Lighting & Equipment sets up unit in Myanmar

Lighting & Equipment has established a lighting subsidiary, L&E Myanmar Co, in the neighbouring country. The new company will provide full services related to lighting, including design, consultancy, installation, commissioning and maintenance. It will also provide full support services related to alternative-energy devices including design, consultancy, installation, commissioning and maintenance. According to its filing to […]

Myanmar Company plans Thai listing

A tourism-related firm in Myanmar with expected market capitalisation of 10 billion baht is poised to raise funds from a primary listing on the Thai stock market in 2016. Twin Pine Consulting is the financial adviser, managing director Adisorn Singhsacha said yesterday. The company is considering fund-raising options for the Myanmar company. The Securities and […]

Planned stock exchange still missing a watchdog

Authorities have yet to set up a Securities Exchange Commission, despite suggestions that the watchdog necessary for the stock exchange planned for next year would be established last month, leaving economists disappointed. According to the Securities Exchange Law passed at the end of July last year, the SEC must be created to monitor transactions on […]

Securities and Exchange Commission set to debut, Daiwa says

Despite delays in the process, Myanmar will get the Securities Exchange Commission this month or next, according to Daiwa Securities Group, which is helping Myanmar authorities set up a stock market here. The government plans to launch the stock exchange in 2015. Although Parliament passed a Securities Exchange Law on July 31, 2013, its implementing […]

By-laws necessary to launch Yangon Stock Exchange

The Stock Exchange Commission (SEC) will be formed this year if the government manages to enact security exchange by-laws in time, according to Daiwa Securities Ltd. The Japanese firm is assisting the Myanmar government to launch its first ever stock market by 2015. Parliament passed the Security Exchange Law in July 2013 but various by-laws […]

Myanmar faces big setbacks to implement stock exchange say deputy minister

Myanmar is facing big problems to implement a stock exchange including the need for skilled workers, according to Deputy Minister for Finance and Revenue Maung Maung Thein. The challenge is to have enough employees who have the necessary skills to organise Stock Exchange Commission (SEC), to have building for stock exchange, to have basic infrastructure […]

Bangladeshi expert granted permit to set up first commodity exchange in Myanmar

Myanmar government has invited a Bangladeshi expert to set up the first commodity exchange in Myanmar. According to a letter, the Directorate of Investment and Company Administration under the Ministry of National Planning and Economic Development of the Government of Myanmar has granted a permit to launch Myanmar International Commodity Exchange Limited, an initiative by […]