KBZ Appoints New CEO

RANGOON — Burma’s largest private bank, KBZ, has hired a banking expert to act as a special advisor to the bank’s chairman U Aung Ko Win. The announcement from KBZ on Thursday said special advisor Mike DeNoma was also appointed chief executive officer of the bank while the KBZ heiresses executive directors Daw Nang Lang Kham and Daw […]

Post-Sanctions Myanmar the New Frontier for Global Business

YANGON/TOKYO — The end of long-standing U.S. sanctions on Myanmar companies linked to the former military government is cause for celebration in both countries, opening up a slew of previously off-limits business and investment opportunities. The U.S. Treasury Department lifted all financial sanctions on the Southeast Asian nation Friday after months of dogged appeals by […]