Prospect for women in changing Myanmar

Myanmar has undergone huge changes in recent years in an attempt to open the country’s doors to foreign investment and catch up with the increasingly modernised world. Looking at the largest city, Yangon, it is obvious that modernisation is creeping into the country, with multinationals including Mercedes, Chevrolet and Hilton entering the market, with many […]

Joint Ventures, Branch Offices First on Offer to Foreign Lenders: CB Official

YANGON — An easing of restrictions will likely allow foreign banks to enter into joint ventures with local lenders and open branch offices in Myanmara, according to Khin Saw Oo, deputy governor of the Central Bank. Responding to a report from Reuters that Myanmara would allow some foreign banks to start offering limited financial services […]