Myanmar’s deal pipelines and investment activities across the spectrum remain resilient despite COVID-19 related travel restrictions. Singapore’s GIC and Norfund announced the plan to acquire a minority stake in Yoma Bank for $94M. The burgeoning investment activities highlights the attractiveness of Myanmar market thanks to its improving operating environment. “A strong regulatory framework makes a difference in the fund’s ability to strike deals” said Ray YL Aye, partner at Delta Capital.