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Borrows $1.5m in Local Currency from Grameen Credit Agricole ...The Grameen Credit Agricole (GCA) Foundation, whose head office is in Luxembourg, recently informed MicroCapital that it has lent local currency approximately equivalent to USD 1.5 million in favor of Proximity for on-lending in rural ...
Easy MicrofinanceYoma Bank has extended a total loan of K8 billion ($5 million) to CDC Group-backed MC Easy Microfinance Co Ltd (Easy Microfinance), which operates in , according to an announcement. Yoma extended the first tranche of K4 billion ($2.5 ...
Courts Asian Powers Wary of China's SwayTokyo has announced it will the development of key infrastructure projects, including a rail line between Yangon and Mandalay, the nation's two largest cities, for which it has committed around $500 million in low-interest loans this year.
MSP's $7m heavy equipment rental... returns for our Yoma Services division in the years to come,” Melvyn Pun, Yoma's CEO, commented, adding that the deal makes the company “a first mover” in the of construction equipment and heavy machinery in .Yoma Strategic Enters Heavy Equipment Rental Sector
micro-insuranceThe introduction and expansion of a micro-insurance market in will help to build the resilience of households and small businesses, protecting them from and other shocks through products such as health, life and asset insurance. So
morning news for October 18In , three senior journalists who were arrested after raising questions about the government's public spending will remain in jail until their next hearing. The three are from Eleven Media, the country's largest private newspaper. Leong Wai Kit
Heavy Equipment in Yoma Strategic Holdings' Yoma Fleet, the automotive and heavy equipment platform subsidiary of Yoma Strategic, entered into a framework agreement establishing an exclusive partnership with Myan Shwe Pyi Tractors (MSP CAT), the authorized ...
the restoration of Yangon's SecretariatBy FRONTIER. YANGON — largest private lender, Kanbawza Bank, said Thursday it would the entire restoration of the Secretariat, one of most historically important buildings, as a mixed public and commercial development.