Yangon stock exchange launch pushed back

Business people, you might as well go take a break: nothing is getting done before the elections.

The opening of the Yangon stock exchange, originally slated for October, has become the latest high-profile project (see also: phone tax) to be pushed back until after November, the Bangkok Post reported.

Three companies – Asia Green Development Bank, Myanmar Agribusiness Public Corporation and First Myanmar Investment Company – are set to list.

“Actually, we are almost getting ready for the launch [of the stock exchange], but we decided to postpone it as the election is more important for the country’s democratic transition,” Deputy Finance Minister Maung Maung Thein told the Post.

Whoa, really

Photo / Wikicommons

Subscribe to the WTF is Up in Southeast Asia + Hong Kong podcast to get our take on the top trending news and pop culture from the region every Thursday!



Reader Interactions

Leave A Reply


BECOME A COCO+ MEMBER

Support local news and join a community of like-minded
“Coconauts” across Southeast Asia and Hong Kong.

Join Now
Coconuts TV
Our latest and greatest original videos
Subscribe on