Distributed solar solutions can help businesses in Myanmar bring down their power costs and climate impacts, a study by the International Finance Corporation (IFC) reveals. The study estimates that there are more than 700 megawatts worth of potential commercial and industrial solar projects in Myanmar, which is equivalent to around 10 percent of the country’s […]
Yangon Farmers market
May 8, 2019 by
The concepts of ‘Yangon City’ and ‘farming’ are difficult to connect. The smoggy, bustling roads and towering condos of the urban centre often do not even offer a view of any fertile land, though the fields are only a few miles away. It often seems that food magically appears at the supermarket or depots for […]
Loans grow to SMEs, but still not enough to ease concerns
September 14, 2015 by
Small entrepreneurs face a tough slog to receive bank loans. The World Bank’s 2014 Enterprise Survey listed access to finance as the largest single concern of local business, ahead of troubles accessing land, electricity and skilled workers. Domestic loans usually come with short terms and have a high bar for collateral. U Zin Phyo Paing, […]
Trade centre to be rebuilt after bombing
June 30, 2014 by
The Yangon Trade Centre rocked by a 2005 bombing will be re-opened, as the Ministry of Commerce has announced a tender for local investors to re-build the project. The building in Mingalar Taung Nyut township has sat unused after closing following the 7 May 2005 attack during a scheduled Thai commodity trade fair. Some 11 […]
