Myanmar’s central bank has opened up the local market to international payment companies such as Visa and MasterCard. But how will they help modernise the payments sector and drive financial inclusion in this newly opened frontier market? Stefania Palma investigates.
Latest articles from Myanmar
As Thailand loses some of its allure, Japan’s big banks are following their corporates into Cambodia, Laos, Myanmar and Vietnam, using their Thai subsidiaries as strategic partners. Peter Janssen reports.
Myanmar is on the cusp of a mobile and financial technology revolution. How can emerging local banks harness this development? And is the rise of fintech an opportunity or a challenge? Peter Janssen reports.
As the Association of South-east Asian Nations enters the last year in the run-up to its planned economic integration, Singapore, Thailand and Malaysia are on track to harmonise their capital markets, while others are dragging their feet.
A closed economy for nearly 50 years, the opportunities that have opened up in Myanmar are endless, especially in telecommunications and banking. Brian Caplen looks at how players from these sectors are collaborating and innovating in order to tap into the country's huge potential, and examines the hurdles still facing foreign entrants to the market.
After decades of underperformance while under military rule, Myanmar is heading for a period of rapid growth, but much work still needs to be done to address the country’s infrastructure deficits, poverty and its underdeveloped banking sector.
The Greater Mekong Delta sub-region of Cambodia, Laos, Myanmar, Thailand and Vietnam has been posting stellar growth figures in recent years, and looks set to continue this trend. However, each country within the region has its own social, political and economic hurdles to overcome. Stefania Palma reports.
As Myanmar is welcomed back into the international fold, the implications for the Association of South-east Asian Nations, and Asia as a whole, could be huge if the country's economic and logistical potential is delivered upon.
Delegates at the annual Asian Development Bank meeting in Manila had their attention firmly focused upon another continent – Europe – and what the economic problems in the region may pose for its trade and financial activity in Asia.