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Tough Tax Policy, Lack of Capital Access for Myanmar SMEs

Small and medium enterprises (SMEs) in Myanmar suffer from arduous tax and monetary policies and lack of access to capital and intellectual property protection. SME owners feel the government needs to address these issues as there are no business category for entrepreneurship and opportunities in emerging fields, such as digital applications and software. Taxes are […]

In ASEAN’s Fastest-Growing Market, SME Development Barred by Obstacles

Local small and medium-sized enterprises (SMEs) in ASEAN’s fastest-growing market are unable to develop and grow because they are bogged down by a slew of bureaucratic and administrative difficulties, business leaders and politicians said. Local businesses in Myanmar have been suffering from challenges such as lack of access to capital and intellectual property (IP) protection […]