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| August 23, 2019

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Myanmar launches first shares on fledgling bourse -

Myanmar tycoon Serge Pun (L) who runs First Myanmar Investment, a firm that began trading at the Yangon Stock Exchange, speaks to Maung Maung Thein (R), head of the Securities and Exchange Commission, on March 25, 2016Myanmar launched its first stock exchange with just one listed company Friday in the hopes of boosting the country's economy as it emerges from decades of isolationist military rule. The Southeast Asian nation is in the midst of a dramatic transition from a graft-soaked backwater to a vibrant emerging economy, with Aung San Suu Kyi's party days away from forming a civilian government. The Yangon Stock Exchange officially opened for trading, 20 years after it had first been conceived, with the clang of a bell and cheers from a business elite who are hungry for investment.



Economy News Headlines – Yahoo! News

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