The government is working together with the private sector to promote locally produced goods, including those made in the states and regions beyond Yangon. The aim is to export the goods and narrow the trade deficit, which is in line with the National Export Strategy. Last week, the Union of Myanmar Federation of Chambers of […]
Fighting against potential financial risks
February 6, 2018 by
Reading through the 7/2017 directive by the Central Bank of Myanmar (CBM) on the implementation of the Asset Classification and Provisioning Regulation, the words and phrases that captured my attention were: “cash flow pattern of the borrower”, “credit risk analysis” and “term loans with up to a maximum maturity of three years.” These technical terms […]
