A luxury housing bubble helped to enrich members of the military and their associates in the decade of reforms that preceded the 2021 coup, but a subsequent exodus of foreign professionals has tanked the rental market – possibly beyond repair.
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
