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Daiwa to offer microloans to low-income earners in Myanmar

TOKYO — Daiwa Securities Group will launch microfinance services in Myanmar through a joint venture, diversifying its portfolio there to tap the growing economy. Microfinancing is a way to lift low-income earners out of poverty by providing tiny loans to those who have no access to formal banking services so they can start their own […]

Yangon stock exchange due to let Myanmar-based foreigners trade

Foreigners living in Myanmar will be allowed to buy and sell on the Yangon Stock Exchange in the first phase of the process of opening up to the international market, according to the Securities and Exchange Commission of Myanmar (SECM). The Ministry of Finance and Planning announced an opening up in July but after discussing […]

Myanmar stocks surge on hope of foreign funding

Expectations are growing for an influx of foreign investment into Myanmar two months after local authorities said they would lift restrictions to allow overseas investors to trade shares of locally listed companies. The Myanmar Stock Price Index or Myanpix surged 10% in August, despite the turmoil in global markets, on such expectations. Indeed, local investors […]

3 businesses with operations in this fast-growing asian country

Myanmar is considered the “final frontier” in Asia — both literally and metaphorically — as it is one of the last countries within Asia to open its doors to foreign investors in recent years. In the last decade or so, countries such as Vietnam, Cambodia, and Laos have opened up to the outside world, and […]

Stock Exchange Expo runs in Myanmar’s Yangon

YANGON, Sept. 1 (Xinhua) — Yangon Stock Exchange (YSX) Expo-2019 was held in Myanmar’s Yangon for the third time on Sunday. Deputy Minister U Maung Maung Win of Planning and Finance called for all stakeholders’ continued efforts to attract more investors, fully protect investors and ensure market quality. The expo aims to attract potential investors […]

Myanmar’s stock exchange promoted

Government and financial officials in Myanmar have held an event to attract investors to the country’s first stock exchange, which is still immature. The Yangon Stock Exchange was established with the help of Japanese businesses three years ago. But so far only five companies are listed on the market. The officials invited domestic and foreign […]

Myanmar plans alternative market to jump-start stock exchange

Myanmar’s securities regulator and the Yangon Stock Exchange are planning to establish an alternative market where investors can trade shares of unlisted companies, the Nikkei Asian Review has learned. Dubbed the Myanmar Public Companies Board, the new market will be a steppingstone for companies to list on the fledgling Yangon Stock Exchange, according to a […]

Myanmar Citizens Bank to increase SME access to finance

Yangon-listed Myanmar Citizens Bank (MCB) inked an agreement with the International Finance Corporation (IFC) to increase access to finance for small businesses and individuals. The IFC will provide advice to the public lender to transform and modernise its business operations to better serve small businesses. The project will be delivered over two years and will […]

Myanmar bourse seeks shot in the arm from overseas investors

YANGON — Myanmar will let foreign individuals and companies invest in the Yangon Stock Exchange, looking to breathe new life into the nation’s lone bourse. The Southeast Asian country’s Securities and Exchange Commission issued the notice on Friday. Foreign investors will be permitted to hold stakes totaling up to 35% in companies trading in Yangon. […]

FMI weighed down by lacklustre market

Overall market weakness is the reason why First Myanmar Investment Public Company Limited’s (FMI) shares have performed poorly on the Yangon Stock Exchange (YSX). The company, among five listed on the YSX, recently posted its full-year ended March 31, 2019 results. While earnings dropped by almost 42 percent to K14.4 billion for the 12 months […]