Silk Road Management, a Mongolia-based investment firm specializing in high-growth frontier markets, launched the Silk Road Myanmar Index on Wednesday to track the share price performance of eight Burma-related companies listed on various Asian stock exchanges, according to a report by The Financial Times. The new index gives portfolio investors an early chance to grab a share of the action in Burma, even though the country has no stock exchange. Two domestic companies on Burma’s informal over-the-counter market are excluded due to “limited investability” for international investors.
Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang
Myanmar National Democratic Alliance Army troops are opening roads and pathways through forests for people to flee Kokang’s capital as...
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