How do you assess the strength of Myanmar’s banking regulatory framework?
The successful implementation of the second wave of reforms associated with the Myanmar Sustainable Development Plan will focus on peace, stability and good governance, and will help us achieve the UN’s Sustainable Development Goals. Although the economy slowed to about 6.2% between April to September 2018, due to weakening external and...
How will changes to the Insurance Act affect the operating environment in the insurance sector?
One of the main aims of Papua New Guinea’s banking sector is to foster the development of micro-, small and medium-sized enterprises (MSMEs). In emerging markets such as PNG, MSMEs play a critical role in economic growth. However, the expansion of small businesses has been slow in comparison to other countries in the region – there are an estimated 49,500 small and medium-...
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