12 July 2018
MYANMAR: Trading on Yangon Stock Exchange to be Opened-Up to Non-Locals
As of 1 August this year, non-local residents are to be permitted to buy and sell shares on the Yangon Stock Exchange (YSX). The move, which coincides with the formal adoption of the country’s Companies Law, is designed to boost the country’s capital market and spur trading activity, while also making it more attractive for companies to list on the YSX.
The facility will also be extended to non-resident non-Myanmars once the required procedures have been approved by the Central Bank of Myanmar.