Tokyo Stock Exchange

Yoma Strategic in $26.6m share deal with Tokyo Century to grow Myanmar vehicle leasing business

April 23, 2019 by Thiha

Mainboard-listed Yoma Strategic Holdings said on Monday (April 22) that Japanese leasing company Tokyo Century Corporation will acquire a 20 per cent stake in its subsidiary Yoma Fleet for $26.6 million by way of newly issued shares. Upon satisfaction of certain conditions to complete the subscription of new shares by Tokyo Century, Yoma Strategic will […]

Filed Under: Latest News Tagged With: automotive, japanese, leasing, Tokyo Century, Tokyo Stock Exchange, Yoma Strategic Holdings

KBZ launches Yangon stock exchange settlement system

March 7, 2016 by thiha

Kanbawza Bank signed yesterday with the Yangon Stock Exchange (YSX) to run settlement and clearing operations for Myanmar’s first modern bourse. Last April the bank was chosen from among six local private banks who applied for the role to the Securities and Exchange Commission (SECM) of Myanmar. It will be responsible for delivering payments for […]

Filed Under: Latest News Tagged With: AYA Trust Securities, CB Securities, Daiwa, Daiwa Securities Group, Delivery Versus Payment system, Information Technology, IT, Kanbawza Bank, kbz, KBZ Stirling Coleman, KBZSC, MEB, Myanma Economic Bank, Myanmar, Myanmar Securities Exchange Centre, Myanmar Thilawa SEZ Holdings, SECM, Securities and Exchange Commission, Tokyo Stock Exchange, U Nyo Myint, Yangon, Yangon Stock Exchange, YSX

Yangon Stock Exchange to Launch in December

December 3, 2015 by Thiha

The Yangon Stock Exchange is set to launch on Dec. 9, an official said on Monday, after three years of preparations to modernize Burma’s financial sector. Addressing CEOs and executive directors of ten underwriting firms, Chairman of the Securities and Exchange Supervisory Committee and Deputy Finance Minister Maung Maung Thein said the exchange, known as […]

Filed Under: Latest News Tagged With: Asia Green Development Bank, Brokerage firms, Burma’s financial sector, cooperative bank, Daiwa Securities Group, Financial industry sources, First Private Bank, FMI, Forest Joint Venture Company, joint ventures, MAPCO, Maung Maung Thein, Myanmar Economic Bank, Thilawa Holdings Plc, Tokyo Stock Exchange, Yangon Stock Exchange, YSX, Zaw Lin Htut

Central Bank of Myanmar plans first real-time payments system

September 15, 2015 by Thiha

The Central Bank of Myanmar (CBM) plans to introduce a real-time gross settlement (RTGS) system by the end of 2015. Deputy governor Winston Set Aung says the country’s first ever RTGS will help to reduce the size of the cash economy, as the system will allow transfers between banks to be settled immediately. An unnamed […]

Filed Under: Latest News Tagged With: Asako Toyoda, Ayeyarwady Bank, Bank of Japan, Central Bank of Myanmar (CBM), Japan International Cooperation Agency (JICA), Japanese Government, Myanmar Payment Union (MPU), real-time gross settlement (RTGS), Tokyo Stock Exchange, Winston Set Aung, World Bank, Yangon City Development Committee (YCDC), Yangon Stock Exchange, Yoma Bank

Stock exchange will protect investors, says deputy finance minister

June 9, 2014 by thiha

A stock exchange must be established to help protect ignorant investors, Deputy Finance Minister Dr Maung Maung Thein said in the Amyotha Hluttaw on June. “If we do not establish a stock exchange, people may be cheated out of their money by others posing as public companies,” said Dr Maung Maung Thein. “During the rule […]

Filed Under: Latest News Tagged With: Amyotha Hluttaw, investors, Japan's Daiwa Securities Group, Minister Dr Maung Maung Thein, Myanmar Economic Bank, Protect, stock exchange, Tax Compliance, Teet, Tokyo Stock Exchange

Myanmar firms compete for place on Yangon Stock Exchange

June 5, 2014 by thiha

Yangon – Myanmar will allow five companies to be listed on the Yangon Stock Exchange when it is launched next year, local media reports said Monday. “Six local public companies have applied to be listed on the Yangon Stock Exchange and we have already granted permission to two companies,” Deputy Finance Minister Maung Maung Thein […]

Filed Under: Latest News Tagged With: AGD, Approved, Asia Green Development, Daiwa Securities Group, Deputy Finance Minister, Launched, Listed, MAPCO, Maung Maung Thein, Myanmar Agribusiness Public Corporation, Myanmar Economic Bank, Tokyo Stock Exchange, TSE, Yangon Stock Exchange

Myanmar stock exchange plan stall

May 26, 2014 by thiha

A Japanese plan to help open a stock exchange in Myanmar in October 2015 is stalled due to difficulty recruiting suitable staff and finding companies with potential to list on the market. Japanese securities company Daiwa Securities Co pioneered an attempt to develop a stock market in Myanmar by leading its affiliate Daiwa Institute of […]

Filed Under: Latest News Tagged With: computerised trading system, Daiwa Institute of Research, Daiwa Secuirities Co, democratisation, government jobs, Japan's Finance Ministry, japanese, Listed Companies, memorandum, Myanmar Government, myanmar stock exchange, personnel procurement problem, private-sector jobs, public companies, public scrutiny, Ryota Sugishita, Securities and Exchange Commission, securities and exchange law, Tokyo Stock Exchange, transparency

ANA to acquire 49pc of Asian Wings

August 28, 2013 by thiha

Japan’s All Nippon Airways (ANA) has announced it will acquire a 49 percent stake in a Myanmar airline, the latest foray into the rapidly-opening and potentially lucrative Southeast Asian market. Foreign firms have piled into Myanmar since the installation of a nominally civilian government in 2011, eager to make the most of opportunities in a […]

Filed Under: Latest News Tagged With: ANA, ANA Group, ANA Holdings, Asian Wings, Asian Wings Airways, AWA, China, domestic market, fast-growing Asian airline market, foreign airline, international community, international service, Japan's All Nippon Airways, Japanese businesses, larger aircraft, lucrative Southeast Asian market, military junta, Myanmar airline, Myanmar-based commercial carrier, Narita, Nikkei, of Japan's major airlines, Southeast Asia, Tokyo, Tokyo bourse, Tokyo Stock Exchange

Myanmar committee to look into establishing capital market

August 17, 2013 by thiha

A committee to look into establishing a capital market in Myanmar will be set up this year according to officials from the Ministry of Finance. Myanmar has recently opened up its economy to foreign investment as the country began a transition from military dictatorship to civilian government in 2011. It is now seeking to establish […]