SMEs need more funding, support system to expand further

Efforts to support small and medium enterprises (SMEs) over the past three years have so far not been sufficient to generate meaningful growth for the economy, experts said. While a higher volume of loans were dished out by state-owned and local banks, only a few SMEs have successfully expanded their operations in the past three […]

Fishermen compensated for years of unpaid work

After a long fight, a handful of Myanmar fishermen yesterday received compensation for their work on fishing trawlers plying remote Indonesian waters. Out of the 105 fishermen repatriated to Myanmar on September 6, 65 were sent reimbursements yesterday, according to the Myanmar embassy in Jakarta. “We are discussing with the fishery companies to get compensation […]