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…
Tag: Banks
Dollar black market undermines Burma’s banks
Lenders say they have been forced to turn to unlicensed brokers for scarce dollars to keep the wheels of trade turning.
Business weekly 26 June
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.
Business weekly 5 June
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.
Foreign banks to be selected in September, official says
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.
SMEs to receive loans after eligibility survey
Sumitomo Mitsui Banking Corporation is currently conducting a survey to assess which SMEs will be eligible for government loans to help their businesses.