As Seoul fleshes out its New Southern Policy to strengthen ties with Southeast Asian nations and other countries, Myanmar presents fresh opportunities with its business-friendly policies, according to the country’s top envoy to South Korea. During the Burmese National Day reception on Jan. 7 in Seoul, Myanmar’s Ambassador Thura Thet Oo Maung said the Korean […]
US Set to Ease Sanctions for Asia World Port in Rangoon
December 10, 2015 by
The Obama administration looks set to ease some sanctions targeting Asia World, a firm widely believed to have built its initial fortune on the drug trade before becoming one of Burma’s largest conglomerates, after sustained lobbing from the US banking industry. According to reports from Bloomberg and AP, the US Treasury Department’s Office of Foreign […]
Strict IPO rules in place for first Myanmar stock exchange
August 24, 2015 by
The listing criteria were published in the August 14 edition of state run newspaper The Global New Light of Myanmar, and comprise 17 requirements that companies will have to comply with in order to list on the YSX. They include qualitative standards relating to corporate management, corporate governance, compliance, disclosure of corporate information, insider trading, […]
