COVID-19 has allowed us to look at new business models: YGA Capital’s Ko Ko

The National League of Democracy’s resounding victory in Myanmar’s national elections this month, ensuring that Aung San Suu Kyi serves a second five-year term, is set to stimulate stronger investor confidence in the country. While deals are set to pick up in key sectors such as infrastructure, healthcare, and education, the country offers opportunities in […]

Myanmar exporters concerned over falling dollar rate

Traders are concerned about international demand and export revenues in Myanmar, which have taken a hit as a result of lower demand and a weaker dollar exchange rate. The Central Bank of Myanmar’s (CBM) reference exchange rate was set at K1287.4 per dollar on November 3, its lowest level in two years. “The dollar price […]

State bank lowers interest rates on loans to farmers to stimulate growth

State-owned Myanmar Agricultural Development Bank (MADB) – the largest small loan lender in the country – will lower interest rates on loans to farmers to stimulate growth next month, according to officials. The rate will drop from a current 8.5 percent to 5pc in June, MADB Mandalay Region manager Daw Khin Pyone Yi said. “We […]