Fighting against potential financial risks

Reading through the 7/2017 directive by the Central Bank of Myanmar (CBM) on the implementation of the Asset Classification and Provisioning Regulation, the words and phrases that captured my attention were: “cash flow pattern of the borrower”, “credit risk analysis” and “term loans with up to a maximum maturity of three years.” These technical terms […]

Yangon Govt to Seize 80% of Idle Industrial Land from Speculators

YANGON — Yangon’s Industrial Zones Management Committee has received business proposals for only about 20 percent of the idle land holdings in divisional industrial zones by a government-imposed deadline this week, according to Myat Thin Aung, chairman of the Hlaing Tharyar Industrial Zone. The divisional Industrial Zones Management Committee, under Yangon’s Department of Human Settlement […]