High Rates on Loans for Affordable Homes Are ‘Shutting Poorer Families Out of the Market’

The interest rates charged by banks on loans used to help low-income families purchase affordable hous­ing units are too high, the Chairman of the Myan­mar Real Estate Services Association has said. U Khin Maung Thant said that while it was a“great thing” that banks were providing loans to help people buy afford­able apartments, the rates […]

Little growth without loans for small firms

Fujiyama Printing Press would like to grow. The firm sees an opportunity to muscle in to the business of printing daily newspapers, with what it claims is a clear business case and interested customers lined up. Expanding small printing businesses such as this one in Yangon can be an expensive affair. Photo: Thiri Lu / […]