Lim Chong Chong, the founder of Singapore-registered fund management firm Ascent Capital, first visited Myanmar in 2013, when he was working for Singaporean wealth fund Temasek as an associate director. At that time, just two years after the ending of military rule in the country, the internet connection was still a luxury, and mobile users […]
COVID-19 brings new investment opportunities in Myanmar, says founder of Ascent Capital
December 4, 2020 by
SCB sets up local bank in Myanmar
October 5, 2020 by
Siam Commercial Bank (SCB) has set up a bank in Myanmar after receiving a subsidiary business licence from the Central Bank of Myanmar, aiming to expand in the neighbouring market via offline and online platforms. SCB, the country’s fourth-largest commercial lender by assets, notified the Stock Exchange of Thailand on Thursday that it had registered […]
Myanmar to set up second stock exchange for public companies
September 28, 2020 by
A second stock exchange, or pre-listing board, will be set up for the purpose of trading shares in public companies that have yet to list on the Yangon Stock Exchange (YSX), said U Maung Maung Win, who is Deputy Minister for Planning, Finance, and Industry as well as Chair of the Securities and Exchange Commission […]
Insurer, bank tie up to provide bancassurance in Myanmar
September 17, 2020 by
Capital Taiyo Life Insurance and Myanmar Citizens Bank have announced that that they will cooperate to provide life insurance products in Myanmar. Capital Taiyo Life and Myanmar Citizens Bank (MCB) signed announced on Friday that they had signed an agreement on June 29 to provide bancassurance products via MCB’s network of branches. The agreement brings […]
Yangon Stock Exchange to open to overseas investors March 20
March 12, 2020 by
The exchange, known as the YSX, opened in March 2016 for trading only to Myanmar citizens. © Reuters YANGON — International investors will be able to invest in stocks listed on the Yangon Stock Exchange starting March 20, but the question lingers whether the thin liquidity on Myanmar’s only bourse will increase given the small […]
Myanmar’s stock exchange promoted
September 4, 2019 by
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 […]
Yangon’s equities exchange has only five trading stocks and very few investors, but that’s about to change
March 21, 2019 by
In a colonial building in Myanmar’s largest city, a large screen showed stock prices for a handful of companies. Four people, perhaps tourists, perhaps investors, shuffled around the floor. The clock struck 11. Suddenly the prices changed. Then, in an instant, all the people were gone. That was just another day at Asia’s tiniest bourse, […]
A New Harbinger of Good Governance – Myanmar’s Institute of Directors
March 28, 2018 by
This week marks the launch of an important market institution – the Myanmar Institute of Directors (MIoD), the first independent, private sector-led organization promoting best corporate governance standards and practices in the country. This is a significant step in Myanmar’s ongoing market reforms and sends a strong signal to the global business community the country’s […]
Basic Energy investing in 2 Thai firms
November 22, 2017 by
Basic Energy Corp. has agreed with Thailand-based Vintage Engineering PCL (VTE) on the terms of investing in two of the latter’s subsidiaries involved in what is considered as Southeast Asia’s largest solar power project. Basic Energy said in a disclosure to the Philippine Stock Exchange that it had signed with VTE an investment term sheet, […]
