Wednesday, September 20, 2017

Banking & Finance 2016

Big leaps ahead in digital banking, insurance sector in-focus, tips for investing in Myanmar's new bourse, and more on money, banking, and finance in our 2016 Banking & Finance Special Feature!

Business and the money trap
SMEs need money to expand, but so many don’t qualify for loans simply because they are not registered as businesses.

Modern banking and the big leap Myanmar must make
U Thein Zaw is the executive vice chair of Shwe Bank and was a member of the board of the Central Bank of Myanmar from 2007 to 2010. In an interview with The Myanmar Times, he shares his views on banking policies and services, and the overall economy.

Advantages of modern mobile banking
Banking systems need to be effective, efficient and in touch with technology, writes Asia Green Development Bank managing director Htoo Htet Tayza.

Confusion still reigns in taxation
After serving a group of diners at a trendy restaurant in Nay Pyi Taw, the waiter whispered to the customers, “Would you want the receipt with or without a tax stamp?” It’s not a question that should be asked, but frequently shoppers and diners are hit with this question when they take out their wallets to pay. An interesting paradox to note: Aside from local customers, this restaurant in Nay Pyi Taw is regularly patronised by local lawmakers too.

People-friendly services UAB’s priority
Bank CEO U Thein Lwin speaks candidly about modernising the banking sector, rising foreign competition and the country’s economic potential.

Pay a little, manage your risks
Insurance is seen as a sunrise industry, but there are hurdles to overcome – and public awareness is just one of them.

The ups and downs of stock market trading
With many new to the game, the first thing to do is to gain knowledge before even a single kyat is invested.

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