Korea’s Exim Bank to open representative office in Myanmar

YANGON—The Export-Import Bank of Korea is now planning to open a representative office in Myanmar where there are more than 30 representative offices of international banks, according to the bank. On December 18, the Directorate of Investment and Company Administration allowed the bank to open a representative office in Yangon to operate banking and financial […]

Investment Commission Could Have Wings Clipped

The Myanmar Investment Commission (MIC), the body that vets would-be foreign investors into Burma, could have its discretionary powers curbed as part of a review of investment policy being undertaken by the Burma government and the Organization for Economic Co-operation and Development (OECD). Dr Khin San Yee, Burma’s Deputy Minister of National Planning and Economic […]