ASEAN Economic Community Strategy Center

Myanmar: Credit guarantee insurance not helping small businesses

Credit guarantee insurance was introduced under the former government in 2014 but the system has not been widely adopted by banks and businesses. As a result, financial support for SMEs remains inadequate. So far, CB bank has offered loans to 21 businessmen, KBZ has given loans to only three, and banks are still unable to […]

Laos Expected to Enjoy Economic Growth through 2018

The Lao PDR’s economic growth is picking up this year and is expected to continue growing in 2018, supported by the expansion of production, sale of electricity, buoyant service sector growth, and construction of the cross-border railway project, an Asian Development Bank report pointed out. The ADB’s flagship annual economic publication, Asian Development Outlook (ADO) […]

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Myanmar: Credit guarantee insurance not helping small businesses

Laos Expected to Enjoy Economic Growth through 2018