Success and survival: How Yoma Strategic is building its future
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.
MikeTyes
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.
July 11, 2023
The last two to three years have been challenging for Myanmar. First, there was the Covid-19 pandemic which impacted society and disrupted livelihoods. Then in February 2021, the military organised a coup to overthrow the civilian government, reversing the country’s democratic progress and causing a political, economic and humanitarian crisis.
According to the World Bank’s latest Myanmar Economic Monitor, the market’s economy will continue to experience significant uncertainty, with household incomes remaining inadequate and the country’s potential for inclusive growth severely weakened by recent shocks.
In spite of these challenges, Myanmar’s leading conglomerate, Yoma Strategic, has shown signs of resilience and strength, as is demonstrated in...
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