Trade at Yangon Stock Exchange unlikely to start until March 2016

Myanmar Vice President Nyan Tun marked the opening ceremony of the Yangon Stock Exchange (YSX) by ringing a bell on Wednesday with six local campanies listed. Yet officials say it is unlikely that any trading will take place until March 2016. Finance Minister U Win Shein said that YSX would only be open to Myanmar […]

Myanmar aims to reduce poverty level by 10%

YANGON: Myanmar aims to reduce its poverty level by an ambitious 10 per cent to 16 per cent by next year. Myanmar’s Vice President Nyan Tun made the announcement to some 8,000 workers at a rural development event in Yangon. Earning just US$2 a day is common for many in Myanmar, and the government wants […]

Myanmar-China gas pipeline starts to deliver gas to China

MANDALAY, Myanmar – A Myanmar-China natural gas pipeline (Myanmar section), co-invested by six parties from four countries including China, Myanmar, South Korea and India, was inaugurated in northern Myanmar’s Mandalay on Sunday and started to deliver gas to China. At about 4:12 pm (local time), Myanmar Vice President U Nyan Tun, Energy Ministers U Than […]