Central Bank permits loans without collateral at 16pc interest rate

Thura NewsViews

Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss

Myanmar banks have been permitted to extend loans without the need for collateral at a maximum lending rate of 16 percent

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …

Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss

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