Myanmar makes progress in preparation for launching first stock exchange
Myanmar stock
Beijing - XINHUA
Myanmar has been making progress in preparation for launching the country's first ever stock exchange market in Yangon scheduled for October this year in joint venture with two Japanese firms.
Under an agreement signed in Nay Pyi Taw, the Yangon Stock Exchange Joint Venture Co. Ltd will be set up in partnership among Myanmar Economic Bank (MEB) sharing 51 percent, Japan's Daiwa Institute of Research Ltd 30.25 percent and Japan Exchange Group 18.75 percent.
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