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What kind of role do SMEs play in Burma and how are they doing? More tourists are finding their way to Burma, is that necessarily good? A new report shows Burma has a long way to go in terms of that succesful implementation of the law.
Let us know if there’s anything else you heard or read about Burma that could be of interest to our readers!
Small businesses
Small and Medium Entreprises (SME) are key to the development of any economy and this is no different in Burma. In order for more people in Burma to create a better livelihood for themselves, SMEs need to nurtured and developed. This week we saw several articles on challenges and opportunities these SMEs are facing:
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Photo by jennifer.stahn Image may be NSFW.
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Many SMEs can be found in Burma’s tourist industry and although this segment is growing, local companies are starting to face stiff competition from international players. Travellers are used to using online tools to make travel decisions and the examples of Thailand and the Philllipines have shown what impact this can have on the ‚little man‘. According to this article the government should play a more active role in helping these SMEs to survive and thrive. » Continue reading on www.ecoburma.com.
