On Sept 5, AmCham was honored to host Jeh Johnson, Former U.S. Secretary of Homeland Security, for a special luncheon event where he shared his insights on U.S. national security and international affairs.
Myanmar has made strides to create a business friendly regulatory environment. The government has decreased the days required to start a business in Myanmar from 76 days in 2014 to 13 days in 2016 by simplifying the process , specifically removing the need to submit a reference letter and a criminal history certificate.
Yunfeng Financial Group Ltd, the company backed by Alibaba billionaire Jack Ma, agreed to buy an Asian unit from Massachusetts Mutual Life Insurance Co to add offerings such as death benefits and annuities.
McDonald’s will increase its number of stores in China and Hong Kong to 4,500 by the end of 2022, up from 2,500 currently, as part of a strategic partnership with Citic Ltd, CITIC Capital Partners and the Carlyle Group.
The price of ivory in China has dropped sharply as that country plans to end the legal trade in ivory later this year, a leading elephant conservation group said in a new report. That’s great news for the world’s largest land animals.