KB Kookmin Bank signs MOU with Myanmar’s Construction and Housing Development Bank

SEOUL, Feb. 17 (Yonhap) — KB Kookmin Bank, a major South Korean bank, has signed a memorandum of understanding with Myanmar’s Construction Ministry and its state-run Construction and Housing Development Bank, KB Financial Group said Friday. Under the deal, KB Kookmin Bank plans to provide financial support to Myanmar’s plan to expand houses for its […]

Applications for public rental housing to open in February

The Yangon Region government will start accepting applications in February for public rental housing for people who cannot afford to buy homes, according to Kyaw Soe, the regional minister for forestry and energy. At the special session of the Yangon Region parliament yesterday, the regional minister replied to a question raised by Dr Nyo Nyo […]

Licences to be issued at SEZs

Licences to invest in Myanmar special economic zones will soon be issued at One-Stop Service Centres within the zones. According to the special economic zone by-law, this provision is being introduced for the convenience of investors. One-Stop Services Centres in SEZs will provide services such as company registration, visa application, labour registration and import and […]