Fishery sales keep slipping away

U YAQOUB says there is no question whether the fish business is in crisis. A 50-year-old resident of Kyimyindaing township, he employs two regular workers to meet local demand for the important protein source. He meets with brokers representing fish farms, negotiates the price and finalises orders. When the fish arrive, they are weighed and […]

Credit bureau coming

Credit rating is still on track to start during 2014, though delays in gathering data, particularly from small enterprises, are still being faced, industry sources said last week. The Central Bank’s department of financial institutions supervision, with technical support from a Singapore credit corporation, is preparing for the emergence of a credit bureau or rating […]

Private Banks need to prove they are clean as only 12 out of 22 in the top taxpayers list

Of the 22 private banks in Myanmar, only 12 have been listed as top taxpayers, according to the Ministry of Finance and Revenue. According to documents covering the 2011-2012 fiscal year, only 10 private banks are included on the official top 100 income taxpayers list. Only 12 private banks are included on the official top […]