The post-coup economic crisis has rattled the fishery sector, pushing many fishermen to pack up their poles and seek risky work abroad, while businesses shutter or fish for new buyers – but few are taking the bait.
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