Myanmar, Japan to Invest $30.4m in Stock Exchange JV Myanmar and Japan’s Daiwa Securities Group will invest K30 billion ($30.43 million) in a joint venture stock exchange project in Yangon, U Maung Maung Thein, deputy minister for finance, said.
Myanmar government will hold 51 percent stake in the JV while Daiwa will hold the rest.
The minister said a total of 105 public companies are under scrutiny for listing on the stock exchange, scheduled to come up in October 2015.
China’s CPI Asks Myanmar to Honour Hydropower Project China’s China Power Investment Company (CPI) has urged the Myanmar government to honour the halted contract for the construction of a hydropower project on the Ayeyarwady river signed with the former Myanmar government, a senior CPI official said.