IBK to begin operation in Myanmar this month

The Industrial Bank of Korea said Sunday it will officially launch and operate a local in subsidiary Yangon, the largest city of Myanmar as early as this month, which marks its third overseas unit, following its operation in China and Indonesia. Branded as IBK Bank Myanmar, its new overseas subsidiary was designed to handle various […]

Myanmar extends COVID-19 preventive measures until January 31

The Myanmar government has further extended COVID-19 preventive measures in the country until January 31, 2021 to curb the spread of COVID-19. The National Level Central Committee on Prevention, Control and Treatment of COVID-19 announced December 29 that it will extend restrictions [excluding those which are to be relaxed or tightened further] to January 31 […]