The Tokyo Stock Exchange and Japan’s Daiwa Securities Group are working with the Myanmar Government to bring its economy and regulations in line with the international standards.

In that attempt, Yangon Stock Exchange (YSE) will be established with a starting capital of Ks 32 billion with Myanmar’s 51% stake and Japan’s 49% stake

YSE is scheduled to open in 2015. However, experts are not entirely certain that the infrastructure required – such as a securities law, a regulatory body and market regulations – will be available by 2015.

It is also currently unclear whether the existence of an essentially unregulated OTC market would be approved alongside the YSE.