Myanmar to set up stock exchange market


Yangon, Sep 17 (IANS): Myanmar will start to set up a stock exchange market by 2015 with the help of Japan, an official said Tuesday.

Security Exchange will be established this year in line with Security Exchange Law which was passed by parliament and promulgated in July this year, Xinhua cited Eleven Media as quoting Myanmar's Deputy Finance Minister Maung Maung Thein.

The process of setting up the stock exchange will be done through the finance ministry.

The price of real estate is expected to fall once the stock exchange is introduced.

Meanwhile, US companies such as Coca-Cola and Unilever were investing in Myanmar after the US eased economic sanctions on the country last year.

  

Top Stories


Leave a Comment

Title: Myanmar to set up stock exchange market



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.