First Myanmar Investment Co., a conglomerate controlled by businessman Serge Pun, is aiming to be the first publicly traded company on the Myanmar stock exchange. Pun, who is also chairman of Singapore-listed developer Yoma Strategic Holdings Ltd., said in an interview that First Myanmar doesn’t plan to sell any new shares. The company, which has […]
Japanese Firms to Help Set Up Myanmar’s First Stock Exchange – Update
December 24, 2014 by
Japan’s Daiwa Securities Group Inc., its research arm and Japan Exchange Group Inc. said Tuesday they signed a joint-venture agreement with Myanma Economic Bank to establish Myanmar’s first-ever stock exchange in Yangon. The deal is the latest tangible sign that plans for Yangon’s stock exchange, which the government aims to have up and running by […]
Myanmar likely to sell bonds
November 11, 2014 by
JAKARTA/KUALA LUMPUR — Myanmar’s licensing of foreign banks brings it a step closer to an initial sovereign bond sale to help fund $80 billion of power, transport and technology projects through 2030, according to the Asian Development Bank. The Manila-based lender estimates that Myanmar, which is emerging from five decades of economic isolation, will need […]
Myanmar’s stock exchange facing delays
September 6, 2013 by
Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc., which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. […]
