Daiwa Institute Establishes JV Myanmar Company

Toshiro Muto, Chairman of DIR. Photo: Koichi Kamoshida / Bloomberg
Toshiro Muto, Chairman of DIR.
Photo: Koichi Kamoshida / Bloomberg

Daiwa Institute of Research has been actively making preparations to establish a stock-exchange and providing support for the cultivation of Myanmar’s financial markets, a source at the Investment and Companies Registration Department said.

Daiwa Institute of Research, DIR established a joint venture with Myanmar Company ACE Data Systems Ltd. The DIR will carry out IT functions and software programs.