Central to Myanmar’s economic development is the reform of its finance sector and specifically its banking sector. Banks play a fundamental role in the transformation of market economies. Recently the government has enacted a series of laws intended to reform and strengthen its banking institutions to restore investors’ confidence and to make capital more accessible. […]
Strengthening Myanmar’s banking sector is key to economic growth
August 31, 2017 by Thiha
Filed Under: Latest News Tagged With: Advisory Services, Asia Development Bank, ATMs, banking businesses, banking industry, banking institutions, Banking Sector, Banking Services, card systems, CBM, central bank, China, commodity market, Dollar prices, domestic banking industry, Economic Growth, Executive Director, finance sector, Financial Institutions Law, financial laws, Foreign Banks, foreign currency exchange rates, Foreign Exchange Management Law, foreign exchange rate, foreign investment companies, former deputy-governor of the Central Bank of Myanmar, frontier economy, Global New Light of Myanmar, Interest Rates, international bank branches, international loans, International Monetary Fund, Kanbawza Bank Ltd, Local Banks, long-term loans, low cost apartment, market economies, mobile banking, Monetary System, Myanmar, new Central Bank of Myanmar Law, senior consultant, stock exchange, tax incentive program, technical assistant, U Than Lwin, World Bank
Trade on the rise, more FDI needed: U Ye Min Aung UMFCCI VP
July 12, 2017 by Thiha
U Ye Min Aung, vice president of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, told the Global New Light of Myanmar his views on Myanmar’s economy in an exclusive interview. Q: Please tell us about the current economic situation in Myanmar? A: At the present period, global economy […]
Filed Under: Latest News Tagged With: Agriculture development, agriculture sector, asean, Association of Southeast Asian Nation, Bangladesh, China, current economic situation, Dawei, domestic banks, economic development forum, Electricity Sector, Exchange Rate, export promotion, export revenues, FDI, Fisheries, foreign investment, foreign investors, garment Sectors, global cooperation, Global New Light of Myanmar, import, industrial development, international loans, International Markets, Japan International Cooperation Agency, JICA, Kyaukpyu, Laws, low-income households, mandalay, Mandalay Electricity Supply Corporation, master plans, Mawlamyine, mining, Myanmar, Myanmar Agricultural Development Bank, OECD, Pathein, private enterprise, private entrepreneurs, private sector, Regional Government, road transport infrastructures, Sittway, Small- and Medium-Sized Enterprises, SMEs, soft loans, Taunggyi, Tax Rates, tax system, Thailand, the Organisation for Economic Co-operation and Development, the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, traffic and urban problems, U Ye Min Aung, UMFCCI, Union Government, Vice-President, Yangon, Yangon Electricity Supply Corporation, Yangon Port
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