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

IFC converts loan into equity to own 5% stake in Myanmar's Yoma Bank

IFC takes 5 percent stake in Yoma Bank

The International Finance Corporation (IFC) has become the first international investor in a Myanmar bank. The IFC now takes a five percent stake of Yoma Bank, a conversion of a previously agreed USD 5 million loan. The investment arm of the World Ba

Highlights

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, …

Thura NewsViews

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IFC takes 5 percent stake in Yoma Bank

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Highlights

Terminals, ports, logistics, liner operations disrupted

Facebook, Instagram ban military and related pages with immediate effect

Luxury Japanese real-estate complex called out for funding military

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Thura NewsViews