Myanmar Takes Small Steps Towards Providing Greater Liquidity for SMEs

A rising number of start-ups as well as small and medium enterprises (SMEs) are emerging in Myanmar as business opportunities rise. However, many companies fail to achieve their full potential and contribute substantially to the economy because capital assistance is lacking in the country. In Myanmar, banks require collateral in the form of property before […]

Yoma bucks the trend with big projects

Yoma Strategic Holdings has carved its own niche with large-scale township developments. It currently has three ongoing developments in Yangon’s outskirts, and one more large downtown commercial project planned. Yoma Strategic also won the award for Best Developer at the first Myanmar Property Awards held in Yangon last month. Cyrus Pun, executive director and head […]

Construction and Housing Development Bank to open in Yangon

The Construction and Housing Development Bank will be located in Dagon township, Yangon region, sources from the Ministry of Construction said. Construction and Housing Development Bank Limited (CHDB) was formed in July 2013. “We will set up the bank after establishing a private company. The CHDB can sell the bank [Construction and Housing Development Bank] […]