Myanmar’s first-ever will be opened at the site of Myawady Bank Headquarters at the corner of Sule Pagoda street and Merchants street in the very heart of Yangon, reported The Voice Daily which cited deputy finance minister Maung Maung Thein.
The stock exchange developed with the support from the Japanese government is due to come to life in 2015.
A committee has been formed with officials from Internal Revenue Department, the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, Myanmar Banks Federation and the Finance and Revenue Ministry to renovate the facility for the stock exchange at the former Central Bank building which currently houses the Myawady Bank.
Technical trainings have started to be provided to the staff.
The deputy minister recently said the government has shortlisted five companies for the initial listing at the stock exchange.