Myanmar Prepares to Liberalize Capital Markets
Published on: Friday 12 October 2012
Myanmar’s opposition leader Aung San Suu Kyi’s efforts to reform her nation’s still-oppressive political system have not only impressed foreign leaders but also are gaining support within certain circles of the government. So says the nation’s central banker, who adds that Myanmar is ready to accelerate the opening up of its markets to foreign investors. Central Bank governor U Than Nyein says Myanmar will begin allowing global banks to set up joint ventures within the country as early as 2013.
