In business this week: YSX to open in October; MPs plan to borrow from CBM for agricultural loans; green energy in Burma; local banks fear foreign rivals.
The opening of applications for businesses to practise on the new stock exchange, set to launch in October, has been announced.
BUSINESS in BURMA THIS WEEK: Rangoon hotel market looks to continue record growth; Kyaukphyu SEZ master plan near completion; Telenor reaffirms Burma link with executive appointment; and the sale of…
The push to set up a stock market in Burma by 2015 is falling behind schedule, hit by a shortage of manpower and know-how.
Lawyers and financial advisors who work closely with Burmese firms say about six to 10 companies are considering a listing in Singapore over the next couple of years.
Burma’s government committed to developing a viable stock exchange in next four years as reform of country’s economy continues