In early July, the government issued a statement allowing Myanmar’s Yangon Stock Exchange (YSX), to be open up to foreign investors who are living in Myanmar. These investors who will be able to take up to 35 percent shares in local companies, as well as to trade at the YSX will be able to do so starting from the 1st of August. This change will lift all previous barriers between Myanmar and other foreign investors.
The online trading system, on YSX has been recently introduced to attract more investors in the country’s stock market, as well as to promote stock trading value.“The improvements will be enforced to create a good environment for small enterprises; there will also be changes within the foreign owned company sector,” Dr. Wai Phyo Aung, member of Bill Committee and MP from Tharaka constituency, said.