Myanmar’s economy has logged one of the fastest growth rates in the world since it opened up in 2011, but its development of channels for financing such growth has not kept pace.
The stock market, which began trading in March 2016, has just four listings, and overall market capitalisation is equivalent to less than 1% of the country’s gross domestic product (GDP), a stark contrast to other countries in the region. For example, Singapore’s total market cap – the largest among south-east Asia’s bourses – comes in at 238% of GDP.
