Yangon stock market launch in 2015
Exciting stuff! Currently the MSEC is operating in the old fashioned way on the floor off an electronic exchange, this new development should be able to boost things along much faster.
The Yangon Stock Exchange (YSE), which will replace the Myanmar Securities Exchange Centre (MSEC), will be launched in Myanmar by October 2015. Myanmar’s Deputy Union Finance and Revenue Minister Maung Maung Thein confirmed the launch while speaking at a software donation event at the Myanmar Insurance Enterprise on Sept 28 in Yangon, DVB reported.The minister said three public companies will be listed initially: the Asia Green Development (AGD) Bank, First Myanmar Investment Co Ltd (FMI), and the Myanmar Agribusiness Public Cooperation Limited (Mapco) established by the Myanmar Rice Federation.
Source: Bangkok Post