Myanmar investors swot up for new bourse

YANGON – Inside the graceful halls of Myanmar’s first modern bourse business leaders crowd into a crash course on sharetrading, as the former junta-run country takes another leap towards economic revitalisation. Rangoon Stock Exchange (YSX) is due to debut its first listed company on Friday, just days before a new civilian government overseen by Aung […]

Hopes and hurdles await Myanmar’s new government

A novice administration led by Aung San Suu Kyi and her president proxy Htin Kyaw takes office later this month, facing a raft of challenges – including conflict, poverty and a still powerful military. NAYPYIDAW: Nestled among towers of moldering paperwork, the few flickering computer screens at Myanmar’s information ministry are a sign that change is […]

Myanmar defends lacklustre bond sale

YANGON — Myanmar’s Central Bank on Thursday defended its first sale of government debt under the reformist regime as “successful”, despite selling less than half of the US$50 million offering, as it looks to finance rising state spending. In the latest of a string of economic reforms under the quasi-civilian government that replaced military rule […]