Singapore-based Emerging Markets Investment Advisers (EMIA) has made an undisclosed investment in Syn Pitarn, a Thailand-based finance company providing access to financial solutions to Myanmar migrant workers in Thailand, according to an announcement by EMIA. EMIA’s investment was for a minority stake in Syn Pitarn.
The investment came on the heels of the increase in the number of migrant workers in Thailand – the majority from Myanmar – and their growing need for financial solutions.