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An IFC survey of 1,600 private equity and venture firms reveals that while 71% use AI, only 17% have embedded the technology into their core operations.
Increasing its financing exposure in Myanmar, the International Finance Corporation – the private lending arm of the World Bank – is extending a $21-million debt facility to four to six microfinance institutions in the frontier country. IFC will extend from…
Supermarket group Myanmar City Mart Holding Company (CMHL), the nation’s largest private retail group, is borrowing $25 million to finance a nationwide expansion. With more than 150 retail outlets in Myanmar, the company plans to build 20 more supermarkets…
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