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 […]

In Myanmar, Newly Free Media Struggle to Turn a Profit

YANGON, Myanmar — Myanmar’s journalists celebrated this year when the government lifted a five-decade ban on private newspapers. But six months after a dozen dailies rushed into production, journalists who had withstood the wrath and cruelty of a military dictatorship are struggling against something much more mundane: market forces. Despite expectations of pent-up demand, publishers […]