03/31/2016

Ifc signs advisory services accord with UBL

International Finance Corporation, a member of the World Bank Group, recently signed an advisory services agreement with United Bank Limited to help boost access to finance for small and medium enterprises and spur economic growth.

03/28/2016

KB, Korea Investment vying for Hyundai Securities

The two were competing hard to acquire the securities firm with 3.2 trillion won ($2.7 billion) assets to compete more effectively Mirae Asset Group, which has become Korea's largest brokerage house after taking over Daewoo Securities for $2 billion

03/28/2016

Gets its first public listing

First Myanmar, Myanmar Citizens Bank and Myanmar Thilawa SEZ are among the initial batch of six companies approved for listing

03/28/2016

Expand fund for African cooperation by US$600 mln

South Korea will inject a fresh US$600 million into its overseas cooperation fund by 2018 to help African countries launch massive infrastructure-building projects, the finance ministry said Monday.