Markets in Yangon to be upgraded says Chief Minister

At the inauguration of Danyingone wholesale market on Tuesday, Yangon Chief Minister Phyo Min Thein said that plans were underway to upgrade 170 markets in Yangon. “When we take over administration, there were 174 markets in Yangon. Our new government decided to do upgrading works of these markets. Most of the venders are selling things […]

SECM Clamps Down on Financial Scams and Illegal Trading

THE Securities Exchange Commission of Myanmar (SECM) is clamping down on financial scams and illegal trading by unlisted companies in the country. On July 3, it appealed to the public for more information on I Smart Co, a company with operations in Mawlamine. I Smart Co is reported to be engaged in suspicious trading activities […]

Stock Exchange Not ready for Open Market

​​ Htay Chun, a member of the Myanmar Securities Exchange Supervisory Commission said the country is not in a position to establish an over-the-counter market for public companies which are not included on the Yangon Stock Exchange (YSX). There was a widespread criticism that the selling of shares by some public companies without an over-the-counter […]