Arakan Farmers Lead Story News
The loan, to be distributed through the Mya Sein Yaung micro-finance scheme, will be used to support businesses and livelihoods in 401 villages.
Business Development Lead Story News
The World Bank has approved a US $400 million interest-free credit to support the Burmese government’s expansion of the national electricity grid.
Development Economy Lead Story News
The latest report in a multi-stage review highlights opportunities but emphasises the need for swift reform to fix skills-gap and develop financially.
Sumitomo Mitsui Banking Corporation is currently conducting a survey to assess which SMEs will be eligible for government loans to help their businesses.
The World Bank on Tuesday approved a US$140 million interest-free loan to boost electricity access in Burma, where over 70 percent of the population live in darkness.
Business Lead Story News Politics
Burma’s Livestock and Fisheries Ministry issued a warning last week to ten private agro firms and ordered them to repay billions of kyat in loans by 31 August or face prosecution
In May the government granted over 10 million Kyat [USD$10,000] to Kamarmat village-tract in Rangoon as part of a nationwide poverty alleviation scheme. Impoverished households were due to get 30,000[…]
President Thein Sein vows to tackle poverty in Burma by introducing micro-finance loans to households and workers and establishing cooperatives.
June 23, 2009 (DVB), The Burmese government's agricultural bank is skimming money from agricultural loans for farmers and using it in their own loan sharking ventures, say the opposition National[…]
Feb 3, 2009 (DVB), Farmers in lower Burma, who have been finding it difficult to pay back agricultural loans due to low yields and falling prices, are coming under pressure[…]
Jan 15, 2009 (DVB), Farmers seeking agricultural loans from the Union Solidarity and Development Association are being encouraged to join the organisation and charged fees for application forms. Local farmer[…]
Jan 6, 2009 (DVB), The Union Solidarity and Development Association in Rangoon division is offering agricultural loans to local farmers for this year’s harvest, but some farmers claim the move[…]
Dec 30, 2008 (DVB), Many Burmese farmers are facing difficulties repaying agricultural loans which they took out at the onset of monsoon due to the drop in rice prices and[…]
