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Htoo Group in talk with Korea’s NH Financial to tap insurance market

NongHyup Financial (NH), a holding company of Korea’s national agricultural cooperative, will team with its insurance units to enter the insurance market in China and Southeast Asia, NongHyup said Sunday. But what is the reason for this sudden desire to sally forth and explore uncharted or under-explored territory? And why has it taken the company […]

Davos 2018: China’s economic shift and implications for Myanmar

Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar will remain a priority for Chinese investment, while China’s fast-growing middle-income population, especially those in the southwest, presents a crucial market for Myanmar’s growth-oriented businesses as well […]

Saigon-Hanoi Joint Stock Bank Enters Myanmar Market

The event marks an important step for the bank as it is not only present in Indochinese markets but also the Southeast Asian region. The State Bank of Vietnam (SBV) recently approved SHB’s plan to open new branches in Ha Tinh, Dak Lak, Ha Nam, Binh Dinh and Tay Ninh provinces. These will become operational […]

Kamayut Data center launches

Kamayut Data Center launched yesterday in Yangon, offering sales of server collocation space. The center comes after Myint & Associates Telecommunications Ltd (Myint & Associates Telecoms) signed a resale agreement with NTT Communications Ltd (NTT Communications) yesterday. The agreement will enable NTT Communications to resell server collocation space, available from Myint & Associates Data Center […]

Direct Seller QNet Enters Myanmar Market

Hong Kong-based direct selling firm QNet said it has entered the buoyant direct selling sector in Myanmar in a bid to tap entrepreneurs without business background. Direct selling is the marketing and selling of products directly to consumers away from a fixed retail location. The size of the global direct selling industry is $178.5 billion. […]