ON DECEMBER 14, the European Chamber of Commerce in Myanmar, better known as EuroCham, published its second annual Business Confidence Survey. The survey found European companies had mixed feelings about the business environment and direction of the country’s economy. Frontier’s Kyaw Ye Lynn sat down with Mr Filip A Lauwerysen, the executive director of EuroCham Myanmar, to get a better understanding of how European companies see Myanmar as a place to do business.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
