MYANMAR-JAPAN-SKOREA-ECONOMY-FINANCE-STOCKS

MYANMAR-JAPAN-SKOREA-ECONOMY-FINANCE-STOCKS

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TO GO WITH AFP STORY ‘Myanmar-Japan-SKorea-economy-finance-stocks,FOCUS’ by Daniel ROOK

This picture taken on May 3, 2012 in Yangon shows a Myanmar woman leaving the Myanmar Securities Exchange Center (MSEC), a joint venture between the research arm of Japan’s Daiwa Securities and the government-run Myanmar Economic Bank. Two of Asia’s biggest stock exchanges are fighting for dominance of the world’s hottest new frontier market as investors beat a path to Myanmar’s door following the end of decades of military rule. The Tokyo Stock Exchange announced last month a deal with Myanmar’s central bank to open a securities exchange in the country formerly known as Burma along with Japan’s Daiwa Securities, after years of discussions. The MSEC is a market minnow with big ambitions, aiming to transform itself into a full-fledged bourse by 2015 using the technology and trading platforms of the Tokyo Stock Exchange. AFP PHOTO/ Soe Than WIN

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