The insurance queue just got longer

Myanmar has a historic connection with the insurance industry. Almost 80 insurance companies operated in the market from the mid-19th century till the mid-20th century, and a large number of them were foreign companies. But things changed in the 1960s when the industry was taken over by the government and all foreign insurers in the […]

Government plans longer tenors for debt auctions

The Ministry of Finance is planning to extend competitive bidding auctions on government debt to a range of new maturities this year, which will mean getting comfortable with paying market price. The government switched from selling three-month Treasury bills at a set yield to one determined by competitive auction a year ago, and is still […]

MIL Eyes All Four Securities Licences for Yangon Exchange

Myanmar Investments International Limited, together with two other partners, has filed an application to the Securities and Exchange Commission of Myanmar (SECM) to acquire all of the four types of securities licences for the upcoming Yangon stock exchange (YSX) later this year, the firm said. The Ministry of Finance in January announced that YSX will […]