.

Myanmar MFI Hayman Capital raises $2m debt from Swiss Symbiotics SA

The proceeds of the financing will be used to serve an additional 15,000 new clients.

Yoma Bank offers $1.46m loan to Myanmar MFI Mahar Bawga Finance

The semi collateralized funding is the first such for Yoma Bank.

Retail major City Mart partners Sandanila to invest in food SMEs in Myanmar

The City Invest Fund will target to invest between $50,000 and $250,000 each in the SMEs,

Trust Venture Partners acquires Myanmar Institute of Business

This is the third acquisition from TVP in the education sector.

Grab to launch shuttle bus services in Yangon this year

‘GrabShuttle’ is among the four new services that Grab plans to introduce in 2019 in Myanmar.