Yangon, Rabi'I 19, 1436, Jan 10, 2015, SPA -- Myanmar will open its first-ever stock market later this year, the deputy finance minister said Saturday. "We are ready to start it on October," Maung Maung Thein said. He also said that stock exchange licenses will be issued to companies soon, dpa reported. "The Securities Exchange Commission will issue licenses to the stock companies. It will be happen two or three months later," he said. The minister said about 10 companies would meet the criteria for initial listing. The commission was formed in August to supervise the new exchange. --SPA 13:48 LOCAL TIME 10:48 GMT www.spa.gov.sa/w
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