Myanmar to open up Yangon stock exchange to foreign investments

Yangon Stock Exchange (YSX) opens to foreign investors

Myanmar authorities have announced they will allow foreign ownership of shares listed on the Yangon Stock Exchange (YSX). According to an article in the Myanmar Times, a notice was issued on July 12 by the Securities and Exchange Commission of Myanma
The benefits of joint ventures to Myanmar’s insurance sector

Joint-Venture Model Fuels Financial Liberalization

For Myanmar’s insurance sector joint-ventures (JVs) constitute a powerful mean to liberalize the market. Last April, the Ministry of Planning and Finance (MoPF) granted five foreign insurance providers the provisional right to be registered as a 10
Myanmar, Japan revive talks on building Hanthawaddy airport

Hanthawaddy Airport negotiations renewed

Officials from Myanmar and Japan have renewed talks on the Hanthawaddy International Airport planned at Bago, 80 kilometres north of Yangon. According to an article in the Myanmar Times, the officials have met at least four times to discuss the billi
Yangon Chief Minister Promises to Find International Markets for Agricultural Products

Yangon Region Chief Minister promises international market opportunities

Yangon Region Chief Minister has promised that he will help livestock and agriculture industries find international markets. According to an article in Myanmar Business Today, U Phyo Min Thein was quoted as saying that the livestock and agriculture i
Collected Taxes Surge by K100 Billion Over Same Period of Previous Fiscal Year

Collected Tax Surge for Fiscal Year 2018-2019

For the first eight month of fiscal year 2018-2019, the government collected over MMK 4 trillion from tax revenues. This is a MMK 100 Billion increase on a year-to-year basis. The revenue collection comes from income and commercial tax. But also taxe
Launching of Myanmar Productivity Center (MPC) is expected under JAIF support

Myanmar Productivity Center opens up

The Myanmar Productivity Center (MPC) was established on June 22. Indeed, the Ministry of Industry strives to foster human capital development and raise productivity for SMEs. “Towards a Better Economy” as says the motto – the MPC wants to lay