Five foreign insurers granted Myanmar licences after two-year delay

Five foreign companies have been granted provisional licences to issue life insurance policies through subsidiaries following more than two years of delay in opening up the Myanmar market. British Prudential, Japanese Dai-ichi Life, Hong Kong AIA, US Chubb and Canadian Manulife have been authorised to establish wholly-owned life insurance subsidiaries. The Ministry of Planning and […]

Can the central bank’s new guard save businesses in Myanmar?

Among the nominees for deputy governor are economist and retired Budget Department of the Ministry of Planning and Finance officer U Soe Thein, incumbent deputy governor U Soe Min and existing member of the board U Bo Bo Nge. Meanwhile, the newcomers to the Board include former deputy director general of the Union Attorney General’s […]

Myanmar Agro Exchange Public Limited  making efforts to be listed on YSX

Myanmar Agro Exchange Public Limited (MAEX) may soon become a listed company on the Yangon Stock Exchange (YSX). Stock trading was approved for MAEX by the Securities and Exchange Commission of Myanmar under the Ministry of Planning and Finance on 11th Jan 2017, but there are still technical and legal changes to be accomplished. “We […]