yangon exchange group was officially opened in December 2015. The bourse launched with six public companies listed. These were First Myanmar Investment (FMI), Myanmar Thilawa Public Company, First Private Bank, Myanmar Agribusiness Public Co. Ltd, Great Hor Kham Public Co. Ltd and Myanmar Citizens Bank. However, these companies didn’t list their shares in December. Myanmar’s deputy finance minister, Dr U Maung Maung Thein, spoke out on this issue. Commenting at the opening of the bourse, Thein said: “We will start with six public companies. Upon completion of the formalities, they will start trading in February or early March next year.” The goal of the YSE is to draw foreign direct investment (FDI), which carries a range of economic benefits e.g. a flow of new technology and human capital, to Myanmar. At present, the Yangon Stock Exchange is only accessible to local investors, although once the Myanmar Companies Act is passed it may also be opened up to global investors. Khmelnicky, Ukraine
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