Myanmar to open up Yangon stock exchange to foreign investments

Yangon Stock Exchange will open to foreigners amid general corporate reform

Next month, foreigners will be able to make trades on the Yangon Stock Exchange as Myanmar continues to refine its corporate infrastructure and open its markets to direct foreign investment. In July of last year, the Securities and Exchange Commissio

Myanmar quarantines 22 as coronavirus hits economy

The Ministry of Health and Sports has quarantined 22 people who have been in contact with a South Korean woman who tested positive for the COVID-19 coronavirus. The woman was diagnosed with the disease in South Korea after having travelled to Malaysi

Myanmar may land on FATF watchlist

Myanmar may end the week on an international finance watchlist. Two sources close to the Financial Action Task Force (FATF), a France-based financial monitoring agency, told Reuters that it may place Myanmar on its international “grey list̶

Govt. weighs total Chinese tourism ban

The Ministry of Hotels and Tourism (MOHT) is considering a blanket ban on all visitors from China to prevent the spread of COVID-19, the novel coronavirus that has infected more than 73,000 people worldwide. If enacted, the ban would cap a series of
Myanmar to open up Yangon stock exchange to foreign investments

Government to introduce corporate governance guidelines

The Myanmar government will soon introduce new guidelines for corporate governance. Speaking to state media, U Aung Naing Oo, Permanent Secretary of the Ministry of Investment and Foreign Economic Relations, said the new regulations would be publish

Coronavirus affects border trade

China is restricting travel in an attempt to curb the novel coronavirus outbreak, and the measures have dented cross-border trade with Myanmar. U Min Thein, Vice Chairman of the Muse Rice Wholesale Center, told The Irrawaddy that “95 percent of