Myanmar inaugurates a new stock exchange Yangon Stock Exchange

Myanmar inaugurated a new stock exchange with plans for six companies to start trading in March next year by Minister of Finance Win.

Yangon Stock Exchange :

• The Yangon Stock Exchange will initially be open only to Myanmar companies and investors .
• Myanmar had a stock exchange during its years of military rule but it attracted few companies and trading was almost nonexistent.
• The Yangon Stock Exchange is being set up with Japanese assistance. Myanmar government planned law changes will eventually allow foreigners to invest in Myanmar shares.

Key points :
Myanmar Capital : Naypyidaw
Myanmar Currency : Kyat
Myanmar President : Thein Sein