Now that the vote has lived up to its seismic billing, DVB sat down with Professor Maw Than, a former director of the Central Bank of Myanmar to discuss how…
Lenders say they have been forced to turn to unlicensed brokers for scarce dollars to keep the wheels of trade turning.
This week in business; negotiations for a minimum wage begin in Rangoon, Burma looks to wind farms for energy supply, and companies cash in on tourism boom.
In business this week: YSX to open in October; MPs plan to borrow from CBM for agricultural loans; green energy in Burma; local banks fear foreign rivals.
Out of the 25 foreign banks that applied to operate in Burma, the government will only allow about five to ten companies, which will be selected in September.
Sumitomo Mitsui Banking Corporation is currently conducting a survey to assess which SMEs will be eligible for government loans to help their businesses.