CNI News

26 June 2026

Regarding financial investment, Myanmar President U Min Aung Hlaing stated that instead of investing heavily in real estate markets, banks could better support national economic development by allocating more funds to manufacturing and businesses.

He made these remarks during the Central Committee Meeting for the Development of Micro, Small, and Medium Enterprises (MSMEs) held on June 25, 2026.

President U Min Aung Hlaing said, "Regarding MSME development, I want people to understand the policies and know how to achieve continued success in their respective regions. In terms of financial investment, banks can assist national economic development by steering away from massive investments in real estate markets and focusing more on manufacturing and commercial enterprises."

The Central Committee Meeting for the Development of Micro, Small, and Medium Enterprises (MSMEs) being held on June 25, 2026

Private banks in Myanmar are currently engaged in real estate market investments and offer services that enable property purchases through bank loans.

Similarly, money launderers are also investing in real estate markets, causing property prices to skyrocket exponentially.

President U Min Aung Hlaing added, "MSMEs are businesses that can operate in large numbers with minimal capital. If their basic needs can be fulfilled, they can significantly bolster the country's economy, which is why we are encouraging and supporting MSME businesses."

He further noted that MSMEs play a pivotal role in a nation's GDP growth. He stated that supporting MSMEs aims to boost the national economy, enhance domestic manufacturing, promote import substitution, and increase foreign currency earnings by producing value-added goods for export.