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
Foreign alcohol

New liquor import law brewing

Foreign liquor may soon be legally imported. A draft of a law that will allow for the legitimate import of hard liquor has been written and submitted before the attorney general for approval, according to the Myanmar Times. Importing popular foreign
Kirin investigates payments

Genocide accusations threaten deal of Myanmar Beer partner

Myanmar’s global political woes have become a thorn in the side of a major foreign investor. A bid by Japanese conglomerate Kirin International Holdings to buy an American beer brand has come under fire thanks to Kirin’s stake in Myanmar
EU to impose sanctions on Myanmar individuals

European business is optimistic

The 2019 EuroCham Myanmar Business Confidence Survey showed that confidence is relatively high among European firms in Myanmar. The European Chamber of Commerce, or EuroCham, calls its survey “one of the key references for current and prospecti

China eyes Myanmar bananas

China may soon ink a new banana trade deal. Deputy Minister of Commerce U Aung Htoo announced that the two country’s are in talks to sign an agreement for China to import large quantities of Myanmar bananas, adding that fruit to the list of hi
Myanmar’s foreign trade expands 7% YoY in October

Myanmar’s foreign trade expands 7% YoY in October

Trade between Myanmar and foreign countries reached over USD 2.3 Billion in October 2019, up 7% from the same month last year.