Foreign banks get gradual access to market

Though foreign banks are hoping to enter the banking market in Myanmar as quickly as possible, more regulation and infrastructure – and a number of intermediary arrangements – are needed before that can happen, officials told an international banking and finance conference in Yangon on July 16. Daw Naw Eh Hpaw, deputy director general of […]

Banking conference touch upon the 2 contrasting face of Myanmar

Investors, bankers, entrepreneurs, consultants, delegates and businessmen—all flock to conquer a stake in the world’s final financial frontier. Buzzing with excitement, 250 guests from 10 countries gathered on July 16 at the inaugural Myanmar Banking and Finance conference at the Trader’s Hotel in Yangon, here to learn of Myanmar’s banking and financial reforms, foreign exchange […]