Capital-hungry Myanmar firms gunning for Singapore listings

6-10 firms to list in Singapore in next few years.

According to Reuters' report, at Yangon International airport, large blue and white signs in the arrival and departure halls promote Singapore's stock exchange as the go-to destination for Myanmar businesses seeking capital.

The advertisements underscore Singapore's nascent role as a magnet for Myanmar companies eager to grow as their country emerges from decades of isolation but frustrated by its crippled banking system and barely existing financial markets.

Lawyers and financial advisors who work closely with Myanmar firms say about six to 10 companies are considering a listing in Singapore over the next couple of years.

Read full report here.

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