Eleven foreign, JV insurance companies granted licenses

Nov 30,2019
THE Ministry of Planning and Finance on Thursday granted licenses to five foreign life insurance companies along with three joint venture life insurance companies with foreign partners and three non-life insurance companies, set up as joint ventures between local and foreign insurers.
BMW to build electric Mini in China
Nov 29

White peanut markets open with stable price in central Myanmar
Nov 29

 

Hyundai Motor to invest $1.5 bln in Indonesia factory
Nov 28
South Korea's Hyundai Motor has signed a deal to build a $1.5 billion car plant in Indonesia, the company said, its first in southeast Asia, where Japanese carmakers dominate the market.
Audi to slash 9,500 jobs in Germany by 2025
Nov 27
German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles.
South Korean enterprises make inroads into Myanmar
Nov 27
The Republic of Korea has injected around US$ 150 million worth investment into Myanmar for construction of two industrial projects in Yangon and Bago Regions this fiscal year,
Alibaba shares surge almost 8% on Hong Kong debut
Nov 26
Shares in Chinese online retail giant Alibaba soared almost eight percent on their Hong Kong debut Tuesday, after raising at least $11 billion in the city's biggest IPO in nearly a decade.