Securities exchange (stock market)
Securities exchange policy and regulation
Scramble behind the scenes as Yangon Stock Exchange nears launch
Just a week before Myanmar’s first modern stock exchange is set to open on 9 December, a much-delayed announcement on the names of securities companies has not yet been made, underwriters have not received licences and domestic IPOs seem a distant dream. Ten companies have been ...
Port gets green light to list on Cambodian stock exchange
The Securities and Exchange Commission of Cambodia has given the Phnom Penh Autonomous Port preliminary approval to make an initial public offering on the country’s fledgling bourse, which the state-run firm expects to join in early December. Should it succeed, the port will be only the ...
Yangon stock exchange risks opening under US sanctions
Myanmar’s first modern stock exchange risks falling under sanctions by the US Treasury when it eventually launches this year. The Yangon Stock Exchange is not designated specifically by the Department of Treasury’s Office of Foreign Assets Control. However US officials have clarified that under US law it ...
Bourse softens listing criteria
For companies looking to float shares on Cambodia’s fledgling stock exchange, the rules have just been made easier. After three years and only two listings, the Securities and Exchange Commission of Cambodia has revamped the listing criteria, in a bid to increase the number of companies ...
New bourse rules to lure SMEs
Cambodia’s market regulator has released listing criteria for a new trading platform – with reduced accounting and capital requirements – aimed at making it easier for small- and mid-sized firms to list on the fledgling stock exchange, Sok Dara, deputy director general of the Securities ...
Vietnam widens dong’s trading band after China devalues yuan
Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...
China devalues yuan by 2% to boost flagging economy
China has devalued its currency to boost flagging exports in a move that risks deepening the global currency war. After recent data showing falling exports and a stalling manufacturing sector, the central bank said on 11 August that it was allowing the yuan to weaken by nearly ...
Vietnam regulator pledges measures to lure foreigners to stocks
Vietnam’s securities regulator is planning new measures to lure more foreign investors to the stock market. The government wants to speed account-opening procedures for overseas investors, accelerate the share-listing process, cut the trading settlement period, and force listed companies to release information in both Vietnamese and ...
Laos works to strengthen SMEs prior to AEC integration
Around 400 representatives from enterprises, companies, banks, and financial institutes of Laos and Thailand met in Vientiane Capital on June 16 to discuss improving Lao Small and Medium Enterprises (SME) and enhancing their competitiveness in the ASEAN Economic Community (AEC). The half-day seminar was held at the ...