Ascent Capital, a Singapore-registered fund manager, is leading an investment of US$26 million in Myanmar internet service provider Frontiir, marking its first equity investment in the country. The deal is expected to help Frontiir expand its services to more than half of Myanmar’s states and regions within half a decade, with the aim of connecting […]
Me and the Myanmar Investment Commission
Different types of investment entities could be seen in many facets such as that doing business is investment, that sending a kid to school is investment, that providing capacity building to an employee is also investment. More investments reap additional benefits. Therefore, it is universally accepted that the investment is a must for the development […]
Singaporean investment starts rice production for international export
Agrastar, a partnership between Chin Corp Myanmar, Agrocorp International, and RiverWest Capital, was formed to supply high-quality agricultural commodities from Myanmar to the global market, and especially to Europe. The rice production and export facility is completely automated to process 75,000 tonnes of paddy annually – producing high-quality parboiled, brown and white rice. Agrastar aims […]
In Burma, a Fine Line Between CSR and Karmic Cash
RANGOON — It was perhaps inevitable that Burma’s business sector would struggle with the idea of corporate social responsibility (CSR), operating in a country of high charitable giving and stark contrasts between its wealthiest and poorest citizens. At least in part, this stems from the reality that CSR, as a concept, has only caught on […]