Sign up | Log in



Home  >>   Daily News  >>Myanmar>>Economy>>MHope for Myanmar’s economic growth just a few days away
NEW UPDATES Asean Affairs   8  December  2015  

Hope for Myanmar’s economic growth just a few days away

The opening of the Yangon Stock Exchange (YEX), on 9 December, and hope for Myanmar’s economic growth is just a few days away and over 90% of all the preparatory work for it has been completed so far. It will start trading with about ten domestic public companies.

Thura Swift Co. Ltd. CEO Dr. Aung Thura said, “Though there will be 10 listed public companies in the market, not all of these ten companies will be there at the initial stage. Not all of them will sell their shares on the first day of business. They can sell their shares only after six months from the commencement of business. On the first day, there will be only one or two companies, I think. Some of them are well-established companies so they will have goodwill and credibility.”

Among the companies on the very first day of trading are FMI Public Company, Myanmar National Bank, and Thilawa Public Company.

Myanmar National Bank Administrative Director Myint Win said, “We believe our share prices will rise when our shares are traded on the Yangon Stock Exchange”.

Myanmar National Bank has been paying dividends to shareholders for the last 20 years.

“As for the liquidity, our bank is owned 30% by the government and 70% by the public and we fulfil all banking requirements and we have enough reserve money. These are the guarantees for the liquidity of our bank,” he added.

In the first phase of Thilawa special economic zone in Yangon, 70% of all available land and plots are occupied and run by about 50 companies from 13 countries including Japan. Thilawa Public Company has over 16,000 shareholders and as a public company is ready to trade their shares on the Yangon Stock Exchange.

Chairman of Thilawa Public Company Ltd. Win Aung said, “We are doing all the preparatory work for easily trading our shares in the market in accordance with rules and regulations. We will be ready to trade our shares when all of our preparatory work has been completed. “

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           December 8 , 2015 Subsribe Now !
• Manila economy to hit US$1 trillion in 2030 Subcribe: Asean Affairs Global Magazine
• Govt to link tourism sites across ASEAN
• PM pledges to push economic growth
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Hope for Myanmar’s economic growth just a few days away
Malaysia Oct exports up by 16.7 per cent
Asean Analysis                   December 4, 2015
• Asean Analysis December 4, 2015
Southeast Asian Nations Watch Paris for Deal to Cut Greenhouse Gases
Advertise Your Brand

Asean Stock Watch  December  4,  2015
• Asean Stock Watch-December 4, 2015
The Biweekly Update
• The Biweekly Update December 4, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand