fbpx

Govt in talks with Japan for low interest housing loan: official

The Union Government is cooperating with the Japanese government to provide housing loan with low interest rates, said Nilar Kyaw, the Regional Minister for electricity, industry and transportation during a regional parliament session held on February 25. She replied to a question raised by MP Kyaw Tun of No.2 Lanmadaw Constituency about when the buyers […]

Traders expect better business on wider trade financing options

Now that the Central Bank of Myanmar (CBM) has allowed a total of seven foreign banks to provide trade financing services in Myanmar, traders are anticipating much better business in the months ahead. Last December, the CBM permitted 13 foreign banks to apply for approval to offer trade financing services in the country. Since then, […]