The junta’s unveiling of a new bank note has spooked already jittery markets, with real estate prices in particular jumping to record highs in Mandalay and Nay Pyi Taw.
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
