KRX to help Myanmar open stock market

By Park Sae-jin Posted : June 7, 2013, 10:48 Updated : June 7, 2013, 10:48
Korea's bourse operator said it will help Myanmar establish its stock market.

To this end, the Korea Exchange (KRX) signed a memorandum of understanding (MOU) with Myanmar's central bank, KRX officials said.

Under the MOU, the KRX will provide the Myanmarese central bank with know-how on stock market operations, education and training programs and counselling service, they said.

Myanmar, the only Southeast Asian country without a stock market, plans to open its stock market by 2015.

By Keat Min Woo
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