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Burma’s Stock Exchange to Open This Year: Deputy Minister

17 July 2013

Burma will establish a stock exchange this year, local media report, citing the deputy minister for finance and revenue. Preparations are already under way to launch the exchange, which was earlier expected to open in two years, Mizzima reported Wednesday. “Earlier we planned to begin in 2015, but it would be too late,” Deputy Minister Maung Maung Thein told the news agency on Monday. “So, we are beginning this year.” He said the exchange would be established after a stock exchange law, already submitted to the Lower House of Parliament, was passed.