They can create new income opportunities for the poor by engaging them in the value chains of profitable businesses while paying better than market rates. They can also provide goods and services to the poor that address key needs in areas such as health, education, housing, finance, water and sanitation. Inclusive businesses are typically profitable […]
Myanmar pig farming initiative announced
The DaNa Facility, a UK government Department for International Development (DFID) funded programme, and De Heus Myanmar, an international animal feed business, have announced a joint investment of over US$3.2 million in a project focused on increasing the income and productivity of pig farmers across Myanmar. They said it would be the largest single business […]
Myanmar female garment workers in fear of violence
Business involved in Myanmar’s garment industry should take steps to ensure better safety and welfare of female employees, a new report recommends, as findings suggest women workers are in fear of rape and robbery. The report, ‘Women, work and violence in Myanmar, Nepal and Pakistan,’ conducted by IMC Worldwide, University of Portsmouth and the International […]
IFC to Help Myanmar Develop a Secured-Transactions Framework
IFC, a member of the World Bank Group, is helping Myanmar’s government to develop a secured-transactions framework that will allow businesses, especially micro, small, and medium enterprises (MSMEs), to access finance by offering movable assets as collateral, IFC said in a statement on 5 November. This will unlock significant financing for MSMEs, for whom lack […]
UK aid program seeks to make it easier to do business in Myanmar
The United Kingdom’s development arm announced a £25 million (US$32.5 million) aid program yesterday geared toward making it easier to do business in Myanmar and boosting growth in key sectors of the economy, like agriculture and garment manufacturing. The UK and Australia are currently working with the Directorate of Investment and Company Administration and the […]
In Myanmar, the AIIB Could Buttress China’s ‘One Belt, One Road’ Framework
The Asian Infrastructure Investment Bank could come to play a greater role in Myanmar. Is the Asian Infrastructure Investment Bank (AIIB) just another vehicle for spreading Chinese geoeconomic primacy throughout the Asia-Pacific? Earlier this year, reflecting on the bank’s first projects, I argued that such fears were overwrought. The AIIB, with modest partnership-based undertakings along with […]