WPP invests in Myanmarian ad agency
Media giant WPP has entered into an agreement to buy a stake in Myanmar-based advertising agency, Today Advertising.
Media giant WPP has entered into an agreement to buy a stake in Myanmar-based advertising agency, Today Advertising.
The company, based in Yangon, employs 60 people, and WPP's investment continues its strategy of "developing its services in fast-growing and important markets and sectors," the group said today.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Today Advertising will be incorporated into WPP's Asia Pacific region division, which generates a quarter of the group's revenues per annum and employs around 42,000 people.
BC
-
‘Why I have ditched my Help to Buy ISA for cash savings and the stock market’Without the 25% bonus, my Help to Buy ISA is effectively redundant, says MoneyWeek writer Sam Walker.
-
Is your inheritance tax allowance cut if you sell to downsize or sell your home to pay for care?Downsizing relief is a little-known benefit that could save your loved ones tens of thousands of pounds in inheritance tax after you’ve died.
