FTSE 100 listed advertising multinational WPP has reported that Y&R Advertising has opened Y&R Yangon, making it one of the first international networks to open a majority-owned advertising agency in Myanmar.
The group said that Y&R Yangon represented a joint venture with local partner K-Noke Advertising and would be led by Khin Myat Thu as General Manager, John Kyaw Myo Htun as New Business Development Director, and Aung Kyaw Oo as Director.
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WPP's businesses including associates in the Asia Pacific region generate revenues of $5.0bn and employ approximately 47,000 people.
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