YSX firms disclose mixed prospects ahead of foreign participation

Companies listed on the Yangon Stock Exchange (YSX) announced mixed prospects for 2020, the year Myanmar is set to allow direct foreign ownership of equities listed on the bourse. The Securities and Exchange Commission of Myanmar announced last July that non-Myanmar individuals and locally-registered entities would be allowed to invest in listed shares of up […]

Yangon inviting foreign help on housing

The Yangon Region government will invite foreign participation in efforts to build more affordable housing, said Chief Minister U Phyo Min Thein. The chief minister was speaking at a press conference to brief the media on the regional government’s progress after three years in office. “As Yangon has many industrial zones, many migrants workers are […]

Myanmar high on energy

Long-term outlook in oil & gas exploration is intact despite global oil price woes Some players in Myanmar’s oil and gas industry are optimistic that oil and gas exploration and production activities in the country would continue as expected, despite oil prices slumping to five-year lows. The local industry will thrive due to low output […]