TOKYO -- Daiwa Securities Group will launch microfinance services in Myanmar through a joint venture, diversifying its portfolio there to tap the growing economy.
Japanese brokerage expands operations in emerging economy

Algae is collected at a lake in Myanmar for use as fertilizer. Daiwa Securities will enter the business of microlendiing in the country to low-income people. © Reuters
TOKYO -- Daiwa Securities Group will launch microfinance services in Myanmar through a joint venture, diversifying its portfolio there to tap the growing economy.