Day: January 2, 2020

YSX firms disclose mixed prospects ahead of foreign participation

YSX firms disclose mixed prospects ahead of foreign participation

Companies listed on the Yangon Stock Exchange (YSX) announced mixed prospects for 2020, the year Myanmar is set to allow direct foreign ownership of equities listed on the bourse. The Securities and Exchange Commission of Myanmar announced last July that non-Myanmar individuals and locally-registered entities would be allowed to invest in listed shares of up […]

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ChaungU Township supplies 40 trucks of muskmelons to Muse market daily

ChaungU Township supplies 40 trucks of muskmelons to Muse market daily

ChaungU Township supplies 40 trucks of muskmelons to the Muse market every day, stated U Soe Lwin, chairperson of Sagaing Region Watermelon, Muskmelon Growers and Producers Association.Last year, muskmelon growers faced losses due to the low price. The price rose slightly in the second week of December 2019. Some muskmelons were damaged by the poor […]

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Legislation seeks to control country’s imports

Legislation seeks to control country’s imports

The Pyidaungsu Hluttaw announced the passing of the Law to Prevent an Increased Quantity of Imports on December 24,2019. Under to the new law, the Committee for Preventing an Increased Quantity of Imports will be formed and led by the Union Minister of Ministry of Commerce, the lead entity in the enforcement of the law. […]

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