| Mobile Web

Search results for Myanmar

Finance

JB Financial pursues acquisition of two Kyrgyz finance firms in first entry into Central Asia

JB Financial Group is pursuing the acquisition of two financial companies in Kyrgyzstan, marking its first entry into the Central Asian market. It said affiliate JB Woori Capital signed a deal to buy 100 percent stakes in Korky Credit and Korky Leasing from their parent, Epoque Co. The companies plan to complete required approvals and registrations and close the transaction within this year. JB Financial aims to expand used-car financing.

Crypto

Japan FSA raises concerns over crypto firms steering users to dealer model

Japan\'s Financial Services Agency has voiced concern that crypto firms may steer users toward the more profitable dealer model, and plans to examine whether trading screen layouts and guidance nudge customers into unfavorable choices. It said it discussed the issue with an industry body in July. The agency will continue talks based on firms\' legal duty to act fairly. It will also tighten face-to-face ID verification from April 2027 and urged compliance with FATF-related measures.

People & Appointments

LG Electronics volunteers for second straight year to improve education environment in Myanmar

LG Electronics employees are volunteering in Myanmar for a second consecutive year to help improve education conditions for young people. The company’s Life’s Good volunteer group is carrying out activities from Sept. 7 to 11 at the Takeda Education Center in Yangon. Volunteers are building a youth vocational training facility and rest area, painting and drawing murals, and working on an outer wall. They also plan to deliver 400 kits of daily necessities to nearby low-income households.