Japan's Daiwa readies fund to invest in Myanmar startups

$30m vehicle would usher promising companies toward listing over a few years

20190712N Myanmar

Daiwa Securities was an early entrant into Myanmar as the country opened its economy.

TAIZO WADA, Nikkei staff writer

TOKYO -- Daiwa Securities Group will set up a venture capital fund in Myanmar, in a first for a major Japanese financial institution.

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