fbpx

Retail interest in Myanmar robust, but investment avenues lacking

When RHB, a Singapore brokerage, first selected Singapore Exchange-listed Yoma Strategic Holdings as one of its top five stock picks for retail clients on May 2, shares of the company soared 15 percent, hitting a 4-month high of 48 cents on May 9 as investors hurried to get onboard. “Yoma Strategic offers a pure play […]

Businesses demand quicker reforms, policy clarity in 2018

After a somewhat “disappointing” 2017 for the private sector, during which key economic legislation failed to take shape as expected, leading businessmen and chambers of commerce have urged Nay Pyi Taw to be more decisive and efficient in implementing reform in 2018. Moving forward, the business community wants to see stronger leadership and direction from […]

Foreign Bank Operations by 2014 “Unlikely”

Foreign banks will be allowed to operate financial services in Myanmar, but this issue is still under discussion and no exact time has been set, a top official from the Central Bank of Myanmar said. “We are still holding dialogues about the issue [of foreign banks operating in Myanmar]. The reports that foreign banks will […]