Attempts will be made to lower interest rates at the Myanmar Agricultural Development Bank (MADB) so that it is able to support the entire agriculture supply chain, according to U Kyaw Win, Union Minister for Planning and Finance. He said that in the 50 years during which MADB has provided loans to farmers, the sector […]
Mandalay Coffee borrows $596K from Yoma to double export volume
March 28, 2018 by
Mandalay Coffee Group (MCG) has signed a funding agreement with Yoma Bank last week to provide K800 million (US$596,000) financial support to coffee farmers to improve their output. MCG is a coffee processor and exporter based in Mandalay, comprising 42 individual shareholders who are involved in different parts of the coffee business supply chain, such […]