Myanmar Unprepared for Stock Market: Economist

Trading of stocks at the Yangon Stock Exchange (YSX) is expected to begin in March, giving Myanmar people another option to invest their money. Currently, people invest in the property market or the currency market, however, they are less likely to move their investments into the new stock market, a local economist said. “All of […]

MTSH Won’t Sell Thilawa Zone B Shares Yet

Myanmar Thilawa SEZ Holding (MTSH) Public Limited will not sell its ‘Zone (B)’ shares in the near future, according to the company’s second annual general meeting. There are three zones in the Thilawa Special Economic Zone development – Zone (A), Zone (B) and Zone (C). A total of 2,145,000 shares for Zone (A) have already […]

Myanmar designates five-year transition period of stock market

Yangon – The Securities and Exchange Commission of Myanmar has already designated a five-year transition for Stock Exchange Certificates Market (SECM). “It [period] may be increased or reduced. Under the transition period, SECM will be under the Finance Ministry. The expected transition period could be five years. But the period may be increased or reduced. […]

Experts cautious on stock market appeal

The planned stock market will likely not be a success straight out of the starting gate, though could eventually emerge as a worthwhile destination for investment, according to experts. While the Yangon Stock Exchange is slated to open in October 2015, it will need to prove its performance before it can capture trust – and […]

Myanmar to open stock market in Oct

YANGON — Myanmar will open its first-ever stock market later this year, the deputy finance minister said Saturday. “We are ready to start it on October,” Maung Maung Thein said. He also said that stock exchange licences will be issued to companies soon. “The Securities Exchange Commission will issue licences to the stock companies. It […]

OTC stock market for Thilawa SEZ to open

The over-the-counter stock market for Thilawa Special Economic Zone will be launched later this year according to the chairperson of the Thilawa SEZ. “The counters will open at public areas for easy access to information and inquiry. The counters are opened to sell shares because there is no stock market yet. We will expand the […]

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 […]

Yoma’s Serge Pun Sees Long Road to ASEAN Integration

YANGON — Myanmar-focused conglomerate Yoma Strategic Holdings Ltd said Southeast Asia needs to work exceptionally hard to realize a balanced, European Union-style integration of such disparate economies. Yoma is listed in Association of Southeast Asian Nations (ASEAN) member Singapore whose advanced island-state economy contrasts with that of fellow member Myanmar, rich in gems and natural […]

Myanmar-Singapore joint ventures get listed on SGX

Three Myanmar-Singapore joint ventures have joined the Singaporean Exchange as they wait for Myanmar to open its own stock market, according to a junior advisor for banks and investments. “The very first three companies that joined to SGX are Yoma Strategic Holdings, Aussino and Super Coffeemix,” Dr. George Soe Win, the junior advisor told the […]

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 […]