Capital markets essential for private sector: IFC
International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding (MoU) in March to strengthen corporate governance regulatory standards and practices in Myanmar. In its press statement, the IFC said that a better regulated market will bolster investor confidence and help attract international investment to the country. During his visit to Myanmar, IFC Vice President and Treasurer Jingdong Hua sat down with the Myanmar Times to discuss capital markets, the Asian financial crisis and a range financial of issues concerning international investors.
