Day: March 17, 2020

YSX companies free to decide level of foreign ownership

YSX companies free to decide level of foreign ownership

The Yangon Stock Exchange (YSX) will allow listed companies to decide the number of shares available to foreigners. Under the Myanmar Companies Law, foreign investors are allowed to a hold a maximum stake of 35 percent in Myanmar citizen-owned companies. To trade on the YSX, resident foreigners must open a Myanmar kyat-denominated current account, namely […]

Read More

Myanmar launches aquaculture roadmap

Myanmar launches aquaculture roadmap

The government has launched a national roadmap for the aquaculture industry to develop the sector and to illustrate the market opportunities and hurdles. The Ministry of Agriculture, Livestock and Irrigation launched the National Aquaculture Development Plan 2019-2023 on March 13. The plan aims to provide policy and institutional framework for sustainable development of Myanmar’s aquaculture […]

Read More