Private equity firm casts net on Mekong region

A new private equity firm based in Phnom Penh is scouring the Mekong region for opportunities after making its first investment in the parent company of a leading Cambodian online real estate portal. Established in late 2017, Belt Road Capital Management (BRCM) has secured $50 million in committed capital from predominantly Asia-Pacific (APAC) investors and […]

Tilleke appoints former Kelvin Chia partner as head of Cambodia

Tilleke & Gibbins has hired Jay Cohen as the director of its Cambodia practice from Singapore’s Kelvin Chia Partnership (KCP). Cohen takes over from John E. King, who retired at the end of last year after 15 years as a Tilleke partner. Cohen, who has spent a decade working in Cambodia, Myanmar, and Singapore, specialises […]

Uber Gets Its Show on The Road in Myanmar

YANGON — Ride-hailing giant Uber Technologies began serving Myanmar’s largest city Thursday, aided by the spread of 4G mobile communications technology. The U.S. company will likely face stiff competition from local startups. With Uber, the passenger specifies pickup and drop-off locations for the app to find a nearby registered driver. A clear price is set […]

Carabao Dang maker eyes plants in Myanmar, Cambodia

Carabao Tawandang, the manufacturer of Carabao Dang energy drinks, plans to open factories in Myanmar and Cambodia within the next three to five years. Managing director Sathien Setthasit yesterday said the company would also increase the production capacity of its Thai factory by 40 per cent, in line with the goal of making Carabao Dang […]