Yangon, May 31 (IANS) Japan will provide technical aid to Myanmar for the development of capital market, official media reported Thursday.
A memorandum of understanding on the technical aid has been signed between the Central Bank of Myanmar and the Daiwa Research Institute and Tokyo Stock Exchange of Japan in Nay Pyi Taw, said the New Light of Myanmar.
Myanmar Minister of Finance and Revenue U Hla Tun, who is also chairman of the Capital Market Development Committee, said Myanmar would establish stock exchange by 2015 under a blue print set out by the committee.
Myanmar has allowed the setting-up of public companies in a bid to shape the capital market, reported Xinhua.
