World Finance

CB Bank successfully adapting to meet the needs of a new generation

May 8, 2018 by Thiha

Economic liberalisation came relatively late to Myanmar, but the country has been working hard to make up for its slow start. Following a military coup in 1962, the country was governed by an oppressive dictatorship and subsequently experienced the ignominy of being rated one of the least developed and most corrupt nations in the world. […]

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Can family businesses be transparent?

April 20, 2018 by Thiha

I agree that family businesses are the bedrock of the global economy,” says a friend who works in a multinational corporation. “Our company started as a family business in the United States a century ago.” “But the problem with many family businesses in Asia is they are veiled in secrecy,” she adds. “They are so […]

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Insurance liberalisation must strike delicate balance in Myanmar

February 2, 2017 by Thiha

Insurance is normally a highly competitive industry, but in Myanmar – only recently opened to the international market – that competition is highly controlled. Nyo Myint, Vice Chairman of IKBZ Insurance, explains that although the monopoly of the state-owned Myanma Insurance has ended, the country’s 12 insurance companies are still relative novices. Myanmar’s insurance industry […]

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