Marsh Opens Myanmar Rep Office to Tap Insurance Broking Business

American insurance broking and risk management firm Marsh has opened its Yangon representative office in Myanmar. The Marsh Singapore Yangon Representative Office will conduct market research and feasibility studies for insurance broking business in Myanmar, and provide business support and liaison activities on behalf of Marsh Singapore’s businesses, the company said. Marsh Singapore is a […]

Taking stock of StanChart’s absence

Some local bankers are linking Standard Chartered’s decision not to proceed in the race for a Myanmar banking licence to reports of a possible management shakeup at its United Kingdom headquarters. Industry observers said the United Kingdom-based bank has the most international reach of the 42 banks with a Myanmar representative office. However, Standard Chartered […]

British launch new Chamber of Commerce

The British Chamber of Commerce Myanmar launched on July 16 about a month after receiving government approval, becoming the latest business group to formally open its doors in Myanmar. The organisation aims to provide a network for the business community to represent business interests, and will work with United Kingdom Trade and Investment to support […]

British Ambassasor: British Investors Interested but Cautious about Myanmar

RANGOON — British investment in Burma is on the rise, but problems on the ground in the Southeast Asian frontier market have some investors reluctant to commit, UK Ambassador to Burma Andrew Patrick said at a press conference on Thursday. Patrick, who took up his post in September, said that even though Burma’s transition to […]