As part of ongoing efforts to liberalise the financial services industry and increase credit to the private sector, the Central Bank of Myanmar (CBM) has introduced regulations to facilitate foreign investment in domestic lenders.
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Sri Lanka’s progress with free trade agreements, finance reforms, and growth strategies for manufacturing and ICT should encourage increased foreign direct investment. Sri Lanka was named the top travel destination for 2019, and the government’s 2025 development strategy aims to increase public-private partnerships, nurture innovation and increase investment in special economic zones.
Articles & Analysis | Myanmar bourse boosted by foreign ownership liberalisation and new listing incentives from The Report: Myanmar 2019
Myanmar’s capital market has developed steadily in recent years. The Yangon Stock Exchange (YSX) welcomed its first initial public offering (IPO) in January 2018, three years after its inception, amid renewed efforts to encourage a growing base of eligible companies to list. As is the case with many young exchanges, the YSX is small and...
Interviews & Viewpoints | U Thein Zaw Tun, Managing Director, CB Bank : Interview from The Report: Myanmar 2019
How will the Myanmar Credit Bureau improve credit access for small and medium-sized enterprises (SMEs), and how is its rollout progressing?
Articles & Analysis | Private sector growth and foreign trade develop Myanmar financial services from The Report: Myanmar 2019
After decades of slow liberalisation, Myanmar’s insurance sector is on the cusp of a significant transformation. Several recent policy announcements indicate foreign companies will soon be permitted to conduct business in the country, more than 50 years after the sector was first nationalised. Myanmar’s 54m-strong population is almost...
Articles & Analysis | Mobile banking to improve penetration rate in Myanmar's unbanked population from The Report: Myanmar 2019
After several years of rapid expansion and double-digit credit growth, Myanmar’s banking sector underwent several necessary reforms in 2017 and 2018, as the Central Bank of Myanmar (CBM) moved to introduce new prudential regulations and reduce overdraft lending. Although foreign banks remain prohibited from participating in retail activities,...