The Business Times
business-time-50
SUBSCRIBERS

OCBC gets nod for Myanmar branch; UOB next in line

google-preferred-sourceAdd BT as a preferred source
Published Thu, Apr 2, 2015 · 09:50 PM

Singapore

OCBC on Thursday said that its branch in Myanmar will commence operations this month, after the bank received final regulatory approval from the Central Bank of Myanmar.

UOB told The Business Times that it expects final approval soon, too, and should open its first branch in Myanmar in the next few months.

UOBDBSOCBCSingapore banksMyanmar

TRENDING NOW

Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

Shoppers in Myeong-dong in Seoul. Tourists in the Asean+3 bloc (comprising Asean's 11 member states and China, Japan and South Korea) increasingly do not carry cash, nor do they need to change currency for their trips.

Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead

A wind farm in South Sulawesi. Indonesia could deliver around 3 gigawatts of renewable energy capacity to Singapore.

Indonesia targets year-end start for US$30 billion clean power exports to Singapore

The benchmark Straits Times Index is up 3.23 points at finish at 4,946.

Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More