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In this exclusive interview, JR Ching, CFO of Yoma Strategic Holdings, shares how the Myanmar conglomerate is navigating the ongoing domestic crisis and emerging with a stronger balance sheet.
Min Aung Hlaing rewards his favorite businessmen for showing up at such events, though they keep a low profile to avoid domestic boycotts and international sanctions.
According to campaign group Justice for Myanmar (JFM) the International Finance Corporation (IFC) of the World Bank Group is divesting from Myanmar’s Yoma Bank after its business with military companies was exposed.
Rights group calls on World Bank and international investors to pressure Yoma Bank to cease its business relationship with Mytel’s military-backed operator.
The NGO Justice for Myanmar has raised concerns over Yoma Bank’s relationship with the illegally-installed Myanmar junta.