Local small and medium enterprises are having difficulties getting loans as they cannot provide adequate data about their business, said Yangon Chief Minister U Phyo Min Thein at a December 8 monthly meeting between business leaders and the Vice President of Myanmar. Most SMEs are not registered and do not keep records of tax payments […]
Poor Record Keeping Hurts SMEs’ Chances of Getting Loans
December 18, 2019 by Thiha
Filed Under: Latest News Tagged With: Chances, Loans, Local small and medium enterprises, record, SME
Businesses, government must embrace digital technology to stay relevant
November 15, 2017 by Thiha
To develop and expand, Myanmar must embrace and keep up with the pace at digital technology is changing the economy and the way companies do business around the world, tech experts at the Digital Transformation Summit said. The summit was jointly held by the Myanmar Federation of Chamber of Commerce and Industries (UMFCCI) and US […]
Filed Under: Latest News Tagged With: Arturo Planell, bank transfers, business advertisements, Businesses, Cisco Systems in Myanmar, concrete laws and regulations, country manager of Visa for Myanmar, country representative, Credit Cards, cyber security laws, Digital Systems, digital technology, Digital Transformation Summit, e-commerce platforms, Facebook, Google, Grab, Information and Communications Technology (ICT) Council, Local small and medium enterprises, Microsoft, mobile phone penetration, Myanmar Federation of Chamber of Commerce and Industries, Oracle, privacy software, proper cyber security, Rakhine Ethnic Affairs, retail and tourism, ride-hailing apps, SEA director at Microsoft, SMEs, social media sites, Tan Bin Ru, tech-savvy systems, traditional manual system, U Moe Kyaw, U Sy Wann, U Thaung Tin, U Zaw Aye Maung, Uber, UMFCCI, UMFCCI vice chair, vice chair of UMFCCI, visa, VM Ware, world’s largest Internet and tech firms, Yangon Region Minister