The ultimate commerce restrictions on Myanmar had been lifted by the outgoing US President’s authorities in October 2016, marking the ultimate step within the years-long rehabilitation for the beforehand remoted nation. Nyo Myint, Senior Managing Director of KBZ Group, explains what this indicators for the nation’s ecomomy and trade, and descriptions some challenges the nation nonetheless faces. Constructing belief in Myanmar’s banks, he explains, means increasing their bodily department networks, in addition to investing in cellular banking and fintech. Plus there may be nonetheless work to do in catastrophe restoration and different company social accountability initiatives – and an ongoing human capital problem.
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