Fullerton Myanmar welcomes IFC’s investment, expanding access to microenterprises

Fullerton Finance (Myanmar) Company Limited, a licensed microfinance company in Myanmar, announced that IFC, a member of the World Bank Group, has made a $1.2 million equity investment in the company to help the microfinance provider expand lending to smaller businesses and individual borrowers. Myanmar’s financial system is in an early stage of development. Just […]

Despite low rating, Myanmar business climate improving – World Bank

For a country rolling out economic reforms at a startling pace, Myanmar’s lowly ranking among the likes of Eritrea and Chad for ease of doing business might set off alarm bells for would-be foreign investors. The good news for firms interested in tapping the country’s natural resources, tourism potential and urgent infrastructure needs is Myanmar […]

Thai businesspeople too slow to move into Myanmar, long-timer says

The Myanmar Investment Commission granted licences to 33 companies in the first four months of the year, whose total investment amounted to US$815 million (Bt25 billion). Yes, some of them are from Thailand, but a pioneering Thai businessman believes his countrymen are moving into Myanmar too slowly. Having been in the neighbouring country for 22 […]