Myanmar

Myanmar has stepped up its efforts to establish the country’s first modern stock exchange following the release of a series of listing criteria last week. The high standard of the requirements means only a handful of companies will be eligible to list, but bigger issues will in any case need to be addressed before the Yangon Stock Exchange (YSX) can launch, writes Rev Hui.

Myanmar has moved closer to an offshore bond issue after circulating a draft law clarifying how the sovereign can raise debt, and hiring Citi and Standard Chartered as ratings advisers. The moves have been welcomed but investors have been warned to expect a long wait before they get their hands on any deal, writes Shruti Chaturvedi.

The Government of the Union of Myanmar has hired Citi and Standard Chartered as sovereign credit rating advisers as it looks to pave its way to the international debt market.

The Republic of the Union of Myanmar could soon be making waves in the international debt market, having enlisted the help of Citi and Standard Chartered to attain its first credit rating.