Tags
The Development of Capital Markets in Myanmar
Myanmar is in the process of establishing a new securities exchange with offices based in Yangon and Mandalay (YSE). The new YSE is expected to open by the end of 2015.
The Central Bank of Myanmar (CBM) has been assisted in its efforts to establish the YSE by the Daiwa Institute of Research Ltd (Daiwa), the core information-generating arm of Daiwa Securities Group, and the Tokyo Stock Exchange Group (TSE). CBM and Daiwa entered into a cooperative relationship to develop a stock exchange as far back as 1996. However it was only in April 2012 that the initiative gained renewed momentum and CBM, Daiwa and the TSE entered into a formal memorandum of understanding pursuant to which Daiwa and the TSE agreed to provide advice on the design of securities exchange markets and exchange systems, support for human resources, and seminars on finance and capital markets development. In 2013 the CBM also signed memoranda of understanding with The Stock Exchange of Thailand (STE) and the Korea Exchange (KE) aimed at promoting capital market business opportunities and facilitating training of personnel. The KE is experienced in this regard having has previously helped to establish Stock Exchanges in Laos, Vietnam and Cambodia.
Source ( http://charltonsmyanmar.com/myanmar-economy/capital-markets-in-myanmar/)
Charltons Myanmar Blog 