SINGAPORE (Oct 6): Myanmar’s Kanbawza Bank announced that a new office in Singapore, making it the first bank from Myanmar to land in Singapore’s shores.

The Singapore office opening follows an office opening in Thailand, signaling the bank’s goal of being Myanmar’s commercial presence in Southeast Asia and the world. Kanbawza Bank got the nod from the Monetary Authority of Singapore earlier this year in June, to set up a representative office.

Kanbawza Bank says the Singapore office will be a trove of information for businesses looking for advice and expertise on Myanmar, with information on regulatory requirements, market research, feasibility studies on investment and business opportunity, as well as private sector liaison services.

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