First Private Bank may mull delisting from the YSX

First Private Bank (FPB) appears to be mulling a delisting from the Yangon Stock Exchange (YSX) at a time when many more companies are needed on the bourse to boost trading and develop more robust capital markets. Among the 11 general resolutions passed during the company’s 26th Annual General Meeting on August 27 was one […]

MTSH falls upon trading ex-dividend, spurs rumours of share sale

Shares of Myanmar Thilawa SEZ Holdings Public Limited (MTSH), which is listed on the Yangon Stock Exchange (YSX), have plunged since trading ex-dividend on August 9. MTSH has proposed a dividend of K260 per share for the financial year ended March 31, 2017. Shareholders will be asked to approve the dividend at the company’s 4th […]

Fixing the Myanmar economy

Major structural overhauls have to be carried out so the country can maximise its potential for growth. Myanmar’s economy is projected by the World Bank to grow by an average of 7 percent between 2017 and 2019. Last year, GDP rose by 6.5pc. That’s among the fastest growing economies in Asia, alongside the likes of […]

Myanmar Agro Exchange Public Limited  making efforts to be listed on YSX

Myanmar Agro Exchange Public Limited (MAEX) may soon become a listed company on the Yangon Stock Exchange (YSX). Stock trading was approved for MAEX by the Securities and Exchange Commission of Myanmar under the Ministry of Planning and Finance on 11th Jan 2017, but there are still technical and legal changes to be accomplished. “We […]

Myanmar Automobile Development Public Co., Ltd to register at YSX

Myanmar Automobile Development Public Company Limited will soon register at the Yangon Stock Exchange (YSX) in hopes of becoming a publicly listed company, it is learnt from the company’s second annual general meeting held at UMFCCI on 24th September. Public companies are allowed to sell and trade shares of stock. There are currently three companies […]

Will YSX Deal a Blow to Burma’s Real Estate Market?

Yangon — Burma’s newly launched Yangon Stock Exchange (YSX) has left observers wondering what this could mean for the country’s volatile real estate market. Yangon , Burma’s commercial capital, has for many years boasted the country’s highest prices for property. Yet some experts believe that the emergence of the YSX, which kicked off trading on […]

SECM Warns Against Illegal Trade as Stock Exchange Readies for Business

The Securities and Exchange Commission of Myanmar (SECM) issued a warning on Wednesday against illegal trading through unofficial channels. An announcement published in state-run daily The Global New Light of Myanmar cautioned that action will be taken against those caught selling stocks through illegal or “non-transparent means,” including over social media sites. The Yangon Stock […]

Myanmar Unprepared for Stock Market: Economist

Trading of stocks at the Yangon Stock Exchange (YSX) is expected to begin in March, giving Myanmar people another option to invest their money. Currently, people invest in the property market or the currency market, however, they are less likely to move their investments into the new stock market, a local economist said. “All of […]

Savers stuck with bank deposits despite negative real rates

Bank accounts remain the most popular choice of investment for savers, despite inflation running higher than commercial banks’ deposit rates, said financial industry sources. Bank workers count cash in a branch in Yangon. StaffBank workers count cash in a branch in Yangon. Staff Sources at several commercial banks said there had been no decrease in […]

Loi Hein Co. to be listed and traded on Yangon Stock Exchange

Alpine Co. Ltd. Chairman Dr. Sai Sam Tun said that the drinking water and beverage company would trade it’s shares on the Yangon Stock Exchange (YSX). He added that it would take about three years to complete their accounting systems, corporate procedures and practices to be in compliance with requirements for being listed on the […]