Myanmar stocks surge on hope of foreign funding

Expectations are growing for an influx of foreign investment into Myanmar two months after local authorities said they would lift restrictions to allow overseas investors to trade shares of locally listed companies. The Myanmar Stock Price Index or Myanpix surged 10% in August, despite the turmoil in global markets, on such expectations. Indeed, local investors […]

Foreign money flows into Myanmar

YANGON — Foreign companies are making a full-fledged inroads into Myanmar, spurred by rising wages in Thailand and other neighbors and the establishment of industrial parks there. This year is expected to bring the greatest amount of investment by Japanese and other foreign firms in Myanmar’s history, but many problems remain to be solved, including […]