Japan is playing a central role in assisting Myanmar’s ongoing financial reforms and attempts to achieve industrialisation. Japan is interested in Myanmar from both an industrial and a financial perspective, while Burmese officials see Japan as a natural partner for financial cooperation. Japan’s public–private assistance for financial development in Myanmar emerged in a Financial Services […]
Myanmar tries to rekindle enthusiasm for tepid stock market
September 15, 2017 by
Tax cut unveiled in hopes of attracting new listings on YSX YANGON — Initial fanfare has given way to a sleepy quiet on Myanmar’s Yangon Stock Exchange, which has just four listed names after a year and half of trading, as a lack of seasoned investors dissuades potential listings. The YSX Expo, held at a […]
Myanmar’s Stock Exchange Struggles a Year After Launch
April 6, 2017 by
YANGON — Housed in a stately colonial building at the heart of Myanmar’s financial district sits the Yangon Stock Exchange, which amid great expectations opened its doors as the country’s first bourse a year ago this month. Fast forward to today, and the exchange, known as YSX, is struggling. With only four listed issues, […]
World’s Youngest Stock Market Struggles in Myanmar
November 21, 2016 by
YANGON, Myanmar (AP) — The day’s trading is about to begin on the world’s youngest stock exchange, and the MYANPIX index and opening share prices flash across an electronic screen, but barely a footfall or a voice are heard within the cavernous, colonial era building in the bustling heart of Myanmar’s commercial capital. A gilded […]
Blockchain to Be Used on Myanmar Stock Exchange
November 8, 2016 by
Daiwa Securities Group, a major Japanese financial services company, has announced that it intends to implement blockchain technology for trading on the Yangon Stock Exchange in Myanmar (formerly Burma). Daiwa has been testing blockchain technology at the Yangon exchange for months, from June to September, and hopes to complete formal implementation for all Daiwa stock trades on the […]
Myanmar investors flock to Yangon bourse’s second listing
May 23, 2016 by
SINGAPORE — Myanmar Thilawa SEZ Holdings, or MTSH, made a raucous debut Friday as the second company on Myanmar’s Yangon Stock Exchange, riding a flood of interest from the country’s burgeoning equities market. The developer of the Thilawa Special Economic Zone, an industrial park southeast of Yangon, was to debut at 40,000 kyat ($34.10) a […]
Yangon Stock Exchange to open amidst suspicion
February 4, 2016 by
Many analysts believe the Yangon Stock Exchange, which will be fully operational by March this year, is opening with unfair advantages and possible conflicts of interests. The Yangon Stock Exchange (YSX) automatically entered the US sanctions blacklist as the Myanmar Economic Bank, an entity already sanctioned by the US Treasury Department’s Office of Foreign Assets […]
Companies prepare for Yangon Stock Exchange listings next year
December 16, 2015 by
Preparations are underway for the first companies to attempt a listing on the Yangon Stock Exchange early next year, though progress is slower than expected, as only the name of one securities company has so far been announced. The names of six companies that meet – or are close to meeting – listing criteria issued […]
Trade at Yangon Stock Exchange unlikely to start until March 2016
December 11, 2015 by
Myanmar Vice President Nyan Tun marked the opening ceremony of the Yangon Stock Exchange (YSX) by ringing a bell on Wednesday with six local campanies listed. Yet officials say it is unlikely that any trading will take place until March 2016. Finance Minister U Win Shein said that YSX would only be open to Myanmar […]
