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Unblocking the path to capital freedom for SMEs

Myanmar’s financial sector must progress towards becoming more inclusive of small and medium enterprises (SMEs), which form the backbone of the country’s economy, but face difficulties obtaining access to funds for expansion and growth. “We need to liberalise the financial sector to encourage start-ups and support SMEs. This involves integrating the full-range of financial services […]

Pay Hike for Civil Servants Unlikely

Hopes for a pay rise this month will likely remain a pipe dream for civil servants, according to an official from the Ministry of Planning and Finance. The ministry official said no recommendation on increasing the salaries of civil servants had been made during the parliament meeting to discuss the Union budget, denying rumours that […]