Koreans launch new Chamber of Commerce, targets more investments

The Myanmar Korean Chamber of Commerce and Industry (MKCCI) launched on December 22 became the latest business group to formally open its doors in the country. The organisation aims to support investments and businesses from the two countries and to boost Myanmar’s economic growth, said Tong Soo Chung, MKCCI’s chair, during the launch. There are […]

Korean insurer quits Myanmar as investor patience runs dry

South Korea’s largest insurance company has left Myanmar as business patience over the government’s delay in liberalising the insurance market is in short supply. Samsung Life Insurance, a subsidiary of Samsung Group, ceased operating in Myanmar last August, a representative of the Myanmar Korean Chamber of Commerce and Industry (MKCCI) confirmed with The Myanmar Times. […]